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Side-by-side financial comparison of Cboe Global Markets (CBOE) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
Cboe Global Markets is the larger business by last-quarter revenue ($1.3B vs $809.5M, roughly 1.6× Construction Partners, Inc.). Cboe Global Markets runs the higher net margin — 30.3% vs 2.1%, a 28.2% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 6.5%). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 14.3%).
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.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
CBOE vs ROAD — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $809.5M |
| Net Profit | $385.7M | $17.2M |
| Gross Margin | 57.3% | 15.0% |
| Operating Margin | 39.7% | 6.2% |
| Net Margin | 30.3% | 2.1% |
| Revenue YoY | 6.5% | 44.1% |
| Net Profit YoY | 53.9% | 663.9% |
| EPS (diluted) | $3.66 | $0.31 |
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 | $809.5M | ||
| Q3 25 | $1.1B | $899.8M | ||
| Q2 25 | $1.2B | $779.3M | ||
| Q1 25 | $1.2B | $571.6M | ||
| Q4 24 | $1.1B | $561.6M | ||
| Q3 24 | $1.1B | $538.2M | ||
| Q2 24 | $974.0M | $517.8M |
| Q1 26 | $385.7M | — | ||
| Q4 25 | $313.5M | $17.2M | ||
| Q3 25 | $300.8M | $56.6M | ||
| Q2 25 | $235.1M | $44.0M | ||
| Q1 25 | $250.6M | $4.2M | ||
| Q4 24 | $196.5M | $-3.1M | ||
| Q3 24 | $218.5M | $29.3M | ||
| Q2 24 | $140.4M | $30.9M |
| Q1 26 | 57.3% | — | ||
| Q4 25 | 55.7% | 15.0% | ||
| Q3 25 | 53.0% | 17.7% | ||
| Q2 25 | 50.0% | 16.9% | ||
| Q1 25 | 47.3% | 12.5% | ||
| Q4 24 | 47.4% | 13.6% | ||
| Q3 24 | 50.4% | 15.6% | ||
| Q2 24 | 52.8% | 16.1% |
| Q1 26 | 39.7% | — | ||
| Q4 25 | 33.5% | 6.2% | ||
| Q3 25 | 32.4% | 11.2% | ||
| Q2 25 | 28.9% | 10.6% | ||
| Q1 25 | 29.6% | 4.8% | ||
| Q4 24 | 27.0% | 2.5% | ||
| Q3 24 | 29.1% | 8.5% | ||
| Q2 24 | 21.6% | 8.8% |
| Q1 26 | 30.3% | — | ||
| Q4 25 | 26.0% | 2.1% | ||
| Q3 25 | 26.3% | 6.3% | ||
| Q2 25 | 20.0% | 5.7% | ||
| Q1 25 | 21.0% | 0.7% | ||
| Q4 24 | 17.7% | -0.5% | ||
| Q3 24 | 20.7% | 5.4% | ||
| Q2 24 | 14.4% | 6.0% |
| Q1 26 | $3.66 | — | ||
| Q4 25 | $2.97 | $0.31 | ||
| Q3 25 | $2.85 | $1.03 | ||
| Q2 25 | $2.23 | $0.79 | ||
| Q1 25 | $2.37 | $0.08 | ||
| Q4 24 | $1.85 | $-0.06 | ||
| Q3 24 | $2.07 | $0.55 | ||
| Q2 24 | $1.33 | $0.59 |
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 | $104.1M |
| Total DebtLower is stronger | $1.4B | — |
| Stockholders' EquityBook value | $5.4B | $969.1M |
| Total Assets | $11.1B | $3.4B |
| Debt / EquityLower = less leverage | 0.27× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.3B | $104.1M | ||
| Q3 25 | $1.5B | $156.1M | ||
| Q2 25 | $1.5B | $114.3M | ||
| Q1 25 | $1.2B | $101.9M | ||
| Q4 24 | $1.0B | $132.5M | ||
| Q3 24 | $763.2M | $74.7M | ||
| Q2 24 | $698.3M | $56.3M |
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | $1.6B | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | $515.0M | ||
| Q2 24 | $1.4B | — |
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.1B | $969.1M | ||
| Q3 25 | $4.9B | $912.0M | ||
| Q2 25 | $4.7B | $853.3M | ||
| Q1 25 | $4.5B | $807.9M | ||
| Q4 24 | $4.3B | $811.1M | ||
| Q3 24 | $4.2B | $573.7M | ||
| Q2 24 | $4.0B | $552.9M |
| Q1 26 | $11.1B | — | ||
| Q4 25 | $9.3B | $3.4B | ||
| Q3 25 | $9.1B | $3.2B | ||
| Q2 25 | $9.0B | $2.9B | ||
| Q1 25 | $8.7B | $2.8B | ||
| Q4 24 | $7.8B | $2.6B | ||
| Q3 24 | $8.7B | $1.5B | ||
| Q2 24 | $9.3B | $1.4B |
| Q1 26 | 0.27× | — | ||
| Q4 25 | 0.28× | — | ||
| Q3 25 | 0.30× | 1.78× | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.34× | — | ||
| Q3 24 | 0.34× | 0.90× | ||
| Q2 24 | 0.36× | — |
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 | — | $82.6M |
| Free Cash FlowOCF − Capex | — | $47.1M |
| FCF MarginFCF / Revenue | — | 5.8% |
| Capex IntensityCapex / Revenue | — | 4.4% |
| Cash ConversionOCF / Net Profit | — | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $352.1M | $82.6M | ||
| Q3 25 | $153.9M | $112.0M | ||
| Q2 25 | $333.7M | $83.0M | ||
| Q1 25 | $912.9M | $55.6M | ||
| Q4 24 | $-710.4M | $40.7M | ||
| Q3 24 | $-578.5M | $95.9M | ||
| Q2 24 | $1.5B | $34.6M |
| Q1 26 | — | — | ||
| Q4 25 | $332.1M | $47.1M | ||
| Q3 25 | $137.9M | $78.9M | ||
| Q2 25 | $313.4M | $46.4M | ||
| Q1 25 | $898.2M | $14.2M | ||
| Q4 24 | $-734.2M | $13.8M | ||
| Q3 24 | $-590.5M | $78.4M | ||
| Q2 24 | $1.5B | $19.7M |
| Q1 26 | — | — | ||
| Q4 25 | 27.6% | 5.8% | ||
| Q3 25 | 12.1% | 8.8% | ||
| Q2 25 | 26.7% | 5.9% | ||
| Q1 25 | 75.2% | 2.5% | ||
| Q4 24 | -66.3% | 2.5% | ||
| Q3 24 | -55.9% | 14.6% | ||
| Q2 24 | 151.6% | 3.8% |
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | 4.4% | ||
| Q3 25 | 1.4% | 3.7% | ||
| Q2 25 | 1.7% | 4.7% | ||
| Q1 25 | 1.2% | 7.2% | ||
| Q4 24 | 2.1% | 4.8% | ||
| Q3 24 | 1.1% | 3.3% | ||
| Q2 24 | 1.8% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.12× | 4.80× | ||
| Q3 25 | 0.51× | 1.98× | ||
| Q2 25 | 1.42× | 1.88× | ||
| Q1 25 | 3.64× | 13.20× | ||
| Q4 24 | -3.62× | — | ||
| Q3 24 | -2.65× | 3.27× | ||
| Q2 24 | 10.64× | 1.12× |
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% |
ROAD
Segment breakdown not available.
