Cboe Global Markets CBOE Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 54.1%+4.8pp | 51.5%+0.9pp | 49.4%-2.3pp | 48.7%-3.6pp | 49.3%-2.8pp | |
| Operating margin | 33.8%+6.8pp | 31.1%+4.3pp | 29.5%+1.8pp | 28.7%+0.9pp | 27%-2.2pp | |
| Net margin | 25.8%+7.2pp | 23.3%+4.7pp | 21.3%+1.6pp | 19.9%-0.3pp | 18.6%-2.7pp | |
| Returns | ||||||
| Return on equity | 25.1%+6.1pp | 23.4%+4.8pp | 21.6%+2.1pp | 20.7%+0.7pp | 19%-2.1pp | |
| Return on invested capital | 48.8%+25.0pp | 29.5%+10.9pp | 30.4%+7.1pp | 33%+11.7pp | 23.8%+5.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.6×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.4×-0.2× | 1.9×+0.1× | 1.7×+0.3× | 1.6×+0.3× | 1.6×+0.3× | |
| Leverage | ||||||
| Debt-to-equity | 0.3×-0.1× | 0.3×-0.1× | 0.3×-0.1× | 0.3×-0.1× | 0.4×0.0× | |
| Net debt / EBITDA | -2.3×-1.5× | -1.4×-1.3× | -1.1×-0.1× | -1×+0.5× | -0.8×-0.4× | |
| Per Share | ||||||
| Book value per share | $51.18+20.8% | $48.89+20.5% | $46.57+16.3% | $44.43+16.4% | $42.36+11.7% | |
| Valuation | ||||||
| Market capitalization | $29.42B+24.2% | $26.27B+28.4% | $25.65B+18.2% | $24.01B+33.3% | $23.69B+21.8% | |
| Price / earnings | 23.8×-5.6× | 23.9×-2.9× | 26.1×-1.7× | 26.7×+3.3× | 29.4×+5.0× | |
| Price / sales | 6.1×+0.7× | 5.6×+0.6× | 5.6×+0.1× | 5.3×+0.6× | 5.5×+0.3× | |
| Price / book | 5.5×+0.2× | 5.1×+0.3× | 5.3×+0.1× | 5.1×+0.7× | 5.3×+0.5× | |
| EV / EBITDA | 14.6×-2.9× | 15.1×-1.4× | 16.2×-0.4× | 15.9×+2.4× | 17.5×+2.2× | |
| Dividend yield | 1%-0.1pp | 1.1%-0.1pp | 1.1%0.0pp | 1.1%-0.2pp | 1.1%-0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Cboe Global Markets's profit margins?
- Cboe Global Markets (CBOE) runs a 54.1% gross margin and a 33.8% operating margin, with a 25.8% net margin.
- Where do Cboe Global Markets's ratios come from?
- Every ratio is computed from Cboe Global Markets's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
