CME GroupCME -4.41%81 EV-to-FCF is 19.54 as of Jun. 24, 2026, which is 25% below its 10-year median of 25.93. GuruFocus rates CME with a GF Score™ of 81/100 and a GF Value™ of $270.89 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 443 Capital Markets companies, CME Group ranks worse than 69.75% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, CME Group's Enterprise Value is $84,583 Mil.
CME Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $4,329 Mil. Therefore, CME Group's EV-to-FCF for today is 19.54.
The historical rank and industry rank for CME Group's EV-to-FCF or its related term are showing as below:
CME'
s EV-to-FCF Range Over the Past 10 Years
Min: 19.53 Med: 25.93 Max: 41.8
Current: 19.54
During the past 13 years, the highest EV-to-FCF of CME Group was 41.80. The lowest was 19.53. And the median was 25.93.
CME's EV-to-FCF is ranked worse than 69.75% of 443
companies
in the Capital Markets industry
Industry Median: 9.42
vs CME: 19.54
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
CME Group's share price for today is $231.68.
CME Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.720.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
CME Group EV-to-FCF Related Terms
CME Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for CME Group's EV-to-FCF 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.
For the Financial Data & Stock Exchanges subindustry, CME Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CME Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where CME Group's EV-to-FCF falls into.
CME Group's current Enterprise Value is $84,583 Mil.
CME Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,329 Mil.
* 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 (CME) has a EV-to-FCF of 19.54 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CME Group and its competitors. This is 25% below median its historical median of 25.93. Over the past decade, CME Group's EV-to-FCF has ranged from 19.53 to 41.80. According to the industry distribution chart, CME Group ranks #309 out of 443 companies in the Capital Markets industry, placing it in the top 69.8%.
Is CME Group's EV-to-FCF too high?
CME Group's current EV-to-FCF of 19.54 is 25% below median its 10-year median of 25.93. Over the past 10 years, this metric has ranged from a low of 19.53 to a high of 41.80. The Capital Markets industry median EV-to-FCF is 9.42. CME Group's value of 19.54 is 107.4% above this industry median. Based on the distribution chart, CME Group ranks #309 out of 443 companies in the Capital Markets industry, which is below the industry midpoint. Overall, CME Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CME Group's EV-to-FCF compare to ICE and MCO?
According to the Capital Markets industry distribution chart, CME Group ranks #309 out of 443 companies for EV-to-FCF. This places CME Group in the lower half of its industry. The industry median EV-to-FCF is 9.42. CME Group's value of 19.54 is 107.4% above this benchmark. Historically, CME Group's own EV-to-FCF has ranged from 19.53 to 41.80 over the past decade. While the company's 10-year median is 25.93 vs. the industry median of 9.42, 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 EV-to-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.42, based on 443 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CME Group's current EV-to-FCF of 19.54 is 107.4% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CME Group and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CME Group's current EV-to-FCF is 19.54, which is 25% below median its own 10-year median of 25.93. 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 Modestly Undervalued. The stock's GF Value™ is $270.89, compared to a current price of $231.68 — trading 14.5% below its estimated fair value. The current EV-to-FCF is 19.54, which is 25% below median its 10-year median of 25.93 and 107.4% above the Capital Markets industry median of 9.42. CME Group's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For CME Group (CME), the current EV-to-FCF is 19.54 as of Jun. 24, 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 $231.68 is trading 14.5% below its estimated GF Value™ of $270.89.
GuruFocus considers CME Group to be Modestly Undervalued.
Key valuation signals for CME:
EV-to-FCF: 19.54 (25% below median its 10-year median of 25.93)
GF Value™: $270.89 vs. price of $231.68 (14.5% below fair value)
Industry Position: 107.4% above the Capital Markets median (#309 of 443)
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.
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