ICE (Intercontinental Exchange) EV-to-EBIT: 16.62 (As of Aug. 04, 2026) — 18% Below Median

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ICE Intercontinental Exchange Inc ICE
82 GF Score
Price $149.59
GF Value $172.93
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Intercontinental Exchange EV-to-EBIT?

Intercontinental Exchange ICE -1.46% 82 EV-to-EBIT is 16.62 as of Aug. 04, 2026, which is 18% below its 10-year median of 20.15. GuruFocus rates ICE with a GF Score™ of 82/100 and a GF Value™ of $172.93 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 500 Capital Markets companies, Intercontinental Exchange ranks worse than 68.6% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Intercontinental Exchange's Enterprise Value is $101,984 Mil. Intercontinental Exchange's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $6,135 Mil. Therefore, Intercontinental Exchange's EV-to-EBIT for today is 16.62.

The historical rank and industry rank for Intercontinental Exchange's EV-to-EBIT or its related term are showing as below:

ICE' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.6   Med: 20.15   Max: 31.42
Current: 16.62

During the past 13 years, the highest EV-to-EBIT of Intercontinental Exchange was 31.42. The lowest was 10.60. And the median was 20.15.

ICE's EV-to-EBIT is ranked worse than
68.6% of 500 companies
in the Capital Markets industry
Industry Median: 9.8 vs ICE: 16.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Intercontinental Exchange's Enterprise Value for the quarter that ended in Jun. 2026 was $87,070 Mil. Intercontinental Exchange's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $6,135 Mil. Intercontinental Exchange's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.05%.


Intercontinental Exchange  (NYSE:ICE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Intercontinental Exchange's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=6135/87069.71
=7.05 %

Intercontinental Exchange's Enterprise Value for the quarter that ended in Jun. 2026 was $87,070 Mil.
Intercontinental Exchange's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,135 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.


Intercontinental Exchange EV-to-EBIT Related Terms


Intercontinental Exchange EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Intercontinental Exchange's EV-to-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 EV-to-EBIT Chart

Intercontinental Exchange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.76 29.44 25.78 23.13 21.09

Intercontinental Exchange Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 25.19 22.71 21.09 17.76 14.19

ICE vs MCO, CME, NDAQ: EV-to-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.


ICE
82GF Score
Intercontinental Exchange Inc ICE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercontinental Exchange EV-to-EBIT Calculation

Intercontinental Exchange's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=101984.001/6135
=16.62

Intercontinental Exchange's current Enterprise Value is $101,984 Mil.
Intercontinental Exchange's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,135 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 EV-to-EBIT →
What does a EV-to-EBIT of 16.62 mean?
Intercontinental Exchange (ICE) has a EV-to-EBIT of 16.62 as of Aug. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Intercontinental Exchange and its competitors. This is 18% below median its historical median of 20.15. Over the past decade, Intercontinental Exchange's EV-to-EBIT has ranged from 10.60 to 31.42. According to the industry distribution chart, Intercontinental Exchange ranks #343 out of 500 companies in the Capital Markets industry, placing it in the top 68.6%.
Is Intercontinental Exchange's EV-to-EBIT too high?
Intercontinental Exchange's current EV-to-EBIT of 16.62 is 18% below median its 10-year median of 20.15. Over the past 10 years, this metric has ranged from a low of 10.60 to a high of 31.42. The Capital Markets industry median EV-to-EBIT is 9.80. Intercontinental Exchange's value of 16.62 is 69.6% above this industry median. Based on the distribution chart, Intercontinental Exchange ranks #343 out of 500 companies in the Capital Markets industry, which is below the industry midpoint. 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 EV-to-EBIT compare to MCO and CME?
According to the Capital Markets industry distribution chart, Intercontinental Exchange ranks #343 out of 500 companies for EV-to-EBIT. This places Intercontinental Exchange in the lower half of its industry. The industry median EV-to-EBIT is 9.80. Intercontinental Exchange's value of 16.62 is 69.6% above this benchmark. Historically, Intercontinental Exchange's own EV-to-EBIT has ranged from 10.60 to 31.42 over the past decade. While the company's 10-year median is 20.15 vs. the industry median of 9.80, Intercontinental Exchange has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.80, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Intercontinental Exchange's current EV-to-EBIT of 16.62 is 69.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Intercontinental Exchange and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercontinental Exchange's current EV-to-EBIT is 16.62, which is 18% below median its own 10-year median of 20.15. 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 (ICE) is currently considered Modestly Undervalued. The stock's GF Value™ is $172.93, compared to a current price of $149.59 — trading 13.5% below its estimated fair value. The current EV-to-EBIT is 16.62, which is 18% below median its 10-year median of 20.15 and 69.6% above the Capital Markets industry median of 9.80. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Intercontinental Exchange (ICE), the current EV-to-EBIT is 16.62 as of Aug. 04, 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 (ICE) Overvalued in 2026?

Based on GuruFocus' analysis, Intercontinental Exchange stock appears to be undervalued. The current stock price of $149.59 is trading 13.5% below its estimated GF Value™ of $172.93. GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.

Key valuation signals for ICE:

  • EV-to-EBIT: 16.62 (18% below median its 10-year median of 20.15)
  • GF Value™: $172.93 vs. price of $149.59 (13.5% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 69.6% above the Capital Markets median (#343 of 500)

No single metric tells the full story. See the ICE 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 ICE

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

$149.59
Price
$172.93
GF Value