Cboe Global Markets, Inc. (CBOE) vs FactSet Research Systems Inc. (FDS)

Cboe Global Markets, Inc. and FactSet Research Systems Inc. are both Financial Data & Stock Exchanges companies. Cboe Global Markets, Inc. is the larger, with a market value of $27.9B against $9.7B — 2.9× the size. FactSet Research Systems Inc. trades at the lower P/E: 17.9× against 20.0×. Cboe Global Markets, Inc. grew revenue faster over the last twelve months: 11.7% against 6.62%. Cboe Global Markets, Inc. has the higher net margin (26.6% vs 23.2%) and the higher return on invested capital (23.5% vs 14.5%). Both pay a dividend; Cboe Global Markets, Inc. yields more (1.27% vs 0.86%). Across the 23 metrics below, Cboe Global Markets, Inc. leads on 14 and FactSet Research Systems Inc. on 9.

Valuation

Metric CBOE FDS Financial Data & Stock Exchanges median
P/E 20.05 17.90 21.77
P/S 5.34 4.05 7.79
P/B 4.80 4.85 3.85
Price to free cash flow 14.40 13.93 18.75
EV/EBITDA 13.56 11.78 15.55
EV/Sales 5.15 4.49 6.94
Earnings yield 4.99% 5.59% 4.49%
Free cash flow yield 6.94% 7.18% 4.68%

Profitability

Metric CBOE FDS Financial Data & Stock Exchanges median
Gross margin 54.08% 51.38% 70.90%
Operating margin 34.69% 29.55% 29.55%
Net margin 26.62% 23.21% 23.21%
Free cash flow margin 37.04% 29.05% 29.05%
Return on equity 26.19% 27.03% 15.34%
Return on assets 13.71% 13.27% 6.82%
Return on invested capital 23.45% 14.45% 9.96%

Growth

Metric CBOE FDS Financial Data & Stock Exchanges median
Revenue growth (TTM) 11.68% 6.62% 9.16%
EPS growth (last fiscal year) 44.52% 11.79% —
Revenue growth, 5-year CAGR 6.59% 9.22% 7.76%
Net income growth, 5-year CAGR 18.58% 9.87% 9.78%

Health

Metric CBOE FDS Financial Data & Stock Exchanges median
Debt to equity 0.26 0.68 0.48
Current ratio 1.57 0.68 1.06
Net debt to EBITDA (0.49) 1.08 1.08

Dividend

Metric CBOE FDS Financial Data & Stock Exchanges median
Dividend yield 1.27% 0.86% 1.16%
Payout ratio 0.33 0.31 0.42

Size

Metric CBOE FDS Financial Data & Stock Exchanges median
Market cap 27.94b 9.65b 27.94b

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