Cboe Global Markets (CBOE) vs S&P Global (SPGI)
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 S&P Global (SPGI) over the past year, gaining 16.9% versus a loss of 13.2%. Over five years, CBOE leads with a +124.3% price change compared with -5.9% for SPGI. S&P Global is the larger company by market cap ($116.50 billion vs $29.40 billion), about 4.0 times the size, while Cboe Global Markets is growing revenue faster (+15.1% vs +7.9%).
On valuation, Cboe Global Markets trades at a lower forward P/E (18.6x vs 19.6x for S&P Global). Cboe Global Markets offers the higher dividend yield (1.02% vs 0.98%). S&P Global converts more of its revenue into profit, with a net margin of 29.2% 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 | SPGI |
|---|---|---|
| Share price | $281.57 | $395.18 |
| Market cap | $29.40B | $116.50B |
| 1-day change | +1.21% | -0.24% |
| YTD return | +12.18% | -20.07% |
| 1-year return | +16.88% | -13.20% |
| 5-year return | +124.29% | -5.91% |
| P/E ratio (TTM) | 21.95 | 24.11 |
| Forward P/E | 18.57 | 19.58 |
| EPS (TTM) | $12.83 | $16.39 |
| Dividend yield | 1.02% | 0.98% |
| Annual dividend | $2.88 | $3.86 |
| Revenue (latest FY) | $4.71B | $15.34B |
| Revenue growth (YoY) | +15.13% | +7.94% |
| Net income (latest FY) | $1.10B | $4.47B |
| Gross margin | 51.53% | 70.25% |
| Operating margin | 31.12% | 42.24% |
| Net margin | 23.33% | 29.15% |
| 52-week high | $371.18 | $522.47 |
| 52-week low | $227.15 | $361.03 |
| Distance from 52-week high | -24.14% | -24.36% |
| Analyst consensus | hold | strong_buy |
| Avg. price target upside | +11.28% | +31.21% |
| Average volume | 1.08M | 1.91M |
| Shares outstanding | 104.43M | 294.80M |
| Employees | 1,661 | 44,500 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Finance: Consumer 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
- S&P Global is about 4.0 times larger than Cboe Global Markets by market value ($116.50B vs $29.40B).
- CBOE has outperformed SPGI by 30.1 percentage points over the past year.
- S&P Global is more profitable, keeping 29.2 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 +7.94%).
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 S&P Global
SPGI stock →S&P Global Inc., together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets. It operates through four segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, and S&P Dow Jones Indices.
Finance · Finance: Consumer Services · 44,500 employees
CBOE vs SPGI FAQ
Which is bigger, Cboe Global Markets or S&P Global?
S&P Global (SPGI) is larger, with a market capitalization of $116.50B compared with $29.40B for Cboe Global Markets (CBOE).
Which stock has performed better over the past year, CBOE or SPGI?
CBOE returned +16.88% over the past 12 months, compared with -13.20% for SPGI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBOE or SPGI?
CBOE has the lower trailing P/E at 21.9, versus 24.1 for SPGI. 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 S&P Global?
Cboe Global Markets has the higher yield at 1.02%, compared with 0.98% for S&P Global.
Are Cboe Global Markets and S&P Global in the same industry?
Both are in the Finance sector, but in different industries: Investment Bankers/Brokers/Service for Cboe Global Markets and Finance: Consumer Services for S&P Global.