Cboe Global Markets (CBOE)
Financials · Derivatives and securities exchanges
Global derivatives and securities exchange operator delivering options, equities, and futures trading across North America, Europe, and Asia-Pacific with leading market data and clearing services.
What Cboe Global Markets does
Cboe Global Markets operates the world's leading derivatives and securities exchange network, providing trading platforms, clearing services, and market data across equities, options, and FX assets globally. The company operates the largest options exchange and third-largest equities exchange in the U.S., along with major European equities exchanges and Asia-Pacific venues. Cboe generates revenue from transaction fees, market data licensing, clearing services, and listings, serving institutional and retail traders across North America, Europe, and Asia-Pacific regions.
Themes: ["Derivatives trading infrastructure","Options markets","Equities trading venues","Market data and analytics","Post-trade clearing","Volatility products","Exchange-traded products"]
Fundamentals
- Price$267.85 as of 2026-07-09 close
- Market cap$27.9B as of 2026-07-10
- 1-year return+15.4% as of 2026-07-09 close
- P/E22.55 as of 2026-07-10
- Net margin+25.8% as of 2026-07-10
- Gross margin+54.1% as of 2026-07-10
- ROE+24.6% as of 2026-07-10
- Debt / equity0.27 as of 2026-07-10
- Revenue growth (YoY)+10.6% as of 2026-07-10
- Revenue CAGR (3y)+53.4% SEC XBRL
- Beta0.45 as of 2026-07-10
Dividend: yield +1.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory changes and compliance across multiple jurisdictions (U.S., UK, EU, Canada, Australia) could increase operating costs and restrict product offerings.","Recent strategic business wind-downs (Japan equities, CEDX derivatives platform) and sales processes (Australia, Canada) signal declining profitability in certain segments and execution risk.","Trading volumes and transaction fees are sensitive to market volatility and macroeconomic conditions; declining ADV/ADNV would directly impact revenues."]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.