Cboe Global Markets CBOE
- Market cap
- $35.6B
- PE
- 26.5×
- 10y median 28.5×
- Forward PE
- 23.8×
- 10y median 20.8×
- Price to sales
- 7.0×
- EV/EBIT
- 19.4×
- Revenue, 12 months
- $5.1B
- +12% on a year ago
- Net margin
- 26.7%
- Free cash flow yield
- 5.3%
Cboe Global Markets trades at 26.5× trailing earnings, near its ten-year median. Revenue was $5.1B over the last twelve months, up 12% on a year earlier with a 27% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $908.8M−9% | $968.7M−4% | $957.2M−3% | $974M+7% | $1.1B+16% | $1.1B+14% | $1.2B+25% | $1.2B+21% | $1.1B+8% | $1.2B+9% | $1.3B+7% | $1.4B+23% | |
| Cost of revenue | $428.3M−22% | $469.7M−14% | $455.1M−12% | $460.2M+4% | $523.7M+22% | $583.1M+24% | $629.8M+38% | $586.2M+27% | $536.2M+2% | $532.9M−9% | $543.9M−14% | $711.2M+21% |
| Gross profit | $480.5M+9% | $499M+9% | $502.1M+7% | $513.8M+10% | $532M+11% | $524.5M+5% | $565.2M+13% | $587.3M+14% | $605.5M+14% | $671.1M+28% | $728.9M+29% | $731.6M+25% |
| $271.2M+15% | $294M+17% | $282.4M+14% | $210.1M−14% | $307.4M+13% | $298.5M+2% | $353.9M+25% | $339.1M+61% | $370.3M+21% | $403.8M+35% | $505.6M+43% | $476M+40% | |
| Interest expense | $15.4M−4% | $13.2M−23% | $13M−24% | $12.8M−23% | $12.8M−17% | $12.9M−2% | $12.8M−2% | $12.9M+1% | $13.3M+4% | $13.3M+3% | $13.3M+4% | $13.2M+2% |
| Pre-tax income | $270.1M+18% | $287.5M+22% | $292.1M+18% | $203M−16% | $309M+14% | $279.7M−3% | $350.2M+20% | $334.6M+65% | $430.1M+39% | $451.7M+62% | $515.5M+47% | $494.7M+48% |
| $61.9M−21% | $75.5M−1% | $82.6M+10% | $62.6M−15% | $90.5M+46% | $83.2M+10% | $99.6M+21% | $99.5M+59% | $129.3M+43% | $138.2M+66% | $129.8M+30% | $141.6M+42% | |
| Net income | $208.2M+39% | $212M+33% | $209.5M+21% | $140.4M−16% | $218.5M+5% | $196.5M−7% | $250.6M+20% | $235.1M+68% | $300.8M+38% | $313.5M+60% | $385.7M+54% | $353.1M+50% |
| $1.95+38% | $1.98+33% | $1.96+20% | $1.33−15% | $2.07+6% | $1.86−6% | $2.37+21% | $2.23+68% | $2.85+38% | $2.97+60% | $3.66+54% | $3.35+50% | |
| 106.1M−0% | 106.2M−1% | 106.1M−0% | 105.4M−1% | 105.1M−1% | 105.2M−1% | 105.1M−1% | 105M−0% | 104.9M−0% | 105.1M−0% | 105M−0% | 104.9M−0% |
EPS, diluted: 12 periods, Q4 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 16 periods, Q4 FY10 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $707.6M | $689.9M to $714.4M | $3.42 | $3.29 to $3.53 | 10 |
| Q4 FY26 | $712.1M | $688.9M to $741.9M | $3.42 | $3.24 to $3.62 | 9 |
| Q1 FY27 | $744.2M | $716.6M to $773.8M | $3.71 | $3.53 to $3.90 | 6 |
| Q2 FY27 | $756.9M | $728.9M to $787.1M | $3.75 | $3.57 to $3.95 | 3 |
| Q3 FY27 | $744.5M | $717M to $774.2M | $3.76 | $3.58 to $3.95 | 3 |
| Q4 FY27 | $755.8M | $727.9M to $786M | $3.79 | $3.61 to $3.99 | 6 |
| Q1 FY28 | $811M | $781M to $843.4M | $4.26 | $4.06 to $4.48 | 8 |
| Q2 FY28 | $809.2M | $779.3M to $841.5M | $4.14 | $3.94 to $4.35 | 4 |
Peers
Companies in Financial - Data & Stock Exchanges nearest Cboe Global Markets' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| CBOECboe Global Markets | $35.6B | 26.5× | 28.5× | 23.8× | 7.0× | +12% | 26.7% |
| COINCoinbase Global | $43.4B | n/m | 34.6× | 217× | 6.9× | −10% | −15.7% |
| MSCIMSCI | $44.8B | 33.7× | 40.1× | 29.2× | 13.4× | +12% | 40.7% |
| NDAQNasdaq | $57.3B | 29.9× | 27.9× | 23.5× | 6.6× | +8% | 22.5% |
| TRUTransUnion | $15.6B | 21.5× | 45.7× | n/m | 3.2× | +12% | 15.1% |
| MCOMoody's | $83.7B | 30.7× | 34.4× | 27.2× | 10.3× | +12% | 34.3% |
| ICEIntercontinental Exchange | $91.4B | 23.0× | 25.9× | 19.6× | 6.8× | +7% | 30.1% |
| CMECME | $109.9B | 25.9× | 26.2× | 24.5× | 16.2× | +5% | 63.9% |
| SPGIS&P Global | $132.8B | 27.4× | 32.8× | 23.9× | 8.2× | +10% | 30.5% |
| SNEXStoneX | $6.8B | 11.5× | 11.3× | n/m | 0.0× | +21% | 0.3% |
| BGCBGC | $5.6B | 28.8× | 30.6× | n/m | 1.7× | +28% | 6.0% |
| Peer median | $51B | 27.4× | 31.7× | 24.5× | 6.9× | +11% | 26.3% |
Investors who own it
Investors we follow who held Cboe Global Markets at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group0.1% of portfolio
More on Cboe Global Markets
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #1of 11Financial data and exchange stocks with the lowest EV/EBIT
- #3of 10Financial data and exchange stocks with the fastest earnings growth
- #4of 11Financial data and exchange stocks with the fastest revenue growth
- #5of 10Financial data and exchange stocks with the lowest PE ratio
- #6of 11Financial data and exchange stocks with the highest profit margins
- #7of 11Financial data and exchange stocks with the lowest price to sales ratio
Its groups
About
- Industry
- Financial - Data & Stock Exchanges
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .