Intercontinental Exchange, Inc. (ICE) vs Marsh & McLennan Companies, Inc. (MMC)
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 September 8, 2026. Differences are shown without an overall score or investment verdict.
ICE
Intercontinental Exchange, Inc.
$158.35Financial ServicesDelayed quote: Sep 8, 2026, 11:45 AM EDT
MMC
Marsh & McLennan Companies, Inc.
$171.14Financial ServicesAt close: Feb 9, 2026 (market close, ET)
Total return — ICE vs MMC
growth of $100 · dividends reinvested · last 10yICE +316.0% (+15.3%/yr)MMC +264.6% (+13.8%/yr)ICE compounded faster over this window
ICE MMC
ICE vs MMC: by the numbers
- •MMC is the larger company ($89.82B vs $88.90B market cap).
- •MMC trades at the lower trailing earnings multiple (20.30 vs 22.78 P/E), one valuation lens rather than an overall verdict.
- •ICE converts more revenue to profit (30.00% vs 14.24% net margin).
- •ICE grew revenue faster over the past five years (9.00% vs 8.62% CAGR).
- •MMC pays the higher dividend yield (2.16% vs 1.24%).
Metrics side by side
Valuation
| Metric | ICE | MMC |
|---|---|---|
| P/E ratio | 22.78 | 20.30 |
| Forward P/E | 19.89 | 16.60 |
| P/S ratio | 6.80 | 3.11 |
| P/B ratio | 3.09 | 5.48 |
Profitability
| Metric | ICE | MMC |
|---|---|---|
| Gross margin | 61.88% | 100.00% |
| Operating margin | 44.92% | 21.62% |
| Net margin | 30.00% | 14.24% |
| ROE | 13.63% | 25.79% |
Dividends
| Metric | ICE | MMC |
|---|---|---|
| Dividend yield | 1.24% | 2.16% |
| Payout ratio | 28.25% | 45.11% |
Growth (annualized)
| Metric | ICE | MMC |
|---|---|---|
| Revenue CAGR (5Y) | 9.00% | 8.62% |
| EPS CAGR (5Y) | 8.88% | 16.34% |
| Total return CAGR (5Y) | 7.28% | 10.12% |
Frequently asked
- Which has the lower trailing P/E, ICE or MMC?
- MMC has the lower trailing P/E: ICE trades at 22.78 and MMC at 20.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ICE or MMC?
- Over the past five years, ICE grew revenue faster — ICE at a 9.00% CAGR versus MMC at 8.62%.
- Does ICE or MMC pay a bigger dividend?
- ICE yields 1.24% and MMC yields 2.16% based on trailing dividends and the latest price.
- Is ICE or MMC more profitable?
- ICE runs the higher net margin — ICE at 30.00% versus MMC at 14.24%.
- How have ICE and MMC total returns compared?
- Over the past 10 years, ICE delivered 12.37% and MMC delivered 13.86% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Intercontinental Exchange P/E ratioMarsh & McLennan Companies P/E ratioIntercontinental Exchange dividend yieldMarsh & McLennan Companies dividend yieldIntercontinental Exchange ROEMarsh & McLennan Companies ROEIntercontinental Exchange operating marginMarsh & McLennan Companies operating marginIntercontinental Exchange revenue growthMarsh & McLennan Companies revenue growth
Intercontinental Exchange & Marsh & McLennan Companies 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 September 8, 2026.