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Side-by-side financial comparison of Amentum Holdings, Inc. (AMTM) and Intercontinental Exchange (ICE). Click either name above to swap in a different company.

Intercontinental Exchange is the larger business by last-quarter revenue ($3.7B vs $3.2B, roughly 1.1× Amentum Holdings, Inc.). Intercontinental Exchange runs the higher net margin — 39.1% vs 1.4%, a 37.7% gap on every dollar of revenue. On growth, Intercontinental Exchange posted the faster year-over-year revenue change (13.5% vs -5.2%). Intercontinental Exchange produced more free cash flow last quarter ($1.1B vs $-142.0M). Over the past eight quarters, Amentum Holdings, Inc.'s revenue compounded faster (25.6% CAGR vs 12.5%).

Jacobs Solutions Inc. is an American international technical professional services firm based in Dallas. The company provides engineering, technical, professional, and construction services as well as scientific and specialty consulting for a broad range of clients globally, including companies, organizations, and government agencies. Jacobs has consistently ranked No. 1 on both Engineering News-Record (ENR)'s 2018, 2019, 2020, 2021, 2022, and 2023 Top 500 Design Firms and Trenchless Technolo...

Intercontinental Exchange, Inc. (ICE) is an American multinational financial services company formed in 2000 that operates global financial exchanges and clearing houses and provides mortgage technology, data and listing services. Listed on the Fortune 500, S&P 500, and Russell 1000, the company owns exchanges for financial and commodity markets, and operates 12 regulated exchanges and marketplaces. This includes ICE futures exchanges in the United States, Canada, and Europe; the Liffe future...

AMTM vs ICE — Head-to-Head

Bigger by revenue
ICE
ICE
1.1× larger
ICE
$3.7B
$3.2B
AMTM
Growing faster (revenue YoY)
ICE
ICE
+18.8% gap
ICE
13.5%
-5.2%
AMTM
Higher net margin
ICE
ICE
37.7% more per $
ICE
39.1%
1.4%
AMTM
More free cash flow
ICE
ICE
$1.3B more FCF
ICE
$1.1B
$-142.0M
AMTM
Faster 2-yr revenue CAGR
AMTM
AMTM
Annualised
AMTM
25.6%
12.5%
ICE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AMTM
AMTM
ICE
ICE
Revenue
$3.2B
$3.7B
Net Profit
$44.0M
$1.4B
Gross Margin
10.1%
Operating Margin
4.3%
45.4%
Net Margin
1.4%
39.1%
Revenue YoY
-5.2%
13.5%
Net Profit YoY
266.7%
76.4%
EPS (diluted)
$0.18
$2.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMTM
AMTM
ICE
ICE
Q1 26
$3.2B
$3.7B
Q4 25
$3.9B
$3.1B
Q3 25
$3.0B
Q2 25
$3.6B
$3.3B
Q1 25
$3.5B
$3.2B
Q4 24
$3.4B
$3.0B
Q3 24
$2.2B
$3.0B
Q2 24
$2.1B
$2.9B
Net Profit
AMTM
AMTM
ICE
ICE
Q1 26
$44.0M
$1.4B
Q4 25
$40.0M
$851.0M
Q3 25
$816.0M
Q2 25
$10.0M
$851.0M
Q1 25
$4.0M
$797.0M
Q4 24
$12.0M
$698.0M
Q3 24
$26.0M
$657.0M
Q2 24
$-26.0M
$632.0M
Gross Margin
AMTM
AMTM
ICE
ICE
Q1 26
10.1%
Q4 25
10.6%
Q3 25
Q2 25
10.3%
Q1 25
10.5%
Q4 24
10.6%
Q3 24
9.0%
Q2 24
9.6%
Operating Margin
AMTM
AMTM
ICE
ICE
Q1 26
4.3%
45.4%
Q4 25
3.4%
39.4%
Q3 25
39.0%
Q2 25
2.9%
39.8%
Q1 25
3.2%
37.8%
Q4 24
3.9%
35.5%
Q3 24
1.2%
36.4%
Q2 24
4.2%
36.8%
Net Margin
AMTM
AMTM
ICE
ICE
Q1 26
1.4%
39.1%
Q4 25
1.0%
27.1%
Q3 25
27.1%
Q2 25
0.3%
26.1%
Q1 25
0.1%
24.7%
Q4 24
0.4%
23.0%
Q3 24
1.2%
21.7%
Q2 24
-1.2%
21.8%
EPS (diluted)
AMTM
AMTM
ICE
ICE
Q1 26
$0.18
$2.48
Q4 25
$0.16
$1.49
Q3 25
$1.42
Q2 25
$0.04
$1.48
Q1 25
$0.02
$1.38
Q4 24
$0.05
$1.21
Q3 24
$0.31
$1.14
Q2 24
$-0.29
$1.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMTM
AMTM
ICE
ICE
Cash + ST InvestmentsLiquidity on hand
$247.0M
$863.0M
Total DebtLower is stronger
$3.9B
$20.4B
Stockholders' EquityBook value
$4.6B
$29.5M
Total Assets
$11.2B
$179.2B
Debt / EquityLower = less leverage
0.86×
689.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMTM
AMTM
ICE
ICE
Q1 26
$247.0M
$863.0M
Q4 25
$437.0M
$837.0M
Q3 25
$850.0M
Q2 25
$738.0M
$1.0B
Q1 25
$546.0M
$783.0M
Q4 24
$522.0M
$844.0M
Q3 24
$452.0M
$755.0M
Q2 24
$885.0M
Total Debt
AMTM
AMTM
ICE
ICE
Q1 26
$3.9B
$20.4B
Q4 25
$3.9B
Q3 25
Q2 25
$4.5B
Q1 25
$4.7B
Q4 24
$4.7B
Q3 24
$4.7B
Q2 24
Stockholders' Equity
AMTM
AMTM
ICE
ICE
Q1 26
$4.6B
$29.5M
Q4 25
$4.5B
$28.9B
Q3 25
$28.6B
Q2 25
$4.5B
$28.4B
Q1 25
$4.4B
$28.0B
Q4 24
$4.5B
$27.6B
Q3 24
$4.5B
$27.2B
Q2 24
$303.0M
$26.7B
Total Assets
AMTM
AMTM
ICE
ICE
Q1 26
$11.2B
$179.2B
Q4 25
$11.5B
$136.9B
Q3 25
$140.9B
Q2 25
$11.8B
$144.2B
Q1 25
$12.0B
$142.9B
Q4 24
$11.9B
$139.4B
Q3 24
$12.0B
$135.2B
Q2 24
$137.7B
Debt / Equity
AMTM
AMTM
ICE
ICE
Q1 26
0.86×
689.81×
Q4 25
0.88×
Q3 25
Q2 25
1.01×
Q1 25
1.06×
Q4 24
1.05×
Q3 24
1.05×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMTM
AMTM
ICE
ICE
Operating Cash FlowLast quarter
$-136.0M
$1.3B
Free Cash FlowOCF − Capex
$-142.0M
$1.1B
FCF MarginFCF / Revenue
-4.4%
31.4%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
-3.09×
0.93×
TTM Free Cash FlowTrailing 4 quarters
$272.0M
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMTM
AMTM
ICE
ICE
Q1 26
$-136.0M
$1.3B
Q4 25
$270.0M
$1.3B
Q3 25
$915.0M
Q2 25
$106.0M
$1.5B
Q1 25
$57.0M
$966.0M
Q4 24
$110.0M
$1.5B
Q3 24
$898.0M
Q2 24
$1.2B
Free Cash Flow
AMTM
AMTM
ICE
ICE
Q1 26
$-142.0M
$1.1B
Q4 25
$261.0M
$1.1B
Q3 25
$853.0M
Q2 25
$100.0M
$1.4B
Q1 25
$53.0M
$881.0M
Q4 24
$102.0M
$1.3B
Q3 24
$819.0M
Q2 24
$1.1B
FCF Margin
AMTM
AMTM
ICE
ICE
Q1 26
-4.4%
31.4%
Q4 25
6.6%
35.3%
Q3 25
28.4%
Q2 25
2.8%
44.3%
Q1 25
1.5%
27.3%
Q4 24
3.0%
43.3%
Q3 24
27.0%
Q2 24
38.7%
Capex Intensity
AMTM
AMTM
ICE
ICE
Q1 26
0.2%
Q4 25
0.2%
5.3%
Q3 25
2.1%
Q2 25
0.2%
1.8%
Q1 25
0.1%
2.6%
Q4 24
0.2%
6.4%
Q3 24
2.6%
Q2 24
2.6%
Cash Conversion
AMTM
AMTM
ICE
ICE
Q1 26
-3.09×
0.93×
Q4 25
6.75×
1.50×
Q3 25
1.12×
Q2 25
10.60×
1.77×
Q1 25
14.25×
1.21×
Q4 24
9.17×
2.16×
Q3 24
1.37×
Q2 24
1.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMTM
AMTM

Global Engineering Solutions Segment$1.9B59%
Other U.S.Government Agencies$400.0M12%
Fixed Price Contract$380.0M12%
Commercial And International$226.0M7%
Time And Materials Contract$171.0M5%
Sales Channel Through Intermediary$78.0M2%
Equity Method Investee$50.0M2%

ICE
ICE

Exchanges$2.5B67%
Fixed income and data services$657.0M18%
Mortgage technology$539.0M15%

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