CME CME Group margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 91

Gross margin

100%

Operating margin

65.7%

EBITDA margin

89.8%

Net margin

63.1%

Currently, CME Group has a gross margin of 100%, an operating margin of 65.7%, an EBITDA margin of 89.8%, and a net margin of 63.1%. The largest improvement was in EBITDA margin, up 6.3 percentage points; the remaining margins held steady.

CME margin history

Gross, operating, EBITDA and net margin trends

CME Group's margins averaged 100% gross, 64.22% operating, 84.55% EBITDA, and 58.98% net during the last 3 years. At present, operating, EBITDA, and net margins are above their three-year averages.

CME margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 0.7 percentage points, EBITDA margin by 6.3 percentage points, and net margin by 4.4 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

0.7pp

EBITDA margin expansion

6.3pp

Net margin expansion

4.4pp

CME Gross margin

Over the last 3 years, CME Group recorded an average gross margin of 100%. CME Group's current gross margin is 100% and is in line with its three-year average. The highest gross margin for CME Group was 100% in Sep 2026, while the lowest was 100% in Dec 2023.

CME Operating margin

Over the last 3 years, CME Group's operating margin averaged 64.22%. Currently, CME Group's current operating margin is 65.7%, which is 1.5 percentage points above its three-year average. During this period, operating margin reached a high of 65.7% in Sep 2026 and a low of 61.6% in Dec 2023.

CME EBITDA margin

CME Group recorded an average EBITDA margin of 84.55% across the last 3 years. CME Group currently reports an EBITDA margin of 89.8%, 5.3 percentage points above its three-year average. The highest EBITDA margin for CME Group was 90.1% in Mar 2026, while the lowest was 81.2% in Jun 2024.

CME Net margin

Across the last 3 years, CME Group recorded an average net margin of 58.98%. CME Group's current net margin is 63.1% and is 4.1 percentage points above its three-year average. The highest net margin for CME Group was 63.1% in Sep 2026, while the lowest was 56.1% in Mar 2024.

CME margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 100%, CME stands above the Financial Services sector, the industry and its peers average. Looking at its Financial Services sector average of 83.5%, CME Group's gross margin is 20% higher.

CME margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is CME Group's gross margin?

As of Sep 30, 2026, CME has a gross margin of 100%.

What is CME Group's operating margin?

For the period ending Sep 30, 2026, CME recorded an operating margin of 65.7%.

What is CME Group's EBITDA margin?

For the period ending Sep 30, 2026, CME recorded an EBITDA margin of 89.8%.

What is CME Group's net margin?

The current net margin for CME is 63.1% as of Sep 30, 2026.

What are the average margins of CME?

Over the last 3 years, CME Group's margins averaged 100.0% gross, 64.2% operating, 84.6% EBITDA, and 59.0% net.

What are the highest historical margins of CME?

In the last 5 years, the highest margins reported by CME were 100% gross in Sep 2026, 65.7% operating in Sep 2026, 90.1% EBITDA in Mar 2026, and 63.1% net in Sep 2026.

What are the lowest historical margins of CME?

Across the 5-year period, CME posted its lowest margins at 100% gross in Dec 2021, 56.4% operating in Dec 2021, 79.3% EBITDA in Dec 2022, and 52.9% net in Dec 2022.