Cboe Global Markets, Inc. CBOE

258.03 (9.54) (3.57%) as of 25 Sep
Market cap
$27.9B
P/E
20.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Cboe Global Markets, Inc. (CBOE) Operating margin

Cboe Global Markets, Inc.'s operating margin over the twelve months to 30 June 2026 was 34.7%, up 3.6 percentage points from fiscal 2025 (31.1%). Over the past ten years it has ranged from 12.4% (fiscal 2022) to 48.2% (fiscal 2015); the current reading is higher than 82% of that period. That is above the Financial Data & Stock Exchanges industry median of 29.6% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 31.1% 4.29
FY2024 26.8% (1.20)
FY2023 28.0% 15.66
FY2022 12.4% (10.69)
FY2021 23.1% 3.74
FY2020 19.3% (2.20)
FY2019 21.5% (0.13)
FY2018 21.7% 4.97
FY2017 16.7% (25.73)
FY2016 42.4% (5.78)

Quarterly

Period Operating margin Change (points)
Jun 2026 33.0% (6.73)
Mar 2026 39.7% 6.18
Dec 2025 33.5% 1.11
Sep 2025 32.4% 3.53
42 more quarters

Against its own ten years

Low 12.4% High 48.2%
Ten-year median 23.1%
Current reading's percentile 82

Operating margin against peers

Company Operating margin
CME CME Group Inc. compare 65.1%
MSCI MSCI Inc compare 55.7%
ICE Intercontinental Exchange Inc. compare 51.8%
MCO Moody's Corporation compare 44.8%
CBOE Cboe Global Markets, Inc. 34.7%
NDAQ Nasdaq, Inc. compare 29.6%
FDS FactSet Research Systems Inc. compare 29.6%
TRU TransUnion compare 18.7%
COIN Coinbase Global, Inc. compare 9.86%
Financial Data & Stock Exchanges industry median 29.6%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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