Intercontinental Exchange (LTS:0JC3) EBIT: $5,976 Mil (TTM As of Mar. 2026)


LTS:0JC3 Intercontinental Exchange Inc LTS:0JC3
82 GF Score
Price $131.02
GF Value $166.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Intercontinental Exchange EBIT?

Intercontinental Exchange LTS:0JC3 -1.81% 82 EBIT is $5,976 Mil as of Mar. 2026. GuruFocus rates LTS:0JC3 with a GF Score™ of 82/100 and a GF Value™ of $166.76 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Intercontinental Exchange's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $2,100 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $5,976 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Intercontinental Exchange's annualized ROC % for the quarter that ended in Mar. 2026 was 3.42%. Intercontinental Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 311.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Intercontinental Exchange's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.59%.


Intercontinental Exchange  (LTS:0JC3) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Intercontinental Exchange's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=6824 * ( 1 - 24.51% )/( (129255 + 172313)/ 2 )
=5151.4376/150784
=3.42 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Intercontinental Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8400/( ( (2691 + max(-2577, 0)) + (2707 + max(-1752, 0)) )/ 2 )
=8400/( ( 2691 + 2707 )/ 2 )
=8400/2699
=311.23 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1552 + 0 + 78952) - (5970 + 204 + 76907)
=-2577

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2382 + 0 + 119804) - (5488 + 640 + 117810)
=-1752

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Intercontinental Exchange's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5976/90654.935
=6.59 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intercontinental Exchange EBIT Related Terms


Intercontinental Exchange EBIT Historical Data

* Premium members only.

The historical data trend for Intercontinental Exchange's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Intercontinental Exchange EBIT Chart

Intercontinental Exchange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,121.00 2,424.00 3,702.00 4,538.00 5,149.00

Intercontinental Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,273.00 1,333.00 1,273.00 1,270.00 2,100.00

LTS:0JC3 vs MCO, CME, NDAQ: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intercontinental Exchange EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Intercontinental Exchange's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Intercontinental Exchange's EV-to-EBIT falls into.


LTS:0JC3
82GF Score
Intercontinental Exchange Inc LTS:0JC3
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Intercontinental Exchange EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,976 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $5,976 Mil mean?
Intercontinental Exchange (LTS:0JC3) has a EBIT of $5,976 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Intercontinental Exchange.
Is Intercontinental Exchange's EBIT too high?
Intercontinental Exchange's current EBIT is $5,976 Mil. Overall, Intercontinental Exchange has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intercontinental Exchange's EBIT compare to MCO and CME?
Intercontinental Exchange's EBIT of $5,976 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Intercontinental Exchange. Intercontinental Exchange's current EBIT is $5,976 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercontinental Exchange stock overvalued right now?
Based on GuruFocus' analysis, Intercontinental Exchange (LTS:0JC3) is currently considered Modestly Undervalued. The stock's GF Value™ is $166.76, compared to a current price of $131.02 — trading 21.4% below its estimated fair value. The current EBIT is $5,976 Mil. Intercontinental Exchange's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Intercontinental Exchange (LTS:0JC3), the current EBIT is $5,976 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Intercontinental Exchange (LTS:0JC3) Overvalued in 2026?

Based on GuruFocus' analysis, Intercontinental Exchange stock appears to be undervalued. The current stock price of $131.02 is trading 21.4% below its estimated GF Value™ of $166.76. GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.

Key valuation signals for LTS:0JC3:

  • EBIT: $5,976 Mil
  • GF Value™: $166.76 vs. price of $131.02 (21.4% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the LTS:0JC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intercontinental Exchange Business Description

Address 5660 New Northside Drive, Atlanta, GA, USA, 30328
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data-services segment (24% of net revenue).
82GF Score

Get the complete analysis for LTS:0JC3

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$131.02
Price
$166.76
GF Value