# CME GROUP INC. (CME) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from CME GROUP INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/CME/mda/fy2025/): filed 2026-02-26; accession 0001156375-26-000009 (https://www.sec.gov/Archives/edgar/data/1156375/000115637526000009/cme-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/CME/mda/fy2024/): filed 2025-02-27; accession 0001156375-25-000021 (https://www.sec.gov/Archives/edgar/data/1156375/000115637525000021/cme-20241231.htm)
- [FY 2023 MD&A](/company/CME/mda/fy2023/): filed 2024-02-28; accession 0001156375-24-000010 (https://www.sec.gov/Archives/edgar/data/1156375/000115637524000010/cme-20231231.htm)
- [FY 2022 MD&A](/company/CME/mda/fy2022/): filed 2023-02-27; accession 0001156375-23-000020 (https://www.sec.gov/Archives/edgar/data/1156375/000115637523000020/cme-20221231.htm)
- [FY 2021 MD&A](/company/CME/mda/fy2021/): filed 2022-02-25; accession 0001156375-22-000076 (https://www.sec.gov/Archives/edgar/data/1156375/000115637522000076/cme-20211231.htm)

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