Loading…
CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, and foreign exchange; and agricultural, energy, and metals commodities, as well as fixed income and foreign currency trading services. The company provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. The company was founded in 1898 and is headquartered in Chicago, Illinois.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $6.5B | $5.8B | $4.1B | $4.2B | 14.2% | 6.4% | 15.5% |
| 2024 | $6.1B | $5.0B | $3.5B | $3.6B | 13.3% | 9.9% | 9.3% |
| 2023 | $5.6B | $4.7B | $3.2B | $3.4B | 12.1% | 11.1% | 19.9% |
| 2022 | $5.0B | $4.0B | $2.7B | $3.0B | 10.0% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,019.40 | 5,578.90 | 6,130.10 | 6,520.60 |
| Cost Of Revenue | - | 753.10 | 828.60 | 850.30 | 907 |
| Gross Profit | - | 4,266.30 | 4,750.30 | 5,279.80 | 5,613.60 |
| Operating Expense | - | 1,250.40 | 1,314.60 | 1,348.30 | 1,384.10 |
| Operating Income | - | 3,015.90 | 3,435.70 | 3,931.50 | 4,229.50 |
| EBITDA | - | 4,015.60 | 4,665.60 | 5,039.10 | 5,834.80 |
| EBIT | - | 3,653 | 4,313 | 4,702.30 | 5,503.90 |
| Pretax Income | - | 3,490.30 | 4,153.60 | 4,541.40 | 5,330.50 |
| Tax Provision | - | 799.30 | 927.40 | 1,015.60 | 1,258.30 |
| Net Income | - | 2,691 | 3,226.20 | 3,525.80 | 4,072.20 |
| Net Income Common Stockholders | - | 2,657.20 | 3,185.60 | 3,481.50 | 4,021 |
| Total Expenses | - | 2,003.50 | 2,143.20 | 2,198.60 | 2,291.10 |
| Interest Expense | - | 162.70 | 159.40 | 160.90 | 173.40 |
| Selling General And Administration | - | 137.40 | 144.40 | 132.70 | 150.50 |
| Normalized EBITDA | - | 1,817.20 | -609.70 | 960 | 98.30 |
| Normalized Income | - | 996.05 | -871.25 | 360.42 | -310.49 |
| Market Cap | 103,422 | 103,422 | 103,422 | 103,422 | 103,422 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CME Group Inc.this co. | CME | $103.8B | 25.40 | 3.60 | 14.2% | 17.55 |
| The Progressive Corporation | PGR | $117.8B | 10.38 | 3.87 | 37.3% | - |
| Capital One Financial Corporation | COF | $116.5B | 49.48 | 1.07 | 2.2% | - |
| The Bank of New York Mellon Corporation | BK | $99.6B | 16.58 | 2.33 | 14.1% | - |
| KKR & Co. Inc. | KKR | $96.2B | 39.78 |
| - |
| - |
| - |
| - |
| 3.33 |
| 8.4% |
| 12.97 |
| Blackstone Inc. | BX | $94.9B | 49.25 | 17.16 | 34.8% | - |
| U.S. Bancorp | USB | $91.0B | 11.42 | 1.48 | 13.0% | - |
| Intercontinental Exchange, Inc. | ICE | $90.7B | 27.07 | 3.10 | 11.5% | 16.28 |
| Marsh & McLennan Companies, Inc. | MRSH | $83.4B | 19.70 | 5.43 | 27.5% | 13.59 |
| Peer Median | - | 23.39 | 3.21 | 13.5% | 13.59 | |