Financial Services · Financial - Data & Stock Exchanges
Price
$221.00
Market Cap
$80.1B
Employees
3,760
Beta
0.24
Avg Volume
3,051,168
CEO
Terrence A. Duffy
Business Description
CME Group Inc., through its various subsidiaries, manages international marketplaces for the exchange of futures and options on futures contracts worldwide. Its extensive array of product offerings includes futures and options linked to a broad spectrum of underlying assets, such as interest rates, equity indices, foreign exchange, agricultural commodities, energy, and metals, alongside fixed-income products. The company additionally furnishes essential clearinghouse services, which entail the verification, settlement, and guarantee of futures, options, and cleared swap agreements traded across its venues. It also offers services for transaction processing and risk mitigation. Furthermore, the organization provides diverse market data services, encompassing both real-time and historical data feeds. Its wide-ranging client base consists of professional traders, financial institutions, both institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. Founded in Chicago, Illinois, in 1898, the enterprise was formerly known as Chicago Mercantile Exchange Holdings Inc. before rebranding as CME Group Inc. in July 2007.
Business History
Price Overview
Last updated: Jun 29, 2026 4:48am (just now)$221.00
-4.00 (-1.78%)
Day Range
$220.73 – $225.73
52-Week Range
$220.73 – $329.16
50-Day MA
$273.98
200-Day MA
$280.89
Volume
5,970,282.00
Analyst Price Targets
Low
$302.00
Consensus
$320.67
High
$353.00
(62 analysts)
Share Structure
Outstanding
362,356,000.00
Float
357,315,305.00
Free Float
98.6%
High free float
— 98.6% of shares trade freely, ~1.4% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
18.72
Stock Price: $221.00
EPS (Diluted): 11.18
EPS (Diluted): 11.18
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.42
Stock Price: $221.00
Total Equity: $28.73B
Shares: 360,233,000
Total Equity: $28.73B
Shares: 360,233,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
13.54
Market Cap: $80.08B
Total Debt: $3.48B
Cash: $4.42B
EBITDA: $5.72B
Total Debt: $3.48B
Cash: $4.42B
EBITDA: $5.72B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$97.5B
Market Cap: $80.08B
Total Debt: $3.48B
Cash: $4.42B
Total Debt: $3.48B
Cash: $4.42B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
86.1%
Gross Profit: $5.61B
Revenue: $6.52B
Revenue: $6.52B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
64.9%
Operating Income: $4.23B
Revenue: $6.52B
Revenue: $6.52B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
62.0%
Net Income: $4.04B
Revenue: $6.52B
Revenue: $6.52B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
15.3%
Net Income: $4.04B
Total Equity: $28.73B
Total Equity: $28.73B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
9.4%
Operating Income: $4.23B
Tax Rate: 23.9%
Equity: $28.73B
Total Debt: $3.48B
Cash: $4.42B
Tax Rate: 23.9%
Equity: $28.73B
Total Debt: $3.48B
Cash: $4.42B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
92.97
Current Assets: $5.19B
Current Liabilities: $55.80M
Current Liabilities: $55.80M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.12
Short-Term Debt: $55.80M
Long-Term Debt: $3.42B
Total Debt: $3.48B
Total Equity: $28.73B
Long-Term Debt: $3.42B
Total Debt: $3.48B
Total Equity: $28.73B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$18.10
Revenue: $6.52B
Shares: 360,233,000
Shares: 360,233,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$79.75
Total Equity: $28.73B
Shares: 360,233,000
Shares: 360,233,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$11.64
Operating CF: $4.28B
CapEx: -$83.50M
Shares: 360,233,000
CapEx: -$83.50M
Shares: 360,233,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
4.0%
Last Dividend: N/A
Stock Price: $221.00
Stock Price: $221.00
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $4.04B
Net Income: $4.04B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares CME against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 29, 2026 4:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.7B | $5.0B | $5.6B | $6.1B | $6.5B |
| Cost of Revenue | $837.0M | $753.1M | $828.6M | $850.3M | $907.0M |
| Gross Profit | $3.9B | $4.3B | $4.8B | $5.3B | $5.6B |
| Operating Expenses | $1.2B | $1.3B | $1.3B | $1.3B | $1.4B |
| Operating Income | $2.6B | $3.0B | $3.4B | $3.9B | $4.2B |
| Net Income | $2.6B | $2.7B | $3.2B | $3.5B | $4.0B |
| EBITDA | $3.9B | $4.0B | $4.7B | $5.0B | $5.7B |
| EPS | $7.30 | $7.41 | $8.87 | $9.69 | $11.18 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 29, 2026 4:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $2.8B | $2.7B | $2.9B | $2.9B | $4.4B |
| Total Current Assets | $161.8B | $139.1B | $94.9B | $103.0B | $5.2B |
| Total Assets | $196.8B | $174.2B | $129.7B | $137.4B | $198.5B |
| Current Liabilities | $160.4B | $137.7B | $93.4B | $102.3B | $55.8M |
| Long-Term Debt | $2.7B | $3.4B | $3.4B | $2.7B | $3.4B |
| Total Liabilities | $169.4B | $147.3B | $103.0B | $111.0B | $169.8B |
| Total Equity | $27.4B | $26.9B | $26.7B | $26.5B | $28.7B |
| Retained Earnings | $5.2B | $4.7B | $4.5B | $4.2B | $6.4B |
Cash Flow (Annual)
Last updated: Jun 29, 2026 4:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.4B | $3.1B | $3.5B | $3.7B | $4.3B |
| Capital Expenditure | -$127.2M | -$89.7M | -$76.4M | -$94.0M | -$83.5M |
| Free Cash Flow | $2.3B | $3.0B | $3.4B | $3.6B | $4.2B |
| Acquisitions (net) | $144.7M | -$402.0M | $95.5M | $9.9M | $1.6B |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | -$24.8M | -$21.4M | -$33.0M | -$266.1M |
| Net Change in Cash | $72.4B | -$22.8B | -$44.9B | $8.7B | $62.3B |
Analyst Estimates (Annual)
Last updated: Jun 29, 2026 4:48am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$7.4B $7.0B – $7.7B
|
$7.8B $7.8B – $7.9B
|
$8.4B $8.2B – $8.7B
|
$8.7B $8.4B – $8.9B
|
| EBITDA |
$6.7B $6.4B – $7.0B
|
$7.1B $7.1B – $7.2B
|
$7.7B $7.5B – $7.9B
|
$7.9B $7.7B – $8.1B
|
| Net Income |
$4.5B $4.3B – $4.9B
|
$4.9B $4.7B – $5.1B
|
$5.4B $5.2B – $5.6B
|
$5.7B $5.4B – $5.9B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 29, 2026 4:48am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +7.0% | +11.1% | +9.9% | +6.4% |
| Gross Profit Growth | +10.7% | +11.3% | +11.1% | +6.3% |
| Operating Income Growth | +14.0% | +13.9% | +14.4% | +7.6% |
| Net Income Growth | +2.1% | +19.9% | +9.3% | +14.7% |
| EBITDA Growth | +2.3% | +16.2% | +8.0% | +13.5% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-18 | Piell Hilda Harris | S-Sale | 5,753.00 | $304.63 | $1.8M |
| 2026-05-15 | DUFFY TERRENCE A | S-Sale | 25,996.00 | $298.14 | $7.8M |
| 2026-05-15 | DUFFY TERRENCE A | S-Sale | 9,004.00 | $299.58 | $2.7M |
| 2026-03-26 | SHEPARD WILLIAM R | P-Purchase | 1,407.78 | $297.38 | $418,646 |
| 2026-03-26 | SHEPARD WILLIAM R | P-Purchase | 62.06 | $297.38 | $18,455 |
| 2026-03-17 | Marcus Jonathan L | S-Sale | 3,291.00 | $313.37 | $1.0M |
| 2026-03-17 | Marcus Jonathan L | S-Sale | 3,291.00 | $333.37 | $1.1M |
| 2026-03-15 | McCourt Timothy Francis | A-Award | 5,504.00 | $311.40 | $1.7M |
| 2026-03-15 | McCourt Timothy Francis | F-InKind | 2,810.00 | $311.40 | $875,034 |
| 2026-03-15 | McCourt Timothy Francis | F-InKind | 94.00 | $311.40 | $29,272 |
| 2026-03-15 | Marcus Jonathan L | A-Award | 5,270.00 | $311.40 | $1.6M |
| 2026-03-15 | Marcus Jonathan L | F-InKind | 2,377.00 | $311.40 | $740,198 |
| 2026-03-15 | Marcus Jonathan L | F-InKind | 261.00 | $311.40 | $81,275 |
| 2026-03-15 | Piell Hilda Harris | A-Award | 7,076.00 | $311.40 | $2.2M |
| 2026-03-15 | Piell Hilda Harris | F-InKind | 3,039.00 | $311.40 | $946,345 |
| 2026-03-15 | Sprague Suzanne | A-Award | 5,504.00 | $311.40 | $1.7M |
| 2026-03-15 | Sprague Suzanne | F-InKind | 2,439.00 | $311.40 | $759,505 |
| 2026-03-15 | Sprague Suzanne | F-InKind | 76.00 | $311.40 | $23,666 |
| 2026-03-15 | DUFFY TERRENCE A | A-Award | 62,902.00 | $311.40 | $19.6M |
| 2026-03-15 | DUFFY TERRENCE A | F-InKind | 27,866.00 | $311.40 | $8.7M |
Dividend History (Last 20)
Last updated: Jun 29, 2026 4:48am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-09 | $1.30 | 2026-05-07 | 2026-06-09 | 2026-06-25 |
| 2026-03-10 | $7.45 | 2026-02-12 | 2026-03-10 | 2026-03-26 |
| 2025-12-12 | $1.25 | 2025-11-06 | 2025-12-12 | 2025-12-30 |
| 2025-09-09 | $1.25 | 2025-08-07 | 2025-09-09 | 2025-09-25 |
| 2025-06-09 | $1.25 | 2025-05-08 | 2025-06-09 | 2025-06-25 |
| 2025-03-07 | $1.25 | 2025-02-06 | 2025-03-07 | 2025-03-26 |
| 2024-12-27 | $5.80 | 2024-12-05 | 2024-12-27 | 2025-01-16 |
| 2024-12-09 | $1.15 | 2024-11-07 | 2024-12-09 | 2024-12-27 |
| 2024-09-09 | $1.15 | 2024-08-08 | 2024-09-09 | 2024-09-25 |
| 2024-06-07 | $1.15 | 2024-05-09 | 2024-06-07 | 2024-06-25 |
| 2024-03-07 | $1.15 | 2024-02-08 | 2024-03-08 | 2024-03-26 |
| 2023-12-27 | $5.25 | 2023-12-07 | 2023-12-28 | 2024-01-18 |
| 2023-12-07 | $1.10 | 2023-11-09 | 2023-12-08 | 2023-12-28 |
| 2023-09-07 | $1.10 | 2023-08-03 | 2023-09-08 | 2023-09-27 |
| 2023-06-08 | $1.10 | 2023-05-04 | 2023-06-09 | 2023-06-27 |
| 2023-03-09 | $1.10 | 2023-02-02 | 2023-03-10 | 2023-03-27 |
| 2022-12-27 | $4.50 | 2022-12-08 | 2022-12-28 | 2023-01-18 |
| 2022-12-08 | $1.00 | 2022-11-10 | 2022-12-09 | 2022-12-28 |
| 2022-09-08 | $1.00 | 2022-08-04 | 2022-09-09 | 2022-09-27 |
| 2022-06-09 | $1.00 | 2022-05-04 | 2022-06-10 | 2022-06-27 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CME — it's generated by the pipeline (
market-narrative step).
No community reviews yet for CME.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30