CBOE vs. VIRT: Cboe Global Markets vs. Virtu Financial Stock Comparison
How do Cboe Global Markets (CBOE) and Virtu Financial (VIRT) 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
Cboe Global Markets (CBOE) and Virtu Financial (VIRT) both belong to the Capital Markets industry, though CBOE is classified under Financial Exchanges & Data while VIRT falls under Investment Banking & Brokerage.
| Profile Item | CBOE | VIRT |
|---|---|---|
| Name | Cboe Global Markets Inc. | Virtu Financial Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Investment Banking & Brokerage |
| Market Capitalization | 36.86 billion USD | 11.67 billion USD |
| Currency | USD | USD |
| Exchange | Cboe | NYSE |
| Listing Date | June 15, 2010 | April 16, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CBOE | VIRT |
|---|---|---|
| Total Return (1Y) | 38.97% | 57.98% |
| Total Return (3Y, Annualized) | 27.34% | 51.24% |
| Total Return (5Y, Annualized) | 23.42% | 19.25% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CBOE | VIRT |
|---|---|---|
| Volatility (1Y, Annualized) | 36.53% | 37.43% |
| Beta (5Y) | 0.35 | 0.69 |
| Max Drawdown (5Y) | -36.73% | -54.52% |
| Avg. Volume (3M) | 1.14M | 1.26M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CBOE | VIRT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.95 | 1.43 |
| Sortino Ratio (1Y) | 1.37 | 2.27 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Virtu Financial (VIRT) at 57.03% is the standout with ROE above its industry range; Cboe Global Markets (CBOE) at 27.39% also sits in the top quartile.
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%
VIRT
Financial Services industry group
57.03%
- VIRT
- 57.03%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Cboe Global Markets (CBOE) at 28.05% and Virtu Financial (VIRT) at 17.96% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
VIRT
Financial Services industry group
17.96%
- Max
- 62.84%
- Q3
- 28.05%
- VIRT
- 17.96%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Cboe Global Markets (CBOE) at 35.29% and Virtu Financial (VIRT) at 36.32% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
VIRT
Financial Services industry group
36.32%
- Max
- 107.33%
- Q3
- 55.90%
- VIRT
- 36.32%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | CBOE | VIRT |
|---|---|---|
| ROE (TTM) | 27.39% | 57.03% |
| ROA (TTM) | 11.84% | 5.01% |
| Net Margin (TTM) | 28.05% | 17.96% |
| Operating Margin (TTM) | 35.29% | 36.32% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Cboe Global Markets (CBOE) at 15.13% and Virtu Financial (VIRT) at 26.25% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Virtu Financial (VIRT) at 72.73% sits in the top EPS growth quartile, while Cboe Global Markets (CBOE) at 44.52% is closer to the peer norm — faster per-share earnings growth for VIRT.
Growth Metrics
| Metric | CBOE | VIRT |
|---|---|---|
| Revenue Growth (YoY) | 15.13% | 26.25% |
| Revenue Growth (3Y CAGR) | 6.00% | 15.38% |
| EPS Growth (YoY) | 44.52% | 72.73% |
| EPS Growth (3Y CAGR) | 68.19% | 28.11% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Cboe Global Markets (CBOE) in Financial Services and Virtu Financial (VIRT) 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: Cboe Global Markets (CBOE) in Financial Services and Virtu Financial (VIRT) 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 | CBOE | VIRT |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Cboe Global Markets (CBOE) at 0.86% and Virtu Financial (VIRT) at 1.78% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
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%
VIRT
Financial Services industry group
1.78%
- Max
- 9.77%
- Q3
- 3.92%
- VIRT
- 1.78%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Cboe Global Markets (CBOE) at 21.49% and Virtu Financial (VIRT) at 15.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
VIRT
Financial Services industry group
15.95%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- VIRT
- 15.95%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CBOE | VIRT |
|---|---|---|
| Dividend Yield (TTM) | 0.86% | 1.78% |
| Dividend Payout Ratio (TTM) | 21.49% | 15.95% |
Valuation
P/E Ratio (TTM)
Virtu Financial (VIRT) at 7.92 sits in the cheaper P/E ratio quartile, while Cboe Global Markets (CBOE) at 25.14 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
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
VIRT
Financial Services industry group
7.92
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- VIRT
- 7.92
- Min
- 0.16
P/S Ratio (TTM)
Virtu Financial (VIRT) at 3.35 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.
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
VIRT
Financial Services industry group
3.35
- Max
- 9.23
- Q3
- 4.57
- VIRT
- 3.35
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Virtu Financial (VIRT) at 1.92 is valued about in line with its industry on P/B ratio, while Cboe Global Markets (CBOE) at 6.22 carries an above-peer premium to book — CBOE is pricier on assets.
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
VIRT
Financial Services industry group
1.92
- Max
- 7.79
- Q3
- 3.63
- VIRT
- 1.92
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | CBOE | VIRT |
|---|---|---|
| P/E Ratio (TTM) | 25.14 | 7.92 |
| P/S Ratio (TTM) | 6.98 | 3.35 |
| P/B Ratio (MRQ) | 6.22 | 1.92 |
| Free Cash Flow Yield (TTM) | -- | -- |