ICE vs. SPGI: Intercontinental Exchange vs. S&P Global Stock Comparison
How do Intercontinental Exchange (ICE) and S&P Global (SPGI) 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 S&P Global (SPGI) 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 | SPGI |
|---|---|---|
| Name | Intercontinental Exchange, Inc. | S&P Global 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 | 135.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 16, 2005 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ICE | SPGI |
|---|---|---|
| Total Return (1Y) | 18.71% | 1.66% |
| Total Return (3Y, Annualized) | 18.62% | 9.75% |
| Total Return (5Y, Annualized) | 6.59% | 2.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ICE | SPGI |
|---|---|---|
| Volatility (1Y, Annualized) | 25.87% | 31.02% |
| Beta (5Y) | 0.82 | 1.02 |
| Max Drawdown (5Y) | -33.97% | -39.76% |
| Avg. Volume (3M) | 3.09M | 1.86M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ICE | SPGI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | -0.08 |
| Sortino Ratio (1Y) | 0.80 | -0.11 |
Profitability
ROE (TTM)
Both Intercontinental Exchange (ICE) at 14.40% and S&P Global (SPGI) at 17.88% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
SPGI
Financial Services industry group
17.88%
- Max
- 44.78%
- Q3
- 21.85%
- SPGI
- 17.88%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
For every dollar of sales, both Intercontinental Exchange (ICE) at 38.14% and S&P Global (SPGI) at 30.60% 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%
SPGI
Financial Services industry group
30.60%
- Max
- 62.84%
- SPGI
- 30.60%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Intercontinental Exchange (ICE) at 52.77% and S&P Global (SPGI) at 48.21% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
SPGI
Financial Services industry group
48.21%
- Max
- 107.33%
- Q3
- 55.90%
- SPGI
- 48.21%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | ICE | SPGI |
|---|---|---|
| ROE (TTM) | 14.40% | 17.88% |
| ROA (TTM) | 2.28% | 8.33% |
| Net Margin (TTM) | 38.14% | 30.60% |
| Operating Margin (TTM) | 52.77% | 48.21% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Intercontinental Exchange (ICE) at 7.47% and S&P Global (SPGI) at 7.94% 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 S&P Global (SPGI) at 18.70% 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 | SPGI |
|---|---|---|
| Revenue Growth (YoY) | 7.47% | 7.94% |
| Revenue Growth (3Y CAGR) | 9.47% | 11.11% |
| EPS Growth (YoY) | 20.71% | 18.70% |
| EPS Growth (3Y CAGR) | 30.77% | 12.85% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Intercontinental Exchange (ICE) in Financial Services and S&P Global (SPGI) 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 S&P Global (SPGI) 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 | SPGI |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Intercontinental Exchange (ICE) at 1.17% and S&P Global (SPGI) at 0.82% 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%
SPGI
Financial Services industry group
0.82%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- SPGI
- 0.82%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Intercontinental Exchange (ICE) at 27.79% and S&P Global (SPGI) at 22.06% 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%
SPGI
Financial Services industry group
22.06%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- SPGI
- 22.06%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ICE | SPGI |
|---|---|---|
| Dividend Yield (TTM) | 1.17% | 0.82% |
| Dividend Payout Ratio (TTM) | 27.79% | 22.06% |
Valuation
P/E Ratio (TTM)
Intercontinental Exchange (ICE) at 23.47 is near its industry’s usual P/E ratio, while S&P Global (SPGI) at 27.95 sits in the richer quartile — SPGI 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
SPGI
Financial Services industry group
27.95
- Max
- 45.85
- SPGI
- 27.95
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Both Intercontinental Exchange (ICE) at 8.82 and S&P Global (SPGI) at 8.32 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
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
SPGI
Financial Services industry group
8.32
- Max
- 9.23
- SPGI
- 8.32
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Intercontinental Exchange (ICE) at 3.22 is valued about in line with its industry on P/B ratio, while S&P Global (SPGI) at 6.88 carries an above-peer premium to book — SPGI is pricier on assets.
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
SPGI
Financial Services industry group
6.88
- Max
- 7.79
- SPGI
- 6.88
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | ICE | SPGI |
|---|---|---|
| P/E Ratio (TTM) | 23.47 | 27.95 |
| P/S Ratio (TTM) | 8.82 | 8.32 |
| P/B Ratio (MRQ) | 3.22 | 6.88 |
| Free Cash Flow Yield (TTM) | -- | -- |