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Cboe Global Markets CBOE Net debt / EBITDA

Net debt / EBITDA at other companies

Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
2.9×+0.7×
CME Group logo
CME GroupCME
0.3×-0.3×
Intercontinental Exchange logo
Intercontinental ExchangeICE
2.9×-0.4×
Tradeweb Markets Inc. logo
Tradeweb Markets Inc.TW
-1.5×+0.3×
S&P Global logo
S&P GlobalSPGI
1.2×-0.4×

Other financials

Income statement

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Revenue$1.3B+6.5%
Gross profit$728.9M+29.0%
Operating income$505.6M+42.9%
Net income$385.7M+53.9%
EPS (diluted)$3.66+54.4%

Balance sheet

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Cash & equivalents$5.6B+110%
Total debt$1.6B-1.2%
Total equity$5.4B+20.7%
Total assets$11.1B+27.7%

Cash flow

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Operating cash flow$2.0B+115%
CapEx$19.2M+30.6%
Free cash flow$1.9B+116%

Valuation

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Market cap$26.65B+24.2%
Enterprise value$22.63B+12.2%
P/E21.6×-5.1×
P/S5.6×+0.6×

Profitability

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Gross margin54.1%+4.8pp
Operating margin33.8%+6.8pp
Net margin25.8%+7.2pp

Returns & leverage

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Return on equity25.1%+6.1pp
Debt / equity0.3×-0.1×
Current ratio1.4×-0.2×

Where this comes from

Calculated from Cboe Global Markets’s reported figures.

Based on the most recent quarter.

The official record: Cboe Global Markets’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cboe Global Markets's net debt / EBITDA?
Cboe Global Markets (CBOE) reported net debt / EBITDA of -2.3× in Q1 2026.
How has Cboe Global Markets's net debt / EBITDA changed year-over-year?
Cboe Global Markets's net debt / EBITDA decreased by 181.2% year-over-year, from -0.8× to -2.3×.
What is the long-term trend for Cboe Global Markets's net debt / EBITDA?
Over 4 years (2021 to 2025), Cboe Global Markets's net debt / EBITDA has grown at a -2.3% compound annual growth rate (CAGR), from 4.7× to -4.3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.