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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,270	4,072	3,526	3,226	2,691	2,637
Depreciation & Amortization	331.7	330.9	336.8	352.6	362.6	385.4
Stock-Based Compensation	95.4	94.8	89.5	82.9	84.3	75.2
Other Adjustments	-339.4	-358.9	-70	-147.1	-28	-513.3
Change in Receivables	-166.1	-67.1	-39.4	-51.5	-51.1	-45.7
Changes in Accounts Payable	-24.8	-8.1	-10.7	-30.8	72.5	-18.6
Changes in Accrued Expenses	164.6	86.6	-705.9	642.7	88.1	61.9
Changes in Income Taxes Payable	137.8	91.1	-117.4	-77.1	-147.8	-120.5
Changes in Other Operating Activities	-81.8	35.6	681.8	-544.1	-15.6	-58.9
Operating Cash Flow	4,420	4,277	3,691	3,454	3,056	2,402
Operating Cash Flow Growth	11.28%	15.90%	6.85%	13.02%	27.21%	-11.53%
Capital Expenditures	-91.1	-83.5	-94	-76.4	-89.7	-127.2
Sale of Property, Plant & Equipment	-	-	-	-	-	39.3
Purchases of Investments	-13.9	-17	-8.1	-6.5	-5.5	-12.3
Proceeds from Sale of Investments	-2.5	1,591	19.5	103.8	17.4	110.8
Proceeds from Business Divestments	-	-	-	-	-	100.7
Other Investing Activities	-	-	-	-	-410	-52.9
Investing Cash Flow	1,492	1,499	-82.6	20.9	-489.8	58.4
Long-Term Debt Issued	-1.7	740.6	-	-	741	-
Long-Term Debt Repaid	-	-750	-	-16.4	-756.2	-
Net Long-Term Debt Issued (Repaid)	-1.7	-9.4	-	-16.4	-15.2	-
Repurchase of Common Stock	-804.8	-266.1	-	-	-	-
Net Common Stock Issued (Repurchased)	-804.8	-266.1	-	-	-	-
Issuance of Preferred Stock	-	-	-	-	-	965
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	965
Common Dividends Paid	-4,063	-3,933	-3,584	-3,236	-2,634	-2,189
Other Financing Activities	44,284	60,718	8,661	-45,087	-22,733	71,133
Financing Cash Flow	39,415	56,510	5,077	-48,339	-25,382	69,909
Net Cash Flow	45,327	62,285	8,684	-44,865	-22,816	72,370
Free Cash Flow	4,329	4,194	3,597	3,377	2,966	2,275
Free Cash Flow Growth	3.24%	16.60%	6.49%	13.86%	30.38%	-9.65%
FCF Margin	64.06%	64.31%	58.67%	60.54%	59.10%	48.51%
Free Cash Flow Per Share	11.99	11.64	9.99	9.39	8.26	6.34
Levered Free Cash Flow	3,512	4,464	3,572	3,436	2,912	2,739
Unlevered Free Cash Flow	3,817	3,684	3,143	2,935	2,595	2,190

SEC Filings: 10-K · 10-Q