Cboe Global Markets (CBOE) Interest Coverage Ratio (2010 - 2026)
Cboe Global Markets' (CBOE) Interest Coverage Ratio stood at 40.79 in Q3 2026, up 46.5% from 27.84 a year earlier and up 13.1% from the prior quarter.
Cboe Global Markets (CBOE) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Cboe Global Markets' Interest Coverage Ratio came in at 36.29 as of Sep 30, 2026, up 38.3% year-over-year; for FY2025, it was 28.05, up 31.5% from FY2024.
- Annual Interest Coverage Ratio has increased for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 21.33 in FY2024 (+25.8%), 16.95 in FY2023 (+107.8%), 8.16 in FY2022 (-51.4%) and 16.79 in FY2021 (-1.9%).
- The Q3 2026 figure is the highest quarterly Interest Coverage Ratio since Q3 2016.
- On a year-over-year basis, Interest Coverage Ratio has increased for 13 consecutive quarters, with growth averaging 32.5% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 95.0% in Q4 2021, against a decline of 29.2% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 36.06 (Q2 2026), 38.02 (Q1 2026) and 30.36 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 108.95 Bn | 97.29 Bn | - | 26.24 |
| 2 | Bank of New York Mellon | 102.82 Bn | 36.44 Bn | - | 1.51 |
| 3 | Intercontinental Exchange | 98.21 Bn | 91.10 Bn | - | 6.35 |
| 4 | Robinhood Markets | 74.92 Bn | 54.46 Bn | - | 3.99 |
| 5 | Nasdaq | 60.69 Bn | 58.13 Bn | 1.48 Bn | 8.51 |
| 6 | State Street | 46.98 Bn | 46.98 Bn | - | 1.68 |
| 7 | Cboe Global Markets | 36.89 Bn | 27.37 Bn | 712.20 Mn | 40.79 |
| 8 | Interactive Brokers | 35.15 Bn | 11.46 Bn | - | 2.17 |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 1.57 |
| 10 | Tradeweb Markets | 27.24 Bn | 19.05 Bn | - | 485.50 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.79 |
| Jun 30, 2026 | 36.06 |
| Mar 31, 2026 | 38.02 |
| Dec 31, 2025 | 30.36 |
| Sep 30, 2025 | 27.84 |
| Jun 30, 2025 | 26.29 |
| Mar 31, 2025 | 27.65 |
| Dec 31, 2024 | 23.14 |
| Sep 30, 2024 | 24.02 |
| Jun 30, 2024 | 16.41 |
| Mar 31, 2024 | 21.72 |
| Dec 31, 2023 | 22.27 |
| Sep 30, 2023 | 17.61 |
| Jun 30, 2023 | 14.66 |
| Mar 31, 2023 | 14.50 |
| Dec 31, 2022 | 14.65 |
| Sep 30, 2022 | 14.71 |
| Jun 30, 2022 | -15.72 |
| Mar 31, 2022 | 20.49 |
| Dec 31, 2021 | 19.18 |
Cboe Global Markets Interest Coverage Ratio 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=interest-coverage-ratio&ticker=CBOE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();