Stocktoria
Cboe Global Markets, Inc. CBOE
Cboe Global Markets, Inc. (CBOE) earns a Piotroski F-score of 8/9 (strong financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 1.17% (safety: safe). FY2025 revenue was $4.7B at a 23.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.98 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-03 | TD Cowen | Hold (main) |
| 2026-08-03 | Barclays | Overweight (main) |
| 2026-07-28 | JP Morgan | Underweight (main) |
| 2026-07-20 | TD Cowen | Hold (main) |
| 2026-07-15 | Piper Sandler | Overweight (main) |
| 2026-07-09 | Barclays | Overweight (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 8/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.221 |
| Retained earnings / assets | 0.381 |
| EBIT / assets | 0.158 |
| Equity / liabilities | 1.233 |
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| CBOE | Cboe Global Markets, Inc. | 8/9 | 5.05 | 22 | +15.1% |
| CME | CME GROUP INC. | 4/9 | 0.59 | 19.7 | +6.4% |
| NDAQ | NASDAQ, INC. | 9/9 | 2.2 | 24.8 | +11.6% |
| WTF | Waton Financial Ltd | 4/9 | -0.97 | — | — |
| GSIW | Garden Stage Ltd | 4/9 | — | — | — |
| EBON | Ebang International Holdings Inc. | 5/9 | — | — | — |
| TOP | TOP Financial Group Ltd | 3/9 | — | — | — |
All Finance, Insurance & Real Estate companies →
About Cboe Global Markets, Inc.
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. The Options segment includes options on market indices, stocks of individual corporations, and exchange-traded products (ETPs), such as exchange-traded funds (ETFs) and exchange-traded notes (ETNs). This segment also offers trading in listed options through a single system. The North American Equities segment comprises U.S. equities and ETP transaction services. This segment also includes listing services on Cboe Canada, ETP listings on BZX, the Cboe Global Markets, Inc. common stock listing, and applicable market data. The Europe and Asia Pacific segment provides pan-European derivatives transaction services; ETPs, including exchange-traded funds, exchange-traded notes, and exchange-traded commodities; international depository receipts; and an ETP listings business on regulated markets and clearing activities, as well as equities services. The Futures segment offers transaction services, including trading in VIX futures and other futures products, the licensing of proprietary market data, and access and capacity services. The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transaction services. The company also provides trading solutions and products in multiple asset classes, including equities, derivatives, and FX across North America, Europe, and Asia Pacific. It has strategic relationships with S&P Dow Jones Indices, LLC; Frank Russell Company; and FTSE International Limited. The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017. Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois.
FAQ
Is CBOE financially healthy?
Cboe Global Markets, Inc.'s Piotroski F-score is 8/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does CBOE pay a dividend, and is it safe?
Yes. Cboe Global Markets, Inc. pays a dividend yielding about 1.17% with a 25.8% payout ratio, rated “safe” for safety.
How profitable is CBOE?
In FY2025, Cboe Global Markets, Inc. had a net margin of 23.3% and a return on equity of 21.4%.
Is CBOE overvalued or undervalued?
Cboe Global Markets, Inc. trades at about 27.9× trailing earnings — near its 10-year norm (10-year range 21.5×–56.1×, median 28.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for CBOE?
The average Wall-Street price target for Cboe Global Markets, Inc. is $317.71, about 9.2% above the recent price, from 14 analysts (consensus: hold).
Is CBOE a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Cboe Global Markets, Inc.: a Piotroski F-score of 8/9, an Altman Z″ in the safe zone, a P/E of about 22.0×, a dividend yield of 1.17%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.