ICE vs. MSCI: Intercontinental Exchange vs. MSCI Stock Comparison
How do Intercontinental Exchange (ICE) and MSCI (MSCI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Intercontinental Exchange (ICE) and MSCI (MSCI) are both classified in the Financial Exchanges & Data sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.
| Profile Item | ICE | MSCI |
|---|---|---|
| Name | Intercontinental Exchange, Inc. | MSCI Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Financial Exchanges & Data |
| Market Capitalization | 96.27 billion USD | 46.60 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 16, 2005 | November 15, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ICE | MSCI |
|---|---|---|
| Total Return (1Y) | 18.71% | 12.76% |
| Total Return (3Y, Annualized) | 18.62% | 9.86% |
| Total Return (5Y, Annualized) | 6.59% | 1.00% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ICE | MSCI |
|---|---|---|
| Volatility (1Y, Annualized) | 25.87% | 29.82% |
| Beta (5Y) | 0.82 | 1.17 |
| Max Drawdown (5Y) | -33.97% | -43.74% |
| Avg. Volume (3M) | 3.09M | 590.34K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ICE | MSCI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | 0.28 |
| Sortino Ratio (1Y) | 0.80 | 0.40 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Intercontinental Exchange (ICE) earns 14.40% on shareholders’ equity, ranked against its industry; MSCI (MSCI) has no ROE this period.
ICE
Financial Services industry group
14.40%
- Max
- 44.78%
- Q3
- 21.85%
- ICE
- 14.40%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
MSCI
Financial Services industry group
--
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
- MSCI
- --
Net Margin (TTM)
For every dollar of sales, both Intercontinental Exchange (ICE) at 38.14% and MSCI (MSCI) at 40.31% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ICE
Financial Services industry group
38.14%
- Max
- 62.84%
- ICE
- 38.14%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
MSCI
Financial Services industry group
40.31%
- Max
- 62.84%
- MSCI
- 40.31%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
MSCI (MSCI) at 56.41% operates in the top operating margin quartile, ahead of Intercontinental Exchange (ICE) at 52.77%, which runs around its industry’s norm.
ICE
Financial Services industry group
52.77%
- Max
- 107.33%
- Q3
- 55.90%
- ICE
- 52.77%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
MSCI
Financial Services industry group
56.41%
- Max
- 107.33%
- MSCI
- 56.41%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | ICE | MSCI |
|---|---|---|
| ROE (TTM) | 14.40% | -- |
| ROA (TTM) | 2.28% | 21.75% |
| Net Margin (TTM) | 38.14% | 40.31% |
| Operating Margin (TTM) | 52.77% | 56.41% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Intercontinental Exchange (ICE) at 7.47% and MSCI (MSCI) at 9.75% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Intercontinental Exchange (ICE) at 20.71% and MSCI (MSCI) at 11.67% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ICE | MSCI |
|---|---|---|
| Revenue Growth (YoY) | 7.47% | 9.75% |
| Revenue Growth (3Y CAGR) | 9.47% | 11.71% |
| EPS Growth (YoY) | 20.71% | 11.67% |
| EPS Growth (3Y CAGR) | 30.77% | 13.54% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Intercontinental Exchange (ICE) in Financial Services and MSCI (MSCI) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Intercontinental Exchange (ICE) in Financial Services and MSCI (MSCI) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | ICE | MSCI |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Intercontinental Exchange (ICE) at 1.17% and MSCI (MSCI) at 1.21% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
ICE
Financial Services industry group
1.17%
- Max
- 9.77%
- Q3
- 3.92%
- ICE
- 1.17%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
MSCI
Financial Services industry group
1.21%
- Max
- 9.77%
- Q3
- 3.92%
- MSCI
- 1.21%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Intercontinental Exchange (ICE) at 27.79% and MSCI (MSCI) at 42.04% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
ICE
Financial Services industry group
27.79%
- Max
- 241.07%
- Q3
- 97.36%
- ICE
- 27.79%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
MSCI
Financial Services industry group
42.04%
- Max
- 241.07%
- Q3
- 97.36%
- MSCI
- 42.04%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ICE | MSCI |
|---|---|---|
| Dividend Yield (TTM) | 1.17% | 1.21% |
| Dividend Payout Ratio (TTM) | 27.79% | 42.04% |
Valuation
P/E Ratio (TTM)
Intercontinental Exchange (ICE) at 23.47 is near its industry’s usual P/E ratio, while MSCI (MSCI) at 33.90 sits in the richer quartile — MSCI needs stronger growth or earnings quality to justify the premium.
ICE
Financial Services industry group
23.47
- Max
- 45.85
- Q3
- 24.64
- ICE
- 23.47
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
MSCI
Financial Services industry group
33.90
- Max
- 45.85
- MSCI
- 33.90
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Both look expensive on sales: Intercontinental Exchange (ICE) at 8.82 sits in the upper P/S ratio quartile, and MSCI (MSCI) at 13.58 prices even higher, above its industry range.
ICE
Financial Services industry group
8.82
- Max
- 9.23
- ICE
- 8.82
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
MSCI
Financial Services industry group
13.58
- MSCI
- 13.58
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
MSCI (MSCI) reports a negative P/B ratio of -15.24, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Intercontinental Exchange (ICE) reports 3.22, ranking against industry peers normally.
ICE
Financial Services industry group
3.22
- Max
- 7.79
- Q3
- 3.63
- ICE
- 3.22
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
MSCI
Financial Services industry group
-15.24
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
- MSCI
- -15.24
Valuation Metrics
| Metric | ICE | MSCI |
|---|---|---|
| P/E Ratio (TTM) | 23.47 | 33.90 |
| P/S Ratio (TTM) | 8.82 | 13.58 |
| P/B Ratio (MRQ) | 3.22 | -15.24 |
| Free Cash Flow Yield (TTM) | -- | -- |