Intercontinental Exchange, Inc. (ICE)
NYSE: ICE · Real-Time Price · USD
172.79
-1.21 (-0.70%)
Nov 6, 2026, 2:06 PM EST - Market open
Intercontinental Exchange Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 4,162 | 3,315 | 2,754 | 2,368 | 1,446 | 4,058 |
Depreciation & Amortization | 1,193 | 1,192 | 1,210 | 924 | 784 | 796 |
Other Amortization | 368 | 368 | 324 | 284 | 247 | 213 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | -1,419 |
Asset Writedown & Restructuring Costs | - | - | 3 | 7 | - | - |
Loss (Gain) From Sale of Investments | -472 | -55 | 1 | 4 | -41 | -1,261 |
Loss (Gain) on Equity Investments | -63 | -79 | 62 | 122 | 1,340 | 42 |
Stock-Based Compensation | 285 | 238 | 231 | 257 | 155 | 188 |
Other Operating Activities | 250 | 187 | -39 | -36 | -500 | 593 |
Change in Accounts Receivable | -344 | -62 | -149 | -71 | 20 | -5 |
Change in Unearned Revenue | 50 | -44 | 27 | -16 | -27 | 34 |
Change in Other Net Operating Assets | 332 | -398 | 185 | -301 | 130 | -116 |
Operating Cash Flow | 5,761 | 4,662 | 4,609 | 3,542 | 3,554 | 3,123 |
Operating Cash Flow Growth | 17.74% | 1.15% | 30.12% | -0.34% | 13.80% | 8.40% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -484 | -373 | -406 | -190 | -225 | -179 |
Cash Acquisitions | -65 | -19 | -38 | -10,198 | -59 | -66 |
Sale (Purchase) of Intangibles | -446 | -418 | -346 | -299 | -257 | -273 |
Investment in Securities | -1,882 | -1,029 | -29 | 179 | 670 | 1,121 |
Other Investing Activities | -1,401 | -2,410 | -102 | 1,711 | 548 | -1,389 |
Investing Cash Flow | -4,278 | -4,249 | -921 | -8,797 | 677 | -786 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 506 | - | 1,954 | - | - |
Long-Term Debt Issued | - | 1,234 | 739 | 2,400 | 7,891 | - |
Total Debt Issued | 5,451 | 1,740 | 739 | 4,354 | 7,891 | - |
Short-Term Debt Repaid | - | - | -1,424 | - | -1,012 | -1,393 |
Long-Term Debt Repaid | - | -2,500 | -1,600 | -2,286 | -2,705 | -1,246 |
Total Debt Repaid | -1,211 | -2,500 | -3,024 | -2,286 | -3,717 | -2,639 |
Net Debt Issued (Repaid) | 4,240 | -760 | -2,285 | 2,068 | 4,174 | -2,639 |
Repurchase of Common Stock | -2,099 | -1,397 | -81 | -78 | -705 | -320 |
Common Dividends Paid | -1,158 | -1,105 | -1,039 | -955 | -853 | -747 |
Other Financing Activities | 30,422 | -3,072 | 3,484 | -65,380 | -4,457 | 65,732 |
Financing Cash Flow | 31,405 | -6,334 | 79 | -64,345 | -1,841 | 62,026 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -13 | 32 | -14 | 7 | -23 | -6 |
Net Cash Flow | 32,875 | -5,889 | 3,753 | -69,593 | 2,367 | 64,357 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 5,277 | 4,289 | 4,203 | 3,352 | 3,329 | 2,944 |
Free Cash Flow Growth | 17.48% | 2.05% | 25.39% | 0.69% | 13.08% | 10.10% |
Free Cash Flow Margin | 48.36% | 43.19% | 45.30% | 41.96% | 45.65% | 41.20% |
Free Cash Flow Per Share | 9.30 | 7.46 | 7.30 | 5.93 | 5.93 | 5.21 |
Levered Free Cash Flow | 299.38 | 3,485 | 2,910 | 7,536 | -1,507 | 1,953 |
Unlevered Free Cash Flow | 820.63 | 3,987 | 3,479 | 8,041 | -1,122 | 2,217 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 776 | 764 | 870 | 727 | 550 | 406 |
Cash Income Tax Paid | 947 | 1,068 | 957 | 909 | 882 | 1,057 |
Change in Working Capital | 38 | -504 | 63 | -388 | 123 | -87 |