Is CBOE a good stock to buy right now?

Based on our 6-factor quantitative model, Cboe Global Markets, Inc. (CBOE) receives a "Hold" rating with a composite score of 45.5/100. It is ranked #1,195 out of 4,446 stocks. Key factor scores: Quality 37/100, Value 40/100, Momentum 58/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for CBOE?

Cboe Global Markets, Inc. (CBOE) has a "Hold" rating and 3-star score. The composite score of 45.5 ranks it #1,195 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is CBOE in?

Cboe Global Markets, Inc. operates in the Financials sector (Trading industry) with a market cap of $28.57 billion. It is classified as a large-cap stock.

Does CBOE pay a dividend?

Yes, CBOE pays a dividend with a current yield of 1.06%. The Financials sector average yield is 2.41%. For every $1,000 invested, you would receive approximately $10.60 in annual dividend income.

What is CBOE's P/E ratio?

CBOE has a trailing P/E ratio of 26.67x. The Financials sector average is 14.8x. This P/E is in a moderate range relative to the broader market.

How profitable is CBOE?

CBOE's quality factor score is 37/100. Gross margin: 48.9%. ROE: 25.7% vs sector average 8.5%. Margins are moderate to low, reflecting competitive market dynamics.

How is CBOE valued compared to peers?

CBOE's value factor score is 40/100 (higher = cheaper). Key multiples: P/E 26.7x, EV/EBITDA 19.9x. Trading at a premium relative to peers.

What is CBOE's debt level?

CBOE's debt-to-equity ratio is 34%. Sector average: 119%. Low leverage suggests conservative financial management.

CBOE has a beta of -0.11, meaning it is less volatile than the market. Stability score: 92/100.

Does CBOE have high short interest?

CBOE's short interest factor score is 21/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

CBOE Stock Analysis: Hold (Score 45.5/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
CBOE	+3.45%	+3.63%	-3.26%	+15.52%	+29.17%	-	-	-
Industry Proxy XLF	+0.18%	+0.98%	-5.66%	-9.57%	-1.26%	-	-	-
U.S. Market SPY	+0.09%	+1.66%	-4.86%	-3.83%	+16.17%	-	-	-
Alpha vs Market	+3.36%	+1.97%	+1.60%	+19.34%	+12.99%	-	-	-
Alpha vs Sector	+3.26%	+2.65%	+2.40%	+25.09%	+30.42%	-	-	-

Metric	CBOE	Benchmark
P/E Ratio	26.7x	+80%
EV/EBITDA	19.9x	+511%
Price / Book	6.9x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
SII SPROTT INC.	66	85	45	90	85.3x	73.4%	21.7%	31.3%	-	43.0x	$3.5B	VS
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	55	8.7x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.3B	VS
UVE UNIVERSAL INSURANCE HOLDINGS, INC.	63	74	80	60	9.1x	18.2%	0.0%	6.3%	5.5%	18.0x	$943M	VS
OPY OPPENHEIMER HOLDINGS INC	62	68	79	62	9.7x	9.9%	0.0%	6.5%	37.5%	273.0x	$936M	VS
PKBK PARKE BANCORP, INC.	61	60	77	65	9.8x	10.5%	-	24.8%	20.9%	593.0x	$331M	VS
RRBI RED RIVER BANCSHARES INC	59	59	70	68	15.1x	11.0%	0.0%	27.5%	13.3%	818.0x	$591M	VS
VIRT Virtu Financial, Inc.	59	73	79	53	5.1x	38.0%	0.0%	21.7%	19.0%	103.0x	$3.7B	VS
TW Tradeweb Markets Inc.	58	84	56	41	36.9x	9.5%	68.0%	34.4%	25.6%	14.0x	$24.8B	VS
PEBK PEOPLES BANCORP OF NORTH CAROLINA INC	58	60	75	61	12.6x	10.9%	0.0%	20.8%	6.7%	983.0x	$210M	VS
CCBG CAPITAL CITY BANK GROUP INC	56	59	73	50	12.4x	10.9%	0.0%	29.9%	5.5%	693.0x	$738M	VS
CBOE Cboe Global Markets, Inc.	46	37	40	58	26.7x	25.7%	48.9%	23.3%	17.2%	34.0x	$28.6B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.5%	0.5%	-	0.5%	0.4%	0.4%	0.4%	1.4%	1.2%	1.2%	2.4%
Operating Margin %	0.3%	0.3%	-	0.3%	0.1%	0.2%	0.2%	0.6%	0.4%	0.5%	1.3%
EBITDA Margin %	0.3%	0.3%	-	0.3%	0.1%	0.2%	0.3%	0.9%	0.9%	0.7%	1.1%
Net Margin %	0.2%	0.2%	-	0.2%	0.1%	0.2%	0.1%	0.4%	0.3%	0.5%	0.8%
FCF Margin %	6.2%	-	-	-	-	-	41.2%	23.9%	18.0%	15.1%	26.3%
ROE %	0.3%	0.2%	-	0.2%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.6%
ROA %	0.1%	0.1%	-	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.4%
ROIC %	0.2%	0.2%	18.1%	15.4%	7.4%	13.0%	12.1%	7.4%	7.1%	4.3%	106.8%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.5%

0.4%

1.4%

1.2%

2.4%

Operating Margin %

0.3%

0.1%

0.2%

0.6%

0.4%

0.5%

1.3%

EBITDA Margin %

0.3%

0.1%

0.2%

0.3%

0.9%

0.7%

1.1%

Net Margin %

0.2%

0.1%

0.2%

0.1%

0.4%

0.3%

0.5%

0.8%

FCF Margin %

6.2%

41.2%

23.9%

18.0%

15.1%

26.3%

ROE %

0.3%

0.2%

0.1%

0.6%

ROA %

0.1%

0.0%

0.1%

0.4%

ROIC %

0.2%

18.1%

15.4%

7.4%

13.0%

12.1%

7.4%

7.1%

4.3%

106.8%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$4.7B	$4.7B	—	$3.8B	$4.0B	$3.5B	$3.4B	$2.5B	$2.8B	$2.2B	$703M	$635M
	—	$2.3B	—	$1.9B	$2.2B	$2.0B	—	—	—	—	—	—
	$1.8B	$2.4B	$1.6B	$1.9B	$1.7B	$1.5B	$1.0B	$938M	$1.2B	$996M	$453M	$458M
Gross Margin	48.9%	51.5%	---	50.8%	44.0%	42.2%	36.6%	136.6%	123.6%	125.0%	241.7%	84.6%
	—	—	—	—	—	—	$161M	$179M	$207M	$196M	$44M	$46M
Total Operating Expenses	—	$962M	—	$860M	$1.3B	$670M	—	—	—	—	—	—
	$1.1B	$1.5B	$1.1B	$1.1B	$490M	$806M	$662M	$537M	$599M	$372M	$298M	$320M
EBIT	$1.1B	$1.5B	$1.1B	$1.1B	$490M	$806M	$662M	$537M	$599M	$372M	$298M	$320M
EBITDA	$1.5B	$1.5B	—	$1.1B	$490M	$806M	$859M	$2.1B	$2.4B	$1.5B	$802M	$370M
Operating Margin	31.1%	31.1%	---	28.0%	12.4%	23.1%	19.3%	64.6%	43.3%	50.0%	127.2%	48.2%
EBITDA Margin	31.8%	33.9%	---	28.0%	12.4%	23.1%	25.1%	86.1%	88.4%	68.8%	114.1%	58.4%
	—	—	$52M	—	—	—	—	—	—	—	—	$43K
	—	$1.6B	—	$1.0B	$433M	$756M	—	—	—	—	—	—
Income Tax Expense	—	$467M	$319M	$286M	$198M	$227M	$192M	$131M	$146M	-$66M	$121M	$119M
	$1.1B	$1.1B	—	$761M	$235M	$529M	$468M	$371M	$425M	$401M	$186M	$205M
Net Margin	23.3%	23.3%	---	20.2%	5.9%	15.1%	13.7%	44.6%	30.7%	53.9%	79.2%	30.9%
	$7.24	$10.46	$7.24	$7.16	$2.20	$4.93	$4.28	$3.35	$3.78	$3.70	$2.27	$2.46
Diluted EPS	$7.24	$10.42	$7.24	$7.13	$2.19	$4.92	$4.28	$3.35	$3.78	$3.70	$2.27	$2.46
Weighted Avg Basic	—	105M	—	106M	106M	107M	—	—	—	—	—	—
Weighted Avg Diluted	—	105M	—	106M	107M	107M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$4.7B

—

$3.8B

$4.0B

$3.5B

$3.4B

$2.5B

$2.8B

$2.2B

$703M

$635M

—

$2.3B

—

$1.9B

$2.2B

$2.0B

—

$1.8B

$2.4B

$1.6B

$1.9B

$1.7B

$1.5B

$1.0B

$938M

$1.2B

$996M

$453M

$458M

Gross Margin

48.9%

51.5%

---

50.8%

44.0%

42.2%

36.6%

136.6%

123.6%

125.0%

241.7%

84.6%

—

$161M

$179M

$207M

$196M

$44M

$46M

Total Operating Expenses

—

$962M

—

$860M

$1.3B

$670M

—

$1.1B

$1.5B

$1.1B

$490M

$806M

$662M

$537M

$599M

$372M

$298M

$320M

EBIT

$1.1B

$1.5B

$1.1B

$490M

$806M

$662M

$537M

$599M

$372M

$298M

$320M

EBITDA

$1.5B

—

$1.1B

$490M

$806M

$859M

$2.1B

$2.4B

$1.5B

$802M

$370M

Operating Margin

31.1%

---

28.0%

12.4%

23.1%

19.3%

64.6%

43.3%

50.0%

127.2%

48.2%

EBITDA Margin

31.8%

33.9%

---

28.0%

12.4%

23.1%

25.1%

86.1%

88.4%

68.8%

114.1%

58.4%

—

$52M

—

$43K

—

$1.6B

—

$1.0B

$433M

$756M

—

Income Tax Expense

—

$467M

$319M

$286M

$198M

$227M

$192M

$131M

$146M

-$66M

$121M

$119M

$1.1B

—

$761M

$235M

$529M

$468M

$371M

$425M

$401M

$186M

$205M

Net Margin

23.3%

---

20.2%

5.9%

15.1%

13.7%

44.6%

30.7%

53.9%

79.2%

30.9%

$7.24

$10.46

$7.24

$7.16

$2.20

$4.93

$4.28

$3.35

$3.78

$3.70

$2.27

$2.46

Diluted EPS

$7.24

$10.42

$7.24

$7.13

$2.19

$4.92

$4.28

$3.35

$3.78

$3.70

$2.27

$2.46

Weighted Avg Basic

—

105M

—

106M

107M

—

Weighted Avg Diluted

—

105M

—

106M

107M

—

Cboe Global Markets, Inc. (CBOE) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Cboe Global Markets, Inc. Do?

Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and ETP listing services. The Futures segment trades in futures. The Europe and Asia Pacific segment offers pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services. The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transactions services. The company has strategic relationships with S&P Dow Jones Indices, LLC; FTSE International Limited; Frank Russell Company; MSCI Inc.; and DJI Opco, LLC. The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017. Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois. Cboe Global Markets, Inc. (CBOE) is classified as a large-cap stock in the Financials sector, specifically within the Trading industry. The company is led by CEO Edward T. Tilly and employs approximately 1,540 people, headquartered in CHICAGO, Illinois. With a market capitalization of $28.6B, CBOE is one of the prominent companies in the Financials sector.

Cboe Global Markets, Inc. (CBOE) Stock Rating — Hold (April 2026)

As of April 2026, Cboe Global Markets, Inc. receives a Hold rating with a composite score of 45.5/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.CBOE ranks #1,195 out of 4,446 stocks in our coverage universe. Within the Financials sector, Cboe Global Markets, Inc. ranks #388 of 900 stocks, placing it in the upper half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

CBOE Stock Price and 52-Week Range

Cboe Global Markets, Inc. (CBOE) currently trades at $289.95. The 52-week high for CBOE is $305.00, which means the stock is currently trading -4.9% from its annual peak. The 52-week low is $200.88, putting the stock 44.3% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is CBOE Overvalued or Undervalued? — Valuation Analysis

Cboe Global Markets, Inc. (CBOE) carries a value factor score of 40/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 26.67x, compared to the Financials sector average of 14.78x — a premium of 80%. The price-to-book ratio stands at 6.86x, versus the sector average of 1.19x. The price-to-sales ratio is 6.22x, compared to 0.89x for the average Financials stock. On an enterprise value basis, CBOE trades at 19.91x EV/EBITDA, versus 3.26x for the sector.

Overall, CBOE's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Cboe Global Markets, Inc. Profitability — ROE, Margins, and Quality Score

Cboe Global Markets, Inc. (CBOE) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 25.7%, compared to the Financials sector average of 8.5%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 14.1% versus the sector average of 1.3%.

On a margin basis, Cboe Global Markets, Inc. reports gross margins of 48.9%. The operating margin is 31.1% (sector: 21.8%). Net profit margin stands at 23.3%, versus 17.8% for the average Financials stock. Revenue growth is running at 17.2% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

CBOE Debt, Balance Sheet, and Financial Health

Cboe Global Markets, Inc. has a debt-to-equity ratio of 34.0%, compared to the Financials sector average of 118.5%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $1.44B. Cash and equivalents stand at $920M.

CBOE has a beta of -0.11, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Cboe Global Markets, Inc. is 92/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

Cboe Global Markets, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Cboe Global Markets, Inc. reported revenue of $4.71B and earnings per share (EPS) of $7.24. Net income for the quarter was $1.10B. Gross margin was 48.9%. Operating income came in at $1.06B.

In FY 2024, Cboe Global Markets, Inc. reported revenue of N/A and earnings per share (EPS) of $7.24. Operating income came in at $1.10B.

In Q4 2025, Cboe Global Markets, Inc. reported revenue of $1.20B. Net income for the quarter was $314M. Gross margin was 45.1%.

In FY 2025, Cboe Global Markets, Inc. reported revenue of $4.71B and earnings per share (EPS) of $10.46. Net income for the quarter was $1.10B. Gross margin was 51.5%. Operating income came in at $1.47B.

Over the past 8 quarters, Cboe Global Markets, Inc. has demonstrated a growth trajectory, with revenue expanding from $2.37B to $4.71B. Investors analyzing CBOE stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

CBOE Dividend Yield and Income Analysis

Cboe Global Markets, Inc. (CBOE) currently pays a dividend yield of 1.1%. At this yield, a $10,000 investment in CBOE stock would generate approximately $$106.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.4%, meaning CBOE yields less than the typical sector peer. With a net margin of 23.3%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

CBOE Momentum and Technical Analysis Profile

Cboe Global Markets, Inc. (CBOE) has a momentum factor score of 58/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 27/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 21/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

CBOE vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, Cboe Global Markets, Inc. (CBOE) ranks #388 out of 900 stocks based on the Blank Capital composite score. This places CBOE in the upper half of all Financials stocks in our coverage universe. Key competitors and sector peers include UNIVERSAL INSURANCE HOLDINGS, INC. (UVE) with a score of 62.6/100, WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 63.3/100, PARKE BANCORP, INC. (PKBK) with a score of 60.5/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.3/100, and PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) with a score of 57.6/100.

Comparing CBOE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full CBOE vs S&P 500 (SPY) comparison to assess how Cboe Global Markets, Inc. stacks up against the broader market across all factor dimensions.

CBOE Next Earnings Date

No upcoming earnings date has been announced for Cboe Global Markets, Inc. (CBOE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy CBOE? — Investment Thesis Summary

Cboe Global Markets, Inc. presents a balanced picture with arguments on both sides. The quality score of 37/100 flags below-average profitability. Low volatility (stability score 92/100) reduces downside risk.

In summary, Cboe Global Markets, Inc. (CBOE) earns a Hold rating with a composite score of 45.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on CBOE stock.

Related Resources for CBOE Investors

Explore more research and tools: CBOE vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare CBOE head-to-head with peers: CBOE vs UVE, CBOE vs WTM, CBOE vs PKBK.

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Cboe Global Markets, Inc. (CBOE) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Cboe Global Markets, Inc. Do?

Cboe Global Markets, Inc. (CBOE) Stock Rating — Hold (April 2026)

CBOE Stock Price and 52-Week Range

Is CBOE Overvalued or Undervalued? — Valuation Analysis

Cboe Global Markets, Inc. Profitability — ROE, Margins, and Quality Score

CBOE Debt, Balance Sheet, and Financial Health

Cboe Global Markets, Inc. Revenue and Earnings History — Quarterly Trend

CBOE Dividend Yield and Income Analysis

CBOE Momentum and Technical Analysis Profile

CBOE vs Competitors — Financials Sector Ranking and Peer Comparison

CBOE Next Earnings Date

Should You Buy CBOE? — Investment Thesis Summary

Related Resources for CBOE Investors

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