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CBOE Cboe Global Markets, Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-07-31, not restated
Financials

Scale

Market cap
$33.0bn
Revenue TTM
$5.1bn
Net income TTM
$1.4bn
Free cash flow
$1.9bn
Composite score
43.7
Sector rank
#317

Valuation

P / E
24.4
EV / EBITDA
16.8
EV / sales
6.2
FCF yield
5.68%
Earnings yield vs 10-yr
-0.63pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
26.7%
EBITDA margin
37.1%
ROE
24.1%
ROIC
43.6%
Revenue growth
11.7%

Insider activity, last 90 days

Net open-market
$-0.26m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

In 2025, following a comprehensive strategic review of its global business operations, Cboe initiated the wind down of its Japanese equities business, including the cessation of operations of its Cboe Japan proprietary trading system and Cboe BIDS Japan block trading platform, initiated a sales process for its Cboe Australia and Cboe Canada businesses, discontinued its U.S. and European Corporate Listings efforts, and reduced costs associated with its U.S. and European ETP Listings businesses, Cboe Europe Derivatives ("CEDX"), and several of Cboe’s smaller Risk and Market Analytics businesses. Segment performance is primarily evaluated on operating income (loss). …Cboe Global Markets, Inc., 10-Q, period ended 2026-06-30, filed 2026-07-31

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