Intercontinental ExchangeLTS:0JC3 -1.05%82 ROE % is 19.36% as of Mar. 2026, which is 71% above its 10-year median of 11.30. GuruFocus rates LTS:0JC3 with a GF Score™ of 82/100 and a GF Value™ of $167.10 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 794 Capital Markets companies, Intercontinental Exchange ranks better than 70.65% on this metric.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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.
For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Intercontinental Exchange's ROE % distribution charts can be found below:
* The bar in red indicates where Intercontinental Exchange's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Intercontinental Exchange (LTS:0JC3) has a ROE % of 19.36% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Intercontinental Exchange and its competitors. This is 71% above median its historical median of 11.30. Over the past decade, Intercontinental Exchange's ROE % has ranged from 6.37 to 19.23. According to the industry distribution chart, Intercontinental Exchange ranks #233 out of 794 companies in the Capital Markets industry, placing it in the top 29.3%.
Is Intercontinental Exchange's ROE % too high?
Intercontinental Exchange's current ROE % of 19.36% is 71% above median its 10-year median of 11.30. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 19.23. The Capital Markets industry median ROE % is 6.01. Intercontinental Exchange's value of 19.36% is 222.4% above this industry median. Based on the distribution chart, Intercontinental Exchange ranks #233 out of 794 companies in the Capital Markets industry, which is above 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 ROE % compare to MCO and CME?
According to the Capital Markets industry distribution chart, Intercontinental Exchange ranks #233 out of 794 companies for ROE %. This puts Intercontinental Exchange in the upper half of its industry. The industry median ROE % is 6.01. Intercontinental Exchange's value of 19.36% is 222.4% above this benchmark. Historically, Intercontinental Exchange's own ROE % has ranged from 6.37 to 19.23 over the past decade. While the company's 10-year median is 11.30 vs. the industry median of 6.01, 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.01, based on 794 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Intercontinental Exchange's current ROE % of 19.36% is 222.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Intercontinental Exchange and its competitors. For the Capital Markets industry, the median ROE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercontinental Exchange's current ROE % is 19.36%, which is 71% above median its own 10-year median of 11.30. 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 $167.10, compared to a current price of $125.13 — trading 25.1% below its estimated fair value. The current ROE % is 19.36%, which is 71% above median its 10-year median of 11.30 and 222.4% above the Capital Markets industry median of 6.01. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Intercontinental Exchange (LTS:0JC3), the current ROE % is 19.36% 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 $125.13 is trading 25.1% below its estimated GF Value™ of $167.10.
GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.
Key valuation signals for LTS:0JC3:
ROE %: 19.36% (71% above median its 10-year median of 11.30)
GF Value™: $167.10 vs. price of $125.13 (25.1% below fair value)
Industry Position: 222.4% above the Capital Markets median (#233 of 794)
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 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
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