greeksoup/ stocks
Stocks / United States / CBOE · Security & Commodity Brokers, Dealers, Exchanges & Services · CBOE

Cboe Global Markets, Inc. (CBOE)

Compare with another name

Cboe Global Markets, Inc. (CBOE) reported revenue of $1.4 billion for Q2 FY2026, the quarter ended 30 June 2026, up 22.9% on the same quarter a year earlier. Net income was $353 million, up 50.2% on the year, and diluted earnings per share $3.35. The figures are the company's own, from the 10-Q it filed with the SEC on 31 July 2026.

Revenue$1.4 billionup 22.9%
Net income$353 millionup 50.2%
Diluted EPS$3.35
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE24.1%
ROCE24.8%
Operating margin34.7%
Net margin26.7%
FCF margin37.0%
Interest cover33.06
Debt to equity0.26
Cash conversion1.45
Share count, 1 year-0.0%
Sales CAGR, 3 years6.0%
Profit CAGR, 3 years67.5%
EPS, TTM$12.83

At the close of 21 September 2026

Price$271.43
Market cap$28.4 billion
Stock P/E21.16
Price to book5.04
EV / EBITDA14.69
Dividend yield1.0%
Market cap / sales5.61
52-week high$366.70
52-week low$231.51
Price, 1 year16.5%
Price CAGR, 3 years20.0%
Price CAGR, 5 years17.0%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Cboe Global Markets, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on CBOE

Filings15 in twelve months: 8 current reports (8-K), about 4 results of operations; 2 material agreement; 2 new financial obligation; 1 shareholder vote; 1 exit or disposal costs
Planned insider sales7 Form 144 notices in twelve months, $3.5 million; latest 12 August 2026
Options tapeput/call 1.26 by open interest on 23 September 2026; the straddle prices a 2.9% move to 25 September 2026
Holders9 of the followed funds hold it; largest FMR LLC; 6 Schedule 13D or 13G filings in twelve months
Insider trading5 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest3.1 million shares short, 2.70 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue9099699579741,0561,1081,1951,1741,1421,2041,2731,443
Cost of revenue428470455460524583630586536533544711
Gross profit480499502514532524565587606671729732
Gross margin53%52%52%53%50%47%47%50%53%56%57%51%
Operating income271294282210307298354339370404506476
Operating margin30%30%30%22%29%27%30%29%32%34%40%33%
Interest expense15.413.213.012.812.812.912.812.913.313.313.313.2
Pre-tax income270288292203309280350335430452516495
Tax rate23%26%28%31%29%30%28%30%30%31%25%29%
Net income207215210140218196251235301314386353
Net margin23%22%22%14%21%18%21%20%26%26%30%24%
Diluted EPS$1.95$1.98$1.96$1.33$2.07$1.85$2.37$2.23$2.85$2.97$3.66$3.35
Operating cash flow737-1898961,494-578-7109133341543521,960-503
Capital expenditure7.717.17.317.812.023.814.720.316.020.019.233.1
Free cash flow729-2068881,476-590-7348983131383321,941-536
Buybacks0.05.876.610126.40.530.036.70.00.040.934.4
Dividends paid58.558.558.558.266.366.466.466.475.775.875.875.7
Shares outstanding106m106m105m105m105m105m105m105m105m105m105m105m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014FY2015 FY2016 FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue6176647032,2292,7692,4963,4273,4953,9583,7744,0944,7145,061
Cost of revenuen/a1021371,2341,5521,3592,1732,0192,2171,8562,0222,2852,324
Gross profitn/a5625669961,2171,1371,2541,4761,7421,9182,0722,4292,737
Gross marginn/a84.6%80.6%44.7%44.0%45.5%36.6%42.2%44.0%50.8%50.6%51.5%54.1%
Operating income3143202983725995376628064901,0581,0981,4671,756
Operating margin50.8%48.2%42.4%16.7%21.6%21.5%19.3%23.1%12.4%28.0%26.8%31.1%34.7%
Interest expense0.00.05.742.640.537.838.748.060.062.451.552.353.1
Pre-tax income3103243073345715016607564331,0481,0841,5671,892
Income tax120119121-66.2146131192227198286319467539
Effective tax rate38.7%36.7%39.4%-19.8%25.6%26.0%29.1%30.0%45.7%27.3%29.4%29.8%28.5%
Net income1902051874024263754685292347617651,1001,353
Net margin30.7%30.9%26.6%18.0%15.4%15.0%13.7%15.1%5.9%20.2%18.7%23.3%26.7%
Diluted EPS$2.21$2.46$2.27$3.69$3.76$3.34$4.27$4.92$2.19$7.13$7.21$10.42$12.83
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014FY2015 FY2016 FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flown/a2452303745356331,4595976511,0761,1011,7531,963
Capital expenditure50.239.344.437.536.335.147.451.059.845.060.971.088.3
Free cash flown/a2061853374985981,4115465911,0311,0401,6821,874
Free cash flow marginn/a31.0%26.3%15.1%18.0%23.9%41.2%15.6%14.9%27.3%25.4%35.7%37.0%
Depreciation and amortisation39.946.344.4192204177158167167158133122120
Share-based compensation15.612.214.552.635.121.821.726.630.741.341.850.453.2
Buybacks16813260.5n/a14115734981.310183.920566.775.3
Dividends paidn/a73.478.5118130150171193209224249284303
Dividend per share$0.78$0.88$0.96$1.04$1.16$1.34$1.56$1.80$1.96$2.10$2.36$2.70n/a
Diluted shares, weighted85m83m81m108m112m112m109m107m107m106m106m105m105m
Shares outstanding at period end84m82m81m113m112m111m107m107m106m106m105m105m105m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015 FY2016 FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets3843854775,2665,3215,1146,5166,8146,9997,4887,7899,30510,609
Cash and equivalents14810297.31442752292453424335439202,2162,276
Receivables58.462.576.7217287235337327370337445391571
Goodwill0.07.726.52,7072,6912,6822,8953,0253,1233,1413,1243,1503,048
Long-term debtn/an/a0.01,2381,2158681,2041,2991,7421,4391,4411,4431,444
Borrowings, as the company tags themn/an/an/a1,2501,2258751,2201,3101,7551,4501,4501,4501,450
Operating lease liabilitiesn/an/an/an/an/a46.7132129129151138121112
Shareholders' equity2502603183,1113,2413,3563,3493,6053,4653,9854,2805,1385,626
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded21.7%6.6%6.0%11.7%
Profit growth, compounded18.3%18.6%67.5%50.2%
Return on equity, average19.0%16.0%19.5%21.4%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Security & Commodity Brokers, Dealers, Exchanges & Services

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
CME Group Inc. CME$99.5 billion23.3716.3%65.1%5.1%0.131.8%
Intercontinental Exchange, Inc. ICE$87.2 billion21.9413.7%40.7%6.9%0.671.3%
Nasdaq, Inc. NDAQ$53.2 billion27.6116.4%29.5%7.9%0.731.2%
Cboe Global Markets, Inc. CBOE$28.4 billion21.1624.1%34.7%11.7%0.261.0%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 202631 July 2026EDGAR
10-Q31 March 20261 May 2026EDGAR
10-K31 December 202520 February 2026EDGAR
10-Q30 September 202531 October 2025EDGAR
10-Q30 June 20251 August 2025EDGAR
10-Q31 March 20252 May 2025EDGAR
10-K31 December 202421 February 2025EDGAR
10-Q30 September 20241 November 2024EDGAR
10-Q30 June 20242 August 2024EDGAR
10-Q31 March 20243 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install