Cboe Global Markets, Inc. (CBOE) Stock

About Cboe Global Markets, Inc.

Cboe Global Markets, Inc. functions as a global operator of various financial exchanges, primarily renowned for its options trading platforms, all managed through its numerous subsidiaries. The company organizes its expansive business activities into five distinct segments. The Options segment specializes in the trading of listed market indices. Its North American Equities division facilitates transactions for listed stocks in the United States and Canada, also offering services for exchange-traded products (ETPs), encompassing both trading and listing. The Futures segment is dedicated to futures trading. The Europe and Asia Pacific division delivers a broad range of services, including transactions for pan-European listed equities and derivatives, ETPs, exchange-traded commodities, and international depository receipts, along with ETP listing and clearing provisions. Finally, the Global FX segment serves institutional foreign exchange trading and non-deliverable forward FX transactions. Cboe Global Markets has established important strategic partnerships with key players such as S&P Dow Jones Indices, LLC; FTSE International Limited; Frank Russell Company; MSCI Inc.; and DJI Opco, LLC. The company, which originated in Chicago, Illinois, in 1973, previously operated as CBOE Holdings, Inc. until its rebranding in October 2017.

Cboe Global Markets, Inc. is led by CEO Craig Steven Donohue, employs 1,685 people, headquartered in Chicago, US, publicly traded since 2010.

Cboe Global Markets, Inc. (CBOE) stock trades at $288.87 with a market capitalization of $30.23B. The stock is valued at a price-to-earnings (P/E) ratio of 29.74, price-to-book of 6.79, price-to-sales of 7.59. Over the past 52 weeks the stock has ranged between $223.54 and $371.18, and currently trades 22.2% below its 52-week high. It pays a dividend yielding 0.80%.

On profitability, Cboe Global Markets, Inc. generates a return on equity (ROE) of 25.14% — well above the market average, a sign of a high-quality business, return on capital employed of 29.47%, an operating margin of 32.12%, a net profit margin of 25.77%.

In its most recent fiscal year, Cboe Global Markets, Inc. reported annual revenue of $4.7B, net profit of $1.1B, revenue has compounded at 6.6% a year over the last five years, profit at 18.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.29 — a conservative balance sheet with little leverage risk, a current ratio of 1.87, total assets of $9.3B, $2.2B in cash and equivalents.

CBOE has an average daily trading volume of 1,410,000 shares, a beta of 0.40 (less volatile than the overall market).

Official website: www.cboe.com