Cboe Global Markets (CBOE) EBITDA (2010 - 2026)
Cboe Global Markets' EBITDA came in at $562 million for Q3 2026, up 39.9% from $401.8 million a year earlier and up 11.5% from the prior quarter.
Cboe Global Markets (CBOE) EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Cboe Global Markets reported EBITDA of $2.04 billion, up 36.9% year-over-year; for FY2025, it came in at $1.59 billion, up 28.8% from FY2024.
- EBITDA has increased in each of the last three years, with a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- Going back by year, EBITDA was $1.23 billion in FY2024 (+1.2%), $1.22 billion in FY2023 (+85.0%), $658.8 million in FY2022 (-32.5%) and $975.5 million in FY2021 (+18.6%).
- The Q3 2026 figure represents the highest quarterly EBITDA in data going back to Q2 2010.
- Year-over-year, EBITDA has increased for seven consecutive quarters, with growth averaging 29.6% over the last eight quarters.
- The fastest year-over-year change in EBITDA over five years came in Q2 2025 (growth of 52.4%), and the weakest in Q2 2024 (a decline of 15.0%).
- Business Quant data shows CBOE's EBITDA at $504.1 million (Q2 2026), $535.1 million (Q1 2026) and $435.1 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 108.95 Bn | 97.29 Bn | - | 1.22 Bn |
| 2 | Bank of New York Mellon | 102.82 Bn | 36.44 Bn | - | 6.85 Bn |
| 3 | Intercontinental Exchange | 98.21 Bn | 91.10 Bn | - | 1.81 Bn |
| 4 | Robinhood Markets | 74.92 Bn | 54.46 Bn | - | 860.00 Mn |
| 5 | Nasdaq | 60.69 Bn | 58.13 Bn | 1.48 Bn | 897.00 Mn |
| 6 | State Street | 46.98 Bn | 46.98 Bn | - | 3.67 Bn |
| 7 | Cboe Global Markets | 36.89 Bn | 27.37 Bn | 712.20 Mn | 562.00 Mn |
| 8 | Interactive Brokers | 35.15 Bn | 11.46 Bn | - | 2.79 Bn |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 2.40 Bn |
| 10 | Tradeweb Markets | 27.24 Bn | 19.05 Bn | - | 315.75 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 562.00 Mn |
| Jun 30, 2026 | 504.10 Mn |
| Mar 31, 2026 | 535.10 Mn |
| Dec 31, 2025 | 435.10 Mn |
| Sep 30, 2025 | 401.80 Mn |
| Jun 30, 2025 | 369.60 Mn |
| Mar 31, 2025 | 384.80 Mn |
| Dec 31, 2024 | 331.10 Mn |
| Sep 30, 2024 | 339.80 Mn |
| Jun 30, 2024 | 242.50 Mn |
| Mar 31, 2024 | 320.30 Mn |
| Dec 31, 2023 | 332.70 Mn |
| Sep 30, 2023 | 310.60 Mn |
| Jun 30, 2023 | 285.20 Mn |
| Mar 31, 2023 | 290.00 Mn |
| Dec 31, 2022 | 295.90 Mn |
| Sep 30, 2022 | 278.40 Mn |
| Jun 30, 2022 | -196.60 Mn |
| Mar 31, 2022 | 281.10 Mn |
| Dec 31, 2021 | 263.00 Mn |
Cboe Global Markets EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=CBOE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "CBOE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();