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

MRSH has the lower trailing P/E: ICE trades at 22.16 and MRSH at 21.98. 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 1.27% and MRSH yields 2.09% 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%.

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

ICE

Intercontinental Exchange, Inc.

$88.08B

$156.90Financial ServicesDelayed quote: Sep 15, 2026, 4:00 PM EDT

MRSH

Marsh & McLennan Companies, Inc.

$85.78B

$179.76Financial ServicesDelayed quote: Sep 15, 2026, 4:00 PM EDT

Total return — ICE vs MRSH

growth of $100 · dividends reinvested · last 10y

ICE +218.6% (+12.3%/yr)MRSH +207.0% (+11.9%/yr)ICE compounded faster over this window

ICE MRSH

ICE vs MRSH: by the numbers

•ICE is the larger company ($88.08B vs $85.78B market cap).
•MRSH trades at the lower trailing earnings multiple (21.98 vs 22.16 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 (2.09% vs 1.27%).

Metrics side by side

Valuation

Metric	ICE	MRSH
P/E ratio	22.16	21.98
Forward P/E	19.38	17.21
P/S ratio	6.56	3.07
P/B ratio	2.98	5.65

Profitability

Metric	ICE	MRSH
Gross margin	61.88%	42.38%
Operating margin	44.92%	21.62%
Net margin	30.00%	14.24%
ROE	13.63%	26.21%

Dividends

Metric	ICE	MRSH
Dividend yield	1.27%	2.09%
Payout ratio	28.25%	45.11%

Growth (annualized)

Metric	ICE	MRSH
Revenue CAGR (5Y)	9.00%	8.62%
EPS CAGR (5Y)	8.88%	16.34%
Total return CAGR (5Y)	7.17%	3.56%

Frequently asked

Which has the lower trailing P/E, ICE or MRSH?: MRSH has the lower trailing P/E: ICE trades at 22.16 and MRSH at 21.98. 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 1.27% and MRSH yields 2.09% 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%.

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 & Marsh & McLennan Companies appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield 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 September 13, 2026.