MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $5.86 billion. The enterprise value is $5.52 billion.
| Market Cap | 5.86B |
| Enterprise Value | 5.52B |
Important Dates
The next estimated earnings date is Wednesday, May 6, 2026, before market open.
| Earnings Date | May 6, 2026 |
| Ex-Dividend Date | Feb 18, 2026 |
Share Statistics
MKTX has 35.55 million shares outstanding. The number of shares has decreased by -1.42% in one year.
| Current Share Class | 35.55M |
| Shares Outstanding | 35.55M |
| Shares Change (YoY) | -1.42% |
| Shares Change (QoQ) | -1.15% |
| Owned by Insiders (%) | 2.02% |
| Owned by Institutions (%) | 97.65% |
| Float | 32.28M |
Valuation Ratios
The trailing PE ratio is 24.81 and the forward PE ratio is 20.15. MKTX's PEG ratio is 2.72.
| PE Ratio | 24.81 |
| Forward PE | 20.15 |
| PS Ratio | 6.92 |
| Forward PS | 6.25 |
| PB Ratio | 5.15 |
| P/TBV Ratio | 7.80 |
| P/FCF Ratio | 15.66 |
| P/OCF Ratio | 15.33 |
| PEG Ratio | 2.72 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.04, with an EV/FCF ratio of 14.77.
| EV / Earnings | 22.39 |
| EV / Sales | 6.52 |
| EV / EBITDA | 13.04 |
| EV / EBIT | 15.92 |
| EV / FCF | 14.77 |
Financial Position
The company has a current ratio of 3.35, with a Debt / Equity ratio of 0.25.
| Current Ratio | 3.35 |
| Quick Ratio | 2.81 |
| Debt / Equity | 0.25 |
| Debt / EBITDA | 0.65 |
| Debt / FCF | 0.76 |
| Interest Coverage | 233.28 |
Financial Efficiency
Return on equity (ROE) is 19.39% and return on invested capital (ROIC) is 27.36%.
| Return on Equity (ROE) | 19.39% |
| Return on Assets (ROA) | 11.64% |
| Return on Invested Capital (ROIC) | 27.36% |
| Return on Capital Employed (ROCE) | 22.50% |
| Weighted Average Cost of Capital (WACC) | 9.14% |
| Revenue Per Employee | $974,963 |
| Profits Per Employee | $284,132 |
| Employee Count | 868 |
| Asset Turnover | 0.45 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $120.08 million in taxes.
| Income Tax | 120.08M |
| Effective Tax Rate | 32.72% |
Stock Price Statistics
The stock price has decreased by -23.98% 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 | -23.98% |
| 50-Day Moving Average | 175.61 |
| 200-Day Moving Average | 183.18 |
| Relative Strength Index (RSI) | 30.70 |
| Average Volume (20 Days) | 490,338 |
Short Selling Information
The latest short interest is 2.23 million, so 6.28% of the outstanding shares have been sold short.
| Short Interest | 2.23M |
| Short Previous Month | 1.47M |
| Short % of Shares Out | 6.28% |
| Short % of Float | 6.92% |
| Short Ratio (days to cover) | 4.49 |
Income Statement
In the last 12 months, MKTX had revenue of $846.27 million and earned $246.63 million in profits. Earnings per share was $6.64.
| Revenue | 846.27M |
| Gross Profit | 524.88M |
| Operating Income | 346.89M |
| Pretax Income | 367.00M |
| Net Income | 246.63M |
| EBITDA | 423.59M |
| EBIT | 346.89M |
| Earnings Per Share (EPS) | $6.64 |
Balance Sheet
The company has $620.51 million in cash and $284.94 million in debt, with a net cash position of $335.57 million or $9.44 per share.
| Cash & Cash Equivalents | 620.51M |
| Total Debt | 284.94M |
| Net Cash | 335.57M |
| Net Cash Per Share | $9.44 |
| Equity (Book Value) | 1.16B |
| Book Value Per Share | 32.02 |
| Working Capital | 924.50M |
Cash Flow
In the last 12 months, operating cash flow was $382.14 million and capital expenditures -$8.20 million, giving a free cash flow of $373.94 million.
| Operating Cash Flow | 382.14M |
| Capital Expenditures | -8.20M |
| Depreciation & Amortization | 76.70M |
| Net Borrowing | 220.00M |
| Free Cash Flow | 373.94M |
| FCF Per Share | $10.52 |
Margins
Gross margin is 62.02%, with operating and profit margins of 40.99% and 29.14%.
| Gross Margin | 62.02% |
| Operating Margin | 40.99% |
| Pretax Margin | 43.37% |
| Profit Margin | 29.14% |
| EBITDA Margin | 50.05% |
| EBIT Margin | 40.99% |
| FCF Margin | 44.19% |
Dividends & Yields
This stock pays an annual dividend of $3.12, which amounts to a dividend yield of 1.89%.
| Dividend Per Share | $3.12 |
| Dividend Yield | 1.89% |
| Dividend Growth (YoY) | 2.68% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 46.08% |
| Buyback Yield | 1.42% |
| Shareholder Yield | 3.31% |
| Earnings Yield | 4.21% |
| FCF Yield | 6.38% |
Analyst Forecast
The average price target for MKTX is $204.38, which is 24.04% higher than the current price. The consensus rating is "Hold".
| Price Target | $204.38 |
| Price Target Difference | 24.04% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 8.04% |
| EPS Growth Forecast (5Y) | 14.41% |
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 8.47 and a Piotroski F-Score of 5.
| Altman Z-Score | 8.47 |
| Piotroski F-Score | 5 |