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Side-by-side financial comparison of Aptiv (APTV) and Intercontinental Exchange (ICE). Click either name above to swap in a different company.

Aptiv is the larger business by last-quarter revenue ($5.1B vs $3.7B, roughly 1.4× Intercontinental Exchange). Intercontinental Exchange runs the higher net margin — 39.1% vs 3.8%, a 35.3% gap on every dollar of revenue. On growth, Intercontinental Exchange posted the faster year-over-year revenue change (13.5% vs 5.4%). Intercontinental Exchange produced more free cash flow last quarter ($1.1B vs $-362.0M). Over the past eight quarters, Intercontinental Exchange's revenue compounded faster (12.5% CAGR vs 0.3%).

Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.

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...

APTV vs ICE — Head-to-Head

Bigger by revenue
APTV
APTV
1.4× larger
APTV
$5.1B
$3.7B
ICE
Growing faster (revenue YoY)
ICE
ICE
+8.1% gap
ICE
13.5%
5.4%
APTV
Higher net margin
ICE
ICE
35.3% more per $
ICE
39.1%
3.8%
APTV
More free cash flow
ICE
ICE
$1.5B more FCF
ICE
$1.1B
$-362.0M
APTV
Faster 2-yr revenue CAGR
ICE
ICE
Annualised
ICE
12.5%
0.3%
APTV

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
APTV
APTV
ICE
ICE
Revenue
$5.1B
$3.7B
Net Profit
$191.0M
$1.4B
Gross Margin
18.1%
Operating Margin
7.4%
45.4%
Net Margin
3.8%
39.1%
Revenue YoY
5.4%
13.5%
Net Profit YoY
3.7%
76.4%
EPS (diluted)
$0.88
$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
APTV
APTV
ICE
ICE
Q1 26
$5.1B
$3.7B
Q4 25
$5.2B
$3.1B
Q3 25
$5.2B
$3.0B
Q2 25
$5.2B
$3.3B
Q1 25
$4.8B
$3.2B
Q4 24
$4.9B
$3.0B
Q3 24
$4.9B
$3.0B
Q2 24
$5.1B
$2.9B
Net Profit
APTV
APTV
ICE
ICE
Q1 26
$191.0M
$1.4B
Q4 25
$138.0M
$851.0M
Q3 25
$-355.0M
$816.0M
Q2 25
$393.0M
$851.0M
Q1 25
$-11.0M
$797.0M
Q4 24
$268.0M
$698.0M
Q3 24
$363.0M
$657.0M
Q2 24
$938.0M
$632.0M
Gross Margin
APTV
APTV
ICE
ICE
Q1 26
18.1%
Q4 25
18.7%
Q3 25
19.5%
Q2 25
19.1%
Q1 25
19.1%
Q4 24
19.6%
Q3 24
18.6%
Q2 24
19.2%
Operating Margin
APTV
APTV
ICE
ICE
Q1 26
7.4%
45.4%
Q4 25
8.2%
39.4%
Q3 25
-3.4%
39.0%
Q2 25
9.3%
39.8%
Q1 25
9.3%
37.8%
Q4 24
9.8%
35.5%
Q3 24
10.4%
36.4%
Q2 24
8.7%
36.8%
Net Margin
APTV
APTV
ICE
ICE
Q1 26
3.8%
39.1%
Q4 25
2.7%
27.1%
Q3 25
-6.8%
27.1%
Q2 25
7.5%
26.1%
Q1 25
-0.2%
24.7%
Q4 24
5.5%
23.0%
Q3 24
7.5%
21.7%
Q2 24
18.6%
21.8%
EPS (diluted)
APTV
APTV
ICE
ICE
Q1 26
$0.88
$2.48
Q4 25
$0.63
$1.49
Q3 25
$-1.63
$1.42
Q2 25
$1.80
$1.48
Q1 25
$-0.05
$1.38
Q4 24
$1.22
$1.21
Q3 24
$1.48
$1.14
Q2 24
$3.47
$1.10

Balance Sheet & Financial Strength

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

Metric
APTV
APTV
ICE
ICE
Cash + ST InvestmentsLiquidity on hand
$3.2B
$863.0M
Total DebtLower is stronger
$9.3B
$20.4B
Stockholders' EquityBook value
$9.4B
$29.5M
Total Assets
$25.2B
$179.2B
Debt / EquityLower = less leverage
0.99×
689.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APTV
APTV
ICE
ICE
Q1 26
$3.2B
$863.0M
Q4 25
$1.9B
$837.0M
Q3 25
$1.6B
$850.0M
Q2 25
$1.4B
$1.0B
Q1 25
$1.1B
$783.0M
Q4 24
$1.6B
$844.0M
Q3 24
$1.8B
$755.0M
Q2 24
$2.2B
$885.0M
Total Debt
APTV
APTV
ICE
ICE
Q1 26
$9.3B
$20.4B
Q4 25
$7.5B
Q3 25
$7.6B
Q2 25
$7.8B
Q1 25
$7.6B
Q4 24
$7.8B
Q3 24
$8.3B
Q2 24
$5.5B
Stockholders' Equity
APTV
APTV
ICE
ICE
Q1 26
$9.4B
$29.5M
Q4 25
$9.2B
$28.9B
Q3 25
$9.3B
$28.6B
Q2 25
$9.7B
$28.4B
Q1 25
$9.0B
$28.0B
Q4 24
$8.8B
$27.6B
Q3 24
$8.9B
$27.2B
Q2 24
$11.5B
$26.7B
Total Assets
APTV
APTV
ICE
ICE
Q1 26
$25.2B
$179.2B
Q4 25
$23.4B
$136.9B
Q3 25
$23.5B
$140.9B
Q2 25
$23.9B
$144.2B
Q1 25
$23.1B
$142.9B
Q4 24
$23.5B
$139.4B
Q3 24
$24.8B
$135.2B
Q2 24
$24.8B
$137.7B
Debt / Equity
APTV
APTV
ICE
ICE
Q1 26
0.99×
689.81×
Q4 25
0.81×
Q3 25
0.82×
Q2 25
0.80×
Q1 25
0.85×
Q4 24
0.89×
Q3 24
0.93×
Q2 24
0.48×

Cash Flow & Capital Efficiency

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

Metric
APTV
APTV
ICE
ICE
Operating Cash FlowLast quarter
$1.4B
$1.3B
Free Cash FlowOCF − Capex
$-362.0M
$1.1B
FCF MarginFCF / Revenue
-7.1%
31.4%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
7.41×
0.93×
TTM Free Cash FlowTrailing 4 quarters
$1.1B
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APTV
APTV
ICE
ICE
Q1 26
$1.4B
$1.3B
Q4 25
$818.0M
$1.3B
Q3 25
$584.0M
$915.0M
Q2 25
$510.0M
$1.5B
Q1 25
$273.0M
$966.0M
Q4 24
$1.1B
$1.5B
Q3 24
$499.0M
$898.0M
Q2 24
$643.0M
$1.2B
Free Cash Flow
APTV
APTV
ICE
ICE
Q1 26
$-362.0M
$1.1B
Q4 25
$651.0M
$1.1B
Q3 25
$441.0M
$853.0M
Q2 25
$361.0M
$1.4B
Q1 25
$76.0M
$881.0M
Q4 24
$894.0M
$1.3B
Q3 24
$326.0M
$819.0M
Q2 24
$417.0M
$1.1B
FCF Margin
APTV
APTV
ICE
ICE
Q1 26
-7.1%
31.4%
Q4 25
12.6%
35.3%
Q3 25
8.5%
28.4%
Q2 25
6.9%
44.3%
Q1 25
1.6%
27.3%
Q4 24
18.2%
43.3%
Q3 24
6.7%
27.0%
Q2 24
8.3%
38.7%
Capex Intensity
APTV
APTV
ICE
ICE
Q1 26
4.3%
Q4 25
3.2%
5.3%
Q3 25
2.7%
2.1%
Q2 25
2.9%
1.8%
Q1 25
4.1%
2.6%
Q4 24
3.4%
6.4%
Q3 24
3.6%
2.6%
Q2 24
4.5%
2.6%
Cash Conversion
APTV
APTV
ICE
ICE
Q1 26
7.41×
0.93×
Q4 25
5.93×
1.50×
Q3 25
1.12×
Q2 25
1.30×
1.77×
Q1 25
1.21×
Q4 24
3.96×
2.16×
Q3 24
1.37×
1.37×
Q2 24
0.69×
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APTV
APTV

Electrical Distribution Systems$2.2B43%
Engineered Components$1.7B33%
Intelligent Systems$1.4B28%

ICE
ICE

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

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