CME GROUP INC.
CME · Security & Commodity Brokers, Dealers, Exchanges & Services · 66.6M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $138M (gross $220M, SBC $83M)
Reference price $304.63 · est. market cap ~$20.3B — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A84CME Group — dominant derivatives exchange with elite margins.
Strengths
- Net margin 62.5% and operating (99th-100th pct), free cash flow 95th
- Wide-moat, recurring clearing/trading franchise; cash 100th
Risks
- Trading-volume cyclicality
- Thin liquidity ratio (current 1.0) and competitive/regulatory risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $4.5B cash & investments
- Insider buyingInsider buying — 2 open-market buy(s) by 1 insider(s) (~$437,101, last 6mo) Form 4 ↗
- Insider sellingInsider selling — 10 open-market sale(s) by 8 insider(s) (cluster of 8 insiders, ~$18M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
64.9%
Net margin
62.5%
Return on equity
14.2%
Return on assets
2.1%
Revenue growth (QoQ)
14.0%
Net-income growth
15.5%
Current ratio
1.0×
Free cash flow
$4.2B
EBITDA
$4.3B
Tangible book value
$15.6B
Cash & investments
$4.5B
Stock comp / revenue
1.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-18 | Piell Hilda Harris | Sell | 5.8K | $304.63 |
| 2026-05-15 | DUFFY TERRENCE A | Sell | 9.0K | $299.58 |
| 2026-05-15 | DUFFY TERRENCE A | Sell | 26K | $298.14 |
| 2026-03-26 | SHEPARD WILLIAM R | Buy | 62 | $297.38 |
| 2026-03-26 | SHEPARD WILLIAM R | Buy | 1.4K | $297.38 |
| 2026-03-17 | Marcus Jonathan L | Sell | 3.3K | $313.37 |
| 2026-03-17 | Marcus Jonathan L | Sell | 3.3K | $333.37 |
| 2026-03-15 | Piell Hilda Harris | Grant | 7.1K | $311.40 |
| 2026-03-15 | Sprague Suzanne | Grant | 5.5K | $311.40 |
| 2026-03-15 | Sprague Suzanne | Tax withheld | 2.4K | $311.40 |
| 2026-03-15 | Sprague Suzanne | Tax withheld | 76 | $311.40 |
| 2026-03-15 | DUFFY TERRENCE A | Grant | 63K | $311.40 |
| 2026-03-15 | DUFFY TERRENCE A | Tax withheld | 28K | $311.40 |
| 2026-03-15 | Vroman Ken | Grant | 7.1K | $311.40 |
| 2026-03-15 | Vroman Ken | Tax withheld | 3.1K | $311.40 |
| 2026-03-15 | Winkler Julie | Grant | 8.3K | $311.40 |
| 2026-03-15 | Winkler Julie | Tax withheld | 3.7K | $311.40 |
| 2026-03-15 | Sammann Derek | Grant | 8.3K | $311.40 |
| 2026-03-15 | Sammann Derek | Tax withheld | 3.6K | $311.40 |
| 2026-03-15 | Fitzpatrick Lynne | Grant | 5.5K | $311.40 |
| 2026-03-15 | Fitzpatrick Lynne | Tax withheld | 2.4K | $311.40 |
| 2026-03-15 | Fitzpatrick Lynne | Tax withheld | 76 | $311.40 |
| 2026-03-15 | Tobin Jack J | Grant | 608 | $311.40 |
| 2026-03-15 | Tobin Jack J | Tax withheld | 179 | $311.40 |
| 2026-03-15 | Cutinho Sunil | Grant | 8.3K | $311.40 |
| 2026-03-15 | Cutinho Sunil | Tax withheld | 3.7K | $311.40 |
| 2026-03-15 | Piell Hilda Harris | Tax withheld | 3.0K | $311.40 |
| 2026-03-15 | McCourt Timothy Francis | Tax withheld | 2.8K | $311.40 |
| 2026-03-15 | McCourt Timothy Francis | Tax withheld | 94 | $311.40 |
| 2026-03-15 | Marcus Jonathan L | Grant | 5.3K | $311.40 |
| 2026-03-15 | McCourt Timothy Francis | Grant | 5.5K | $311.40 |
| 2026-03-15 | Marcus Jonathan L | Tax withheld | 2.4K | $311.40 |
| 2026-03-15 | Marcus Jonathan L | Tax withheld | 261 | $311.40 |
| 2026-03-12 | Vroman Ken | Sell | 5.2K | $309.00 |
| 2026-03-11 | Tobin Jack J | Gift | 105 | — |
| 2026-03-06 | Cook Elizabeth A | Sell | 1.0K | $320.00 |
| 2026-02-23 | Durkin Bryan T | Sell | 4.2K | $309.65 |
| 2026-02-20 | GEPSMAN MARTIN J | Sell | 300 | $305.90 |
| 2026-02-06 | Suskind Dennis | Sell | 748 | $300.00 |
| 2025-12-31 | DUFFY TERRENCE A | Tax withheld | 10K | $273.08 |
| 2025-12-30 | SHEPARD WILLIAM R | Buy | 11 | $278.37 |
| 2025-12-30 | SHEPARD WILLIAM R | Buy | 251 | $278.37 |
| 2025-12-11 | DUFFY TERRENCE A | Sell | 13K | $269.10 |
| 2025-12-11 | DUFFY TERRENCE A | Sell | 12K | $270.05 |
| 2025-11-20 | Sammann Derek | Sell | 5.9K | $275.65 |
| 2025-11-20 | Sammann Derek | Sell | 1.3K | $275.74 |
| 2025-11-07 | Piell Hilda Harris | Gift | 973 | — |
| 2025-11-06 | Sammann Derek | Other | 2.3K | — |
| 2025-11-06 | Sammann Derek | Other | 2.3K | — |
| 2025-11-03 | Ford Harold Eugene Jr. | Sell | 1.0K | $263.53 |
| 2025-09-25 | SHEPARD WILLIAM R | Buy | 262 | $265.19 |
| 2025-09-25 | SHEPARD WILLIAM R | Buy | 12 | $265.22 |
| 2025-09-18 | Marcus Jonathan L | Sell | 392 | $262.00 |
| 2025-09-16 | Sammann Derek | Tax withheld | 379 | $259.83 |
| 2025-09-16 | McCourt Timothy Francis | Sell | 379 | $259.83 |
| 2025-09-16 | Cutinho Sunil | Tax withheld | 379 | $259.83 |
| 2025-09-16 | Tobin Jack J | Tax withheld | 57 | $259.83 |
| 2025-09-16 | Fitzpatrick Lynne | Tax withheld | 379 | $259.83 |
| 2025-09-16 | Winkler Julie | Tax withheld | 379 | $259.83 |
| 2025-09-16 | Dennis Michael G. | Tax withheld | 289 | $259.83 |
| 2025-09-16 | Sprague Suzanne | Tax withheld | 325 | $259.83 |
| 2025-09-16 | Piell Hilda Harris | Tax withheld | 325 | $259.83 |
| 2025-09-16 | Marcus Jonathan L | Sell | 376 | $258.96 |
| 2025-09-16 | Marcus Jonathan L | Tax withheld | 294 | $259.83 |
| 2025-09-16 | Vroman Ken | Tax withheld | 325 | $259.83 |
| 2025-09-15 | Sprague Suzanne | Grant | 3.0K | $258.83 |
| 2025-09-15 | Marcus Jonathan L | Tax withheld | 259 | $258.83 |
| 2025-09-15 | Marcus Jonathan L | Grant | 2.5K | $258.83 |
| 2025-09-15 | McCourt Timothy Francis | Tax withheld | 754 | $258.83 |
| 2025-09-15 | McCourt Timothy Francis | Grant | 2.8K | $258.83 |
| 2025-09-15 | Fitzpatrick Lynne | Tax withheld | 639 | $258.83 |
| 2025-09-15 | Fitzpatrick Lynne | Grant | 4.3K | $258.83 |
| 2025-09-15 | Sprague Suzanne | Tax withheld | 639 | $258.83 |
| 2025-09-15 | Dennis Michael G. | Grant | 2.6K | $258.83 |
| 2025-09-15 | Winkler Julie | Tax withheld | 1.1K | $258.83 |
| 2025-09-15 | Winkler Julie | Grant | 3.0K | $258.83 |
| 2025-09-15 | Tobin Jack J | Tax withheld | 143 | $258.83 |
| 2025-09-15 | Tobin Jack J | Grant | 1.5K | $258.83 |
| 2025-09-15 | Cutinho Sunil | Tax withheld | 1.1K | $258.83 |
| 2025-09-15 | Cutinho Sunil | Grant | 3.0K | $258.83 |
| 2025-09-15 | Sammann Derek | Tax withheld | 1.1K | $258.83 |
| 2025-09-15 | Sammann Derek | Grant | 3.0K | $258.83 |
| 2025-09-15 | Vroman Ken | Tax withheld | 971 | $258.83 |
| 2025-09-15 | Vroman Ken | Grant | 2.6K | $258.83 |
| 2025-09-15 | Piell Hilda Harris | Tax withheld | 953 | $258.83 |
| 2025-09-15 | Piell Hilda Harris | Grant | 2.6K | $258.83 |
| 2025-09-15 | DUFFY TERRENCE A | Grant | 23K | $258.83 |
| 2025-08-26 | Cutinho Sunil | Sell | 5.9K | $272.10 |
| 2025-08-26 | Cutinho Sunil | Sell | 6.0K | $270.85 |
| 2025-06-25 | Cook Elizabeth A | Grant | 532 | $273.03 |
| 2025-06-25 | Bitsberger Timothy S. | Grant | 532 | $273.03 |
| 2025-06-25 | Seifu Rahael | Grant | 532 | $273.03 |
| 2025-06-25 | Mulchrone Patrick J | Grant | 532 | $273.03 |
| 2025-06-25 | Lockett Phyllis M | Grant | 532 | $273.03 |
| 2025-06-25 | Lucas Deborah J | Grant | 532 | $273.03 |
| 2025-06-25 | Durkin Bryan T | Grant | 532 | $273.03 |
| 2025-06-25 | Kaye Daniel G | Grant | 532 | $273.03 |
| 2025-06-25 | Carey Charles P | Grant | 879 | $273.03 |
| 2025-06-25 | Hobert William W | Grant | 879 | $273.03 |
| 2025-06-25 | GEPSMAN MARTIN J | Grant | 532 | $273.03 |
| 2025-06-25 | SIEGEL HOWARD J | Grant | 879 | $273.03 |
| 2025-06-25 | Suskind Dennis | Grant | 532 | $273.03 |
| 2025-06-25 | Benesh Kathryn | Grant | 532 | $273.03 |
| 2025-06-25 | Tierney Robert J JR | Grant | 532 | $273.03 |
| 2025-06-25 | SHEPARD WILLIAM R | Grant | 879 | $273.03 |
| 2025-06-25 | SHEPARD WILLIAM R | Buy | 256 | $270.53 |
| 2025-06-25 | SHEPARD WILLIAM R | Buy | 11 | $270.53 |
| 2025-06-25 | Maloney Patrick W | Grant | 532 | $273.03 |
| 2025-06-25 | Ford Harold Eugene Jr. | Grant | 532 | $273.03 |
| 2025-06-10 | Carey Charles P | Sell | 150 | $265.36 |
| 2025-06-10 | Carey Charles P | Sell | 350 | $265.35 |
| 2025-05-22 | Kaye Daniel G | Sell | 500 | $282.42 |
| 2025-05-20 | Marcus Jonathan L | Sell | 390 | $277.50 |
| 2025-05-19 | Lockett Phyllis M | Sell | 1.1K | $277.88 |
| 2025-05-15 | GEPSMAN MARTIN J | Sell | 300 | $273.17 |
| 2025-05-15 | Carey Charles P | Sell | 3.0K | $272.56 |
| 2025-05-05 | Sammann Derek | Sell | 2.2K | $280.63 |
| 2025-05-05 | Sammann Derek | Sell | 2.5K | $280.60 |
| 2025-04-29 | Suskind Dennis | Sell | 1.0K | $271.28 |
| 2025-04-25 | GERDES LARRY G | Sell | 2.0K | $266.12 |
| 2025-04-24 | GERDES LARRY G | Sell | 1.0K | $263.10 |
| 2025-04-24 | GERDES LARRY G | Sell | 1.0K | $265.10 |
| 2025-03-26 | SHEPARD WILLIAM R | Buy | 12 | $262.62 |
| 2025-03-26 | SHEPARD WILLIAM R | Buy | 263 | $262.62 |
| 2025-03-18 | Sammann Derek | Other | 2.2K | — |
| 2025-03-18 | Sammann Derek | Other | 2.2K | — |
| 2025-03-15 | Sprague Suzanne | Tax withheld | 78 | $258.68 |
| 2025-03-15 | Sammann Derek | Grant | 3.9K | $258.68 |
| 2025-03-15 | Sammann Derek | Tax withheld | 1.7K | $258.68 |
| 2025-03-15 | Sprague Suzanne | Tax withheld | 153 | $258.68 |
| 2025-03-15 | Sprague Suzanne | Grant | 1.1K | $258.68 |
| 2025-03-15 | Sprague Suzanne | Tax withheld | 491 | $258.68 |
| 2025-03-15 | Marcus Jonathan L | Tax withheld | 269 | $258.68 |
| 2025-03-15 | Winkler Julie | Grant | 3.7K | $258.68 |
| 2025-03-15 | Winkler Julie | Tax withheld | 1.6K | $258.68 |
| 2025-03-15 | Fitzpatrick Lynne | Grant | 341 | $258.68 |
| 2025-03-15 | Fitzpatrick Lynne | Tax withheld | 152 | $258.68 |
| 2025-03-15 | Fitzpatrick Lynne | Grant | 1.1K | $258.68 |
| 2025-03-15 | Fitzpatrick Lynne | Tax withheld | 492 | $258.68 |
| 2025-03-15 | Fitzpatrick Lynne | Tax withheld | 78 | $258.68 |
| 2025-03-15 | Tobin Jack J | Grant | 308 | $258.68 |
| 2025-03-15 | Tobin Jack J | Tax withheld | 91 | $258.68 |
| 2025-03-15 | Vroman Ken | Grant | 3.7K | $258.68 |
| 2025-03-15 | Vroman Ken | Tax withheld | 1.6K | $258.68 |
| 2025-03-15 | McCourt Timothy Francis | Grant | 317 | $258.68 |
| 2025-03-15 | McCourt Timothy Francis | Tax withheld | 162 | $258.68 |
| 2025-03-15 | McCourt Timothy Francis | Grant | 1.1K | $258.68 |
| 2025-03-15 | McCourt Timothy Francis | Tax withheld | 579 | $258.68 |
| 2025-03-15 | McCourt Timothy Francis | Tax withheld | 96 | $258.68 |
| 2025-03-15 | Cutinho Sunil | Grant | 4.1K | $258.68 |
| 2025-03-15 | Cutinho Sunil | Tax withheld | 1.8K | $258.68 |
| 2025-03-15 | DUFFY TERRENCE A | Grant | 26K | $258.68 |
| 2025-03-15 | DUFFY TERRENCE A | Tax withheld | 11K | $258.68 |
| 2025-03-15 | Piell Hilda Harris | Grant | 3.5K | $258.68 |
| 2025-03-15 | Piell Hilda Harris | Tax withheld | 1.4K | $258.68 |
| 2025-03-15 | Sammann Derek | Grant | 3.9K | $258.68 |
| 2025-03-15 | Sammann Derek | Tax withheld | 1.7K | $258.68 |
| 2025-03-15 | Sprague Suzanne | Grant | 345 | $258.68 |
| 2025-03-14 | Lucas Deborah J | Sell | 1.5K | $256.95 |
| 2025-03-13 | SIEGEL HOWARD J | Sell | 10K | $260.00 |
| 2025-03-11 | DUFFY TERRENCE A | Sell | 30K | $259.18 |
| 2025-03-03 | Sprague Suzanne | Sell | 1.5K | $256.83 |
| 2025-02-27 | Tobin Jack J | Gift | 43 | — |
| 2025-02-27 | Piell Hilda Harris | Sell | 4.0K | $250.47 |
| 2025-02-13 | Winkler Julie | Sell | 12K | $249.17 |
| 2025-02-13 | Vroman Ken | Sell | 5.1K | $250.00 |
| 2025-01-16 | SHEPARD WILLIAM R | Buy | 60 | $227.96 |
| 2025-01-16 | SHEPARD WILLIAM R | Buy | 1.4K | $227.96 |
| 2025-01-16 | SHEPARD WILLIAM R | Buy | 1.4K | $227.96 |
| 2025-01-16 | SHEPARD WILLIAM R | Buy | 60 | $227.96 |
| 2024-12-31 | DUFFY TERRENCE A | Tax withheld | 12K | $232.23 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-17 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-06-10 | Shareholder vote | filing ↗ |
| 2026-05-19 | Shareholder vote | filing ↗ |
| 2026-04-27 | Material agreementExhibits | filing ↗ |
| 2026-04-22 | ResultsExhibits | filing ↗ |
| 2026-02-04 | ResultsExhibits | filing ↗ |
| 2026-02-02 | Reg FDExhibits | filing ↗ |
| 2025-10-22 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-17 | 2026-06-16 | 0001193125-26-273442 ↗ |
| 8-K | 2026-06-10 | 2026-06-09 | 0001156375-26-000035 ↗ |
| 8-K | 2026-05-19 | 2026-05-14 | 0001156375-26-000028 ↗ |
| 8-K | 2026-04-27 | 2026-04-22 | 0001156375-26-000022 ↗ |
| 10-Q | 2026-04-24 | 2026-03-31 | 0001156375-26-000020 ↗ |
| 8-K | 2026-04-22 | 2026-04-22 | 0001156375-26-000016 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001156375-26-000009 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001156375-26-000006 ↗ |
| 8-K | 2026-02-02 | 2026-02-02 | 0001156375-26-000002 ↗ |
| 10-Q | 2025-10-24 | 2025-09-30 | 0001156375-25-000206 ↗ |
| 8-K | 2025-10-22 | 2025-10-22 | 0001156375-25-000204 ↗ |
| 8-K | 2025-09-11 | 2025-09-09 | 0001156375-25-000190 ↗ |