• Intercontinental Exchange average debt/equity ratio for 2023 was 0.79, a 6.76% decline from 2022.
• Intercontinental Exchange average debt/equity ratio for 2022 was 0.74, a 19.35% increase from 2021.
• Intercontinental Exchange average debt/equity ratio for 2021 was 0.62, a 8.77% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.