DBOEY (Deutsche Boerse AG) Gross Margin %: 59.01% (As of Mar. 2026) — Near Median


DBOEY Deutsche Boerse AG DBOEY
93 GF Score
Price $27.04
GF Value $25.53
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Deutsche Boerse AG Gross Margin %?

Deutsche Boerse AG DBOEY -0.83% 93 Gross Margin % is 59.01% as of Mar. 2026, which is 3% above its 10-year median of 57.14. GuruFocus rates DBOEY with a GF Score™ of 93/100 and a GF Value™ of $25.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 617 Capital Markets companies, Deutsche Boerse AG ranks better than 54.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Deutsche Boerse AG's Gross Profit for the three months ended in Mar. 2026 was $1,382 Mil. Deutsche Boerse AG's Revenue for the three months ended in Mar. 2026 was $2,341 Mil. Therefore, Deutsche Boerse AG's Gross Margin % for the quarter that ended in Mar. 2026 was 59.01%.


The historical rank and industry rank for Deutsche Boerse AG's Gross Margin % or its related term are showing as below:

DBOEY' s Gross Margin % Range Over the Past 10 Years
Min: 51.56   Med: 57.14   Max: 59.17
Current: 54.32


During the past 13 years, the highest Gross Margin % of Deutsche Boerse AG was 59.17%. The lowest was 51.56%. And the median was 57.14%.

DBOEY's Gross Margin % is ranked better than
54.94% of 617 companies
in the Capital Markets industry
Industry Median: 48.3 vs DBOEY: 54.32

Deutsche Boerse AG had a gross margin of 59.01% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Deutsche Boerse AG was 1.20% per year.


Deutsche Boerse AG  (OTCPK:DBOEY) Gross Margin % Explanation

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

Deutsche Boerse AG had a gross margin of 59.01% 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.


Deutsche Boerse AG Gross Margin % Related Terms


Deutsche Boerse AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for Deutsche Boerse AG'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.

Deutsche Boerse AG Gross Margin % Chart

Deutsche Boerse AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.56 57.32 59.17 58.32 56.96

Deutsche Boerse AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 57.34 45.19 57.49 55.01 59.01

DBOEY vs SPGI, CME, ICE: Gross Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.


Deutsche Boerse AG Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Deutsche Boerse AG's Gross Margin % falls into.


DBOEY
93GF Score
Deutsche Boerse AG DBOEY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Boerse AG Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Deutsche Boerse AG's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=4922.7 / 8642.857
=(Revenue - Cost of Goods Sold) / Revenue
=(8642.857 - 3720.14) / 8642.857
=56.96 %

Deutsche Boerse AG's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1381.5 / 2341.04
=(Revenue - Cost of Goods Sold) / Revenue
=(2341.04 - 959.537) / 2341.04
=59.01 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 59.01% mean?
Deutsche Boerse AG (DBOEY) has a Gross Margin % of 59.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Deutsche Boerse AG and its competitors. This is near median its historical median of 57.14. Over the past decade, Deutsche Boerse AG's Gross Margin % has ranged from 51.56 to 59.17. According to the industry distribution chart, Deutsche Boerse AG ranks #278 out of 617 companies in the Capital Markets industry, placing it in the top 45.1%.
Is Deutsche Boerse AG's Gross Margin % too high?
Deutsche Boerse AG's current Gross Margin % of 59.01% is near median its 10-year median of 57.14. Over the past 10 years, this metric has ranged from a low of 51.56 to a high of 59.17. The Capital Markets industry median Gross Margin % is 48.30. Deutsche Boerse AG's value of 59.01% is 22.2% above this industry median. Based on the distribution chart, Deutsche Boerse AG ranks #278 out of 617 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Deutsche Boerse AG has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Boerse AG's Gross Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Deutsche Boerse AG ranks #278 out of 617 companies for Gross Margin %. This puts Deutsche Boerse AG in the upper half of its industry. The industry median Gross Margin % is 48.30. Deutsche Boerse AG's value of 59.01% is 22.2% above this benchmark. Historically, Deutsche Boerse AG's own Gross Margin % has ranged from 51.56 to 59.17 over the past decade. While the company's 10-year median is 57.14 vs. the industry median of 48.30, Deutsche Boerse AG 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 48.30, based on 617 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. Deutsche Boerse AG's current Gross Margin % of 59.01% is 22.2% 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 Deutsche Boerse AG and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Boerse AG's current Gross Margin % is 59.01%, which is near median its own 10-year median of 57.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Boerse AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Boerse AG (DBOEY) is currently considered Fairly Valued. The stock's GF Value™ is $25.53, compared to a current price of $27.04 — trading 5.9% above its estimated fair value. The current Gross Margin % is 59.01%, which is near median its 10-year median of 57.14 and 22.2% above the Capital Markets industry median of 48.30. Deutsche Boerse AG's overall GF Score™ is 93/100 with 3 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 Deutsche Boerse AG (DBOEY), the current Gross Margin % is 59.01% 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 Deutsche Boerse AG (DBOEY) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Boerse AG stock appears to be overvalued. The current stock price of $27.04 is trading 5.9% above its estimated GF Value™ of $25.53. GuruFocus considers Deutsche Boerse AG to be Fairly Valued.

Key valuation signals for DBOEY:

  • Gross Margin %: 59.01% (near median its 10-year median of 57.14)
  • GF Value™: $25.53 vs. price of $27.04 (5.9% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 22.2% above the Capital Markets median (#278 of 617)

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


Deutsche Boerse AG Business Description

Address Mergenthalerallee 61, The Cube, Eschborn, Frankfurt, HE, DEU, 65760
Deutsche Börse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments are Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.
93GF Score

Get the complete analysis for DBOEY

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

$27.04
Price
$25.53
GF Value