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Side-by-side financial comparison of Cboe Global Markets (CBOE) and RUSH ENTERPRISES INC \TX\ (RUSHA). Click either name above to swap in a different company.

RUSH ENTERPRISES INC \TX\ is the larger business by last-quarter revenue ($1.7B vs $1.3B, roughly 1.3× Cboe Global Markets). Cboe Global Markets runs the higher net margin — 30.3% vs 3.7%, a 26.6% gap on every dollar of revenue. On growth, Cboe Global Markets posted the faster year-over-year revenue change (6.5% vs -9.0%). Over the past eight quarters, Cboe Global Markets's revenue compounded faster (14.3% CAGR vs -6.8%).

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.

Rush Enterprises is an American commercial vehicle dealership headquartered in New Braunfels, Texas. It primarily sells new and used trucks, through its Rush Truck Centers. In 2019, the company operated over 200 Rush Truck Centers in 20 U.S. states as well as 14 locations in Canada. As of 2020, it was a Fortune 500 corporation.

CBOE vs RUSHA — Head-to-Head

Bigger by revenue
RUSHA
RUSHA
1.3× larger
RUSHA
$1.7B
$1.3B
CBOE
Growing faster (revenue YoY)
CBOE
CBOE
+15.5% gap
CBOE
6.5%
-9.0%
RUSHA
Higher net margin
CBOE
CBOE
26.6% more per $
CBOE
30.3%
3.7%
RUSHA
Faster 2-yr revenue CAGR
CBOE
CBOE
Annualised
CBOE
14.3%
-6.8%
RUSHA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBOE
CBOE
RUSHA
RUSHA
Revenue
$1.3B
$1.7B
Net Profit
$385.7M
$61.7M
Gross Margin
57.3%
20.4%
Operating Margin
39.7%
4.9%
Net Margin
30.3%
3.7%
Revenue YoY
6.5%
-9.0%
Net Profit YoY
53.9%
1.8%
EPS (diluted)
$3.66
$0.77

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.

Revenue
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$1.3B
$1.7B
Q4 25
$1.2B
$1.7B
Q3 25
$1.1B
$1.8B
Q2 25
$1.2B
$1.8B
Q1 25
$1.2B
$1.8B
Q4 24
$1.1B
$1.9B
Q3 24
$1.1B
$1.8B
Q2 24
$974.0M
$1.9B
Net Profit
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$385.7M
$61.7M
Q4 25
$313.5M
$64.3M
Q3 25
$300.8M
$66.7M
Q2 25
$235.1M
$72.4M
Q1 25
$250.6M
$60.3M
Q4 24
$196.5M
$74.8M
Q3 24
$218.5M
$79.1M
Q2 24
$140.4M
$78.7M
Gross Margin
CBOE
CBOE
RUSHA
RUSHA
Q1 26
57.3%
20.4%
Q4 25
55.7%
20.8%
Q3 25
53.0%
21.0%
Q2 25
50.0%
20.7%
Q1 25
47.3%
20.3%
Q4 24
47.4%
19.3%
Q3 24
50.4%
21.0%
Q2 24
52.8%
20.2%
Operating Margin
CBOE
CBOE
RUSHA
RUSHA
Q1 26
39.7%
4.9%
Q4 25
33.5%
5.5%
Q3 25
32.4%
5.6%
Q2 25
28.9%
6.0%
Q1 25
29.6%
5.2%
Q4 24
27.0%
5.8%
Q3 24
29.1%
6.7%
Q2 24
21.6%
6.4%
Net Margin
CBOE
CBOE
RUSHA
RUSHA
Q1 26
30.3%
3.7%
Q4 25
26.0%
3.8%
Q3 25
26.3%
3.7%
Q2 25
20.0%
3.9%
Q1 25
21.0%
3.4%
Q4 24
17.7%
3.9%
Q3 24
20.7%
4.4%
Q2 24
14.4%
4.1%
EPS (diluted)
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$3.66
$0.77
Q4 25
$2.97
$0.81
Q3 25
$2.85
$0.83
Q2 25
$2.23
$0.90
Q1 25
$2.37
$0.73
Q4 24
$1.85
$-95.13
Q3 24
$2.07
$0.97
Q2 24
$1.33
$97.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBOE
CBOE
RUSHA
RUSHA
Cash + ST InvestmentsLiquidity on hand
$2.1B
Total DebtLower is stronger
$1.4B
$277.8M
Stockholders' EquityBook value
$5.4B
$2.3B
Total Assets
$11.1B
$4.5B
Debt / EquityLower = less leverage
0.27×
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$2.1B
Q4 25
$2.3B
$212.6M
Q3 25
$1.5B
$242.0M
Q2 25
$1.5B
$211.1M
Q1 25
$1.2B
$228.7M
Q4 24
$1.0B
$228.1M
Q3 24
$763.2M
$185.1M
Q2 24
$698.3M
$167.3M
Total Debt
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$1.4B
$277.8M
Q4 25
$1.4B
$274.8M
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
$408.4M
Q3 24
$1.4B
Q2 24
$1.4B
Stockholders' Equity
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$5.4B
$2.3B
Q4 25
$5.1B
$2.2B
Q3 25
$4.9B
$2.2B
Q2 25
$4.7B
$2.2B
Q1 25
$4.5B
$2.2B
Q4 24
$4.3B
$2.1B
Q3 24
$4.2B
$2.1B
Q2 24
$4.0B
$2.0B
Total Assets
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$11.1B
$4.5B
Q4 25
$9.3B
$4.4B
Q3 25
$9.1B
$4.6B
Q2 25
$9.0B
$4.7B
Q1 25
$8.7B
$4.7B
Q4 24
$7.8B
$4.6B
Q3 24
$8.7B
$4.6B
Q2 24
$9.3B
$4.5B
Debt / Equity
CBOE
CBOE
RUSHA
RUSHA
Q1 26
0.27×
0.12×
Q4 25
0.28×
0.12×
Q3 25
0.30×
Q2 25
0.31×
Q1 25
0.32×
Q4 24
0.34×
0.19×
Q3 24
0.34×
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
CBOE
CBOE
RUSHA
RUSHA
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$411.6M
FCF MarginFCF / Revenue
24.4%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$828.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBOE
CBOE
RUSHA
RUSHA
Q1 26
Q4 25
$352.1M
$112.9M
Q3 25
$153.9M
$367.8M
Q2 25
$333.7M
$227.6M
Q1 25
$912.9M
$153.5M
Q4 24
$-710.4M
$392.3M
Q3 24
$-578.5M
$111.7M
Q2 24
$1.5B
$270.6M
Free Cash Flow
CBOE
CBOE
RUSHA
RUSHA
Q1 26
$411.6M
Q4 25
$332.1M
$31.9M
Q3 25
$137.9M
$271.2M
Q2 25
$313.4M
$113.8M
Q1 25
$898.2M
$45.1M
Q4 24
$-734.2M
$263.5M
Q3 24
$-590.5M
$-20.0M
Q2 24
$1.5B
$177.2M
FCF Margin
CBOE
CBOE
RUSHA
RUSHA
Q1 26
24.4%
Q4 25
27.6%
1.9%
Q3 25
12.1%
15.2%
Q2 25
26.7%
6.2%
Q1 25
75.2%
2.6%
Q4 24
-66.3%
13.7%
Q3 24
-55.9%
-1.1%
Q2 24
151.6%
9.1%
Capex Intensity
CBOE
CBOE
RUSHA
RUSHA
Q1 26
2.0%
Q4 25
1.7%
4.8%
Q3 25
1.4%
5.4%
Q2 25
1.7%
6.2%
Q1 25
1.2%
6.2%
Q4 24
2.1%
6.7%
Q3 24
1.1%
7.3%
Q2 24
1.8%
4.8%
Cash Conversion
CBOE
CBOE
RUSHA
RUSHA
Q1 26
Q4 25
1.12×
1.75×
Q3 25
0.51×
5.51×
Q2 25
1.42×
3.14×
Q1 25
3.64×
2.55×
Q4 24
-3.62×
5.25×
Q3 24
-2.65×
1.41×
Q2 24
10.64×
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CBOE
CBOE

Derivatives markets$609.3M48%
Cash and spot markets$482.2M38%
Data Vantage$181.3M14%

RUSHA
RUSHA

New and used commercial vehicle sales$955.1M57%
Aftermarket products and services sales$627.2M37%
Lease and rental sales$92.3M5%
Finance and insurance$5.6M0%

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