Cboe Global Markets, Inc.

CBOE Financial Financial Data & Stock Exchanges

Cboe Global Markets, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 15.1% from fiscal 2024.

Revenue
+19.0%
EPS
+43.3%
Free cash flow
+471.7%
Total debt
+0.13%

Quarter to September 2026, against a year earlier

353.21 0.14 +0.04%
Market cap
$36.8B
P/E
25.0×
Fwd P/E
—
Dividend yield
0.86%
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Cboe Global Markets, Inc. (CBOE) Return on invested capital

Alert me on Return on invested capital

Cboe Global Markets, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 25.7%, up 4.5 percentage points from fiscal 2025 (21.2%). Over the past ten years it has ranged from 5.59% (fiscal 2017) to 127.0% (fiscal 2015); the current reading is higher than 82% of that period. That is above the Financial Data & Stock Exchanges industry median of 10.6% and above the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 21.2% 6.54
FY2024 14.6% 0.93
FY2023 13.7% 7.18
FY2022 6.53% (4.56)
FY2021 11.1% 1.27
FY2020 9.82% 1.28
FY2019 8.54% (0.50)
FY2018 9.04% 3.45
FY2017 5.59% (78.90)
FY2016 84.5% (42.54)

Against its own ten years

Low 5.59% High 127.0%
Ten-year median 11.1%
Current reading's percentile 82

Return on invested capital against peers

Company Return on invested capital
MSCI MSCI Inc compare 34.7%
MCO Moody's Corporation compare 26.2%
CBOE Cboe Global Markets, Inc. 25.7%
FDS FactSet Research Systems Inc. compare 14.1%
CME CME Group Inc. compare 10.4%
NDAQ Nasdaq, Inc. compare 8.56%
ICE Intercontinental Exchange Inc. compare 8.08%
TRU TransUnion compare 6.43%
COIN Coinbase Global, Inc. compare 0.77%
Financial Data & Stock Exchanges industry median 10.6%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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