CBOECboe Global Markets
Is the business good?
The checks split: nothing decisive, though margins widening.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
Margin-driven, fat margins on slower asset turns. ROE 22% = margin × turnover × leverage.
All from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
Customers and suppliers
Who buys from CBOE and who it buys from, as the companies report it.
- Major customer10%
Share of revenue · FY2025 10-K
- Top ten customers57%
Combined share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; CBOE’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.
Financial Services
Ranks #19 of 67 by RyuScore