Cboe Global Markets, Inc. (CBOE) stock
CBOECBOESecurity & Commodity Brokers, Dealers, Exchanges & ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 20/3014% above fair value
$375.42+6.53 (+1.77%)
Close on Nov 13, 2026Market cap $39.17BP/E 26.7Yield 0.72%
Cboe Global Markets operating margin
Operating margin is operating income as a percentage of revenue.
Cboe Global Markets's operating margin for the twelve months ending Sep 30, 2026 was 36.4%. For fiscal 2025 it was 31.1%, against 26.8% the year before. The highest annual figure on record is 50.8% in fiscal 2014.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 31.1% | +4.3 |
| FY2024 | Dec 31, 2024 | 26.8% | −1.2 |
| FY2023 | Dec 31, 2023 | 28.0% | +15.7 |
| FY2022 | Dec 31, 2022 | 12.4% | −10.7 |
| FY2021 | Dec 31, 2021 | 23.1% | +3.7 |
| FY2020 | Dec 31, 2020 | 19.3% | −2.2 |
| FY2019 | Dec 31, 2019 | 21.5% | −0.1 |
| FY2018 | Dec 31, 2018 | 21.6% | +5.0 |
| FY2017 | Dec 31, 2017 | 16.7% | −25.7 |
| FY2016 | Dec 31, 2016 | 42.4% | −5.8 |
| FY2015 | Dec 31, 2015 | 48.2% | −2.6 |
| FY2014 | Dec 31, 2014 | 50.8% | +0.9 |
| FY2013 | Dec 31, 2013 | 50.0% | +2.3 |
| FY2012 | Dec 31, 2012 | 47.6% | +0.1 |
| FY2011 | Dec 31, 2011 | 47.6% | +9.3 |
| FY2010 | Dec 31, 2010 | 38.3% | −3.4 |
| FY2009 | Dec 31, 2009 | 41.7% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 39.3% | +6.9 |
| Q2 FY2026 | Jun 30, 2026 | 33.0% | +4.1 |
| Q1 FY2026 | Mar 31, 2026 | 39.7% | +10.1 |
| Q4 FY2025 | Dec 31, 2025 | 33.5% | +6.6 |
| Q3 FY2025 | Sep 30, 2025 | 32.4% | +3.3 |
| Q2 FY2025 | Jun 30, 2025 | 28.9% | +7.3 |
| Q1 FY2025 | Mar 31, 2025 | 29.6% | +0.1 |
| Q4 FY2024 | Dec 31, 2024 | 27.0% | −3.4 |
| Q3 FY2024 | Sep 30, 2024 | 29.1% | −0.7 |
| Q2 FY2024 | Jun 30, 2024 | 21.6% | −5.4 |
| Q1 FY2024 | Mar 31, 2024 | 29.5% | +4.4 |
| Q4 FY2023 | Dec 31, 2023 | 30.3% | +5.4 |
| Q3 FY2023 | Sep 30, 2023 | 29.8% | +6.0 |
| Q2 FY2023 | Jun 30, 2023 | 27.0% | +51.0 |
| Q1 FY2023 | Mar 31, 2023 | 25.1% | +0.5 |
| Q4 FY2022 | Dec 31, 2022 | 24.9% | −0.5 |
| Q3 FY2022 | Sep 30, 2022 | 23.8% | +0.5 |
| Q2 FY2022 | Jun 30, 2022 | -24.1% | −47.8 |
| Q1 FY2022 | Mar 31, 2022 | 24.6% | +4.4 |
| Q4 FY2021 | Dec 31, 2021 | 25.5% | +9.5 |
| Q3 FY2021 | Sep 30, 2021 | 23.3% | +5.8 |
| Q2 FY2021 | Jun 30, 2021 | 23.7% | +5.1 |
| Q1 FY2021 | Mar 31, 2021 | 20.2% | −4.3 |
| Q4 FY2020 | Dec 31, 2020 | 16.0% | −3.9 |
| Q3 FY2020 | Sep 30, 2020 | 17.6% | −4.3 |
| Q2 FY2020 | Jun 30, 2020 | 18.6% | −1.6 |
| Q1 FY2020 | Mar 31, 2020 | 24.6% | +0.4 |
| Q4 FY2019 | Dec 31, 2019 | 19.9% | −3.7 |
| Q3 FY2019 | Sep 30, 2019 | 21.8% | −0.1 |
| Q2 FY2019 | Jun 30, 2019 | 20.2% | +0.8 |
| Q1 FY2019 | Mar 31, 2019 | 24.1% | +2.6 |
| Q4 FY2018 | Dec 31, 2018 | 23.6% | +6.1 |
| Q3 FY2018 | Sep 30, 2018 | 21.9% | +2.4 |
| Q2 FY2018 | Jun 30, 2018 | 19.3% | +1.0 |
| Q1 FY2018 | Mar 31, 2018 | 21.6% | +14.2 |
| Q4 FY2017 | Dec 31, 2017 | 17.5% | −25.3 |
| Q3 FY2017 | Sep 30, 2017 | 19.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 18.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 7.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 42.8% | – |
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