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 22.1 against 27.3, a gap that is only a bargain if the two are growing at similar rates. Over the past year NDAQ returned +6.4% against -7.8% for ICE. The RyuScore puts ICE ahead, 64 against 59 out of 100.

Intercontinental Exchange and Nasdaq, Inc. compared on valuation, return and the RyuScore
FigureICENDAQ
Last close$156$93.66
Market cap$76B$47B
Trailing P/Elower is cheaper for the same earnings, not automatically better22.127.3
Dividend yield1.2%1.1%
1-year return-7.8%+6.4%
5-year return+41%+54%
RyuScoresector-relative, 1–1064/10059/100

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 Cash Equityand Equity Options, 30% of the disclosed total.

Nasdaq, Inc.

Revenue of $2.5B in Q2 2026, net income $507M. Its largest reported line is Market Services, 54% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or see the correlation.