Cboe Global Markets, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.10B | $764.9M | $761.4M | $235.0M | $529.0M | $468.2M | $374.9M | $426.5M |
| Depreciation & Amortization | $122.4M | $133.0M | $158.0M | $166.8M | $167.4M | $158.5M | $176.6M | $204.0M |
| Depreciation | $42.0M | $34.0M | $33.0M | $35.3M | $33.5M | $26.8M | $24.5M | $25.1M |
| Amortization | $70.2M | $88.7M | $116.6M | $124.3M | $126.6M | $124.8M | $138.6M | $160.0M |
| Stock-Based Compensation | $50.4M | $41.8M | $41.3M | $30.7M | $26.6M | $21.7M | $21.8M | $35.1M |
| Net Cash from Operating Activities | $1.75B | $1.10B | $1.08B | $651.1M | $596.8M | $1.46B | $632.8M | $534.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $71.0M | $60.9M | $45.0M | $59.8M | $51.0M | $47.4M | $35.1M | $36.3M |
| Business Acquisitions | — | $0 | $0 | $708.3M | $151.5M | $351.5M | — | — |
| Net Cash from Investing Activities | $450.2M | $-141.8M | $-55.1M | $-835.1M | $-352.7M | $-430.5M | $-15.9M | $-25.6M |
| Financing Activities | ||||||||
| Dividends Paid | $284.3M | $249.4M | $223.5M | $209.4M | $193.3M | $170.6M | $150.0M | $130.3M |
| Stock Repurchases | $66.7M | $204.8M | $83.9M | $100.9M | $81.3M | $349.1M | $156.9M | $140.9M |
| Net Cash from Financing Activities | $-371.6M | $-495.0M | $-656.1M | $81.7M | $-200.3M | $-201.7M | $-662.9M | $-371.6M |
| Net Change in Cash | $2.10B | $368.7M | $417.2M | $-112.3M | $34.7M | $828.2M | $-45.8M | $131.6M |
| Free Cash Flow | $1.68B | $1.04B | $1.03B | $591.3M | $545.8M | $1.41B | $597.7M | $498.4M |