Aon plc (AON) vs Intercontinental Exchange, Inc. (ICE)
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 July 28, 2026. Differences are shown without an overall score or investment verdict.
AON
Aon plc
$381.26Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
ICE
Intercontinental Exchange, Inc.
$152.72Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AON vs ICE
growth of $100 · dividends reinvested · last 21yAON +1245.3%ICE +2182.3%ICE compounded faster
AON ICE
AON vs ICE: by the numbers
- •ICE is the larger company ($86.37B vs $81.43B market cap).
- •AON trades at the lower trailing earnings multiple (20.15 vs 21.65 P/E), one valuation lens rather than an overall verdict.
- •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 (1.34% vs 0.83%).
Metrics side by side
Valuation
| Metric | AON | ICE |
|---|---|---|
| P/E ratio | 20.15 | 21.65 |
| Forward P/E | 19.20 | 18.54 |
| P/S ratio | 4.52 | 6.48 |
| P/B ratio | 8.04 | 2.87 |
| PEG ratio | 0.56 | 1.34 |
Profitability
| Metric | AON | ICE |
|---|---|---|
| Gross margin | 47.70% | 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 | 0.83% | 1.34% |
| Payout ratio | 17.83% | 34.48% |
Growth (annualized)
| Metric | AON | ICE |
|---|---|---|
| Revenue CAGR (5Y) | 8.99% | 8.85% |
| EPS CAGR (5Y) | 15.07% | 8.88% |
| Total return CAGR (5Y) | 8.41% | 6.02% |
Frequently asked
- Which has the lower trailing P/E, AON or ICE?
- AON has the lower trailing P/E: AON trades at 20.15 and ICE at 21.65. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 0.83% and ICE yields 1.34% 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%.
- How have AON and ICE total returns compared?
- Over the past 10 years, AON delivered 14.11% and ICE delivered 12.55% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Aon P/E ratioIntercontinental Exchange P/E ratioAon dividend yieldIntercontinental Exchange dividend yieldAon ROEIntercontinental Exchange ROEAon operating marginIntercontinental Exchange operating marginAon revenue growthIntercontinental Exchange revenue growthAon free cash flowIntercontinental Exchange free cash flow
Aon & Intercontinental Exchange appear in these rankings
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 July 28, 2026.