Is ICE or TRNO cheaper?

On trailing earnings, TRNO is cheaper: ICE trades at a 20.46 P/E and TRNO at 16.49.

Which has grown faster, ICE or TRNO?

Over the past five years, TRNO grew revenue faster — ICE at a 8.85% CAGR versus TRNO at 20.57%.

Does ICE or TRNO pay a bigger dividend?

ICE yields 1.05% and TRNO yields 3.05% based on trailing dividends and the latest price.

Is ICE or TRNO more profitable?

TRNO runs the higher net margin — ICE at 29.98% versus TRNO at 86.52%.

Which has been the better investment, ICE or TRNO?

Over the past 10-year, TRNO delivered the higher annualized total return — ICE at 11.81% versus TRNO at 13.47%. Past performance doesn't predict future results.

Intercontinental Exchange, Inc. (ICE) vs Terreno Realty Corporation (TRNO)

TRNO leads on 9 of 16 compared metrics.

A side-by-side comparison of Intercontinental Exchange, Inc. and Terreno Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ICE

Intercontinental Exchange, Inc.

$79.47B

$140.53Financial Services

TRNO

Terreno Realty Corporation

$7.15B

$67.27Real Estate

Total return — ICE vs TRNO

growth of $100 · last 16y

ICE +634.2%TRNO +260.7%ICE compounded faster

ICE TRNO

ICE vs TRNO: by the numbers

•ICE is the larger company ($79.47B vs $7.15B market cap).
•TRNO trades at the lower earnings multiple (16.49 vs 20.46 P/E).
•TRNO converts more revenue to profit (86.52% vs 29.98% net margin).
•TRNO grew revenue faster over the past five years (20.57% vs 8.85% CAGR).
•TRNO pays the higher dividend yield (3.05% vs 1.05%).

Which is better, ICE or TRNO?

Metric tally: ICE 7 · TRNO 9

It depends on what you're optimizing for:

ValueTRNO(lower P/E)

GrowthTRNO(faster 5Y revenue CAGR)

IncomeTRNO(higher dividend yield)

QualityICE(higher ROIC)

Valuation

Metric	ICE	TRNO
P/E ratio	20.46	16.49●
Forward P/E	15.96●	40.04
P/S ratio	6.13●	14.43
P/B ratio	2.71	1.65●
PEG ratio	1.34	0.14●
EV / EBITDA	15.01	13.82●
FCF yield	5.69%●	2.87%

Profitability

Metric	ICE	TRNO
Gross margin	68.98%●	63.89%
Operating margin	40.84%	40.81%
Net margin	29.98%	86.52%●
ROE	13.26%●	9.88%
ROIC	7.03%●	3.66%

Dividends

Metric	ICE	TRNO
Dividend yield	1.05%	3.05%●
Payout ratio	25.52%	52.16%

Growth (annualized)

Metric	ICE	TRNO
Revenue CAGR (5Y)	8.85%	20.57%●
EPS CAGR (5Y)	8.88%	35.52%●
FCF CAGR (5Y)	11.64%	22.41%●
Total return CAGR (5Y)	5.87%●	3.07%

Frequently asked

Which is better, ICE or TRNO?: It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); income: TRNO (higher dividend yield); quality: ICE (higher ROIC). Across all compared metrics, TRNO leads 9 to 7.
Is ICE or TRNO cheaper?: On trailing earnings, TRNO is cheaper: ICE trades at a 20.46 P/E and TRNO at 16.49.
Which has grown faster, ICE or TRNO?: Over the past five years, TRNO grew revenue faster — ICE at a 8.85% CAGR versus TRNO at 20.57%.
Does ICE or TRNO pay a bigger dividend?: ICE yields 1.05% and TRNO yields 3.05% based on trailing dividends and the latest price.
Is ICE or TRNO more profitable?: TRNO runs the higher net margin — ICE at 29.98% versus TRNO at 86.52%.
Which has been the better investment, ICE or TRNO?: Over the past 10-year, TRNO delivered the higher annualized total return — ICE at 11.81% versus TRNO at 13.47%. Past performance doesn't predict future results.

Go deeper

Full ICE analysis Full TRNO analysis Interactive comparison tool

Dig into the metrics

Intercontinental Exchange P/E ratio Terreno Realty P/E ratio Intercontinental Exchange dividend yield Terreno Realty dividend yield Intercontinental Exchange ROE Terreno Realty ROE Intercontinental Exchange operating margin Terreno Realty operating margin Intercontinental Exchange revenue growth Terreno Realty revenue growth Intercontinental Exchange free cash flow Terreno Realty free cash flow

Intercontinental Exchange & Terreno Realty appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth 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 June 13, 2026.