Cboe/$CBOE
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Capital at risk
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
- Finance
- Primary listing
- BATS
- Employees
- 1,661
- Headquarters
- Chicago, United States
- Website
- www.cboe.com
Cboe Metrics
BasicAdvanced
$28B
20.79
$12.83
0.42
$3.02
1.29%
Price and volume
Market cap
$28B
Beta
0.42
52-week high
$371.18
52-week low
$227.15
Average daily volume
908K
Dividend rate
$3.02
Financial strength
Current ratio
1.565
Quick ratio
0.793
Long term debt to equity
0.161
Total debt to equity
0.281
Dividend payout ratio (TTM)
22.39%
Interest coverage (TTM)
34.29%
Profitability
EBITDA (TTM)
1,930.7
Gross margin (TTM)
54.08%
Net profit margin (TTM)
26.73%
Operating margin (TTM)
35.97%
Effective tax rate (TTM)
28.48%
Revenue per employee (TTM)
$3,050,000
Management effectiveness
Return on assets (TTM)
11.58%
Return on equity (TTM)
26.30%
Valuation
Price to earnings (TTM)
20.789
Price to revenue (TTM)
5.516
Price to book
4.96
Price to tangible book (TTM)
21.03
Price to free cash flow (TTM)
14.888
Free cash flow yield (TTM)
6.72%
Free cash flow per share (TTM)
17.911
Dividend yield (TTM)
1.13%
Forward dividend yield
1.29%
Growth
Revenue change (TTM)
11.68%
Earnings per share change (TTM)
50.54%
3-year revenue growth (CAGR)
9.13%
10-year revenue growth (CAGR)
22.11%
3-year earnings per share growth (CAGR)
28.24%
10-year earnings per share growth (CAGR)
17.11%
3-year dividend per share growth (CAGR)
12.92%
10-year dividend per share growth (CAGR)
12.09%
What the Analysts think about Cboe
Analyst ratings (Buy, Hold, Sell) for Cboe stock.
Analyst projections of the future price of Cboe stock.
Bulls say / Bears say
Record Q2 2026 net revenue rose 25% y/y to $731.6 million and adjusted EPS increased 45% to $3.56, marking the second consecutive quarter of record performance. (SEC filing) (sec.gov)
Cboe raised its 2026 organic total net revenue growth target to mid- to high-teens and its Data Vantage organic revenue growth target to low teens, signaling strong confidence in its diversified growth strategy. (SEC filing) (sec.gov)
Options trading volumes reached a single-day record of 33.4 million contracts on June 5, driving a 30% jump in options net revenue to $473.9 million and reinforcing Cboe's leadership in the U.S. options market. (Reuters) (investing.com)
Cboe's options exchange market share slipped to 30.0% in Q2 2026 from 30.2% in Q2 2025, highlighting intensifying competition and pricing pressures in the options business. (Cboe IR) (ir.cboe.com)
Persistent fee compression remains a concern, as investors worry that pricing headwinds may dampen margins despite ongoing volume growth. (Investing.com via Reuters) (investing.com)
Chatter around potential CFTC approval of perpetual futures has pressured Cboe shares, as investors fear new products could erode trading volumes and fee pools at incumbent exchanges. (Reuters) (investing.com)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2026.
Cboe Financial Performance
Revenues and expenses
Cboe Earnings Performance
Company profitability
Upcoming events
No upcoming events
Cboe News
AllArticlesVideos
Funds containing Cboe
AllUSDEURGBP
Fund name | Fund size | $CBOE weighting |
|---|---|---|
iShares Edge MSCI World Minimum Volatility$MVOL | $2.6B | 0.38% |
iShares Edge MSCI World Minimum Volatility€IQQ0 | €2.3B | 0.38% |
iShares Edge MSCI World Minimum Volatility£MINV | £1.9B | 0.38% |
iShares S&P 500 Financials Sector$IUFS | $2.4B | 0.36% |
iShares S&P 500 Financials Sector£UIFS | £1.8B | 0.36% |
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.