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

Updated on August 19, 2025

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

Company Profile

Symbol	CBOE	KEY
Company Name	Cboe Global Markets, Inc.	KeyCorp
Country	United States	United States
GICS Sector	Financials	Financials
GICS Industry	Capital Markets	Banks
Market Capitalization	25.67 billion USD	19.98 billion USD
Exchange	Cboe US	NYSE
Listing Date	June 15, 2010	November 5, 1987
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CBOE and KEY 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. KEY: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CBOE	KEY
5-Day Price Return	-1.63%	4.65%
13-Week Price Return	10.99%	10.69%
26-Week Price Return	18.57%	1.50%
52-Week Price Return	20.53%	14.30%
Month-to-Date Return	1.82%	1.67%
Year-to-Date Return	25.60%	6.30%
10-Day Avg. Volume	0.22M	31.01M
3-Month Avg. Volume	0.28M	19.24M
3-Month Volatility	21.41%	25.45%
Beta	0.44	1.17

Profitability

Return on Equity (TTM)

CBOE

20.46%

Capital Markets Industry

Max: 38.97%
Q3: 21.61%
Median: 13.77%
Q1: 8.31%
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.

KEY

0.96%

Banks Industry

Max: 26.37%
Q3: 15.92%
Median: 12.25%
Q1: 8.69%
Min: 0.15%

KEY’s Return on Equity of 0.96% is in the lower quartile for the Banks industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

CBOE vs. KEY: A comparison of their Return on Equity (TTM) against their respective Capital Markets and Banks industry benchmarks.

Net Profit Margin (TTM)

CBOE

19.88%

Capital Markets Industry

Max: 66.67%
Q3: 35.11%
Median: 23.49%
Q1: 13.63%
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.

KEY

19.18%

Banks Industry

Max: 54.20%
Q3: 35.70%
Median: 28.97%
Q1: 22.53%
Min: 6.98%

Falling into the lower quartile for the Banks industry, KEY’s Net Profit Margin of 19.18% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

CBOE vs. KEY: A comparison of their Net Profit Margin (TTM) against their respective Capital Markets and Banks industry benchmarks.

Operating Profit Margin (TTM)

CBOE

28.40%

Capital Markets Industry

Max: 86.40%
Q3: 46.46%
Median: 32.80%
Q1: 18.32%
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.

KEY

23.33%

Banks Industry

Max: 63.35%
Q3: 44.59%
Median: 37.24%
Q1: 28.25%
Min: 13.37%

KEY’s Operating Profit Margin of 23.33% is in the lower quartile for the Banks industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

CBOE vs. KEY: A comparison of their Operating Profit Margin (TTM) against their respective Capital Markets and Banks industry benchmarks.

Profitability at a Glance

Symbol	CBOE	KEY
Return on Equity (TTM)	20.46%	0.96%
Return on Assets (TTM)	10.53%	0.09%
Net Profit Margin (TTM)	19.88%	19.18%
Operating Profit Margin (TTM)	28.40%	23.33%
Gross Profit Margin (TTM)	48.74%	--

Financial Strength

Current Ratio (MRQ)

CBOE

1.57

Capital Markets Industry

Max: 3.76
Q3: 1.89
Median: 1.01
Q1: 0.54
Min: -0.41

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

KEY

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

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

CBOE vs. KEY: A comparison of their Current Ratio (MRQ) against their respective Capital Markets and Banks industry benchmarks.

Debt-to-Equity Ratio (MRQ)

CBOE

0.31

Capital Markets Industry

Max: 6.62
Q3: 2.84
Median: 1.02
Q1: 0.32
Min: 0.00

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

KEY

0.76

Banks Industry

Max: 4.75
Q3: 2.62
Median: 1.02
Q1: 0.39
Min: 0.00

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

CBOE vs. KEY: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Capital Markets and Banks industry benchmarks.

Interest Coverage Ratio (TTM)

CBOE

120.05

Capital Markets Industry

Max: 126.03
Q3: 60.98
Median: 11.77
Q1: 4.95
Min: -36.26

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

KEY

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

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

CBOE vs. KEY: A comparison of their Interest Coverage Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Financial Strength at a Glance

Symbol	CBOE	KEY
Current Ratio (MRQ)	1.57	--
Quick Ratio (MRQ)	1.57	--
Debt-to-Equity Ratio (MRQ)	0.31	0.76
Interest Coverage Ratio (TTM)	120.05	--

Growth

Revenue Growth

CBOE vs. KEY: 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. KEY: 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

1.06%

Capital Markets Industry

Max: 10.26%
Q3: 4.86%
Median: 2.78%
Q1: 1.22%
Min: 0.00%

CBOE’s Dividend Yield of 1.06% 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.

KEY

5.02%

Banks Industry

Max: 10.27%
Q3: 5.83%
Median: 3.81%
Q1: 2.50%
Min: 0.00%

KEY’s Dividend Yield of 5.02% is consistent with its peers in the Banks industry, providing a dividend return that is standard for its sector.

CBOE vs. KEY: A comparison of their Dividend Yield (TTM) against their respective Capital Markets and Banks industry benchmarks.

Dividend Payout Ratio (TTM)

CBOE

29.48%

Capital Markets Industry

Max: 200.72%
Q3: 101.92%
Median: 57.97%
Q1: 32.36%
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.

KEY

63.61%

Banks Industry

Max: 147.07%
Q3: 80.55%
Median: 54.40%
Q1: 35.71%
Min: 0.00%

KEY’s Dividend Payout Ratio of 63.61% is within the typical range for the Banks industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

CBOE vs. KEY: A comparison of their Dividend Payout Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Dividend at a Glance

Symbol	CBOE	KEY
Dividend Yield (TTM)	1.06%	5.02%
Dividend Payout Ratio (TTM)	29.48%	63.61%

Valuation

Price-to-Earnings Ratio (TTM)

CBOE

27.74

Capital Markets Industry

Max: 58.89
Q3: 31.00
Median: 18.54
Q1: 12.09
Min: 5.24

CBOE’s P/E Ratio of 27.74 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.

KEY

112.64

Banks Industry

Max: 20.05
Q3: 12.65
Median: 10.21
Q1: 7.54
Min: 2.74

At 112.64, KEY’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Banks industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

CBOE vs. KEY: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Price-to-Sales Ratio (TTM)

CBOE

5.51

Capital Markets Industry

Max: 14.49
Q3: 7.41
Median: 4.68
Q1: 2.25
Min: 0.04

CBOE’s P/S Ratio of 5.51 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.

KEY

1.67

Banks Industry

Max: 5.06
Q3: 2.98
Median: 2.24
Q1: 1.59
Min: 0.45

The P/S Ratio is often not a primary valuation tool in the Banks industry.

CBOE vs. KEY: A comparison of their Price-to-Sales Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Price-to-Book Ratio (MRQ)

CBOE

5.23

Capital Markets Industry

Max: 9.48
Q3: 4.94
Median: 2.42
Q1: 1.21
Min: 0.38

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.

KEY

0.98

Banks Industry

Max: 2.18
Q3: 1.36
Median: 1.09
Q1: 0.81
Min: 0.20

KEY’s P/B Ratio of 0.98 is within the conventional range for the Banks 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. KEY: A comparison of their Price-to-Book Ratio (MRQ) against their respective Capital Markets and Banks industry benchmarks.

Valuation at a Glance

Symbol	CBOE	KEY
Price-to-Earnings Ratio (TTM)	27.74	112.64
Price-to-Sales Ratio (TTM)	5.51	1.67
Price-to-Book Ratio (MRQ)	5.23	0.98
Price-to-Free Cash Flow Ratio (TTM)	20.62	6.80