Cboe Global Markets, Inc.

10-K & 10-Q Filings

Cboe Global Markets, Inc. is a leading provider of market infrastructure and tradable products across cash and spot markets, derivatives markets, and data and access solutions. The company operates in six business segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. Its proprietary products include SPX options on the S&P 500 Index and volatility indices based on broad-based market indices and ETFs. Cboe has strategic relationships with index providers such as S&P Global, FTSE Russell, and MSCI. The company's website is cbofutures.com and its ticker symbol is "CBOE".

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$508.14
512.34
572.05
617.23
634.54
656.95
2229.10
2768.80
2496.10
3427.10
3494.80
3958.50
3773.50
988.20
957.20
18.19%-3.14%Net Interest Income (+)
$
-0.04
Interest Expense (-)
$
0.04
41.30
38.20
35.90
37.60
47.40
56.40
15.10
Non Interest Income (+)
$
634.59
Depreciation & Amortization (-)
$34.09
31.48
34.49
39.91
46.27
44.38
192.20
204.00
176.60
158.50
167.40
166.80
158.00
41.40
37.30
13.63%-9.90%Non-recurring Operating Expenses (-)
$
84.40
30.00
48.50
45.20
15.60
480.80
7.40
6.40
0.60
-90.63%Operating Expenses (-)
$266.51
268.24
286.24
303.42
314.62
358.75
623.70
617.50
599.70
592.10
670.20
1252.10
860.10
223.50
219.70
10.26%-1.70%Operating Income/Loss (+)
$241.63
244.10
285.81
313.80
319.93
298.20
371.90
599.40
537.20
662.20
805.90
489.60
1057.90
247.90
282.40
13.09%13.92%Non-operating Income/Expense (+)
$-1.55
-1.55
-2.16
-4.10
4.10
8.40
-37.50
-28.20
-35.80
-1.80
-49.80
-56.70
-10.30
0.30
9.70
3133.33%Earnings before Tax (+)
$240.08
242.55
283.66
309.70
324.02
306.60
334.40
571.20
501.40
660.40
756.10
432.90
1047.60
248.20
292.10
13.06%17.69%Tax Expense (-)
$100.68
85.16
107.66
119.98
119.00
120.88
-66.20
146.00
130.60
192.20
227.10
197.90
286.20
74.80
82.60
9.10%10.43%Income/Loss (Continuing Operations) (+)
$139.41
157.40
176.00
189.71
205.02
185.72
400.60
425.20
370.80
468.20
529.00
235.00
761.40
173.40
209.50
15.20%20.82%Profit/Loss (+)
$139.41
157.40
185.72
400.60
425.20
370.80
468.20
529.00
235.00
761.40
173.40
209.50
15.20%20.82%Net Income/Loss (NCI) (-)
$
-1.10
-1.10
-1.30
-4.10
Net Income/Loss (+)
$136.58
155.25
176.00
189.71
205.02
186.82
401.70
426.50
374.90
468.20
529.00
234.10
757.50
172.60
208.30
15.35%20.68%Preferred & Other Distributions (-)
$
1.10
1.10
1.30
0.50
Net Income/Loss (Common) (+)
$136.58
155.25
173.86
188.39
204.13
184.94
396.70
422.10
372.70
467.00
527.30
234.10
757.50
172.60
208.30
15.35%20.68%EPS (Basic)
$1.52
1.78
1.99
2.21
2.46
2.27
3.70
3.78
3.35
4.28
4.93
2.20
7.16
1.63
1.97
13.79%20.86%EPS (Diluted)
$1.52
1.78
1.99
2.21
2.46
2.27
3.69
3.76
3.34
4.27
4.92
2.19
7.13
1.63
1.96
13.75%20.25%Weighted Avg Shares (Basic)
89.99
87.46
87.33
85.41
83.08
81.43
107.20
111.80
111.40
109.10
107.00
106.30
105.80
105.90
105.60
1.36%-0.28%Weighted Avg Shares (Diluted)
89.99
87.46
87.33
85.41
83.08
81.43
107.50
112.20
111.80
109.30
107.20
106.70
106.20
106.20
106.10
1.39%-0.09%Cash
$134.94
135.60
221.34
147.93
102.25
97.30
143.50
275.10
229.30
245.40
341.90
432.70
543.20
435.60
536.30
12.31%23.12%Short-term Investments
$
47.30
35.70
71.00
92.40
37.10
91.70
57.50
80.20
58.80
-26.68%Receivables
$37.58
45.67
49.89
58.39
62.53
69.90
217.30
287.30
234.70
337.30
326.90
369.80
337.30
393.40
370.20
20.07%-5.90%Prepaid Expenses (Current)
$4.15
4.15
4.01
4.62
5.12
5.36
Securities & Long-term Investments
$
48.43
72.92
Property, Plant & Equipment (Net)
$76.80
74.04
67.29
66.86
60.36
55.94
4.90
4.90
53.40
111.00
112.40
114.00
136.60
112.40
130.60
4.92%16.19%Accumulated Depreciation
$238.29
251.64
269.61
287.89
155.65
160.10
Goodwill & Intangibles
$42.17
42.72
45.94
55.67
59.31
81.33
4610.00
4411.60
4272.00
4624.10
4694.00
4785.60
4702.10
4764.90
4660.50
48.12%-2.19%Other Assets
$69.49
74.49
94.14
101.20
91.14
135.15
242.70
306.40
253.50
1106.30
1302.20
1205.10
1710.80
2117.00
2395.70
30.60%13.16%Assets (Total)
$327.87
338.86
441.59
383.90
384.79
476.62
5265.70
5321.00
5113.90
6516.50
6814.50
6998.90
7487.50
7903.50
8152.10
29.78%3.15%Accounts Payable
$46.07
45.15
96.79
60.34
61.74
79.42
156.40
202.60
175.90
254.20
303.60
423.70
413.70
387.60
304.70
20.07%-21.39%Debt (Current)
$
299.80
68.70
304.70
304.80
Debt (Non-current)
$
1237.90
915.60
914.30
1135.20
1299.30
1437.30
1439.20
1437.80
1439.60
0.13%Other Liabilities
$45.53
54.59
60.28
73.49
63.41
66.65
760.80
662.00
668.10
1709.50
1606.80
1367.90
1649.60
2234.60
2383.70
34.87%6.67%Liabilities (Total)
$91.60
99.74
157.07
133.83
125.14
146.07
2155.10
2080.00
1758.30
3167.60
3209.70
3533.60
3502.50
4364.80
4128.00
35.48%-5.43%Treasury Stock
$51.33
104.20
155.63
332.29
467.63
532.25
558.30
720.10
887.10
1250.40
106.80
131.00
10.50
213.70
125.30
-12.39%-41.37%Retained Earnings
$232.12
275.49
349.29
472.00
603.60
710.78
993.30
1288.20
1512.60
1809.80
2145.50
2171.10
2525.20
2291.20
2676.20
22.01%16.80%AOCI
$-0.90
-0.89
-1.05
-0.69
-0.82
-0.76
50.70
11.50
37.60
75.00
55.60
-31.00
-9.40
-12.20
-23.20
-90.16%Shareholder's Equity
$236.27
239.12
284.52
250.07
259.64
330.55
3110.60
3241.00
3355.60
3348.90
3604.80
3465.30
3985.00
3538.70
4024.10
26.55%13.72%Liabilities & Equity
$327.87
338.86
441.59
383.90
384.79
476.62
5265.70
5321.00
5113.90
6516.50
6814.50
6998.90
7487.50
7903.50
8152.10
29.78%3.15%Net Income/Loss
$139.41
157.40
176.00
189.71
205.02
185.72
400.60
425.20
370.80
468.20
529.00
235.00
761.40
173.40
209.50
15.20%20.82%Depreciation & Amortization
$34.18
31.57
34.60
40.00
46.36
44.46
192.20
204.00
176.60
158.50
167.40
166.80
158.00
41.40
37.30
13.61%-9.90%Increase/Decrease in Working Capital
$-13.95
1.98
2.12
-12.78
9.92
3.71
54.10
86.80
-52.10
-890.20
113.60
84.10
-175.60
-823.70
-650.00
21.09%Share-based Compensation
$12.62
12.35
20.82
15.58
12.18
14.50
52.60
35.10
21.80
21.70
26.60
30.70
41.30
16.90
11.70
10.39%-30.77%Adjustments to Reconcile Net Income
$63.72
43.14
48.38
72.94
40.25
43.84
-26.20
109.50
262.00
990.60
67.80
416.10
314.20
857.40
686.10
14.22%-19.98%Net Cash (Operating)
$203.13
200.53
224.38
262.66
245.28
229.56
374.40
534.70
632.80
1458.80
596.80
651.10
1075.60
1030.80
895.60
14.90%-13.12%Capital Expenditure
$29.14
30.07
28.67
50.15
36.38
58.66
1455.60
38.10
35.10
398.90
202.50
768.10
44.20
11.60
7.30
3.53%-37.07%Net Cash (Investing)
$-30.28
-32.98
-31.20
-104.28
-152.92
-84.39
-1436.50
-25.60
-15.90
-430.50
-352.70
-835.10
-55.10
1.90
-13.30
-800.00%Increase/Decrease in Debt
$
1243.90
-25.00
-350.00
338.70
90.00
443.60
-305.00
Increase/Decrease in Equity
$-46.99
-49.74
-45.29
-168.33
-132.17
-60.50
2.00
-138.80
-147.60
-348.90
-81.30
-100.90
-83.90
-70.00
-76.60
-9.43%Interest Expenses
$
27.00
38.70
32.70
29.20
42.10
51.00
56.70
21.40
17.40
-18.69%Dividends Paid
$40.37
47.83
58.37
110.83
73.43
78.54
118.10
130.30
150.00
170.60
193.30
209.40
223.50
53.30
58.50
15.33%9.76%Net Cash (Financing)
$-91.70
-166.90
-107.44
-283.93
-211.53
-150.13
1099.70
-371.60
-662.90
-201.70
-200.30
81.70
-656.10
-141.20
-168.60
-19.41%Cash Taxes Paid
$93.22
82.63
113.74
102.20
133.60
143.67
177.40
213.40
134.90
191.50
209.80
271.10
286.40
9.30
76.60
9.80%723.66%Effect of Exchange Rate
$
8.60
-5.90
0.20
1.60
-9.10
-10.00
52.80
21.10
-25.00
-218.48%Increase/Decrease in Cash
$
0.66
46.20
131.60
-45.80
828.20
34.70
-112.30
417.20
912.60
688.70
-24.53%Cash (Beginning)
$53.79
134.94
135.60
221.34
147.93
102.25
97.30
143.50
275.10
229.30
1057.50
1092.20
979.90
979.90
1397.10
27.36%42.58%Cash (Ending)
$134.94
135.60
221.34
147.93
102.25
97.30
143.50
275.10
229.30
1057.50
1092.20
979.90
1397.10
1892.50
2085.80
21.50%10.21%NOPAT
$147.81
160.94
171.21
210.24
188.02
158.47
445.52
375.46
392.67
470.18
582.28
182.99
768.68
238.61
208.34
14.73%-12.68%Operating Margin %
47.55%
47.64%
49.96%
50.84%
50.42%
45.39%
16.68%
21.65%
21.52%
19.32%
23.06%
12.37%
28.03%
25.09%
29.50%
NOPAT Margin %
29.09%
31.41%
29.93%
34.06%
29.63%
24.12%
19.99%
13.56%
15.73%
13.72%
16.66%
4.62%
20.37%
24.15%
21.77%
Net Margin %
26.88%
30.30%
30.77%
30.74%
32.31%
28.44%
18.02%
15.40%
15.02%
13.66%
15.14%
5.91%
20.07%
17.47%
21.76%
Tax Rate %
38.83%
34.07%
40.10%
33.00%
41.23%
46.86%
-19.80%
37.36%
26.90%
29.00%
27.75%
62.62%
27.34%
3.75%
26.22%
ROA
45.08%
47.49%
38.77%
54.77%
48.86%
33.25%
8.46%
7.06%
7.68%
7.22%
8.54%
2.61%
10.27%
3.02%
2.56%
ROE
62.56%
67.30%
60.17%
84.08%
72.41%
47.94%
14.32%
11.58%
11.70%
14.04%
16.15%
5.28%
19.29%
6.74%
5.18%
Equity Multiplier
1.39
1.42
1.55
1.54
1.48
1.44
1.69
1.64
1.52
1.95
1.89
2.02
1.88
2.23
2.03
Debt/Equity Ratio
0.40
0.38
0.27
0.36
0.36
0.50
0.36
0.49
0.36
Dividend Payout Ratio %
27.31%
29.72%
34.09%
52.71%
39.06%
49.56%
26.51%
34.70%
38.20%
36.28%
33.20%
114.43%
29.08%
22.34%
28.08%
Total Payout
$87.36
97.57
103.66
279.16
205.60
139.04
116.10
269.10
297.60
519.50
274.60
310.30
307.40
123.30
135.10
11.05%9.57%Payout Ratio %
59.11%
60.63%
60.55%
132.78%
109.35%
87.74%
26.06%
71.67%
75.79%
110.49%
47.16%
169.57%
39.99%
51.67%
64.84%