vs
Side-by-side financial comparison of Cboe Global Markets (CBOE) and LCI INDUSTRIES (LCII). Click either name above to swap in a different company.
Cboe Global Markets is the larger business by last-quarter revenue ($1.3B vs $932.7M, roughly 1.4× LCI INDUSTRIES). Cboe Global Markets runs the higher net margin — 30.3% vs 2.0%, a 28.3% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 6.5%). Over the past eight quarters, Cboe Global Markets's revenue compounded faster (14.3% CAGR vs -1.8%).
Cboe Global Markets, Inc. is an American financial exchange operator headquartered in Chicago. It owns and operates a portfolio of exchanges and trading venues across equities, options, futures, and digital assets.
Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.
CBOE vs LCII — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $932.7M |
| Net Profit | $385.7M | $18.7M |
| Gross Margin | 57.3% | 22.1% |
| Operating Margin | 39.7% | 3.8% |
| Net Margin | 30.3% | 2.0% |
| Revenue YoY | 6.5% | 16.1% |
| Net Profit YoY | 53.9% | 95.7% |
| EPS (diluted) | $3.66 | $0.79 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.2B | $932.7M | ||
| Q3 25 | $1.1B | $1.0B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.1B | $803.1M | ||
| Q3 24 | $1.1B | $915.5M | ||
| Q2 24 | $974.0M | $1.1B |
| Q1 26 | $385.7M | — | ||
| Q4 25 | $313.5M | $18.7M | ||
| Q3 25 | $300.8M | $62.5M | ||
| Q2 25 | $235.1M | $57.6M | ||
| Q1 25 | $250.6M | $49.4M | ||
| Q4 24 | $196.5M | $9.5M | ||
| Q3 24 | $218.5M | $35.6M | ||
| Q2 24 | $140.4M | $61.2M |
| Q1 26 | 57.3% | — | ||
| Q4 25 | 55.7% | 22.1% | ||
| Q3 25 | 53.0% | 24.4% | ||
| Q2 25 | 50.0% | 24.4% | ||
| Q1 25 | 47.3% | 24.1% | ||
| Q4 24 | 47.4% | 21.1% | ||
| Q3 24 | 50.4% | 24.0% | ||
| Q2 24 | 52.8% | 25.3% |
| Q1 26 | 39.7% | — | ||
| Q4 25 | 33.5% | 3.8% | ||
| Q3 25 | 32.4% | 7.3% | ||
| Q2 25 | 28.9% | 7.9% | ||
| Q1 25 | 29.6% | 7.8% | ||
| Q4 24 | 27.0% | 2.0% | ||
| Q3 24 | 29.1% | 5.9% | ||
| Q2 24 | 21.6% | 8.6% |
| Q1 26 | 30.3% | — | ||
| Q4 25 | 26.0% | 2.0% | ||
| Q3 25 | 26.3% | 6.0% | ||
| Q2 25 | 20.0% | 5.2% | ||
| Q1 25 | 21.0% | 4.7% | ||
| Q4 24 | 17.7% | 1.2% | ||
| Q3 24 | 20.7% | 3.9% | ||
| Q2 24 | 14.4% | 5.8% |
| Q1 26 | $3.66 | — | ||
| Q4 25 | $2.97 | $0.79 | ||
| Q3 25 | $2.85 | $2.55 | ||
| Q2 25 | $2.23 | $2.29 | ||
| Q1 25 | $2.37 | $1.94 | ||
| Q4 24 | $1.85 | $0.37 | ||
| Q3 24 | $2.07 | $1.39 | ||
| Q2 24 | $1.33 | $2.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.1B | $222.6M |
| Total DebtLower is stronger | $1.4B | $945.2M |
| Stockholders' EquityBook value | $5.4B | $1.4B |
| Total Assets | $11.1B | $3.2B |
| Debt / EquityLower = less leverage | 0.27× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.3B | $222.6M | ||
| Q3 25 | $1.5B | $199.7M | ||
| Q2 25 | $1.5B | $191.9M | ||
| Q1 25 | $1.2B | $231.2M | ||
| Q4 24 | $1.0B | $165.8M | ||
| Q3 24 | $763.2M | $161.2M | ||
| Q2 24 | $698.3M | $130.4M |
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $945.2M | ||
| Q3 25 | $1.4B | $947.8M | ||
| Q2 25 | $1.4B | $948.0M | ||
| Q1 25 | $1.4B | $938.3M | ||
| Q4 24 | $1.4B | $757.3M | ||
| Q3 24 | $1.4B | $822.5M | ||
| Q2 24 | $1.4B | $829.7M |
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.1B | $1.4B | ||
| Q3 25 | $4.9B | $1.4B | ||
| Q2 25 | $4.7B | $1.4B | ||
| Q1 25 | $4.5B | $1.4B | ||
| Q4 24 | $4.3B | $1.4B | ||
| Q3 24 | $4.2B | $1.4B | ||
| Q2 24 | $4.0B | $1.4B |
| Q1 26 | $11.1B | — | ||
| Q4 25 | $9.3B | $3.2B | ||
| Q3 25 | $9.1B | $3.2B | ||
| Q2 25 | $9.0B | $3.2B | ||
| Q1 25 | $8.7B | $3.1B | ||
| Q4 24 | $7.8B | $2.9B | ||
| Q3 24 | $8.7B | $3.0B | ||
| Q2 24 | $9.3B | $3.0B |
| Q1 26 | 0.27× | — | ||
| Q4 25 | 0.28× | 0.69× | ||
| Q3 25 | 0.30× | 0.70× | ||
| Q2 25 | 0.31× | 0.68× | ||
| Q1 25 | 0.32× | 0.69× | ||
| Q4 24 | 0.34× | 0.55× | ||
| Q3 24 | 0.34× | 0.58× | ||
| Q2 24 | 0.36× | 0.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $78.9M |
| Free Cash FlowOCF − Capex | — | $64.3M |
| FCF MarginFCF / Revenue | — | 6.9% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | — | 4.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $278.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $352.1M | $78.9M | ||
| Q3 25 | $153.9M | $97.2M | ||
| Q2 25 | $333.7M | $112.2M | ||
| Q1 25 | $912.9M | $42.7M | ||
| Q4 24 | $-710.4M | $106.6M | ||
| Q3 24 | $-578.5M | $78.4M | ||
| Q2 24 | $1.5B | $192.9M |
| Q1 26 | — | — | ||
| Q4 25 | $332.1M | $64.3M | ||
| Q3 25 | $137.9M | $80.9M | ||
| Q2 25 | $313.4M | $99.5M | ||
| Q1 25 | $898.2M | $33.7M | ||
| Q4 24 | $-734.2M | $95.7M | ||
| Q3 24 | $-590.5M | $68.3M | ||
| Q2 24 | $1.5B | $180.2M |
| Q1 26 | — | — | ||
| Q4 25 | 27.6% | 6.9% | ||
| Q3 25 | 12.1% | 7.8% | ||
| Q2 25 | 26.7% | 9.0% | ||
| Q1 25 | 75.2% | 3.2% | ||
| Q4 24 | -66.3% | 11.9% | ||
| Q3 24 | -55.9% | 7.5% | ||
| Q2 24 | 151.6% | 17.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | 1.6% | ||
| Q3 25 | 1.4% | 1.6% | ||
| Q2 25 | 1.7% | 1.2% | ||
| Q1 25 | 1.2% | 0.9% | ||
| Q4 24 | 2.1% | 1.4% | ||
| Q3 24 | 1.1% | 1.1% | ||
| Q2 24 | 1.8% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.12× | 4.22× | ||
| Q3 25 | 0.51× | 1.55× | ||
| Q2 25 | 1.42× | 1.95× | ||
| Q1 25 | 3.64× | 0.86× | ||
| Q4 24 | -3.62× | 11.17× | ||
| Q3 24 | -2.65× | 2.20× | ||
| Q2 24 | 10.64× | 3.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBOE
| Derivatives markets | $609.3M | 48% |
| Cash and spot markets | $482.2M | 38% |
| Data Vantage | $181.3M | 14% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
