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Cboe Global MarketsLTS:0HQN +1.22%92 ROE % is 25.68% as of Jun. 2026, which is 52% above its 10-year median of 16.86. GuruFocus rates LTS:0HQN with a GF Score™ of 92/100 and a GF Value™ of $237.99 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 791 Capital Markets companies, Cboe Global Markets ranks better than 87.86% on this metric.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Cboe Global Markets ROE % Related Terms
Cboe Global Markets ROE % Historical Data
* Premium members only.
The historical data trend for Cboe Global Markets's ROE % 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, Cboe Global Markets's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Cboe Global Markets's ROE % distribution charts can be found below:
* The bar in red indicates where Cboe Global Markets's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Cboe Global Markets (LTS:0HQN) has a ROE % of 25.68% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cboe Global Markets and its competitors. This is 52% above median its historical median of 16.86. Over the past decade, Cboe Global Markets' ROE % has ranged from 6.65 to 64.69. According to the industry distribution chart, Cboe Global Markets ranks #96 out of 791 companies in the Capital Markets industry, placing it in the top 12.1%.
Is Cboe Global Markets' ROE % too high?
Cboe Global Markets' current ROE % of 25.68% is 52% above median its 10-year median of 16.86. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 64.69. The Capital Markets industry median ROE % is 6.03. Cboe Global Markets' value of 25.68% is 325.9% above this industry median. Based on the distribution chart, Cboe Global Markets ranks #96 out of 791 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Cboe Global Markets has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' ROE % compare to MSCI and COIN?
According to the Capital Markets industry distribution chart, Cboe Global Markets ranks #96 out of 791 companies for ROE %. This places Cboe Global Markets in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 6.03. Cboe Global Markets' value of 25.68% is 325.9% above this benchmark. Historically, Cboe Global Markets' own ROE % has ranged from 6.65 to 64.69 over the past decade. While the company's 10-year median is 16.86 vs. the industry median of 6.03, 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.03, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cboe Global Markets's current ROE % of 25.68% is 325.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cboe Global Markets and its competitors. For the Capital Markets industry, the median ROE % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cboe Global Markets's current ROE % is 25.68%, which is 52% above median its own 10-year median of 16.86. 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 (LTS:0HQN) is currently considered Modestly Overvalued. The stock's GF Value™ is $237.99, compared to a current price of $296.11 — trading 24.4% above its estimated fair value. The current ROE % is 25.68%, which is 52% above median its 10-year median of 16.86 and 325.9% above the Capital Markets industry median of 6.03. Cboe Global Markets' overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Cboe Global Markets (LTS:0HQN), the current ROE % is 25.68% 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 (LTS:0HQN) Overvalued in 2026?
Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued.
The current stock price of $296.11 is trading 24.4% above its estimated GF Value™ of $237.99.
GuruFocus considers Cboe Global Markets to be Modestly Overvalued.
Key valuation signals for LTS:0HQN:
ROE %: 25.68% (52% above median its 10-year median of 16.86)
GF Value™: $237.99 vs. price of $296.11 (24.4% above fair value)
Industry Position: 325.9% above the Capital Markets median (#96 of 791)
No single metric tells the full story. See the LTS:0HQN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
92GF Score
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