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Cboe Global MarketsCBOE +0.70%86 FCF Margin % is 152.48% as of Mar. 2026, which is 518% above its 10-year median of 24.67. GuruFocus rates CBOE with a GF Score™ of 86/100 and a GF Value™ of $204.42 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 773 Capital Markets companies, Cboe Global Markets ranks better than 83.31% on this metric.
The historical rank and industry rank for Cboe Global Markets's FCF Margin % or its related term are showing as below:
CBOE'
s FCF Margin % Range Over the Past 10 Years
Min: 14.94 Med: 24.67 Max: 56.85
Current: 56.85
During the past 13 years, the highest FCF Margin % of Cboe Global Markets was 56.85%. The lowest was 14.94%. And the median was 24.67%.
CBOE's FCF Margin % is ranked better than 83.31% of 773
companies
in the Capital Markets industry
Industry Median: 1.02
vs CBOE: 56.85
Cboe Global Markets FCF Margin % Related Terms
Cboe Global Markets FCF Margin % Historical Data
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The historical data trend for Cboe Global Markets's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cboe Global Markets FCF Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Cboe Global Markets's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Cboe Global Markets's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cboe Global Markets (CBOE) has a FCF Margin % of 152.48% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cboe Global Markets and its competitors. This is 518% above median its historical median of 24.67. Over the past decade, Cboe Global Markets' FCF Margin % has ranged from 14.94 to 56.85. According to the industry distribution chart, Cboe Global Markets ranks #129 out of 773 companies in the Capital Markets industry, placing it in the top 16.7%.
Is Cboe Global Markets' FCF Margin % too high?
Cboe Global Markets' current FCF Margin % of 152.48% is 518% above median its 10-year median of 24.67. Over the past 10 years, this metric has ranged from a low of 14.94 to a high of 56.85. The Capital Markets industry median FCF Margin % is 1.02. Cboe Global Markets' value of 152.48% is 14849% above this industry median. Based on the distribution chart, Cboe Global Markets ranks #129 out of 773 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Cboe Global Markets has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' FCF Margin % compare to MSCI and COIN?
According to the Capital Markets industry distribution chart, Cboe Global Markets ranks #129 out of 773 companies for FCF Margin %. This places Cboe Global Markets in the top 17% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 1.02. Cboe Global Markets' value of 152.48% is 14849% above this benchmark. Historically, Cboe Global Markets' own FCF Margin % has ranged from 14.94 to 56.85 over the past decade. While the company's 10-year median is 24.67 vs. the industry median of 1.02, Cboe Global Markets has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Capital Markets company?
The median FCF Margin % among Capital Markets companies is 1.02, based on 773 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cboe Global Markets's current FCF Margin % of 152.48% is 14849% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cboe Global Markets and its competitors. For the Capital Markets industry, the median FCF Margin % is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cboe Global Markets's current FCF Margin % is 152.48%, which is 518% above median its own 10-year median of 24.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cboe Global Markets stock overvalued right now?
Based on GuruFocus' analysis, Cboe Global Markets (CBOE) is currently considered Significantly Overvalued. The stock's GF Value™ is $204.42, compared to a current price of $299.48 — trading 46.5% above its estimated fair value. The current FCF Margin % is 152.48%, which is 518% above median its 10-year median of 24.67 and 14849% above the Capital Markets industry median of 1.02. Cboe Global Markets' overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Cboe Global Markets (CBOE), the current FCF Margin % is 152.48% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cboe Global Markets (CBOE) Overvalued in 2026?
Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued.
The current stock price of $299.48 is trading 46.5% above its estimated GF Value™ of $204.42.
GuruFocus considers Cboe Global Markets to be Significantly Overvalued.
Key valuation signals for CBOE:
FCF Margin %: 152.48% (518% above median its 10-year median of 24.67)
GF Value™: $204.42 vs. price of $299.48 (46.5% above fair value)
Industry Position: 14849% above the Capital Markets median (#129 of 773)
No single metric tells the full story. See the CBOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
86GF Score
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