KPIs & Operating Metrics(New)
Growth Metrics

Intercontinental Exchange (ICE) Tax Rate (2013 - 2026)

Intercontinental Exchange posted quarterly Tax Rate of 24.51% for Q1 2026, up 61.0% year-on-year from 15.23% in Q1 2025, and up 28.09% on a QoQ basis from 19.14% in Q4 2025.

Intercontinental Exchange (ICE) has 14 years of Tax Rate data on file, last reported at 24.51% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 61.0% year-over-year to 24.51%; the trailing twelve-month figure through Mar 2026 stood at 22.91% (down 121.0% YoY), and the FY2025 full-year result was 22.46%, down 31.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 24.51%, up from 19.14% 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.
  • The 5-year median for Tax Rate is 23.13% (2025), against an average of 22.61%.
  • The widest annual swing landed in 2022, when Tax Rate soared 2379 bps; it then tumbled 2845 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 21.99% in 2022, then advanced by 11 bps to 24.42% in 2023, then decreased by 11 bps to 21.66% in 2024, then dropped by 12 bps to 19.14% in 2025, then gained by 28 bps to 24.51% in 2026.
  • The last three Tax Rate figures came in at 24.51% (Q1 2026), 19.14% (Q4 2025), and 23.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 21.17
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 23.60
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 24.51
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 24.02
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 23.34
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 15.19
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn -4.32
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 25.18
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 6.45
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 17.41

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 24.51
Mar 31, 2026 24.51
Dec 31, 2025 19.14
Dec 31, 2025 19.14
Sep 30, 2025 23.13
Sep 30, 2025 23.13
Jun 30, 2025 23.59
Jun 30, 2025 23.59
Mar 31, 2025 23.90
Mar 31, 2025 23.90
Dec 31, 2024 21.66
Dec 31, 2024 21.66
Sep 30, 2024 25.28
Sep 30, 2024 25.28
Jun 30, 2024 25.78
Jun 30, 2024 25.78
Mar 31, 2024 18.78
Mar 31, 2024 18.78
Dec 31, 2023 24.42
Dec 31, 2023 24.42
Sep 30, 2023 18.04
Sep 30, 2023 18.04
Jun 30, 2023 3.78
Jun 30, 2023 3.78
Mar 31, 2023 20.61
Mar 31, 2023 20.61
Dec 31, 2022 21.99
Dec 31, 2022 21.99
Sep 30, 2022 46.48
Sep 30, 2022 46.48
Jun 30, 2022 23.41
Jun 30, 2022 23.41
Mar 31, 2022 19.83
Mar 31, 2022 19.83
Dec 31, 2021 27.50
Dec 31, 2021 27.50
Sep 30, 2021 22.69
Sep 30, 2021 22.69
Jun 30, 2021 35.14
Jun 30, 2021 35.14
Mar 31, 2021 21.97
Mar 31, 2021 21.97
Dec 31, 2020 21.66
Dec 31, 2020 21.66
Sep 30, 2020 32.42
Sep 30, 2020 32.42
Jun 30, 2020 21.55
Jun 30, 2020 21.55
Mar 31, 2020 21.29
Mar 31, 2020 21.29
Dec 31, 2019 22.83
Dec 31, 2019 22.83
Sep 30, 2019 16.09
Sep 30, 2019 16.09
Jun 30, 2019 23.89
Jun 30, 2019 23.89
Mar 31, 2019 21.41
Mar 31, 2019 21.41
Dec 31, 2018 16.12
Dec 31, 2018 16.12
Sep 30, 2018 16.06
Sep 30, 2018 16.06
Jun 30, 2018 24.39
Jun 30, 2018 24.39
Mar 31, 2018 23.18
Mar 31, 2018 23.18
Dec 31, 2017 -84.65
Dec 31, 2017 -84.65
Sep 30, 2017 33.04
Sep 30, 2017 33.04
Jun 30, 2017 24.69
Jun 30, 2017 24.69
Mar 31, 2017 3.86
Mar 31, 2017 3.86
Dec 31, 2016 32.54
Dec 31, 2016 32.54
Sep 30, 2016 20.99
Sep 30, 2016 20.99
Jun 30, 2016 29.65
Jun 30, 2016 29.65
Mar 31, 2016 30.19
Mar 31, 2016 30.19
Dec 31, 2015 4.60
Dec 31, 2015 4.60
Sep 30, 2015 26.71
Sep 30, 2015 26.71
Jun 30, 2015 27.39
Jun 30, 2015 27.39
Mar 31, 2015 26.76
Mar 31, 2015 26.76
Dec 31, 2014 28.64
Dec 31, 2014 28.64
Sep 30, 2014 28.75
Sep 30, 2014 28.75
Jun 30, 2014 29.06
Jun 30, 2014 29.06
Mar 31, 2014 27.90
Mar 31, 2014 27.90
Dec 31, 2013 -23.71
Dec 31, 2013 -23.71
Sep 30, 2013 24.87
Sep 30, 2013 24.87
Jun 30, 2013 27.19
Jun 30, 2013 27.19
Mar 31, 2013 28.27
Mar 31, 2013 28.27