CBOE - AMEX

Cboe Global Markets, Inc.

Cboe Global Markets, Inc.

CBOE·AMEX

$271.19

+2.8%
Financial ServicesFinancial - Data & Stock Exchanges

Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and ETP listing services. The Futures segment trades in futures. The Europe and Asia Pacific segment offers pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services. The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transactions services. The company has strategic relationships with S&P Dow Jones Indices, LLC; FTSE International Limited; Frank Russell Company; MSCI Inc.; and DJI Opco, LLC. The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017. Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$28.38B
EPS7.2400
P/E Ratio37.46
Earnings Date02/06/2026
1.02B
Operating Cash Flow
29%
3Y+72.0%
5Y+62.0%
10Y+318.0%
-141.80M
Investing Cash Flow
157%
3Y-60.0%
5Y+792.0%
10Y+79.0%
-495.00M
Financing Cash Flow
-25%
3Y+147.0%
5Y-25.0%
10Y+134.0%
CBOE

Cboe Global Markets, Inc. Cash Conversion Engine

CBOE · AMEX
Net Income761.00M
Depreciation & Amortization133.00M
Stock-Based Compensation0.00
Change in Working Capital21.10M
Others109.50M
Capital Expenditures-60.90M
Free Cash Flow963.70M

Cash Flow Quality Analysis

FCF Conversion Rate

126.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

5.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+28.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$21.10M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Cboe Global Markets, Inc. Cash Flow Statement

CBOE • AMEX

Cboe Global Markets, Inc. Cash Flow StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008
OPERATING ACTIVITIES
Net Income
761M
757.5M
234.1M
527.3M
467M
372.7M
422.1M
396.7M
184.9M
204.1M
188.4M
173.9M
155.3M
136.6M
98.2M
106.5M
115.3M
Depreciation & Amortization
133M
158M
166.8M
167.4M
158.5M
176.6M
204M
192.2M
44.5M
46.4M
40M
34.6M
31.6M
34.2M
30M
27.7M
25.7M
Other Non-Cash Items
109.5M
-15.5M
334.3M
15.7M
-10.1M
31.4M
-4.6M
-160.4M
-4.2M
4.8M
21.6M
18.2M
15.8M
18.5M
24.6M
2.8M
980K
Cash Taxes Paid
(362.4M)
(286.4M)
(271.1M)
(209.8M)
(191.5M)
(0.0)
(213.4M)
(177.4M)
(142.1M)
(133.5M)
(104M)
-113.7M
-82.6M
(93.2M)
(70.3M)
(61.5M)
(0.0)
Change in Working Capital
21.1M
-107M
133.4M
-113.6M
843.4M
52.1M
-86.8M
-54.1M
-3.7M
-9.9M
12.8M
-2.1M
-2M
13.9M
-17.7M
-23.9M
23M
Cash from Operating Activities
1B
793M
868.6M
596.8M
1.5B
632.8M
534.7M
374.4M
221.4M
245.3M
262.7M
224.4M
200.5M
203.1M
134.9M
112.8M
164.9M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment
-60.9M
-45M
-59.8M
-51M
-47.4M
-35.1M
-36.3M
-37.5M
-44.4M
-39.3M
-50.2M
-28.7M
-30.1M
-29.1M
-23.6M
-38M
-43.8M
Acquisitions, Net
(4M)
(0.0)
-708.3M
-151.5M
-351.5M
(0.0)
(0.0)
-1.4B
-14.3M
-3M
(0.0)
(0.0)
(0.0)
(0.0)
-8M
(0.0)
(105K)
Purchase of Investments
-155.8M
-146.9M
-119.3M
-311M
-234.6M
-108.8M
-168M
-140M
-23.3M
-35.4M
-2M
-2.5M
-2.9M
-1.3M
-8M
(0.0)
(0.0)
Sale/Maturity of Investments
67.9M
135.7M
52.3M
160.2M
202.5M
98M
178.7M
155.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Other Investing Items
3M
1.1M
0.0
600K
500K
30M
0.0
0.0
-2.4M
-1.7M
3K
8K
0.0
112K
-998K
27.7M
-20.4M
Cash from Investing Activities
-141.8M
-55.1M
-835.1M
-352.7M
-430.5M
-15.9M
-25.6M
-1.4B
-84.4M
-79.4M
-52.1M
-31.2M
-33M
-30.3M
-32.5M
-10.3M
-64.1M
FINANCING ACTIVITIES
Net Issuance of Common Stock
-225.7M
-114.5M
-110.4M
-87.5M
-363.1M
-158.6M
-159.7M
-24.1M
-64.6M
-135.3M
-176.7M
-51.4M
-52.9M
0.0
791K
0.0
0.0
Net Issuance of Debt
0.0
-305M
438.7M
90M
334.2M
-350M
-25M
1.2B
0.0
-4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Cash Paid for Dividends
-249.4M
-223.5M
-209.4M
-193.3M
-170.6M
-150M
-130.3M
-118.1M
-78.5M
-73.4M
-110.8M
-58.4M
-114M
-40.4M
-19.7M
(0.0)
(0.0)
Share Repurchases
-225.7M
-114.5M
-110.4M
-87.5M
-363.3M
-167.9M
-161.8M
-26.1M
-64.6M
-135.3M
-176.7M
-51.4M
-52.9M
(0.0)
-300.4M
(0.0)
(0.0)
Other Financing Items
-19.9M
-13.1M
-37.2M
-9.5M
-2.2M
-4.3M
-56.6M
0.0
1.2M
1.3M
3.6M
2.4M
0.0
-51.3M
-300M
-119K
-828K
Cash from Financing Activities
-495M
-656.1M
81.7M
-200.3M
-201.7M
-662.9M
-371.6M
1.1B
-150.2M
-211.5M
-283.9M
-107.4M
-166.9M
-91.7M
-432.3M
-119K
-828K
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates
-15.8M
33.8M
-24.4M
52.7M
-810.5M
200K
-5.9M
8.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-26.2M
207.6M
Net Change in Cash
372M
115.6M
90.8M
96.5M
16.1M
-45.8M
131.6M
46.2M
-5M
-45.7M
-73.4M
85.7M
661K
81.1M
-329.9M
76.2M
307.6M
Cash at Beginning of Period
548.3M
432.7M
341.9M
245.4M
229.3M
275.1M
143.5M
97.3M
102.3M
147.9M
221.3M
135.6M
134.9M
53.8M
383.7M
307.6M
0.0
Cash at End of Period
920.3M
548.3M
432.7M
341.9M
245.4M
229.3M
275.1M
143.5M
97.3M
102.3M
147.9M
221.3M
135.6M
134.9M
53.8M
383.7M
307.6M
Free Cash Flow
963.7M
748M
808.8M
545.8M
1.4B
597.7M
498.4M
336.9M
177M
205.9M
212.5M
195.7M
170.5M
174M
111.4M
74.8M
121.1M

SEC Filings

CBOE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 18, 2026
May 14, 2026
2026
View Filing
10-Q

10-Q 2026 Q1

Q1

May 01, 2026
March 31, 2026
2026
View Filing
8-K

8-K 2026

N/A

May 01, 2026
May 01, 2026
2026
View Filing
DEF 14A

DEF 14A 2026

N/A

April 02, 2026
May 14, 2026
2026
View Filing
10-K

10-K 2025 FY

FY

February 20, 2026
December 31, 2025
2025
View Filing
8-K

8-K 2026

N/A

February 06, 2026
February 06, 2026
2026
View Filing
8-K

8-K 2026

N/A

January 26, 2026
January 26, 2026
2026
View Filing
10-Q

10-Q 2025 Q3

Q3

October 31, 2025
September 30, 2025
2025
View Filing
8-K

8-K 2025

N/A

October 31, 2025
October 31, 2025
2025
View Filing
8-K

8-K 2025

N/A

August 01, 2025
August 01, 2025
2025
View Filing
Showing 1 to 10 of 263 filings

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