• Intercontinental Exchange average ebitda margin for 2023 was 63.1%, a 0.36% decline from 2022.
• Intercontinental Exchange average ebitda margin for 2022 was 63.33%, a 2.01% decline from 2021.
• Intercontinental Exchange average ebitda margin for 2021 was 62.08%, a 2.57% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.