CM vs CME vs TW Stock Comparison

Canadian Imperial Bank Of Commerce, Cme and Tradeweb Markets Prices as of Oct 26, 2026 Peers: Industry group
CME Cme Group Inc.
$308.06 +16.5% 1M +14.3% 1Y
Market cap
$104.98B
P/E
23.8x
Revenue (TTM)
$6.97B
Div. yield
–
Exchanges Financial Services
2 wins
TW Tradeweb Markets Inc.
$123.45 +22.0% 1M +11.3% 1Y
Market cap
$25.42B
P/E
28.3x
Revenue (TTM)
$2.21B
Div. yield
0.00%
Exchanges Financial Services
1 win

Head to Head

12 decided of 12

Canadian Imperial Bank Of Commerce leads on 9 of the 12 questions below (Canadian Imperial Bank Of Commerce 9, Cme 2, Tradeweb Markets 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMCMETWLeader
Larger companyMarket capitalisation $108.98B $104.98B $25.42B CM
Cheaper on earningsLower P/E, profitable companies only 15.6x 23.8x 28.3x CM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.5x 26.2x 29.4x CM
Faster revenue growthRevenue growth, trailing twelve months +15.7% +9.0% +14.0% CM
More profitableNet margin, trailing twelve months 29.9% 63.3% 40.7% CME
Better return on capitalReturn on invested capital 26.3% 11.7% — CM
Less leveragedLower net debt / EBITDA 1.0x 0.2x — CME
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.00% CM
Better 1-year returnPrice return, last 12 months +40.4% +14.3% +11.3% CM
Better 5-year returnAnnualised price return, 5 years +13.8%/yr +7.3%/yr +7.2%/yr CM
Less volatileAnnualised volatility, 1 year 21.8% 25.0% 30.9% CM
Higher overall scoreMean of the five percentile scores vs peers 52/100 62/100 74/100 TW

Percentile Scorecard

CMCMETW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCMCMETW
Valuation 26 #267 of 362 42 #57 of 97 48 #51 of 97
Growth 75 #57 of 221 27 #50 of 68 67 #23 of 68
Profitability 89 #22 of 200 92 #6 of 67 96 #4 of 67
Financial Health 11 #180 of 203 55 #44 of 97 98 #3 of 97
Shareholder Returns 59 #142 of 342 92 #4 of 40 62 #16 of 40
Overall 52 62 74
  • CM ranked among 370 companies in Banking
  • CME ranked among 112 companies in Capital Markets
  • TW ranked among 112 companies in Capital Markets

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCMCMETWSPY
1 month +1.7%+16.5%+22.0% -0.8%
3 months -2.3%+20.6%+21.0% +3.5%
6 months +4.7%+9.3%+10.8% +7.0%
Year to date +27.5%+12.8%+14.8% +12.2%
1 year +40.4%+14.3%+11.3% +13.0%
3 years +232.7%+47.4%+40.7% +86.3%
3 years, per year +49.3%+13.8%+12.1% +23.1%
5 years +90.4%+41.9%+41.8% +68.6%
5 years, per year +13.8%+7.3%+7.2% +11.0%
10 years +207.1%+199.6%— +258.0%
10 years, per year +11.9%+11.6%— +13.6%

Risk

MeasureCMCMETWSPY
Volatility, 1Y 21.8%25.0%30.9% 12.7%
Downside volatility, 1Y 23.0%26.8%31.0% 12.7%
Beta vs S&P 500, 1Y 0.83-0.36-0.23 1.00
Return / volatility, 1Y 1.860.570.36 1.02
Max drawdown, 5Y -47.4%-33.1%-48.8% -25.4%
From 52-week high -6.6%-5.6%-2.5% -1.8%
52-week high $123.74$326.46$126.57 $779.14
52-week low $82.39$218.58$91.50 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCMCMETW
P/E now vs peer median 15.5xmedian 12.1x 25.0xmedian 29.4x 29.2xmedian 29.4x
P/S now vs peer median 4.6xmedian 3.4x 15.8xmedian 2.9x 13.1xmedian 2.9x
EV/EBITDA now vs peer median 4.3xmedian 5.0x 22.9xmedian 13.7x 22.2xmedian 13.7x
P/FCF now vs peer median 10.4xmedian 11.0x 25.4xmedian 16.0x 25.2xmedian 16.0x
P/B now vs peer median 2.2xmedian 1.2x 4.1xmedian 2.3x 3.9xmedian 2.3x
PEG now vs peer median 0.59median 1.36 1.82median 0.52 0.75median 0.52

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCMCMETW
Revenue $23.35B $6.97B $2.21B
Operating income – $4.58B $963.90M
Net income $7.33B $4.42B $1.02B
Free cash flow $10.29B $4.33B $1.14B
EPS (diluted) $7.41 $12.31 $4.22
Cash & equivalents $10.94B $2.20B $2.06B
Total debt $45.66B $13.69B –
Shares (diluted) 940.68M 358.64M 212.80M
Enterprise value $68.06B $93.32B $17.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCMCMETW
P/E 15.5x 25.0x 29.2x
P/FCF 10.4x 25.4x 25.2x
P/Operating cash flow 10.4x 24.9x 24.2x
P/S 4.6x 15.8x 13.1x
P/B 2.2x 4.1x 3.9x
P/Tangible book 2.3x 4.6x 4.6x
EV/EBITDA 4.3x 22.9x 22.2x
EV/EBIT 4.5x 24.3x 27.9x
EV/Revenue 6.1x 15.9x 12.2x
EV/FCF 13.7x 25.7x 23.4x
EV/Operating cash flow 13.7x 25.1x 22.4x
PEG (3Y EPS CAGR) 0.59 1.82 0.75

Growth

14 metrics
MetricCMCMETW
Revenue growth (1Y) 15.7% 9.0% 14.0%
Revenue CAGR (3Y) 11.1% 9.2% 21.8%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 10.1% 28.2%
Operating income CAGR (3Y) – 12.2% 30.5%
Net income growth (1Y) 25.5% 17.3% 60.5%
Net income CAGR (3Y) 27.5% 13.1% 38.3%
EPS growth (1Y) 24.8% 19.4% 62.4%
EPS CAGR (3Y) 26.4% 13.7% 39.0%
Operating cash flow growth (1Y) -16.2% 6.4% 14.6%
Operating cash flow CAGR (3Y) 15.7% 9.3% 19.9%
Free cash flow growth (1Y) -16.2% 6.1% 13.7%
Free cash flow CAGR (3Y) 15.7% 9.4% 19.3%

Profitability

14 metrics
MetricCMCMETW
Gross margin – – –
EBITDA margin 142.0% 69.8% 54.9%
Operating margin – 65.7% 43.7%
Pretax margin 39.0% 82.8% 58.9%
Net margin 29.9% 63.3% 40.7%
FCF margin 44.1% 62.1% 51.9%
Operating cash flow margin 44.1% 63.5% 54.2%
Return on equity 15.3% 16.6% 13.9%
Return on assets 0.9% 2.3% 12.3%
Return on invested capital 26.3% 11.7% –
Return on capital employed – 12.3% –
Asset turnover 0.0x 0.0x 0.3x
Cash conversion (OCF / net income) 1.4x 1.0x 1.2x
Stock comp / revenue 0.1% 1.4% 5.0%

Financial Health

11 metrics
MetricCMCMETW
Debt / assets 5.4% 1.8% –
Debt / equity 1.0x 0.1x –
Net debt / EBITDA 1.0x 0.2x –
Debt / FCF 4.4x 0.8x –
Liabilities / assets 94.3% 86.2% 11.1%
Equity / assets 5.7% 13.8% 88.9%
Interest coverage 1.4x 26.2x 469.3x
Current ratio – 1.0x –
Quick ratio – 0.0x –
Cash ratio – 0.0x –
Altman Z-score – 0.58 –

Shareholder Returns

7 metrics
MetricCMCMETW
Dividend yield 3.7% 3.2% 0.4%
Net buyback yield -0.7% – 1.2%
Shareholder yield 3.0% 3.2% 1.6%
Payout ratio (earnings) 42.4% – 10.9%
Payout ratio (FCF) 30.2% – 9.7%
Dividend growth (1Y) 12.8% – 18.0%
Dividend CAGR (3Y) 19.6% – 15.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCMCMETW
Forward P/E 16.5xFY2026 26.2xFY2026 29.4xFY2026
EPS, next fiscal year $7.02FY2026 $11.74FY2026 $4.20FY2026
EPS growth, next FY +14.3%FY2026 +4.8%FY2026 +21.0%FY2026
EPS growth, the year after +12.4% +19.0% +17.1%
Revenue, next fiscal year $25.13BFY2026 $7.27BFY2026 $2.30BFY2026
Revenue growth, next FY +20.9%FY2026 +11.6%FY2026 +12.1%FY2026
Revenue growth, the year after -5.9% +7.0% +21.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMCMETW
Held by institutions 45.6% 88.9% 49.9%
Institutions holding 566 1,691 561
Change in shares held, QoQ 0.0% +0.4% +0.3%
Institutions buying 291 822 300
Institutions selling 172 655 211
Buyers to sellers 1.69 1.25 1.42

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CMCMETW
CM 1.00 0.01 -0.06
CME 0.01 1.00 0.51
TW -0.06 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CM, CME and TW?

Canadian Imperial Bank Of Commerce (CM) is the largest by market capitalisation: Canadian Imperial Bank Of Commerce (CM) $108.98B, Cme (CME) $104.98B, Tradeweb Markets (TW) $25.42B.

Which stock is cheaper, CM, CME and TW?

Canadian Imperial Bank Of Commerce (CM) trades on the lowest price-to-earnings ratio (Canadian Imperial Bank Of Commerce (CM) 15.6x, Cme (CME) 23.8x, Tradeweb Markets (TW) 28.3x). On next year's consensus earnings, Canadian Imperial Bank Of Commerce (CM) is cheapest (Canadian Imperial Bank Of Commerce (CM) 16.5x, Cme (CME) 26.2x, Tradeweb Markets (TW) 29.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Canadian Imperial Bank Of Commerce (CM) grew revenue fastest over the trailing twelve months: Canadian Imperial Bank Of Commerce (CM) +15.7%, Cme (CME) +9.0%, Tradeweb Markets (TW) +14.0%.

Which company is more profitable?

Cme (CME) has the highest net margin (Canadian Imperial Bank Of Commerce (CM) 29.9%, Cme (CME) 63.3%, Tradeweb Markets (TW) 40.7%). On return on invested capital, Canadian Imperial Bank Of Commerce (CM) leads (Canadian Imperial Bank Of Commerce (CM) 26.3%, Cme (CME) 11.7%).

Which stock has performed better?

Over the past year Canadian Imperial Bank Of Commerce (CM) returned the most: Canadian Imperial Bank Of Commerce (CM) +40.4%, Cme (CME) +14.3%, Tradeweb Markets (TW) +11.3%. Over five years, Canadian Imperial Bank Of Commerce (CM) compounded fastest (Canadian Imperial Bank Of Commerce (CM) +13.8%/yr, Cme (CME) +7.3%/yr, Tradeweb Markets (TW) +7.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Canadian Imperial Bank Of Commerce (CM) has the highest dividend yield: Canadian Imperial Bank Of Commerce (CM) 0.03%, Cme (CME) 0.00%, Tradeweb Markets (TW) 0.00%. Cme (CME) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Canadian Imperial Bank Of Commerce (CM) has been the steadiest (Canadian Imperial Bank Of Commerce (CM) 21.8%, Cme (CME) 25.0%, Tradeweb Markets (TW) 30.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CM, CME and TW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Canadian Imperial Bank Of Commerce (CM) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.