CBOE FINANCIAL STATEMENTS

Cboe Global Markets Inc — balance sheet, income statement and cash flow trends

CBOECboe Global Markets Inc

🇺🇸 USA · US · Financial Services · Financial Data & Stock Exchanges

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue4.8 B $+10.6%

Gross Profit2.5 B $+17.2%

Operating Income1.6 B $+40.5%

EBITDA1.9 B $+44.5%

Net Income1.2 B $+53.2%

Peer Comparison· Financial Data & Stock Exchanges

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
CBOE	—	—	—	25.8%
ENX	—	—	—	35.5%
DB1	—	—	—	27.1%
X	—	—	—	16.5%
ASX	—	—	—	34.8%
LSEG	—	—	—	13.4%
Industry median	—	—	—	25.8%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity5.4 B $49%
Current Liabilities649.5 M $6%
Long-term Liabilities5 B $46%

Key Figures

YoY change

Total Assets11.1 B $+27.7%

Total Liabilities5.7 B $+35.2%

Total Equity5.4 B $+20.7%

Cash & ST Investments2.2 B $+88.2%

Total Debt1.6 B $-2.8%

Net Debt-576.4 M $-203.6%

Peer Comparison· Financial Data & Stock Exchanges

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
CBOE	4.13	29.0%	-0.32	48.5%
ENX	6.03	72.2%	1.10	1.2%
DB1	1.01	—	—	2.9%
X	2.35	44.1%	3.35	8.7%
ASX	1.20	293.1%	-0.75	24.4%
LSEG	229.64	59.2%	1.74	2.5%
Industry median	1.20	59.2%	1.44	24.4%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
CBOE	4.13	29.0%	-0.32	48.5%
COIN	2.14	59.1%	-2.15	46.7%
MSCI	0.86	-236.9%	3.10	-50.0%
TRU	1.93	119.6%	2.90	39.5%
NDAQ	10.15	78.5%	2.79	44.1%
FDS	0.68	77.3%	1.41	48.5%
Industry median	1.20	59.2%	1.44	24.4%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow1.1 B $-5.6%

Capital Expenditures75.5 M $+10.5%

Free Cash Flow975.4 M $-6.6%

Dividends Paid-293.7 M $-214.1%

Peer Comparison· Financial Data & Stock Exchanges

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
CBOE	21.9%	20.4%	1.6%	85.1%
ENX	59.6%	54.1%	5.5%	167.8%
DB1	54.7%	—	7.2%	201.5%
X	44.1%	36.1%	8.0%	267.6%
ASX	-1.9%	-13.3%	11.4%	-5.4%
LSEG	38.9%	37.6%	1.3%	290.0%
Industry median	38.4%	35.1%	3.5%	144.1%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
CBOE	21.9%	20.4%	1.6%	85.1%
COIN	48.0%	48.0%	0.0%	348.7%
MSCI	49.2%	47.4%	1.7%	120.7%
TRU	21.6%	14.7%	6.8%	144.7%
NDAQ	27.6%	24.2%	3.4%	119.2%
FDS	34.0%	29.0%	5.0%	146.6%
Industry median	38.4%	35.1%	3.5%	144.1%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on CBOE

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.