Discontinued — last reported Q4 '23

Business Segments · Goodwill

NEX — Goodwill

CME Group NEX — Goodwill increased by 0.6% to $2.93B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $2.91B to $2.93B. Over 2 years (FY 2021 to FY 2023), NEX — Goodwill shows relatively stable performance with a -0.7% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ4 2023Feb 28, 2024
Rolls up toGoodwill

How to read this metric

An increase typically reflects recent acquisition activity within the segment, while a decrease indicates potential impairment charges or divestitures.

Detailed definition

This metric represents the total carrying value of goodwill associated with the NEX business segment. Goodwill arises wh...

Peer comparison

Comparable to goodwill balances reported by other financial exchange operators for specific business units or acquired subsidiaries.

Metric ID: cme_segment_nex_goodwill

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$2.97B$2.96B$2.96B$2.95B$2.92B$2.88B$2.91B$2.92B$2.93B$2.91B$2.93B
QoQ Change-0.5%-0.0%-0.4%-1.1%-1.3%+1.2%+0.3%+0.2%-0.4%+0.6%
YoY Change-2.0%-2.8%-1.5%-0.9%+0.4%+1.2%+0.6%
Range$2.88B$2.97B
CAGR-0.6%
Avg YoY Growth-0.7%
Median YoY Growth-0.9%

Frequently Asked Questions

What is CME Group's nex — goodwill?
CME Group (CME) reported nex — goodwill of $2.93B in Q4 2023.
How has CME Group's nex — goodwill changed year-over-year?
CME Group's nex — goodwill increased by 0.6% year-over-year, from $2.91B to $2.93B.
What is the long-term trend for CME Group's nex — goodwill?
Over 2 years (2021 to 2023), CME Group's nex — goodwill has grown at a -0.7% compound annual growth rate (CAGR), from $11.86B to $11.69B.
What does nex — goodwill mean?
The total value of intangible assets like brand reputation and synergies recorded for the NEX business segment following acquisitions.