Cboe Global Markets (MEX:CBOE) Interest Coverage: 36.06 (As of Jun. 2026) — 111% Above Median

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MEX:CBOE Cboe Global Markets Inc MEX:CBOE
86 GF Score
Price MXN4,970.00
GF Value MXN3,994.43
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Cboe Global Markets Interest Coverage?

Cboe Global Markets MEX:CBOE 86 Interest Coverage is 36.06 as of Jun. 2026, which is 111% above its 10-year median of 17.09. GuruFocus rates MEX:CBOE with a GF Score™ of 86/100 and a GF Value™ of MXN3,994.43 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 434 Capital Markets companies, Cboe Global Markets ranks better than 54.38% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Cboe Global Markets's Operating Income for the three months ended in Jun. 2026 was MXN8,306 Mil. Cboe Global Markets's Interest Expense for the three months ended in Jun. 2026 was MXN-230 Mil. Cboe Global Markets's interest coverage for the quarter that ended in Jun. 2026 was 36.06. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cboe Global Markets's Interest Coverage or its related term are showing as below:

MEX:CBOE' s Interest Coverage Range Over the Past 10 Years
Min: 11.52   Med: 17.09   Max: 54.7
Current: 33.62


MEX:CBOE's Interest Coverage is ranked better than
54.38% of 434 companies
in the Capital Markets industry
Industry Median: 21.08 vs MEX:CBOE: 33.62

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Cboe Global Markets  (MEX:CBOE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Cboe Global Markets Interest Coverage Related Terms


Cboe Global Markets Interest Coverage Historical Data

* Premium members only.

The historical data trend for Cboe Global Markets's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Cboe Global Markets Interest Coverage Chart

Cboe Global Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.11 16.17 17.07 22.93 28.95

Cboe Global Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage 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 27.61 28.20 32.24 38.02 36.06

MEX:CBOE vs MSCI, COIN, TRU: Interest Coverage Comparison

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Cboe Global Markets Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cboe Global Markets's Interest Coverage falls into.


MEX:CBOE
86GF Score
Cboe Global Markets Inc MEX:CBOE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cboe Global Markets Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cboe Global Markets's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Cboe Global Markets's Interest Expense was MXN-942 Mil. Its Operating Income was MXN27,262 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN28,157 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*27262.43/-941.698
=28.95

Cboe Global Markets's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Cboe Global Markets's Interest Expense was MXN-230 Mil. Its Operating Income was MXN8,306 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN15,804 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*8305.724/-230.327
=36.06

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 36.06 mean?
Cboe Global Markets (MEX:CBOE) has a Interest Coverage of 36.06 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cboe Global Markets and its competitors. This is 111% above median its historical median of 17.09. Over the past decade, Cboe Global Markets' Interest Coverage has ranged from 11.52 to 54.70. According to the industry distribution chart, Cboe Global Markets ranks #198 out of 434 companies in the Capital Markets industry, placing it in the top 45.6%.
Is Cboe Global Markets' Interest Coverage too high?
Cboe Global Markets' current Interest Coverage of 36.06 is 111% above median its 10-year median of 17.09. Over the past 10 years, this metric has ranged from a low of 11.52 to a high of 54.70. The Capital Markets industry median Interest Coverage is 21.08. Cboe Global Markets' value of 36.06 is 71.1% above this industry median. Based on the distribution chart, Cboe Global Markets ranks #198 out of 434 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Cboe Global Markets has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' Interest Coverage compare to MSCI and COIN?
According to the Capital Markets industry distribution chart, Cboe Global Markets ranks #198 out of 434 companies for Interest Coverage. This puts Cboe Global Markets in the upper half of its industry. The industry median Interest Coverage is 21.08. Cboe Global Markets' value of 36.06 is 71.1% above this benchmark. Historically, Cboe Global Markets' own Interest Coverage has ranged from 11.52 to 54.70 over the past decade. While the company's 10-year median is 17.09 vs. the industry median of 21.08, Cboe Global Markets 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 Interest Coverage for a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 21.08, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cboe Global Markets's current Interest Coverage of 36.06 is 71.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cboe Global Markets and its competitors. For the Capital Markets industry, the median Interest Coverage is 21.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cboe Global Markets's current Interest Coverage is 36.06, which is 111% above median its own 10-year median of 17.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cboe Global Markets stock overvalued right now?
Based on GuruFocus' analysis, Cboe Global Markets (MEX:CBOE) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,994.43, compared to a current price of MXN4,970.00 — trading 24.4% above its estimated fair value. The current Interest Coverage is 36.06, which is 111% above median its 10-year median of 17.09 and 71.1% above the Capital Markets industry median of 21.08. Cboe Global Markets' overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Cboe Global Markets (MEX:CBOE), the current Interest Coverage is 36.06 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 Cboe Global Markets (MEX:CBOE) Overvalued in 2026?

Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued. The current stock price of MXN4,970.00 is trading 24.4% above its estimated GF Value™ of MXN3,994.43. GuruFocus considers Cboe Global Markets to be Modestly Overvalued.

Key valuation signals for MEX:CBOE:

  • Interest Coverage: 36.06 (111% above median its 10-year median of 17.09)
  • GF Value™: MXN3,994.43 vs. price of MXN4,970.00 (24.4% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 71.1% above the Capital Markets median (#198 of 434)

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


Cboe Global Markets Business Description

Address 433 West Van Buren Street, Chicago, IL, USA, 60607
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. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
86GF Score

Get the complete analysis for MEX:CBOE

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

MXN4,970.00
Price
MXN3,994.43
GF Value