Cboe Global Markets (CBOE) vs Raymond James Financial (RJF)
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 Raymond James Financial (RJF) over the past year, gaining 16.9% versus a loss of 5.1%. Over five years, CBOE leads with a +124.3% price change compared with +56.9% for RJF. Cboe Global Markets is the larger company by market cap ($30.71 billion vs $30.47 billion), about 1.0 times the size.
On valuation, Raymond James Financial trades at a lower forward P/E (11.1x vs 19.4x for Cboe Global Markets). Raymond James Financial offers the higher dividend yield (1.34% vs 0.98%). Cboe Global Markets converts more of its revenue into profit, with a net margin of 23.3% versus 13.4%.
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 | RJF |
|---|---|---|
| Share price | $294.08 | $158.60 |
| Market cap | $30.71B | $30.47B |
| 1-day change | +4.44% | +0.86% |
| YTD return | +12.18% | -2.08% |
| 1-year return | +16.88% | -5.07% |
| 5-year return | +124.29% | +56.92% |
| P/E ratio (TTM) | 22.92 | 13.83 |
| Forward P/E | 19.35 | 11.12 |
| EPS (TTM) | $12.83 | $11.47 |
| Dividend yield | 0.98% | 1.34% |
| Annual dividend | $2.88 | $2.12 |
| Revenue (latest FY) | $4.71B | $15.91B |
| Revenue growth (YoY) | +15.13% | +6.63% |
| Net income (latest FY) | $1.10B | $2.13B |
| Gross margin | 51.53% | — |
| Operating margin | 31.12% | — |
| Net margin | 23.33% | 13.42% |
| 52-week high | $371.18 | $182.73 |
| 52-week low | $227.15 | $138.82 |
| Distance from 52-week high | -20.77% | -13.21% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +6.55% | +17.05% |
| Average volume | 1.07M | 1.20M |
| Shares outstanding | 104.43M | 192.10M |
| Employees | 1,661 | 19,500 |
| 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 RJF by 21.9 percentage points over the past year.
- Cboe Global Markets trades at a higher earnings multiple (22.9x vs 13.8x trailing P/E).
- Cboe Global Markets is more profitable, keeping 23.3 cents of every revenue dollar as net income versus 13.4 cents for Raymond James Financial.
- Cboe Global Markets grew revenue faster in its latest fiscal year (+15.13% vs +6.63%).
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 Raymond James Financial
RJF stock →Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services.
Finance · Investment Bankers/Brokers/Service · 19,500 employees
CBOE vs RJF FAQ
Which is bigger, Cboe Global Markets or Raymond James Financial?
Cboe Global Markets (CBOE) is larger, with a market capitalization of $30.71B compared with $30.47B for Raymond James Financial (RJF).
Which stock has performed better over the past year, CBOE or RJF?
CBOE returned +16.88% over the past 12 months, compared with -5.07% for RJF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBOE or RJF?
RJF has the lower trailing P/E at 13.8, versus 22.9 for CBOE. 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 Raymond James Financial?
Raymond James Financial has the higher yield at 1.34%, compared with 0.98% for Cboe Global Markets.
Are Cboe Global Markets and Raymond James Financial in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.