Cboe Global Markets (CBOE) Free Cash Flow (2010 - 2026)
Cboe Global Markets (CBOE) posted Free Cash Flow of $793 million for Q3 2026, up 475.1% from $137.9 million a year earlier.
Cboe Global Markets (CBOE) Free Cash Flow (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Free Cash Flow at Cboe Global Markets was $2.53 billion, up 311.1% year-over-year; for FY2025, it was $1.68 billion, up 61.7% from FY2024.
- Annual Free Cash Flow has increased for four consecutive years, with a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- In prior years, Cboe Global Markets' Free Cash Flow was $1.04 billion in FY2024 (+0.9%), $1.03 billion in FY2023 (+74.3%), $591.3 million in FY2022 (+8.3%) and $545.8 million in FY2021 (-61.3%).
- Quarterly Free Cash Flow has run from a low of -$734.2 million in Q4 2024 to a high of $1.94 billion in Q1 2026 over five years.
- On a year-over-year basis, Free Cash Flow increased in three of the last four quarters, with growth averaging 128.4%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q3 2026, with growth of 475.1%; the weakest was Q2 2025, with a decline of 78.8%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was -$536.3 million (Q2 2026), $1.94 billion (Q1 2026) and $332.1 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 108.95 Bn | 97.29 Bn | - | 1.07 Bn |
| 2 | Bank of New York Mellon | 102.82 Bn | 36.44 Bn | - | 4.05 Bn |
| 3 | Intercontinental Exchange | 98.21 Bn | 91.10 Bn | - | 1.05 Bn |
| 4 | Robinhood Markets | 74.92 Bn | 54.46 Bn | - | 1.22 Bn |
| 5 | Nasdaq | 60.69 Bn | 58.13 Bn | 1.48 Bn | 459.00 Mn |
| 6 | State Street | 46.98 Bn | 46.98 Bn | - | 1.91 Bn |
| 7 | Cboe Global Markets | 36.89 Bn | 27.37 Bn | 712.20 Mn | 793.00 Mn |
| 8 | Interactive Brokers | 35.15 Bn | 11.46 Bn | - | 814.00 Mn |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 1.80 Bn |
| 10 | Tradeweb Markets | 27.24 Bn | 19.05 Bn | - | 338.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 793.00 Mn |
| Jun 30, 2026 | -536.30 Mn |
| Mar 31, 2026 | 1.94 Bn |
| Dec 31, 2025 | 332.10 Mn |
| Sep 30, 2025 | 137.90 Mn |
| Jun 30, 2025 | 313.40 Mn |
| Mar 31, 2025 | 898.20 Mn |
| Dec 31, 2024 | -734.20 Mn |
| Sep 30, 2024 | -590.50 Mn |
| Jun 30, 2024 | 1.48 Bn |
| Mar 31, 2024 | 888.30 Mn |
| Dec 31, 2023 | -206.10 Mn |
| Sep 30, 2023 | 729.20 Mn |
| Jun 30, 2023 | -510.90 Mn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | -171.00 Mn |
| Sep 30, 2022 | 159.10 Mn |
| Jun 30, 2022 | -645.80 Mn |
| Mar 31, 2022 | 1.25 Bn |
| Dec 31, 2021 | -702.30 Mn |
Cboe Global Markets Free Cash Flow 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=free-cash-flow&ticker=CBOE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();