Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 52.29% is in line with its 5-year average of 48.73%, near the high end of its 5-year range (42.90%–53.14%).
0.73% above its 12-month average of 51.91%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 50.71%.
GROSS MARGIN
52.29%
GROSS MARGIN AVG TTM
51.91%
GROSS MARGIN AVG 3Y
51.20%
GROSS MARGIN AVG 5Y
48.73%
GROSS MARGIN AVG 10Y
45.99%
GROSS MARGIN AVG 15Y
61.95%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.73%
CURRENT VS 3Y AVG
+2.12%
CURRENT VS 5Y AVG
+7.30%
CURRENT VS 10Y AVG
+13.70%
CURRENT VS 15Y AVG
-15.59%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-10.73%
vs the sector median at left
Cboe Global Markets, Inc.
Market Cap
$27.00B
Gross Margin
52.29%
TTM Avg
51.91%
3Y Avg
51.20%
5Y Avg
48.73%
Market Cap
$27.30B
Gross Margin
42.06%
TTM Avg
43.33%
3Y Avg
43.29%
5Y Avg
42.49%
Market Cap
$27.71B
Gross Margin
72.37%
TTM Avg
63.66%
3Y Avg
68.09%
5Y Avg
73.72%
Market Cap
$24.95B
Gross Margin
52.29%
TTM Avg
48.41%
3Y Avg
41.92%
5Y Avg
45.37%
Market Cap
$24.88B
Gross Margin
19.81%
TTM Avg
21.35%
3Y Avg
21.74%
5Y Avg
20.83%
Market Cap
$24.57B
Gross Margin
48.54%
TTM Avg
45.39%
3Y Avg
49.23%
5Y Avg
48.30%
Market Cap
$23.79B
Gross Margin
8.67%
TTM Avg
16.13%
3Y Avg
23.51%
5Y Avg
2.92%
Market Cap
$23.73B
Gross Margin
52.26%
TTM Avg
48.14%
3Y Avg
50.84%
5Y Avg
55.56%
Market Cap
$23.57B
Gross Margin
76.85%
TTM Avg
72.50%
3Y Avg
78.47%
5Y Avg
82.29%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cboe Global Markets, Inc. (CBOE) | $27.00B | 52.29% | 51.91% | 51.20% | 48.73% |
| Willis Towers Watson Public Limited Company (WTW)vs › | $27.30B | 42.06% | 43.33% | 43.29% | 42.49% |
| Citizens Financial Group, Inc. (CFG)vs › | $27.71B | 72.37% | 63.66% | 68.09% | 73.72% |
| Cincinnati Financial Corporation (CINF)vs › | $24.95B | 52.29% | 48.41% | 41.92% | 45.37% |
| W. R. Berkley Corporation (WRB)vs › | $24.88B | 19.81% | 21.35% | 21.74% | 20.83% |
| Principal Financial Group, Inc. (PFG)vs › | $24.57B | 48.54% | 45.39% | 49.23% | 48.30% |
| Circle Internet Group (CRCL)vs › | $23.79B | 8.67% | 16.13% | 23.51% | 2.92% |
| Synchrony Financial (SYF)vs › | $23.73B | 52.26% | 48.14% | 50.84% | 55.56% |
| Regions Financial Corporation (RF)vs › | $23.57B | 76.85% | 72.50% | 78.47% | 82.29% |
| Raymond James Financial, Inc. (RJF)vs › | $30.71B | 83.54% | 86.80% | 89.56% | 91.99% |
Gross Margin
52.3%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 50.71% |
| 2026-03-31 | 52.63% |
| 2025-12-31 | 53.14% |
| 2025-09-30 | 53.03% |
| 2025-06-30 | 50.05% |
| 2025-03-31 | 47.30% |
| 2024-12-31 | 47.35% |
| 2024-09-30 | 50.39% |
| 2024-06-30 | 52.75% |
| 2024-03-31 | 52.46% |
| 2023-12-31 | 51.51% |
| 2023-09-30 | 52.87% |
| 2023-06-30 | 51.45% |
| 2023-03-31 | 47.70% |
| 2022-12-31 | 45.50% |
| 2022-09-30 | 44.53% |
| 2022-06-30 | 43.02% |
| 2022-03-31 | 42.90% |
| 2021-12-31 | 45.07% |
| 2021-09-30 | 45.24% |
| 2021-06-30 | 43.78% |
| 2021-03-31 | 36.16% |
| 2020-12-31 | 36.38% |
| 2020-09-30 | 36.84% |
| 2020-06-30 | 34.18% |
| 2020-03-31 | 38.88% |
| 2019-12-31 | 46.83% |
| 2019-09-30 | 43.53% |
| 2019-06-30 | 45.63% |
| 2019-03-31 | 46.55% |
| 2018-12-31 | 44.72% |
| 2018-09-30 | 46.97% |
| 2018-06-30 | 42.47% |
| 2018-03-31 | 42.24% |
| 2017-12-31 | 42.79% |
| 2017-09-30 | 44.11% |
| 2017-06-30 | 41.65% |
| 2017-03-31 | 54.30% |
| 2016-12-31 | 94.94% |
| 2016-09-30 | 87.19% |
| 2016-06-30 | 88.23% |
| 2016-03-31 | 88.15% |
| 2015-12-31 | 88.57% |
| 2015-09-30 | 88.32% |
| 2015-06-30 | 88.73% |
| 2015-03-31 | 90.09% |
| 2014-12-31 | 88.43% |
| 2014-09-30 | 89.10% |
| 2014-06-30 | 89.78% |
| 2014-03-31 | 89.93% |
| 2013-12-31 | 89.39% |
| 2013-09-30 | 89.88% |
| 2013-06-30 | 90.37% |
| 2013-03-31 | 90.77% |
| 2012-12-31 | 64.53% |
| 2012-09-30 | 91.19% |
| 2012-06-30 | 90.95% |
| 2012-03-31 | 90.78% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-06-29 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
