Cboe Global Markets, Inc. (CBOE) is a Financials stock trading at $294.13 (as of 2026-08-20), with a market capitalization of $30.72B and a trailing P/E of 21.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
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.
Cboe Global Markets operates options, equities, futures, and FX trading exchanges, and it makes money from trading activity on its platforms through segment net revenue.
Because Cboe is an exchange, its profit engine is transaction-based activity on its trading platforms, so platform trading volumes and related capture metrics are structural drivers of revenue and operating results.
| Options | $0.5B |
| North Am Eq | $0.1B |
| Europe APAC Eq | $0.1B |
| Futures | $0.0B |
| Global FX | $0.0B |
| Unallocated | $0.6B |
Business quality (Strong): The official segment mix is clear, but the provided segment net revenue figures sum to less than the latest quarter’s total revenue, so an Unallocated residual (0.57B) was required to reconcile to 1.3B.
Valuation: At 21× earnings, CBOE trades 38% below the Trading average (34×). Note: one-time items can distort reported P/E.
| Price | $294.13 |
| Market Cap | $30.72B |
| P/E Ratio | 21.6 |
| EV / EBITDA | 13.8 |
| Price / Book | 5.46 |
| Price / Sales | 5.99 |
| FCF Yield | 21.6% |
| DCF Value (model) | $234.28 |
| DCF Upside vs Price | -20.3% |
| Revenue (TTM) | $4.71B |
| Net Margin | 23.3% |
| Revenue Growth (YoY) | 15.1% |
| EPS Growth (YoY) | 44.5% |
| FCF Growth (YoY) | 61.7% |
| Altman Z-Score | 6.26 (safe) |
| Piotroski F-Score | 8/9 (strong) |
| Stock P/E | 21.6 |
| Sector P/E (Financials) | 15.1 |
| Industry P/E (Trading) | 34.6 |
| vs Sector | 42.4% |
| vs Industry | -37.7% |
| Top Institutional Holder | VANGUARD GROUP INC ($3.25B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 3 |
| Sector | Financials |
| Industry | Trading |
| CEO | Craig Steven Donohue |
| Employees | 1,685 |
| Country | US |
| IPO Date | 2010-06-15 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.