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CME GroupCME +1.82%78 Earnings Yield (Joel Greenblatt) % is 476.19% as of Jun. 2026, which is 9237% above its 10-year median of 5.10. GuruFocus rates CME with a GF Score™ of 78/100 and a GF Value™ of $271.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 776 Capital Markets companies, CME Group ranks better than 60.05% on this metric.
CME Group's Enterprise Value for the quarter that ended in Jun. 2026 was $1,228 Mil.
CME Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $5,769 Mil. CME Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 476.19%.
The historical rank and industry rank for CME Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CME'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.28 Med: 5.1 Max: 7.11
Current: 6.09
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CME Group was 7.11%. The lowest was 3.28%. And the median was 5.10%.
CME's Earnings Yield (Joel Greenblatt) % is ranked better than 60.05% of 776
companies
in the Capital Markets industry
Industry Median: 2.775
vs CME: 6.09
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. CME Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 15.40%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
CME Group (NAS:CME) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
CME Group Earnings Yield (Joel Greenblatt) % Related Terms
CME Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CME Group's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart
For the Financial Data & Stock Exchanges subindustry, CME Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CME Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CME Group's Earnings Yield (Joel Greenblatt) % falls into.
CME Group Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
CME Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
CME Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,769 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 476.19% mean?
CME Group (CME) has a Earnings Yield (Joel Greenblatt) % of 476.19% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on CME Group and its competitors. This is 9237% above median its historical median of 5.10. Over the past decade, CME Group's Earnings Yield (Joel Greenblatt) % has ranged from 3.28 to 7.11. According to the industry distribution chart, CME Group ranks #310 out of 776 companies in the Capital Markets industry, placing it in the top 39.9%.
Is CME Group's Earnings Yield (Joel Greenblatt) % too high?
CME Group's current Earnings Yield (Joel Greenblatt) % of 476.19% is 9237% above median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 7.11. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 2.78. CME Group's value of 476.19% is 17060% above this industry median. Based on the distribution chart, CME Group ranks #310 out of 776 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 Earnings Yield (Joel Greenblatt) % compare to ICE and MCO?
According to the Capital Markets industry distribution chart, CME Group ranks #310 out of 776 companies for Earnings Yield (Joel Greenblatt) %. This puts CME Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.78. CME Group's value of 476.19% is 17060% above this benchmark. Historically, CME Group's own Earnings Yield (Joel Greenblatt) % has ranged from 3.28 to 7.11 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 2.78, CME Group has consistently been above 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 Earnings Yield (Joel Greenblatt) % for a Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.78, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CME Group's current Earnings Yield (Joel Greenblatt) % of 476.19% is 17060% above 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on CME Group and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CME Group's current Earnings Yield (Joel Greenblatt) % is 476.19%, which is 9237% above median its own 10-year median of 5.10. 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 $271.61, compared to a current price of $260.00 — trading 4.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 476.19%, which is 9237% above median its 10-year median of 5.10 and 17060% above the Capital Markets industry median of 2.78. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For CME Group (CME), the current Earnings Yield (Joel Greenblatt) % is 476.19% as of Jun. 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 $260.00 is trading 4.3% below its estimated GF Value™ of $271.61.
GuruFocus considers CME Group to be Fairly Valued.
Key valuation signals for CME:
Earnings Yield (Joel Greenblatt) %: 476.19% (9237% above median its 10-year median of 5.10)
GF Value™: $271.61 vs. price of $260.00 (4.3% below fair value)
Industry Position: 17060% above the Capital Markets median (#310 of 776)
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.
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
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