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	Jun '24 Jun 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	777.51	752.55	718.3	698.95	688.25	510.35	Upgrade
Other Revenue	-	-	-	-	0.88	1	Upgrade
Revenue	777.51	752.55	718.3	698.95	689.13	511.35	Upgrade
Revenue Growth (YoY)	6.07%	4.77%	2.77%	1.43%	34.77%	17.40%	Upgrade
Cost of Revenue	291.57	269.63	235.07	213.39	190.98	157.87	Upgrade
Gross Profit	485.94	482.92	483.23	485.56	498.15	353.48	Upgrade
Selling, General & Admin	94.52	97.34	94.97	94.85	87.41	75.74	Upgrade
Operating Expenses	168.16	167.9	156.42	148.3	123.4	102.6	Upgrade
Operating Income	317.78	315.02	326.81	337.26	374.74	250.88	Upgrade
Interest Expense	-2.74	-1.98	-0.7	-0.84	-1.14	-	Upgrade
Interest & Investment Income	25.24	22.43	5.04	0.4	2.45	8.06	Upgrade
Earnings From Equity Investments	1.01	0.74	1.13	-	-	-	Upgrade
Currency Exchange Gain (Loss)	-0.9	2.1	-0.9	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-1.31	-5.44	6.91	-2.9	-1.69	-1.52	Upgrade
EBT Excluding Unusual Items	339.07	332.86	338.29	333.92	374.36	257.42	Upgrade
Other Unusual Items	-0.16	-0.16	-	-	-	-	Upgrade
Pretax Income	338.61	332.7	338.29	333.92	374.36	257.42	Upgrade
Income Tax Expense	76.49	74.65	88.06	76.04	74.98	52.52	Upgrade
Earnings From Continuing Operations	262.12	258.06	250.22	257.89	299.38	204.9	Upgrade
Net Income	262.12	258.06	250.22	257.89	299.38	204.9	Upgrade
Net Income to Common	262.12	258.06	250.22	257.89	299.38	204.9	Upgrade
Net Income Growth	4.01%	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)	0.32%	0.03%	-1.19%	-0.12%	0.50%	0.27%	Upgrade
EPS (Basic)	6.96	6.87	6.68	6.88	8.01	5.53	Upgrade
EPS (Diluted)	6.94	6.85	6.65	6.77	7.85	5.40	Upgrade
EPS Growth	3.44%	3.01%	-1.77%	-13.76%	45.37%	18.16%	Upgrade
Free Cash Flow	317.8	324.44	276.09	264.6	389.48	253.64	Upgrade
Free Cash Flow Per Share	8.43	8.62	7.33	6.95	10.21	6.68	Upgrade
Dividend Per Share	2.920	2.880	2.800	2.640	2.400	2.040	Upgrade
Dividend Growth	2.82%	2.86%	6.06%	10.00%	17.65%	21.43%	Upgrade
Gross Margin	62.50%	64.17%	67.27%	69.47%	72.29%	69.13%	Upgrade
Operating Margin	40.87%	41.86%	45.50%	48.25%	54.38%	49.06%	Upgrade
Profit Margin	33.71%	34.29%	34.84%	36.90%	43.44%	40.07%	Upgrade
Free Cash Flow Margin	40.87%	43.11%	38.44%	37.86%	56.52%	49.60%	Upgrade
EBITDA	391.42	385.58	388.26	390.71	410.74	277.74	Upgrade
EBITDA Margin	50.34%	51.24%	54.05%	55.90%	59.60%	54.31%	Upgrade
D&A For EBITDA	73.65	70.56	61.45	53.45	36	26.86	Upgrade
EBIT	317.78	315.02	326.81	337.26	374.74	250.88	Upgrade
EBIT Margin	40.87%	41.86%	45.50%	48.25%	54.38%	49.06%	Upgrade
Effective Tax Rate	22.59%	22.44%	26.03%	22.77%	20.03%	20.40%	Upgrade
Revenue as Reported	777.51	752.55	718.3	698.95	689.13	511.35	Upgrade

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