Cboe Global Markets annual operating margin
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2025
Cboe Global Markets Operating Margin Growth & History (CBOE)
Cboe Global Markets's operating margin was 31.12% for fiscal 2025.
View full Cboe Global Markets company overviewCboe Global Markets annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 31.12% | +4.29 pp |
| 2024 | 2024-12-31 | 26.83% | −1.21 pp |
| 2023 | 2023-12-31 | 28.03% | +15.67 pp |
| 2022 | 2022-12-31 | 12.37% | −10.69 pp |
| 2021 | 2021-12-31 | 23.06% | +3.74 pp |
| 2020 | 2020-12-31 | 19.32% | −2.20 pp |
| 2019 | 2019-12-31 | 21.52% | −0.13 pp |
| 2018 | 2018-12-31 | 21.65% | +4.96 pp |
| 2017 | 2017-12-31 | 16.68% | −25.73 pp |
| 2016 | 2016-12-31 | 42.41% | −5.78 pp |
| 2015 | 2015-12-31 | 48.19% | −2.65 pp |
| 2014 | 2014-12-31 | 50.84% | +0.88 pp |
| 2013 | 2013-12-31 | 49.96% | +2.32 pp |
| 2012 | 2012-12-31 | 47.64% | +0.09 pp |
| 2011 | 2011-12-31 | 47.55% | +9.27 pp |
| 2010 | 2010-12-31 | 38.28% | −3.39 pp |
| 2009 | 2009-12-31 | 41.68% | — |
Cboe Global Markets quarterly operating margin
Q2.10
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Q3.23
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Q1.25
Q2.25
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Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 32.99% | +4.09 pp |
| Q1 2026 | 2026-03-31 | 39.72% | +10.11 pp |
| Q4 2025 | 2025-12-31 | 33.54% | +6.59 pp |
| Q3 2025 | 2025-09-30 | 32.43% | +3.32 pp |
| Q2 2025 | 2025-06-30 | 28.90% | +7.33 pp |
| Q1 2025 | 2025-03-31 | 29.62% | +0.11 pp |
| Q4 2024 | 2024-12-31 | 26.95% | −3.40 pp |
| Q3 2024 | 2024-09-30 | 29.12% | −0.72 pp |
| Q2 2024 | 2024-06-30 | 21.57% | −5.40 pp |
| Q1 2024 | 2024-03-31 | 29.50% | +4.42 pp |
| Q4 2023 | 2023-12-31 | 30.35% | +5.42 pp |
| Q3 2023 | 2023-09-30 | 29.84% | +6.01 pp |
| Q2 2023 | 2023-06-30 | 26.97% | +51.05 pp |
| Q1 2023 | 2023-03-31 | 25.09% | +0.49 pp |
| Q4 2022 | 2022-12-31 | 24.93% | −0.53 pp |
| Q3 2022 | 2022-09-30 | 23.83% | +0.49 pp |
| Q2 2022 | 2022-06-30 | −24.08% | −47.81 pp |
| Q1 2022 | 2022-03-31 | 24.60% | +4.36 pp |
| Q4 2021 | 2021-12-31 | 25.46% | +9.49 pp |
| Q3 2021 | 2021-09-30 | 23.35% | +5.77 pp |
| Q2 2021 | 2021-06-30 | 23.73% | +5.11 pp |
| Q1 2021 | 2021-03-31 | 20.24% | −4.33 pp |
| Q4 2020 | 2020-12-31 | 15.97% | −3.80 pp |
| Q3 2020 | 2020-09-30 | 17.57% | −4.25 pp |
| Q2 2020 | 2020-06-30 | 18.61% | −1.56 pp |
| Q1 2020 | 2020-03-31 | 24.57% | +0.26 pp |
| Q4 2019 | 2019-12-31 | 19.77% | −3.84 pp |
| Q3 2019 | 2019-09-30 | 21.82% | −0.07 pp |
| Q2 2019 | 2019-06-30 | 20.17% | +0.83 pp |
| Q1 2019 | 2019-03-31 | 24.31% | +2.75 pp |
| Q4 2018 | 2018-12-31 | 23.61% | +6.09 pp |
| Q3 2018 | 2018-09-30 | 21.90% | +2.38 pp |
| Q2 2018 | 2018-06-30 | 19.34% | +0.96 pp |
| Q1 2018 | 2018-03-31 | 21.56% | +14.24 pp |
| Q4 2017 | 2017-12-31 | 17.51% | −21.74 pp |
| Q3 2017 | 2017-09-30 | 19.51% | −19.49 pp |
| Q2 2017 | 2017-06-30 | 18.38% | −26.68 pp |
| Q1 2017 | 2017-03-31 | 7.33% | −39.30 pp |
| Q4 2016 | 2016-12-31 | 39.26% | −1.71 pp |
| Q3 2016 | 2016-09-30 | 39.00% | −15.06 pp |
| Q2 2016 | 2016-06-30 | 45.06% | −4.27 pp |
| Q1 2016 | 2016-03-31 | 46.63% | −2.07 pp |
| Q4 2015 | 2015-12-31 | 40.96% | −11.27 pp |
| Q3 2015 | 2015-09-30 | 54.06% | +3.64 pp |
| Q2 2015 | 2015-06-30 | 49.33% | +0.90 pp |
| Q1 2015 | 2015-03-31 | 48.69% | −3.27 pp |
| Q4 2014 | 2014-12-31 | 52.23% | +1.05 pp |
| Q3 2014 | 2014-09-30 | 50.42% | +0.38 pp |
| Q2 2014 | 2014-06-30 | 48.43% | −1.55 pp |
| Q1 2014 | 2014-03-31 | 51.96% | +3.31 pp |
| Q4 2013 | 2013-12-31 | 51.19% | +5.25 pp |
| Q3 2013 | 2013-09-30 | 50.04% | +2.61 pp |
| Q2 2013 | 2013-06-30 | 49.98% | +0.14 pp |
| Q1 2013 | 2013-03-31 | 48.65% | +1.36 pp |
| Q4 2012 | 2012-12-31 | 45.94% | +2.11 pp |
| Q3 2012 | 2012-09-30 | 47.43% | −4.77 pp |
| Q2 2012 | 2012-06-30 | 49.84% | +2.92 pp |
| Q1 2012 | 2012-03-31 | 47.30% | +0.91 pp |
| Q4 2011 | 2011-12-31 | 43.82% | +10.87 pp |
| Q3 2011 | 2011-09-30 | 52.20% | +15.06 pp |
| Q2 2011 | 2011-06-30 | 46.93% | — |
| Q1 2011 | 2011-03-31 | 46.38% | — |
| Q3 2010 | 2010-09-30 | 32.95% | — |
| Q2 2010 | 2010-06-30 | 37.14% | — |
Cboe Global Markets operating margin trends
Over the last five reported fiscal years, Cboe Global Markets's operating margin increased from 19.32% to 31.12%, a change of +11.80 percentage points. The latest reported quarter, Q2 2026, shows 32.99%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cboe Global Markets filings at SEC.gov ↗