Intercontinental Exchange, Inc. (ICE) vs U.S. Bancorp (USB)

ICE and USB are evenly matched — 7 metrics each of 14.

A side-by-side comparison of Intercontinental Exchange, Inc. and U.S. Bancorp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ICE vs USB

growth of $100 · last 21y
ICE +1690.2%USB +96.5%ICE compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020092013201720212025$1,790$197
ICE USB

ICE vs USB: by the numbers

  • USB is the larger company ($91.49B vs $79.47B market cap).
  • USB trades at the lower earnings multiple (12.38 vs 20.46 P/E).
  • ICE converts more revenue to profit (29.98% vs 18.02% net margin).
  • USB grew revenue faster over the past five years (12.25% vs 8.85% CAGR).
  • USB pays the higher dividend yield (3.50% vs 1.05%).

Which is better, ICE or USB?

Metric tally: ICE 7 · USB 7

It depends on what you're optimizing for:

ValueUSB(lower P/E)
GrowthUSB(faster 5Y revenue CAGR)
IncomeUSB(higher dividend yield)
QualityICE(higher ROIC)

Valuation

MetricICEUSB
P/E ratio20.4612.38
Forward P/E15.9611.56
P/S ratio6.132.11
P/B ratio2.711.39
PEG ratio1.340.50

Profitability

MetricICEUSB
Gross margin68.98%62.81%
Operating margin40.84%23.18%
Net margin29.98%18.02%
ROE13.26%11.87%
ROIC7.03%4.46%

Dividends

MetricICEUSB
Dividend yield1.05%3.50%
Payout ratio25.52%44.59%

Growth (annualized)

MetricICEUSB
Revenue CAGR (5Y)8.85%12.25%
EPS CAGR (5Y)8.88%8.59%
Total return CAGR (5Y)5.87%4.33%

Frequently asked

Which is better, ICE or USB?
It depends on your goal. value: USB (lower P/E); growth: USB (faster 5Y revenue CAGR); income: USB (higher dividend yield); quality: ICE (higher ROIC). Across all compared metrics, they are evenly matched.
Is ICE or USB cheaper?
On trailing earnings, USB is cheaper: ICE trades at a 20.46 P/E and USB at 12.38.
Which has grown faster, ICE or USB?
Over the past five years, USB grew revenue faster — ICE at a 8.85% CAGR versus USB at 12.25%.
Does ICE or USB pay a bigger dividend?
ICE yields 1.05% and USB yields 3.50% based on trailing dividends and the latest price.
Is ICE or USB more profitable?
ICE runs the higher net margin — ICE at 29.98% versus USB at 18.02%.
Which has been the better investment, ICE or USB?
Over the past 10-year, ICE delivered the higher annualized total return — ICE at 11.81% versus USB at 7.29%. Past performance doesn't predict future results.

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 14, 2026.