Intercontinental Exchange (ICE) Free Cash Flow (2013 - 2026)
Intercontinental Exchange (ICE) reported Free Cash Flow of $1.85 billion for Q2 2026, up 28.2% from $1.45 billion a year earlier and up 46.9% from the prior quarter.
Intercontinental Exchange (ICE) Free Cash Flow (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Intercontinental Exchange's Free Cash Flow came in at $5.08 billion, up 13.9% year-over-year; for FY2025, it was $4.29 billion, up 2.0% from FY2024.
- Free Cash Flow has increased for eight consecutive years, with a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $4.2 billion in FY2024 (+25.4%), $3.35 billion in FY2023 (+0.7%), $3.33 billion in FY2022 (+13.1%) and $2.94 billion in FY2021 (+10.1%).
- The Q2 2026 figure ranks as the highest quarterly Free Cash Flow in data going back to Q1 2013.
- Year over year, Free Cash Flow gained in six of the last eight quarters, with growth averaging 17.9%.
- The high point for year-over-year Free Cash Flow in five years was Q1 2024 (growth of 50.5%); the low point was Q4 2025 (a decline of 15.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.26 billion (Q1 2026), $1.11 billion (Q4 2025) and $853 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 1.07 Bn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | 4.05 Bn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 1.05 Bn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 1.22 Bn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 459.00 Mn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | 1.91 Bn |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 793.00 Mn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 814.00 Mn |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | 1.80 Bn |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | 338.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.05 Bn |
| Jun 30, 2026 | 1.85 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 853.00 Mn |
| Jun 30, 2025 | 1.45 Bn |
| Mar 31, 2025 | 881.00 Mn |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 819.00 Mn |
| Jun 30, 2024 | 1.12 Bn |
| Mar 31, 2024 | 951.00 Mn |
| Dec 31, 2023 | 883.00 Mn |
| Sep 30, 2023 | 725.00 Mn |
| Jun 30, 2023 | 1.11 Bn |
| Mar 31, 2023 | 632.00 Mn |
| Dec 31, 2022 | 992.00 Mn |
| Sep 30, 2022 | 682.00 Mn |
| Jun 30, 2022 | 935.00 Mn |
| Mar 31, 2022 | 720.00 Mn |
| Dec 31, 2021 | 931.00 Mn |
Intercontinental Exchange Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ICE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "ICE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ICE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();