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CBOECboe Global Markets, Inc.

Interest Coverage Ratio: 38.02x

popular:market cap|pe ratio|revenue|price history|total return

Is the interest coverage ratio high or low?

The interest coverage ratio of 38.02x is 96% above its 5-year average of 19.42x, near the high end of its 5-year range (-15.72x–38.02x).

As of Saturday, June 27, 2026. 25.02% above its 12-month average of 30.41x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

CBOE Interest Coverage Ratio

38.02x

Reported quarterly interest coverage; no daily interpolation.

+148.10% 5Y
CBOE Interest Coverage Ratio

CBOE Average Interest Coverage Ratio Chart

CBOE Interest Coverage Ratio

CBOE Current vs Average Interest Coverage Ratio Chart

CBOE Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

38.02x

INTEREST COVERAGE RATIO AVG TTM

30.41x

INTEREST COVERAGE RATIO AVG 3Y

23.57x

INTEREST COVERAGE RATIO AVG 5Y

20.29x

INTEREST COVERAGE RATIO AVG 10Y

17.94x

INTEREST COVERAGE RATIO AVG 15Y

18.51x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+25.02%

CURRENT VS 3Y AVG

+61.31%

CURRENT VS 5Y AVG

+87.36%

CURRENT VS 10Y AVG

+111.93%

CURRENT VS 15Y AVG

+105.36%

CURRENT VS 20Y AVG

N/A

CBOE Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Cboe Global Markets, Inc. (CBOE)$25.35B38.02x30.41x23.57x20.29x
KeyCorp (KEY)vs ›$25.11B0.61x0.61x1.18x3.38x
Willis Towers Watson Public Limited Company (WTW)vs ›$25.07B8.59x5.48x5.61x6.07x
Regions Financial Corporation (RF)vs ›$25.65B1.32x1.18x3.27x5.99x
Synchrony Financial (SYF)vs ›$26.46B1.12x1.05x1.37x1.98x
W. R. Berkley Corporation (WRB)vs ›$26.53B18.40x18.12x15.80x12.77x
T. Rowe Price Group, Inc. (TROW)vs ›$23.63BN/AN/AN/AN/A
Loews Corporation (L)vs ›$23.30B5.22x4.73x4.43x4.56x
Principal Financial Group, Inc. (PFG)vs ›$23.28B643.64x685.20x1687.11x1725.47x
SoFi Technologies, Inc. (SOFI)vs ›$22.94B0.45x0.33x0.33x0.33x

Financial Health Indicators

Interest Coverage

38.0x

Debt/Equity

0.33

Current Ratio

1.87

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Cboe Global Markets, Inc. (CBOE)?
The interest coverage ratio for CBOE stock is 38.02x.
Is Cboe Global Markets, Inc.'s interest coverage ratio high or low?
The interest coverage ratio of 38.02x is 96% above its 5-year average of 19.42x, near the high end of its 5-year range (-15.72x–38.02x).
What is the TTM average interest coverage ratio for Cboe Global Markets, Inc. (CBOE)?
The TTM average interest coverage ratio for CBOE stock is 30.41x.
What is the 3Y average interest coverage ratio for Cboe Global Markets, Inc. (CBOE)?
The 3Y average interest coverage ratio for CBOE stock is 23.57x.
What is the 5Y average interest coverage ratio for Cboe Global Markets, Inc. (CBOE)?
The 5Y average interest coverage ratio for CBOE stock is 20.29x.
What is the 10Y average interest coverage ratio for Cboe Global Markets, Inc. (CBOE)?
The 10Y average interest coverage ratio for CBOE stock is 17.94x.
What is the 15Y average interest coverage ratio for Cboe Global Markets, Inc. (CBOE)?
The 15Y average interest coverage ratio for CBOE stock is 18.51x.

CBOE Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-3138.02x
2025-12-3132.24x
2025-09-3027.84x
2025-06-3026.29x
2025-03-3127.65x
2024-12-3123.14x
2024-09-3024.02x
2024-06-3016.41x
2024-03-3121.72x
2023-12-3122.27x
2023-09-3017.61x
2023-06-3014.66x
2023-03-3114.50x
2022-12-3114.65x
2022-09-3014.71x
2022-06-30-15.72x
2022-03-3120.49x
2021-12-3119.18x
2021-09-3016.30x
2021-06-3015.32x
2021-03-3116.50x
2020-09-3014.51x
2020-06-3021.85x
2020-03-3128.30x
2019-12-3115.28x
2019-09-3016.75x
2019-06-3012.52x
2019-03-3114.65x
2018-12-3118.20x
2018-09-3013.14x
2018-06-3013.31x
2018-03-3117.47x
2017-12-3110.45x
2017-09-3011.05x
2017-03-313.30x
2016-12-3113.62x
2016-09-30329.00x
2016-06-302785.71x
2015-12-312810.89x
2015-09-306319.38x
2012-12-31671.36x
2011-12-31255.73x
2011-09-30331.71x
2011-06-29253.15x
2011-03-31255.71x
2010-12-31230.46x
2010-09-30155.26x
2010-06-30186.72x
2010-03-31174.45x
2009-12-31257.64x
2009-09-30150.01x
2009-06-30218.27x
2009-03-31185.81x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

About Cboe Global Markets, Inc.

Cboe Global Markets, Inc. functions as a global operator of various financial exchanges, primarily renowned for its options trading platforms, all managed through its numerous subsidiaries. The company organizes its expansive business activities into five distinct segments. The Options segment specializes in the trading of listed market indices. Its North American Equities division facilitates transactions for listed stocks in the United States and Canada, also offering services for exchange-traded products (ETPs), encompassing both trading and listing. The Futures segment is dedicated to futures trading. The Europe and Asia Pacific division delivers a broad range of services, including transactions for pan-European listed equities and derivatives, ETPs, exchange-traded commodities, and international depository receipts, along with ETP listing and clearing provisions. Finally, the Global FX segment serves institutional foreign exchange trading and non-deliverable forward FX transactions. Cboe Global Markets has established important strategic partnerships with key players such as S&P Dow Jones Indices, LLC; FTSE International Limited; Frank Russell Company; MSCI Inc.; and DJI Opco, LLC. The company, which originated in Chicago, Illinois, in 1973, previously operated as CBOE Holdings, Inc. until its rebranding in October 2017.

Chicago, IL
1,685 employees
www.cboe.com
Financial Services / Financial - Data & Stock Exchanges
Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
CEO
Craig Steven Donohue
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