Intercontinental Exchange Inc

Intercontinental Exchange Inc

ICE

Market Cap$91.14B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Intercontinental Exchange IncIntercontinental Exchange Inc331.15%10%7.80.8

Earnings Call Q4 2024

February 6, 2025 - AI Summary

Record Financial Performance: ICE reported full-year adjusted earnings per share of $6.07, an 8% increase year-over-year. Net revenues reached a record $9.3 billion, up 6% when pro forma adjustments for the Black Knight acquisition are considered. This strong performance reflects efficient operations and increasing trading volumes across various segments.
Positive Cash Flow and Shareholder Returns: The company generated a record $3.6 billion in free cash flow and returned $1 billion to shareholders through dividends. ICE intends to begin share repurchases in Q1 2025, having reduced leverage from 4.3 times EBITDA at the time of the Black Knight acquisition to under 3.3 times currently, with a target of approximately 3 times EBITDA expected later in the year.
Growth in Exchange Segment: The Exchange segment contributed significantly with net revenues of $1.2 billion in Q4 2024, a 9% year-over-year increase. Transaction revenues saw a 13% rise, driven by demand in Interest Rates (up 38%) and Global Energy (up 16%), indicating robust trading activity and market confidence.

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$113.73

Current Fair Value

26.6% downside

Overvalued by 26.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$91.14 Billion
Enterprise Value$111.23 Billion
Dividend Yield$1.83 (1.1535552193646%)
Earnings per Share$4.81
Beta1.1
Outstanding Shares573,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio33.01
PEG37.88
Price to Sales7.75
Price to Book Ratio3.23
Enterprise Value to Revenue9.51
Enterprise Value to EBIT31.82
Enterprise Value to Net Income40
Total Debt to Enterprise0.19
Debt to Equity0.76

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Intercontinental Exchange Inc

CEO: Jeffrey Sprecher