Cboe Global Markets (CBOE) EBT Margin (2010 - 2026)
Cboe Global Markets (CBOE) reported EBT Margin of 40.81% for Q3 2026, up 3.14 percentage points from 37.67% a year earlier and up 6.52 percentage points from the prior quarter.
Cboe Global Markets (CBOE) EBT Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cboe Global Markets' EBT Margin came in at 38.20%, up 8.00 percentage points year-over-year; for FY2025, it was 33.23%, up 6.76 percentage points from FY2024.
- EBT Margin has a five-year change of +13.96 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 26.47% in FY2024 (-1.29 pp), 27.76% in FY2023 (+16.83 pp), 10.94% in FY2022 (-10.70 pp) and 21.64% in FY2021 (+2.37 pp).
- The Q3 2026 figure ranks as the highest quarterly EBT Margin since Q4 2016.
- Year over year, EBT Margin has now increased in each of the last six quarters, with an average year-over-year change of +5.35 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q2 2023 (a gain of 52.69 percentage points); the low point was Q2 2022 (a drop of 48.43 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 34.29% (Q2 2026), 40.50% (Q1 2026) and 37.52% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | 77.98% |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | 38.49% |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 34.21% |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | 43.89% |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | 29.29% |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | 34.67% |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | 40.81% |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | 78.16% |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | 58.01% |
| 10 | Tradeweb Markets | 27.14 Bn | 18.94 Bn | - | 49.61% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.81% |
| Jun 30, 2026 | 34.29% |
| Mar 31, 2026 | 40.50% |
| Dec 31, 2025 | 37.52% |
| Sep 30, 2025 | 37.67% |
| Jun 30, 2025 | 28.51% |
| Mar 31, 2025 | 29.31% |
| Dec 31, 2024 | 25.25% |
| Sep 30, 2024 | 29.27% |
| Jun 30, 2024 | 20.84% |
| Mar 31, 2024 | 30.52% |
| Dec 31, 2023 | 29.68% |
| Sep 30, 2023 | 29.72% |
| Jun 30, 2023 | 26.64% |
| Mar 31, 2023 | 25.12% |
| Dec 31, 2022 | 23.47% |
| Sep 30, 2022 | 23.05% |
| Jun 30, 2022 | -26.05% |
| Mar 31, 2022 | 23.08% |
| Dec 31, 2021 | 24.26% |
Cboe Global Markets EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=CBOE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "CBOE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();