Cboe Global Markets (CBOE) vs LPL Financial (LPLA)
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 LPL Financial (LPLA) over the past year, gaining 16.9% versus a gain of 2.4%. Over five years, CBOE leads with a +124.3% price change compared with +88.3% for LPLA. Cboe Global Markets is the larger company by market cap ($30.96 billion vs $25.93 billion), about 1.2 times the size, while LPL Financial is growing revenue faster (+37.2% vs +15.1%).
On valuation, LPL Financial trades at a lower forward P/E (11.0x vs 19.5x for Cboe Global Markets). Cboe Global Markets offers the higher dividend yield (0.97% vs 0.36%). Cboe Global Markets converts more of its revenue into profit, with a net margin of 23.3% versus 5.1%.
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 | LPLA |
|---|---|---|
| Share price | $296.45 | $329.36 |
| Market cap | $30.96B | $25.93B |
| 1-day change | +5.28% | +1.40% |
| YTD return | +12.18% | -9.06% |
| 1-year return | +16.88% | +2.36% |
| 5-year return | +124.29% | +88.29% |
| P/E ratio (TTM) | 23.11 | 26.20 |
| Forward P/E | 19.51 | 10.98 |
| EPS (TTM) | $12.83 | $12.57 |
| Dividend yield | 0.97% | 0.36% |
| Annual dividend | $2.88 | $1.20 |
| Revenue (latest FY) | $4.71B | $16.99B |
| Revenue growth (YoY) | +15.13% | +37.18% |
| Net income (latest FY) | $1.10B | $863.02M |
| Gross margin | 51.53% | — |
| Operating margin | 31.12% | — |
| Net margin | 23.33% | 5.08% |
| 52-week high | $371.18 | $400.16 |
| 52-week low | $227.15 | $260.15 |
| Distance from 52-week high | -20.13% | -17.69% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +5.69% | +28.55% |
| Average volume | 1.07M | 726.51K |
| Shares outstanding | 104.43M | 78.74M |
| Employees | 1,661 | 10,081 |
| 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
- CBOE has outperformed LPLA by 14.5 percentage points over the past year.
- Cboe Global Markets is more profitable, keeping 23.3 cents of every revenue dollar as net income versus 5.1 cents for LPL Financial.
- LPL Financial grew revenue faster in its latest fiscal year (+37.18% vs +15.13%).
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 LPL Financial
LPLA stock →LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account.
Finance · Investment Bankers/Brokers/Service · 10,081 employees
CBOE vs LPLA FAQ
Which is bigger, Cboe Global Markets or LPL Financial?
Cboe Global Markets (CBOE) is larger, with a market capitalization of $30.96B compared with $25.93B for LPL Financial (LPLA).
Which stock has performed better over the past year, CBOE or LPLA?
CBOE returned +16.88% over the past 12 months, compared with +2.36% for LPLA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBOE or LPLA?
CBOE has the lower trailing P/E at 23.1, versus 26.2 for LPLA. 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 LPL Financial?
Cboe Global Markets has the higher yield at 0.97%, compared with 0.36% for LPL Financial.
Are Cboe Global Markets and LPL Financial in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.