Cboe/$CBOE
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About Cboe
Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
Ticker
$CBOE
Sector
Primary listing
BATS
Employees
1,685
Headquarters
Website
Cboe Metrics
BasicAdvanced
$25B
27.82
$8.52
0.44
$2.61
1.21%
Price and volume
Market cap
$25B
Beta
0.44
52-week high
$255.27
52-week low
$187.30
Average daily volume
666K
Dividend rate
$2.61
Financial strength
Current ratio
1.568
Quick ratio
0.817
Long term debt to equity
33.778
Total debt to equity
34.314
Dividend payout ratio (TTM)
29.48%
Interest coverage (TTM)
25.59%
Profitability
EBITDA (TTM)
1,429.2
Gross margin (TTM)
48.74%
Net profit margin (TTM)
19.88%
Operating margin (TTM)
29.03%
Effective tax rate (TTM)
29.27%
Revenue per employee (TTM)
$2,690,000
Management effectiveness
Return on assets (TTM)
8.98%
Return on equity (TTM)
20.74%
Valuation
Price to earnings (TTM)
27.824
Price to revenue (TTM)
5.48
Price to book
5.32
Price to tangible book (TTM)
251.49
Price to free cash flow (TTM)
-221.348
Free cash flow yield (TTM)
-0.45%
Free cash flow per share (TTM)
-1.071
Dividend yield (TTM)
1.10%
Forward dividend yield
1.21%
Growth
Revenue change (TTM)
18.99%
Earnings per share change (TTM)
18.01%
3-year revenue growth (CAGR)
7.54%
10-year revenue growth (CAGR)
22.27%
3-year earnings per share growth (CAGR)
62.94%
10-year earnings per share growth (CAGR)
14.57%
3-year dividend per share growth (CAGR)
9.49%
10-year dividend per share growth (CAGR)
11.61%
What the Analysts think about Cboe
Analyst ratings (Buy, Hold, Sell) for Cboe stock.
Bulls say / Bears say
Cboe surpassed Wall Street’s Q2 2025 earnings projections, posting adjusted net income of $2.46 per share on net revenue of $587.3 million, a 14% increase from the prior year, supported by strong hedging demand (Reuters).
Options trading revenue in Q2 jumped 19% year-over-year to a record $364.8 million, with average daily index options volume reaching 4.7 million contracts, underscoring Cboe’s leadership in derivatives markets (Reuters).
Regulatory approval for Cboe Australia to directly list companies marks a major step in expanding its APAC presence, tapping into a market with A$2 billion in daily equity turnover and opening new opportunities for listing-fee revenues (Reuters).
Cboe’s move to exit the Japanese equities business highlights ongoing struggles to achieve sustained profitability in major international markets, which could hinder its global diversification strategy (Reuters).
Net transaction and clearing fees for Cboe’s U.S. equities exchanges dropped 22% year-over-year in Q2 2025 as its market share slipped to 10.5% from 11.4% the previous year, pointing to mounting competition and creating pressure on a vital revenue stream (PRNewswire).
Cboe’s robust results have been largely fueled by macroeconomic uncertainty and heightened volatility; if market conditions stabilize and volatility recedes, derivatives trading volumes and related revenues could see a meaningful decline (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2025.
Cboe Financial Performance
Revenues and expenses
Cboe Earnings Performance
Company profitability
Cboe News
AllArticlesVideos
All-time record options activity came following September Fed meeting, says CBOE's Mandy Xu
CNBC Television4 weeks ago
Crypto Corner: Nasdaq Eyes Tokens, Gemini IPO & CBOE Continuous Bitcoin Contracts
Schwab Network1 month ago
CBOE's volatility expert Mandy Xu sees more record market gains next week
CNBC Television3 months ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Cboe stock?
Cboe (CBOE) has a market cap of $25B as of October 21, 2025.
What is the P/E ratio for Cboe stock?
The price to earnings (P/E) ratio for Cboe (CBOE) stock is 27.82 as of October 21, 2025.
Does Cboe stock pay dividends?
Yes, the Cboe (CBOE) stock pays dividends to shareholders. As of October 21, 2025, the dividend rate is $2.61 and the yield is 1.21%. Cboe has a payout ratio of 29.48% on a trailing twelve-month basis.
When is the next Cboe dividend payment date?
The next Cboe (CBOE) dividend payment date is unconfirmed.
What is the beta indicator for Cboe?
Cboe (CBOE) has a beta rating of 0.44. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.