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Companies / Financials / Intercontinental Exchange
ICE

Intercontinental Exchange

FinancialsBanks & BrokersS&P 500
Ticker ICEATLANTA, GAFiscal year ends DecemberBook value per share $52.03Diluted shares 568.0M

Intercontinental Exchange, Inc. (NYSE: ICE) operates global exchanges, clearing houses, and financial and mortgage technology platforms for financial institutions, corporations, government entities and other market participants. Its three reportable segments are Exchanges, Fixed Income and Data Services, and Mortgage… From the company’s description.

In fiscal 2025, Intercontinental Exchange reported revenue of $12.64B, up 7.5% from fiscal 2024, and net income of $3.37B. Its pre-tax margin was 39.0%. Over the twelve months to Jun 30, 2026, revenue was $13.43B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$12.64BFY2025
+7.5% year over year
Last 12 mo $13.43B
39.00%FY2025
+2.4 percentage points
Last 12 mo 40.72%
$3.37BFY2025
+20.3% year over year
Last 12 mo $4.10B
11.46%FY2025
+1.5 percentage points
Last 12 mo 13.66%
Cash & financing
$4.66BFY2025
+1.1% year over year
Last 12 mo $5.51B
$3.87BFY2025
+0.4% year over year
Last 12 mo $4.64B
3.34FY2025
Was 3.71× a year earlier
Last 12 mo 0.67
575.0MFY2025
−0.2% year over year
Last 12 mo 568.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Intercontinental Exchange does

In the company’s own words

Intercontinental Exchange, Inc. (NYSE: ICE) operates global exchanges, clearing houses, and financial and mortgage technology platforms for financial institutions, corporations, government entities and other market participants. Its three reportable segments are Exchanges, Fixed Income and Data Services, and Mortgage Technology. Exchanges operates regulated markets for derivatives and securities, including energy, agricultural, metals and financial contracts, and provides related data, connectivity, listings and clearing services; it contributed 55% of 2025 consolidated revenues less transaction-based expenses. Fixed Income and Data Services offers bond pricing and reference data, indices, analytics, electronic trading, credit-default-swap clearing and multi-asset connectivity, contributing 24%. Mortgage Technology provides digital software and data across the U.S. residential mortgage lifecycle, from origination and closing to servicing and the secondary market, contributing 21%. The company operates 13 regulated exchanges and six clearing houses. In 2025, it generated $5.4 billion in Exchanges revenue less transaction-based expenses; it employed 12,844 people as of December 31, 2025. Founded in 2000 around energy markets, ICE expanded into other asset classes and acquired the NYSE. Its website is www.ice.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
ATLANTA, GA
Fiscal year end
December
CIK
1571949
SIC
6200

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.34B$2.69B$6.71B$10.74B$14.77B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Intercontinental Exchange — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

937
funds hold it
3 of 35
superinvestors hold it
$23.87B
held by funds, at market
32.1%
of shares held by funds
17
bond issues held by funds

Superinvestors in Intercontinental Exchange · what they did last quarter

Bill NygrenINCREASED +10.5%
Harris Associates (Oakmark)
3.0%of 13F portfolio
Ruane CunniffDECREASED -3.0%
Ruane, Cunniff & Goldfarb (Sequoia)
4.9%of 13F portfolio
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Intercontinental Exchange’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.10%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.11%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.13%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.11%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Intercontinental Exchange’s bonds, as funds hold them

Funds report holding 17 issues of Intercontinental Exchange’s debt, $2.48B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.77%, maturing 2027 to 2062.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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