Intercontinental Exchange (ICE) Invested Capital (2012 - 2026)
Intercontinental Exchange (ICE) recorded Invested Capital of $49.47 billion in Q2 2026, up 3.7% from $47.71 billion a year earlier but down 0.9% from the prior quarter.
Intercontinental Exchange (ICE) Invested Capital (2012 - 2026) Analysis & Trends
For FY2025, Intercontinental Exchange reported Invested Capital of $48.61 billion, up 1.1% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $48.07 billion in FY2024 (-0.7%), $48.4 billion in FY2023 (+18.4%), $40.88 billion in FY2022 (+11.5%) and $36.67 billion in FY2021 (+1.6%).
- Quarterly Invested Capital has ranged from $35.82 billion in Q3 2021 to $49.9 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Invested Capital has increased for three consecutive quarters, with growth averaging 0.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 20.4% in Q3 2023, against a decline of 1.7% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $49.9 billion (Q1 2026), $48.61 billion (Q4 2025) and $47.72 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 29.99 Bn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | 85.20 Bn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 53.25 Bn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 12.74 Bn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 20.74 Bn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | 54.75 Bn |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 7.37 Bn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 24.66 Bn |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | 27.36 Bn |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 53.25 Bn |
| Jun 30, 2026 | 49.47 Bn |
| Mar 31, 2026 | 49.90 Bn |
| Dec 31, 2025 | 48.61 Bn |
| Sep 30, 2025 | 47.72 Bn |
| Jun 30, 2025 | 47.71 Bn |
| Mar 31, 2025 | 48.30 Bn |
| Dec 31, 2024 | 48.07 Bn |
| Sep 30, 2024 | 48.47 Bn |
| Jun 30, 2024 | 48.55 Bn |
| Mar 31, 2024 | 48.27 Bn |
| Dec 31, 2023 | 48.40 Bn |
| Sep 30, 2023 | 48.81 Bn |
| Jun 30, 2023 | 42.02 Bn |
| Mar 31, 2023 | 41.33 Bn |
| Dec 31, 2022 | 40.88 Bn |
| Sep 30, 2022 | 40.54 Bn |
| Jun 30, 2022 | 40.97 Bn |
| Mar 31, 2022 | 36.88 Bn |
| Dec 31, 2021 | 36.67 Bn |
Intercontinental Exchange Invested Capital 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=invested-capital&ticker=ICE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ICE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();