Cboe Global Markets Inc

Cboe Global Markets Inc

CBOE · BATS · Financial Services / Financial Data & Stock Exchanges

375.42USD+6.53 (+1.77%)

Price History

Full chart

Market Stats

Previous Close368.89
Open371.03
Day Range369.65 – 378.19
52-Week Range226.52 – 369.38
Volume956.30K
Market Cap35.01B
P/E (TTM)26.13
Forward P/E27.78
EPS12.83
Dividend Yield1.01%
Beta0.41
50-Day Avg291.14
200-Day Avg290.97

About

Cboe Global Markets, Inc., through its subsidiaries, operates as a derivatives and securities exchange network that delivers trading, clearing, and investment solutions in the United States and internationally. It operates through five segments: Options, North American Equities, Europe and Asia Pacific, Futures, and Global FX. The Options segment includes options on market indices, stocks of individual corporations, and exchange-traded products (ETPs), such as exchange-traded funds (ETFs) and exchange-traded notes (ETNs). This segment also offers trading in listed options through a single system. The North American Equities segment comprises U.S. equities and ETP transaction services. This segment also includes listing services on Cboe Canada, ETP listings on BZX, the Cboe Global Markets, Inc. common stock listing, and applicable market data. The Europe and Asia Pacific segment provides pan-European derivatives transaction services; ETPs, including exchange-traded funds, exchange-traded notes, and exchange-traded commodities; international depository receipts; and an ETP listings business on regulated markets and clearing activities, as well as equities services. The Futures segment offers transaction services, including trading in VIX futures and other futures products, the licensing of proprietary market data, and access and capacity services. The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transaction services. The company also provides trading solutions and products in multiple asset classes, including equities, derivatives, and FX across North America, Europe, and Asia Pacific. It has strategic relationships with S&P Dow Jones Indices, LLC; Frank Russell Company; and FTSE International Limited. The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017. Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois.

Company Details

  • SectorFinancial Services
  • IndustryFinancial Data & Stock Exchanges
  • CEOMr. Craig Steven Donohue
  • Employees1.66K
  • Headquarters433 West Van Buren Street, Chicago, IL, United States, 60607, USA
  • Websitehttps://www.cboe.com

Leadership

  • Mr. Craig Steven DonohueCEO, President & Director · b. 1962
  • Ms. Jill M. Griebenow CPAExecutive VP & CFO · b. 1980
  • Mr. Timothy LipscombExecutive VP & CTO · b. 1975
  • Mr. John Patrick Sexton J.D.Executive VP, General Counsel & Corporate Secretary · b. 1965
  • Mr. Christopher Andrew IsaacsonAdvisor · b. 1978
  • Mr. Fredric J. Tomczyk A.C.A.Director · b. 1956
  • Mr. Scott L. JohnstonExecutive VP & COO · b. 1965
  • Mr. Allen L. Wilkinson CPASenior VP & Chief Accounting Officer · b. 1988
  • Mr. Kenneth William Hill C.F.A.Senior VP, Treasurer and Head of Investor Relations & Business Intelligence
  • Ms. Stacie FlemingSenior Vice President of Marketing & Communications

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue416.78M426.08M437.10M508.14M512.34M572.05M617.23M634.54M645.11M2.23B2.77B2.50B3.43B3.49B3.96B3.77B4.09B4.71B
Growth (%)-+2.23%+2.59%+16.25%+0.83%+11.65%+7.90%+2.81%+1.66%+245.54%+24.21%-9.85%+37.30%+1.98%+13.27%-4.67%+8.51%+15.13%
Cost of Revenue-218.90M41.35M47.82M46.13M56.58M66.11M102.10M136.70M1.23B1.55B1.36B2.17B2.02B2.22B1.86B2.02B2.41B
Gross Profit416.78M426.08M395.75M460.32M466.20M515.47M551.12M561.70M566.40M995.60M1.22B1.14B1.25B1.48B1.74B1.92B2.07B2.31B
Gross Margin100.00%100.00%90.54%90.59%91.00%90.11%89.29%88.52%87.80%44.66%43.95%45.55%36.60%42.24%44.00%50.83%50.61%48.93%
Operating Expense229.47M248.50M228.41M218.69M222.11M229.66M237.31M241.80M268.20M623.70M617.50M599.70M592.10M670.20M1.25B860.10M974.00M792.60M
Operating Income187.31M177.59M167.34M241.63M244.10M285.81M313.80M319.90M298.20M371.90M599.40M537.20M662.20M805.90M489.60M1.06B1.10B1.51B
Operating Margin44.94%41.68%38.28%47.55%47.64%49.96%50.84%50.41%46.22%16.68%21.65%21.52%19.32%23.06%12.37%28.03%26.83%32.12%
EBITDA219.08M205.83M195.48M275.15M275.67M320.42M349.70M370.30M356.70M566.20M813.20M715.80M857.60M971.50M659.70M1.27B1.27B1.74B
EBITDA Margin52.57%48.31%44.72%54.15%53.81%56.01%56.66%58.36%55.29%25.40%29.37%28.68%25.02%27.80%16.67%33.60%30.98%36.94%
Net Income115.29M106.45M99.40M139.41M157.40M176.00M189.71M205.02M186.82M401.70M426.50M374.90M468.20M529.00M235.00M761.40M764.90M1.10B
Net Income Margin27.66%24.98%22.74%27.43%30.72%30.77%30.74%32.31%28.96%18.02%15.40%15.02%13.66%15.14%5.94%20.18%18.68%23.33%
R&D---000000.470.150.210.20.190.220.110.28--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense19.00K875.00K896.00K879.00K00043.00K5.75M41.30M38.20M37.80M38.70M48.00M60.00M62.40M51.50M52.30M
Interest Expense % of Total Revenue0.00%0.21%0.20%0.17%0.00%0.00%0.00%0.01%0.89%1.85%1.38%1.51%1.13%1.37%1.52%1.65%1.26%1.11%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets496.14M571.95M254.11M327.87M338.86M441.59M383.90M384.79M477.17M5.27B5.32B5.11B6.52B6.81B7.00B7.49B7.79B9.31B
Total Liabilities114.48M497.23M78.24M91.60M99.74M157.07M133.83M125.14M159.22M2.16B2.08B1.76B3.17B3.21B3.53B3.50B3.51B4.17B
Total Equity381.66M74.72M175.87M236.27M239.12M284.52M250.07M259.64M317.95M3.11B3.24B3.36B3.35B3.60B3.47B3.98B4.28B5.14B
Cash281.42M383.73M53.79M134.94M135.60M221.34M147.93M102.25M97.30M143.50M275.10M229.30M245.40M341.90M432.70M543.20M920.30M2.22B
Total Debt-------1.90M1.84M1.35B1.22B970.60M1.34B1.43B1.87B1.61B1.60B1.68B
Net Debt-281.42M-383.73M-53.79M-134.94M-135.60M-221.34M-147.93M-102.25M-95.45M1.09B940.30M685.00M1.09B1.09B1.44B1.07B679.00M-531.80M

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow164.94M112.77M134.91M203.13M200.53M224.38M262.66M245.28M221.41M374.40M534.70M632.80M1.46B596.80M651.10M793.00M1.02B1.22B
Investing Cash Flow-64.12M-10.34M-32.54M-30.28M-32.98M-31.20M-52.14M-79.42M-84.39M-1.44B-25.60M-15.90M-430.50M-352.70M-835.10M-55.10M-141.80M450.20M
Financing Cash Flow-828.00K-119.00K-432.31M-91.70M-166.90M-107.44M-283.93M-211.53M-150.20M1.10B-371.60M-662.90M-201.70M-200.30M81.70M-656.10M-495.00M-371.60M
Capital Expenditure43.82M38.00M23.56M29.14M30.07M28.67M50.15M39.34M44.40M37.50M36.30M35.10M47.40M51.00M59.80M45.00M60.90M71.00M
Free Cash Flow121.13M74.77M111.36M173.99M170.47M195.71M212.50M205.94M177.01M336.90M498.40M597.70M1.41B545.80M591.30M748.00M963.70M1.15B
Dividends Paid--19.66M40.37M114.03M58.37M110.83M73.43M78.50M118.10M130.30M150.00M170.60M193.30M209.40M223.50M249.40M284.30M
FCF to OCF73.44%66.30%82.54%85.65%85.01%87.22%80.91%83.96%79.95%89.98%93.21%94.45%96.75%91.45%90.82%94.33%94.06%94.20%
Dividend Paid to FCF--17.66%23.20%66.89%29.82%52.15%35.66%44.35%35.05%26.14%25.10%12.09%35.42%35.41%29.88%25.88%24.66%

Earnings

Report DateAug 5, 2010Nov 4, 2010Feb 10, 2011May 5, 2011Aug 4, 2011Nov 3, 2011Feb 9, 2012May 1, 2012Aug 2, 2012Nov 1, 2012Feb 8, 2013May 3, 2013Aug 2, 2013Nov 1, 2013Feb 7, 2014May 6, 2014Aug 1, 2014Oct 31, 2014Feb 6, 2015May 1, 2015Jul 31, 2015Oct 30, 2015Feb 3, 2016Apr 29, 2016Jul 29, 2016Oct 28, 2016Feb 6, 2017May 9, 2017Aug 4, 2017Nov 7, 2017Feb 9, 2018May 4, 2018Aug 3, 2018Nov 2, 2018Feb 8, 2019May 3, 2019Aug 2, 2019Nov 1, 2019Feb 7, 2020May 1, 2020Jul 31, 2020Oct 30, 2020Feb 5, 2021Apr 30, 2021Jul 30, 2021Oct 29, 2021Feb 4, 2022Apr 29, 2022Jul 29, 2022Nov 4, 2022Feb 3, 2023May 5, 2023Aug 4, 2023Nov 3, 2023Feb 2, 2024May 3, 2024Aug 2, 2024Nov 1, 2024Feb 7, 2025May 2, 2025Aug 1, 2025Oct 31, 2025Feb 6, 2026May 1, 2026Jul 31, 2026
EPS Estimate0.280.220.290.340.330.460.350.370.410.390.420.470.510.450.480.560.500.540.660.470.500.730.550.620.600.560.600.690.860.880.881.281.031.021.370.991.071.151.131.541.241.071.231.401.361.441.541.681.691.651.761.871.771.862.032.042.102.192.122.362.432.532.953.383.49
EPS Actual0.280.200.300.360.360.500.370.370.440.430.450.500.540.470.520.580.500.570.640.500.540.760.590.610.590.580.630.780.870.890.871.381.051.061.541.111.131.291.211.651.311.111.211.531.381.451.701.731.671.741.801.901.782.062.062.152.152.222.102.502.462.673.063.703.56
Surprise0.00%-9.09%3.45%5.88%9.09%8.70%5.71%0.00%7.32%10.26%7.14%6.38%5.88%4.44%8.33%3.57%0.00%5.56%-3.03%6.38%8.00%4.11%7.27%-1.61%-1.67%3.57%5.00%13.04%1.16%1.14%-1.14%7.81%1.94%3.92%12.41%12.12%5.61%12.17%7.08%7.14%5.65%3.74%-1.63%9.29%1.47%0.69%10.39%2.98%-1.18%5.45%2.27%1.60%0.56%10.75%1.48%5.39%2.38%1.37%-0.94%5.93%1.23%5.53%3.73%9.47%2.01%
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap35.01B
Enterprise Value34.74B
Trailing P/E26.13
Forward P/E27.78
PEG Ratio3.01
Price / Sales6.92
Price / Book6.32
EPS12.83
Book Value53.81
Revenue (TTM)5.06B
Gross Profit (TTM)2.74B
EBITDA1.93B
Profit Margin26.73%
Operating Margin34.63%
Return on Equity26.30%
Return on Assets11.58%
Shares Outstanding104.43M
Shares Float104.04M
Beta0.41
Dividend Yield1.01%
Dividend Rate3.44
Payout Ratio23.25%

Analyst Ratings

Buy
Based on 14 analystsTarget 328.47
  • Strong Buy
    6
  • Buy
    1
  • Hold
    4
  • Sell
    2
  • Strong Sell
    1

Dividends

20263×
0.86Aug 31, 20260.72May 29, 20260.72Feb 27, 2026
20254×
0.72Nov 28, 20250.72Aug 29, 20250.63May 30, 20250.63Feb 28, 2025
20244×
0.63Nov 29, 20240.63Aug 30, 20240.55May 31, 20240.55Feb 28, 2024
20234×
0.55Nov 29, 20230.55Aug 30, 20230.50May 30, 20230.50Feb 27, 2023
20224×
0.50Nov 29, 20220.50Aug 30, 20220.48May 27, 20220.48Feb 25, 2022
20214×
0.48Nov 29, 20210.48Aug 30, 20210.42May 27, 20210.42Feb 25, 2021
20201×
0.42Nov 27, 2020