Cboe Global Markets (CBOE) vs MSCI (MSCI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Cboe Global Markets (CBOE) has outperformed MSCI (MSCI) over the past year, gaining 21.9% versus a loss of 0.9%. Over five years, CBOE leads with a +134.3% price change compared with -8.8% for MSCI. MSCI is the larger company by market cap ($41.08 billion vs $31.76 billion), about 1.3 times the size, while Cboe Global Markets is growing revenue faster (+15.1% vs +9.7%).
On valuation, Cboe Global Markets trades at a lower forward P/E (20.0x vs 25.2x for MSCI). MSCI offers the higher dividend yield (1.36% vs 0.95%). MSCI converts more of its revenue into profit, with a net margin of 38.4% 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 | MSCI |
|---|---|---|
| Share price | $304.16 | $565.12 |
| Market cap | $31.76B | $41.08B |
| 1-day change | +3.43% | +0.61% |
| YTD return | +17.16% | -2.10% |
| 1-year return | +21.89% | -0.93% |
| 5-year return | +134.25% | -8.83% |
| P/E ratio (TTM) | 23.71 | 30.88 |
| Forward P/E | 20.02 | 25.15 |
| EPS (TTM) | $12.83 | $18.30 |
| Dividend yield | 0.95% | 1.36% |
| Annual dividend | $2.88 | $7.70 |
| Revenue (latest FY) | $4.71B | $3.13B |
| Revenue growth (YoY) | +15.13% | +9.75% |
| Net income (latest FY) | $1.10B | $1.20B |
| Gross margin | 51.53% | 82.44% |
| Operating margin | 31.12% | 54.67% |
| Net margin | 23.33% | 38.36% |
| 52-week high | $371.18 | $644.77 |
| 52-week low | $227.15 | $501.08 |
| Distance from 52-week high | -18.06% | -12.35% |
| Analyst consensus | hold | strong_buy |
| Avg. price target upside | +3.17% | +21.97% |
| Average volume | 1.09M | 621.67K |
| Shares outstanding | 104.43M | 72.70M |
| Employees | 1,661 | 6,327 |
| Sector | Finance | Consumer Discretionary |
| Industry | Investment Bankers/Brokers/Service | Business Services |
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 MSCI by 22.8 percentage points over the past year.
- MSCI trades at a higher earnings multiple (30.9x vs 23.7x trailing P/E).
- MSCI is more profitable, keeping 38.4 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 +9.75%).
- The two companies sit in different sectors: Cboe Global Markets in Finance and MSCI in Consumer Discretionary.
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 MSCI
MSCI stock →MSCI Inc., together with its subsidiaries, provides research-based data, analytics, and indexes, supported by advanced technology worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial products, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.
Consumer Discretionary · Business Services · 6,327 employees
CBOE vs MSCI FAQ
Which is bigger, Cboe Global Markets or MSCI?
MSCI (MSCI) is larger, with a market capitalization of $41.08B compared with $31.76B for Cboe Global Markets (CBOE).
Which stock has performed better over the past year, CBOE or MSCI?
CBOE returned +21.89% over the past 12 months, compared with -0.93% for MSCI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBOE or MSCI?
CBOE has the lower trailing P/E at 23.7, versus 30.9 for MSCI. 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 MSCI?
MSCI has the higher yield at 1.36%, compared with 0.95% for Cboe Global Markets.
Are Cboe Global Markets and MSCI in the same industry?
No. Cboe Global Markets is in the Finance sector, while MSCI is in Consumer Discretionary.