Growth Metrics

Cboe Global Markets (CBOE) Operating Margin (2016 - 2025)

Cboe Global Markets (CBOE) has disclosed Operating Margin for 16 consecutive years, with 33.54% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin rose 659.0% year-over-year to 33.54%, compared with a TTM value of 31.12% through Dec 2025, up 429.0%, and an annual FY2025 reading of 31.12%, up 429.0% over the prior year.
  • Operating Margin was 33.54% for Q4 2025 at Cboe Global Markets, up from 32.43% in the prior quarter.
  • Across five years, Operating Margin topped out at 33.54% in Q4 2025 and bottomed at 24.08% in Q2 2022.
  • Average Operating Margin over 5 years is 24.3%, with a median of 26.21% recorded in 2024.
  • The sharpest move saw Operating Margin plummeted -4781bps in 2022, then skyrocketed 5105bps in 2023.
  • Year by year, Operating Margin stood at 25.46% in 2021, then dropped by -2bps to 24.93% in 2022, then rose by 22bps to 30.35% in 2023, then fell by -11bps to 26.95% in 2024, then grew by 24bps to 33.54% in 2025.
  • Business Quant data shows Operating Margin for CBOE at 33.54% in Q4 2025, 32.43% in Q3 2025, and 28.9% in Q2 2025.