CME Group Inc. — Earnings Quality Grade C
CME · Financial Services
Some red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 36 days, change +2 days YoY
AR growth 11.5% exceeds revenue growth 6.4%
Revenue 6.4%, CFFO 15.9%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -11.2% vs revenue 6.4%. Normal
SG&A/Gross Profit = 2.7%, excellent (<30%)
Gross margin 86.1%, change -0.0pp. Stable
Cash Flow Quality
CFFO/NI = 1.05. Profits backed by cash
FCF $4.2B, FCF/NI = 1.03
Accruals ratio = -0.1%. Low accruals
Cash $4.5B covers debt $3.4B
Balance Sheet Health
Goodwill+Intangibles $30.3B = 105% of equity. Over 50%
Debt/EBITDA = 0.6x. Healthy
Other assets -32.2% vs revenue 6.4%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -1% YoY. Normal
Manipulation Score
M-Score = -2.56 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score — Not Applicable
CME Group Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09