MarketAxess Holdings Inc. (BIT:1MKTX)

MarketAxess Holdings Statistics

Total Valuation

BIT:1MKTX has a market cap or net worth of EUR 6.78 billion. The enterprise value is 6.34 billion.

Market Cap	6.78B
Enterprise Value	6.34B

Important Dates

The last earnings date was Wednesday, July 23, 2025.

Earnings Date	Jul 23, 2025
Ex-Dividend Date	May 20, 2025

Share Statistics

Current Share Class	37.50M
Shares Outstanding	n/a
Shares Change (YoY)	-0.27%
Shares Change (QoQ)	-0.39%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	36.76M

Valuation Ratios

The trailing PE ratio is 33.81 and the forward PE ratio is 27.39.

PE Ratio	33.81
Forward PE	27.39
PS Ratio	8.98
PB Ratio	5.44
P/TBV Ratio	7.21
P/FCF Ratio	17.90
P/OCF Ratio	17.45
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.41, with an EV/FCF ratio of 16.74.

EV / Earnings	31.62
EV / Sales	9.12
EV / EBITDA	17.41
EV / EBIT	22.00
EV / FCF	16.74

Financial Position

The company has a current ratio of 8.86, with a Debt / Equity ratio of 0.05.

Current Ratio	8.86
Quick Ratio	7.40
Debt / Equity	0.05
Debt / EBITDA	0.17
Debt / FCF	0.17
Interest Coverage	224.80

Financial Efficiency

Return on equity (ROE) is 16.25% and return on invested capital (ROIC) is 14.96%.

Return on Equity (ROE)	16.25%
Return on Assets (ROA)	11.06%
Return on Invested Capital (ROIC)	14.96%
Return on Capital Employed (ROCE)	19.44%
Revenue Per Employee	846,651
Profits Per Employee	224,946
Employee Count	891
Asset Turnover	0.43
Inventory Turnover	n/a

Taxes

In the past 12 months, BIT:1MKTX has paid 132.63 million in taxes.

Income Tax	132.63M
Effective Tax Rate	39.82%

Stock Price Statistics

Beta (5Y)	n/a
52-Week Price Change	n/a
50-Day Moving Average	189.35
200-Day Moving Average	n/a
Relative Strength Index (RSI)	36.61
Average Volume (20 Days)	n/a

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	2.90

Income Statement

In the last 12 months, BIT:1MKTX had revenue of EUR 754.37 million and earned 200.43 million in profits. Earnings per share was 5.33.

Revenue	754.37M
Gross Profit	468.20M
Operating Income	311.56M
Pretax Income	333.06M
Net Income	200.43M
EBITDA	379.90M
EBIT	311.56M
Earnings Per Share (EPS)	5.33

Balance Sheet

The company has 542.53 million in cash and 65.56 million in debt, giving a net cash position of 476.97 million.

Cash & Cash Equivalents	542.53M
Total Debt	65.56M
Net Cash	476.97M
Net Cash Per Share	n/a
Equity (Book Value)	1.25B
Book Value Per Share	33.18
Working Capital	1.06B

Cash Flow

In the last 12 months, operating cash flow was 388.41 million and capital expenditures -9.88 million, giving a free cash flow of 378.54 million.

Operating Cash Flow	388.41M
Capital Expenditures	-9.88M
Free Cash Flow	378.54M
FCF Per Share	n/a

Margins

Gross margin is 62.06%, with operating and profit margins of 41.30% and 26.57%.

Gross Margin	62.06%
Operating Margin	41.30%
Pretax Margin	44.15%
Profit Margin	26.57%
EBITDA Margin	50.36%
EBIT Margin	41.30%
FCF Margin	50.18%

Dividends & Yields

This stock pays an annual dividend of 2.77, which amounts to a dividend yield of 1.49%.

Dividend Per Share	2.77
Dividend Yield	1.49%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	51.93%
Buyback Yield	0.27%
Shareholder Yield	1.76%
Earnings Yield	2.96%
FCF Yield	5.59%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

BIT:1MKTX has an Altman Z-Score of 12.57 and a Piotroski F-Score of 5.

Altman Z-Score	12.57
Piotroski F-Score	5