Cboe Global Markets (CBOE) Tax Rate (2010 - 2026)
Cboe Global Markets (CBOE) reported Tax Rate of 22.78% for Q3 2026, down 7.29 percentage points from 30.06% a year earlier and down 5.85 percentage points from the prior quarter.
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Analysis
Cboe Global Markets (CBOE) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cboe Global Markets' Tax Rate came in at 26.58%, down 2.94 percentage points year-over-year; for FY2025, it came in at 29.78%, up 0.36 percentage points from FY2024.
- Tax Rate has a five-year change of +0.68 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 29.42% in FY2024 (+2.10 pp), 27.32% in FY2023 (-18.40 pp), 45.71% in FY2022 (+15.68 pp) and 30.04% in FY2021 (+0.93 pp).
- The Q3 2026 figure ranks as the lowest quarterly Tax Rate since Q4 2021.
- Year over year, Tax Rate has now declined in each of the last three quarters, with an average year-over-year change of -0.94 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q1 2022 (a gain of 22.39 percentage points); the low point was Q1 2023 (a drop of 21.13 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 28.62% (Q2 2026), 25.18% (Q1 2026) and 30.60% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 108.95 Bn | 97.29 Bn | - | 23.46% |
| 2 | Bank of New York Mellon | 102.82 Bn | 36.44 Bn | - | 22.83% |
| 3 | Intercontinental Exchange | 98.21 Bn | 91.10 Bn | - | 23.03% |
| 4 | Robinhood Markets | 74.92 Bn | 54.46 Bn | - | 23.84% |
| 5 | Nasdaq | 60.69 Bn | 58.13 Bn | 1.48 Bn | 23.11% |
| 6 | State Street | 46.98 Bn | 46.98 Bn | - | 21.47% |
| 7 | Cboe Global Markets | 36.89 Bn | 27.37 Bn | 712.20 Mn | 22.78% |
| 8 | Interactive Brokers | 35.15 Bn | 11.46 Bn | - | 9.89% |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 19.28% |
| 10 | Tradeweb Markets | 27.24 Bn | 19.05 Bn | - | 22.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.78% |
| Jun 30, 2026 | 28.62% |
| Mar 31, 2026 | 25.18% |
| Dec 31, 2025 | 30.60% |
| Sep 30, 2025 | 30.06% |
| Jun 30, 2025 | 29.74% |
| Mar 31, 2025 | 28.44% |
| Dec 31, 2024 | 29.75% |
| Sep 30, 2024 | 29.29% |
| Jun 30, 2024 | 30.84% |
| Mar 31, 2024 | 28.28% |
| Dec 31, 2023 | 26.26% |
| Sep 30, 2023 | 22.92% |
| Jun 30, 2023 | 30.60% |
| Mar 31, 2023 | 30.14% |
| Dec 31, 2022 | 32.27% |
| Sep 30, 2022 | 34.41% |
| Mar 31, 2022 | 51.27% |
| Dec 31, 2021 | 21.08% |
| Sep 30, 2021 | 30.72% |
API Access
Cboe Global Markets Tax Rate 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=tax-rate&ticker=CBOE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();