ICE vs MCO
Intercontinental Exchange (ICE) and Moody's (MCO) compared side by side. Intercontinental Exchange (ICE) is larger, with a market cap of $91.4B versus $83.4B for Moody's, about 1.1 times the size. On trailing earnings, ICE is cheaper at 23.0x versus 28.9x for MCO.
Head to head
| Metric | ICE | MCO |
|---|---|---|
| Market cap | $91.4B | $83.4B |
| P/E (TTM) | 23.0x | 28.9x |
| Forward P/E | 18.3x | 25.9x |
| Revenue (TTM) | $10.6B | $8.2B |
| Revenue growth | 4.8% | 0.8% |
| Gross margin | 100.0% | 74.6% |
| Operating margin | 52.6% | 46.3% |
| Free cash flow | $4.6B | $3.0B |
| Dividend yield | 1.28% | 0.85% |
| 1-year return | +4.7% | +1.7% |
| 5-year return (annual) | +5.7% | +5.7% |
| Max drawdown | -74% | -79% |
| FI Handbook grade | C+ | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
ICE vs MCO FAQ
Which is bigger, ICE or MCO?
Intercontinental Exchange (ICE) is larger, with a market cap of $91.4B versus $83.4B for Moody's, about 1.1 times the size.
Is ICE or MCO cheaper?
On trailing earnings, ICE is cheaper at 23.0x versus 28.9x for MCO. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, ICE or MCO?
ICE returned +4.7% over the past year including dividends, versus +1.7% for MCO, through October 23, 2026.
Which pays a higher dividend, ICE or MCO?
ICE yields 1.28% versus 0.85% for MCO.
Full pages: Intercontinental Exchange · Moody's