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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 54.13% |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 34.85% |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 54.13% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 51.34% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 25.04% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | -74.14% |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 326.90% |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | -6.69% |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | -37.17% |
| 10 | LPL Financial Holdings | 24.62 Bn | 19.94 Bn | - | 3.90% |
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% |
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_KEY
import 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();