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CBOE

Cboe Global Markets, Inc.

CBOEResearch view

Cboe Global Markets, Inc. operates in the Security & Commodity Brokers, Dealers, Exchanges & Services industry.

$271.26−2.14%

Oct 2 close · 1D EOD · Databento

Financial ServicesSecurity & Commodity Brokers, Dealers, Exchanges & ServicesLarge-capSEC EDGAR FY 2025-12-31

What happened

Daily closes · dots are Wire stories

What’s next

Expected around late October, going by its own filing history. The company has not announced a date yet. Its matching report came Oct 31, 2025 and Nov 1, 2024, before the open.

Last report

Jul 31, 2026+4.62%

before the open

Last 4, next close

median 4.17% either way

up 3 of 4

Every report since 2022 →Earnings calendar →

DateEventSourceNext close

Jul 31Earnings release, before the open · 8-KSEC EDGARSEC EDGAR ↗+4.62%

Next close = the first close after the event against the close before it. Prior-session closes only; not a call, not advice.

What happened · big days

23 big days in a year, and what we hold on each

A big day is a close more than 3.48% from the one before, three times CBOE’s median day (1.16%). On 2 of the 23, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.

every other trading daya big day, numbered in the list below±3.48%Hover a bar for its day. Click a big day to open it.

Shaded: since our stories began, Jun 10. Tap a bar for its day.

#DayCBOEWhat we hold that dayGroup (median of 4) · each

1 Oct 31, 2025+3.73%
Resultsgroup +0.4%, did not move with it
1Oct 31, 2025+3.73%
ResultsFirst close after the Oct 31 results filing
+0.4% did not move with itLPLA +11.5 · CME +1.0 · NDAQ −0.2 · ICE −1.5
2 Mar 10, 2026−4.57%
Before our storiesgroup −2.4%, moved with CBOE
2Mar 10, 2026−4.57%
Before our stories
−2.4% moved with CBOECME −4.0 · ICE −3.4 · LPLA −1.4 · NDAQ −0.5
3 May 1, 2026+8.95%
Resultsgroup −1.4%, did not move with it
3May 1, 2026+8.95%
ResultsFirst close after the May 1 results filing
−1.4% did not move with itCME +0.6 · NDAQ −0.6 · ICE −2.1 · LPLA −4.6
4 May 4, 2026+3.65%
Before our storiesgroup +0.5%, did not move with it
4May 4, 2026+3.65%
Before our stories
+0.5% did not move with itICE +1.1 · LPLA +0.7 · CME +0.3 · NDAQ −0.0
5 Jun 1, 2026−9.76%
Before our storiesgroup −0.8%, did not move with it
5Jun 1, 2026−9.76%
Before our stories
−0.8% did not move with itCME −5.8 · ICE −1.9 · NDAQ +0.3 · LPLA +0.5
6 Jun 2, 2026−8.44%
Before our storiesgroup −2.3%, did not move with it
6Jun 2, 2026−8.44%
Before our stories
−2.3% did not move with itNDAQ −5.3 · CME −2.8 · ICE −1.8 · LPLA −0.9
7 Jun 9, 2026+3.67%
Before our storiesgroup +1.6%, did not move with it
7Jun 9, 2026+3.67%
Before our stories
+1.6% did not move with itICE +1.8 · LPLA +1.6 · CME +1.6 · NDAQ +0.8
8 Jun 10, 2026+3.61%
Nothing on CBOEgroup −0.3%, did not move with it
8Jun 10, 2026+3.61%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−0.3% did not move with itCME +3.1 · LPLA +0.3 · ICE −0.9 · NDAQ −0.9
9 Jun 16, 2026−9.45%
Nothing on CBOEgroup −0.4%, did not move with it
9Jun 16, 2026−9.45%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−0.4% did not move with itNDAQ −1.9 · CME −1.7 · ICE +0.8 · LPLA +2.7
10 Jun 17, 2026−3.98%
Nothing on CBOEgroup −4.1%, moved with CBOE
10Jun 17, 2026−3.98%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−4.1% moved with CBOENDAQ −6.7 · ICE −4.7 · CME −3.5 · LPLA +0.4
11 Jun 29, 2026−4.42%
Nothing on CBOEgroup −0.9%, did not move with it
11Jun 29, 2026−4.42%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−0.9% did not move with itNDAQ −2.2 · CME −1.1 · ICE −0.8 · LPLA +0.2
12 Jun 30, 2026+4.82%
Nothing on CBOEgroup +1.8%, did not move with it
12Jun 30, 2026+4.82%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
+1.8% did not move with itLPLA +4.6 · NDAQ +2.6 · CME +1.0 · ICE +0.2
13 Jul 7, 2026+5.53%
Nothing on CBOEgroup +1.7%, did not move with it
13Jul 7, 2026+5.53%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
+1.7% did not move with itCME +2.5 · NDAQ +2.3 · ICE +1.1 · LPLA +0.9
14 Jul 29, 2026+3.50%
Nothing on CBOEgroup +0.3%, did not move with it
14Jul 29, 2026+3.50%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
+0.3% did not move with itCME +2.1 · ICE +1.0 · NDAQ −0.4 · LPLA −1.4
15 Jul 30, 2026−3.67%
Nothing on CBOEgroup +0.5%, did not move with it
15Jul 30, 2026−3.67%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
+0.5% did not move with itNDAQ −0.4 · LPLA +0.4 · CME +0.7 · ICE +1.3
16 Jul 31, 2026+4.62%
Resultsgroup −0.4%, did not move with it
16Jul 31, 2026+4.62%
ResultsFirst close after the Jul 31 results filing
−0.4% did not move with itLPLA +4.3 · CME +0.2 · NDAQ −1.0 · ICE −2.4
17 Aug 3, 2026−4.00%
Nothing on CBOEgroup −0.3%, did not move with it
17Aug 3, 2026−4.00%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−0.3% did not move with itCME −0.6 · ICE −0.5 · NDAQ −0.1 · LPLA +1.9
18 Aug 19, 2026−3.52%
Nothing on CBOEgroup −1.0%, did not move with it
18Aug 19, 2026−3.52%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−1.0% did not move with itLPLA −2.6 · CME −1.7 · NDAQ −0.4 · ICE +0.7
19 Aug 20, 2026+4.76%
Nothing on CBOEgroup +1.1%, did not move with it
19Aug 20, 2026+4.76%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
+1.1% did not move with itCME +1.5 · NDAQ +1.3 · ICE +0.9 · LPLA −1.4
20 Sep 2, 2026−4.39%
Nothing on CBOEgroup −1.5%, did not move with it
20Sep 2, 2026−4.39%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−1.5% did not move with itCME −3.0 · NDAQ −1.9 · ICE −1.1 · LPLA −0.7
21 Sep 15, 2026−4.94%
Nothing on CBOEgroup −1.5%, did not move with it
21Sep 15, 2026−4.94%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−1.5% did not move with itNDAQ −2.6 · CME −1.9 · LPLA −1.1 · ICE −0.5
22 Sep 25, 2026−3.57%
Nothing on CBOEgroup −1.4%, did not move with it
22Sep 25, 2026−3.57%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−1.4% did not move with itICE −1.7 · CME −1.6 · NDAQ −1.1 · LPLA +3.8
23 Sep 30, 2026+5.17%
Nothing on CBOEgroup −0.3%, did not move with it
23Sep 30, 2026+5.17%
Nothing on CBOENo CBOE story, brief or results filing in our record that day
−0.3% did not move with itNDAQ +0.2 · ICE −0.1 · CME −0.5 · LPLA −0.7

A story on the same day is not a cause, and a group move is not proof either. Group: the median of CME, ICE, NDAQ and LPLA that day, the largest companies in CBOE’s SEC industry; “moved with CBOE” means the same direction and at least half the size.

What’s next · results

Before the next report: what the first day after the last four did

Six trading days after each results filing (SEC 8-K, Item 2.02). CBOE reports before the open, so day 1 is that day’s close. 3 of 4 times, day 6 ended on the same side as day 1.

Reported Oct 31, 2025

day 1+3.73%day 6+8.37%

Reported Feb 6, 2026

day 1−0.70%day 6−0.06%

Reported May 1, 2026

day 1+8.95%day 6+16.15%

Reported Jul 31, 2026

day 1+4.62%day 6−3.35%

Next report: expected late OctoberEstimated from the dates of its last four results filings. Not announced. Since the Jul 31 report: −8.52%. Four reports is a small sample.

Every report since 2022 →

Each line is CBOE’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.

The numbers · FY2025, filed

SEC EDGAR

Market cap$28.3B

Revenue$4.7B+15.10%

Net income$1.1B

EPS, diluted$10.42+44.50%

Gross margin51.5%

Operating margin31.1%

Return on equity21.4%

Debt / equity0.28

All filed figures

Snapshot

SEC EDGAR · FY 2025-12-31

SectorFinancial Services

Market Cap$28.3B

Enterprise Value$25.9B

Income$1.1B

Sales$4.7B

Book/sh$49.20

Cash/sh$37.05

Dividend TTM$2.70

Payout26%

Employees—

IPO—

Quick Ratio—

Current Ratio1.87

Debt/Eq0.28

EPS (ttm)$10.42

EPS this Y44.5%

EPS past 3/5Y68.2%

Sales past 3/5Y6.0%

EPS Y/Y TTM44.5%

Sales Y/Y TTM15.1%

Shs Outstand104.43M

ROA11.8%

ROE21.4%

ROIC38.0%

Gross Margin51.5%

Oper. Margin31.1%

Profit Margin23.3%

Every figure here is filed with the SEC. Valuation and estimate metrics (P/E, PEG, EV/EBITDA, price targets, forward EPS) are omitted until our market-data feed is licensed for display — we’d rather show fewer numbers than blank ones. Deeper lines (cash flow, balance sheet) below.

Revenue by fiscal year

$3.5B

FY21

$4.0B

FY22

$3.8B

FY23

$4.1B

FY24

$4.7B

FY25

Operating leverage — margins

GrossOperatingNet

Financials, annual · income and cash flowSEC EDGAR · open ▸

Financials — annual

SEC EDGAR · last 5 FY · tap a row to explain it

USD	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$3.5B	$4.0B	$3.8B	$4.1B	$4.7B
Gross Profit	$1.5B	$1.7B	$1.9B	$2.1B	$2.4B
Operating Income	$805.9M	$489.6M	$1.1B	$1.1B	$1.5B
Net Income	$529.0M	$235.0M	$761.4M	$764.9M	$1.1B
Diluted EPS	$4.92	$2.19	$7.13	$7.21	$10.42
Operating Cash Flow	$596.8M	$651.1M	$1.1B	$1.1B	$1.8B
Free Cash Flow	$545.8M	$591.3M	$1.0B	$1.0B	$1.7B

Same industry

CBOE against four same-industry peers, a year at 100

CBOE is up 13.2% in a year. All four did less: Nasdaq (+3.1%), LPL Financial (+0.5%), CME Group (−0.6%) and Intercontinental Exchange (−7.7%). Weekly closes, Oct 3, 2025 = 100, on a log scale, so the same percentage move is the same height on every line.

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CBOE +13.2%. Nasdaq +3.1%, LPL Financial +0.5%, CME Group −0.6%, Intercontinental Exchange −7.7%. Weekly closes, Oct 3, 2025 = 100, log scale.

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End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in CBOE’s SEC industry (Security & Commodity Brokers, Dealers, Exchanges & Services) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

Same industry

In the screener →

CME$94.8B ICE$84.3B NDAQ$50.5B LPLA$24.9B TW$22.0B SNEX$7.9B BGC$5.7B TOP$570M

Build basket with CBOE Screener

Fundamentals sourced from SEC EDGAR filings (public domain). For informational purposes only. Not investment advice.