MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $7.34 billion. The enterprise value is $7.00 billion.
| Market Cap | 7.34B |
| Enterprise Value | 7.00B |
Important Dates
The next estimated earnings date is Thursday, July 18, 2024, before market open.
| Earnings Date | Jul 18, 2024 |
| Ex-Dividend Date | May 21, 2024 |
Share Statistics
MKTX has 37.90 million shares outstanding. The number of shares has increased by 0.39% in one year.
| Shares Outstanding | 37.90M |
| Shares Change (YoY) | +0.39% |
| Shares Change (QoQ) | -0.04% |
| Owned by Insiders (%) | 2.31% |
| Owned by Institutions (%) | 101.58% |
| Float | 37.18M |
Valuation Ratios
The trailing PE ratio is 28.46 and the forward PE ratio is 25.86. MKTX's PEG ratio is 2.84.
| PE Ratio | 28.46 |
| Forward PE | 25.86 |
| PS Ratio | 9.67 |
| Forward PS | 8.49 |
| PB Ratio | 5.57 |
| P/FCF Ratio | 27.76 |
| PEG Ratio | 2.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.00, with an EV/FCF ratio of 26.46.
| EV / Earnings | 27.23 |
| EV / Sales | 9.21 |
| EV / EBITDA | 17.00 |
| EV / EBIT | 21.00 |
| EV / FCF | 26.46 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.19 |
| Debt / FCF | 0.30 |
| Interest Coverage | 153.71 |
Financial Efficiency
Return on equity (ROE) is 20.70% and return on invested capital (ROIC) is 17.35%.
| Return on Equity (ROE) | 20.70% |
| Return on Assets (ROA) | 14.10% |
| Return on Capital (ROIC) | 17.35% |
| Revenue Per Employee | $862,311 |
| Profits Per Employee | $291,762 |
| Employee Count | 881 |
| Asset Turnover | 0.42 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $74.18 million in taxes.
| Income Tax | 74.18M |
| Effective Tax Rate | 22.40% |
Stock Price Statistics
The stock price has decreased by -26.07% in the last 52 weeks. The beta is 1.04, so MKTX's price volatility has been similar to the market average.
| Beta (5Y) | 1.04 |
| 52-Week Price Change | -26.07% |
| 50-Day Moving Average | 203.22 |
| 200-Day Moving Average | 226.98 |
| Relative Strength Index (RSI) | 42.47 |
| Average Volume (20 Days) | 466,663 |
Short Selling Information
The latest short interest is 1.02 million, so 2.70% of the outstanding shares have been sold short.
| Short Interest | 1.02M |
| Short Previous Month | 974,962 |
| Short % of Shares Out | 2.70% |
| Short % of Float | 2.75% |
| Short Ratio (days to cover) | 2.17 |
Income Statement
In the last 12 months, MKTX had revenue of $759.70 million and earned $257.04 million in profits. Earnings per share was $6.81.
| Revenue | 759.70M |
| Gross Profit | 759.70M |
| Operating Income | 312.16M |
| Pretax Income | 331.22M |
| Net Income | 257.04M |
| EBITDA | 411.77M |
| EBIT | 333.39M |
| Earnings Per Share (EPS) | $6.81 |
Balance Sheet
The company has $422.31 million in cash and $78.07 million in debt, giving a net cash position of $344.24 million or $9.08 per share.
| Cash & Cash Equivalents | 422.31M |
| Total Debt | 78.07M |
| Net Cash | 344.24M |
| Net Cash Per Share | $9.08 |
| Equity (Book Value) | 1.32B |
| Book Value Per Share | 34.78 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $321.29 million and capital expenditures -$56.70 million, giving a free cash flow of $264.59 million.
| Operating Cash Flow | 321.29M |
| Capital Expenditures | -56.70M |
| Free Cash Flow | 264.59M |
| FCF Per Share | $7.01 |
Margins
Gross margin is 100.00%, with operating and profit margins of 41.09% and 33.83%.
| Gross Margin | 100.00% |
| Operating Margin | 41.09% |
| Pretax Margin | 43.60% |
| Profit Margin | 33.83% |
| EBITDA Margin | 54.20% |
| EBIT Margin | 43.88% |
| FCF Margin | 34.83% |
Dividends & Yields
This stock pays an annual dividend of $2.96, which amounts to a dividend yield of 1.53%.
| Dividend Per Share | $2.96 |
| Dividend Yield | 1.53% |
| Dividend Growth (YoY) | 2.82% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 43.47% |
| Buyback Yield | -0.39% |
| Shareholder Yield | 1.14% |
| Earnings Yield | 3.50% |
| FCF Yield | 3.60% |
Analyst Forecast
The average price target for MKTX is $243.45, which is 25.62% higher than the current price. The consensus rating is "Hold".
| Price Target | $243.45 |
| Price Target Difference | 25.62% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 9.30% |
| EPS Growth Forecast (5Y) | 11.06% |
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
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |