CME Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	3,764	3,526	3,226	2,691	2,636	2,105
Depreciation & Amortization	331.9	336.8	352.6	362.6	385.4	464.4
Loss (Gain) From Sale of Assets	-	-	-	-	-30.4	26.3
Loss (Gain) From Sale of Investments	5.1	-3.6	-72.1	-4.8	-117	5.5
Loss (Gain) on Equity Investments	-	-	-	-	-400.7	-
Stock-Based Compensation	93	89.5	82.9	84.3	75.2	96
Other Operating Activities	-95	-69.4	-40.6	18.1	15.3	-41
Change in Accounts Receivable	-14.1	-39.4	-51.5	-51.1	-45.7	28.2
Change in Accounts Payable	-55	-10.7	-30.8	72.5	-18.6	7.4
Change in Income Taxes	38.2	-117.4	-77.1	-147.8	-120.5	4.7
Change in Other Net Operating Assets	93.1	-21.1	64.2	31.2	23	18.9
Operating Cash Flow	4,161	3,691	3,454	3,056	2,402	2,716
Operating Cash Flow Growth	11.95%	6.85%	13.02%	27.21%	-11.53%	1.60%
Capital Expenditures	-77.2	-94	-76.4	-89.7	-127.2	-197.5
Cash Acquisitions	-	-	-	-	-52.9	-
Sale (Purchase) of Real Estate	-	-	-	-	39.3	-
Investment in Securities	-1.2	11.4	97.3	-400.1	199.2	22
Investing Cash Flow	-78.4	-82.6	20.9	-489.8	58.4	-175.5
Long-Term Debt Issued	-	-	-	741	-	-
Total Debt Issued	740.6	-	-	741	-	-
Short-Term Debt Repaid	-	-	-	-	-	-304.6
Long-Term Debt Repaid	-	-	-16.4	-756.2	-	-
Total Debt Repaid	-750	-	-16.4	-756.2	-	-304.6
Net Debt Issued (Repaid)	-9.4	-	-16.4	-15.2	-	-304.6
Repurchase of Common Stock	-42.7	-33	-21.4	-24.8	-31.7	-41.4
Common Dividends Paid	-	-	-	-	-	-2,110
Dividends Paid	-3,897	-3,584	-3,236	-2,634	-2,189	-2,110
Other Financing Activities	49,575	8,694	-45,066	-22,708	71,165	49,703
Financing Cash Flow	45,626	5,077	-48,339	-25,382	69,909	47,247
Net Cash Flow	49,709	8,684	-44,865	-22,816	72,370	49,787
Free Cash Flow	4,084	3,597	3,377	2,966	2,275	2,518
Free Cash Flow Growth	12.56%	6.49%	13.86%	30.38%	-9.65%	3.74%
Free Cash Flow Margin	63.96%	58.76%	60.65%	59.10%	48.52%	51.56%
Free Cash Flow Per Share	11.34	9.99	9.39	8.26	6.34	7.02
Cash Interest Paid	135.6	129.9	129.9	133.2	133.3	133.3
Cash Income Tax Paid	1,114	1,198	1,109	973.4	755	652.7
Levered Free Cash Flow	2,836	2,681	2,566	2,702	2,044	1,987
Unlevered Free Cash Flow	2,943	2,781	2,665	2,804	2,148	2,091
Change in Working Capital	62.2	-188.6	-95.2	-95.2	-161.8	59.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.