Cboe Global Markets, Inc. (CBOE) vs Coinbase Global, Inc. (COIN)

Cboe Global Markets, Inc. and Coinbase Global, Inc. are both Financial Data & Stock Exchanges companies. Cboe Global Markets, Inc. and Coinbase Global, Inc. are of similar size ($36.8B and $36.2B). Coinbase Global, Inc. has negative trailing earnings, so its P/E is not meaningful; Cboe Global Markets, Inc. trades at 25.0×. Cboe Global Markets, Inc. grew revenue faster over the last twelve months: 14.3% against −26.6%. Cboe Global Markets, Inc. has the higher net margin (27.9% vs −12.5%) and the higher return on invested capital (25.7% vs 0.77%). Across the 19 metrics below, Cboe Global Markets, Inc. leads on 13 and Coinbase Global, Inc. on 6.

Valuation

Metric CBOE COIN Financial Data & Stock Exchanges median
P/E 24.98 n/m 24.85
P/S 6.97 6.51 6.75
P/B 6.21 2.63 4.56
Price to free cash flow 14.53 46.46 20.23
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 4.00% (1.89%) 4.00%
Free cash flow yield 6.88% 2.15% 4.59%

Profitability

Metric CBOE COIN Financial Data & Stock Exchanges median
Gross margin 53.88% 85.81% 72.83%
Operating margin 36.37% 3.56% 29.06%
Net margin 27.94% (12.46%) 25.36%
Free cash flow margin 47.94% 20.25% 32.14%
Return on equity 27.28% (4.68%) 17.00%
Return on assets 14.53% (2.39%) 8.22%
Return on invested capital 25.71% 0.77% 10.55%

Growth

Metric CBOE COIN Financial Data & Stock Exchanges median
Revenue growth (TTM) 14.31% (26.62%) 10.44%
EPS growth (last fiscal year) 44.52% (53.06%) 13.54%
Revenue growth, 5-year CAGR 6.59% 41.24% 9.24%
Net income growth, 5-year CAGR 18.58% 31.35% 10.85%

Health

Metric CBOE COIN Financial Data & Stock Exchanges median
Debt to equity 0.24 0.80 0.67
Current ratio 1.61 2.42 1.04
Net debt to EBITDA (0.49) 0.66 1.20

Dividend

Metric CBOE COIN Financial Data & Stock Exchanges median
Dividend yield 0.86% — 1.13%
Payout ratio 0.21 — 0.29

Size

Metric CBOE COIN Financial Data & Stock Exchanges median
Market cap 36.84b 36.22b 38.07b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack