CME GROUP INC. (CME) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Total revenues [+]	5,019.4	4,689.7	4,883.6	4,868.0	4,309.4	3,644.7	3,595.2	3,326.8
Other								57.4
Revenue growth	7.0%	-4.0%	0.3%	13.0%	18.2%	1.4%	8.1%	6.9%
Cost of goods sold [+]	753.1	837.0	856.5	898.7	672.2	563.9	543.2	894.4
Labor costs								553.7
Occupancy costs								92.5
Cost of licensing								123.8
Other direct costs								124.4
Gross profit	4,266.3	3,852.7	4,027.1	3,969.3	3,637.2	3,080.8	3,052.0	2,432.4
Gross margin	85.0%	82.2%	82.5%	81.5%	84.4%	84.5%	84.9%	73.1%
Selling, general and administrative [+]	326.0	344.3	389.8	375.6	283.3	219.2	242.0	215.1
General and administrative [+]	326.0	344.3	389.8	375.6	283.3	219.2	242.0	215.1
Professional fees	137.4	151.7	191.3	174.1	166.1	117.6	144.4	122.8
Telecommunications expense								27.8
Other selling, general and administrative
Equity in earnings	301.1	245.8	190.6	176.8	152.8	129.2	110.2	100.0
Other operating expenses	561.8	477.8	535.5	532.6	497.6	438.0	480.3	99.4
EBITDA [+]	3,679.6	3,276.4	3,292.4	3,237.9	3,009.1	2,552.8	2,439.9	2,217.9
EBITDA growth	12.3%	-0.5%	1.7%	7.6%	17.9%	4.6%	10.0%	11.7%
EBITDA margin	73.3%	69.9%	67.4%	66.5%	69.8%	70.0%	67.9%	66.7%
Depreciation	134.9	147.8	153.2	158.6	118.7	17.5	33.1	29.8
EBITA	3,544.7	3,128.6	3,139.2	3,079.3	2,890.4	2,535.3	2,406.8	2,188.1
EBITA margin	70.6%	66.7%	64.3%	63.3%	67.1%	69.6%	66.9%	65.8%
Amortization of intangibles	227.7	237.6	311.2	314.7	130.0	95.5	96.1	99.4
EBIT [+]	3,317.0	2,891.0	2,828.0	2,764.6	2,760.4	2,439.8	2,310.7	2,088.7
EBIT growth	14.7%	2.2%	2.3%	0.2%	13.1%	5.6%	10.6%	12.7%
EBIT margin	66.1%	61.6%	57.9%	56.8%	64.1%	66.9%	64.3%	62.8%
Interest income, net [+]	2,035.7	140.0	16.5	459.9	587.4	414.7	18.3	-87.3
Interest expense	162.7	166.9	166.2	178.0	157.7	117.0	123.5	117.4
Interest income	2,198.4	306.9	182.7	637.9	745.1	531.7	141.8	30.1
Other income (expense), net [+]	-1,862.4	342.6	-122.4	-534.9	-570.0	-328.2	-41.4	-44.6
Unrealized gain/loss on derivatives								-1.8
Other	-1,862.4	342.6	-122.4	-534.9	-570.0	-328.2	-41.4	-42.8
Pre-tax income	3,490.3	3,373.6	2,722.1	2,689.6	2,777.8	2,526.3	2,287.6	1,956.8
Income taxes	799.3	736.7	615.7	573.8	814.1	-1,537.1	753.5	709.8
Tax rate	22.9%	21.8%	22.6%	21.3%	29.3%		32.9%	36.3%
Minority interest		0.5	1.2	-0.7	1.5
Net income	2,657.2	2,617.1	2,105.2	2,116.5	2,776.3	4,063.4	1,534.1	1,247.0
Net margin	52.9%	55.8%	43.1%	43.5%	64.4%	111.5%	42.7%	37.5%

Basic EPS [+]	$7.41	$7.30	$5.88	$5.93	$8.11	$12.00	$4.55	$3.71
Growth	1.4%	24.1%	-0.7%	-26.9%	-32.4%	163.9%	22.6%	10.0%
Diluted EPS [+]	$7.40	$7.29	$5.87	$5.91	$8.08	$11.94	$4.53	$3.69
Growth	1.5%	24.2%	-0.6%	-26.9%	-32.4%	163.9%	22.6%	10.0%

Dividends per share [+]	$7.34	$6.11	$5.90	$4.75	$6.28	$5.89	$5.30	$4.00
Growth	20.2%	3.6%	24.2%	-24.4%	6.7%	11.1%	32.5%	-10.7%

Shares outstanding (basic) [+]	358.7	358.3	357.8	357.2	342.3	338.7	337.5	336.2
Growth	0.1%	0.2%	0.2%	4.3%	1.1%	0.4%	0.4%	0.5%
Shares outstanding (diluted) [+]	359.2	358.9	358.5	358.2	343.7	340.2	339.0	337.9
Growth	0.1%	0.1%	0.1%	4.2%	1.0%	0.4%	0.3%	0.5%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.