The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

ICE

Concerning the House

Intercontinental Exchange, Inc., together with its subsidiaries, provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Canada, Asia Pacific, and the Middle East. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The Exchanges segment operates regulated marketplace technology for the listing, trading, and clearing of an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange and equities, and corporate and exchange-traded funds, as well as data and connectivity services related to its exchanges and clearing houses. The Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics, and execution services, as well as global CDS clearing and multi-asset class data delivery technology. The Mortgage Technology segment offers a technology platform that provides customers comprehensive and digital workflow tools to address inefficiencies and mitigate risks that exist in the U.S. residential mortgage market life cycle from application through closing, servicing, and the secondary market. The company was founded in 2000 and is headquartered in Atlanta, Georgia.

United States · www.ice.com

The Long Run

FY 2013–2025 · 13 years

LineLatestCAGRTrend
Revenue$9.90B+15.3%
Operating income$4.93B+16.4%
Net income$2.37B+13.6%
Cash from ops$4.61B+16.8%
Quotation

$155.24

+3.91 (+2.6%)

52w hi$180.37
52w lo$122.91
Vol1.78M
As ofAug 13
The Verdict

Hold

Our score -0.29

Short-0.45
Medium-0.27
Long+0.00

computed 2026-08-12

By the Numbers

Intercontinental Exchange, Inc.

Financial Services · Financial Data & Stock Exchanges

Market cap$87.15B
Enterprise value$104.52B
Trailing P/E21.86x
Forward P/E17.61x
EV / EBITDA15.57x
P / S (ttm)8.25x
Profit margin38.2%
Return on equity14.1%
Revenue growth+4.8%
Earnings growth+14.2%
Debt / equity69.23
Risk Metrics
Beta vs SPX0.39
Corr SPX0.29
Annual vol21.7%
Annual ret+2.9%
Sharpe0.13
Max DD-34.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.23
Sector+0.08
Technical-0.24
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-12

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$151.82$155.42$151.22$155.241.78M
Aug 12$150.77$151.90$149.42$151.332.04M
Aug 11$150.14$151.66$149.54$151.255.12M
Aug 10$150.19$152.40$149.75$150.542.69M
Aug 7$150.00$153.32$149.91$150.303.13M