vs

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

BARRICK MINING CORP is the larger business by last-quarter revenue ($3.7B vs $3.7B, roughly 1.0× Intercontinental Exchange). Intercontinental Exchange runs the higher net margin — 39.1% vs 34.1%, a 4.9% gap on every dollar of revenue. On growth, BARRICK MINING CORP posted the faster year-over-year revenue change (16.4% vs 13.5%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

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...

B vs ICE — Head-to-Head

Bigger by revenue
B
B
1.0× larger
B
$3.7B
$3.7B
ICE
Growing faster (revenue YoY)
B
B
+2.9% gap
B
16.4%
13.5%
ICE
Higher net margin
ICE
ICE
4.9% more per $
ICE
39.1%
34.1%
B

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
B
B
ICE
ICE
Revenue
$3.7B
$3.7B
Net Profit
$1.3B
$1.4B
Gross Margin
49.0%
Operating Margin
38.5%
45.4%
Net Margin
34.1%
39.1%
Revenue YoY
16.4%
13.5%
Net Profit YoY
98.1%
76.4%
EPS (diluted)
$0.47
$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
B
B
ICE
ICE
Q1 26
$3.7B
Q4 25
$3.1B
Q3 25
$3.0B
Q2 25
$3.7B
$3.3B
Q1 25
$3.2B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$3.2B
$2.9B
Net Profit
B
B
ICE
ICE
Q1 26
$1.4B
Q4 25
$851.0M
Q3 25
$816.0M
Q2 25
$1.3B
$851.0M
Q1 25
$797.0M
Q4 24
$698.0M
Q3 24
$657.0M
Q2 24
$634.0M
$632.0M
Gross Margin
B
B
ICE
ICE
Q1 26
Q4 25
Q3 25
Q2 25
49.0%
Q1 25
Q4 24
Q3 24
Q2 24
37.4%
Operating Margin
B
B
ICE
ICE
Q1 26
45.4%
Q4 25
39.4%
Q3 25
39.0%
Q2 25
38.5%
39.8%
Q1 25
37.8%
Q4 24
35.5%
Q3 24
36.4%
Q2 24
34.5%
36.8%
Net Margin
B
B
ICE
ICE
Q1 26
39.1%
Q4 25
27.1%
Q3 25
27.1%
Q2 25
34.1%
26.1%
Q1 25
24.7%
Q4 24
23.0%
Q3 24
21.7%
Q2 24
20.1%
21.8%
EPS (diluted)
B
B
ICE
ICE
Q1 26
$2.48
Q4 25
$1.49
Q3 25
$1.42
Q2 25
$0.47
$1.48
Q1 25
$1.38
Q4 24
$1.21
Q3 24
$1.14
Q2 24
$0.21
$1.10

Balance Sheet & Financial Strength

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

Metric
B
B
ICE
ICE
Cash + ST InvestmentsLiquidity on hand
$4.8B
$863.0M
Total DebtLower is stronger
$20.4B
Stockholders' EquityBook value
$33.4B
$29.5M
Total Assets
$47.3B
$179.2B
Debt / EquityLower = less leverage
689.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
ICE
ICE
Q1 26
$863.0M
Q4 25
$837.0M
Q3 25
$850.0M
Q2 25
$4.8B
$1.0B
Q1 25
$783.0M
Q4 24
$844.0M
Q3 24
$755.0M
Q2 24
$4.0B
$885.0M
Total Debt
B
B
ICE
ICE
Q1 26
$20.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
B
B
ICE
ICE
Q1 26
$29.5M
Q4 25
$28.9B
Q3 25
$28.6B
Q2 25
$33.4B
$28.4B
Q1 25
$28.0B
Q4 24
$27.6B
Q3 24
$27.2B
Q2 24
$32.5B
$26.7B
Total Assets
B
B
ICE
ICE
Q1 26
$179.2B
Q4 25
$136.9B
Q3 25
$140.9B
Q2 25
$47.3B
$144.2B
Q1 25
$142.9B
Q4 24
$139.4B
Q3 24
$135.2B
Q2 24
$46.2B
$137.7B
Debt / Equity
B
B
ICE
ICE
Q1 26
689.81×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
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
B
B
ICE
ICE
Operating Cash FlowLast quarter
$1.3B
$1.3B
Free Cash FlowOCF − Capex
$1.1B
FCF MarginFCF / Revenue
31.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.06×
0.93×
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
ICE
ICE
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$915.0M
Q2 25
$1.3B
$1.5B
Q1 25
$966.0M
Q4 24
$1.5B
Q3 24
$898.0M
Q2 24
$1.2B
$1.2B
Free Cash Flow
B
B
ICE
ICE
Q1 26
$1.1B
Q4 25
$1.1B
Q3 25
$853.0M
Q2 25
$1.4B
Q1 25
$881.0M
Q4 24
$1.3B
Q3 24
$819.0M
Q2 24
$1.1B
FCF Margin
B
B
ICE
ICE
Q1 26
31.4%
Q4 25
35.3%
Q3 25
28.4%
Q2 25
44.3%
Q1 25
27.3%
Q4 24
43.3%
Q3 24
27.0%
Q2 24
38.7%
Capex Intensity
B
B
ICE
ICE
Q1 26
Q4 25
5.3%
Q3 25
2.1%
Q2 25
1.8%
Q1 25
2.6%
Q4 24
6.4%
Q3 24
2.6%
Q2 24
2.6%
Cash Conversion
B
B
ICE
ICE
Q1 26
0.93×
Q4 25
1.50×
Q3 25
1.12×
Q2 25
1.06×
1.77×
Q1 25
1.21×
Q4 24
2.16×
Q3 24
1.37×
Q2 24
1.83×
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

B
B

Segment breakdown not available.

ICE
ICE

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

Related Comparisons