Cboe Global Markets (CBOE) vs CME Group (CME)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cboe Global Markets (CBOE) has outperformed CME Group (CME) over the past year, gaining 16.9% versus a gain of 2.5%. Over five years, CBOE leads with a +124.3% price change compared with +27.5% for CME. CME Group is the larger company by market cap ($97.18 billion vs $29.40 billion), about 3.3 times the size, while Cboe Global Markets is growing revenue faster (+15.1% vs +6.4%).
On valuation, Cboe Global Markets trades at a lower forward P/E (18.6x vs 20.9x for CME Group). CME Group offers the higher dividend yield (1.89% vs 1.02%). CME Group converts more of its revenue into profit, with a net margin of 62.5% versus 23.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CBOE | CME |
|---|---|---|
| Share price | $281.57 | $270.27 |
| Market cap | $29.40B | $97.18B |
| 1-day change | +1.21% | +0.03% |
| YTD return | +12.18% | -1.03% |
| 1-year return | +16.88% | +2.53% |
| 5-year return | +124.29% | +27.55% |
| P/E ratio (TTM) | 22.21 | 22.92 |
| Forward P/E | 18.57 | 20.86 |
| EPS (TTM) | $12.68 | $11.79 |
| Dividend yield | 1.02% | 1.89% |
| Annual dividend | $2.88 | $5.10 |
| Revenue (latest FY) | $4.71B | $6.52B |
| Revenue growth (YoY) | +15.13% | +6.37% |
| Net income (latest FY) | $1.10B | $4.07B |
| Gross margin | 51.53% | — |
| Operating margin | 31.12% | 64.86% |
| Net margin | 23.33% | 62.45% |
| 52-week high | $371.18 | $329.16 |
| 52-week low | $227.15 | $218.31 |
| Distance from 52-week high | -24.14% | -17.89% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +11.28% | +5.52% |
| Average volume | 1.07M | 2.03M |
| Shares outstanding | 104.43M | 359.58M |
| Employees | 1,661 | 3,875 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CME Group is about 3.3 times larger than Cboe Global Markets by market value ($97.18B vs $29.40B).
- CBOE has outperformed CME by 14.4 percentage points over the past year.
- CME Group is more profitable, keeping 62.5 cents of every revenue dollar as net income versus 23.3 cents for Cboe Global Markets.
- Cboe Global Markets grew revenue faster in its latest fiscal year (+15.13% vs +6.37%).
About Cboe Global Markets
CBOE stock →Cboe Global Markets, Inc., through its subsidiaries, operates as a derivatives and securities exchange network that delivers trading, clearing, and investment solutions in the United States and internationally. It operates through five segments: Options, North American Equities, Europe and Asia Pacific, Futures, and Global FX.
Finance · Investment Bankers/Brokers/Service · 1,661 employees
About CME Group
CME stock →CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, and foreign exchange; and agricultural, energy, and metals commodities, as well as fixed income and foreign currency trading services.
Finance · Investment Bankers/Brokers/Service · 3,875 employees
CBOE vs CME FAQ
Which is bigger, Cboe Global Markets or CME Group?
CME Group (CME) is larger, with a market capitalization of $97.18B compared with $29.40B for Cboe Global Markets (CBOE).
Which stock has performed better over the past year, CBOE or CME?
CBOE returned +16.88% over the past 12 months, compared with +2.53% for CME (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBOE or CME?
CBOE has the lower trailing P/E at 22.2, versus 22.9 for CME. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Cboe Global Markets or CME Group?
CME Group has the higher yield at 1.89%, compared with 1.02% for Cboe Global Markets.
Are Cboe Global Markets and CME Group in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.