MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $6.26 billion. The enterprise value is $5.75 billion.
| Market Cap | 6.26B |
| Enterprise Value | 5.75B |
Important Dates
The next confirmed earnings date is Friday, February 6, 2026, before market open.
| Earnings Date | Feb 6, 2026 |
| Ex-Dividend Date | Nov 19, 2025 |
Share Statistics
MKTX has 37.17 million shares outstanding. The number of shares has decreased by -0.95% in one year.
| Current Share Class | 37.17M |
| Shares Outstanding | 37.17M |
| Shares Change (YoY) | -0.95% |
| Shares Change (QoQ) | -0.51% |
| Owned by Insiders (%) | 1.90% |
| Owned by Institutions (%) | 102.89% |
| Float | 36.42M |
Valuation Ratios
The trailing PE ratio is 28.68 and the forward PE ratio is 21.41. MKTX's PEG ratio is 4.37.
| PE Ratio | 28.68 |
| Forward PE | 21.41 |
| PS Ratio | 7.48 |
| Forward PS | 6.83 |
| PB Ratio | 4.54 |
| P/TBV Ratio | 6.39 |
| P/FCF Ratio | 15.85 |
| P/OCF Ratio | 15.66 |
| PEG Ratio | 4.37 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.52, with an EV/FCF ratio of 14.57.
| EV / Earnings | 26.20 |
| EV / Sales | 6.85 |
| EV / EBITDA | 13.52 |
| EV / EBIT | 16.45 |
| EV / FCF | 14.57 |
Financial Position
The company has a current ratio of 7.35, with a Debt / Equity ratio of 0.05.
| Current Ratio | 7.35 |
| Quick Ratio | 6.18 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.15 |
| Debt / FCF | 0.17 |
| Interest Coverage | 415.90 |
Financial Efficiency
Return on equity (ROE) is 15.82% and return on invested capital (ROIC) is 23.09%.
| Return on Equity (ROE) | 15.82% |
| Return on Assets (ROA) | 11.37% |
| Return on Invested Capital (ROIC) | 23.09% |
| Return on Capital Employed (ROCE) | 19.17% |
| Weighted Average Cost of Capital (WACC) | 9.48% |
| Revenue Per Employee | $941,934 |
| Profits Per Employee | $246,385 |
| Employee Count | 891 |
| Asset Turnover | 0.44 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $152.15 million in taxes.
| Income Tax | 152.15M |
| Effective Tax Rate | 40.92% |
Stock Price Statistics
The stock price has decreased by -24.97% in the last 52 weeks. The beta is 0.97, so MKTX's price volatility has been similar to the market average.
| Beta (5Y) | 0.97 |
| 52-Week Price Change | -24.97% |
| 50-Day Moving Average | 172.98 |
| 200-Day Moving Average | 192.71 |
| Relative Strength Index (RSI) | 38.39 |
| Average Volume (20 Days) | 536,637 |
Short Selling Information
The latest short interest is 2.28 million, so 6.13% of the outstanding shares have been sold short.
| Short Interest | 2.28M |
| Short Previous Month | 2.76M |
| Short % of Shares Out | 6.13% |
| Short % of Float | 6.26% |
| Short Ratio (days to cover) | 3.24 |
Income Statement
In the last 12 months, MKTX had revenue of $839.26 million and earned $219.53 million in profits. Earnings per share was $5.87.
| Revenue | 839.26M |
| Gross Profit | 520.87M |
| Operating Income | 349.77M |
| Pretax Income | 371.80M |
| Net Income | 219.53M |
| EBITDA | 425.40M |
| EBIT | 349.77M |
| Earnings Per Share (EPS) | $5.87 |
Balance Sheet
The company has $573.80 million in cash and $66.87 million in debt, with a net cash position of $506.93 million or $13.64 per share.
| Cash & Cash Equivalents | 573.80M |
| Total Debt | 66.87M |
| Net Cash | 506.93M |
| Net Cash Per Share | $13.64 |
| Equity (Book Value) | 1.39B |
| Book Value Per Share | 37.11 |
| Working Capital | 1.20B |
Cash Flow
In the last 12 months, operating cash flow was $399.76 million and capital expenditures -$4.85 million, giving a free cash flow of $394.91 million.
| Operating Cash Flow | 399.76M |
| Capital Expenditures | -4.85M |
| Free Cash Flow | 394.91M |
| FCF Per Share | $10.62 |
Margins
Gross margin is 62.06%, with operating and profit margins of 41.68% and 26.16%.
| Gross Margin | 62.06% |
| Operating Margin | 41.68% |
| Pretax Margin | 44.30% |
| Profit Margin | 26.16% |
| EBITDA Margin | 50.69% |
| EBIT Margin | 41.68% |
| FCF Margin | 47.05% |
Dividends & Yields
This stock pays an annual dividend of $3.04, which amounts to a dividend yield of 1.77%.
| Dividend Per Share | $3.04 |
| Dividend Yield | 1.77% |
| Dividend Growth (YoY) | 2.70% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 51.77% |
| Buyback Yield | 0.95% |
| Shareholder Yield | 2.75% |
| Earnings Yield | 3.51% |
| FCF Yield | 6.31% |
Analyst Forecast
The average price target for MKTX is $204.91, which is 21.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $204.91 |
| Price Target Difference | 21.70% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 6.74% |
| EPS Growth Forecast (5Y) | 11.35% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 10.77 and a Piotroski F-Score of 4.
| Altman Z-Score | 10.77 |
| Piotroski F-Score | 4 |