CBOE (Cboe Global Markets) Retained Earnings: $4,131 Mil (As of Jun. 2026)

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CBOE Cboe Global Markets Inc CBOE
93 GF Score
Price $296.14
GF Value $238.01
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Cboe Global Markets Retained Earnings?

Cboe Global Markets CBOE +1.04% 93 Retained Earnings is $4,131 Mil as of Jun. 2026. GuruFocus rates CBOE with a GF Score™ of 93/100 and a GF Value™ of $238.01 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cboe Global Markets's retained earnings for the quarter that ended in Jun. 2026 was $4,131 Mil.

Cboe Global Markets's quarterly retained earnings increased from Dec. 2025 ($3,544 Mil) to Mar. 2026 ($3,854 Mil) and increased from Mar. 2026 ($3,854 Mil) to Jun. 2026 ($4,131 Mil).

Cboe Global Markets's annual retained earnings increased from Dec. 2023 ($2,525 Mil) to Dec. 2024 ($2,816 Mil) and increased from Dec. 2024 ($2,816 Mil) to Dec. 2025 ($3,544 Mil).


Cboe Global Markets  (BATS:CBOE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Cboe Global Markets Retained Earnings Historical Data

* Premium members only.

The historical data trend for Cboe Global Markets's Retained Earnings 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.

Cboe Global Markets Retained Earnings Chart

Cboe Global Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,145.50 2,171.10 2,525.20 2,815.90 3,543.60

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
Retained Earnings 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 3,168.90 3,394.10 3,543.60 3,853.50 4,131.00
CBOE
93GF Score
Cboe Global Markets Inc CBOE
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Cboe Global Markets Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $4,131 Mil mean?
Cboe Global Markets (CBOE) has a Retained Earnings of $4,131 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Cboe Global Markets and its competitors.
Is Cboe Global Markets' Retained Earnings too high?
Cboe Global Markets' current Retained Earnings is $4,131 Mil. Overall, Cboe Global Markets has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' Retained Earnings compare to MSCI and COIN?
Cboe Global Markets' Retained Earnings of $4,131 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Cboe Global Markets and its competitors. Cboe Global Markets's current Retained Earnings is $4,131 Mil. 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 (CBOE) is currently considered Modestly Overvalued. The stock's GF Value™ is $238.01, compared to a current price of $296.14 — trading 24.4% above its estimated fair value. The current Retained Earnings is $4,131 Mil. Cboe Global Markets' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Cboe Global Markets (CBOE), the current Retained Earnings is $4,131 Mil 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 (CBOE) Overvalued in 2026?

Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued. The current stock price of $296.14 is trading 24.4% above its estimated GF Value™ of $238.01. GuruFocus considers Cboe Global Markets to be Modestly Overvalued.

Key valuation signals for CBOE:

  • Retained Earnings: $4,131 Mil
  • GF Value™: $238.01 vs. price of $296.14 (24.4% above fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the 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.
93GF Score

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

$296.14
Price
$238.01
GF Value