Which has the lower trailing P/E, ICE or MRSH?

ICE has the lower trailing P/E: ICE trades at 21.54 and MRSH at 23.19. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ICE or MRSH?

Over the past five years, ICE grew revenue faster — ICE at a 9.00% CAGR versus MRSH at 8.62%.

Does ICE or MRSH pay a bigger dividend?

ICE yields 1.31% and MRSH yields 1.90% based on trailing dividends and the latest price.

Is ICE or MRSH more profitable?

ICE runs the higher net margin — ICE at 30.00% versus MRSH at 14.24%.

How have ICE and MRSH total returns compared?

Over the past 10 years, ICE delivered 12.60% and MRSH delivered 13.06% annualized total return. Past performance doesn't predict future results.

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

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 August 1, 2026. Differences are shown without an overall score or investment verdict.

ICE

Intercontinental Exchange, Inc.

$85.60B

$152.48Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET

MRSH

Marsh & McLennan Companies, Inc.

$90.52B

$189.69Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET

Total return — ICE vs MRSH

growth of $100 · dividends reinvested · last 21y

ICE +2185.3%MRSH +949.3%ICE compounded faster

ICE MRSH

ICE vs MRSH: by the numbers

•MRSH is the larger company ($90.52B vs $85.60B market cap).
•ICE trades at the lower trailing earnings multiple (21.54 vs 23.19 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).
•MRSH pays the higher dividend yield (1.90% vs 1.31%).

Metrics side by side

Valuation

Metric	ICE	MRSH
P/E ratio	21.54	23.19
Forward P/E	18.99	18.16
P/S ratio	6.43	3.29
P/B ratio	2.92	6.05
PEG ratio	1.34	7.85

Profitability

Metric	ICE	MRSH
Gross margin	61.88%	42.38%
Operating margin	40.48%	21.62%
Net margin	30.00%	14.24%
ROE	13.61%	26.21%
ROIC	7.03%	12.12%

Dividends

Metric	ICE	MRSH
Dividend yield	1.31%	1.90%
Payout ratio	34.48%	42.45%

Growth (annualized)

Metric	ICE	MRSH
Revenue CAGR (5Y)	9.00%	8.62%
EPS CAGR (5Y)	8.88%	16.34%
Total return CAGR (5Y)	6.31%	6.84%

Frequently asked

Which has the lower trailing P/E, ICE or MRSH?: ICE has the lower trailing P/E: ICE trades at 21.54 and MRSH at 23.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ICE or MRSH?: Over the past five years, ICE grew revenue faster — ICE at a 9.00% CAGR versus MRSH at 8.62%.
Does ICE or MRSH pay a bigger dividend?: ICE yields 1.31% and MRSH yields 1.90% based on trailing dividends and the latest price.
Is ICE or MRSH more profitable?: ICE runs the higher net margin — ICE at 30.00% versus MRSH at 14.24%.
How have ICE and MRSH total returns compared?: Over the past 10 years, ICE delivered 12.60% and MRSH delivered 13.06% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ICE analysis Full MRSH analysis Interactive comparison tool

Dig into the metrics

Intercontinental Exchange P/E ratio Marsh & McLennan Companies P/E ratio Intercontinental Exchange dividend yield Marsh & McLennan Companies dividend yield Intercontinental Exchange ROE Marsh & McLennan Companies ROE Intercontinental Exchange operating margin Marsh & McLennan Companies operating margin Intercontinental Exchange revenue growth Marsh & McLennan Companies revenue growth Intercontinental Exchange free cash flow Marsh & McLennan Companies free cash flow

Intercontinental Exchange & Marsh & McLennan Companies appear in these rankings

Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Highest 10-Year Total Return 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 August 1, 2026.