Cboe Global Markets (CBOE) vs Intercontinental Exchange (ICE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Cboe Global Markets (CBOE) has outperformed Intercontinental Exchange (ICE) over the past year, gaining 16.9% versus a loss of 5.8%. Over five years, CBOE leads with a +124.3% price change compared with +17.9% for ICE. Intercontinental Exchange is the larger company by market cap ($85.66 billion vs $29.40 billion), about 2.9 times the size, while Cboe Global Markets is growing revenue faster (+15.1% vs +7.5%).
On valuation, Intercontinental Exchange trades at a lower forward P/E (17.3x vs 18.6x for Cboe Global Markets). Intercontinental Exchange offers the higher dividend yield (1.31% vs 1.02%). Intercontinental Exchange converts more of its revenue into profit, with a net margin of 26.2% versus 23.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CBOE | ICE |
|---|---|---|
| Share price | $281.57 | $152.59 |
| Market cap | $29.40B | $85.66B |
| 1-day change | +1.21% | -0.59% |
| YTD return | +12.18% | -5.79% |
| 1-year return | +16.88% | -5.80% |
| 5-year return | +124.29% | +17.93% |
| P/E ratio (TTM) | 21.95 | 21.52 |
| Forward P/E | 18.57 | 17.27 |
| EPS (TTM) | $12.83 | $7.09 |
| Dividend yield | 1.02% | 1.31% |
| Annual dividend | $2.88 | $2.00 |
| Revenue (latest FY) | $4.71B | $12.64B |
| Revenue growth (YoY) | +15.13% | +7.47% |
| Net income (latest FY) | $1.10B | $3.31B |
| Gross margin | 51.53% | — |
| Operating margin | 31.12% | 39.00% |
| Net margin | 23.33% | 26.23% |
| 52-week high | $371.18 | $176.05 |
| 52-week low | $227.15 | $121.79 |
| Distance from 52-week high | -24.14% | -13.33% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +11.28% | +21.55% |
| Average volume | 1.09M | 3.45M |
| Shares outstanding | 104.43M | 561.39M |
| Employees | 1,661 | 12,725 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Intercontinental Exchange is about 2.9 times larger than Cboe Global Markets by market value ($85.66B vs $29.40B).
- CBOE has outperformed ICE by 22.7 percentage points over the past year.
- Cboe Global Markets grew revenue faster in its latest fiscal year (+15.13% vs +7.47%).
About Cboe Global Markets
CBOE stock →Cboe Global Markets, Inc., through its subsidiaries, operates as a derivatives and securities exchange network that delivers trading, clearing, and investment solutions in the United States and internationally. It operates through five segments: Options, North American Equities, Europe and Asia Pacific, Futures, and Global FX.
Finance · Investment Bankers/Brokers/Service · 1,661 employees
About Intercontinental Exchange
ICE stock →Intercontinental Exchange, Inc., together with its subsidiaries, provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Canada, Asia Pacific, and the Middle East. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology.
Finance · Investment Bankers/Brokers/Service · 12,725 employees
CBOE vs ICE FAQ
Which is bigger, Cboe Global Markets or Intercontinental Exchange?
Intercontinental Exchange (ICE) is larger, with a market capitalization of $85.66B compared with $29.40B for Cboe Global Markets (CBOE).
Which stock has performed better over the past year, CBOE or ICE?
CBOE returned +16.88% over the past 12 months, compared with -5.80% for ICE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBOE or ICE?
ICE has the lower trailing P/E at 21.5, versus 21.9 for CBOE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Cboe Global Markets or Intercontinental Exchange?
Intercontinental Exchange has the higher yield at 1.31%, compared with 1.02% for Cboe Global Markets.
Are Cboe Global Markets and Intercontinental Exchange in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.