Cboe Global Markets, Inc. - Understand $cboe stock

$CBOE Market Cap: $21.46 Billion

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Financial Snapshot

Revenue

$3.956B

TTM

Gross Margin

51.78%

TTM

Net Earnings

$779.2M

TTM

Current Assets

$3.318B

Q3 2024

Current Liabilities

$2.390B

Q3 2024

Current Ratio

138.84%

Q3 2024

Total Assets

$8.712B

Q3 2024

Total Liabilities

$4.503B

Q3 2024

Book Value

$4.208B

Q3 2024

Cash

$763.2M

Q3 2024

P/E

27.54

Nov 29, 2024 EST

Free Cash Flow

$2.158B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$3.774B	$3.959B	$3.495B	$3.427B	$2.496B	$2.769B	$2.229B	$656.9M	$634.5M	$617.2M	$572.1M	$512.3M	$508.1M	$437.1M	$426.1M	$416.8M	$344.3M	$253.2M
YoY Change	-4.67%	13.27%	1.98%	37.3%	-9.85%	24.21%	239.31%	3.53%	2.81%	7.9%	11.65%	0.83%	16.25%	2.59%	2.23%	21.06%	35.98%	25.97%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$3.774B	$3.959B	$3.495B	$3.427B	$2.496B	$2.769B	$2.229B	$656.9M	$634.5M	$617.2M	$572.1M	$512.3M	$508.1M	$437.1M	$426.1M	$416.8M	$344.3M	$253.2M
Cost Of Revenue	$1.856B	$2.217B	$2.019B	$2.173B	$1.359B	$1.552B	$1.234B	$77.95M	$70.57M	$66.10M	$56.60M	$46.10M	$47.80M	$41.40M	$33.10M	$35.20M	$29.00M	$23.60M
Gross Profit	$1.918B	$1.742B	$1.476B	$1.254B	$1.137B	$1.217B	$995.6M	$579.0M	$564.0M	$551.1M	$515.5M	$466.2M	$460.3M	$395.8M	$393.0M	$381.5M	$315.3M	$229.7M
Gross Profit Margin	50.83%	44.0%	42.24%	36.6%	45.55%	43.95%	44.66%	88.13%	88.88%	89.29%	90.11%	90.99%	90.58%	90.55%	92.24%	91.53%	91.58%	90.72%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$680.8M	$578.5M	$470.8M	$364.2M	$336.4M	$369.5M	$337.0M	$231.7M	$192.9M	$191.7M	$189.7M	$181.4M	$179.1M	$193.7M	$180.2M	$161.7M	$146.1M	$133.5M
YoY Change	17.68%	22.88%	29.27%	8.26%	-8.96%	9.64%	45.43%	20.11%	0.64%	1.05%	4.58%	1.28%	-7.54%	7.49%	11.44%	10.68%	9.44%	8.01%
% of Gross Profit	35.5%	33.21%	31.89%	29.04%	29.59%	30.36%	33.85%	40.02%	34.21%	34.78%	36.8%	38.91%	38.91%	48.94%	45.85%	42.39%	46.34%	58.12%
Research & Development	$99.70M	$77.70M	$66.70M	$54.50M	$46.20M	$47.90M	$42.10M
YoY Change	28.31%	16.49%	22.39%	17.97%	-3.55%	13.78%
% of Gross Profit	5.2%	4.46%	4.52%	4.35%	4.06%	3.94%	4.23%
Depreciation & Amortization	$158.0M	$166.8M	$167.4M	$158.5M	$176.6M	$204.0M	$192.2M	$44.46M	$46.36M	$39.91M	$34.60M	$31.60M	$34.20M	$30.00M	$27.70M	$25.60M	$24.90M	$28.20M
YoY Change	-5.28%	-0.36%	5.62%	-10.25%	-13.43%	6.14%	332.35%	-4.1%	16.14%	15.36%	9.49%	-7.6%	14.0%	8.3%	8.2%	2.81%	-11.7%	-0.35%
% of Gross Profit	8.24%	9.58%	11.34%	12.64%	15.53%	16.76%	19.3%	7.68%	8.22%	7.24%	6.71%	6.78%	7.43%	7.58%	7.05%	6.71%	7.9%	12.28%
Operating Expenses	$860.1M	$771.3M	$670.2M	$592.1M	$599.7M	$617.5M	$623.7M	$358.7M	$314.6M	$303.4M	$286.2M	$268.2M	$266.5M	$269.8M	$248.5M	$194.3M	$178.8M	$168.6M
YoY Change	11.51%	15.09%	13.19%	-1.27%	-2.88%	-0.99%	73.86%	14.03%	3.69%	6.0%	6.71%	0.65%	-1.21%	8.56%	27.89%	8.67%	6.05%	6.71%
Operating Profit	$1.058B	$970.4M	$805.9M	$662.2M	$537.2M	$599.4M	$371.9M	$298.2M	$319.9M	$313.8M	$285.8M	$244.1M	$241.6M	$167.3M	$177.6M	$187.2M	$136.5M	$61.10M
YoY Change	9.02%	20.41%	21.7%	23.27%	-10.38%	61.17%	24.71%	-6.79%	1.95%	9.79%	17.09%	1.02%	44.39%	-5.77%	-5.14%	37.14%	123.4%	189.57%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	-$50.40M	-$56.40M	-$47.40M	-$37.60M	-$35.90M	-$38.20M	-$41.30M	$8.404M	$43.00K	$0.00	$0.00	-$1.500M	-$1.500M	-$2.700M	-$400.0K	$6.100M	$3.500M	$4.000M
YoY Change	-10.64%	18.99%	26.06%	4.74%	-6.02%	-7.51%	-591.43%	19444.19%			-100.0%	0.0%	-44.44%	575.0%	-106.56%	74.29%	-12.5%	135.29%
% of Operating Profit	-4.76%	-5.81%	-5.88%	-5.68%	-6.68%	-6.37%	-11.11%	2.82%	0.01%	0.0%	0.0%	-0.61%	-0.62%	-1.61%	-0.23%	3.26%	2.56%	6.55%
Other Income/Expense, Net	$600.0K	-$300.0K	-$2.400M	$35.80M	$100.0K	$10.00M	$3.800M	$4.692M	$4.849M	$5.655M	$5.504M	$9.175M	$5.448M	$4.866M	$5.634M
YoY Change	-300.0%	-87.5%	-106.7%	35700.0%	-99.0%	163.16%	-19.01%	-3.24%	-14.25%	2.74%	-40.01%	68.41%	11.96%	-13.63%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$1.048B	$432.9M	$756.1M	$660.4M	$501.4M	$571.2M	$334.4M	$306.6M	$324.0M	$309.7M	$283.7M	$242.6M	$240.1M	$164.6M	$177.2M	$193.4M	$140.0M	$72.00M
YoY Change	142.0%	-42.75%	14.49%	31.71%	-12.22%	70.81%	9.07%	-5.38%	4.63%	9.18%	16.95%	1.03%	45.86%	-7.11%	-8.38%	38.14%	94.44%	261.81%
Income Tax	$286.2M	$197.9M	$227.1M	$192.2M	$130.6M	$146.0M	-$66.20M	$120.9M	$119.0M	$120.0M	$107.7M	$85.16M	$100.7M	$65.23M	$70.78M	$78.10M	$56.80M	$29.90M
% Of Pretax Income	27.32%	45.71%	30.04%	29.1%	26.05%	25.56%	-19.8%	39.43%	36.73%	38.74%	37.95%	35.11%	41.93%	39.63%	39.94%	40.38%	40.57%	41.53%
Net Earnings	$761.4M	$234.1M	$529.0M	$468.2M	$374.9M	$426.5M	$401.7M	$186.8M	$205.0M	$189.7M	$176.0M	$157.4M	$139.4M	$99.40M	$106.5M	$115.3M	$83.20M	$42.10M
YoY Change	225.25%	-55.75%	12.99%	24.89%	-12.1%	6.17%	115.02%	-8.88%	8.07%	7.79%	11.82%	12.9%	40.25%	-6.63%	-7.67%	38.58%	97.62%	286.24%
Net Earnings / Revenue	20.18%	5.91%	15.14%	13.66%	15.02%	15.4%	18.02%	28.44%	32.31%	30.74%	30.77%	30.72%	27.43%	22.74%	24.98%	27.66%	24.16%	16.63%
Basic Earnings Per Share	$7.16	$2.20	$4.93	$4.28	$3.35	$3.78	$3.70	$2.27	$2.46	$2.21	$1.99	$1.78	$1.52	$1.03	$1.17
Diluted Earnings Per Share	$7.13	$2.194M	$4.92	$4.27	$3.34	$3.76	$3.69	$2.27	$2.46	$2.21	$1.99	$1.78	$1.52	$1.03	$1.17	$1.242M	$896.6K	$619.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Cash & Short-Term Investments	$600.7M	$524.4M	$379.0M	$337.8M	$300.3M	$310.8M	$190.8M	$97.30M	$102.3M	$147.9M	$221.3M	$135.6M	$134.9M	$53.80M	$383.7M	$281.4M
YoY Change	14.55%	38.36%	12.2%	12.49%	-3.38%	62.89%	96.1%	-4.85%	-30.86%	-33.17%	63.2%	0.52%	150.74%	-85.98%	36.35%
Cash & Equivalents	$543.2M	$432.7M	$341.9M	$245.4M	$229.3M	$275.1M	$143.5M	$97.30M	$102.3M	$147.9M	$221.3M	$135.6M	$134.9M	$53.80M	$383.7M	$281.4M
Short-Term Investments	$57.50M	$91.70M	$37.10M	$92.40M	$71.00M	$35.70M	$47.30M
Other Short-Term Assets	$966.8M	$613.5M	$782.7M	$838.6M	$15.80M	$15.20M	$9.400M	$14.14M	$11.43M	$16.30M	$15.60M	$9.900M	$10.50M	$12.90M	$15.20M	$40.90M
YoY Change	57.59%	-21.62%	-6.67%	5207.59%	3.95%	61.7%	-33.51%	23.69%	-29.88%	4.49%	57.58%	-5.71%	-18.6%	-15.13%	-62.84%
Inventory
Prepaid Expenses
Receivables	$337.3M	$369.8M	$326.9M	$337.3M	$234.7M	$287.3M	$217.3M	$69.90M	$62.54M	$58.40M	$49.90M	$45.70M	$37.60M	$37.70M	$30.40M	$29.50M
Other Receivables	$74.50M	$48.30M	$42.70M	$53.10M	$56.80M	$70.40M	$17.20M	$53.71M	$27.90M	$21.50M	$22.00M	$11.70M	$6.700M	$5.600M	$3.700M	$9.400M
Total Short-Term Assets	$1.979B	$1.556B	$1.531B	$1.567B	$607.6M	$683.7M	$434.7M	$235.0M	$204.1M	$244.1M	$308.9M	$202.9M	$189.7M	$109.9M	$433.1M	$361.2M
YoY Change	27.2%	1.61%	-2.27%	157.87%	-11.13%	57.28%	84.94%	15.15%	-16.38%	-20.98%	52.24%	6.96%	72.61%	-74.62%	19.91%
Property, Plant & Equipment	$245.8M	$222.2M	$217.6M	$193.6M	$100.4M	$76.60M	$78.80M	$60.85M	$65.27M	$71.80M	$72.20M	$79.00M	$81.70M	$87.00M	$96.20M	$89.80M
YoY Change	10.62%	2.11%	12.4%	92.83%	31.07%	-2.79%	29.5%	-6.78%	-9.09%	-0.55%	-8.61%	-3.3%	-6.09%	-9.56%	7.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$345.3M	$253.2M	$245.8M	$42.70M	$61.20M	$86.20M	$82.70M	$72.92M	$48.43M	$12.40M	$14.60M	$14.30M	$14.30M	$12.60M	$3.100M	$5.700M
YoY Change	36.37%	3.01%	475.64%	-30.23%	-29.0%	4.23%	13.41%	50.57%	290.56%	-15.07%	2.1%	0.0%	13.49%	306.45%	-45.61%
Other Assets	$34.80M	$181.9M	$87.30M	$51.80M	$43.00M	$28.40M	$18.90M	$9.684M
YoY Change	-80.87%	108.36%	68.53%	20.47%	51.41%	50.26%	95.17%
Total Long-Term Assets	$5.508B	$5.443B	$5.283B	$4.950B	$4.506B	$4.637B	$4.831B	$241.6M	$180.7M	$139.8M	$132.7M	$136.0M	$138.2M	$144.2M	$138.8M	$134.9M
YoY Change	1.2%	3.02%	6.74%	9.84%	-2.82%	-4.01%	1899.83%	33.71%	29.23%	5.35%	-2.43%	-1.59%	-4.16%	3.89%	2.89%
Total Assets	$7.488B	$6.999B	$6.815B	$6.517B	$5.114B	$5.321B	$5.266B	$476.6M	$384.8M	$383.9M	$441.6M	$338.9M	$327.9M	$254.1M	$571.9M	$496.1M
YoY Change
Accounts Payable	$24.70M	$420.2M	$19.50M	$28.50M	$21.00M	$12.80M	$43.20M	$6.466M	$1.762M	$2.800M	$4.200M	$700.0K	$1.900M	$40.10M	$43.00M	$55.10M
YoY Change	-94.12%	2054.87%	-31.58%	35.71%	64.06%	-70.37%	568.11%	266.97%	-37.07%	-33.33%	500.0%	-63.16%	-95.26%	-6.74%	-21.96%
Accrued Expenses	$213.1M	$211.2M	$164.9M	$122.3M	$138.3M	$175.3M	$102.2M	$66.37M	$51.44M	$46.30M	$48.70M
YoY Change	0.9%	28.08%	34.83%	-11.57%	-21.11%	71.53%	53.99%	29.03%	11.1%	-4.93%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$0.00	$304.7M	$0.00	$68.70M	$0.00	$299.8M
YoY Change	-100.0%		-100.0%		-100.0%
Total Short-Term Liabilities	$1.383B	$1.477B	$1.169B	$1.313B	$281.6M	$595.9M	$334.0M	$89.84M	$74.00M	$73.70M	$107.5M	$52.20M	$52.30M	$48.80M	$358.7M	$90.90M
YoY Change	-6.35%	26.33%	-10.96%	366.37%	-52.74%	78.41%	271.76%	21.41%	0.4%	-31.44%	105.94%	-0.19%	7.17%	-86.4%	294.61%
Long-Term Debt	$1.439B	$1.437B	$1.299B	$1.135B	$867.6M	$915.6M	$1.238B	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	0.13%	10.62%	14.46%	30.84%	-5.24%	-26.04%
Other Long-Term Liabilities	$462.1M	$396.2M	$368.4M	$341.5M	$209.4M	$122.3M	$85.60M	$56.23M	$45.84M	$46.50M	$35.90M	$26.60M	$17.90M	$8.900M	$4.500M	$4.400M
YoY Change	16.63%	7.55%	7.88%	63.09%	71.22%	42.87%	52.24%	22.67%	-1.43%	29.53%	34.96%	48.6%	101.12%	97.78%	2.27%
Total Long-Term Liabilities	$1.901B	$1.834B	$1.668B	$1.477B	$1.077B	$1.038B	$1.324B	$56.23M	$45.84M	$46.50M	$35.90M	$26.60M	$17.90M	$8.900M	$4.500M	$4.400M
YoY Change	3.7%	9.94%	12.93%	37.11%	3.77%	-21.58%	2253.89%	22.67%	-1.43%	29.53%	34.96%	48.6%	101.12%	97.78%	2.27%
Total Liabilities	$3.503B	$3.534B	$3.210B	$3.168B	$1.758B	$2.080B	$2.155B	$158.7M	$125.1M	$133.8M	$157.1M	$99.70M	$91.60M	$78.20M	$383.8M	$114.5M
YoY Change	-0.88%	10.09%	1.33%	80.15%	-15.47%	-3.48%	1258.24%	26.79%	-6.47%	-14.83%	57.57%	8.84%	17.14%	-79.62%	235.2%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	105.8M	106.3M	107.0M	109.1M	111.4M	111.8M	107.2M	81.43M shares	83.08M shares	85.41M shares	87.33M shares	87.46M shares	89.99M shares	95.75M shares	90.73M shares
Diluted Shares Outstanding	106.2M	106.7M	107.2M	109.3M	111.8M	112.2M	107.5M	81.43M shares	83.08M shares	85.41M shares	87.33M shares	87.46M shares	89.99M shares	95.75M shares	90.73M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $21.459 Billion

About Cboe Global Markets, Inc.

Cboe Global Markets, Inc. engages in the provision of trading and investment solutions to investors. The company is headquartered in Chicago, Illinois and currently employs 1,647 full-time employees. The company went IPO on 2010-05-27. The firm operates through six segments. The Options segment includes options on market indices (index options), as well as on the stocks of individual corporations (equity options). The North American Equities segment includes United States equities and ETP transaction services. The Europe and Asia Pacific segment includes the pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts. Futures segment includes transaction services provided by Cboe Futures Exchange, LLC (CFE), an electronic futures exchange that offers trading of VIX futures and other futures products. The Global FX segment includes institutional FX trading services. Digital segment includes a digital asset spot market, a regulated futures exchange, and a regulated clearinghouse.

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