Morningstar [MORN] vs Intercontinental [ICE] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Morningstar Inc. wins in 10 metrics, Intercontinental Exchange, Inc. wins in 11 metrics, with 0 ties. Intercontinental Exchange, Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Morningstar Inc. Intercontinental Exchange, Inc. Better
P/E Ratio (TTM) 21.10 27.53 Morningstar Inc.
Price-to-Book Ratio 6.09 3.11 Intercontinental Exchange, Inc.
Debt-to-Equity Ratio 103.21 70.08 Intercontinental Exchange, Inc.
PEG Ratio 4.78 1.20 Intercontinental Exchange, Inc.
EV/EBITDA 13.77 17.77 Morningstar Inc.
Profit Margin (TTM) 15.30% 33.38% Intercontinental Exchange, Inc.
Operating Margin (TTM) 21.71% 49.56% Intercontinental Exchange, Inc.
EBITDA Margin (TTM) 21.71% 49.56% Intercontinental Exchange, Inc.
Return on Equity 26.35% 11.89% Morningstar Inc.
Return on Assets (TTM) 8.86% 2.26% Morningstar Inc.
Free Cash Flow (TTM) $442.60M $3.87B Intercontinental Exchange, Inc.
Dividend Yield 1.29% 1.24% Morningstar Inc.
1-Year Return -41.42% -21.25% Intercontinental Exchange, Inc.
Price-to-Sales Ratio (TTM) 3.03 9.08 Morningstar Inc.
Enterprise Value $8.17B $109.75B Intercontinental Exchange, Inc.
EV/Revenue Ratio 3.34 11.05 Morningstar Inc.
Gross Profit Margin (TTM) 61.13% 56.68% Morningstar Inc.
Revenue per Share (TTM) $58 $17 Morningstar Inc.
Earnings per Share (Diluted) $8.88 $5.77 Morningstar Inc.
Beta (Stock Volatility) 1.11 1.04 Intercontinental Exchange, Inc.
Short % of Float 5.84% 1.46% Intercontinental Exchange, Inc.

Morningstar Inc. vs Intercontinental Exchange, Inc. Stock Performance Analysis

Loading Price Chart...

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Morningstar Inc.-1.19%-4.62%1.82%-5.22%-17.83%-17.72%
Intercontinental Exchange, Inc.-0.31%0.76%-9.24%-13.25%-13.20%-12.43%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Morningstar Inc.-41.42%-14.95%-27.74%115.68%198.04%361.71%
Intercontinental Exchange, Inc.-21.25%25.83%24.63%177.02%494.96%1,288.64%

Performance & Financial Health Analysis: Morningstar Inc. vs Intercontinental Exchange, Inc.

MetricMORNICE
Market Information
Market Cap i$7.03B$89.43B
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i437,4062,811,590
90 Day Avg. Volume i472,1853,071,043
Last Close$173.13$140.10
52 Week Range$149.08 - $316.71$136.67 - $189.35
% from 52W High-45.33%-26.01%
All-Time High$365.00 (Dec 16, 2024)$189.35 (Aug 08, 2025)
% from All-Time High-52.57%-26.01%
Growth Metrics
Quarterly Revenue Growth0.09%0.08%
Quarterly Earnings Growth-0.02%0.22%
Financial Health
Profit Margin (TTM) i0.15%0.33%
Operating Margin (TTM) i0.22%0.50%
Return on Equity (TTM) i0.26%0.12%
Debt to Equity (MRQ) i103.2170.08
Cash & Liquidity
Book Value per Share (MRQ)$30.75$51.00
Cash per Share (MRQ)$13.36$1.47
Operating Cash Flow (TTM) i$589.70M$4.66B
Levered Free Cash Flow (TTM) i$446.38M$3.49B
Dividends
Last 12-Month Dividend Yield i1.29%1.24%
Last 12-Month Dividend i$2.38$1.96

Valuation & Enterprise Metrics Analysis: Morningstar Inc. vs Intercontinental Exchange, Inc.

MetricMORN (Apr 24, 2026)ICE (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i21.1027.53
Forward P/E i14.4518.21
PEG Ratio i4.781.20
Price to Sales (TTM) i3.039.08
Price to Book (MRQ) i6.093.11
Market Capitalization
Market Capitalization i$7.03B$89.43B
Enterprise Value i$8.17B$109.75B
Enterprise Value Metrics
Enterprise to Revenue i3.3411.05
Enterprise to EBITDA i13.7717.77
Risk & Other Metrics
Beta i1.111.04
Book Value per Share (MRQ) i$30.75$51.00

Financial Statements Comparison: Morningstar Inc. vs Intercontinental Exchange, Inc.

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricMORN (2025)ICE (2025)
Revenue/Sales i2.45B12.64B
Cost of Goods Sold i952.90M5.54B
COGS % of Revenue i39.0%43.8%
Gross Profit i1.49B7.10B
Gross Margin i61.0%56.2%
Research & Development iN/AN/A
Operating Income (EBIT) i503.90M5.00B
Operating Margin i20.6%39.5%
EBITDA i706.20M6.78B
EBITDA Margin i28.9%53.6%
Pre-Tax Income i499.00M4.35B
Pre-Tax Income % of Revenue i20.4%34.4%
Income Tax i121.50M976.00M
Income Tax % of Revenue i5.0%7.7%
Net Income (Profit) i374.20M3.37B
Profit Margin i15.3%26.7%

Balance Sheet & Liquidity Metrics

MetricMORN (2025)ICE (2025)
Cash & Equivalents i474.50M837.00M
Total Current Assets i1.04B85.78B
Total Current Assets % of Revenue i42.4%678.6%
Total Current Liabilities i1.05B84.12B
Total Current Liabilities % of Revenue i43.1%665.5%
Long-Term Debt i1.22B19.24B
Long-Term Debt % of Revenue i49.9%152.2%
Total Shareholders Equity i1.22B28.99B
Retained Earnings i2.21B20.28B
Retained Earnings % of Revenue i90.2%160.5%
Property, Plant & Equipment i159.00M578.00M

Cash Flow Statement Comparison

MetricMORN (2025)ICE (2025)
Operating Cash Flow i602.90M4.80B
Operating Cash Flow % of Revenue i24.7%37.9%
Capital Expenditures iN/AN/A
Free Cash Flow i442.60M3.87B
FCF Margin i18.1%30.6%
Debt Repayment i-800.00M-2.50B
Common Stock Repurchase i-787.00M-1.40B

Short Interest & Institutional Ownership Analysis

MetricMORNICE
Shares Short i1.37M7.38M
Short Ratio i2.812.14
Short % of Float i5.84%1.46%
Shares Outstanding i39.74M567.00M
Float Shares i20.45M564.01M
% Held by Insiders i48.87%0.83%
% Held by Institutions i64.20%94.93%
% Held by Public i-13.07%4.24%

Dividend Analysis & Yield Comparison: Morningstar Inc. vs Intercontinental Exchange, Inc.

MetricMORNICE
Last 12-Month Dividend i$2.38$1.96
Last 12-Month Dividend Yield i1.29%1.24%
3-Year Avg Annual Dividend i$1.87$1.83
3-Year Avg Dividend Yield i0.17%0.32%
3-Year Total Dividends i$5.62$5.50
Ex-Dividend DateApr 02, 2026Mar 17, 2026