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Side-by-side financial comparison of CME Group (CME) and FIRST FINANCIAL BANKSHARES INC (FFIN), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

CME Group is the larger business by last-quarter revenue ($1.6B vs $131.4M, roughly 12.6× FIRST FINANCIAL BANKSHARES INC). CME Group runs the higher net margin — 71.7% vs 55.8%, a 15.9% gap on every dollar of revenue. On growth, FIRST FINANCIAL BANKSHARES INC posted the faster year-over-year revenue change (13.1% vs 8.1%). CME Group produced more free cash flow last quarter ($1.1B vs $68.9M). Over the past eight quarters, FIRST FINANCIAL BANKSHARES INC's revenue compounded faster (14.5% CAGR vs 5.3%).

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...

First Financial Bank is a regional bank operated by First Financial Corporation and based in Terre Haute, Indiana. It is the oldest national bank in Indiana and the fifth oldest national bank in the United States. First Financial Corporation is Vigo County's only publicly traded company.

CME vs FFIN — Head-to-Head

Bigger by revenue
CME
CME
12.6× larger
CME
$1.6B
$131.4M
FFIN
Growing faster (revenue YoY)
FFIN
FFIN
+5.0% gap
FFIN
13.1%
8.1%
CME
Higher net margin
CME
CME
15.9% more per $
CME
71.7%
55.8%
FFIN
More free cash flow
CME
CME
$1.0B more FCF
CME
$1.1B
$68.9M
FFIN
Faster 2-yr revenue CAGR
FFIN
FFIN
Annualised
FFIN
14.5%
5.3%
CME

Income Statement — Q4 2025 vs Q4 2025

Metric
CME
CME
FFIN
FFIN
Revenue
$1.6B
$131.4M
Net Profit
$1.2B
$73.3M
Gross Margin
Operating Margin
61.8%
68.2%
Net Margin
71.7%
55.8%
Revenue YoY
8.1%
13.1%
Net Profit YoY
35.3%
17.6%
EPS (diluted)
$3.24
$0.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
CME
CME
FFIN
FFIN
Q4 25
$1.6B
$131.4M
Q3 25
$1.5B
$127.0M
Q2 25
$1.7B
$123.7M
Q1 25
$1.6B
$118.8M
Q4 24
$1.5B
$116.1M
Q3 24
$1.6B
$107.1M
Q2 24
$1.5B
$103.3M
Q1 24
$1.5B
$100.2M
Net Profit
CME
CME
FFIN
FFIN
Q4 25
$1.2B
$73.3M
Q3 25
$908.0M
$52.3M
Q2 25
$1.0B
$66.7M
Q1 25
$956.2M
$61.3M
Q4 24
$874.6M
$62.3M
Q3 24
$912.8M
$55.3M
Q2 24
$883.2M
$52.5M
Q1 24
$855.2M
$53.4M
Operating Margin
CME
CME
FFIN
FFIN
Q4 25
61.8%
68.2%
Q3 25
63.3%
49.7%
Q2 25
66.7%
66.1%
Q1 25
67.5%
63.3%
Q4 24
62.1%
65.4%
Q3 24
64.6%
62.9%
Q2 24
65.3%
61.6%
Q1 24
64.5%
64.7%
Net Margin
CME
CME
FFIN
FFIN
Q4 25
71.7%
55.8%
Q3 25
59.1%
41.2%
Q2 25
60.6%
53.9%
Q1 25
58.2%
51.6%
Q4 24
57.3%
53.7%
Q3 24
57.6%
51.6%
Q2 24
57.6%
50.8%
Q1 24
57.5%
53.3%
EPS (diluted)
CME
CME
FFIN
FFIN
Q4 25
$3.24
$0.51
Q3 25
$2.49
$0.36
Q2 25
$2.81
$0.47
Q1 25
$2.62
$0.43
Q4 24
$2.40
$0.43
Q3 24
$2.50
$0.39
Q2 24
$2.42
$0.37
Q1 24
$2.35
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
CME
CME
FFIN
FFIN
Cash + ST InvestmentsLiquidity on hand
$4.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$28.7B
$1.9B
Total Assets
$198.4B
$15.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
CME
CME
FFIN
FFIN
Q4 25
$4.5B
Q3 25
$2.6B
Q2 25
$2.1B
Q1 25
$1.5B
Q4 24
$3.0B
Q3 24
$2.4B
Q2 24
$1.9B
Q1 24
$1.6B
Stockholders' Equity
CME
CME
FFIN
FFIN
Q4 25
$28.7B
$1.9B
Q3 25
$28.2B
$1.8B
Q2 25
$27.7B
$1.7B
Q1 25
$27.0B
$1.7B
Q4 24
$26.5B
$1.6B
Q3 24
$28.2B
$1.7B
Q2 24
$27.6B
$1.5B
Q1 24
$27.2B
$1.5B
Total Assets
CME
CME
FFIN
FFIN
Q4 25
$198.4B
$15.4B
Q3 25
$187.1B
$14.8B
Q2 25
$179.9B
$14.4B
Q1 25
$157.8B
$14.3B
Q4 24
$137.4B
$14.0B
Q3 24
$137.8B
$13.6B
Q2 24
$123.4B
$13.2B
Q1 24
$132.1B
$13.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
CME
CME
FFIN
FFIN
Operating Cash FlowLast quarter
$1.1B
$74.9M
Free Cash FlowOCF − Capex
$1.1B
$68.9M
FCF MarginFCF / Revenue
66.8%
52.5%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
2.0%
4.5%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.96×
1.02×
TTM Free Cash FlowTrailing 4 quarters
$4.2B
$286.0M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
CME
CME
FFIN
FFIN
Q4 25
$1.1B
$74.9M
Q3 25
$968.1M
$86.5M
Q2 25
$1.1B
$61.3M
Q1 25
$1.1B
$76.8M
Q4 24
$1.0B
$84.5M
Q3 24
$1.0B
$80.7M
Q2 24
$776.9M
$68.8M
Q1 24
$892.7M
$75.6M
Free Cash Flow
CME
CME
FFIN
FFIN
Q4 25
$1.1B
$68.9M
Q3 25
$949.7M
$83.7M
Q2 25
$1.0B
$58.7M
Q1 25
$1.1B
$74.7M
Q4 24
$991.7M
$79.7M
Q3 24
$973.2M
$77.7M
Q2 24
$758.7M
$63.8M
Q1 24
$872.9M
$71.7M
FCF Margin
CME
CME
FFIN
FFIN
Q4 25
66.8%
52.5%
Q3 25
61.8%
65.9%
Q2 25
61.5%
47.4%
Q1 25
67.1%
62.9%
Q4 24
65.0%
68.6%
Q3 24
61.4%
72.5%
Q2 24
49.5%
61.8%
Q1 24
58.7%
71.6%
Capex Intensity
CME
CME
FFIN
FFIN
Q4 25
2.0%
4.5%
Q3 25
1.2%
2.2%
Q2 25
1.1%
2.1%
Q1 25
0.9%
1.8%
Q4 24
1.7%
4.1%
Q3 24
1.9%
2.9%
Q2 24
1.2%
4.8%
Q1 24
1.3%
3.9%
Cash Conversion
CME
CME
FFIN
FFIN
Q4 25
0.96×
1.02×
Q3 25
1.07×
1.65×
Q2 25
1.03×
0.92×
Q1 25
1.17×
1.25×
Q4 24
1.16×
1.36×
Q3 24
1.10×
1.46×
Q2 24
0.88×
1.31×
Q1 24
1.04×
1.42×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

CME
CME

Clearingandtransactionfees$1.3B81%
Market Data$208.0M13%
Other Revenue$112.8M7%
Onetimechargesandmiscellaneousrevenues$5.9M0%

FFIN
FFIN

Segment breakdown not available.

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