Cboe Global Markets (CBOE) stock price, revenue, and financials

Cboe Global Markets market cap is $11.6 b, and annual revenue was $2.50 b in FY 2019

$11.6 B

CBOE Mkt cap, 29-May-2020

$921.5 M

Cboe Global Markets Revenue Q1, 2020
Cboe Global Markets Gross profit (Q1, 2020)358.3 M
Cboe Global Markets Gross profit margin (Q1, 2020), %38.9%
Cboe Global Markets Net income (Q1, 2020)157.4 M
Cboe Global Markets EBIT (Q1, 2020)226.4 M
Cboe Global Markets Cash, 31-Mar-2020165.2 M
Cboe Global Markets EV12.3 B

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 Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

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

Revenue growth, %

8%3%4%239%

Cost of goods sold

1.2b1.6b1.4b

Gross profit

995.6m1.2b1.1b

Gross profit Margin, %

45%44%46%

Sales and marketing expense

105.9m113.2m201.4m

R&D expense

17.9m19.6m17.9m47.9m46.2m

Operating expense total

17.9m19.6m286.2m314.6m358.7m623.7m617.5m599.7m

Depreciation and amortization

34.5m46.3m44.4m192.2m204.0m176.6m

EBIT

241.6m244.1m285.8m318.0m319.9m298.2m371.9m599.4m537.2m

EBIT margin, %

48%48%50%52%50%45%17%22%22%

Interest expense

879.0k43.0k41.3m38.2m35.9m

Investment income

142.0k149.0k1.1m

Pre tax profit

324.0m306.6m334.4m571.2m501.4m

Income tax expense

100.7m85.2m107.7m120.0m119.0m120.9m(66.2m)146.0m130.6m

Net Income

139.4m157.4m176.0m189.7m205.0m185.7m400.6m426.5m374.9m

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, 2020

Revenue

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

Cost of goods sold

162.8m341.7m449.2m384.0m305.4m322.1m337.4m381.4m563.2m

Gross profit

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

Gross profit Margin, %

54%44%42%94%47%47%46%44%39%

Sales and marketing expense

25.4m24.1m29.6m27.1m28.5m28.3m47.8m50.0m58.9m57.4m51.8m

R&D expense

4.9m4.3m4.9m4.9m5.1m4.5m4.5m4.6m4.7m4.8m4.8m11.4m11.9m11.8m10.6m11.9m

Operating expense total

4.9m4.3m4.9m4.9m5.1m4.5m4.5m68.3m75.8m74.2m73.8m73.3m75.4m85.9m82.8m85.4m90.6m167.3m50.0m150.4m160.8m154.4m144.4m134.0m158.0m146.6m131.9m

Depreciation and amortization

8.6m9.9m10.4m11.3m11.9m12.3m63.3m54.2m50.4m50.3m47.2m43.7m48.8m40.5m

EBIT

56.5m75.0m57.4m66.1m60.9m69.4m75.4m68.4m82.0m69.7m75.1m69.6m73.4m101.1m79.5m78.0m65.7m26.1m119.3m167.7m129.1m126.1m146.5m125.2m147.4m226.4m

EBIT margin, %

47%52%47%50%47%49%50%50%52%48%50%49%49%54%49%48%42%7%20%22%2%22%24%20%22%25%

Interest expense

223.0k226.0k10.5m9.6m9.3m9.6m9.9m7.3m

Interest income

500.0k

Investment income

61.0k15.0k23.0k26.0k41.0k4.0k18.0k

Pre tax profit

74.9m67.9m81.5m69.4m74.8m69.3m73.6m101.5m80.5m83.8m67.3m18.3m105.9m159.4m119.8m116.3m127.8m119.6m140.9m217.5m

Income tax expense

22.9m33.2m23.5m27.2m14.8m26.3m28.7m26.6m32.5m26.4m26.4m27.0m28.8m33.9m31.3m32.9m26.9m3.1m45.6m41.3m36.8m30.6m32.6m35.1m60.1m

Net Income

33.4m41.3m33.4m38.5m45.8m42.4m46.2m41.4m49.0m43.0m48.4m42.3m44.8m67.5m49.2m50.9m40.5m15.2m68.0m60.5m118.1m83.0m85.7m95.4m88.3m105.9m157.4m

Cboe Global Markets Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

1.1m567.0k15.2m15.8m

Inventories

Current Assets

189.7m202.9m308.9m244.1m204.1m235.0m434.7m683.7m607.6m

PP&E

76.8m74.0m78.8m71.7m165.6m

Goodwill

7.7m26.5m2.7b2.7b2.7b

Total Assets

327.9m338.9m5.3b5.3b5.1b

Accounts Payable

1.9m735.0k53.0m58.6m60.1m79.4m153.8m12.8m171.9m

Short-term debt

121.2m133.9m299.8m

Current Liabilities

52.3m52.2m107.5m73.7m74.0m89.8m334.0m595.9m281.6m

Long-term debt

1.2b915.6m914.3m

Non-Current Liabilities

39.3m47.6m49.6m60.2m51.1m56.2m

Total Debt

121.2m133.9m1.2b1.2b914.3m

Total Liabilities

91.6m99.7m157.1m133.8m125.1m146.1m2.1b1.8b

Common Stock

1.2m1.2m1.2m

Preferred Stock

Additional Paid-in Capital

55.5m67.8m91.0m110.1m123.6m139.2m2.6b2.7b2.7b

Retained Earnings

232.1m275.5m349.3m472.0m603.6m710.8m993.3m1.3b1.5b

Total Equity

236.3m239.1m284.5m250.1m259.6m317.9m3.1b3.2b3.4b

Debt to Equity Ratio

0.6 x0.4 x

Debt to Assets Ratio

0.4 x0.2 x

Financial Leverage

1.4 x1.4 x1.7 x1.6 x1.5 x

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, 2020

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Current Assets

177.6m207.3m214.9m201.9m238.4m275.4m296.7m308.9m276.0m243.9m222.7m209.4m194.6m222.7m184.7m173.9m206.6m455.7m512.3m584.0m435.5m683.2m577.4m489.5m632.1m

PP&E

81.5m77.6m76.6m79.3m77.5m72.3m71.3m74.6m79.1m70.3m70.8m68.5m50.7m172.6m70.7m

Goodwill

7.7m26.5m26.5m26.5m2.7b2.7b2.7b2.7b2.7b2.7b2.7b

Total Assets

319.4m344.6m353.4m343.8m377.5m409.6m429.9m5.3b5.3b5.3b5.1b5.3b5.2b5.0b5.2b

Accounts Payable

32.6m42.8m2.6m3.7m2.1m3.1m3.7m47.0m41.4m47.8m50.0m44.6m52.0m61.3m50.4m54.7m66.4m149.7m151.0m144.0m170.9m147.8m4.3m144.7m10.3m9.2m

Short-term debt

114.6m118.0m124.5m127.9m131.2m137.1m140.4m299.5m299.6m299.9m

Current Liabilities

60.9m65.1m82.6m63.9m56.1m85.8m70.3m65.4m74.5m69.0m68.3m70.7m72.5m78.7m83.4m15.0k81.1m260.9m238.0m384.3m679.9m478.9m511.4m285.8m358.1m

Long-term debt

1.2b914.6m915.1m966.2m963.5m914.5m868.1m

Non-Current Liabilities

31.2m33.8m39.6m40.0m45.9m49.1m49.7m50.4m51.7m52.9m53.7m61.4m62.6m58.9m50.9m51.6m58.1m2.3b

Total Debt

114.6m118.0m124.5m127.9m131.2m137.1m140.4m1.4b1.2b1.2b1.2b1.3b963.5m914.5m868.1m

Total Liabilities

92.1m98.9m122.2m103.9m102.0m134.9m120.0m115.8m126.2m121.9m122.0m132.1m135.1m137.6m134.3m128.3m139.2m2.6b2.1b2.2b2.0b1.7b1.9b

Common Stock

91.3m91.8m1.2m1.2m1.2m1.2m1.2m1.2m1.2m

Preferred Stock

Additional Paid-in Capital

49.5m52.5m58.4m61.4m64.5m74.6m83.0m87.0m98.7m105.9m108.0m114.0m117.2m120.4m128.1m131.9m135.6m2.6b2.6b2.6b2.6b2.7b2.7b2.7b2.7b2.7b

Retained Earnings

180.9m211.2m254.8m282.7m315.2m304.6m337.4m362.8m382.6m410.0m440.4m496.5m523.8m572.2m633.9m666.0m686.0m697.7m1.1b1.1b1.2b1.3b1.4b1.5b1.6b

Total Equity

227.3m245.7m231.2m239.9m275.5m274.7m309.9m227.0m259.8m247.9m265.8m289.6m2.7b3.2b3.1b3.2b3.3b5.2b3.3b3.3b

Debt to Equity Ratio

0.5 x0.5 x0.5 x0.4 x0.4 x0.4 x

Debt to Assets Ratio

0.4 x0.4 x0.3 x0.2 x0.2 x0.2 x

Financial Leverage

1.4 x1.4 x1.5 x1.4 x1.4 x1.5 x1.4 x1.9 x1.7 x1.7 x1.6 x1.6 x1 x1.5 x1.6 x

Cboe Global Markets Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

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

Depreciation and Amortization

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

Accounts Receivable

168.0k(8.1m)(4.2m)(8.5m)(4.8m)(7.4m)(20.6m)(70.3m)50.3m

Inventories

Accounts Payable

5.8m1.1m5.5m5.9m1.6m19.8m10.3m46.8m(25.7m)

Cash From Operating Activities

203.1m200.5m224.4m(73.4m)245.3m374.4m534.7m632.8m

Purchases of PP&E

(37.5m)(36.3m)(35.1m)

Capital Expenditures

(29.1m)(30.1m)

Cash From Investing Activities

(30.3m)(33.0m)(31.2m)(52.1m)(79.4m)(84.4m)(1.4b)(25.6m)(15.9m)

Short-term Borrowings

(39.0m)

Long-term Borrowings

(700.0m)(325.0m)

Dividends Paid

(40.4m)(47.8m)(118.1m)(130.3m)

Cash From Financing Activities

(91.7m)(166.9m)(107.4m)(283.9m)(211.5m)(150.1m)1.1b(371.6m)(662.9m)

Net Change in Cash

661.0k46.2m131.6m(45.8m)

Interest Paid

27.0m38.7m

Income Taxes Paid

93.2m82.6m113.7m104.0m133.5m142.1m177.4m213.4m134.9m

Free Cash Flow

174.0m170.5m

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, 2020

Net Income

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

Depreciation and Amortization

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

Accounts Receivable

(8.1m)(8.3m)(10.9m)(10.9m)(7.8m)(5.5m)(10.1m)(8.0m)(5.6m)(5.2m)(5.2m)4.9m(8.6m)(33.9m)(2.1m)(50.3m)(35.0m)(3.8m)37.5m41.5m49.8m(164.1m)

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)37.4m

Cash From Operating Activities

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

Purchases of PP&E

(19.2m)(26.1m)(7.3m)(12.6m)(27.8m)(5.8m)(19.1m)(26.9m)(10.6m)

Capital Expenditures

(18.3m)(23.5m)(7.9m)(19.5m)(26.8m)(6.4m)(13.1m)

Cash From Investing Activities

(18.3m)(23.4m)(8.3m)(20.3m)(28.1m)(7.1m)(14.2m)(12.7m)(29.3m)(41.5m)(48.3m)(27.9m)(63.8m)(1.5b)(1.4b)(25.2m)(97.4m)17.9m22.0m(23.4m)31.3m

Short-term Borrowings

(15.0m)(39.0m)

Long-term Borrowings

(525.0m)(625.0m)(325.0m)(325.0m)(325.0m)

Dividends Paid

(18.5m)(29.5m)(10.7m)(21.3m)(34.6m)(13.3m)(26.6m)(56.7m)(87.4m)(30.6m)(61.0m)(95.6m)(34.8m)(69.6m)

Cash From Financing Activities

(21.5m)(47.4m)(41.4m)(74.2m)(87.5m)(13.3m)(30.5m)(97.9m)(168.2m)(237.4m)(115.8m)(64.3m)(101.1m)1.3b1.2b(114.2m)(249.8m)(332.3m)(71.7m)(406.5m)(175.7m)

Net Change in Cash

52.8m93.4m13.7m(7.8m)25.3m74.9m72.2m51.3m27.5m22.8m(3.5m)(6.7m)71.1m(113.8m)(125.1m)(64.1m)

Interest Paid

13.8m18.9m33.2m14.3m16.7m1.6m

Income Taxes Paid

49.0m68.1m67.0k52.5m69.4m1.9m54.7m10.0k53.5m78.3m53.9m67.2m6.8m122.2m161.7m2.2m67.3m98.9m13.5m

Free Cash Flow

74.2m140.8m55.5m67.2m114.0m88.9m103.8m

Cboe Global Markets Ratios

USDY, 2020

EV/EBIT

54.3 x

EV/CFO

75.4 x

Financial Leverage

1.6 x

Cboe Global Markets Operating Metrics