Cboe Global Markets (CBOE) vs Nasdaq (NDAQ)
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 Nasdaq (NDAQ) over the past year, gaining 21.9% versus a gain of 2.8%. Over five years, CBOE leads with a +134.3% price change compared with +36.5% for NDAQ. Nasdaq is the larger company by market cap ($51.63 billion vs $30.71 billion), about 1.7 times the size, while Cboe Global Markets is growing revenue faster (+15.1% vs +11.6%).
On valuation, Cboe Global Markets trades at a lower forward P/E (19.4x vs 19.7x for Nasdaq). Nasdaq offers the higher dividend yield (1.21% vs 0.98%). Cboe Global Markets converts more of its revenue into profit, with a net margin of 23.3% versus 21.6%.
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 | NDAQ |
|---|---|---|
| Share price | $294.08 | $92.37 |
| Market cap | $30.71B | $51.63B |
| 1-day change | +4.44% | +0.48% |
| YTD return | +17.16% | -4.90% |
| 1-year return | +21.89% | +2.78% |
| 5-year return | +134.25% | +36.49% |
| P/E ratio (TTM) | 22.92 | 26.93 |
| Forward P/E | 19.35 | 19.74 |
| EPS (TTM) | $12.83 | $3.43 |
| Dividend yield | 0.98% | 1.21% |
| Annual dividend | $2.88 | $1.12 |
| Revenue (latest FY) | $4.71B | $8.26B |
| Revenue growth (YoY) | +15.13% | +11.65% |
| Net income (latest FY) | $1.10B | $1.79B |
| Gross margin | 51.53% | 63.53% |
| Operating margin | 31.12% | 28.21% |
| Net margin | 23.33% | 21.64% |
| 52-week high | $371.18 | $101.79 |
| 52-week low | $227.15 | $76.55 |
| Distance from 52-week high | -20.77% | -9.25% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +6.71% | +18.07% |
| Average volume | 1.09M | 3.28M |
| Shares outstanding | 104.43M | 558.98M |
| Employees | 1,661 | 9,630 |
| Sector | Financial Services | Financial Services |
| Industry | Financial Data & Stock Exchanges | Financial Data & Stock Exchanges |
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 NDAQ by 19.1 percentage points over the past year.
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.
Financial Services · Financial Data & Stock Exchanges · 1,661 employees
About Nasdaq
NDAQ stock →Nasdaq, Inc. operates as a technology company that serves capital markets and other industries in the United States and internationally.
Financial Services · Financial Data & Stock Exchanges · 9,630 employees
CBOE vs NDAQ FAQ
Which is bigger, Cboe Global Markets or Nasdaq?
Nasdaq (NDAQ) is larger, with a market capitalization of $51.63B compared with $30.71B for Cboe Global Markets (CBOE).
Which stock has performed better over the past year, CBOE or NDAQ?
CBOE returned +21.89% over the past 12 months, compared with +2.78% for NDAQ (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBOE or NDAQ?
CBOE has the lower trailing P/E at 22.9, versus 26.9 for NDAQ. 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 Nasdaq?
Nasdaq has the higher yield at 1.21%, compared with 0.98% for Cboe Global Markets.
Are Cboe Global Markets and Nasdaq in the same industry?
Yes. Both are classified in the Financial Data & Stock Exchanges industry within the Financial Services sector.