Intercontinental ExchangeSTU:IC2 -1.92%86 FCF Margin % is 31.37% as of Mar. 2026, which is 2% above its 10-year median of 30.73. GuruFocus rates STU:IC2 with a GF Score™ of 86/100 and a GF Value™ of €145.99 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 771 Capital Markets companies, Intercontinental Exchange ranks better than 74.45% on this metric.
* 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.
STU:IC2 vs MCO, CME, NDAQ: FCF Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Intercontinental Exchange's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Intercontinental Exchange's FCF Margin % falls into.
* 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 (STU:IC2) has a FCF Margin % of 31.37% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Intercontinental Exchange and its competitors. This is near median its historical median of 30.73. Over the past decade, Intercontinental Exchange's FCF Margin % has ranged from 29.13 to 35.96. According to the industry distribution chart, Intercontinental Exchange ranks #197 out of 771 companies in the Capital Markets industry, placing it in the top 25.6%.
Is Intercontinental Exchange's FCF Margin % too high?
Intercontinental Exchange's current FCF Margin % of 31.37% is near median its 10-year median of 30.73. Over the past 10 years, this metric has ranged from a low of 29.13 to a high of 35.96. The Capital Markets industry median FCF Margin % is 0.90. Intercontinental Exchange's value of 31.37% is 3385.6% above this industry median. Based on the distribution chart, Intercontinental Exchange ranks #197 out of 771 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Intercontinental Exchange has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intercontinental Exchange's FCF Margin % compare to MCO and CME?
According to the Capital Markets industry distribution chart, Intercontinental Exchange ranks #197 out of 771 companies for FCF Margin %. This puts Intercontinental Exchange in the upper half of its industry. The industry median FCF Margin % is 0.90. Intercontinental Exchange's value of 31.37% is 3385.6% above this benchmark. Historically, Intercontinental Exchange's own FCF Margin % has ranged from 29.13 to 35.96 over the past decade. While the company's 10-year median is 30.73 vs. the industry median of 0.90, 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 FCF Margin % for a Capital Markets company?
The median FCF Margin % among Capital Markets companies is 0.90, based on 771 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Intercontinental Exchange's current FCF Margin % of 31.37% is 3385.6% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Intercontinental Exchange and its competitors. For the Capital Markets industry, the median FCF Margin % is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercontinental Exchange's current FCF Margin % is 31.37%, which is near median its own 10-year median of 30.73. 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 (STU:IC2) is currently considered Modestly Undervalued. The stock's GF Value™ is €145.99, compared to a current price of €114.70 — trading 21.4% below its estimated fair value. The current FCF Margin % is 31.37%, which is near median its 10-year median of 30.73 and 3385.6% above the Capital Markets industry median of 0.90. Intercontinental Exchange's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Intercontinental Exchange (STU:IC2), the current FCF Margin % is 31.37% 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 (STU:IC2) Overvalued in 2026?
Based on GuruFocus' analysis, Intercontinental Exchange stock appears to be undervalued.
The current stock price of €114.70 is trading 21.4% below its estimated GF Value™ of €145.99.
GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.
Key valuation signals for STU:IC2:
FCF Margin %: 31.37% (near median its 10-year median of 30.73)
GF Value™: €145.99 vs. price of €114.70 (21.4% below fair value)
Industry Position: 3385.6% above the Capital Markets median (#197 of 771)
No single metric tells the full story. See the STU:IC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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).
86GF Score
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