BRK.B vs. CBOE: Berkshire Hathaway vs. Cboe Global Markets Stock Comparison
How do Berkshire Hathaway (BRK.B) and Cboe Global Markets (CBOE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Berkshire Hathaway (BRK.B) and Cboe Global Markets (CBOE) both fall under the Financial Services industry group, but BRK.B is classified in Financial Services while CBOE is classified in Capital Markets.
| Profile Item | BRK.B | CBOE |
|---|---|---|
| Name | Berkshire Hathaway Inc. Class B | Cboe Global Markets Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Financial Services | Capital Markets |
| GICS Sub-Industry | Multi-Sector Holdings | Financial Exchanges & Data |
| Market Capitalization | 1,222.11 billion USD | 36.86 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Cboe |
| Listing Date | May 9, 1996 | June 15, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| Total Return (1Y) | 14.06% | 38.97% |
| Total Return (3Y, Annualized) | 17.80% | 27.34% |
| Total Return (5Y, Annualized) | 14.73% | 23.42% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| Volatility (1Y, Annualized) | 15.13% | 36.53% |
| Beta (5Y) | 0.56 | 0.35 |
| Max Drawdown (5Y) | -26.58% | -36.73% |
| Avg. Volume (3M) | 4.56M | 1.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| Sharpe Ratio (1Y) | 0.65 | 0.95 |
| Sortino Ratio (1Y) | 0.97 | 1.37 |
Profitability
ROE (TTM)
Cboe Global Markets (CBOE) at 27.39% sits in the top ROE quartile, while Berkshire Hathaway (BRK.B) at 12.12% is closer to the peer norm — stronger capital efficiency for CBOE.
BRK.B
Financial Services industry group
12.12%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- BRK.B
- 12.12%
- Q1
- 4.48%
- Min
- -18.71%
CBOE
Financial Services industry group
27.39%
- Max
- 44.78%
- CBOE
- 27.39%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Berkshire Hathaway (BRK.B) at 22.30% and Cboe Global Markets (CBOE) at 28.05% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BRK.B
Financial Services industry group
22.30%
- Max
- 62.84%
- Q3
- 28.05%
- BRK.B
- 22.30%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
CBOE
Financial Services industry group
28.05%
- Max
- 62.84%
- Q3
- 28.05%
- CBOE
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Berkshire Hathaway (BRK.B) at 32.56% and Cboe Global Markets (CBOE) at 35.29% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
BRK.B
Financial Services industry group
32.56%
- Max
- 107.33%
- Q3
- 55.90%
- BRK.B
- 32.56%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
CBOE
Financial Services industry group
35.29%
- Max
- 107.33%
- Q3
- 55.90%
- CBOE
- 35.29%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| ROE (TTM) | 12.12% | 27.39% |
| ROA (TTM) | 6.01% | 11.84% |
| Net Margin (TTM) | 22.30% | 28.05% |
| Operating Margin (TTM) | 32.56% | 35.29% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Cboe Global Markets (CBOE) at 15.13% is around its peer norm for revenue growth, while Berkshire Hathaway (BRK.B) at -3.23% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Cboe Global Markets (CBOE) at 44.52% is around its peer norm for EPS growth, while Berkshire Hathaway (BRK.B) at -24.78% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| Revenue Growth (YoY) | -3.23% | 15.13% |
| Revenue Growth (3Y CAGR) | 20.59% | 6.00% |
| EPS Growth (YoY) | -24.78% | 44.52% |
| EPS Growth (3Y CAGR) | -- | 68.19% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Berkshire Hathaway (BRK.B) in Financial Services and Cboe Global Markets (CBOE) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Berkshire Hathaway (BRK.B) in Financial Services and Cboe Global Markets (CBOE) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Berkshire Hathaway (BRK.B) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cboe Global Markets (CBOE) reports a yield of 0.86%, ranking against industry peers normally.
BRK.B
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- BRK.B
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CBOE
Financial Services industry group
0.86%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- CBOE
- 0.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Berkshire Hathaway (BRK.B) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cboe Global Markets (CBOE) reports a payout of 21.49%, ranking against industry peers normally.
BRK.B
Financial Services industry group
0.00%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- BRK.B
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CBOE
Financial Services industry group
21.49%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- CBOE
- 21.49%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.86% |
| Dividend Payout Ratio (TTM) | 0.00% | 21.49% |
Valuation
P/E Ratio (TTM)
Berkshire Hathaway (BRK.B) at 14.36 is near its industry’s usual P/E ratio, while Cboe Global Markets (CBOE) at 25.14 sits in the richer quartile — CBOE needs stronger growth or earnings quality to justify the premium.
BRK.B
Financial Services industry group
14.36
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- BRK.B
- 14.36
- Q1
- 9.68
- Min
- 0.16
CBOE
Financial Services industry group
25.14
- Max
- 45.85
- CBOE
- 25.14
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Berkshire Hathaway (BRK.B) at 3.18 is priced about in line with its industry on P/S ratio, while Cboe Global Markets (CBOE) at 6.98 sits in the pricier quartile — CBOE costs more per dollar of sales.
BRK.B
Financial Services industry group
3.18
- Max
- 9.23
- Q3
- 4.57
- BRK.B
- 3.18
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
CBOE
Financial Services industry group
6.98
- Max
- 9.23
- CBOE
- 6.98
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Berkshire Hathaway (BRK.B) at 0.00 looks cheap against book in the lower P/B ratio quartile, while Cboe Global Markets (CBOE) at 6.22 carries a premium in the upper quartile — a clear price-to-book gap.
BRK.B
Financial Services industry group
0.00
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- BRK.B
- 0.00
- Min
- -0.39
CBOE
Financial Services industry group
6.22
- Max
- 7.79
- CBOE
- 6.22
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | BRK.B | CBOE |
|---|---|---|
| P/E Ratio (TTM) | 14.36 | 25.14 |
| P/S Ratio (TTM) | 3.18 | 6.98 |
| P/B Ratio (MRQ) | 0.00 | 6.22 |
| Free Cash Flow Yield (TTM) | -- | -- |