CME vs MCO vs TW Stock Comparison

Cme, Moodys 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
8 wins
MCO Moodys Corp /De/
$484.68 +3.4% 1M -1.3% 1Y
Market cap
$81.78B
P/E
28.4x
Revenue (TTM)
$8.18B
Div. yield
0.01%
Financial Data and Analytics 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
2 wins

Head to Head

12 decided of 12

Cme leads on 8 of the 12 questions below (Cme 8, Tradeweb Markets 2, Moodys 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMEMCOTWLeader
Larger companyMarket capitalisation $104.98B $81.78B $25.42B CME
Cheaper on earningsLower P/E, profitable companies only 23.8x 28.4x 28.3x CME
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.2x 27.0x 29.4x CME
Faster revenue growthRevenue growth, trailing twelve months +9.0% +9.0% +14.0% TW
More profitableNet margin, trailing twelve months 63.3% 35.3% 40.7% CME
Better return on capitalReturn on invested capital 11.7% 27.9% — MCO
Less leveragedLower net debt / EBITDA 0.2x 1.3x — CME
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% MCO
Better 1-year returnPrice return, last 12 months +14.3% -1.3% +11.3% CME
Better 5-year returnAnnualised price return, 5 years +7.3%/yr +4.3%/yr +7.2%/yr CME
Less volatileAnnualised volatility, 1 year 25.0% 28.4% 30.9% CME
Higher overall scoreMean of the five percentile scores vs peers 62/100 60/100 74/100 TW

Percentile Scorecard

CMEMCOTW

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

AxisCMEMCOTW
Valuation 42 #57 of 97 19 #768 of 947 48 #51 of 97
Growth 27 #50 of 68 73 #189 of 691 67 #23 of 68
Profitability 92 #6 of 67 96 #27 of 673 96 #4 of 67
Financial Health 55 #44 of 97 53 #352 of 754 98 #3 of 97
Shareholder Returns 92 #4 of 40 60 #288 of 713 62 #16 of 40
Overall 62 60 74
  • CME ranked among 112 companies in Capital Markets
  • MCO ranked among 1,011 companies in Financial Services
  • 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

PeriodCMEMCOTWSPY
1 month +16.5%+3.4%+22.0% -0.8%
3 months +20.6%-0.3%+21.0% +3.5%
6 months +9.3%+5.2%+10.8% +7.0%
Year to date +12.8%-5.1%+14.8% +12.2%
1 year +14.3%-1.3%+11.3% +13.0%
3 years +47.4%+60.5%+40.7% +86.3%
3 years, per year +13.8%+17.1%+12.1% +23.1%
5 years +41.9%+23.4%+41.8% +68.6%
5 years, per year +7.3%+4.3%+7.2% +11.0%
10 years +199.6%+374.6%— +258.0%
10 years, per year +11.6%+16.9%— +13.6%

Risk

MeasureCMEMCOTWSPY
Volatility, 1Y 25.0%28.4%30.9% 12.7%
Downside volatility, 1Y 26.8%30.2%31.0% 12.7%
Beta vs S&P 500, 1Y -0.360.49-0.23 1.00
Return / volatility, 1Y 0.57-0.040.36 1.02
Max drawdown, 5Y -33.1%-42.2%-48.8% -25.4%
From 52-week high -5.6%-10.2%-2.5% -1.8%
52-week high $326.46$539.61$126.57 $779.14
52-week low $218.58$412.23$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.

MultipleCMEMCOTW
P/E now vs peer median 25.0xmedian 29.4x 29.1xmedian 13.1x 29.2xmedian 29.4x
P/S now vs peer median 15.8xmedian 2.9x 10.2xmedian 3.2x 13.1xmedian 2.9x
EV/EBITDA now vs peer median 22.9xmedian 13.7x 21.5xmedian 6.9x 22.2xmedian 13.7x
P/FCF now vs peer median 25.4xmedian 16.0x 28.1xmedian 10.9x 25.2xmedian 16.0x
P/B now vs peer median 4.1xmedian 2.3x 24.5xmedian 1.2x 3.9xmedian 2.3x
PEG now vs peer median 1.82median 0.52 1.10median 0.88 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 monthsCMEMCOTW
Revenue $6.97B $8.18B $2.21B
Gross profit – $6.10B –
Operating income $4.58B $3.64B $963.90M
Net income $4.42B $2.89B $1.02B
Free cash flow $4.33B $2.98B $1.14B
EPS (diluted) $12.31 $16.64 $4.22
Cash & equivalents $2.20B $1.51B $2.06B
Total debt $13.69B $6.91B –
Shares (diluted) 358.64M 173.30M 212.80M
Enterprise value $93.32B $74.70B $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
MetricCMEMCOTW
P/E 25.0x 29.1x 29.2x
P/FCF 25.4x 28.1x 25.2x
P/Operating cash flow 24.9x 25.1x 24.2x
P/S 15.8x 10.2x 13.1x
P/B 4.1x 24.5x 3.9x
P/Tangible book 4.6x 48.6x 4.6x
EV/EBITDA 22.9x 21.5x 22.2x
EV/EBIT 24.3x 24.4x 27.9x
EV/Revenue 15.9x 10.9x 12.2x
EV/FCF 25.7x 29.8x 23.4x
EV/Operating cash flow 25.1x 26.7x 22.4x
PEG (3Y EPS CAGR) 1.82 1.10 0.75

Growth

14 metrics
MetricCMEMCOTW
Revenue growth (1Y) 9.0% 9.0% 14.0%
Revenue CAGR (3Y) 9.2% 12.6% 21.8%
Gross profit growth (1Y) – 10.3% –
Gross profit CAGR (3Y) – 14.6% –
Operating income growth (1Y) 10.1% 16.0% 28.2%
Operating income CAGR (3Y) 12.2% 23.3% 30.5%
Net income growth (1Y) 17.3% 28.5% 60.5%
Net income CAGR (3Y) 13.1% 24.0% 38.3%
EPS growth (1Y) 19.4% 33.1% 62.4%
EPS CAGR (3Y) 13.7% 26.5% 39.0%
Operating cash flow growth (1Y) 6.4% 22.5% 14.6%
Operating cash flow CAGR (3Y) 9.3% 17.5% 19.9%
Free cash flow growth (1Y) 6.1% 24.1% 13.7%
Free cash flow CAGR (3Y) 9.4% 18.8% 19.3%

Profitability

14 metrics
MetricCMEMCOTW
Gross margin – 74.6% –
EBITDA margin 69.8% 50.6% 54.9%
Operating margin 65.7% 44.6% 43.7%
Pretax margin 82.8% 45.2% 58.9%
Net margin 63.3% 35.3% 40.7%
FCF margin 62.1% 36.4% 51.9%
Operating cash flow margin 63.5% 40.7% 54.2%
Return on equity 16.6% 87.8% 13.9%
Return on assets 2.3% 19.6% 12.3%
Return on invested capital 11.7% 27.9% –
Return on capital employed 12.3% 31.8% –
Asset turnover 0.0x 0.6x 0.3x
Cash conversion (OCF / net income) 1.0x 1.2x 1.2x
Stock comp / revenue 1.4% 2.8% 5.0%

Financial Health

11 metrics
MetricCMEMCOTW
Debt / assets 1.8% 46.6% –
Debt / equity 0.1x 2.0x –
Net debt / EBITDA 0.2x 1.3x –
Debt / FCF 0.8x 2.3x –
Liabilities / assets 86.2% 77.0% 11.1%
Equity / assets 13.8% 23.0% 88.9%
Interest coverage 26.2x – 469.3x
Current ratio 1.0x 1.3x –
Quick ratio 0.0x 1.3x –
Cash ratio 0.0x 0.5x –
Altman Z-score 0.58 7.68 –

Shareholder Returns

7 metrics
MetricCMEMCOTW
Dividend yield 3.2% 0.8% 0.4%
Net buyback yield – 3.5% 1.2%
Shareholder yield 3.2% 4.4% 1.6%
Payout ratio (earnings) – 24.6% 10.9%
Payout ratio (FCF) – 23.8% 9.7%
Dividend growth (1Y) – 3.0% 18.0%
Dividend CAGR (3Y) – 8.8% 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.

ConsensusCMEMCOTW
Forward P/E 26.2xFY2026 27.0xFY2026 29.4xFY2026
EPS, next fiscal year $11.74FY2026 $17.93FY2026 $4.20FY2026
EPS growth, next FY +4.8%FY2026 +20.0%FY2026 +21.0%FY2026
EPS growth, the year after +19.0% -1.5% +17.1%
Revenue, next fiscal year $7.27BFY2026 $8.69BFY2026 $2.30BFY2026
Revenue growth, next FY +11.6%FY2026 +12.6%FY2026 +12.1%FY2026
Revenue growth, the year after +7.0% -2.0% +21.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMEMCOTW
Held by institutions 88.9% 90.8% 49.9%
Institutions holding 1,691 1,404 561
Change in shares held, QoQ +0.4% -1.6% +0.3%
Institutions buying 822 644 300
Institutions selling 655 522 211
Buyers to sellers 1.25 1.23 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.

CMEMCOTW
CME 1.00 0.15 0.51
MCO 0.15 1.00 0.26
TW 0.51 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CME, MCO and TW?

Cme (CME) is the largest by market capitalisation: Cme (CME) $104.98B, Moodys (MCO) $81.78B, Tradeweb Markets (TW) $25.42B.

Which stock is cheaper, CME, MCO and TW?

Cme (CME) trades on the lowest price-to-earnings ratio (Cme (CME) 23.8x, Moodys (MCO) 28.4x, Tradeweb Markets (TW) 28.3x). On next year's consensus earnings, Cme (CME) is cheapest (Cme (CME) 26.2x, Moodys (MCO) 27.0x, 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?

Tradeweb Markets (TW) grew revenue fastest over the trailing twelve months: Cme (CME) +9.0%, Moodys (MCO) +9.0%, Tradeweb Markets (TW) +14.0%.

Which company is more profitable?

Cme (CME) has the highest net margin (Cme (CME) 63.3%, Moodys (MCO) 35.3%, Tradeweb Markets (TW) 40.7%). On return on invested capital, Moodys (MCO) leads (Cme (CME) 11.7%, Moodys (MCO) 27.9%).

Which stock has performed better?

Over the past year Cme (CME) returned the most: Cme (CME) +14.3%, Moodys (MCO) -1.3%, Tradeweb Markets (TW) +11.3%. Over five years, Cme (CME) compounded fastest (Cme (CME) +7.3%/yr, Moodys (MCO) +4.3%/yr, Tradeweb Markets (TW) +7.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Moodys (MCO) has the highest dividend yield: Cme (CME) 0.00%, Moodys (MCO) 0.01%, Tradeweb Markets (TW) 0.00%. Cme (CME) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cme (CME) has been the steadiest (Cme (CME) 25.0%, Moodys (MCO) 28.4%, Tradeweb Markets (TW) 30.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CME, MCO 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, Cme (CME) leads on 8. 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.