CME (CME Group) Debt-to-EBITDA : 0.52 (As of Mar. 2026) — 39% Below Median

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CME CME Group Inc CME
78 GF Score
Price $246.27
GF Value $271.55
Valuation Fairly Valued
! 3 Warning Signs
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What is CME Group Debt-to-EBITDA?

CME Group CME +0.44% 78 Debt-to-EBITDA is 0.52 as of Mar. 2026, which is 39% below its 10-year median of 0.85. GuruFocus rates CME with a GF Score™ of 78/100 and a GF Value™ of $271.55 (Fairly Valued). The stock has 3 warning signs investors should review. Among 422 Capital Markets companies, CME Group ranks better than 66.82% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

CME Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. CME Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,423 Mil. CME Group's annualized EBITDA for the quarter that ended in Mar. 2026 was $6,551 Mil. CME Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.52.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for CME Group's Debt-to-EBITDA or its related term are showing as below:

CME' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.56   Med: 0.85   Max: 1.38
Current: 0.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of CME Group was 1.38. The lowest was 0.56. And the median was 0.85.

CME's Debt-to-EBITDA is ranked better than
66.82% of 422 companies
in the Capital Markets industry
Industry Median: 1.6 vs CME: 0.56

CME Group  (NAS:CME) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


CME Group Debt-to-EBITDA Related Terms


CME Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CME Group's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CME Group Debt-to-EBITDA Chart

CME Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.86 0.73 0.68 0.59

CME Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.59 0.66 0.50 0.52

CME vs MCO, ICE, NDAQ: Debt-to-EBITDA Comparison

For the Financial Data & Stock Exchanges subindustry, CME Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CME Group Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CME Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CME Group's Debt-to-EBITDA falls into.


CME
78GF Score
CME Group Inc CME
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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CME Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

CME Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3422.3) / 5834.8
=0.59

CME Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3423.2) / 6551.2
=0.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.52 mean?
CME Group (CME) has a Debt-to-EBITDA of 0.52 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CME Group. This is 39% below median its historical median of 0.85. Over the past decade, CME Group's Debt-to-EBITDA has ranged from 0.56 to 1.38. According to the industry distribution chart, CME Group ranks #140 out of 422 companies in the Capital Markets industry, placing it in the top 33.2%.
Is CME Group's Debt-to-EBITDA too high?
CME Group's current Debt-to-EBITDA of 0.52 is 39% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.38. The Capital Markets industry median Debt-to-EBITDA is 1.60. CME Group's value of 0.52 is 67.5% below this industry median. Based on the distribution chart, CME Group ranks #140 out of 422 companies in the Capital Markets industry, which is above the industry midpoint. Overall, CME Group has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CME Group's Debt-to-EBITDA compare to MCO and ICE?
According to the Capital Markets industry distribution chart, CME Group ranks #140 out of 422 companies for Debt-to-EBITDA. This puts CME Group in the upper half of its industry. The industry median Debt-to-EBITDA is 1.60. CME Group's value of 0.52 is 67.5% below this benchmark. Historically, CME Group's own Debt-to-EBITDA has ranged from 0.56 to 1.38 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.60, CME Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.60, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CME Group's current Debt-to-EBITDA of 0.52 is 67.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CME Group. For the Capital Markets industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CME Group's current Debt-to-EBITDA is 0.52, which is 39% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CME Group stock overvalued right now?
Based on GuruFocus' analysis, CME Group (CME) is currently considered Fairly Valued. The stock's GF Value™ is $271.55, compared to a current price of $246.27 — trading 9.3% below its estimated fair value. The current Debt-to-EBITDA is 0.52, which is 39% below median its 10-year median of 0.85 and 67.5% below the Capital Markets industry median of 1.60. CME Group's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For CME Group (CME), the current Debt-to-EBITDA is 0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CME Group (CME) Overvalued in 2026?

Based on GuruFocus' analysis, CME Group stock appears to be undervalued. The current stock price of $246.27 is trading 9.3% below its estimated GF Value™ of $271.55. GuruFocus considers CME Group to be Fairly Valued.

Key valuation signals for CME:

  • Debt-to-EBITDA: 0.52 (39% below median its 10-year median of 0.85)
  • GF Value™: $271.55 vs. price of $246.27 (9.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 67.5% below the Capital Markets median (#140 of 422)

No single metric tells the full story. See the CME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CME Group Business Description

Address 20 South Wacker Drive, Chicago, IL, USA, 60606
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The Chicago Mercantile Exchange was founded in 1898 and in 2002 completed its IPO. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indexes, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX, it also expanded into cash foreign exchange, fixed-income trading, and collateral optimization.
78GF Score

Get the complete analysis for CME

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$246.27
Price
$271.55
GF Value