CME Group (CME) Stock Analysis & Winston Score
CME Group runs the world's largest financial derivatives exchange. It operates marketplaces where banks, hedge funds, corporations, and farmers can buy and sell contracts tied to interest rates, stock indexes, currencies, commodities like oil and corn, and metals. CME owns well-known exchange brands including the Chicago Mercantile Exchange, the Chicago Board of Trade, and NYMEX. CME makes money by charging a small fee every time someone trades one of these contracts, so revenue rises when market volatility is high and trading volumes increase. It operates primarily in the United States but serves customers globally, and its massive scale and deeply embedded clearing infrastructure make it very difficult for competitors to displace it. The main growth driver is expanding its newer 24-hour trading products and growing international participation, while the key risk is that prolonged low volatility can sharply reduce trading volumes and hurt revenue.
Winston Score: 69/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Strong (23/30)
- Growth: Strong (14/20)
- Cash Flow: Strong (7/10)
- Stability: Exceptional (10/10)
- Valuation: Good (6/10)
- Ownership: Mixed (4/15)
Key Facts
Price: $274.98
Market Cap: $98.9B
Sector: Financial Services
Industry: Financial - Data & Stock Exchanges
Exchange: NASDAQ

