Intercontinental Exchange (ICE) Tax Rate (2013 - 2026)
Intercontinental Exchange (ICE) recorded Tax Rate of 24.24% in Q2 2026, up 0.66 percentage points from 23.59% a year earlier but down 0.27 percentage points from the prior quarter.
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Analysis
Intercontinental Exchange (ICE) Tax Rate (2013 - 2026) Analysis & Trends
On a TTM basis, Intercontinental Exchange's Tax Rate came in at 23.09% as of Jun 30, 2026, down 0.52 percentage points year-over-year; for FY2025, it was 22.46%, down 0.31 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -1.33 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 22.77% in FY2024 (+7.01 pp), 15.76% in FY2023 (-1.39 pp), 17.15% in FY2022 (-11.44 pp) and 28.59% in FY2021 (+4.80 pp).
- Quarterly Tax Rate has ranged from 3.78% in Q2 2023 to 27.50% in Q4 2021 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +0.50 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 22.01 percentage points in Q2 2024, against a drop of 19.63 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.51% (Q1 2026), 19.14% (Q4 2025) and 23.13% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 23.46% |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | 22.83% |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 23.03% |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 23.84% |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 23.11% |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | 21.47% |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 22.78% |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 9.89% |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | 19.28% |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | 22.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.03% |
| Jun 30, 2026 | 24.24% |
| Mar 31, 2026 | 24.51% |
| Dec 31, 2025 | 19.14% |
| Sep 30, 2025 | 23.13% |
| Jun 30, 2025 | 23.59% |
| Mar 31, 2025 | 23.90% |
| Dec 31, 2024 | 21.66% |
| Sep 30, 2024 | 25.28% |
| Jun 30, 2024 | 25.78% |
| Mar 31, 2024 | 18.78% |
| Dec 31, 2023 | 24.42% |
| Sep 30, 2023 | 18.04% |
| Jun 30, 2023 | 3.78% |
| Mar 31, 2023 | 20.61% |
| Dec 31, 2022 | 21.99% |
| Jun 30, 2022 | 23.41% |
| Mar 31, 2022 | 19.83% |
| Dec 31, 2021 | 27.50% |
| Sep 30, 2021 | 22.69% |
API Access
Intercontinental Exchange Tax Rate 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=tax-rate&ticker=ICE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ICE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();