OverviewSuggest Edit

Cboe Global Markets operates as an options exchange. It offers marketplaces for trading options on various market indexes, futures on the VIX Index, options on the stocks of individual corporations comprising equity options, and options on other exchange-traded products that include ETP options, as well as other index options. The Company owns and operates CBOE primary options market, CFE, an all-electronic futures exchange, and C2, an all-electronic exchange that offers trading for listed options. Its exchanges operate on its proprietary technology platform, known as CBOE Command.
TypePublic
Founded1973
HQChicago, IL, US
Websitecboe.com
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)823(-2%)
Job Openings81
Revenue (FY, 2020)$3.4 B(+38%)
Share Price (Jun 2021)$112
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

President, Cboe Europe
Ade Cordell

Ade Cordell

President
Brian N. Schell

Brian N. Schell

Executive Vice President, Chief Financial Officer and Treasurer
Tim Lipscomb

Tim Lipscomb

Chief Operating Officer
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 6 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 #1111, San Francisco
Sarasota, FL, US
1800 2nd St #955
Quito, EC
EDIFICIO ALMAGRO PLAZA, Pedro Ponce Carrasco E8-06 Y
Show all (11)

Cboe Global Markets Financials and Metrics

Cboe Global Markets Revenue

Cboe Global Markets's revenue was reported to be $3.43 b in FY, 2020
USD

Revenue (Q1, 2021)

1.0b

Gross profit (Q1, 2021)

365.5m

Gross profit margin (Q1, 2021), %

36.2%

Net income (Q1, 2021)

137.2m

EBIT (Q1, 2021)

204.6m

Market capitalization (7-Jun-2021)

11.9b

Closing stock price (7-Jun-2021)

112.0

Cash (31-Mar-2021)

263.3m

EV

12.8b
Cboe Global Markets's current market capitalization is $11.9 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

508.1m512.3m572.1m617.2m634.5m656.9m2.2b2.8b2.5b3.4b

Revenue growth, %

8%3%4%239%

Cost of goods sold

1.2b1.6b1.4b2.2b

Gross profit

995.6m1.2b1.1b1.3b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

120.3m143.6m121.4m132.5m128.3m142.7m150.8m136.7m157.9m143.9m148.9m142.8m148.7m187.0m162.3m163.3m156.2m356.2m611.4m777.7m6.7b575.9m602.6m620.6m675.4m921.5m868.7m792.7m1.0b

Cost of goods sold

162.8m341.7m449.2m384.0m305.4m322.1m337.4m381.4m563.2m571.8m500.7m645.3m

Gross profit

193.4m269.7m328.5m6.3b270.5m280.5m283.2m294.0m358.3m296.9m292.0m365.5m

Gross profit Margin, %

54%44%42%94%47%47%46%44%39%34%37%36%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

134.9m135.6m221.3m147.9m102.3m97.3m143.5m275.1m229.3m245.4m

Accounts Receivable

37.6m45.7m217.3m287.3m234.7m337.3m

Prepaid Expenses

1.1m567.0k15.2m15.8m

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

106.5m147.2m148.6m127.1m160.3m210.5m207.8m226.4m199.1m145.1m126.5m137.6m89.6m121.7m107.5m52.2m72.8m153.3m166.3m140.0m136.8m346.2m161.3m165.2m210.1m212.7m263.3m

Accounts Receivable

45.8m46.0m48.4m48.4m45.4m51.1m55.7m268.4m252.2m221.9m251.0m245.9m235.5m396.5m376.8m283.3m374.8m

Prepaid Expenses

558.0k694.0k941.0k728.0k786.0k735.0k565.0k15.5m16.9m17.6m

Current Assets

177.6m207.3m214.9m201.9m238.4m275.4m296.7m308.9m276.0m243.9m222.7m209.4m194.6m222.7m184.7m173.9m206.6m455.7m512.3m584.0m435.5m683.2m577.4m489.5m632.1m781.2m1.4b2.0b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

139.4m157.4m176.0m189.7m205.0m185.7m400.6m425.2m370.8m468.2m

Depreciation and Amortization

34.1m31.5m34.5m39.9m46.3m44.4m192.2m204.0m176.6m158.5m

Inventories

Accounts Payable

5.8m1.1m5.5m5.9m1.6m19.8m10.3m46.8m(25.7m)59.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

66.3m107.6m33.4m71.9m117.7m42.4m88.5m41.4m49.0m92.0m140.4m42.3m87.1m67.5m49.2m100.1m40.5m15.2m83.2m143.5m118.1m201.1m286.8m95.2m178.6m284.5m157.4m380.9m137.2m

Depreciation and Amortization

17.7m26.6m8.3m16.6m25.3m8.3m16.9m8.5m8.6m18.5m28.9m10.4m21.7m12.4m11.9m24.1m10.2m25.1m80.9m136.3m54.2m104.6m154.9m84.7m90.9m46.7m78.5m7.4m

Accounts Payable

(6.0m)4.2m(11.7m)(8.6m)(7.1m)(2.1m)(2.2m)(12.3m)(4.8m)(3.8m)(7.6m)(10.2m)(4.6m)9.1m(1.1m)(8.8m)18.8m(3.8m)(67.0m)(51.9m)(39.4m)37.4m45.3m21.4m(2.5m)

Cash From Operating Activities

92.6m164.3m63.3m86.7m140.9m95.3m116.9m88.3m121.2m184.1m105.8m97.4m114.9m172.1m178.9m163.5m349.3m308.1m118.0m317.6m395.1m163.3m488.3m1.2b599.1m
USDQ2, 2011

Financial Leverage

1.4 x
Show all financial metrics

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 Revenue Breakdown

Embed Graph

Cboe Global Markets revenue breakdown by business segment: 6.5% from Futures, 48.1% from U.S. Equities, 39.6% from Options and 5.7% from Other

Cboe Global Markets Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Cboe Global Markets Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Cboe Global Markets Online and Social Media Presence

Embed Graph

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 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...

Cboe Global Markets Agrees to Acquire BIDS Trading, the Largest Independent Block Trading ATS in the U.S.

CHICAGO, Oct. 16, 2020 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today announced that it has entered into a definitive agreement to acquire BIDS Trading, a registered broker-dealer and the operator of the BIDS...

Cboe Global Markets Reports August 2020 Trading Volume

CHICAGO, Sept. 3, 2020 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today reported August monthly trading volume. The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of...

Cboe Global Markets Announces Election of Jennifer McPeek to Board of Directors

CHICAGO, Aug. 14, 2020 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today announced its Board of Directors elected Jennifer McPeek, former Chief Financial Officer of Russell Investments and Janus Capital Group, as a new...
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Cboe Global Markets Blogs

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

Q3 2020 Earnings release

Q3 2020 Earnings release Drupal Build Team Dec 07, 2020 Result Title Q3 2020 Earnings release Result Link Q3 2020 Earnings release Result Date Oct 20, 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 823 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 $4.2 m.

  • Who are Cboe Global Markets competitors?

    Competitors of Cboe Global Markets include LMAX Group, Nasdaq and CapBridge.

  • 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 6 other locations.

  • How many offices does Cboe Global Markets have?

    Cboe Global Markets has 11 offices.