MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $8.38 billion. The enterprise value is $7.91 billion.
| Market Cap | 8.38B |
| Enterprise Value | 7.91B |
Important Dates
The next estimated earnings date is Wednesday, January 29, 2025, before market open.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | Nov 20, 2024 |
Share Statistics
MKTX has 37.70 million shares outstanding. The number of shares has increased by 0.34% in one year.
| Current Share Class | 37.70M |
| Shares Outstanding | 37.70M |
| Shares Change (YoY) | +0.34% |
| Shares Change (QoQ) | -0.21% |
| Owned by Insiders (%) | 1.85% |
| Owned by Institutions (%) | 98.25% |
| Float | 36.97M |
Valuation Ratios
The trailing PE ratio is 30.09 and the forward PE ratio is 28.45. MKTX's PEG ratio is 8.67.
| PE Ratio | 30.09 |
| Forward PE | 28.45 |
| PS Ratio | 10.51 |
| Forward PS | 9.37 |
| PB Ratio | 6.16 |
| P/TBV Ratio | 8.02 |
| P/FCF Ratio | 24.74 |
| P/OCF Ratio | 23.91 |
| PEG Ratio | 8.67 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.17, with an EV/FCF ratio of 23.35.
| EV / Earnings | 28.39 |
| EV / Sales | 9.74 |
| EV / EBITDA | 19.17 |
| EV / EBIT | 23.41 |
| EV / FCF | 23.35 |
Financial Position
The company has a current ratio of 14.22, with a Debt / Equity ratio of 0.05.
| Current Ratio | 14.22 |
| Quick Ratio | 11.77 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.18 |
| Debt / FCF | 0.22 |
| Interest Coverage | 115.77 |
Financial Efficiency
Return on equity (ROE) is 21.63% and return on invested capital (ROIC) is 15.44%.
| Return on Equity (ROE) | 21.63% |
| Return on Assets (ROA) | 11.83% |
| Return on Capital (ROIC) | 15.44% |
| Revenue Per Employee | $921,613 |
| Profits Per Employee | $316,310 |
| Employee Count | 881 |
| Asset Turnover | 0.45 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $81.09 million in taxes.
| Income Tax | 81.09M |
| Effective Tax Rate | 22.54% |
Stock Price Statistics
The stock price has decreased by -19.49% in the last 52 weeks. The beta is 1.03, so MKTX's price volatility has been similar to the market average.
| Beta (5Y) | 1.03 |
| 52-Week Price Change | -19.49% |
| 50-Day Moving Average | 255.44 |
| 200-Day Moving Average | 234.14 |
| Relative Strength Index (RSI) | 23.96 |
| Average Volume (20 Days) | 412,698 |
Short Selling Information
The latest short interest is 976,111, so 2.59% of the outstanding shares have been sold short.
| Short Interest | 976,111 |
| Short Previous Month | 757,970 |
| Short % of Shares Out | 2.59% |
| Short % of Float | 2.64% |
| Short Ratio (days to cover) | 2.21 |
Income Statement
In the last 12 months, MKTX had revenue of $811.94 million and earned $278.67 million in profits. Earnings per share was $7.39.
| Revenue | 811.94M |
| Gross Profit | 507.89M |
| Operating Income | 337.92M |
| Pretax Income | 338.61M |
| Net Income | 278.67M |
| EBITDA | 412.74M |
| EBIT | 337.92M |
| Earnings Per Share (EPS) | $7.39 |
Balance Sheet
The company has $547.53 million in cash and $75.19 million in debt, giving a net cash position of $472.34 million or $12.53 per share.
| Cash & Cash Equivalents | 547.53M |
| Total Debt | 75.19M |
| Net Cash | 472.34M |
| Net Cash Per Share | $12.53 |
| Equity (Book Value) | 1.39B |
| Book Value Per Share | 36.75 |
| Working Capital | 1.14B |
Cash Flow
In the last 12 months, operating cash flow was $350.67 million and capital expenditures -$11.80 million, giving a free cash flow of $338.88 million.
| Operating Cash Flow | 350.67M |
| Capital Expenditures | -11.80M |
| Free Cash Flow | 338.88M |
| FCF Per Share | $8.99 |
Margins
Gross margin is 62.55%, with operating and profit margins of 41.62% and 34.32%.
| Gross Margin | 62.55% |
| Operating Margin | 41.62% |
| Pretax Margin | 44.31% |
| Profit Margin | 34.32% |
| EBITDA Margin | 50.83% |
| EBIT Margin | 41.62% |
| FCF Margin | 41.74% |
Dividends & Yields
This stock pays an annual dividend of $2.96, which amounts to a dividend yield of 1.33%.
| Dividend Per Share | $2.96 |
| Dividend Yield | 1.33% |
| Dividend Growth (YoY) | 2.78% |
| Years of Dividend Growth | 15 |
| Payout Ratio | 40.06% |
| Buyback Yield | -0.34% |
| Shareholder Yield | 0.99% |
| Earnings Yield | 3.32% |
| FCF Yield | 4.04% |
Analyst Forecast
The average price target for MKTX is $265.50, which is 19.41% higher than the current price. The consensus rating is "Hold".
| Price Target | $265.50 |
| Price Target Difference | 19.41% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 9.06% |
| EPS Growth Forecast (5Y) | 11.26% |
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
MKTX has an Altman Z-Score of 14.52 and a Piotroski F-Score of 6.
| Altman Z-Score | 14.52 |
| Piotroski F-Score | 6 |