CME vs ICE

CME Group and Intercontinental Exchange, both Financial Services

CME Group is the larger company at $89B against $76B. On trailing earnings ICE is the cheaper of the two at a P/E of 22.9 against 23.8, a gap that is only a bargain if the two are growing at similar rates. Over the past year CME returned +3.8% against -13% for ICE. Ryufin's sector-relative Smart Score puts CME ahead, 7/10 against 5/10.

CME Group and Intercontinental Exchangecompared on valuation, return and Ryufin’s Smart Score
FigureCMEICE
Last close$281$162
Market cap$89B$76B
Trailing P/Elower is cheaper for the same earnings, not automatically better23.822.9
Dividend yield1.8%1.2%
1-year return+3.8%-13%
5-year return+63%+44%
Ryufin Smart Scoresector-relative, 1–107/105/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

CME Group

Revenue of $1.7B in Q2 2026, net income $1.0B. Its largest reported line is Clearingandtransactionfees, 79% of the disclosed total.

Intercontinental Exchange

Revenue of $3.6B in Q2 2026, net income $958M. Its largest reported line is Energy Futures And Options, 22% of the disclosed total.

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