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Mar 31, 2024

CME Group Q1 2024 Earnings Report

CME Group's adjusted net income and earnings per share reached record levels, driven by investors seeking to manage economic and geopolitical uncertainty.

Key Takeaways

CME Group reported a strong first quarter in 2024, with revenue reaching $1.5 billion and operating income at $960 million. Net income stood at $855 million, with diluted earnings per share at $2.35. On an adjusted basis, net income was $911 million, and diluted earnings per share was $2.50.

CME Group's adjusted net income and EPS reached new records in Q1.

Average daily volume in U.S. Treasury futures and options grew 12% year-over-year, reaching a new all-time high of 7.8 million contracts.

Average daily volume in commodities markets increased 14% to 4.7 million contracts.

First-quarter average daily volume (ADV) was 26.4 million contracts, including non-U.S. ADV, which reached a record 7.4 million contracts.

Total Revenue
$1.49B
Previous year: $1.44B
+3.2%
EPS
$2.5
Previous year: $2.42
+3.3%
Average Daily Volume
26.4M
Previous year: 26.87M
-1.8%
Average Rate Per Contract
$0.695
Previous year: $0.664
+4.7%
Gross Profit
$1.28B
Previous year: $1.24B
+3.6%
Cash and Equivalents
$1.44B
Previous year: $1.57B
-8.2%
Free Cash Flow
$873M
Previous year: $887M
-1.6%
Total Assets
$132B
Previous year: $166B
-20.5%

CME Group

CME Group

CME Group Revenue by Segment

Forward Guidance

CME Group remains committed to providing deep liquidity and unparalleled capital efficiencies as clients navigate risks across asset classes.

Revenue & Expenses

Visualization of income flow from segment revenue to net income