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Side-by-side financial comparison of CME Group (CME) and Expeditors International (EXPD). Click either name above to swap in a different company.

Expeditors International is the larger business by last-quarter revenue ($2.9B vs $1.9B, roughly 1.5× CME Group). Expeditors International runs the higher net margin — 7.0% vs 0.1%, a 7.0% gap on every dollar of revenue. On growth, CME Group posted the faster year-over-year revenue change (14.5% vs -3.3%). Over the past eight quarters, Expeditors International's revenue compounded faster (13.8% CAGR vs 10.8%).

CME Group Inc. is an American financial services company based in Chicago, Illinois. It operates financial derivatives exchanges, including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX). The company owns 27% of S&P Dow Jones Indices. It is the world's largest operator of financial derivatives exchanges. Its exchanges are platforms for trading in agricultural products, currencies, energy, i...

Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.

CME vs EXPD — Head-to-Head

Bigger by revenue
EXPD
EXPD
1.5× larger
EXPD
$2.9B
$1.9B
CME
Growing faster (revenue YoY)
CME
CME
+17.8% gap
CME
14.5%
-3.3%
EXPD
Higher net margin
EXPD
EXPD
7.0% more per $
EXPD
7.0%
0.1%
CME
Faster 2-yr revenue CAGR
EXPD
EXPD
Annualised
EXPD
13.8%
10.8%
CME

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CME
CME
EXPD
EXPD
Revenue
$1.9B
$2.9B
Net Profit
$1.2M
$200.7M
Gross Margin
Operating Margin
0.1%
8.8%
Net Margin
0.1%
7.0%
Revenue YoY
14.5%
-3.3%
Net Profit YoY
20.7%
-14.9%
EPS (diluted)
$1.50

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
CME
CME
EXPD
EXPD
Q1 26
$1.9B
Q4 25
$1.6B
$2.9B
Q3 25
$1.5B
$2.9B
Q2 25
$1.7B
$2.7B
Q1 25
$1.6B
$2.7B
Q4 24
$1.5B
$3.0B
Q3 24
$1.6B
$3.0B
Q2 24
$1.5B
$2.4B
Net Profit
CME
CME
EXPD
EXPD
Q1 26
$1.2M
Q4 25
$1.2B
$200.7M
Q3 25
$908.0M
$222.3M
Q2 25
$1.0B
$183.6M
Q1 25
$956.2M
$203.8M
Q4 24
$874.6M
$235.9M
Q3 24
$912.8M
$229.6M
Q2 24
$883.2M
$175.5M
Operating Margin
CME
CME
EXPD
EXPD
Q1 26
0.1%
Q4 25
61.8%
8.8%
Q3 25
63.3%
10.0%
Q2 25
66.7%
9.3%
Q1 25
67.5%
10.0%
Q4 24
62.1%
10.2%
Q3 24
64.6%
10.1%
Q2 24
65.3%
9.2%
Net Margin
CME
CME
EXPD
EXPD
Q1 26
0.1%
Q4 25
71.7%
7.0%
Q3 25
59.1%
7.7%
Q2 25
60.6%
6.9%
Q1 25
58.2%
7.6%
Q4 24
57.3%
8.0%
Q3 24
57.6%
7.7%
Q2 24
57.6%
7.2%
EPS (diluted)
CME
CME
EXPD
EXPD
Q1 26
Q4 25
$3.24
$1.50
Q3 25
$2.49
$1.64
Q2 25
$2.81
$1.34
Q1 25
$2.62
$1.47
Q4 24
$2.40
$1.68
Q3 24
$2.50
$1.63
Q2 24
$2.42
$1.24

Balance Sheet & Financial Strength

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

Metric
CME
CME
EXPD
EXPD
Cash + ST InvestmentsLiquidity on hand
$2.4B
$1.3B
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$2.4B
Total Assets
$202.0B
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CME
CME
EXPD
EXPD
Q1 26
$2.4B
Q4 25
$4.5B
$1.3B
Q3 25
$2.6B
$1.2B
Q2 25
$2.1B
$1.2B
Q1 25
$1.5B
$1.3B
Q4 24
$3.0B
$1.1B
Q3 24
$2.4B
$1.3B
Q2 24
$1.9B
$1.3B
Total Debt
CME
CME
EXPD
EXPD
Q1 26
$3.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CME
CME
EXPD
EXPD
Q1 26
Q4 25
$28.7B
$2.4B
Q3 25
$28.2B
$2.3B
Q2 25
$27.7B
$2.2B
Q1 25
$27.0B
$2.3B
Q4 24
$26.5B
$2.2B
Q3 24
$28.2B
$2.4B
Q2 24
$27.6B
$2.2B
Total Assets
CME
CME
EXPD
EXPD
Q1 26
$202.0B
Q4 25
$198.4B
$4.9B
Q3 25
$187.1B
$4.8B
Q2 25
$179.9B
$4.8B
Q1 25
$157.8B
$4.8B
Q4 24
$137.4B
$4.8B
Q3 24
$137.8B
$5.2B
Q2 24
$123.4B
$4.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CME
CME
EXPD
EXPD
Operating Cash FlowLast quarter
$283.3M
Free Cash FlowOCF − Capex
$270.3M
FCF MarginFCF / Revenue
9.5%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
1.41×
TTM Free Cash FlowTrailing 4 quarters
$953.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CME
CME
EXPD
EXPD
Q1 26
Q4 25
$1.1B
$283.3M
Q3 25
$968.1M
$201.4M
Q2 25
$1.1B
$179.2M
Q1 25
$1.1B
$342.6M
Q4 24
$1.0B
$249.7M
Q3 24
$1.0B
$90.0M
Q2 24
$776.9M
$126.8M
Free Cash Flow
CME
CME
EXPD
EXPD
Q1 26
Q4 25
$1.1B
$270.3M
Q3 25
$949.7M
$190.3M
Q2 25
$1.0B
$163.3M
Q1 25
$1.1B
$329.5M
Q4 24
$991.7M
$239.7M
Q3 24
$973.2M
$77.7M
Q2 24
$758.7M
$118.8M
FCF Margin
CME
CME
EXPD
EXPD
Q1 26
Q4 25
66.8%
9.5%
Q3 25
61.8%
6.6%
Q2 25
61.5%
6.2%
Q1 25
67.1%
12.4%
Q4 24
65.0%
8.1%
Q3 24
61.4%
2.6%
Q2 24
49.5%
4.9%
Capex Intensity
CME
CME
EXPD
EXPD
Q1 26
Q4 25
2.0%
0.5%
Q3 25
1.2%
0.4%
Q2 25
1.1%
0.6%
Q1 25
0.9%
0.5%
Q4 24
1.7%
0.3%
Q3 24
1.9%
0.4%
Q2 24
1.2%
0.3%
Cash Conversion
CME
CME
EXPD
EXPD
Q1 26
Q4 25
0.96×
1.41×
Q3 25
1.07×
0.91×
Q2 25
1.03×
0.98×
Q1 25
1.17×
1.68×
Q4 24
1.16×
1.06×
Q3 24
1.10×
0.39×
Q2 24
0.88×
0.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CME
CME

Segment breakdown not available.

EXPD
EXPD

Customs Brokerage And Other Services$1.1B40%
Airfreight Services$1.1B39%
Ocean Freight And Ocean Services$611.4M21%

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