Intercontinental Exchange, Inc. (ICE) vs Marsh & McLennan Companies, Inc. (MMC)

MMC leads on 7 of 13 compared metrics.

A side-by-side comparison of Intercontinental Exchange, Inc. and Marsh & McLennan Companies, 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 — ICE vs MMC

growth of $100 · last 20y
ICE +2052.9%MMC +491.4%ICE compounded faster
05001k2k2k3kStart $10020092013201720212025$2,153$591
ICE MMC

ICE vs MMC: by the numbers

  • MMC is the larger company ($89.82B vs $79.47B market cap).
  • MMC trades at the lower earnings multiple (20.30 vs 20.46 P/E).
  • ICE converts more revenue to profit (29.98% vs 14.26% net margin).
  • MMC grew revenue faster over the past five years (9.28% vs 8.85% CAGR).
  • MMC pays the higher dividend yield (2.10% vs 1.05%).

Which is better, ICE or MMC?

Metric tally: ICE 6 · MMC 7

It depends on what you're optimizing for:

GrowthMMC(faster 5Y revenue CAGR)
IncomeMMC(higher dividend yield)
QualityMMC(higher ROIC)

Valuation

MetricICEMMC
P/E ratio20.4620.30
Forward P/E15.9616.60
P/S ratio6.133.11
P/B ratio2.715.48
PEG ratio1.347.85

Profitability

MetricICEMMC
Gross margin68.98%20.12%
Operating margin40.84%21.70%
Net margin29.98%14.26%
ROE13.26%26.51%
ROIC7.03%12.12%

Dividends

MetricICEMMC
Dividend yield1.05%2.10%
Payout ratio25.52%42.45%

Growth (annualized)

MetricICEMMC
Revenue CAGR (5Y)8.85%9.28%
EPS CAGR (5Y)8.88%16.34%
Total return CAGR (5Y)5.87%10.12%

Frequently asked

Which is better, ICE or MMC?
It depends on your goal. growth: MMC (faster 5Y revenue CAGR); income: MMC (higher dividend yield); quality: MMC (higher ROIC). Across all compared metrics, MMC leads 7 to 6.
Is ICE or MMC cheaper?
On trailing earnings, MMC is cheaper: ICE trades at a 20.46 P/E and MMC at 20.30.
Which has grown faster, ICE or MMC?
Over the past five years, MMC grew revenue faster — ICE at a 8.85% CAGR versus MMC at 9.28%.
Does ICE or MMC pay a bigger dividend?
ICE yields 1.05% and MMC yields 2.10% based on trailing dividends and the latest price.
Is ICE or MMC more profitable?
ICE runs the higher net margin — ICE at 29.98% versus MMC at 14.26%.
Which has been the better investment, ICE or MMC?
Over the past 10-year, MMC delivered the higher annualized total return — ICE at 11.81% versus MMC at 13.86%. 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.