ICE vs SPGI
Intercontinental Exchange (ICE) and S&P Global (SPGI) compared side by side. S&P Global (SPGI) is larger, with a market cap of $132.8B versus $91.4B for Intercontinental Exchange, about 1.5 times the size. On trailing earnings, ICE is cheaper at 23.0x versus 27.4x for SPGI.
Head to head
| Metric | ICE | SPGI |
|---|---|---|
| Market cap | $91.4B | $132.8B |
| P/E (TTM) | 23.0x | 27.4x |
| Forward P/E | 18.3x | 22.3x |
| Revenue (TTM) | $10.6B | $16.1B |
| Revenue growth | 4.8% | 10.4% |
| Gross margin | 100.0% | 70.9% |
| Operating margin | 52.6% | 44.8% |
| Free cash flow | $4.6B | $5.6B |
| Dividend yield | 1.28% | 0.86% |
| 1-year return | +4.7% | -0.5% |
| 5-year return (annual) | +5.7% | +2.0% |
| Max drawdown | -74% | -75% |
| 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 SPGI FAQ
Which is bigger, ICE or SPGI?
S&P Global (SPGI) is larger, with a market cap of $132.8B versus $91.4B for Intercontinental Exchange, about 1.5 times the size.
Is ICE or SPGI cheaper?
On trailing earnings, ICE is cheaper at 23.0x versus 27.4x for SPGI. 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 SPGI?
ICE returned +4.7% over the past year including dividends, versus -0.5% for SPGI, through October 23, 2026.
Which pays a higher dividend, ICE or SPGI?
ICE yields 1.28% versus 0.86% for SPGI.
Full pages: Intercontinental Exchange · S&P Global