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Cboe Global Markets CBOE Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin54.1%+2.6pp51.5%+2.1pp49.4%+0.7pp48.7%-0.5pp49.3%-1.3pp
Operating margin33.8%+2.7pp31.1%+1.6pp29.5%+0.8pp28.7%+1.7pp27%+0.2pp
Net margin25.8%+2.4pp23.3%+2.0pp21.3%+1.4pp19.9%+1.3pp18.6%-0.1pp
EBITDA margin36.3%+2.6pp33.7%+1.6pp32.2%+0.8pp31.4%+1.5pp29.9%-0.2pp
Free cash flow margin56.8%+21.2pp35.7%
Returns
Return on equity25.1%+1.8pp23.4%+1.7pp21.6%+0.9pp20.7%+1.7pp19%+0.5pp
Return on assets12.5%-0.4pp12.9%+1.8pp11.1%+1.2pp9.8%+0.3pp9.6%-0.4pp
Return on invested capital48.8%+19.3pp29.5%-0.8pp30.4%-2.6pp33%+9.1pp23.8%+5.2pp
Efficiency
Asset turnover0.5×-0.1×0.6×0.0×0.5×0.0×0.5×0.0×0.5×0.0×
Liquidity
Current ratio1.4×-0.5×1.9×+0.2×1.7×+0.1×1.6×0.0×1.6×-0.2×
Quick ratio1.4×-0.5×1.9×+0.2×1.7×+0.1×1.6×0.0×1.6×-0.2×
Cash ratio1.2×-0.4×1.6×+0.2×1.5×+0.2×1.2×0.0×1.3×0.0×
Leverage
Debt-to-equity0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.4×0.0×
Debt-to-assets0.1×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Net debt / EBITDA-2.3×-0.9×-1.4×-0.4×-1.1×-0.1×-1×-0.1×-0.8×-0.7×
Interest coverage30.7×+2.6×28.1×+1.8×26.2×+1.0×25.3×+2.5×22.8×+1.5×
Per Share
Book value per share$51.18+4.7%$48.89+5.0%$46.57+4.8%$44.43+4.9%$42.36+4.4%
Valuation
Market capitalization$29.42B+12.0%$26.27B+2.4%$25.65B+6.8%$24.01B+1.3%$23.69B+15.8%
Enterprise value$25.39B+5.8%$23.99B-0.4%$24.08B+6.3%$22.65B+0.1%$22.63B+11.5%
Price / earnings23.8×-0.1×23.9×-2.2×26.1×-0.6×26.7×-2.7×29.4×+2.7×
Price / sales6.1×+0.6×5.6×0.0×5.6×+0.3×5.3×-0.2×5.5×+0.5×
Price / book5.5×+0.4×5.1×-0.1×5.3×+0.1×5.1×-0.2×5.3×+0.5×
EV / EBITDA14.6×-0.5×15.1×-1.1×16.2×+0.3×15.9×-1.5×17.5×+1.0×
EV / sales5.3×+0.2×5.1×-0.1×5.2×+0.2×-0.2×5.2×+0.3×
Free cash flow yield9.3%+2.9pp6.4%
Earnings yield4.2%0.0pp4.2%+0.4pp3.8%+0.1pp3.8%+0.3pp3.4%-0.3pp
Dividend yield1%-0.1pp1.1%0.0pp1.1%0.0pp1.1%0.0pp1.1%-0.1pp
PEG ratio0.4×-0.1×0.5×-0.5×-0.6×1.6×-26.0×27.6×-30.6×

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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.