Cboe Global Markets (CBOE) EV to EBITDA (2011 - 2026)
Cboe Global Markets' EV to EBITDA came in at 12.77 for Q3 2026, down 21.3% from 16.22 a year earlier but up 4.3% 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 Sep 30, 2026, Cboe Global Markets reported EV to EBITDA of 9.42, down 31.6% year-over-year; for FY2025, it was 15.11, down 4.0% from FY2024.
- Going back by year, EV to EBITDA was 15.75 in FY2024 (+5.2%), 14.97 in FY2023 (-22.8%), 19.38 in FY2022 (+39.8%) and 13.87 in FY2021 (+18.2%).
- The five-year range for quarterly EV to EBITDA is 11.34 (Q1 2022) to 20.45 (Q1 2023).
- Year-over-year, EV to EBITDA has declined for five consecutive quarters, with an average decline of 3.5% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q1 2023 (growth of 80.4%), and the weakest in Q2 2023 (a decline of 38.6%).
- Business Quant data shows CBOE's EV to EBITDA at 12.25 (Q2 2026), 15.65 (Q1 2026) and 15.09 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - |
| 10 | Tradeweb Markets | 26.89 Bn | 18.69 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.77 |
| 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 |
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();