CBOE vs. CME: A Head-to-Head Stock Comparison

Updated on October 3, 2025

Here’s a clear look at CBOE and CME, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	CBOE	CME
Company Name	Cboe Global Markets, Inc.	CME Group Inc.
Country	United States	United States
GICS Sector	Financials	Financials
GICS Industry	Capital Markets	Capital Markets
Market Capitalization	25.47 billion USD	97.40 billion USD
Exchange	Cboe US	NasdaqGS
Listing Date	June 15, 2010	December 6, 2002
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CBOE and CME by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

CBOE vs. CME: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CBOE	CME
5-Day Price Return	-0.99%	2.18%
13-Week Price Return	4.13%	-1.97%
26-Week Price Return	9.67%	2.84%
52-Week Price Return	17.91%	23.77%
Month-to-Date Return	-1.50%	1.38%
Year-to-Date Return	23.63%	16.35%
10-Day Avg. Volume	0.28M	1.84M
3-Month Avg. Volume	0.28M	2.18M
3-Month Volatility	18.61%	16.30%
Beta	0.37	0.39

Profitability

Return on Equity (TTM)

CBOE

20.46%

Capital Markets Industry

Max: 38.97%
Q3: 22.24%
Median: 13.52%
Q1: 8.61%
Min: -4.25%

CBOE’s Return on Equity of 20.46% is on par with the norm for the Capital Markets industry, indicating its profitability relative to shareholder equity is typical for the sector.

CME

13.77%

Capital Markets Industry

Max: 38.97%
Q3: 22.24%
Median: 13.52%
Q1: 8.61%
Min: -4.25%

CME’s Return on Equity of 13.77% is on par with the norm for the Capital Markets industry, indicating its profitability relative to shareholder equity is typical for the sector.

CBOE vs. CME: A comparison of their Return on Equity (TTM) against the Capital Markets industry benchmark.

Net Profit Margin (TTM)

CBOE

19.88%

Capital Markets Industry

Max: 69.91%
Q3: 37.24%
Median: 24.30%
Q1: 13.06%
Min: -15.18%

CBOE’s Net Profit Margin of 19.88% is aligned with the median group of its peers in the Capital Markets industry. This indicates its ability to convert revenue into profit is typical for the sector.

CME

34.84%

Capital Markets Industry

Max: 69.91%
Q3: 37.24%
Median: 24.30%
Q1: 13.06%
Min: -15.18%

CME’s Net Profit Margin of 34.84% is aligned with the median group of its peers in the Capital Markets industry. This indicates its ability to convert revenue into profit is typical for the sector.

CBOE vs. CME: A comparison of their Net Profit Margin (TTM) against the Capital Markets industry benchmark.

Operating Profit Margin (TTM)

CBOE

28.40%

Capital Markets Industry

Max: 84.86%
Q3: 47.16%
Median: 32.23%
Q1: 18.65%
Min: -21.87%

CBOE’s Operating Profit Margin of 28.40% is around the midpoint for the Capital Markets industry, indicating that its efficiency in managing core business operations is typical for the sector.

CME

79.34%

Capital Markets Industry

Max: 84.86%
Q3: 47.16%
Median: 32.23%
Q1: 18.65%
Min: -21.87%

An Operating Profit Margin of 79.34% places CME in the upper quartile for the Capital Markets industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

CBOE vs. CME: A comparison of their Operating Profit Margin (TTM) against the Capital Markets industry benchmark.

Profitability at a Glance

Symbol	CBOE	CME
Return on Equity (TTM)	20.46%	13.77%
Return on Assets (TTM)	10.53%	2.46%
Net Profit Margin (TTM)	19.88%	34.84%
Operating Profit Margin (TTM)	28.40%	79.34%
Gross Profit Margin (TTM)	48.74%	95.97%

Financial Strength

Current Ratio (MRQ)

CBOE

1.57

Capital Markets Industry

Max: 3.37
Q3: 1.81
Median: 1.01
Q1: 0.56
Min: 0.04

For the Capital Markets industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

CME

1.02

Capital Markets Industry

Max: 3.37
Q3: 1.81
Median: 1.01
Q1: 0.56
Min: 0.04

For the Capital Markets industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

CBOE vs. CME: A comparison of their Current Ratio (MRQ) against the Capital Markets industry benchmark.

Debt-to-Equity Ratio (MRQ)

CBOE

0.31

Capital Markets Industry

Max: 6.52
Q3: 2.79
Median: 0.96
Q1: 0.28
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Capital Markets industry.

CME

0.12

Capital Markets Industry

Max: 6.52
Q3: 2.79
Median: 0.96
Q1: 0.28
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Capital Markets industry.

CBOE vs. CME: A comparison of their Debt-to-Equity Ratio (MRQ) against the Capital Markets industry benchmark.

Interest Coverage Ratio (TTM)

CBOE

120.05

Capital Markets Industry

Max: 107.59
Q3: 48.41
Median: 10.85
Q1: 4.56
Min: -36.26

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Capital Markets industry.

CME

2,242.33

Capital Markets Industry

Max: 107.59
Q3: 48.41
Median: 10.85
Q1: 4.56
Min: -36.26

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Capital Markets industry.

CBOE vs. CME: A comparison of their Interest Coverage Ratio (TTM) against the Capital Markets industry benchmark.

Financial Strength at a Glance

Symbol	CBOE	CME
Current Ratio (MRQ)	1.57	1.02
Quick Ratio (MRQ)	1.57	1.02
Debt-to-Equity Ratio (MRQ)	0.31	0.12
Interest Coverage Ratio (TTM)	120.05	2,242.33

Growth

Revenue Growth

CBOE vs. CME: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CBOE vs. CME: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CBOE

1.08%

Capital Markets Industry

Max: 9.02%
Q3: 4.54%
Median: 2.55%
Q1: 1.27%
Min: 0.00%

CBOE’s Dividend Yield of 1.08% is in the lower quartile for the Capital Markets industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

CME

4.02%

Capital Markets Industry

Max: 9.02%
Q3: 4.54%
Median: 2.55%
Q1: 1.27%
Min: 0.00%

CME’s Dividend Yield of 4.02% is consistent with its peers in the Capital Markets industry, providing a dividend return that is standard for its sector.

CBOE vs. CME: A comparison of their Dividend Yield (TTM) against the Capital Markets industry benchmark.

Dividend Payout Ratio (TTM)

CBOE

29.48%

Capital Markets Industry

Max: 199.38%
Q3: 99.28%
Median: 60.67%
Q1: 32.00%
Min: 0.00%

CBOE’s Dividend Payout Ratio of 29.48% is in the lower quartile for the Capital Markets industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

CME

102.42%

Capital Markets Industry

Max: 199.38%
Q3: 99.28%
Median: 60.67%
Q1: 32.00%
Min: 0.00%

CME’s Dividend Payout Ratio of 102.42% is in the upper quartile for the Capital Markets industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

CBOE vs. CME: A comparison of their Dividend Payout Ratio (TTM) against the Capital Markets industry benchmark.

Dividend at a Glance

Symbol	CBOE	CME
Dividend Yield (TTM)	1.08%	4.02%
Dividend Payout Ratio (TTM)	29.48%	102.42%

Valuation

Price-to-Earnings Ratio (TTM)

CBOE

27.18

Capital Markets Industry

Max: 51.69
Q3: 29.42
Median: 17.58
Q1: 12.55
Min: 5.59

CBOE’s P/E Ratio of 27.18 is within the middle range for the Capital Markets industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

CME

25.49

Capital Markets Industry

Max: 51.69
Q3: 29.42
Median: 17.58
Q1: 12.55
Min: 5.59

CME’s P/E Ratio of 25.49 is within the middle range for the Capital Markets industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

CBOE vs. CME: A comparison of their Price-to-Earnings Ratio (TTM) against the Capital Markets industry benchmark.

Price-to-Sales Ratio (TTM)

CBOE

5.40

Capital Markets Industry

Max: 14.65
Q3: 7.29
Median: 4.53
Q1: 2.26
Min: 0.04

CBOE’s P/S Ratio of 5.40 aligns with the market consensus for the Capital Markets industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

CME

8.88

Capital Markets Industry

Max: 14.65
Q3: 7.29
Median: 4.53
Q1: 2.26
Min: 0.04

CME’s P/S Ratio of 8.88 is in the upper echelon for the Capital Markets industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

CBOE vs. CME: A comparison of their Price-to-Sales Ratio (TTM) against the Capital Markets industry benchmark.

Price-to-Book Ratio (MRQ)

CBOE

5.23

Capital Markets Industry

Max: 10.83
Q3: 5.12
Median: 2.66
Q1: 1.19
Min: 0.37

CBOE’s P/B Ratio of 5.23 is in the upper tier for the Capital Markets industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

CME

3.58

Capital Markets Industry

Max: 10.83
Q3: 5.12
Median: 2.66
Q1: 1.19
Min: 0.37

CME’s P/B Ratio of 3.58 is within the conventional range for the Capital Markets industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

CBOE vs. CME: A comparison of their Price-to-Book Ratio (MRQ) against the Capital Markets industry benchmark.

Valuation at a Glance

Symbol	CBOE	CME
Price-to-Earnings Ratio (TTM)	27.18	25.49
Price-to-Sales Ratio (TTM)	5.40	8.88
Price-to-Book Ratio (MRQ)	5.23	3.58
Price-to-Free Cash Flow Ratio (TTM)	20.21	23.39