Is a complete MKTX research report available?

No complete published report is available for MarketAxess Holdings Inc. (MKTX) on this page. Market-directory data, when present, is not a substitute for a reviewed stock analysis.

MKTX Stock Analysis, Forecast & Valuation

Market cap	4.5B
Revenue (ttm)	871.1M
Net income (ttm)	309.4M
EPS (ttm)	$8.45
Shares out	35.5M
P/E (trailing)	14.9x
P/E (forward)	15.8x
Dividend	$3.12 (2.48%)
Volume	645,981

Beta	0.87

Price target	$154	+22.3%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AXP	American Express Company	223.9B	20.1x	3.2x	11.9%	+13.2%	+7.8%	Reduce
BAC	Bank of America Corporation	428.6B	14.1x	3.8x	—	+5.6%	+29.4%	Reduce
BK	The Bank of New York Mellon Corporation	—	—	—	—	—	—	Reduce

All MKTX indicators

Market & fundamental data

Available fields

286

Groups with data

Currency

USD

Showing 286 of 286 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0001278021
Company name	MarketAxess Holdings Inc.
Country	United States
Country code	US
Cusip	57060D108
Employees	868
Employees Change	-23%
Employees Change Percent	-2.58
Enterprise value	$4.3B
Exchange	NASDAQ
Financial currency	USD
First seen	2026-05-09
Industry	Capital Markets
Industry PE	26.6
Industry PE Fwd	14.97
IPO Date	2004-11-05
Isin	US57060D1081
Last refreshed	2026-07-30
Market cap	$4.5B
Market cap category	Mid-Cap
Price	$126
Price currency	USD
Rev Per Employee	1,003,539.17x
Sector	Financials
Sector PE	17.17
Sector PE Fwd	14.5
Sic	6211
Symbol	MKTX
Website	https://www.marketaxess.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	6.93%
EV Earnings	13.84x
EV Sales Forward	4.77x
EV/EBIT	12.09x
EV/EBITDA	9.74x
EV/FCF	15.82x
EV/Sales	4.92x
FCF yield	6.06%
Forward P/E	15.81x
P/B ratio	3.64x
P/E ratio	14.88x
P/S ratio	5.13x
PE Ratio10 Y	47.79x
PE Ratio3 Y	32.74x
PE Ratio5 Y	39.91x
PEG ratio	3.3x
PS Forward	4.97x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	40.68%
EBITDA Margin	50.48%
FCF margin	31.07%
Gross margin	62.06%
Gross Profit	$540.6M
Gross Profit Growth	6.82%
Gross Profit Growth Q	12.2%
Gross Profit Growth3 Y	3.12%
Gross Profit Growth5 Y	0.94%
Net Income	$309.4M
Net Income Growth	42.84%
Net Income Growth Q	416.97%
Net Income Growth Quarters	2%
Net Income Growth Years	0%
Net Income Growth3 Y	6.1%
Net Income Growth5 Y	0.29%
Pretax Margin	43.02%
Profit Margin	35.52%
Profit Per Employee	$356,502
Profitable Quarters	$90
Profitable Years	23
ROA	10.79
Roa5y	12.29
ROCE	18.09
ROE	24.3
Roe5y	22.2
ROIC	32.43
Roic5y	35.24

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	-1.43%
Cagr15y	12.58%
Cagr1y	-38.35%
Cagr20y	14.74%
Cagr3y	-21.42%
Cagr5y	-22.26%
Div CAGR10	12.84%
Div CAGR3	2.74%
Div CAGR5	4.1%
EPS Growth	46.6
EPS Growth Q	450
EPS Growth Quarters	2
EPS Growth Years	0
EPS Growth3 Y	6.99
EPS Growth5 Y	1.1
FCF Growth	-33.85%
FCF Growth3 Y	-4.27%
FCF Growth5 Y	1.93%
OCF Growth	-33.98%
OCF Growth10 Y	17.05%
OCF Growth3 Y	-4.72%
OCF Growth5 Y	1.21%
Revenue Growth	6.83x
Revenue Growth Q	11.89x
Revenue Growth Quarters	4x
Revenue Growth Years	17x
Revenue Growth3 Y	5.81x
Revenue Growth5 Y	4.01x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.42
Assets	$2.3B
Cash	$477.6M
Current Assets	$1.7B
Current Liabilities	$342M
Debt	$292M
Debt EBITDA	$0.66
Debt Equity	$0.24
Debt FCF	$1.08
Equity	$1.2B
Interest Coverage	92.29
Liabilities	$1.1B
Long Term Assets	$611.6M
Long Term Liabilities	$755.6M
Net Cash	$185.7M
Net Cash By Market Cap	$4.16
Net Cash Growth	-63.98%
Net Debt EBITDA	$-0.42
Net Debt Equity	$-0.15
Net Debt FCF	$-0.69
Tangible Book Value	$801.4M
Tangible Book Value Per Share	$22.55
WACC	8.55

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	4.94
Net Working Capital	$1.1B
Quick ratio	4.28
Working Capital	$1.3B
Working Capital Turnover	$0.7

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	2.58%
Dividend Growth	2.67%
Dividend Growth Years	12%
Dividend per share	$3.12
Dividend Years	18
Dividend Yield	2.48%
Ex Div Date	2026-05-20
Last Dividend	$0.78
Payout Frequency	Quarterly
Payout Ratio	36.92%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	-13.42%
1Y total return	-38.33%
200-day SMA	157.9
3Y total return	-51.5%
50-day SMA	120.4
50-day SMA vs 200-day SMA	50under200
5Y total return	-71.6%
All Time High	606.5
All Time High Change	-79.27%
All Time High Date	2020-11-09
All Time Low	3.96
All Time Low Change	3,075%
All Time Low Date	2008-10-16
ATR	3.74
Beta	0.87
Beta1y	0.07
Beta2y	-0.09
Ch YTD	-30.63
High	126.2
High52	210.9
High52 Date	2025-07-30
High52ch	-40.4%
Low	121.5
Low52	108.8
Low52 Date	2026-06-25
Low52ch	15.61%
Ma50ch	4.43%
Price vs 200-day SMA	-20.36%
RSI	64.72
RSI Monthly	36.17
RSI Weekly	36.96
Sharpe ratio	-1.65x
Sortino ratio	-1.95
Total Return	5.06%
Tr YTD	-29.94
Tr15y	491.33%
Tr1m	11.72%
Tr1w	11.32%
Tr3m	-20.23%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	14
Analyst Count Top	8
Analyst Price Target Top	$161
Analyst Ratings	Hold
Analyst Ratings Top	Buy
Earnings EPS Estimate	$1.88
Earnings EPS Estimate Growth	-6
Earnings Revenue Estimate	218,342,344x
Earnings Revenue Estimate Growth	-0.51x
Operating Income	$360.9M
Operating Income Growth	7.18
Operating Income Growth Q	15.87
Operating Income Growth3 Y	2.6
Operating Income Growth5 Y	-1.39
Operating margin	41.43
Price target	$154
Price Target Change	$22.27
Price Target Change Top	$27.82

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	30,755,562%
Float Percent	86.54%
Net Borrowing	228,250,000
Shares Insiders	0.65%
Shares Institutions	97.03%
Shares Out	35,539,453
Shares Qo Q	-3.54%
Shares Yo Y	-2.58%
Short Float	6.84%
Short Ratio	2.87
Short Shares	5.92

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	$237.9M
Adjusted OCF	244,443,000
Average Volume	514,470.6x
Bv Per Share	33.49
CAPEX	$-6.5M
Ch10y	-21.3
Ch15y	387.9
Ch1m	11.72
Ch1w	11.32
Ch1y	-39.46
Ch20y	1,149.8
Ch3m	-20.67
Ch3y	-53.6
Ch5y	-73.3
Ch6m	-25.41
Change	3.02%
Change From Open	3.16
Close	122.1
Days Gap	-0.14
Depreciation Amortization	77,673,000
Dollar Volume	81,219,191.1
Earnings Date	2026-08-07
Earnings Time	bmo
EBIT	$354.4M
EBITDA	$439.7M
EPS	$8.45
F Score	3
FCF	$270.6M
FCF EV Yield	6.32x
FCF Per Share	$7.62
Financing CF	-283,968,000
Fiscal Year End	December
Founded	2,000
Goodwill	283,667,000
Graham Number	79.80104
Graham Upside	-36.53
Income Tax	$64.8M
Investing CF	-99,043,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-05-07
Last Report Date	2026-03-31
Last Split Type	Never
Last10k Filing Date	2026-02-24
Lynch Fair Value	$42.25
Lynch Upside	-66.39
Ma150	154.1
Ma150ch	-18.44%
Ma20	116.2
Ma20ch	8.24%
Net CF	-96,218,000
Next Earnings Date	2026-08-07
Open	121.9
Optionable	Yes
P FCF Ratio	16.51
P FCF Ratio SBC	18.78
P OCF Ratio	16.12
P OCF Ratio SBC	18.28
Payment Date	2026-06-03
Position In Range	90.69
Post Close	125.7
Postmarket Change Percent	-0.01
Postmarket Price	$126
Ppne	162,628,000
Price Date	2026-07-29
Price EBITDA	$10.16
Ptbv Ratio	5.58
Relative Volume	1.26x
Revenue	871,072,000x
SBC By Revenue	3.76x
Share Based Comp	32,738,000
Tax By Revenue	7.44x
Tax Rate	17.29%
Tr20y	1,463.82%
Tr6m	-24.67%
Us State	New York
Volume	645,981
Z Score	6.43

MarketAxess Holdings Inc. (MKTX)

Coverage state: Market snapshot only — no published research

Generate the first MKTX analysis

Price

Financial snapshot

Fair-value bridge

Analyst consensus

Latest news · MKTX

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All MKTX indicators

Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

Other indicators

Deeper analysis on MKTX

Frequently asked questions