On 4 February 2022, Cboe Global Markets published its financial results for Q4 and full-year of 2021. With a major jump in diluted earnings per share (EPS), the company posted strong results across its different business segments.
In Q4 of 2021, diluted EPS touched $1.54, which is 91% higher compared to the same period in 2020. For the full-year of 2021, Cboe Global Markets reported diluted EPS of $4.92. The net revenue for the recent quarter came in at $391 million, which is up 27% YoY. For the entire year, the company posted a record net revenue of approximately $1.5 billion.
According to Edward T. Tilly, the Chairman, President and Chief Executive Officer of Cboe Global Markets, the company saw remarkable growth in key business areas during the last year. “We have demonstrated our ability to diversify and strengthen our revenue profile as a global market operator, something we believe will accelerate in 2022 as we continue to broaden our geographic reach and extend access to our unique set of products and services around the globe. Continued efforts to build on our core capabilities through organic and inorganic investment will allow Cboe to remain a leader in capital markets innovation,” Tilly said.
Cboe Global Markets started 2022 on a positive note with a spike in futures volume during January 2022.
Business Segments
In Q4 of 2021, business segments like options, North American equities, futures and global FX witnessed strong demand. As a result, the overall revenue related to these business segments also surged.
"Cboe delivered outstanding fourth quarter and full-year results. Over the course of the year, we consistently improved upon our initial expectations, leveraging strong trends in our core businesses as well as contributions from new initiatives. Notably, our fourth quarter transaction revenue grew 42% complemented by 21% growth across our recurring non-transaction businesses," said Brian N. Schell, Cboe Global Markets’ Executive Vice President, Chief Financial Officer and Treasurer.
