COMP <GO>
CBOE vs JPM // 10Y YIELD & FRED MACRO BETA
Cboe Global Markets Inc. (CBOE) VS. JPMorgan Chase & Co. (NYSE) • 15-METRIC TALLY: CBOE 7
— JPM 7
▲ 10Y YIELD & FRED MACRO BETA LEADER: CBOE
LAST: $335.53 (+6.77%) • MKT CAP: $35.14B
macro-sensitivity
1.07
LAST: $337.04 (-1.90%) • MKT CAP: $895.92B
macro-sensitivity
1.00
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CBOE VS. JPM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CBOE | JPM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 51.50% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 26.60% | 17.37% | +9.23 | CBOE | /roic <GO> |
| EV/EBITDA & P/E Valuation | 22.5x | 9.7x | +12.83 | JPM | /valuation <GO> |
| Free Cash Flow Yield | 4.79% | -18.14% | +22.93 | CBOE | /fcf-yield <GO> |
| Operating Margin | 31.10% | 42.07% | -10.97 | JPM | /operating-margins <GO> |
| Net Profit Margin | 23.30% | 32.63% | -9.33 | JPM | /net-margins <GO> |
| Revenue Growth (YoY) | 15.40% | 13.53% | +1.87 | CBOE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.81% | 1.96% | -1.15 | JPM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 6.89 | 0.37 | +6.52 | CBOE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 2/9 | +7.00 | CBOE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.10% | 4.84% | +2.26 | JPM | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 63.9 | 49.0 | +14.83 | CBOE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.07 | 1.00 | +0.07 | CBOE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 26.8x | 13.6x | +13.23 | JPM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $35.14B | $895.92B | -$860.78B | JPM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CBOE REV | JPM REV | CBOE GROSS % | JPM GROSS % | CBOE FCF | JPM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.71B | $182.45B | 51.5% | — | $1.68B | -$147.78B |
| FY 2024 | $4.09B | $177.56B | 50.6% | — | $1.04B | -$42.01B |
| FY 2023 | $0 | $158.10B | — | — | $1.08B | $12.97B |
| FY 2022 | — | $128.69B | — | — | — | $107.12B |
| FY 2021 | — | $121.65B | — | — | — | $78.08B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CBOE // BETA 1.07
JPM // BETA 1.00