MARKETS / NYSE / ICE
NYSE · SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES · LARGE CAP

Intercontinental Exchange, Inc. ICE

15 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY10 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$12.6B
▲ 7.5% vs FY2024
Dividend streak
10 yrs
Raised every year since 2016
EPS · FY25
$5.77
Dividend / sh · FY25
$1.92
Payout · FY25
33%
ROE · FY25
11.7%
Net margin · FY25
26.2%
Dividend coverage
3.0×
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Result
USD 12.6B
Revenue, FY2025 · full 15-year series below
Revenue Net income
48121612.63.3201120142017202020232025
48121612.63.32016201920222025

26 cents of every revenue dollar became profit this year.

Per share
USD 5.77
Diluted EPS, FY2025
EPS Dividend
481.925.77201120142017202020232025
481.925.772016201920222025

Earnings covered the dividend 3.0 times — the rest stayed in the company.

Profitability
11.7%
Return on equity, FY2025
ROE
510152011.7%201120142017202020232025
510152011.7%2016201920222025
Operating margin39.0%
Net margin26.2%
Return on assets2.4%

Each USD of equity produced 12 cents of profit this year.

Returned to shareholders
USD 2.4B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 1.1B
Net buybacksUSD 1.3B
Share of profit72.4%
Consecutive raises10 years

USD 1.1B in dividends and USD 1.3B in buybacks — 72% of the year's profit went back to shareholders.

Growth
+8.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+9.5%
+8.9%
+14.2%
Net income
+31.9%
+9.7%
+10.0%
EPS, diluted
+30.8%
+8.9%
+9.7%
Dividend / share
+8.1%
+9.9%
+12.7%
Returned to shareholders
+17.3%
+4.6%
+9.5%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.57B
Shares outstanding, FY2025
0.070.57201120142017202020232025
0.590.572016201920222025
Change, 5 years+1.1%
Change, 10 years−4.5%

The share count grew 1% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 136.9B
total assets, end of FY2025
Total assetsUSD 136.9B
EquityUSD 28.9B
CashUSD 837.0M
Gross debtUSD 19.6B
Net debtUSD 18.8B
Current ratio1.02×

Net debt stands at 65% of equity.

History
15 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Revenue $B
12.6
11.8
9.9
9.6
9.2
8.2
6.5
6.3
5.8
6.0
3.3
4.4
1.7
1.4
1.3
Operating income $B
4.9
4.3
3.7
3.6
3.4
3.0
2.7
2.6
2.4
2.2
1.8
1.4
0.8
0.8
0.8
EBITDA $B
5.1
4.5
3.9
3.8
3.6
3.2
2.8
2.7
2.5
2.3
1.9
1.5
0.8
0.9
0.8
Income tax $B
1.0
0.8
0.5
0.3
1.6
0.7
0.5
0.5
−0.0
0.6
0.4
0.4
0.2
0.2
0.2
Net income $B
3.3
2.8
2.4
1.4
4.1
2.1
1.9
2.0
2.5
1.4
1.3
1.0
0.3
0.6
0.5
EPS, diluted $
5.77
4.78
4.19
2.58
7.18
3.77
3.42
3.43
4.25
2.39
2.28
1.71
3.21
7.52
6.90
Dividend / sh $
1.92
1.80
1.68
1.52
1.32
1.20
1.10
0.96
0.80
0.68
0.58
0.52
0.65
0.00
0.00
Payout %
33
38
40
59
18
32
32
28
19
29
26
30
30
0
0
ROE %
11.7
10.3
9.8
6.4
19.2
11.4
11.2
11.6
15.5
9.4
9.4
7.9
3.2
15.1
·
Shares out B
0.57
0.57
0.57
0.56
0.56
0.56
0.55
0.57
0.58
0.59
0.59
0.11
0.12
0.07
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
43 of 43
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed