Cboe Global Markets (MIL:1CBOE) FCF Margin %: -37.17% (As of Jun. 2026)

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MIL:1CBOE Cboe Global Markets Inc MIL:1CBOE
68 GF Score
Price €253.60
GF Value €203.82
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Cboe Global Markets FCF Margin %?

Cboe Global Markets MIL:1CBOE +0.48% 68 FCF Margin % is -37.17% as of Jun. 2026. GuruFocus rates MIL:1CBOE with a GF Score™ of 68/100 and a GF Value™ of €203.82 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 773 Capital Markets companies, Cboe Global Markets ranks better than 77.62% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Cboe Global Markets's Free Cash Flow for the three months ended in Jun. 2026 was €-466 Mil. Cboe Global Markets's Revenue for the three months ended in Jun. 2026 was €1,252 Mil. Therefore, Cboe Global Markets's FCF Margin % for the quarter that ended in Jun. 2026 was -37.17%.

As of today, Cboe Global Markets's current FCF Yield % is 6.06%.

The historical rank and industry rank for Cboe Global Markets's FCF Margin % or its related term are showing as below:

MIL:1CBOE' s FCF Margin % Range Over the Past 10 Years
Min: 14.94   Med: 24.67   Max: 41.18
Current: 37.08


During the past 13 years, the highest FCF Margin % of Cboe Global Markets was 41.18%. The lowest was 14.94%. And the median was 24.67%.

MIL:1CBOE's FCF Margin % is ranked better than
77.62% of 773 companies
in the Capital Markets industry
Industry Median: 0.55 vs MIL:1CBOE: 37.08


Cboe Global Markets FCF Margin % Related Terms


Cboe Global Markets FCF Margin % Historical Data

* Premium members only.

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.

Cboe Global Markets FCF Margin % Chart

Cboe Global Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.62 14.94 27.31 25.39 35.67

Cboe Global Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.71 12.08 27.58 152.48 -37.17

MIL:1CBOE vs MSCI, COIN, TRU: FCF Margin % Comparison

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.


MIL:1CBOE
68GF Score
Cboe Global Markets Inc MIL:1CBOE
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cboe Global Markets FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Cboe Global Markets's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1436.086/4025.927
=35.67 %

Cboe Global Markets's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-465.509/1252.35
=-37.17 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -37.17% mean?
Cboe Global Markets (MIL:1CBOE) has a FCF Margin % of -37.17% as of Jun. 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. Over the past decade, Cboe Global Markets' FCF Margin % has ranged from 14.94 to 41.18. According to the industry distribution chart, Cboe Global Markets ranks #173 out of 773 companies in the Capital Markets industry, placing it in the top 22.4%.
Is Cboe Global Markets' FCF Margin % too high?
Cboe Global Markets' current FCF Margin % is -37.17%. Over the past 10 years, this metric has ranged from a low of 14.94 to a high of 41.18. Based on the distribution chart, Cboe Global Markets ranks #173 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 68/100 and is considered Modestly 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 #173 out of 773 companies for FCF Margin %. This places Cboe Global Markets in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.55. Historically, Cboe Global Markets' own FCF Margin % has ranged from 14.94 to 41.18 over the past decade. 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 0.55, 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. 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 0.55 — 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 -37.17%. 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 (MIL:1CBOE) is currently considered Modestly Overvalued. The stock's GF Value™ is €203.82, compared to a current price of €253.60 — trading 24.4% above its estimated fair value. The current FCF Margin % is -37.17%. Cboe Global Markets' overall GF Score™ is 68/100 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 (MIL:1CBOE), the current FCF Margin % is -37.17% as of Jun. 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 (MIL:1CBOE) Overvalued in 2026?

Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued. The current stock price of €253.60 is trading 24.4% above its estimated GF Value™ of €203.82. GuruFocus considers Cboe Global Markets to be Modestly Overvalued.

Key valuation signals for MIL:1CBOE:

  • FCF Margin %: -37.17%
  • GF Value™: €203.82 vs. price of €253.60 (24.4% above fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the MIL:1CBOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cboe Global Markets Business Description

Address 433 West Van Buren Street, Chicago, IL, USA, 60607
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.
68GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€253.60
Price
€203.82
GF Value