Cboe Global Markets, Inc.

Cboe Global Markets, Inc.

344.28
USD
-4.94
(-1.41%)
14.11EPS
19.46P/E
28.73BMarket Cap
Jan 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.55
7.23
7.99
8.63
20.79
24.77
22.41
31.41
32.66
37.24
35.67
38.96
45.03
50.44
Basic EPS, GAAP
2.02
2.22
2.47
2.29
3.75
3.81
3.37
4.29
4.94
2.21
7.2
7.28
10.51
14.15
Free Cash Flow per Basic Share
2.57
3.08
2.48
2.27
3.14
4.46
5.37
12.94
5.1
5.56
9.74
9.89
16.06
24.17
Dividend per Share
0.67
1.3
0.88
0.96
1.1
1.17
1.35
1.56
1.81
1.97
2.11
2.37
2.72
3.03
Book Value per Share
3.28
2.97
3.16
3.91
27.59
29.04
30.32
31.21
33.8
32.71
37.76
40.88
49.1
56.78
Tangible Book Value per Share
2.75
2.31
2.35
2.7
-13.66
-10.8
-8.55
-12.23
-10.58
-12.97
-7.21
-2.56
6.15
15.71
Basic Weighted Avg Shares
87
85
83
81
107
112
111
109
107
106
106
105
105
105
Sales/Revenue/Turnover
572
617
664
703
2,229
2,769
2,496
3,427
3,495
3,959
3,774
4,095
4,714
5,278
Operating Margin (%)
49.96
50.84
48.19
44.35
20.47
22.73
23.46
20.64
23.51
24.51
28.23
28.84
32.12
35.51
Depreciation Expense
35
40
46
44
192
204
177
159
167
167
158
133
122
117
Net Income, GAAP
176
190
205
187
402
427
375
468
529
235
761
765
1,100
1,481
Effective Tax Rate (%)
37.95
38.74
36.73
39.43
- -
25.56
26.05
29.1
30.04
45.71
27.32
29.42
29.78
26.58
Profit Margin (%)
30.77
30.74
30.88
26.57
18.02
15.4
15.02
13.66
15.14
5.94
20.18
18.68
23.33
28.05
Working Capital
201
170
130
145
101
88
326
254
362
79
596
1,084
2,059
2,476
LT Debt
- -
- -
- -
- -
1,238
916
914
1,267
1,429
1,567
1,590
1,579
1,564
903
Total Equity
285
250
260
318
3,111
3,241
3,356
3,349
3,605
3,465
3,985
4,280
5,138
5,927
Return on Invested Capital (%)
67.33
71.25
78.34
62.17
- -
10.13
9.1
10.48
11.59
5.08
13.85
13.43
15.89
20
Return on Capital (%)
67.22
70.98
80.44
66.26
- -
10.36
9.33
11.07
11.58
5.16
14.76
13.97
18.03
21.77
Return on Common Equity (%)
67.22
70.98
80.44
64.69
23.43
13.43
11.37
13.97
15.21
6.65
20.44
18.51
23.36
27.39

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
676
675
650
LT Borrowings
794
794
795
LT Finance Leases
115
112
108
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
105
105
104
Market Capitalization
29,421
25,372
28,733

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
6,224
5,927
6,567
Cash, Cash Equivalents & STI
2,170
2,391
2,704
Accounts Receivable, Net
515
571
500
Inventories
- -
- -
- -
Total Current Liabilities
4,494
3,787
4,091
Payables & Accruals
325
459
425
ST Debt
676
675
650
Deferred Revenue
17
13
13

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
95.47%
9.24%
20.06%
Free Cash Flow
35.97%
16.78%
61.74%
Net Income, GAAP
35.08%
45.14%
43.81%
Sales/Revenue/Turnover
30.88%
6.84%
15.13%
Total Cash Common Dividend
15.05%
10.79%
13.99%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
957
974
1,056
1,108
4,095
2025
1,195
1,174
1,142
1,204
4,714
2026
1,273
1,443
1,359
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.98
1.34
2.09
1.88
7.28
2025
2.39
2.25
2.88
2.99
10.51
2026
3.68
3.37
4.1
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.55
0.55
0.63
0.63
2.37
2025
0.63
0.63
0.72
0.72
2.72
2026
0.72
0.72
0.86
- -
- -

Company Description

CEO
Craig Steven Donohue
Full Time Employees
1,661
Sector
Finance
Industry
Investment banks/Brokers
Address
433 West Van Buren Street Chicago IL United States 60607
IPO Date
May 27, 2010
Website
cboe.com
Business
Cboe Global Markets, Inc. (CBOE) operates as a leading global marketplace operator for trading of equities, options, futures, and derivatives products. The company provides trading and clearing services across multiple asset classes, including equity options on indices such as VIX volatility, SPX, and Russell 2000; futures on VIX, bitcoin, and commodities; North American equities via its Cboe BZX, BYX, EDGX, and EDGA exchanges; European equities through Cboe Europe Equities; and Canadian equities on the NEO Exchange. It offers data and analytics services, including market data feeds, index licensing, risk analytics, and portfolio management tools; connectivity and access solutions via its Bats Connect and Starlight networks; and regulatory services through market surveillance and compliance technology. Headquartered in Chicago, Illinois, Cboe Global Markets was founded in 1973 as the Chicago Board Options Exchange, the world's first standardized options exchange, and has expanded globally with operations in the United States, Europe, Canada, Asia-Pacific, and other regions. The company serves a diverse customer base of institutional investors, proprietary trading firms, broker-dealers, and retail traders, operating within the financial exchanges and data services industry segments. In recent developments, Cboe has pursued strategic expansions including the 2023 acquisition of ErisX to bolster its digital assets and crypto futures offerings, enhancing its cryptocurrency derivatives platform; a 2024 partnership with S7 Group to launch options trading on Moscow Exchange; and the introduction of new 24-hour trading sessions for select futures contracts to meet global demand for round-the-clock access. Additionally, the company completed the divestiture of its U.S. equities transaction reporting business in 2024 and announced enhancements to its Vela Trading Technologies suite for improved low-latency connectivity. These moves reflect Cboe's ongoing focus on innovation in derivatives, digital assets, and global market access amid evolving regulatory and technological landscapes.

Company News

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  • Cboe Launches Extended Trading Sessions for Select Single Stock and ETF Options

  • Cboe To Hire Catherine Grover as Executive Vice President and Chief Human Resources Officer

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  • PGIM to Transfer Listing of PGIM Active High Yield Bond ETF to Cboe BZX Exchange

  • Cboe Global Markets Reports Trading Volume for September 2026

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