CMC MarketsCCMMF 76 Gross Margin % is 62.94% as of Mar. 2026, which is 0% below its 10-year median of 63.22. GuruFocus rates CCMMF with a GF Score™ of 76/100 and a GF Value™ of $1.56. The stock has 8 warning signs investors should review. Among 620 Capital Markets companies, CMC Markets ranks better than 66.77% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
CMC Markets had a gross margin of 62.94% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
CMC Markets Gross Margin % Related Terms
CMC Markets Gross Margin % Historical Data
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The historical data trend for CMC Markets's Gross 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 Capital Markets subindustry, CMC Markets's Gross Margin %, along with its competitors' market caps and Gross 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.
CMC Markets Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CMC Markets's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CMC Markets's Gross 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
CMC Markets (CCMMF) has a Gross Margin % of 62.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CMC Markets and its competitors. This is near median its historical median of 63.22. Over the past decade, CMC Markets' Gross Margin % has ranged from 53.93 to 74.25. According to the industry distribution chart, CMC Markets ranks #206 out of 620 companies in the Capital Markets industry, placing it in the top 33.2%.
Is CMC Markets' Gross Margin % too high?
CMC Markets' current Gross Margin % of 62.94% is near median its 10-year median of 63.22. Over the past 10 years, this metric has ranged from a low of 53.93 to a high of 74.25. The Capital Markets industry median Gross Margin % is 49.63. CMC Markets' value of 62.94% is 26.8% above this industry median. Based on the distribution chart, CMC Markets ranks #206 out of 620 companies in the Capital Markets industry, which is above the industry midpoint. Overall, CMC Markets has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CMC Markets' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, CMC Markets ranks #206 out of 620 companies for Gross Margin %. This puts CMC Markets in the upper half of its industry. The industry median Gross Margin % is 49.63. CMC Markets' value of 62.94% is 26.8% above this benchmark. Historically, CMC Markets' own Gross Margin % has ranged from 53.93 to 74.25 over the past decade. While the company's 10-year median is 63.22 vs. the industry median of 49.63, CMC 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 Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMC Markets's current Gross Margin % of 62.94% is 26.8% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on CMC Markets and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Markets's current Gross Margin % is 62.94%, which is near median its own 10-year median of 63.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Markets stock overvalued right now?
CMC Markets (CCMMF) has a current Gross Margin % of 62.94%. The stock's GF Value™ is $1.56, compared to a current price of $2.50 — trading 60.3% above its estimated fair value. The current Gross Margin % is 62.94%, which is near median its 10-year median of 63.22 and 26.8% above the Capital Markets industry median of 49.63. CMC Markets' overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For CMC Markets (CCMMF), the current Gross Margin % is 62.94% 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 CMC Markets (CCMMF) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Markets stock appears to be overvalued.
The current stock price of $2.50 is trading 60.3% above its estimated GF Value™ of $1.56.
Key valuation signals for CCMMF:
Gross Margin %: 62.94% (near median its 10-year median of 63.22)
GF Value™: $1.56 vs. price of $2.50 (60.3% above fair value)
Industry Position: 26.8% above the Capital Markets median (#206 of 620)
No single metric tells the full story. See the CCMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Markets PLC is a United Kingdom-based company that provides an online platform for trading and investing, with a comprehensive retail, professional, and institutional offering. The Group's business consists of two segments, Trading and Investing. The majority of its revenue is generated from the Trading segment, whose core business involves online trading, enabling clients to trade a broad array of financial instruments for short-term investment and hedging purposes. Additionally, the trading segment includes the Treasury Management and Capital Markets Division that invests surplus liquidity to enhance yield. The Investing segment supports clients longer-term investment goals. The group offers online stockbroking services in Australia, the UK, the USA, and Singapore.
76GF Score
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