NASDAQ$CME

CME Group · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year of 2021.

CME Group reported Q4 2021 revenue of $1.1 billion and operating income of $632 million. Net income was $625 million, with diluted earnings per share at $1.71. Average daily volume was 20.5 million contracts, up 26% versus Q4 2020.

  • Achieved record trading volume in 2021, driven by client demand.
  • Delivered strong performance across core benchmarks, new products, and international business in 2021.
  • Announced a 10-year strategic partnership with Google Cloud to transform global derivatives markets.
  • 2022 is off to a strong start with the highest January average daily volume on record.

Headline financials

Total Revenue

$1.15B

Previous: $1.1B+4.4%
EPS (adj)

$1.66

Previous: $1.39+19.4%
Average Daily Volume

20.5M

Previous: 16.2M+26.3%
Average Rate Per Contract

$0.65

Previous: $0.70-7.0%
Capital Expenditures

$27.3M

Previous: $70M-61.0%
Free Cash Flow

$641M

Previous: $590M+8.6%
Net Income

$625M

Previous: $424M+47.5%
Operating Income

$632M

Previous: $515M+22.7%
Gross Profit

$946M

Previous: $883M+7.1%
Cash & Equivalents

$2.83B

Previous: $1.63B+73.6%
Total Assets

$197B

Previous: $125B+57.9%
Stock-Based Comp

$18.6M

Previous: $26.7M-30.3%

Revenue & EPS history

CME Group · Revenue · Quarterly

$1.15B

Q4 2021+4.4%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

CME Group · $1.15B total across 3 segments · Q4 2021

  • Clearing and transaction fees
    $949M+12.6%
  • Market data and information services
    $142M+1.6%
  • Other
    $55.9M-51.7%

Forward guidance

CME Group will continue to focus on providing risk management tools and navigating uncertainties around the world.

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 2021

Historical avgQ4 2021

-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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