Compare
Cboe Global Markets, Inc. vs CME Group Inc. vs Nasdaq, Inc. vs Tradeweb Markets Inc.
| Latest fiscal year | Cboe Global Markets, Inc. CBOE | CME Group Inc. CME | Nasdaq, Inc. NDAQ | Tradeweb Markets Inc. TW |
|---|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2025-12-31 | 2025-12-31 |
| Revenue | $4.71B | $6.52B | $8.26B | $2.05B |
| Revenue growth (YoY) | +15.1% | +6.4% | +11.6% | +18.9% |
| Gross margin | 51.5% | n/a | 63.5% | n/a |
| Operating margin | 31.1% | 64.9% | 28.2% | 40.7% |
| Net margin | 23.3% | 62.5% | 21.6% | 44.9% |
| Net income | $1.10B | $4.07B | $1.79B | $921.50M |
| EPS (Diluted) | $10.42 | $11.16 | $3.09 | $3.78 |
| Operating cash flow | $1.75B | $4.28B | $2.25B | $1.17B |
| Free cash flow | $1.68B | $4.19B | $1.99B | $1.13B |
| Cash & equivalents | $2.22B | $4.42B | $604.00M | $2.08B |
| Total assets | $9.31B | $198.42B | $31.05B | $8.19B |
| Total liabilities | $4.17B | $169.70B | $18.82B | $1.00B |
| Shareholders' equity | $5.14B | $28.73B | $12.23B | $6.51B |
| Return on year-end equity | 21.4% | 14.2% | 14.6% | 14.2% |
| Shares outstanding | 104.65M | n/a | 569.89M | n/a |
Revenue, most recent five fiscal years
| Fiscal year | Cboe Global Markets, Inc. | CME Group Inc. | Nasdaq, Inc. | Tradeweb Markets Inc. |
|---|---|---|---|---|
| Latest | $4.71B Ended 2025-12-31 | $6.52B Ended 2025-12-31 | $8.26B Ended 2025-12-31 | $2.05B Ended 2025-12-31 |
| 1 year earlier | $4.09B Ended 2024-12-31 | $6.13B Ended 2024-12-31 | $7.40B Ended 2024-12-31 | $1.73B Ended 2024-12-31 |
| 2 years earlier | $3.77B Ended 2023-12-31 | $5.58B Ended 2023-12-31 | $6.06B Ended 2023-12-31 | $1.34B Ended 2023-12-31 |
| 3 years earlier | $3.96B Ended 2022-12-31 | $5.02B Ended 2022-12-31 | $6.23B Ended 2022-12-31 | $1.19B Ended 2022-12-31 |
| 4 years earlier | $3.49B Ended 2021-12-31 | $4.69B Ended 2021-12-31 | $5.89B Ended 2021-12-31 | $1.08B Ended 2021-12-31 |