CME Group Inc - Ordinary Shares - Class A

CME Group Inc - Ordinary Shares - Class A

CME

Market Cap$83.86B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
CME Group Inc - Ordinary Shares - Class ACME Group Inc - Ordinary Shares - Class A24.44.47%12%14.60.1

Earnings Call Q3 2024

October 23, 2024 - AI Summary

**Record Performance**: CME Group achieved record average daily volume (ADV) of 28.3 million contracts in Q3 2024, a 27% increase compared to the same period last year. This was fueled by strong year-over-year growth in all asset classes, with specific gains of 28% in financial products and 20% in commodities.
**Financial Results**: The company reported a record quarterly revenue of nearly $1.6 billion, an 18% increase year-over-year. Net income also reached an all-time high of $977 million, translating to earnings per share of $2.68, which is up 19% from the previous year. Adjusted operating margin increased to 69.1%, up 260 basis points YoY.
**Strong International Business**: Average daily volume in international markets reached 8.4 million contracts, a 29% increase YoY. Significant growth was noted in EMEA (up 30%) and APAC (up 28%), reflecting the company's effective global expansion strategy.

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$243.50

Target Price by Analysts

4.3% upsideCME Group Target Price DetailsTarget Price
$184.65

Current Fair Value

20.9% downside

Overvalued by 20.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$83.86 Billion
Enterprise Value$84.96 Billion
Dividend Yield$10.4 (4.46908168965665%)
Earnings per Share$8.87
Beta0.56
Outstanding Shares359,400,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio24.37
PEG141.48
Price to Sales14.59
Price to Book Ratio2.99
Enterprise Value to Revenue14.06
Enterprise Value to EBIT21.86
Enterprise Value to Net Income24
Total Debt to Enterprise0.04
Debt to Equity0.12

Revenue Sources

No data

Insider Trades

ESG Score

No data

About CME Group Inc

CEO: Terrence Duffy