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Added to YB: 2026-04-23

Pitch date: 2026-04-21

CME [neutral]

CME Group Inc.

+3.87%

current return

Author Info

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Company Info

CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide.

Market Cap

$103.2B

Pitch Price

$275.06

Price Target

N/A

Dividend

3.99%

EV/EBITDA

20.06

P/E

24.27

EV/Sales

15.40

Sector

Capital Markets

Category

growth

Show full summary:
Most investors think CME Group is just an exchange. That mistake changes almost everything.

CME (overview): Not just an exchange - prices & clears benchmark risk, netting $72B avg daily margin savings for customers. 86% gross margin, 65% op margin, $4.3B OCF vs $84M capex. Revenue layers: clearing, collateral offsets, $800M data biz. Q1 ADV 36M contracts (+22% YoY), March 41M (+33%). Open interest 126M contracts, 3,616 large holders show sticky franchise. 8% long-term EPS growth, 3.5% yield, 20-28x historical P/E range.

Read full article (6 min)