Cboe Global Markets, Inc. CBOE
Investment Bankers/Brokers/Service · IPO 2010 · data as of November 13, 2026
Cboe Global Markets, Inc. (CBOE) is a financial company listed in the US with a market value of about $42.0B. In the twelve months to September 30, 2026 it had revenue of $5.3B and net income of $1.5B, a net margin of 28.0%.
Its overall Stock Analiz score is 3.4 out of 5 (good). The strongest part is financial health (5/5); the weakest is value (2/5).
Key numbers: a P/E of 26.7, a price to free cash flow of 16.6, 5-year revenue growth of 7% a year, a 5-year average ROIC of 12%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 62% below the current price.
Score: 3.4 / 5
Checks passed
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- ROE above 15%
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- 20% to 100% of free cash flow returned to shareholders
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3B | $4.7B | $4.1B | $3.8B | $4.0B | $3.5B | $3.4B | $2.5B | $2.8B | $2.2B | $703M |
| Net income | $1.5B | $1.1B | $765M | $761M | $234M | $529M | $468M | $375M | $426M | $402M | $187M |
| Free cash flow | $2.5B | $1.7B | $1.0B | $1.0B | $591M | $546M | $1.4B | $598M | $498M | $337M | $185M |
| EPS (diluted) | $14.06 | $10.42 | $7.21 | $7.13 | $2.19 | $4.92 | $4.27 | $3.34 | $3.76 | $3.69 | $2.27 |
| Net margin | 28.0% | 23.3% | 18.7% | 20.2% | 5.9% | 15.1% | 13.7% | 15.0% | 15.4% | 18.0% | 26.6% |
| ROIC | — | 15.3% | 13.2% | 13.7% | 5.0% | 11.2% | 10.0% | 9.3% | 10.0% | 6.8% | 56.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 15 analysts is $355.60, 5% below the current price; targets range from $299.00 to $461.00; the consensus rating is “Hold”; expected EPS is $14.38 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Cboe Global Markets’s P/E ratio?
About 26.7, based on the last twelve months of diluted earnings per share (forward P/E about 24.8).
Is Cboe Global Markets stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 62% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Cboe Global Markets pay a dividend?
Yes. The dividend yield is about 0.93%, and it has paid dividends for 10 years in our data.
Is Cboe Global Markets a good stock to buy?
We do not give buy or sell advice. Cboe Global Markets scores 3.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.