Financials CME Group Inc.

Equities

CME

US12572Q1058

Financial & Commodity Market Operators

Market Closed - Nasdaq 16:00:00 2024-06-21 EDT 5-day change 1st Jan Change
194.5 USD -2.02% Intraday chart for CME Group Inc. -1.34% -7.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 71,931 65,354 82,108 60,492 75,815 70,026 - -
Enterprise Value (EV) 1 74,123 67,064 82,719 61,210 76,216 70,171 70,194 70,174
P/E ratio 34 x 31 x 31.3 x 22.7 x 23.8 x 21.1 x 20.4 x 19.3 x
Yield 2.74% 3.24% 3% 5.05% 4.58% 5.08% 5.18% 5.41%
Capitalization / Revenue 14.8 x 13.4 x 17.5 x 12.1 x 13.6 x 11.8 x 11.5 x 10.8 x
EV / Revenue 15.2 x 13.7 x 17.6 x 12.2 x 13.7 x 11.9 x 11.5 x 10.9 x
EV / EBITDA 23 x 20.8 x 26.4 x 18.1 x 20.1 x 17 x 16.5 x 15.4 x
EV / FCF 30.5 x 26.6 x 36.4 x 20.6 x 22.6 x 18.2 x 18.6 x 17.4 x
FCF Yield 3.27% 3.75% 2.75% 4.85% 4.43% 5.49% 5.37% 5.74%
Price to Book 2.75 x 2.48 x 2.99 x 2.25 x 2.83 x 2.6 x 2.46 x 2.34 x
Nbr of stocks (in thousands) 358,364 358,991 359,399 359,728 359,993 360,065 - -
Reference price 2 200.7 182.0 228.5 168.2 210.6 194.5 194.5 194.5
Announcement Date 20-02-12 21-02-10 22-02-09 23-02-08 24-02-14 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,868 4,884 4,690 5,019 5,579 5,919 6,114 6,465
EBITDA 1 3,217 3,225 3,128 3,378 3,786 4,121 4,261 4,555
EBIT 1 3,059 3,082 2,982 3,243 3,660 3,974 4,066 4,311
Operating Margin 62.83% 63.11% 63.58% 64.62% 65.61% 67.14% 66.5% 66.68%
Earnings before Tax (EBT) 1 2,690 2,722 3,374 3,490 4,154 4,661 4,879 5,173
Net income 1 2,116 2,105 2,636 2,657 3,186 3,341 3,455 3,656
Net margin 43.48% 43.11% 56.22% 52.94% 57.1% 56.45% 56.51% 56.55%
EPS 2 5.910 5.870 7.290 7.400 8.860 9.238 9.552 10.09
Free Cash Flow 1 2,427 2,518 2,275 2,966 3,377 3,850 3,772 4,031
FCF margin 49.86% 51.56% 48.51% 59.1% 60.54% 65.05% 61.69% 62.35%
FCF Conversion (EBITDA) 75.44% 78.07% 72.75% 87.8% 89.21% 93.42% 88.52% 88.49%
FCF Conversion (Net income) 114.68% 119.61% 86.3% 111.63% 106.02% 115.25% 109.16% 110.26%
Dividend per Share 2 5.500 5.900 6.850 8.500 9.650 9.878 10.08 10.52
Announcement Date 20-02-12 21-02-10 22-02-09 23-02-08 24-02-14 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,147 1,347 1,237 1,228 1,208 1,442 1,360 1,338 1,439 1,488 1,504 1,464 1,470 1,529 1,502
EBITDA 1 753.9 955.1 839.8 828.8 758.9 1,000 927.9 908.5 949.5 1,047 1,053 1,030 997.1 1,073 1,035
EBIT 1 718.3 921.6 806.8 795.5 721.3 968.3 895.6 877.4 918.8 1,017 1,018 967.8 942.2 1,046 1,017
Operating Margin 62.61% 68.44% 65.21% 64.79% 59.72% 67.17% 65.84% 65.59% 63.84% 68.33% 67.73% 66.11% 64.09% 68.4% 67.68%
Earnings before Tax (EBT) 1 799.3 916.3 866.7 880 827.3 1,157 1,016 974.3 1,006 1,113 1,156 1,134 1,097 - -
Net income 1 625.2 711 662.5 671.1 629.9 872.7 777.6 740.8 804.3 844.4 884.6 836.3 810.5 - -
Net margin 54.49% 52.8% 53.55% 54.66% 52.15% 60.54% 57.17% 55.37% 55.88% 56.75% 58.82% 57.13% 55.13% - -
EPS 2 1.710 1.950 1.820 1.870 1.750 2.430 2.140 2.060 2.240 2.350 2.443 2.309 2.233 2.480 2.330
Dividend per Share 2 4.150 1.000 1.000 1.000 5.500 1.100 1.100 1.100 6.350 1.150 1.133 1.133 6.373 1.223 1.235
Announcement Date 22-02-09 22-04-27 22-07-27 22-10-26 23-02-08 23-04-26 23-07-26 23-10-25 24-02-14 24-04-24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,192 1,710 610 718 402 146 169 148
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.6813 x 0.5301 x 0.1951 x 0.2126 x 0.1061 x 0.0354 x 0.0396 x 0.0325 x
Free Cash Flow 1 2,427 2,518 2,275 2,966 3,377 3,850 3,772 4,031
ROE (net income / shareholders' equity) 9.35% 9.19% 9.82% 10.6% 11.9% 13.1% 12.7% 13.2%
ROA (Net income/ Total Assets) 3.19% 2.41% 1.64% 1.54% 2.1% 2.6% 2.55% 2.5%
Assets 1 66,375 87,259 160,717 172,132 151,941 128,499 135,496 146,236
Book Value Per Share 2 72.90 73.50 76.40 74.90 74.40 74.90 79.00 83.20
Cash Flow per Share - 7.570 6.690 8.510 - - - -
Capex 1 246 198 127 89.7 76.4 83.7 93.2 98.7
Capex / Sales 5.05% 4.04% 2.71% 1.79% 1.37% 1.41% 1.52% 1.53%
Announcement Date 20-02-12 21-02-10 22-02-09 23-02-08 24-02-14 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
194.5 USD
Average target price
224.7 USD
Spread / Average Target
+15.52%
Consensus
  1. Stock Market
  2. Equities
  3. CME Stock
  4. Financials CME Group Inc.