Intercontinental Exchange, Inc. (ICE) vs Marsh & McLennan Companies, Inc. (MRSH)
ICE 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 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
ICE
Intercontinental Exchange, Inc.
$140.10Financial Services
MRSH
Marsh & McLennan Companies, Inc.
$166.78Financial Services
Total return — ICE vs MRSH
growth of $100 · last 21yICE +1694.5%MRSH +478.9%ICE compounded faster
ICE MRSH
ICE vs MRSH: by the numbers
- •MRSH is the larger company ($80.35B vs $79.67B market cap).
- •ICE trades at the lower earnings multiple (20.39 vs 20.85 P/E).
- •ICE converts more revenue to profit (29.98% vs 14.26% net margin).
- •MRSH grew revenue faster over the past five years (9.28% vs 8.85% CAGR).
- •MRSH pays the higher dividend yield (2.16% vs 1.43%).
Which is better, ICE or MRSH?
Metric tally: ICE 7 · MRSH 6It depends on what you're optimizing for:
ValueICE(lower P/E)
GrowthMRSH(faster 5Y revenue CAGR)
IncomeMRSH(higher dividend yield)
QualityMRSH(higher ROIC)
Metrics side by side
Valuation
| Metric | ICE | MRSH |
|---|---|---|
| P/E ratio | 20.39● | 20.85 |
| Forward P/E | 15.89 | 16.03 |
| P/S ratio | 6.11 | 2.95● |
| P/B ratio | 2.70● | 5.56 |
| PEG ratio | 1.34● | 7.79 |
Profitability
| Metric | ICE | MRSH |
|---|---|---|
| Gross margin | 68.98%● | 42.37% |
| Operating margin | 40.84%● | 21.70% |
| Net margin | 29.98%● | 14.26% |
| ROE | 13.26% | 26.94%● |
| ROIC | 7.03% | 12.12%● |
Dividends
| Metric | ICE | MRSH |
|---|---|---|
| Dividend yield | 1.43% | 2.16%● |
| Payout ratio | 34.48% | 42.45% |
Growth (annualized)
| Metric | ICE | MRSH |
|---|---|---|
| Revenue CAGR (5Y) | 8.85% | 9.28%● |
| EPS CAGR (5Y) | 8.88% | 16.34%● |
| Total return CAGR (5Y) | 5.72%● | 5.19% |
Frequently asked
- Which is better, ICE or MRSH?
- It depends on your goal. value: ICE (lower P/E); growth: MRSH (faster 5Y revenue CAGR); income: MRSH (higher dividend yield); quality: MRSH (higher ROIC). Across all compared metrics, ICE leads 7 to 6.
- Is ICE or MRSH cheaper?
- On trailing earnings, ICE is cheaper: ICE trades at a 20.39 P/E and MRSH at 20.85.
- Which has grown faster, ICE or MRSH?
- Over the past five years, MRSH grew revenue faster — ICE at a 8.85% CAGR versus MRSH at 9.28%.
- Does ICE or MRSH pay a bigger dividend?
- ICE yields 1.43% and MRSH yields 2.16% based on trailing dividends and the latest price.
- Is ICE or MRSH more profitable?
- ICE runs the higher net margin — ICE at 29.98% versus MRSH at 14.26%.
- Which has been the better investment, ICE or MRSH?
- Over the past 10-year, ICE delivered the higher annualized total return — ICE at 12.05% versus MRSH at 11.57%. 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 growthIntercontinental Exchange free cash flowMarsh & McLennan Companies free cash flow
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 June 16, 2026.