Cboe Global Markets (CBOE) Return on Invested Capital [ROIC] (2017 - 2026)
Cboe Global Markets' Return on Invested Capital [ROIC] came in at 18.08% for Q2 2026, up 2.77 percentage points from 15.31% a year earlier and up 0.85 percentage points from the prior quarter.
Cboe Global Markets (CBOE) Return on Invested Capital [ROIC] (2017 - 2026) Analysis & Trends
For FY2025, Cboe Global Markets' Return on Invested Capital [ROIC] was 16.75%, up 2.84 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +6.05 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 13.91% in FY2024 (-0.55 pp), 14.46% in FY2023 (+9.21 pp), 5.26% in FY2022 (-6.67 pp) and 11.92% in FY2021 (+1.23 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2017.
- Year-over-year, Return on Invested Capital [ROIC] has increased for five consecutive quarters, with an average year-over-year change of +1.24 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2023 (a gain of 9.21 percentage points), and the weakest in Q4 2022 (a drop of 6.50 percentage points).
- Business Quant data shows CBOE's Return on Invested Capital [ROIC] at 17.23% (Q1 2026), 15.96% (Q4 2025) and 15.44% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 44.74% |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 11.27% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 8.46% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 9.98% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 41.23% |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 31.71% |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 18.08% |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.08% |
| Mar 31, 2026 | 17.23% |
| Dec 31, 2025 | 15.96% |
| Sep 30, 2025 | 15.44% |
| Jun 30, 2025 | 15.31% |
| Mar 31, 2025 | 14.22% |
| Dec 31, 2024 | 13.64% |
| Sep 30, 2024 | 14.08% |
| Jun 30, 2024 | 14.16% |
| Mar 31, 2024 | 14.66% |
| Dec 31, 2023 | 14.34% |
| Sep 30, 2023 | 13.67% |
| Jun 30, 2023 | 12.67% |
| Mar 31, 2023 | 6.22% |
| Dec 31, 2022 | 5.13% |
| Sep 30, 2022 | 5.25% |
| Jun 30, 2022 | 4.78% |
| Mar 31, 2022 | 10.63% |
| Dec 31, 2021 | 11.63% |
| Sep 30, 2021 | 10.17% |
Cboe Global Markets Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CBOE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();