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CBOE

Cboe Global Markets

FinancialsBanks & BrokersS&P 500
Ticker CBOECHICAGO, ILFiscal year ends DecemberBook value per share $53.58Diluted shares 105.0M

Cboe Global Markets, Inc. (Cboe: CBOE) operates exchange and market infrastructure businesses across derivatives, equities, foreign exchange, fixed income, data and clearing. Its venues facilitate trading in listed options and futures, U.S. and international equities, exchange-traded products, institutional foreign… From the company’s description.

In fiscal 2025, Cboe Global Markets reported revenue of $4.71B, up 15.1% from fiscal 2024, and net income of $1.10B. Its pre-tax margin was 31.1%. Over the twelve months to Jun 30, 2026, revenue was $5.06B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.71BFY2025
+15.1% year over year
Last 12 mo $5.06B
31.12%FY2025
+4.3 percentage points
Last 12 mo 34.69%
$1.10BFY2025
+43.8% year over year
Last 12 mo $1.35B
22.05%FY2025
+2.8 percentage points
Last 12 mo 24.05%
Cash & financing
$1.75BFY2025
+59.2% year over year
Last 12 mo $1.96B
$1.68BFY2025
+61.7% year over year
Last 12 mo $1.87B
0.60FY2025
Was 0.34× a year earlier
Last 12 mo 0.26
105.1MFY2025
−0.4% year over year
Last 12 mo 105.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Cboe Global Markets does

In the company’s own words

Cboe Global Markets, Inc. (Cboe: CBOE) operates exchange and market infrastructure businesses across derivatives, equities, foreign exchange, fixed income, data and clearing. Its venues facilitate trading in listed options and futures, U.S. and international equities, exchange-traded products, institutional foreign exchange and U.S. government securities; it also provides market data, index licensing, connectivity, analytics and post-trade clearing. Customers include financial institutions, broker-dealers, trading platforms, institutional and individual investors, professional traders, asset managers and corporates. Cboe reports five segments: Options; North American Equities; Europe and Asia Pacific; Futures; and Global FX. Its portfolio includes the Cboe Options exchange, CFE futures market, BIDS block-trading platforms, Cboe Clear Europe and proprietary products such as SPX options and VIX options and futures. Cboe Data Vantage provides data, access, index and analytics services across the business. In 2025, Cboe Clear Europe cleared an average of €69 billion in value daily. The company completed its acquisition of Bats Global Markets in 2017. Its website is www.cboe.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
CHICAGO, IL
Fiscal year end
December
CIK
1374310
SIC
6200

Financial performance, year by year

Fiscal 2013–2025 · USD
$-506.13M$1.01B$2.53B$4.05B$5.57B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Cboe Global Markets — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

767
funds hold it
1 of 35
superinvestors hold it
$10.17B
held by funds, at market
36.7%
of shares held by funds
3
bond issues held by funds

Superinvestors in Cboe Global Markets · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Cboe Global Markets’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.25%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.05%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Cboe Global Markets’s bonds, as funds hold them

Funds report holding 3 issues of Cboe Global Markets’s debt, $125.67M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.69%, maturing 2027 to 2032.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Cboe Global Markets and its peers compare on margins and cash generation over ten years?”
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