Apollo Global Management, Inc. (APO) vs Intercontinental Exchange, Inc. (ICE)

APO leads on 12 of 17 compared metrics, though ICE is the cheaper stock.

A side-by-side comparison of Apollo Global Management, Inc. and Intercontinental Exchange, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — APO vs ICE

growth of $100 · last 15y
APO +635.6%ICE +462.3%APO compounded faster
02004006008001kStart $10020142017202020232026$736$562
APO ICE

APO vs ICE: by the numbers

  • ICE is the larger company ($79.47B vs $77.18B market cap).
  • ICE trades at the lower earnings multiple (20.46 vs 40.08 P/E).
  • ICE converts more revenue to profit (29.98% vs 7.24% net margin).
  • APO grew revenue faster over the past five years (37.15% vs 8.85% CAGR).
  • APO pays the higher dividend yield (1.56% vs 1.05%).

Which is better, APO or ICE?

Metric tally: APO 12 · ICE 5

It depends on what you're optimizing for:

ValueICE(lower P/E)
GrowthAPO(faster 5Y revenue CAGR)
IncomeAPO(higher dividend yield)
QualityAPO(higher ROIC)

Valuation

MetricAPOICE
P/E ratio40.0820.46
Forward P/E14.9915.96
P/S ratio2.686.13
P/B ratio3.992.71
PEG ratio0.531.34
EV / EBITDA7.5915.01
FCF yield7.54%5.69%

Profitability

MetricAPOICE
Gross margin89.33%68.98%
Operating margin31.05%40.84%
Net margin7.24%29.98%
ROE10.78%13.26%
ROIC7.24%7.03%

Dividends

MetricAPOICE
Dividend yield1.56%1.05%
Payout ratio28.63%25.52%

Growth (annualized)

MetricAPOICE
Revenue CAGR (5Y)37.15%8.85%
EPS CAGR (5Y)75.44%8.88%
FCF CAGR (5Y)25.89%11.64%
Total return CAGR (5Y)20.73%5.87%

Frequently asked

Which is better, APO or ICE?
It depends on your goal. value: ICE (lower P/E); growth: APO (faster 5Y revenue CAGR); income: APO (higher dividend yield); quality: APO (higher ROIC). Across all compared metrics, APO leads 12 to 5.
Is APO or ICE cheaper?
On trailing earnings, ICE is cheaper: APO trades at a 40.08 P/E and ICE at 20.46.
Which has grown faster, APO or ICE?
Over the past five years, APO grew revenue faster — APO at a 37.15% CAGR versus ICE at 8.85%.
Does APO or ICE pay a bigger dividend?
APO yields 1.56% and ICE yields 1.05% based on trailing dividends and the latest price.
Is APO or ICE more profitable?
ICE runs the higher net margin — APO at 7.24% versus ICE at 29.98%.
Which has been the better investment, APO or ICE?
Over the past 10-year, APO delivered the higher annualized total return — APO at 28.66% versus ICE at 11.81%. Past performance doesn't predict future results.

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 14, 2026.