Cboe Global Markets (CBOE) FCF Margin (2010 - 2026)
Cboe Global Markets (CBOE) recorded FCF Margin of -37.17% in Q2 2026, down 63.88 percentage points from 26.71% a year earlier and down 189.65 percentage points from the prior quarter.
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Analysis
Cboe Global Markets (CBOE) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Cboe Global Markets' FCF Margin came in at 37.04% as of Jun 30, 2026, up 39.53 percentage points year-over-year; for FY2025, it was 35.67%, up 10.28 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -5.51 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 25.39% in FY2024 (-1.92 pp), 27.31% in FY2023 (+12.37 pp), 14.94% in FY2022 (-0.68 pp) and 15.62% in FY2021 (-25.57 pp).
- The Q2 2026 figure is the lowest quarterly FCF Margin since Q4 2024.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of -18.54 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 207.83 percentage points in Q2 2024, against a drop of 136.17 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 152.48% (Q1 2026), 27.58% (Q4 2025) and 12.08% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.67 Bn | 94.77 Bn | - | 54.13% |
| 2 | Robinhood Markets | 90.13 Bn | 71.16 Bn | - | 54.13% |
| 3 | Intercontinental Exchange | 89.10 Bn | 82.84 Bn | - | 51.34% |
| 4 | Nasdaq | 53.45 Bn | 50.88 Bn | 1.50 Bn | 25.04% |
| 5 | Interactive Brokers | 37.25 Bn | 14.37 Bn | - | 326.90% |
| 6 | Cboe Global Markets | 32.88 Bn | 24.54 Bn | 731.60 Mn | -37.17% |
| 7 | LPL Financial Holdings | 25.88 Bn | 21.20 Bn | - | 3.90% |
| 8 | Tradeweb Markets | 25.20 Bn | 17.21 Bn | - | 69.02% |
| 9 | Circle Internet | 21.37 Bn | 15.24 Bn | 288.85 Mn | 73.63% |
| 10 | Xp | 16.39 Bn | -5.44 Bn | 105.39 Mn | -59.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -37.17% |
| Mar 31, 2026 | 152.48% |
| Dec 31, 2025 | 27.58% |
| Sep 30, 2025 | 12.08% |
| Jun 30, 2025 | 26.71% |
| Mar 31, 2025 | 75.16% |
| Dec 31, 2024 | -66.29% |
| Sep 30, 2024 | -55.93% |
| Jun 30, 2024 | 151.55% |
| Mar 31, 2024 | 92.80% |
| Dec 31, 2023 | -21.28% |
| Sep 30, 2023 | 80.24% |
| Jun 30, 2023 | -56.28% |
| Mar 31, 2023 | 103.06% |
| Dec 31, 2022 | -17.02% |
| Sep 30, 2022 | 16.01% |
| Jun 30, 2022 | -65.51% |
| Mar 31, 2022 | 128.17% |
| Dec 31, 2021 | -81.06% |
| Sep 30, 2021 | 67.04% |
API Access
Cboe Global Markets FCF 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=fcf-margin&ticker=CBOE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();