Cboe Global Markets, Inc. (CBOE)
BATS: CBOE · Real-Time Price · USD
255.74
-3.37 (-1.30%)
Nov 19, 2025, 3:49 PM EST - Market open

Cboe Global Markets Statistics

Total Valuation

CBOE has a market cap or net worth of $26.76 billion. The enterprise value is $26.82 billion.

Market Cap26.76B
Enterprise Value 26.82B

Important Dates

The last earnings date was Friday, October 31, 2025, before market open.

Earnings Date Oct 31, 2025
Ex-Dividend Date Nov 28, 2025

Share Statistics

CBOE has 104.64 million shares outstanding. The number of shares has decreased by -0.59% in one year.

Current Share Class 104.64M
Shares Outstanding 104.64M
Shares Change (YoY) -0.59%
Shares Change (QoQ) -0.10%
Owned by Insiders (%) 0.38%
Owned by Institutions (%) 88.81%
Float 104.07M

Valuation Ratios

The trailing PE ratio is 27.50 and the forward PE ratio is 23.67. CBOE's PEG ratio is 1.73.

PE Ratio 27.50
Forward PE 23.67
PS Ratio 5.88
Forward PS 10.61
PB Ratio 5.55
P/TBV Ratio 75.88
P/FCF Ratio 43.48
P/OCF Ratio 38.77
PEG Ratio 1.73
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.92, with an EV/FCF ratio of 43.59.

EV / Earnings 27.42
EV / Sales 5.81
EV / EBITDA 17.92
EV / EBIT 19.38
EV / FCF 43.59

Financial Position

The company has a current ratio of 1.72, with a Debt / Equity ratio of 0.33.

Current Ratio 1.72
Quick Ratio 0.92
Debt / Equity 0.33
Debt / EBITDA 1.04
Debt / FCF 2.59
Interest Coverage 26.66

Financial Efficiency

Return on equity (ROE) is 21.62% and return on invested capital (ROIC) is 14.07%.

Return on Equity (ROE) 21.62%
Return on Assets (ROA) 9.73%
Return on Invested Capital (ROIC) 14.07%
Return on Capital Employed (ROCE) 20.09%
Revenue Per Employee $2.74M
Profits Per Employee $580,534
Employee Count1,685
Asset Turnover 0.52
Inventory Turnover n/a

Taxes

In the past 12 months, CBOE has paid $411.60 million in taxes.

Income Tax 411.60M
Effective Tax Rate 29.51%

Stock Price Statistics

The stock price has increased by +24.18% in the last 52 weeks. The beta is 0.36, so CBOE's price volatility has been lower than the market average.

Beta (5Y) 0.36
52-Week Price Change +24.18%
50-Day Moving Average 243.43
200-Day Moving Average 230.45
Relative Strength Index (RSI) 59.48
Average Volume (20 Days) 795,841

Short Selling Information

The latest short interest is 2.55 million, so 2.44% of the outstanding shares have been sold short.

Short Interest 2.55M
Short Previous Month 2.58M
Short % of Shares Out 2.44%
Short % of Float 2.45%
Short Ratio (days to cover) 2.87

Income Statement

In the last 12 months, CBOE had revenue of $4.62 billion and earned $978.20 million in profits. Earnings per share was $9.30.

Revenue4.62B
Gross Profit 2.28B
Operating Income 1.38B
Pretax Income 1.39B
Net Income 978.20M
EBITDA 1.50B
EBIT 1.38B
Earnings Per Share (EPS) $9.30
Full Income Statement

Balance Sheet

The company has $1.53 billion in cash and $1.59 billion in debt, giving a net cash position of -$63.80 million or -$0.61 per share.

Cash & Cash Equivalents 1.53B
Total Debt 1.59B
Net Cash -63.80M
Net Cash Per Share -$0.61
Equity (Book Value) 4.88B
Book Value Per Share 46.68
Working Capital 1.56B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $690.10 million and capital expenditures -$74.80 million, giving a free cash flow of $615.30 million.

Operating Cash Flow 690.10M
Capital Expenditures -74.80M
Free Cash Flow 615.30M
FCF Per Share $5.88
Full Cash Flow Statement

Margins

Gross margin is 49.43%, with operating and profit margins of 29.97% and 21.29%.

Gross Margin 49.43%
Operating Margin 29.97%
Pretax Margin 30.20%
Profit Margin 21.29%
EBITDA Margin 32.42%
EBIT Margin 29.97%
FCF Margin 13.32%

Dividends & Yields

This stock pays an annual dividend of $2.88, which amounts to a dividend yield of 1.13%.

Dividend Per Share $2.88
Dividend Yield 1.13%
Dividend Growth (YoY) 14.47%
Years of Dividend Growth 10
Payout Ratio 28.07%
Buyback Yield 0.59%
Shareholder Yield 1.72%
Earnings Yield 3.66%
FCF Yield 2.30%
Dividend Details

Analyst Forecast

The average price target for CBOE is $242.00, which is -5.37% lower than the current price. The consensus rating is "Hold".

Price Target $242.00
Price Target Difference -5.37%
Analyst Consensus Hold
Analyst Count 11
Revenue Growth Forecast (5Y) -6.45%
EPS Growth Forecast (5Y) 13.71%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

CBOE has an Altman Z-Score of 5.03 and a Piotroski F-Score of 5.

Altman Z-Score 5.03
Piotroski F-Score 5