CME (CME Group Inc.) Stock Financials & Earnings | Market Cap Arena

CME (CME Group Inc.) Stock Financials & Earnings | Market Cap Arena

CMECME Group Inc.

Mkt Cap$110B

Financial Services·Financial - Data & Stock Exchanges·🇺🇸 United States·NASDAQ

Revenue (TTM)$6.5B

Net Income (TTM)$4.0B

EPS (TTM)$11.16

Free Cash Flow (TTM)$6.3B

Gross Margin86.1%

Op. Margin64.9%

Net Margin62.0%

FCF Margin95.9%

P/S Ratio (TTM)16.9x

P/E Ratio (TTM)27.2x

YoY Rev Growth+6.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$1.4B	$1.2B	$914M
Q2 23	$1.4B	$1.2B	$839M
Q3 23	$1.3B	$1.1B	$820M
Q4 23	$1.4B	$1.2B	$863M
Q1 24	$1.5B	$1.3B	$960M
Q2 24	$1.5B	$1.3B	$1.0B
Q3 24	$1.6B	$1.4B	$1.0B
Q4 24	$1.5B	$1.3B	$947M
Q1 25	$1.6B	$1.4B	$1.1B
Q2 25	$1.7B	$1.5B	$1.1B
Q3 25	$1.5B	$1.3B	$973M
Q4 25	$1.6B	$1.4B	$1.0B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	21.5x	38.5x
Q2 23	21.0x	37.0x
Q3 23	20.6x	36.1x
Q4 23	19.7x	34.1x
Q1 24	19.6x	34.4x
Q2 24	19.0x	33.3x
Q3 24	18.2x	31.8x
Q4 24	18.0x	31.2x
Q1 25	17.5x	30.4x
Q2 25	17.1x	29.3x
Q3 25	17.2x	29.4x
Q4 25	16.9x	27.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$902M	$887M
Q2 23	$650M	$630M
Q3 23	$857M	$837M
Q4 23	$1.0B	$1.0B
Q1 24	$893M	$873M
Q2 24	$777M	$759M
Q3 24	$1.0B	$973M
Q4 24	$1.0B	$992M
Q1 25	$1.1B	$1.1B
Q2 25	$1.1B	$1.0B
Q3 25	$968M	$950M
Q4 25	$3.2B	$3.2B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$15M
Q2 23	$21M
Q3 23	$20M
Q4 23	$21M
Q1 24	$20M
Q2 24	$18M
Q3 24	$30M
Q4 24	$26M
Q1 25	$14M
Q2 25	$18M
Q3 25	$18M
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+7.1%	+8.3%
Q2 23	+9.9%	+7.0%
Q3 23	+9.0%	+5.8%
Q4 23	+19.2%	+6.8%
Q1 24	+3.2%	+0.1%
Q2 24	+12.7%	+2.0%
Q3 24	+18.4%	+8.2%
Q4 24	+6.0%	+0.4%
Q1 25	+10.4%	+1.1%
Q2 25	+10.4%	+5.8%
Q3 25	-3.0%	+0.9%
Q4 25	+8.1%	+8.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$20M	1.4%
Q2 23	$20M	1.4%
Q3 23	$19M	1.4%
Q4 23	$24M	1.7%
Q1 24	$23M	1.6%
Q2 24	$19M	1.2%
Q3 24	$20M	1.3%
Q4 24	$27M	1.8%
Q1 25	$21M	1.3%
Q2 25	$21M	1.2%
Q3 25	$24M	1.6%
Q4 25	$74M	4.5%

OpEx Breakdown

Quarter	G&A
Q1 23	$38M
Q2 23	$38M
Q3 23	$32M
Q4 23	$36M
Q1 24	$33M
Q2 24	$35M
Q3 24	$31M
Q4 24	$34M
Q1 25	$29M
Q2 25	$37M
Q3 25	$37M
Q4 25	$48M

Revenue Segments

Quarter	Market Data	Other Revenue	clearing and transaction fees
Q1 23	$166M	$76M	$1.2B
Q2 23	$163M	$79M	$1.1B
Q3 23	$168M	$85M	$1.1B
Q4 23	$167M	$88M	$1.2B
Q1 24	$175M	$104M	$1.2B
Q2 24	$175M	$108M	$1.2B
Q3 24	$178M	$109M	$1.3B
Q4 24	$182M	$111M	$1.2B
Q1 25	$195M	$111M	$1.3B
Q2 25	$198M	$106M	$1.4B
Q3 25	$203M	$107M	$1.2B
Q4 25	$208M	$113M	$1.3B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$1.6B	$105M	$1.7B
Q2 23	$1.9B	$107M	$2.0B
Q3 23	$2.3B	$104M	$2.4B
Q4 23	$2.9B	$112M	$3.0B
Q1 24	$1.4B	$121M	$1.6B
Q2 24	$1.8B	$122M	$1.9B
Q3 24	$2.3B	$112M	$2.4B
Q4 24	$2.9B	$113M	$3.0B
Q1 25	$1.4B	$114M	$1.5B
Q2 25	$2.0B	$118M	$2.1B
Q3 25	$2.4B	$123M	$2.6B
Q4 25	$4.4B	$125M	$4.5B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	359M	+0.0%
Q2 23	359M	+0.0%
Q3 23	360M	+0.1%
Q4 23	360M	+0.0%
Q1 24	360M	+0.0%
Q2 24	360M	+0.0%
Q3 24	360M	+0.0%
Q4 24	360M	+0.0%
Q1 25	360M	+0.0%
Q2 25	360M	+0.0%
Q3 25	360M	+0.0%
Q4 25	360M	-0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$1M	3K
FY 15	$1M	3K
FY 16	$1M	3K
FY 17	$1M	3K
FY 18	$939K	5K
FY 19	$1M	4K
FY 20	$1M	4K
FY 21	$1M	3K
FY 22	$1M	3K
FY 23	$2M	4K
FY 24	$2M	4K
FY 25	$2M	4K