Intercontinental Exchange (ICE) Tax Rate (2013 - 2026)
Intercontinental Exchange's (ICE) quarterly Tax Rate came in at 24.24% in Q2 2026, up 66.0% on a YoY basis from 14.6% in Q2 2025, and down 1.1% quarter-over-quarter from 24.51% in Q1 2026.
Analysis
Intercontinental Exchange (ICE) Tax Rate (2013 - 2026) Analysis & Trends
Intercontinental Exchange (ICE) has reported Tax Rate for 14 consecutive years, with 24.24% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 66.0% year-over-year to 24.24%; the trailing twelve-month figure through Jun 2026 stood at 23.09% (down 52.0% YoY), and the FY2025 full-year result was 22.46%, down 31.0% from the prior year.
- Tax Rate fell to 24.24% in Q2 2026 per ICE's latest filing, from 24.51% in the prior quarter.
- Across five years, Tax Rate topped out at 46.48% in Q3 2022 and bottomed at 3.78% in Q2 2023.
- Historically, Tax Rate has averaged 22.7% across 5 years, with a median of 23.27% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 2379 bps in 2022, then slumped 2845 bps in 2023.
- Over 5 years, Tax Rate stood at 21.99% in 2022, then climbed by 11 bps to 24.42% in 2023, then slipped by 11 bps to 21.66% in 2024, then declined by 12 bps to 19.14% in 2025, then climbed by 27 bps to 24.24% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.24%, 24.51%, and 19.14% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 98.69 Bn | 98.69 Bn | 1.65 Bn | 21.53% |
| 2 | Intercontinental Exchange | 87.62 Bn | 85.67 Bn | - | 24.24% |
| 3 | Nasdaq | 52.23 Bn | 51.51 Bn | 1.50 Bn | 22.36% |
| 4 | Cboe Global Markets | 29.99 Bn | 27.60 Bn | 731.60 Mn | 28.62% |
| 5 | Tradeweb Markets | 21.64 Bn | 19.58 Bn | - | 23.50% |
| 6 | Marketaxess Holdings | 5.74 Bn | 5.45 Bn | - | 23.88% |
| 7 | Miami International Holdings | 4.04 Bn | 3.37 Bn | 141.11 Mn | -53.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2022 | 46.48% |
| Jun 30, 2022 | 23.41% |
| Mar 31, 2022 | 19.83% |
| Dec 31, 2021 | 27.50% |
| Sep 30, 2021 | 22.69% |