CBOENEUTRAL

CBOE Gross Margin Analysis

40.0%

Updated 294h ago·SEC filings & market data

Key Takeaway

At 40.0%, gross margin is the share of revenue left after direct costs of producing CBOE's exchange and data services, so it shows how much money stays to cover other expenses.

Sector Performance

39th percentile

CBOE

40.0%

Sector Median

46.6%

Sector Avg

47.6%

Prior Period

47.2%(Aug 2026)

↓ Declining

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Deep Analysis

At 40.0%, gross margin is the share of revenue left after direct costs of producing CBOE's exchange and data services, so it shows how much money stays to cover other expenses.

That figure trails the sector median of 46.4%, placing CBOE in the 40th percentile of peers, meaning most comparable companies retain a larger slice of sales. The year-over-year change is N/A, and the quarter-over-quarter change is -15.3%, dropping from 47.2% to 40.0%, so the most recent data points show a sharp sequential decline. A level below the peer median combined with a falling quarter-over-quarter trajectory points to margin pressure that could raise risk if operating costs grow faster than revenue. This metric does not support the NEUTRAL verdict; it introduces a negative signal that suggests caution, though the limited history keeps the outlook balanced.

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: LVS (46.9%), ORLY (51.4%), MPWR (55.2%), NEM (56.0%), REI (56.0%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

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.