CME GroupMEX:CME -14.36%86 Gross Margin % is 88.14% as of Mar. 2026, which is 4% above its 10-year median of 84.71. GuruFocus rates MEX:CME with a GF Score™ of 86/100 and a GF Value™ of MXN4,817.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 617 Capital Markets companies, CME Group ranks better than 86.06% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. CME Group's Gross Profit for the
three
months ended in Mar. 2026 was MXN29,882 Mil. CME Group's Revenue for the
three
months ended in Mar. 2026 was MXN33,903 Mil. Therefore, CME Group's Gross Margin % for the quarter that ended in Mar. 2026 was 88.14%.
The historical rank and industry rank for CME Group's Gross Margin % or its related term are showing as below:
MEX:CME'
s Gross Margin % Range Over the Past 10 Years
Min: 81.54 Med: 84.71 Max: 86.34
Current: 86.34
During the past 13 years, the highestGross Margin % of CME Group was 86.34%. The lowest was 81.54%. And the median was 84.71%.
MEX:CME's Gross Margin % is ranked better than 86.06% of 617
companies
in the Capital Markets industry
Industry Median: 48.3
vs MEX:CME: 86.34
CME Group had a gross margin of 88.14% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for CME Group was 1.00% per year.
CME Group (MEX:CME) 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
CME Group had a gross margin of 88.14% 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.
CME Group Gross Margin % Related Terms
CME Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for CME Group'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.
MEX:CME vs ICE, MCO, SPGI: Gross Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, CME Group'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.
CME Group Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CME Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CME Group'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.
CME Group (MEX:CME) has a Gross Margin % of 88.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CME Group and its competitors. This is near median its historical median of 84.71. Over the past decade, CME Group's Gross Margin % has ranged from 81.54 to 86.34. According to the industry distribution chart, CME Group ranks #86 out of 617 companies in the Capital Markets industry, placing it in the top 13.9%.
Is CME Group's Gross Margin % too high?
CME Group's current Gross Margin % of 88.14% is near median its 10-year median of 84.71. Over the past 10 years, this metric has ranged from a low of 81.54 to a high of 86.34. The Capital Markets industry median Gross Margin % is 48.30. CME Group's value of 88.14% is 82.5% above this industry median. Based on the distribution chart, CME Group ranks #86 out of 617 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, CME Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CME Group's Gross Margin % compare to ICE and MCO?
According to the Capital Markets industry distribution chart, CME Group ranks #86 out of 617 companies for Gross Margin %. This places CME Group in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 48.30. CME Group's value of 88.14% is 82.5% above this benchmark. Historically, CME Group's own Gross Margin % has ranged from 81.54 to 86.34 over the past decade. While the company's 10-year median is 84.71 vs. the industry median of 48.30, CME Group 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. CME Group's current Gross Margin % of 88.14% is 82.5% 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 CME Group 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. CME Group's current Gross Margin % is 88.14%, which is near median its own 10-year median of 84.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CME Group stock overvalued right now?
Based on GuruFocus' analysis, CME Group (MEX:CME) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,817.20, compared to a current price of MXN3,929.00 — trading 18.4% below its estimated fair value. The current Gross Margin % is 88.14%, which is near median its 10-year median of 84.71 and 82.5% above the Capital Markets industry median of 48.30. CME Group's overall GF Score™ is 86/100 with 4 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 CME Group (MEX:CME), the current Gross Margin % is 88.14% 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 CME Group (MEX:CME) Overvalued in 2026?
Based on GuruFocus' analysis, CME Group stock appears to be undervalued.
The current stock price of MXN3,929.00 is trading 18.4% below its estimated GF Value™ of MXN4,817.20.
GuruFocus considers CME Group to be Modestly Undervalued.
Key valuation signals for MEX:CME:
Gross Margin %: 88.14% (near median its 10-year median of 84.71)
GF Value™: MXN4,817.20 vs. price of MXN3,929.00 (18.4% below fair value)
Industry Position: 82.5% above the Capital Markets median (#86 of 617)
No single metric tells the full story. See the MEX:CME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The Chicago Mercantile Exchange was founded in 1898 and in 2002 completed its IPO. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indexes, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX, it also expanded into cash foreign exchange, fixed-income trading, and collateral optimization.
86GF Score
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