MarketAxess Holdings Inc. (MKTX)

Accolade Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	222.84	274.18	258.06	250.22	257.89	299.38
Depreciation & Amortization	81.73	80.46	76.41	67.15	60.25	42.84
Stock-Based Compensation	29.95	29.68	29.19	29.86	27.31	25.61
Other Operating Activities	5.75	4.44	-4.21	-14.78	2.65	9.55
Change in Accounts Receivable	59.09	316.36	-188.16	-62.77	-141.31	-200.89
Change in Accounts Payable	-78.33	-314.69	220.69	86.05	96.21	139.33
Change in Income Taxes	93.32	-3.28	-14.69	-4.77	-5.64	16.19
Change in Other Net Operating Assets	-9.32	-1.29	-18.27	-12.23	-7.39	7.2
Operating Cash Flow	404.68	385.24	333.77	289.23	282.09	404.49
Operating Cash Flow Growth	20.89%	15.42%	15.40%	2.53%	-30.26%	52.10%
Capital Expenditures	-4.19	-9.94	-9.33	-13.14	-17.49	-15.01
Cash Acquisitions	-36.52	-	-78.48	-	-17.08	-23.3
Sale (Purchase) of Intangibles	-48.71	-46.62	-43.12	-38.73	-33.12	-30.62
Investment in Securities	-31.95	-30.37	-24.37	-34.4	-	137.79
Investing Cash Flow	-121.36	-86.94	-155.29	-86.27	-67.69	68.87
Short-Term Debt Issued	-	344.93	124	100	70.35	578.36
Total Debt Issued	244.93	344.93	124	100	70.35	578.36
Short-Term Debt Repaid	-	-344.93	-124	-100	-70.35	-578.36
Total Debt Repaid	-244.93	-344.93	-124	-100	-70.35	-578.36
Issuance of Common Stock	1.01	2.99	0.94	0.67	7.1	4.01
Repurchase of Common Stock	-117.58	-91.67	-25.84	-110.94	-97.08	-58.55
Common Dividends Paid	-113.11	-112.7	-109.66	-105.94	-99.79	-90.57
Other Financing Activities	-	-	-12.5	-26.16	-	-
Financing Cash Flow	-229.68	-201.38	-147.06	-242.38	-189.78	-145.11
Foreign Exchange Rate Adjustments	22.68	-8.14	7.59	-13.48	-7.11	5.55
Net Cash Flow	76.32	88.79	39.01	-52.9	17.52	333.8
Free Cash Flow	400.49	375.3	324.44	276.09	264.6	389.48
Free Cash Flow Growth	26.02%	15.67%	17.51%	4.34%	-32.06%	53.55%
Free Cash Flow Margin	47.84%	45.93%	43.11%	38.44%	37.86%	56.52%
Free Cash Flow Per Share	10.68	9.96	8.62	7.33	6.95	10.21
Cash Interest Paid	1.2	1.72	1.87	0.65	0.83	1.14
Cash Income Tax Paid	59.58	96.93	94.81	88.68	70	45.05
Levered Free Cash Flow	359.47	632.18	-21.21	113.34	133.5	-29.07
Unlevered Free Cash Flow	360.11	633.18	-19.97	113.78	134.03	-28.35
Change in Working Capital	64.42	-3.53	-25.68	-43.24	-66.01	27.11

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q