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Intercontinental Exchange Gross Margin %

: 53.46% (As of Jun. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Intercontinental Exchange's Gross Profit for the three months ended in Jun. 2022 was $1,290 Mil. Intercontinental Exchange's Revenue for the three months ended in Jun. 2022 was $2,413 Mil. Therefore, Intercontinental Exchange's Gross Margin % for the quarter that ended in Jun. 2022 was 53.46%.


The historical rank and industry rank for Intercontinental Exchange's Gross Margin % or its related term are showing as below:

ICE' s Gross Margin % Range Over the Past 10 Years
Min: 52.15   Med: 55.56   Max: 78.21
Current: 55.03


During the past 13 years, the highest Gross Margin % of Intercontinental Exchange was 78.21%. The lowest was 52.15%. And the median was 55.56%.

ICE's Gross Margin % is ranked better than
55.71% of 569 companies
in the Capital Markets industry
Industry Median: 49.35 vs ICE: 55.03

Intercontinental Exchange had a gross margin of 53.46% for the quarter that ended in Jun. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Intercontinental Exchange was -0.30% per year.


Intercontinental Exchange Gross Margin % Historical Data

The historical data trend for Intercontinental Exchange's Gross Margin % 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.

* Premium members only.

Intercontinental Exchange Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.39 56.61 56.38 52.15 54.73

Intercontinental Exchange Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 55.15 55.34 55.84 55.51 53.46

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange's Gross Margin %, along with its competitors' market caps and Gross 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 Gross Margin % Distribution

For the Capital Markets industry and Financial Services sector, Intercontinental Exchange's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Intercontinental Exchange's Gross Margin % falls into.



Intercontinental Exchange Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Intercontinental Exchange's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=5018 / 9168
=(Revenue - Cost of Goods Sold) / Revenue
=(9168 - 4150) / 9168
=54.73 %

Intercontinental Exchange's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=1290 / 2413
=(Revenue - Cost of Goods Sold) / Revenue
=(2413 - 1123) / 2413
=53.46 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Intercontinental Exchange  (NYSE:ICE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Intercontinental Exchange had a gross margin of 53.46% for the quarter that ended in Jun. 2022 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Intercontinental Exchange Gross Margin % Related Terms

Thank you for viewing the detailed overview of Intercontinental Exchange's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Intercontinental Exchange Business Description

Intercontinental Exchange logo
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 55% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (18% of net revenue) and fixed-income and data services segment (27% of net revenue).
Executives
Edmonds Christopher Scott officer: Chief Development Officer INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DR ATLANTA GA 30328
Foley Douglas officer: SVP, HR & Administration INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DR ATLANTA GA 30328
Kapani Mayur officer: Chief Technology Officer INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DR ATLANTA GA 30328
Tirinnanzi Martha A director INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DR ATLANTA GA 30328
Gardiner Warren officer: Chief Financial Officer INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DR ATLANTA GA 30328
Mulhern Mark F director 410 S. WILMINGTON STREET RALEIGH NC 27601
Cooper Shantella E. director 241 RALPH MCGILL BLVD., NW ATLANTA GA 30308
Silver Caroline Louise director INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DR. ATLANTA GA 30328
Surdykowski Andrew J officer: General Counsel 5660 NEW NORTHSIDE DRIVE ATLANTA GA 30328
Martin Lynn C officer: President & COO, ICE Data Serv 5660 NEW NORTHSIDE DRIVE ATLANTA GA 30318
Namkung James W officer: Chief Accounting Officer C/O INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DRIVE, NW ATLANTA GA 30318
Bowen Sharon director 5660 NEW NORTHSIDE DRIVE ATLANTA GA 30328
Wassersug Mark officer: Chief Operating Officer 5660 NEW NORTHSIDE DRIVE ATLANTA GA 30328
Jackson Benjamin officer: President C/O INTERCONTINENTAL EXCHANGE, INC. 5660 NEW NORTHSIDE DRIVE ATLANTA GA 30328
Cairns Ann director 2000 PURCHASE STREET PURCHASE NY 10577

Intercontinental Exchange Headlines

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