OverviewSuggest Edit

Cboe Global Markets is a company operating as an options exchange. It offers trading across a range of products in multiple asset classes and geographies, including options, futures, U.S., Canadian, and European equities, exchange-traded products, global foreign exchange, and volatility products based on the VIX Index.
TypePublic
Founded1973
HQChicago, IL, US
Websitecboe.com
Employee Ratings4.3
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)1,010(+23%)
Job Openings98
Revenue (FY, 2020)$3.4 B(+38%)
Share Price (Sept 2021)$123.8
Cybersecurity ratingBMore

Key People/Management at Cboe Global Markets

Edward T. Tilly

Edward T. Tilly

Chairman, President and Chief Executive Officer
David Howson

David Howson

Executive Vice President, President Europe and Asia Pacific
Ade Cordell

Ade Cordell

President, Cboe NL
Brian N. Schell

Brian N. Schell

Executive Vice President, Chief Financial Officer and Treasurer
Tim Lipscomb

Tim Lipscomb

Chief Operating Officer Cboe Europe
John F. Deters

John F. Deters

Executive Vice President, Chief Strategy Officer
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Cboe Global Markets Office Locations

Cboe Global Markets has offices in Chicago, Lenexa, New York, San Francisco and in 10 other locations
Chicago, IL, US (HQ)
400 S LaSalle St
Lenexa, KS, US
8050 Marshall Dr
New York, NY, US
17 State St 31st floor
San Francisco, CA, US
220 Montgomery St., Suite 1111
Sarasota, FL, US
1800 2nd St #955
Sydney, AU
Level 23, Governor Phillip Tower 1 Farrer Place
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Cboe Global Markets Financials and Metrics

Cboe Global Markets Revenue

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Cboe Global Markets's revenue was reported to be $3.43 b in FY, 2020 which is a 37.3% increase from the previous period.
USD

Revenue (Q2, 2021)

800.8m

Gross profit (Q2, 2021)

350.6m

Gross profit margin (Q2, 2021), %

43.8%

Net income (Q2, 2021)

105.5m

EBITDA (Q2, 2021)

231.8m

EBIT (Q2, 2021)

190.0m

Market capitalization (23-Sept-2021)

13.2b

Closing stock price (23-Sept-2021)

123.9

Cash (31-Mar-2021)

263.3m

EV

14.1b
Cboe Global Markets's current market capitalization is $13.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.8b2.5b3.4b

Revenue growth, %

24%(10%)37%

Cost of goods sold

1.6b1.4b2.2b

Gross profit

1.2b1.1b1.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

602.6m620.6m675.4m921.5m868.7m792.7m1.0b800.8m

Cost of goods sold

322.1m337.4m381.4m563.2m571.8m500.7m645.3m450.2m

Gross profit

280.5m283.2m294.0m358.3m296.9m292.0m365.5m350.6m

Gross profit Margin, %

47%46%44%39%34%37%36%44%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

275.1m229.3m245.4m

Accounts Receivable

287.3m234.7m337.3m

Current Assets

683.7m607.6m1.6b

PP&E

71.7m47.0m82.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

346.2m161.3m165.2m210.1m212.7m263.3m

Accounts Receivable

251.0m245.9m235.5m396.5m376.8m283.3m374.8m

Prepaid Expenses

15.5m16.9m17.6m

Current Assets

683.2m577.4m489.5m632.1m781.2m1.4b2.0b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

425.2m370.8m468.2m

Depreciation and Amortization

204.0m176.6m158.5m

Accounts Payable

46.8m(25.7m)59.4m

Cash From Operating Activities

534.7m632.8m1.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

95.2m178.6m284.5m157.4m380.9m137.2m

Depreciation and Amortization

84.7m90.9m46.7m78.5m7.4m

Accounts Payable

(67.0m)(51.9m)(39.4m)37.4m45.3m21.4m(2.5m)

Cash From Operating Activities

118.0m317.6m395.1m163.3m488.3m1.2b599.1m
USDFY, 2018

EV/EBITDA

14.7 x

EV/EBIT

19.9 x

EV/CFO

22.3 x

Revenue/Employee

3.3m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x

P/E Ratio

26.0
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Cboe Global Markets Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016

Options Volume (Equities)

488.58 m110.3 m110.3 m94.5 m392.98 m88.4 m87.2 m94.6 m364.37 m

Options Volume (Exchange-traded products)

379.74 m83.6 m83.6 m91.7 m321 m79.2 m79.3 m81.2 m326.74 m

Options Volume (Indexes)

406.45 m85.4 m85.4 m132.8 m408.28 m110.5 m108.2 m104.9 m433.26 m

Total Options Volume

1.27 b279.3 m279.3 m319 m1.12 b278.1 m274.7 m280.7 m1.12 b
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Cboe Global Markets Acquisitions / Subsidiaries

Company NameDateDeal Size
Chi-X Global HoldingsMarch 24, 2021
BIDS TradingOctober 16, 2020
Trade AlertJune 02, 2020
MATCHNowMay 19, 2020
FT OptionsFebruary 04, 2020
HanweckFebruary 04, 2020
EuroCCP LimitedDecember 10, 2019
BATS Global MarketsSeptember 26, 2016$3.4 b
ETF.comMarch 29, 2016
Hotspot FXJanuary 28, 2015$365 m
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Cboe Global Markets Revenue Breakdown

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Cboe Global Markets revenue breakdown by business segment: 52.2% from North American Equities, 38.8% from Options and 9.0% from Other

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Cboe Global Markets Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Cboe Global Markets Online and Social Media Presence

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Cboe Global Markets Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C+

    68/100

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Cboe Global Markets News and Updates

Cboe Global Markets to Present at UBS Financial Services Virtual Conference Tuesday, August 10

CHICAGO, Aug. 3, 2021 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, announced today that Chris Isaacson, Executive Vice President and Chief Operating Officer, and Brian Schell, Executive Vice President,...

Cboe Global Markets Issues Notification on Spot Volatility Indices

CHICAGO, July 30, 2021 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today announced that the company recently discovered instances where the spot Cboe Volatility Index® (VIX® Index) calculation differs...

Cboe Global Markets Reports Results for Second Quarter 2021

CHICAGO, July 30, 2021 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the second quarter of 2021. "In the second quarter we achieved strong year-over-year revenue growth driven by robust trading in our proprietary index products and demand for...

Cboe Global Markets Reports Results for First Quarter 2021

CHICAGO, April 30, 2021 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the first quarter of 2021. "We are off to a strong start this year with continued momentum across the company, achieving quarter-over-quarter increases in net revenue and...

Cboe Global Markets Reports 2020 Fourth Quarter and Full Year Results

CHICAGO, Feb. 5, 2021 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the 2020 fourth quarter and full year. "I'm pleased to report that Cboe posted solid fourth quarter and strong full year 2020 results, including 10 percent net revenue growth...

Cboe Global Markets Reports Results for Third Quarter 2020

CHICAGO, Oct. 30, 2020 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the third quarter of 2020. "Our third quarter results highlight continued robust engagement among retail customers offset by decreased trading among institutional investors...
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Cboe Global Markets Blogs

Second Quarter 2021

Second Quarter 2021 Drupal Service… Jul 29, 2021 Press Release Link /sites/cboe-ir-v1/files/2021-07/2q-21-earnings-release.pdf Webcast Link https://services.choruscall.com/links/cboe2107301JGBe1Ku.html Presentation File …

Cboe Global Markets Tax Strategy

Cboe Global Markets Tax Strategy Drupal Service… Jun 09, 2021 Document HTM Link Internal Link PDF Link

Fourth Quarter 2020

Fourth Quarter 2020 Drupal Build Team Feb 05, 2021 Press Release Link Press Release Webcast Link Webcast Presentation File Presentation Document File Prepared Remarks …

Third Quarter 2020 - Prepared Remarks

Third Quarter 2020 - Prepared Remarks Drupal Build Team Dec 07, 2020 Result Title Prepared Remarks Result Link Prepared Remarks Result Date Oct 30, 2020

Third Quarter 2020- 3Q Earnings Presentation

Third Quarter 2020- 3Q Earnings Presentation Drupal Build Team Dec 07, 2020 Result Title 3Q Earnings Presentation Result Link 3Q Earnings Presentation Result Date Oct 30, 2020

Third Quarter 2020 - Webcast link

Third Quarter 2020 - Webcast link Drupal Build Team Dec 07, 2020 Result Title Webcast link Result Link Webcast link Result Date Mar 01, 2020
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Cboe Global Markets Frequently Asked Questions

  • When was Cboe Global Markets founded?

    Cboe Global Markets was founded in 1973.

  • Who are Cboe Global Markets key executives?

    Cboe Global Markets's key executives are Edward T. Tilly, David Howson and Ade Cordell.

  • How many employees does Cboe Global Markets have?

    Cboe Global Markets has 1,010 employees.

  • What is Cboe Global Markets revenue?

    Latest Cboe Global Markets annual revenue is $3.4 b.

  • What is Cboe Global Markets revenue per employee?

    Latest Cboe Global Markets revenue per employee is $3.4 m.

  • Who are Cboe Global Markets competitors?

    Competitors of Cboe Global Markets include London Stock Exchange, CME Group and LMAX Group.

  • Where is Cboe Global Markets headquarters?

    Cboe Global Markets headquarters is located at 400 S LaSalle St, Chicago.

  • Where are Cboe Global Markets offices?

    Cboe Global Markets has offices in Chicago, Lenexa, New York, San Francisco and in 10 other locations.

  • How many offices does Cboe Global Markets have?

    Cboe Global Markets has 14 offices.