CME vs ICE
CME (CME) and Intercontinental Exchange (ICE) compared side by side. CME (CME) is larger, with a market cap of $109.4B versus $91.4B for Intercontinental Exchange, about 1.2 times the size. On trailing earnings, ICE is cheaper at 23.0x versus 25.1x for CME.
Head to head
| Metric | CME | ICE |
|---|---|---|
| Market cap | $109.4B | $91.4B |
| P/E (TTM) | 25.1x | 23.0x |
| Forward P/E | 23.1x | 18.3x |
| Revenue (TTM) | $7.0B | $10.6B |
| Revenue growth | 13.0% | 4.8% |
| Gross margin | 100.0% | 100.0% |
| Operating margin | 65.9% | 52.6% |
| Free cash flow | $4.2B | $4.6B |
| Dividend yield | 1.70% | 1.28% |
| 1-year return | +18.1% | +4.7% |
| 5-year return (annual) | +11.6% | +5.7% |
| Max drawdown | -77% | -74% |
| FI Handbook grade | B- | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
CME vs ICE FAQ
Which is bigger, CME or ICE?
CME (CME) is larger, with a market cap of $109.4B versus $91.4B for Intercontinental Exchange, about 1.2 times the size.
Is CME or ICE cheaper?
On trailing earnings, ICE is cheaper at 23.0x versus 25.1x for CME. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, CME or ICE?
CME returned +18.1% over the past year including dividends, versus +4.7% for ICE, through October 23, 2026.
Which pays a higher dividend, CME or ICE?
CME yields 1.70% versus 1.28% for ICE.
Full pages: CME · Intercontinental Exchange