CBOENEUTRAL

Gross Margin

47.2%

Updated 152h ago

Sector Performance

54th percentile

CBOE

47.2%

Sector Median

44.7%

Sector Avg

45.2%

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Deep Analysis

CBOE’s gross margin of 47.2% means that after subtracting the direct costs of producing its services (like exchange technology and staffing), the company keeps 47.2 cents of every dollar as gross profit.

This is slightly above the sector median of 44.4%, placing CBOE in the 55th percentile of its peer group—so the company’s pricing power or cost structure is a bit better than average. The year-over-year change is not available, but the most recent quarter shows a decline of 10.3 percentage points compared to the prior quarter, dropping from 52.6% to 47.2%. While the absolute margin still exceeds the sector median, the sharp quarterly decline signals that operating conditions or revenue mix may be deteriorating. For an investor, the combination of an above-peer level but a negative near-term trend suggests moderate risk: the cushion from a high margin is shrinking. This mixed picture supports the overall NEUTRAL verdict—the metric is not alarming enough to downgrade, but the downward move warrants caution.

Frequently Asked Questions

What does the Gross Margin tell investors about CBOE?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are CBOE's closest peers by Gross Margin?

The closest peers by Gross Margin include: WHR (12.7%), JBHT (12.6%), DVN (12.1%), F (11.9%), GM (11.5%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.