Intercontinental Exchange, Inc. (ICE) is a leading global operator of regulated financial exchanges, clearing houses, and data services. Headquartered in Atlanta, Georgia, the company is best known for owning the New York Stock Exchange (NYSE) and operating major commodity and derivatives markets. ICE also provides comprehensive fixed income data, analytics, and end-to-end mortgage technology solutions.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
12,640,000
11,761,000
9,903,000
9,636,000
Cost of Sales
4,672,000
4,391,000
3,510,000
3,751,000
Gross Profit
7,968,000
7,370,000
6,393,000
5,885,000
Selling, General & Administrative Expenses
1,409,000
1,420,000
1,215,000
1,123,000
Depreciation & Amortization Expenses
1,560,000
1,537,000
1,215,000
1,031,000
Other Operating Expenses
70,000
104,000
269,000
93,000
Operating Profit
4,929,000
4,309,000
3,694,000
3,638,000
Interest and Investment Income
119,000
141,000
319,000
108,000
Interest Expense
(803,000)
(910,000)
(808,000)
(616,000)
Non-Operating Income
101,000
88,000
(311,000)
(1,322,000)
Total Non-Operating Income
(583,000)
(681,000)
(800,000)
(1,830,000)
Income Before Provision for Income Taxes
4,346,000
3,628,000
2,894,000
1,808,000
Provision for Income Taxes
976,000
826,000
456,000
310,000
Consolidated Net Income
3,370,000
2,802,000
2,438,000
1,498,000
Net Income Attributable to Minority Interests and Other
55,000
48,000
70,000
52,000
Net Income Attributable to Common Shareholders
3,315,000
2,754,000
2,368,000
1,446,000
Basic EPS
5.79
4.80
4.20
2.59
Diluted EPS
5.77
4.78
4.19
2.58
Basic Weighted Average Shares Outstanding
572,000
573,000
564,000
559,000
Diluted Weighted Average Shares Outstanding
575,000
576,000
565,000
561,000
Shares Outstanding
567,000
574,000
573,000
559,000
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
837,000
844,000
899,000
1,799,000
Total Cash and Cash Equivalents
837,000
844,000
899,000
1,799,000
Accounts Receivable
1,552,000
1,490,000
1,366,000
1,169,000
Total Trade Receivables
1,552,000
1,490,000
1,366,000
1,169,000
Other Current Assets
83,389,000
86,761,000
82,708,000
153,979,000
Total Current Assets
85,778,000
89,095,000
84,973,000
156,947,000
Net Property, Plant & Equipment
2,691,000
2,153,000
1,923,000
1,767,000
Net Intangible Assets
15,353,000
16,306,000
17,317,000
13,090,000
Goodwill
30,646,000
30,595,000
30,553,000
21,111,000
Other Long-Term Assets
2,419,000
1,279,000
1,318,000
1,423,000
Total Assets
136,887,000
139,428,000
136,084,000
194,338,000
Accounts Payable
1,078,000
1,051,000
1,003,000
866,000
Accrued Expenses
455,000
438,000
459,000
352,000
Short-Term Debt
1,035,000
3,027,000
1,954,000
4,000
Unearned Revenue
204,000
236,000
200,000
170,000
Other Current Liabilities
81,344,000
84,801,000
81,010,000
147,779,000
Total Current Liabilities
84,116,000
89,553,000
84,626,000
149,171,000
Long-Term Debt
18,609,000
17,341,000
20,659,000
18,118,000
Leases
635,000
335,000
299,000
254,000
Other Long-Term Liabilities
4,536,000
4,479,000
4,714,000
4,034,000
Total Long-Term Liabilities
23,780,000
22,155,000
25,672,000
22,406,000
Total Liabilities
107,896,000
111,708,000
110,298,000
171,577,000
Common Stock
7,000
7,000
6,000
6,000
Treasury Stock
(7,792,000)
(6,385,000)
(6,304,000)
(6,225,000)
Additional Paid-in Capital
16,643,000
16,292,000
15,953,000
14,313,000
Accumulated Other Comprehensive Income
(224,000)
(338,000)
(294,000)
(331,000)
Retained Earnings
20,281,000
18,071,000
16,356,000
14,943,000
Total Common Shareholders' Equity
28,915,000
27,647,000
25,717,000
22,706,000
Minority Interests and Other
76,000
73,000
69,000
55,000
Total Shareholders' Equity
28,991,000
27,720,000
25,786,000
22,761,000
Total Liabilities and Shareholders' Equity
136,887,000
139,428,000
136,084,000
194,338,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
3,370,000
2,802,000
2,438,000
1,498,000
Depreciation & Amortization
1,560,000
1,537,000
1,215,000
1,031,000
Share-Based Compensation Expense
238,000
231,000
257,000
155,000
Other Adjustments
(2,000)
(24,000)
20,000
747,000
Changes in Trade Receivables
(62,000)
(149,000)
(71,000)
20,000
Changes in Unearned Revenue
(44,000)
27,000
(16,000)
(27,000)
Changes in Other Operating Activities
(398,000)
185,000
(301,000)
130,000
Cash from Operating Activities
4,662,000
4,609,000
3,542,000
3,554,000
Capital Expenditure
(373,000)
(406,000)
(190,000)
(225,000)
Purchases of Intangible Assets
(418,000)
(346,000)
(299,000)
(257,000)
Purchases of Investments
(9,357,000)
(2,172,000)
(2,912,000)
(7,008,000)
Proceeds from Sale of Investments
5,904,000
2,027,000
4,802,000
8,226,000
Payments for Business Acquisitions
(19,000)
(38,000)
(10,198,000)
(59,000)
Other Investing Activities
14,000
14,000
—
—
Cash from Investing Activities
(4,249,000)
(921,000)
(8,797,000)
677,000
Issuance of Short-Term Debt
506,000
(1,424,000)
1,954,000
(1,012,000)
Net Issuance / (Repayments) of Short-Term Debt
506,000
(1,424,000)
1,954,000
(1,012,000)
Issuance of Long-Term Debt
1,234,000
739,000
2,400,000
7,891,000
Repayments of Long-Term Debt
(2,500,000)
(1,600,000)
(2,286,000)
(2,705,000)
Net Issuance / (Repayments) of Long-Term Debt
(1,266,000)
(861,000)
114,000
5,186,000
Repurchases of Common Shares
(1,294,000)
—
—
(632,000)
Net Issuance / (Repurchases) of Common Shares
(1,294,000)
—
—
(632,000)
Common Share Dividends Paid
(1,105,000)
(1,039,000)
(955,000)
(853,000)
Other Financing Activities
(3,175,000)
3,403,000
(65,458,000)
(4,530,000)
Cash from Financing Activities
(6,334,000)
79,000
(64,345,000)
(1,841,000)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
32,000
(14,000)
7,000
(23,000)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash