Cboe Global Markets (CBOE) FY2024 results: revenue $4.1 billion, up 8.5% on the year
Cboe Global Markets, Inc. (CBOE) reported revenue of $4.1 billion for fiscal 2024, the year ended 31 December 2024, up 8.5% on the year before. Net income was $765 million, up 0.5%, and diluted earnings per share $7.21. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2025.
Revenue
$4.1 billion
+8.5% on the year
FY2017FY2024
Operating margin
26.8%
28.0% a year earlier
FY2017FY2024
Net income
$765 million
+0.5% on the year
FY2017FY2024
Diluted EPS
$7.21
+1.1% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,101
1,076
651
+2.3%
Capital expenditure
60.9
45.0
59.8
+35.3%
Free cash flow
1,040
1,031
591
+0.9%
Free cash flow margin
25.4%
27.3%
14.9%
Cash from investing
-142
-55.1
-835
Cash from financing
-495
-656
81.7
Depreciation and amortisation
133
158
167
-15.8%
Share-based compensation
41.8
41.3
30.7
+1.2%
Buybacks
205
83.9
101
+144.1%
Dividends paid
249
224
209
+11.6%
Dividend per share
$2.36
$2.10
$1.96
+12.4%
Diluted shares, weighted
106m
106m
107m
-0.7%
Shares outstanding at period end
105m
106m
106m
-0.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
4,280
3,985
3,465
+7.4%
Debt
1,441
1,439
1,742
+0.1%
Operating lease liabilities
138
151
129
-8.2%
Other liabilities
1,930
1,912
1,662
+0.9%
Total liabilities and equity
7,789
7,488
6,999
+4.0%
Fixed assets
118
109
108
+8.1%
Goodwill
3,124
3,141
3,123
-0.5%
Intangible assets
1,377
1,562
1,663
-11.8%
Investments
110
57.5
91.7
+91.8%
Cash and equivalents
920
543
433
+69.4%
Receivables
445
337
370
+31.8%
Other assets
1,695
1,738
1,211
-2.5%
Total assets
7,789
7,488
6,999
+4.0%
10-K for the year ended 31 December 2024, filed 21 February 2025: the filing.