Cboe Global Markets, Inc. (CBOE)

298.38USD -0.04% (-0.12)

Over 1M: +4.1%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

280 290 300 310
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '25 — Revenue: 1.1B Q3 '25 — Operating Income: 370.3M Q3 '25 — Operating Cash Flow: 153.9M Q4 '25 — Revenue: 1.2B Q4 '25 — Operating Income: 403.8M Q4 '25 — Operating Cash Flow: 352.1M Q1 '26 — Revenue: 1.3B Q1 '26 — Operating Income: 505.6M Q1 '26 — Operating Cash Flow: 2B Q2 '26 — Revenue: 1.4B Q2 '26 — Operating Income: 476M Q2 '26 — Operating Cash Flow: -503.2M -500M 0 500M 1B 1.5B 2B
Q3 '25 Q4 '25 Q1 '26 Q2 '26
Revenue Operating Income Operating Cash Flow

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.6
OE margin 36.7%
Oper. margin 34.7%
ROIC 26.0%
Accruals -5.7%
FCF margin 37.7%
OCF margin 38.8%
ROA 12.8%
ROCE 25.7%
ROE 24.1%
Gross margin 54.1%
OCF / EBIT 1.1×

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

8.2
EV/OE 16.6×
EV/EBIT 17.6×
FCF yield 6.1%
P/C 13.0×
P/E 23.0×
Div. yield 0.97%
P/B 5.5×
EV/GP 11.3×
EV/Sales 6.1×
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.2
RPO / sales 0.0026×
Segment HHI 0.47 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

7.5
ND/EBITDA 0.0096
Debt payback 0.0 yr
F-score 8.0 pts
Cash / Debt 1.1×
Debt / Eq 0.37×
Payout 22.4%
Quick ratio 1.6×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.6
Sales/sh Y/Y +12.1%
Div. growth +14.0%
EBIT CAGR +44.1%
EPS CAGR 4Y +20.6%
Shares change -0.38%
EBIT Y/Y +35.2%
EPS Y/Y +50.8%
Sales Q/Q +22.9%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.