WallStSmart

Cboe Global Markets Inc (CBOE)vsS&P Global Inc (SPGI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

S&P Global Inc generates 219% more annual revenue ($16.12B vs $5.06B). SPGI leads profitability with a 30.5% profit margin vs 26.7%. SPGI appears more attractively valued with a PEG of 2.00. CBOE earns a higher WallStSmart Score of 74/100 (B).

CBOE

Strong Buy

74

out of 100

Grade: B

Growth: 8.0Profit: 9.0Value: 4.3Quality: 7.5
Piotroski: 4/9Altman Z: 2.62

SPGI

Strong Buy

67

out of 100

Grade: B-

Growth: 7.3Profit: 8.5Value: 5.0Quality: 5.5
Piotroski: 5/9Altman Z: 1.98

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CBOE6 strengths · Avg: 9.2/10
Operating MarginProfitability
34.6%10/10

Strong operational efficiency at 34.6%

EPS GrowthGrowth
50.2%10/10

Earnings expanding 50.2% YoY

Return on EquityProfitability
24.1%9/10

Every $100 of equity generates 24 in profit

Profit MarginProfitability
26.7%9/10

Keeps 27 of every $100 in revenue as profit

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
22.9%8/10

Revenue surging 22.9% year-over-year

SPGI4 strengths · Avg: 9.3/10
Profit MarginProfitability
30.5%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
44.8%10/10

Strong operational efficiency at 44.8%

Market CapQuality
$120.99B9/10

Large-cap with strong market position

Free Cash FlowQuality
$1.40B8/10

Generating 1.4B in free cash flow

Areas to Watch

CBOE2 concerns · Avg: 2.0/10
PEG RatioValuation
2.642/10

Expensive relative to growth rate

Free Cash FlowQuality
$-536.30M2/10

Negative free cash flow — burning cash

SPGI2 concerns · Avg: 4.0/10
PEG RatioValuation
2.004/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.984/10

Grey zone — moderate risk

Comparative Analysis Report

WallStSmart Research

Bull Case : CBOE

The strongest argument for CBOE centers on Operating Margin, EPS Growth, Return on Equity. Profitability is solid with margins at 26.7% and operating margin at 34.6%. Revenue growth of 22.9% demonstrates continued momentum.

Bull Case : SPGI

The strongest argument for SPGI centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 30.5% and operating margin at 44.8%. Revenue growth of 10.4% demonstrates continued momentum.

Bear Case : CBOE

The primary concerns for CBOE are PEG Ratio, Free Cash Flow.

Bear Case : SPGI

The primary concerns for SPGI are PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

CBOE profiles as a growth stock while SPGI is a mature play — different risk/reward profiles.

SPGI carries more volatility with a beta of 1.08 — expect wider price swings.

CBOE is growing revenue faster at 22.9% — sustainability is the question.

SPGI generates stronger free cash flow (1.4B), providing more financial flexibility.

Bottom Line

CBOE scores higher overall (74/100 vs 67/100), backed by strong 26.7% margins and 22.9% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Cboe Global Markets Inc

FINANCIAL SERVICES · FINANCIAL DATA & STOCK EXCHANGES · USA

Cboe Global Markets is an American company that owns the Chicago Board Options Exchange and the stock exchange operator BATS Global Markets.

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S&P Global Inc

FINANCIAL SERVICES · FINANCIAL DATA & STOCK EXCHANGES · USA

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics.

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