CME Group (CME) FY2023 results: revenue $5.6 billion, up 11.1% on the year
CME Group Inc. (CME) reported revenue of $5.6 billion for fiscal 2023, the year ended 31 December 2023, up 11.1% on the year before. Net income was $3.2 billion, up 19.9%, and diluted earnings per share $8.86. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2024.
Revenue
$5.6 billion
+11.1% on the year
FY2016FY2023
Operating margin
61.6%
60.1% a year earlier
FY2016FY2023
Net income
$3.2 billion
+19.9% on the year
FY2016FY2023
Diluted EPS
$8.86
+19.7% on the year
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
3,454
3,056
2,402
+13.0%
Capital expenditure
76.4
89.7
127
-14.8%
Free cash flow
3,377
2,966
2,275
+13.9%
Free cash flow margin
60.5%
59.1%
48.5%
Cash from investing
20.9
-490
58.4
Cash from financing
-48,339
-25,382
69,909
Depreciation and amortisation
126
135
148
-6.6%
Share-based compensation
82.9
84.3
75.2
-1.7%
Dividends paid
3,236
2,634
2,189
+22.9%
Dividend per share
$8.50
$8.50
$6.85
0.0%
Diluted shares, weighted
360m
359m
359m
+0.1%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
26,738
26,879
27,399
-0.5%
Non-controlling interest
n/a
n/a
0.0
Short-term borrowings
0.0
16.0
n/a
Debt
3,425
3,422
3,445
+0.1%
Operating lease liabilities
344
384
449
-10.3%
Finance lease liabilities
59.4
67.8
75.9
-12.4%
Other liabilities
99,139
143,407
165,411
-30.9%
Total liabilities and equity
129,706
174,176
196,780
-25.5%
Fixed assets
410
456
505
-10.1%
Goodwill
10,495
10,482
10,528
+0.1%
Intangible assets
3,050
3,270
3,532
-6.7%
Investments
112
96.0
115
+16.4%
Trading assets
101
84.5
98.6
+19.9%
Cash and equivalents
2,912
2,720
2,835
+7.1%
Receivables
536
483
434
+10.8%
Other assets
112,090
156,584
178,732
-28.4%
Total assets
129,706
174,176
196,780
-25.5%
10-K for the year ended 31 December 2023, filed 28 February 2024: the filing.