Cboe Global Markets (CBOE) EV to EBITDA (2011 - 2026)
Cboe Global Markets' EV to EBITDA came in at 12.25 for Q2 2026, down 23.9% from 16.11 a year earlier and down 21.7% from the prior quarter.
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Analysis
Cboe Global Markets (CBOE) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cboe Global Markets reported EV to EBITDA of 9.08, down 35.3% year-over-year; for FY2025, it was 15.11, down 4.2% from FY2024.
- Going back by year, EV to EBITDA was 15.77 in FY2024 (+5.1%), 15.00 in FY2023 (-22.9%), 19.45 in FY2022 (+40.0%) and 13.90 in FY2021 (+18.2%).
- The Q2 2026 figure represents the lowest quarterly EV to EBITDA since Q2 2023.
- Year-over-year, EV to EBITDA has declined for four consecutive quarters, with growth averaging 2.0% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q1 2023 (growth of 80.8%), and the weakest in Q2 2023 (a decline of 38.6%).
- Business Quant data shows CBOE's EV to EBITDA at 15.66 (Q1 2026), 15.11 (Q4 2025) and 16.25 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn |
| 10 | Xp | 16.54 Bn | -5.29 Bn | 105.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.25 |
| Mar 31, 2026 | 15.65 |
| Dec 31, 2025 | 15.09 |
| Sep 30, 2025 | 16.22 |
| Jun 30, 2025 | 16.09 |
| Mar 31, 2025 | 17.37 |
| Dec 31, 2024 | 15.75 |
| Sep 30, 2024 | 16.74 |
| Jun 30, 2024 | 14.20 |
| Mar 31, 2024 | 15.02 |
| Dec 31, 2023 | 14.97 |
| Sep 30, 2023 | 13.58 |
| Jun 30, 2023 | 12.22 |
| Mar 31, 2023 | 20.45 |
| Dec 31, 2022 | 19.38 |
| Sep 30, 2022 | 19.28 |
| Jun 30, 2022 | 19.89 |
| Mar 31, 2022 | 11.34 |
| Dec 31, 2021 | 13.87 |
| Sep 30, 2021 | 14.39 |
API Access
Cboe Global Markets EV to 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=ev-to-ebitda&ticker=CBOE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebitda&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();