Intercontinental Exchangevs.S&P Global
ICE vs SPGI · both in Exchanges & market data, part of the Banks, payments & capital markets value chain: The exchanges, index owners and ratings agencies that run, and price, the markets.
S&P Global is about 1.4× larger than Intercontinental Exchange by market cap; Intercontinental Exchange trades at the lower P/E (21.2 vs 24.9); year to date, Intercontinental Exchange leads (−0.1% vs −17.1%).
Side by side
| ICE | SPGI | |
|---|---|---|
| Market cap | $85.4B | $123B |
| Price | $161.92 | $436.49 |
| Today | +0.1% | +0.8% |
| Return YTD | −0.1% | −17.1% |
| Return 1Y | −9.7% | −21.5% |
| P/E | 21.2 | 24.9 |
| P/S | 6.4 | 7.6 |
| P/B | 2.9 | 3.9 |
Data as of 2026-08-27 · updates daily after U.S. close
The two companies
Intercontinental ExchangeICE
The New York Stock Exchange belongs to ICE, and so do global derivatives markets, a large mortgage-technology arm and a fixed-income data business. Each one collects a small amount every time somebody trades or looks something up.
Full ICE profile →S&P GlobalSPGI
Credit ratings on the bonds companies issue are one revenue stream. The S&P 500 and Dow Jones index franchises are another. Market and commodity intelligence sold on subscription is the third. Very little of this revenue has to be won again each year.
Full SPGI profile →More ICE & SPGI comparisons
Other head-to-heads in the Exchanges & market data segment.