8-K Announcements
6Feb 6, 2026·SEC
Jan 26, 2026·SEC
Oct 31, 2025·SEC
Cboe Global Markets, Inc. (CBOE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Cboe Global Markets, Inc. (CBOE) stock price & volume — 10-year historical chart
Cboe Global Markets, Inc. (CBOE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Cboe Global Markets, Inc. (CBOE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 1, 2026 | $3.70vs $3.34+10.8% | $729Mvs $703M+3.6% |
| Q1 2026 | Feb 6, 2026 | $3.06vs $2.94+4.1% | $671Mvs $660M+1.8% |
| Q4 2025 | Oct 31, 2025 | $2.67vs $2.53+5.5% | $1.1Bvs $624M+82.9% |
| Q3 2025 | Aug 1, 2025 | $2.46vs $2.42+1.7% | $1.2Bvs $574M+104.3% |
Cboe Global Markets, Inc. (CBOE) competitors in Exchanges, Clearing and Trading Venues — business model, growth, and fundamentals comparison
Cboe Global Markets, Inc. (CBOE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Cboe Global Markets, Inc. (CBOE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -41.3M | -38.2M | -35.9M | -37.6M | -47.4M | -56.4M | -50.4M | -24.2M | 49.4M |
| NII Growth % | -624.56% | 7.51% | 6.02% | -4.74% | -26.06% | -18.99% | 10.64% | 51.98% | 304.13% |
| Net Interest Margin % | -0.78% | -0.72% | -0.7% | -0.58% | -0.7% | -0.81% | -0.67% | -0.31% | 0.53% |
| Interest Income | 0 | 0 | 1.9M | 1.1M | 600K | 3.6M | 12M | 27.3M | 49.4M |
| Interest Expense | 41.3M | 38.2M | 37.8M | 38.7M | 48M | 60M | 62.4M | 51.5M | 0 |
| Loan Loss Provision | 1.19B | 1.51B | 1.32B | 2.13B | 1.97B | 2.16B | 1.79B | 1.97B | 2.41B |
| Non-Interest Income | 2.23B | 2.77B | 2.49B | 3.43B | 3.49B | 3.95B | 3.76B | 4.07B | 4.66B |
| Non-Interest Income % | 100% | 100% | 99.92% | 99.97% | 99.98% | 99.91% | 99.68% | 99.33% | 98.95% |
| Total Revenue | 2.23B▲ 0% | 2.77B▲ 24.2% | 2.5B▼ 9.8% | 3.43B▲ 37.3% | 3.49B▲ 2.0% | 3.96B▲ 13.3% | 3.77B▼ 4.7% | 4.09B▲ 8.5% | 4.71B▲ 15.1% |
| Revenue Growth % | 245.54% | 24.21% | -9.85% | 37.3% | 1.98% | 13.27% | -4.67% | 8.51% | 15.13% |
| Non-Interest Expense | 623.7M | 617.5M | 599.7M | 592.1M | 670.2M | 1.25B | 860.1M | 974M | 792.6M |
| Efficiency Ratio | 27.98% | 22.3% | 24.03% | 17.28% | 19.18% | 31.63% | 22.79% | 23.79% | 16.81% |
| Operating Income | 371.9M▲ 0% | 599.4M▲ 61.2% | 537.2M▼ 10.4% | 662.2M▲ 23.3% | 805.9M▲ 21.7% | 489.6M▼ 39.2% | 1.06B▲ 116.1% | 1.1B▲ 3.8% | 1.51B▲ 37.8% |
| Operating Margin % | 16.68% | 21.65% | 21.52% | 19.32% | 23.06% | 12.37% | 28.03% | 26.83% | 32.12% |
| Operating Income Growth % | 24.71% | 61.17% | -10.38% | 23.27% | 21.7% | -39.25% | 116.07% | 3.83% | 37.85% |
| Pretax Income | 334.4M▲ 0% | 571.2M▲ 70.8% | 501.4M▼ 12.2% | 660.4M▲ 31.7% | 756.1M▲ 14.5% | 432.9M▼ 42.7% | 1.05B▲ 142.0% | 1.08B▲ 3.5% | 1.57B▲ 44.5% |
| Pretax Margin % | 15% | 20.63% | 20.09% | 19.27% | 21.64% | 10.94% | 27.76% | 26.47% | 33.23% |
| Income Tax | -66.2M | 146M | 130.6M | 192.2M | 227.1M | 197.9M | 286.2M | 318.9M | 466.6M |
| Effective Tax Rate % | -19.8% | 25.56% | 26.05% | 29.1% | 30.04% | 45.71% | 27.32% | 29.42% | 29.78% |
| Net Income | 401.7M▲ 0% | 426.5M▲ 6.2% | 374.9M▼ 12.1% | 468.2M▲ 24.9% | 529M▲ 13.0% | 235M▼ 55.6% | 761.4M▲ 224.0% | 764.9M▲ 0.5% | 1.1B▲ 43.8% |
| Net Margin % | 18.02% | 15.4% | 15.02% | 13.66% | 15.14% | 5.94% | 20.18% | 18.68% | 23.33% |
| Net Income Growth % | 115.02% | 6.17% | -12.1% | 24.89% | 12.99% | -55.58% | 224% | 0.46% | 43.81% |
| Net Income (Continuing) | 400.6M | 425.2M | 370.8M | 468.2M | 529M | 235M | 761.4M | 764.9M | 1.1B |
| EPS (Diluted) | 3.69▲ 0% | 3.80▲ 3.0% | 3.35▼ 11.8% | 4.27▲ 27.5% | 4.92▲ 15.2% | 2.20▼ 55.3% | 7.13▲ 224.1% | 7.21▲ 1.1% | 10.42▲ 44.5% |
| EPS Growth % | 62.56% | 2.98% | -11.84% | 27.46% | 15.22% | -55.28% | 224.09% | 1.12% | 44.52% |
| EPS (Basic) | 3.70 | 3.81 | 3.37 | 4.28 | 4.93 | 2.21 | 7.16 | 7.24 | 10.46 |
| Diluted Shares Outstanding | 107.5M | 112.2M | 111.8M | 109.3M | 107.2M | 106.7M | 106.2M | 105.5M | 105.1M |
Cboe Global Markets, Inc. (CBOE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 190.8M | 310.8M | 300.3M | 337.8M | 379M | 524.4M | 600.7M | 1.03B | 2.25B |
| Cash & Due from Banks | 143.5M | 275.1M | 229.3M | 245.4M | 341.9M | 432.7M | 543.2M | 920.3M | 2.22B |
| Short Term Investments | 47.3M | 35.7M | 71M | 92.4M | 37.1M | 91.7M | 57.5M | 110.3M | 36.1M |
| Total Investments | 130M | 121.9M | 132.2M | 135.1M | 282.9M | 344.9M | 402.8M | 494M | 68.5M |
| Investments Growth % | 78.33% | -6.23% | 8.45% | 2.19% | 109.4% | 21.92% | 16.79% | 22.64% | -86.13% |
| Long-Term Investments | 82.7M | 86.2M | 61.2M | 42.7M | 245.8M | 253.2M | 345.3M | 383.7M | 32.4M |
| Accounts Receivables | 217.3M | 287.3M | 234.7M | 337.3M | 326.9M | 369.8M | 337.3M | 444.6M | 391.4M |
| Goodwill & Intangibles | 4.61B | 4.41B | 4.27B | 4.62B | 4.69B | 4.79B | 4.75B | 4.55B | 4.45B |
| Goodwill | 2.71B | 2.69B | 2.68B | 2.9B | 3.03B | 3.12B | 3.14B | 3.12B | 3.15B |
| Intangible Assets | 1.9B | 1.72B | 1.59B | 1.73B | 1.67B | 1.66B | 1.6B | 1.42B | 1.3B |
| PP&E (Net) | 78.8M | 76.6M | 100.4M | 193.6M | 217.6M | 222.2M | 245.8M | 242.5M | 244.1M |
| Other Assets | -430.7M | -373.9M | -327M | -288.3M | -246.9M | -41M | 171.7M | 135.9M | 159.7M |
| Total Current Assets | 436.7M | 683.7M | 607.6M | 1.57B | 1.53B | 1.56B | 1.98B | 2.48B | 4.42B |
| Total Non-Current Assets | 4.83B | 4.64B | 4.51B | 4.95B | 5.28B | 5.44B | 5.51B | 5.31B | 4.88B |
| Total Assets | 5.27B▲ 0% | 5.32B▲ 1.1% | 5.11B▼ 3.9% | 6.52B▲ 27.4% | 6.81B▲ 4.6% | 7B▲ 2.7% | 7.49B▲ 7.0% | 7.79B▲ 4.0% | 9.31B▲ 19.5% |
| Asset Growth % | 1004.62% | 1.05% | -3.89% | 27.43% | 4.57% | 2.71% | 6.98% | 4.03% | 19.47% |
| Return on Assets (ROA) | 13.99% | 8.06% | 7.19% | 8.05% | 7.94% | 3.4% | 10.51% | 10.01% | 12.87% |
| Accounts Payable | 43.2M | 12.8M | 21M | 28.5M | 19.5M | 27.5M | 24.7M | 17.9M | 686.9M |
| Total Debt | 1.24B | 1.22B | 914.3M | 1.34B | 1.43B | 1.87B | 1.61B | 1.6B | 1.68B |
| Net Debt | 1.09B | 940.3M | 685M | 1.09B | 1.09B | 1.44B | 1.07B | 679M | -531.8M |
| Long-Term Debt | 1.24B | 915.6M | 867.6M | 1.14B | 1.3B | 1.44B | 1.44B | 1.44B | 1.56B |
| Short-Term Debt | 0 | 299.8M | 0 | 68.7M | 0 | 304.7M | 0 | 0 | 0 |
| Other Liabilities | 95M | 131.7M | 162.7M | 209.4M | 239.2M | 266.9M | 311.3M | 348.1M | 0 |
| Total Current Liabilities | 334M | 595.9M | 281.6M | 1.31B | 1.17B | 1.48B | 1.38B | 1.4B | 2.36B |
| Total Non-Current Liabilities | 1.82B | 1.48B | 1.48B | 1.85B | 2.04B | 2.06B | 2.12B | 2.11B | 1.8B |
| Total Liabilities | 2.16B | 2.08B | 1.76B | 3.17B | 3.21B | 3.53B | 3.5B | 3.51B | 4.17B |
| Total Equity | 3.11B▲ 0% | 3.24B▲ 4.2% | 3.36B▲ 3.5% | 3.35B▼ 0.2% | 3.6B▲ 7.6% | 3.47B▼ 3.9% | 3.98B▲ 15.0% | 4.28B▲ 7.4% | 5.14B▲ 20.1% |
| Equity Growth % | 878.48% | 4.19% | 3.54% | -0.2% | 7.64% | -3.87% | 15% | 7.39% | 20.06% |
| Equity / Assets (Capital Ratio) | 59.07% | 60.91% | 65.62% | 51.39% | 52.9% | 49.51% | 53.22% | 54.94% | 55.22% |
| Return on Equity (ROE) | 23.43% | 13.43% | 11.37% | 13.97% | 15.21% | 6.65% | 20.44% | 18.51% | 23.36% |
| Book Value per Share | 28.94 | 28.89 | 30.01 | 30.64 | 33.63 | 32.48 | 37.52 | 40.56 | 48.89 |
| Tangible BV per Share | -13.95 | -10.43 | -8.20 | -11.67 | -10.16 | -12.37 | -7.16 | -2.54 | 6.57 |
| Common Stock | 1.2M | 1.2M | 1.2M | 1.2M | 1.1M | 1.1M | 1.1M | 1M | 1M |
| Additional Paid-in Capital | 2.62B | 2.66B | 2.69B | 2.71B | 1.51B | 1.46B | 1.48B | 1.51B | 1.57B |
| Retained Earnings | 993.3M | 1.29B | 1.51B | 1.81B | 2.15B | 2.17B | 2.53B | 2.82B | 3.54B |
| Accumulated OCI | 50.7M | 11.5M | 37.6M | 74.6M | 55.6M | -31M | -9.4M | -48.4M | 30.1M |
| Treasury Stock | -558.3M | -720.1M | -887.1M | -1.25B | -106.8M | -131M | -10.5M | -1.4M | -1.5M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cboe Global Markets, Inc. (CBOE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 374.4M | 534.7M | 632.8M | 1.46B | 596.8M | 868.6M | 793M | 1.02B | 1.22B |
| Operating CF Growth % | 69.09% | 42.82% | 18.35% | 130.53% | -59.09% | 45.54% | -8.7% | 29.21% | 19.47% |
| Net Income | 396.7M | 422.1M | 372.7M | 467M | 527.3M | 234.1M | 757.5M | 761M | 1.09B |
| Depreciation & Amortization | 192.2M | 204M | 176.6M | 158.5M | 167.4M | 166.8M | 158M | 133M | 122.4M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -160.4M | -4.6M | 31.4M | -10.1M | 15.7M | 334.3M | -15.5M | 109.5M | 6.8M |
| Working Capital Changes | -54.1M | -86.8M | 52.1M | 843.4M | -113.6M | 133.4M | -107M | 21.1M | 100K |
| Cash from Investing | -1.44B | -25.6M | -15.9M | -430.5M | -352.7M | -835.1M | -55.1M | -141.8M | 450.2M |
| Purchase of Investments | -140M | -168M | -108.8M | -234.6M | -311M | -119.3M | -146.9M | -155.8M | -177.3M |
| Sale/Maturity of Investments | 155.1M | 178.7M | 98M | 202.5M | 160.2M | 52.3M | 135.7M | 67.9M | 689.9M |
| Net Investment Activity | 15.1M | 10.7M | -10.8M | -32.1M | -150.8M | -67M | -11.2M | -87.9M | 512.6M |
| Acquisitions | -1.41B | 0 | 0 | -351.5M | -151.5M | -708.3M | 0 | 4M | 0 |
| Other Investing | 0 | 0 | 30M | 500K | 600K | 0 | 1.1M | 3M | 8.6M |
| Cash from Financing | 1.1B | -371.6M | -662.9M | -201.7M | -200.3M | 81.7M | -656.1M | -495M | -371.6M |
| Dividends Paid | -118.1M | -130.3M | -150M | -170.6M | -193.3M | -209.4M | -223.5M | -249.4M | -284.3M |
| Share Repurchases | -26.1M | -161.8M | -167.9M | -363.3M | -87.5M | -110.4M | -114.5M | -225.7M | -96.5M |
| Stock Issued | 2M | 2.1M | 9.3M | 200K | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -24.1M | -159.7M | -158.6M | -363.1M | -87.5M | -110.4M | -114.5M | -225.7M | -96.5M |
| Debt Issuance (Net) | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 0 | 0 |
| Other Financing | 0 | -56.6M | -4.3M | -2.2M | -9.5M | -37.2M | -13.1M | -19.9M | 9.2M |
| Net Change in Cash | 46.2M▲ 0% | 131.6M▲ 184.8% | -45.8M▼ 134.8% | 16.1M▲ 135.2% | 96.5M▲ 499.4% | 90.8M▼ 5.9% | 115.6M▲ 27.3% | 372M▲ 221.8% | 36.2M▼ 90.3% |
| Exchange Rate Effect | 8.6M | -5.9M | 200K | -810.5M | 52.7M | -24.4M | 33.8M | -15.8M | -1.27B |
| Cash at Beginning | 97.3M | 143.5M | 275.1M | 229.3M | 245.4M | 341.9M | 432.7M | 548.3M | 920.3M |
| Cash at End | 143.5M | 275.1M | 229.3M | 245.4M | 341.9M | 432.7M | 548.3M | 920.3M | 956.5M |
| Interest Paid | 27M | 38.7M | 0 | 29.2M | 42.1M | 51M | 56.7M | 100.1M | 0 |
| Income Taxes Paid | 177.4M | 213.4M | 0 | 191.5M | 209.8M | 271.1M | 286.4M | 362.4M | 0 |
| Free Cash Flow | 336.9M▲ 0% | 498.4M▲ 47.9% | 597.7M▲ 19.9% | 1.41B▲ 136.1% | 545.8M▼ 61.3% | 808.8M▲ 48.2% | 748M▼ 7.5% | 963.7M▲ 28.8% | 1.15B▲ 19.7% |
| FCF Growth % | 90.33% | 47.94% | 19.92% | 136.14% | -61.33% | 48.19% | -7.52% | 28.84% | 19.65% |
Cboe Global Markets, Inc. (CBOE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 64.69% | 23.43% | 13.43% | 11.37% | 13.97% | 15.21% | 6.65% | 20.44% | 18.51% | 23.36% |
| Return on Assets (ROA) | 43.37% | 13.99% | 8.06% | 7.19% | 8.05% | 7.94% | 3.4% | 10.51% | 10.01% | 12.87% |
| Net Interest Margin | -1.2% | -0.78% | -0.72% | -0.7% | -0.58% | -0.7% | -0.81% | -0.67% | -0.31% | 0.53% |
| Efficiency Ratio | 41.57% | 27.98% | 22.3% | 24.03% | 17.28% | 19.18% | 31.63% | 22.79% | 23.79% | 16.81% |
| Equity / Assets | 66.69% | 59.07% | 60.91% | 65.62% | 51.39% | 52.9% | 49.51% | 53.22% | 54.94% | 55.22% |
| Book Value / Share | 3 | 28.94 | 28.89 | 30.01 | 30.64 | 33.63 | 32.48 | 37.52 | 40.56 | 48.89 |
| NII Growth | - | -624.56% | 7.51% | 6.02% | -4.74% | -26.06% | -18.99% | 10.64% | 51.98% | 304.13% |
| Dividend Payout | 42.02% | 29.4% | 30.55% | 40.01% | 36.44% | 36.54% | 89.11% | 29.35% | 32.61% | 25.85% |
Cboe Global Markets, Inc. (CBOE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 6, 2026·SEC
Jan 26, 2026·SEC
Oct 31, 2025·SEC
Cboe Global Markets, Inc. (CBOE) stock FAQ — growth, dividends, profitability & financials explained
Cboe Global Markets, Inc. (CBOE) grew revenue by 15.1% over the past year. This is strong growth.
Yes, Cboe Global Markets, Inc. (CBOE) is profitable, generating $1.10B in net income for fiscal year 2025 (23.3% net margin).
Yes, Cboe Global Markets, Inc. (CBOE) pays a dividend with a yield of 0.79%. This makes it attractive for income-focused investors.
Cboe Global Markets, Inc. (CBOE) has a return on equity (ROE) of 23.4%. This is excellent, indicating efficient use of shareholder capital.
Cboe Global Markets, Inc. (CBOE) has a net interest margin (NIM) of 0.5%. NIM has been under pressure due to interest rate environment.
Cboe Global Markets, Inc. (CBOE) has an efficiency ratio of 16.8%. This is excellent, indicating strong cost control.
Cboe Global Markets, Inc. (CBOE) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates