NASDAQ$CME

CME Group · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

CME Group's financial performance for Q4 2020 was reported, showing revenue of $1.1 billion and operating income of $515 million.

CME Group reported Q4 2020 revenue of $1.1 billion and operating income of $515 million. Net income was $424 million, with diluted earnings per share at $1.18. Adjusted net income was $497 million, and adjusted diluted earnings per share were $1.39.

  • CME Group remained focused on helping clients manage risk during the global pandemic.
  • The company achieved record international volume during full-year 2020.
  • Strong, double-digit, year-over-year growth was observed in the fourth quarter across Equity Index and Agricultural businesses.
  • The migration of BrokerTec business to CME Globex was completed, unlocking additional value and cost efficiencies.

Headline financials

Total Revenue

$1.1B

Previous: $1.14B-3.4%
EPS (adj)

$1.39

Previous: $1.52-8.6%
Average Daily Volume

16.2M

Previous: 16.9M-3.8%
Average Rate Per Contract

$0.70

Previous: $0.72-2.5%
Capital Expenditures

$70M

Previous: $66.4M+5.4%
Free Cash Flow

$590M

Previous: $653M-9.6%
Net Income

$424M

Previous: $469M-9.6%
Operating Income

$515M

Previous: $573M-10.1%
Gross Profit

$883M

Previous: $921M-4.1%
Cash & Equivalents

$1.63B

Previous: $1.55B+5.3%
Total Assets

$125B

Previous: $75.2B+65.7%
Stock-Based Comp

$26.7M

Previous: $2.3M+1060.9%

Revenue & EPS history

CME Group · Revenue · Quarterly

$1.1B

Q4 2020-3.4%vs Q4 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

CME Group · $1.1B total across 3 segments · Q4 2020

  • Clearing and transaction fees
    $843M-6.4%
  • Market data and information services
    $140M+7.3%
  • Other
    $116M+8.0%

Forward guidance

CME Group will continue to deliver innovative products that can address our clients' evolving needs, including Q1 launches for Ether futures, Global Emissions Offset futures and Japanese energy futures.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-0.1%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.9%

Avg return

30 days after

45%

33 / 73 earnings

Positive

+5.8%

Q1 2022

Best reaction

-6.8%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.7%-0.9%+2.4%
Q4 2025-0.3%+4.8%+8.2%
Q3 2025-0.3%+0.9%+1.7%
Q2 2025+0.3%-0.9%-4.2%
Q1 2025-1.5%+0.9%+7.0%
Q4 2024+3.0%+1.5%+7.0%
Q3 2024+1.6%+0.9%+1.3%
Q2 2024+1.0%+0.7%+4.9%
Q1 2024-2.0%-3.3%-0.9%
Q4 2023+1.7%+2.3%+4.9%
Q3 2023+0.6%-1.4%+1.4%
Q2 2023+3.9%+4.0%+6.3%
Q1 2023-1.8%-0.6%-5.9%
Q4 2022+2.9%+4.2%-1.8%
Q3 2022-1.7%-1.4%-0.5%
Q2 2022-2.1%-3.9%-3.6%
Q1 2022+5.8%+1.6%-6.3%
Q4 2021+1.1%-0.9%-6.4%
Q3 2021-0.4%-0.4%+1.3%
Q2 2021+1.3%-0.2%-5.7%
Q1 2021-0.5%-0.5%+6.8%
Q4 2020-4.8%-4.0%+8.9%
Q3 2020-5.9%-4.5%+9.6%
Q2 2020-1.7%-1.8%+6.6%
Q1 2020-3.3%-6.4%-0.9%
Q4 2019-1.6%+0.7%-14.0%
Q3 2019+2.4%-2.0%+0.9%
Q2 2019+1.7%+2.3%+10.1%
Q1 2019-3.4%-0.4%+7.4%
Q4 2018-2.8%-3.4%-5.7%
Q3 2018-1.3%+0.8%+4.5%
Q2 2018-2.4%-6.1%-0.1%
Q1 2018-2.3%-2.8%-0.9%
Q4 2017+3.7%+2.7%+8.3%
Q3 2017+2.8%+2.5%+6.0%
Q2 2017+1.3%+2.6%+2.6%
Q1 2017-3.2%-2.3%-1.7%
Q4 2016-0.8%-1.8%+2.6%
Q3 2016-2.8%-3.1%+9.7%
Q2 2016-0.5%+0.6%+3.1%
Q1 2016-2.7%
Q4 2015+4.5%
Q3 2015-1.5%
Q2 2015-1.0%
Q1 2015+1.8%
Q4 2014+5.6%
Q3 2014+2.4%
Q2 2014-2.2%
Q1 2014-1.2%
Q4 2013+0.5%
Q3 2013-1.4%
Q2 2013-2.4%
Q1 2013+0.8%
Q4 2012-2.7%
Q3 2012-2.0%
Q2 2012+2.4%
Q1 2012-1.7%
Q4 2011-0.1%
Q2 2011-0.1%
Q3 2011-6.8%
Q1 2011+0.7%
Q4 2010-2.2%
Q2 2010-2.2%
Q3 2010-0.4%
Q1 2009+3.6%
Q1 2010+1.1%
Q2 2009+1.9%
Q4 2007+1.9%
Q4 2009+1.9%
Q3 2008+2.5%
Q3 2009+2.5%
Q2 2008+0.4%
Q4 2008+0.4%

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