Cboe Global Markets, Inc. (CBOE)

Cboe Global Markets Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,100	764.9	761.4	235	529
Depreciation & Amortization	112.2	122.7	149.6	159.6	160.1
Other Amortization	10.2	10.3	8.4	9.6	9.5
Loss (Gain) From Sale of Assets	-	-	-	-	0.4
Asset Writedown & Restructuring Costs	46.7	81	-	460.9	-
Loss (Gain) From Sale of Investments	-5.1	31.6	1.8	3.1	5.6
Loss (Gain) on Equity Investments	-84.2	-26.5	-36.9	-4.2	0.4
Stock-Based Compensation	50.4	41.8	41.3	30.7	26.6
Provision & Write-off of Bad Debts	-	-	-	1.1	0.4
Other Operating Activities	-6.2	-22.3	-25.6	-160.6	-21.6
Change in Accounts Receivable	79.4	-124.3	39.4	-49.8	12
Change in Accounts Payable	6.5	-36.4	-19.1	38.8	45
Change in Unearned Revenue	0.5	0.5	-5.8	-4.1	4.9
Change in Income Taxes	54.6	62.5	18.6	79.9	47.4
Change in Other Net Operating Assets	387.6	194.8	142.5	-148.9	-222.9
Operating Cash Flow	1,753	1,101	1,076	651.1	596.8
Operating Cash Flow Growth	59.24%	2.32%	65.20%	9.10%	-59.09%
Capital Expenditures	-71	-60.9	-45	-59.8	-51
Sale of Property, Plant & Equipment	-	4	-	-	-
Cash Acquisitions	-	-	-	-708.3	-151.5
Sale (Purchase) of Intangibles	1.6	0.1	0.8	-	-
Investment in Securities	512.6	-87.9	-11.2	-67	-150.8
Other Investing Activities	7	2.9	0.3	-	0.6
Investing Cash Flow	450.2	-141.8	-55.1	-835.1	-352.7
Long-Term Debt Issued	-	-	-	663.6	110
Total Debt Issued	-	-	-	663.6	110
Long-Term Debt Repaid	-	-	-305	-220	-20
Total Debt Repaid	-	-	-305	-220	-20
Net Debt Issued (Repaid)	-	-	-305	443.6	90
Issuance of Common Stock	9.2	8.6	-	-	-
Repurchase of Common Stock	-96.5	-234.3	-97.8	-109.8	-87.5
Common Dividends Paid	-284.3	-249.4	-223.5	-209.4	-193.3
Other Financing Activities	-	-19.9	-29.8	-42.7	-9.5
Financing Cash Flow	-371.6	-495	-656.1	81.7	-200.3
Foreign Exchange Rate Adjustments	271.8	-95.1	52.8	-10	-9.1
Net Cash Flow	2,103	368.7	417.2	-112.3	34.7
Free Cash Flow	1,682	1,040	1,031	591.3	545.8
Free Cash Flow Growth	61.74%	0.88%	74.29%	8.34%	-61.33%
Free Cash Flow Margin	35.67%	25.39%	27.31%	14.94%	15.62%
Free Cash Flow Per Share	16.00	9.86	9.70	5.54	5.09
Cash Interest Paid	91.7	100.1	56.7	51	42.1
Cash Income Tax Paid	391.6	362.4	286.4	271.1	209.8
Levered Free Cash Flow	1,266	725.08	616.01	847.25	625.25
Unlevered Free Cash Flow	1,298	757.26	655.01	882.35	653.05
Change in Working Capital	528.6	97.1	175.6	-84.1	-113.6

Updated Feb 6, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q