Cboe Global Markets, Inc. (CBOE) vs Northern Trust Corporation (NTRS)
CBOE and NTRS are evenly matched — 7 metrics each of 14.
A side-by-side comparison of Cboe Global Markets, Inc. and Northern Trust Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CBOE
Cboe Global Markets, Inc.
$267.85Financial Services
NTRS
Northern Trust Corporation
$182.86Financial Services
Total return — CBOE vs NTRS
growth of $100 · last 16yCBOE +715.6%NTRS +264.7%CBOE compounded faster
CBOE NTRS
CBOE vs NTRS: by the numbers
- •NTRS is the larger company ($33.84B vs $28.03B market cap).
- •NTRS trades at the lower earnings multiple (18.84 vs 22.63 P/E).
- •CBOE converts more revenue to profit (25.77% vs 12.83% net margin).
- •NTRS grew revenue faster over the past five years (18.70% vs 6.39% CAGR).
- •NTRS pays the higher dividend yield (1.78% vs 1.09%).
Which is better, CBOE or NTRS?
Metric tally: CBOE 7 · NTRS 7It depends on what you're optimizing for:
ValueNTRS(lower P/E)
GrowthNTRS(faster 5Y revenue CAGR)
IncomeNTRS(higher dividend yield)
QualityCBOE(higher ROIC)
Metrics side by side
Valuation
| Metric | CBOE | NTRS |
|---|---|---|
| P/E ratio | 22.63 | 18.84● |
| Forward P/E | 19.58 | 16.33● |
| P/S ratio | 5.81 | 2.30● |
| P/B ratio | 5.18 | 2.58● |
| PEG ratio | 0.54● | 1.90 |
Profitability
| Metric | CBOE | NTRS |
|---|---|---|
| Gross margin | 52.22% | 57.34%● |
| Operating margin | 34.30%● | 17.23% |
| Net margin | 25.77%● | 12.83% |
| ROE | 22.99%● | 14.40% |
| ROIC | 15.31%● | 5.04% |
Dividends
| Metric | CBOE | NTRS |
|---|---|---|
| Dividend yield | 1.09% | 1.78%● |
| Payout ratio | 27.53% | 36.41% |
Growth (annualized)
| Metric | CBOE | NTRS |
|---|---|---|
| Revenue CAGR (5Y) | 6.39% | 18.70%● |
| EPS CAGR (5Y) | 19.57%● | 9.91% |
| Total return CAGR (5Y) | 19.50%● | 13.38% |
Frequently asked
- Which is better, CBOE or NTRS?
- It depends on your goal. value: NTRS (lower P/E); growth: NTRS (faster 5Y revenue CAGR); income: NTRS (higher dividend yield); quality: CBOE (higher ROIC). Across all compared metrics, they are evenly matched.
- Is CBOE or NTRS cheaper?
- On trailing earnings, NTRS is cheaper: CBOE trades at a 22.63 P/E and NTRS at 18.84.
- Which has grown faster, CBOE or NTRS?
- Over the past five years, NTRS grew revenue faster — CBOE at a 6.39% CAGR versus NTRS at 18.70%.
- Does CBOE or NTRS pay a bigger dividend?
- CBOE yields 1.09% and NTRS yields 1.78% based on trailing dividends and the latest price.
- Is CBOE or NTRS more profitable?
- CBOE runs the higher net margin — CBOE at 25.77% versus NTRS at 12.83%.
- Which has been the better investment, CBOE or NTRS?
- Over the past 10-year, CBOE delivered the higher annualized total return — CBOE at 16.16% versus NTRS at 13.87%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Cboe Global Markets P/E ratioNorthern Trust P/E ratioCboe Global Markets dividend yieldNorthern Trust dividend yieldCboe Global Markets ROENorthern Trust ROECboe Global Markets operating marginNorthern Trust operating marginCboe Global Markets revenue growthNorthern Trust revenue growthCboe Global Markets free cash flowNorthern Trust free cash flow
Cboe Global Markets & Northern Trust appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 9, 2026.