ICE · News · 20260911N

Revenue Performance and Mix

Intercontinental Exchange, Inc. · 2026-09-11 · Importance 37 · Surprise 6

The report states that 51% of Intercontinental Exchange’s revenue is recurring, supported by data, connectivity, and benchmark businesses. It characterizes ICE’s exchanges segment as generating approximately 75% margins, indicating substantial operating profitability. The report also cites a 20-year streak of EPS growth, attributing the performance to recurring data and infrastructure activities.

Key facts

• Intercontinental Exchange has 51% recurring revenue. source
• Intercontinental Exchange has 75% margins in exchanges. source
• Intercontinental Exchange has a 20‑year EPS growth streak. source
• Valuation DCF scenarios point to $200–$240 per share for Intercontinental Exchange. source
• Intercontinental Exchange has strong free cash flow and manageable leverage. source