Is AON or ICE cheaper?

On trailing earnings, AON is cheaper: AON trades at a 18.40 P/E and ICE at 20.46.

Which has grown faster, AON or ICE?

Over the past five years, AON grew revenue faster — AON at a 8.99% CAGR versus ICE at 8.85%.

Does AON or ICE pay a bigger dividend?

AON yields 0.91% and ICE yields 1.05% based on trailing dividends and the latest price.

Is AON or ICE more profitable?

ICE runs the higher net margin — AON at 22.54% versus ICE at 29.98%.

Which has been the better investment, AON or ICE?

Over the past 10-year, AON delivered the higher annualized total return — AON at 12.90% versus ICE at 11.81%. Past performance doesn't predict future results.

Aon plc (AON) vs Intercontinental Exchange, Inc. (ICE)

AON and ICE are evenly matched — 8 metrics each of 16.

A side-by-side comparison of Aon plc and Intercontinental Exchange, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AON

Aon plc

$71.61B

$335.31Financial Services

ICE

Intercontinental Exchange, Inc.

$79.47B

$140.53Financial Services

Total return — AON vs ICE

growth of $100 · last 21y

AON +809.9%ICE +1690.2%ICE compounded faster

AON ICE

AON vs ICE: by the numbers

•ICE is the larger company ($79.47B vs $71.61B market cap).
•AON trades at the lower earnings multiple (18.40 vs 20.46 P/E).
•ICE converts more revenue to profit (29.98% vs 22.54% net margin).
•AON grew revenue faster over the past five years (8.99% vs 8.85% CAGR).
•ICE pays the higher dividend yield (1.05% vs 0.91%).

Which is better, AON or ICE?

Metric tally: AON 8 · ICE 8

It depends on what you're optimizing for:

ValueAON(lower P/E)

IncomeICE(higher dividend yield)

QualityAON(higher ROIC)

Valuation

Metric	AON	ICE
P/E ratio	18.40●	20.46
Forward P/E	17.51	15.96●
P/S ratio	4.13●	6.13
P/B ratio	7.34	2.71●
PEG ratio	0.56●	1.34
EV / EBITDA	12.76●	15.01
FCF yield	4.84%	5.69%●

Profitability

Metric	AON	ICE
Gross margin	65.98%	68.98%●
Operating margin	27.56%	40.84%●
Net margin	22.54%	29.98%●
ROE	40.09%●	13.26%
ROIC	12.16%●	7.03%

Dividends

Metric	AON	ICE
Dividend yield	0.91%	1.05%●
Payout ratio	17.83%	25.52%

Growth (annualized)

Metric	AON	ICE
Revenue CAGR (5Y)	8.99%	8.85%
EPS CAGR (5Y)	15.07%●	8.88%
FCF CAGR (5Y)	3.85%	11.64%●
Total return CAGR (5Y)	6.89%●	5.87%

Frequently asked

Which is better, AON or ICE?: It depends on your goal. value: AON (lower P/E); income: ICE (higher dividend yield); quality: AON (higher ROIC). Across all compared metrics, they are evenly matched.
Is AON or ICE cheaper?: On trailing earnings, AON is cheaper: AON trades at a 18.40 P/E and ICE at 20.46.
Which has grown faster, AON or ICE?: Over the past five years, AON grew revenue faster — AON at a 8.99% CAGR versus ICE at 8.85%.
Does AON or ICE pay a bigger dividend?: AON yields 0.91% and ICE yields 1.05% based on trailing dividends and the latest price.
Is AON or ICE more profitable?: ICE runs the higher net margin — AON at 22.54% versus ICE at 29.98%.
Which has been the better investment, AON or ICE?: Over the past 10-year, AON delivered the higher annualized total return — AON at 12.90% versus ICE at 11.81%. Past performance doesn't predict future results.

Go deeper

Full AON analysis Full ICE analysis Interactive comparison tool

Dig into the metrics

Aon P/E ratio Intercontinental Exchange P/E ratio Aon dividend yield Intercontinental Exchange dividend yield Aon ROE Intercontinental Exchange ROE Aon operating margin Intercontinental Exchange operating margin Aon revenue growth Intercontinental Exchange revenue growth Aon free cash flow Intercontinental Exchange free cash flow

Aon & Intercontinental Exchange appear in these rankings

Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.