Intercontinental Exchange, Inc.
$107.37B- Market cap
- $88.57B
- Debt
- +$19.64B
- Cash
- −$837.00M
Capital structure 82% equity / 18% debt · EV / Revenue 8.49x · EV / EBITDA 16.23x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ICE stock price vs SWX: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at SWX's multiple
Needs SWX P/E.
Implied fair value · at ICE's multiple
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Ten period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Market cap plus debt, less cash.
Capital structure 82% equity / 18% debt · EV / Revenue 8.49x · EV / EBITDA 16.23x
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Intercontinental Exchange, Inc. · implied price per share
Bear
$72.26
Base
$93.12
Bull
$121.26
Southwest Gas Holdings, Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.68x
1.41x
Net debt / EBITDA
Leverage against operating earnings
2.84x
5.72x
Cash and equivalents
Liquid reserves on the balance sheet
$837.00M
$106.54M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$19.64B
$4.65B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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