MarketAxess Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Operating Revenue	811.94	752.55	718.3	698.95	688.25	510.35	Upgrade
Other Revenue	-	-	-	-	0.88	1	Upgrade
Revenue	811.94	752.55	718.3	698.95	689.13	511.35	Upgrade
Revenue Growth (YoY)	10.74%	4.77%	2.77%	1.43%	34.77%	17.40%	Upgrade
Cost of Revenue	304.05	269.63	235.07	213.39	190.98	157.87	Upgrade
Gross Profit	507.89	482.92	483.23	485.56	498.15	353.48	Upgrade
Selling, General & Admin	95.15	97.34	94.97	94.85	87.41	75.74	Upgrade
Operating Expenses	169.97	167.9	156.42	148.3	123.4	102.6	Upgrade
Operating Income	337.92	315.02	326.81	337.26	374.74	250.88	Upgrade
Interest Expense	-2.92	-1.98	-0.7	-0.84	-1.14	-	Upgrade
Interest & Investment Income	25.6	22.43	5.04	0.4	2.45	8.06	Upgrade
Earnings From Equity Investments	1.22	0.74	1.13	-	-	-	Upgrade
Currency Exchange Gain (Loss)	5.27	2.1	-0.9	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-9.75	-5.44	6.91	-2.9	-1.69	-1.52	Upgrade
EBT Excluding Unusual Items	357.34	332.86	338.29	333.92	374.36	257.42	Upgrade
Other Unusual Items	-0.16	-0.16	-	-	-	-	Upgrade
Pretax Income	359.76	332.7	338.29	333.92	374.36	257.42	Upgrade
Income Tax Expense	81.09	74.65	88.06	76.04	74.98	52.52	Upgrade
Earnings From Continuing Operations	278.67	258.06	250.22	257.89	299.38	204.9	Upgrade
Net Income	278.67	258.06	250.22	257.89	299.38	204.9	Upgrade
Net Income to Common	278.67	258.06	250.22	257.89	299.38	204.9	Upgrade
Net Income Growth	12.52%	3.13%	-2.97%	-13.86%	46.11%	18.54%	Upgrade
Shares Outstanding (Basic)	38	38	37	38	37	37	Upgrade
Shares Outstanding (Diluted)	38	38	38	38	38	38	Upgrade
Shares Change (YoY)	0.34%	0.03%	-1.19%	-0.12%	0.50%	0.27%	Upgrade
EPS (Basic)	7.40	6.87	6.68	6.88	8.01	5.53	Upgrade
EPS (Diluted)	7.39	6.85	6.65	6.77	7.85	5.40	Upgrade
EPS Growth	12.13%	3.01%	-1.77%	-13.76%	45.37%	18.16%	Upgrade
Free Cash Flow	338.88	324.44	276.09	264.6	389.48	253.64	Upgrade
Free Cash Flow Per Share	8.98	8.62	7.33	6.95	10.21	6.68	Upgrade
Dividend Per Share	2.940	2.880	2.800	2.640	2.400	2.040	Upgrade
Dividend Growth	2.80%	2.86%	6.06%	10.00%	17.65%	21.43%	Upgrade
Gross Margin	62.55%	64.17%	67.27%	69.47%	72.29%	69.13%	Upgrade
Operating Margin	41.62%	41.86%	45.50%	48.25%	54.38%	49.06%	Upgrade
Profit Margin	34.32%	34.29%	34.84%	36.90%	43.44%	40.07%	Upgrade
Free Cash Flow Margin	41.74%	43.11%	38.44%	37.86%	56.52%	49.60%	Upgrade
EBITDA	412.74	385.58	388.26	390.71	410.74	277.74	Upgrade
EBITDA Margin	50.83%	51.24%	54.05%	55.90%	59.60%	54.31%	Upgrade
D&A For EBITDA	74.81	70.56	61.45	53.45	36	26.86	Upgrade
EBIT	337.92	315.02	326.81	337.26	374.74	250.88	Upgrade
EBIT Margin	41.62%	41.86%	45.50%	48.25%	54.38%	49.06%	Upgrade
Effective Tax Rate	22.54%	22.44%	26.03%	22.77%	20.03%	20.40%	Upgrade
Revenue as Reported	811.94	752.55	718.3	698.95	689.13	511.35	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.