# Cboe Global Markets, Inc. (CBOE) · Edgar & Edgarette company card

> Cboe Global Markets (CBOE) grew revenue 15.1% in FY2025 to $4.7 billion, operating margin 31.1%, equity 55.2% of assets, and dividend per share up 11 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1374310 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CBOE) · [JSON](https://www.pops4.com/boards/company/CBOE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4.7B |
| Revenue growth, 1 year | 15.1% |
| Revenue growth per year | 7.8% |
| Operating margin | 31.1% (prior year 26.8%) |
| Net margin | 23.3% |
| Operating cash flow | $1.8B |
| Capital spending | $71M |
| Free cash flow | $1.7B |
| Cash | $2.2B |
| Long-term debt | $1.4B |
| Total assets | $9.3B |
| Total equity | $5.1B |
| Equity ÷ assets | 55.2% |
| Return on equity | 21.4% |
| Dividend per share | $2.7 |
| Dividend years rising | 11 |

## Readings, computed from those figures

- Piotroski F: 8 of 9 (strong)
- Health Harbor boat: Sound ship · one warning sign · filed restructuring or exit costs in the last 12 months
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $4.7B (FY2025), total debt $1.4B. Experience: revenue up 15.1% on the year, up 7.8% a year over 4 years; operating margin 31.1%, up from 26.8%. Soundness: equity 55.2% of assets, return on equity 21.4%, payout 25.8% of profit, dividend per share up 11 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.5B and $5.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.1B to $6.3B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, security & commodity brokers, dealers, exchanges & services): growth 15.1% against 15.3%.

Range logged 2026-09-30, receipt 0e5388322ea2d235, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.05 Restructuring or exit costs: 1, latest 2026-05-01 ([filing](https://www.sec.gov/Archives/edgar/data/1374310/000162828026029103/0001628280-26-029103-index.htm))
- Item 5.02 Director or officer change: 1, latest 2026-01-26 ([filing](https://www.sec.gov/Archives/edgar/data/1374310/000110465926006416/0001104659-26-006416-index.htm))

## Recent filings

- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/1374310/000162828026068447/0001628280-26-068447-index.htm)
- 8-K · filed 2026-10-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1374310/000162828026068432/0001628280-26-068432-index.htm)
- 8-K · filed 2026-09-29 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1374310/000110465926111989/0001104659-26-111989-index.htm)
- 10-Q · filed 2026-07-31 · [filing](https://www.sec.gov/Archives/edgar/data/1374310/000162828026051239/0001628280-26-051239-index.htm)
- 8-K · filed 2026-07-31 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1374310/000162828026051217/0001628280-26-051217-index.htm)
- 8-K · filed 2026-07-28 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1374310/000110465926087625/0001104659-26-087625-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001374310.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1374310

## Cite

POPS4, Edgar & Edgarette: Cboe Global Markets, Inc. (CBOE) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/CBOE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.