Cboe Global Markets (CBOE) FY2022 results: revenue $4.0 billion, up 13.3% on the year
Cboe Global Markets, Inc. (CBOE) reported revenue of $4.0 billion for fiscal 2022, the year ended 31 December 2022, up 13.3% on the year before. Net income was $234 million, down 55.7%, and diluted earnings per share $2.19. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$4.0 billion
+13.3% on the year
FY2015FY2022
Operating margin
12.4%
23.1% a year earlier
FY2015FY2022
Net income
$234 million
-55.7% on the year
FY2015FY2022
Diluted EPS
$2.19
-55.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree 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.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
651
597
1,459
+9.1%
Capital expenditure
59.8
51.0
47.4
+17.3%
Free cash flow
591
546
1,411
+8.3%
Free cash flow margin
14.9%
15.6%
41.2%
Cash from investing
-835
-353
-430
Cash from financing
81.7
-200
-202
Depreciation and amortisation
167
167
158
-0.4%
Share-based compensation
30.7
26.6
21.7
+15.4%
Buybacks
101
81.3
349
+24.1%
Dividends paid
209
193
171
+8.3%
Dividend per share
$1.96
$1.80
$1.56
+8.9%
Diluted shares, weighted
107m
107m
109m
-0.5%
Shares outstanding at period end
106m
107m
107m
-0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
3,465
3,605
3,349
-3.9%
Debt
1,742
1,299
1,204
+34.1%
Operating lease liabilities
129
129
132
+0.1%
Other liabilities
1,662
1,781
1,832
-6.7%
Total liabilities and equity
6,999
6,814
6,516
+2.7%
Fixed assets
108
105
82.6
+2.9%
Goodwill
3,123
3,025
2,895
+3.2%
Intangible assets
1,663
1,669
1,729
-0.3%
Investments
91.7
37.1
92.4
+147.2%
Cash and equivalents
433
342
245
+26.6%
Receivables
370
327
337
+13.1%
Other assets
1,211
1,309
1,135
-7.5%
Total assets
6,999
6,814
6,516
+2.7%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.