ICE vs NDAQ
Intercontinental Exchange and Nasdaq, Inc., both Financial Services
Intercontinental Exchange is the larger company at $76B against $47B. On trailing earnings ICE is the cheaper of the two at a P/E of 22.9 against 29.0, a gap that is only a bargain if the two are growing at similar rates. Over the past year NDAQ returned +4.3% against -13% for ICE. Ryufin's sector-relative Smart Score puts ICE ahead, 5/10 against 4/10.
| Figure | ICE | NDAQ |
|---|---|---|
| Last close | $162 | $99.45 |
| Market cap | $76B | $47B |
| Trailing P/Elower is cheaper for the same earnings, not automatically better | 22.9 | 29.0 |
| Dividend yield | 1.2% | 1.1% |
| 1-year return | -13% | +4.3% |
| 5-year return | +44% | +71% |
| Ryufin Smart Scoresector-relative, 1–10 | 5/10 | 4/10 |
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.
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.
Nasdaq, Inc.
Revenue of $2.5B in Q2 2026, net income $507M. Its largest reported line is Market Services, 49% of the disclosed total.
Open these two in the interactive comparison to add more names, change the period or read the correlation.