Morningstar
•
May 01, 2026
Cboe Global Markets, Inc.: Cboe Earnings: Earnings Surge on Volatile Markets and Strong Data Revenue
Symbols
CBOESector(s)
Financial Services
Rating
Current Price
326.96
Fair Value
Economic Moat
Stewardship
Summary
Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cb
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