The landlord of American capitalism

INTERCONTINENTAL
EXCHANGE

Every company that goes public on the NYSE pays ICE. Every bond that trades on ICE's fixed income markets pays ICE. Every mortgage that gets processed through ICE's data network pays ICE. ICE owns the infrastructure of American capitalism — the stock exchange, the bond market, the mortgage data network. You have never thought about who owns the New York Stock Exchange. The answer is ICE. And it charges rent on every transaction that passes through.

Record in 2025 Consolidated Revenues (less transaction-based expenses)
$5.4B Exchanges Segment Revenue
$2.4B Fixed Income & Data Services Revenue
$2.1B Mortgage Technology Revenue
$81.2B Clearing Members' Margin & Guaranty Funds
$82.6B Non-Cash Margin / Guaranty Fund (Sovereign Securities)
12,844 Total Employees
$10.1T NYSE ETF AUM Listed
3M+ Fixed Income Securities Priced
$104.4B Market Cap (June 2025)
10-K · Feb. 5, 2026
ICE · NYSE
Market Cap $90B
NYSE Listed 2,400+ cos
Net Margin ~25%
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