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Mar 31, 2020

CME Group Q1 2020 Earnings Report

CME Group reported financial results for the first quarter of 2020.

Key Takeaways

CME Group's Q1 2020 financial results showed a revenue of $1.5 billion and an operating income of $960 million. The net income was $766 million, with a diluted earnings per share of $2.14. On an adjusted basis, the net income was $836 million and diluted earnings per share were $2.33.

First-quarter average daily volume (ADV) included a quarterly record overall, as well as across EMEA and APAC.

First-quarter 2020 ADV was 27 million contracts, up 45% compared with the first quarter of 2019.

Non-U.S. ADV for first-quarter 2020 reached 7.3 million contracts, up 56% compared with first-quarter 2019, including 54% growth in Europe, 73% growth in Asia and 21% growth in Latin America.

Clearing and transaction fees revenue for first-quarter 2020 totaled $1.3 billion.

Total Revenue
$1.52B
Previous year: $1.18B
+29.0%
EPS
$2.33
Previous year: $1.62
+43.8%
Average Daily Volume
27.01M
Average Rate Per Contract
$0.676
Gross Profit
$1.31B
Previous year: $949M
+38.5%
Cash and Equivalents
$852M
Previous year: $997M
-14.6%
Free Cash Flow
$714M
Previous year: $620M
+15.2%
Total Assets
$138B
Previous year: $71.6B
+92.6%

CME Group

CME Group

CME Group Revenue by Segment

Forward Guidance

CME Group will hold a Q&A conference call to discuss first-quarter 2020 results at 8:30 a.m. Eastern Time today.

Revenue & Expenses

Visualization of income flow from segment revenue to net income