MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $10.50 billion. The enterprise value is $10.40 billion.
| Market Cap | 10.50B |
| Enterprise Value | 10.40B |
Important Dates
The next confirmed earnings date is Wednesday, November 6, 2024, before market open.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | Aug 21, 2024 |
Share Statistics
MKTX has 37.75 million shares outstanding. The number of shares has increased by 0.32% in one year.
| Current Share Class | 37.75M |
| Shares Outstanding | 37.75M |
| Shares Change (YoY) | +0.32% |
| Shares Change (QoQ) | -0.27% |
| Owned by Insiders (%) | 1.83% |
| Owned by Institutions (%) | 100.56% |
| Float | 37.03M |
Valuation Ratios
The trailing PE ratio is 40.09 and the forward PE ratio is 36.25. MKTX's PEG ratio is 8.55.
| PE Ratio | 40.09 |
| Forward PE | 36.25 |
| PS Ratio | 13.93 |
| Forward PS | 12.05 |
| PB Ratio | 8.18 |
| P/FCF Ratio | 34.16 |
| PEG Ratio | 8.55 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 26.57, with an EV/FCF ratio of 32.73.
| EV / Earnings | 39.68 |
| EV / Sales | 13.38 |
| EV / EBITDA | 26.57 |
| EV / EBIT | 32.73 |
| EV / FCF | 32.73 |
Financial Position
The company has a current ratio of 14.58, with a Debt / Equity ratio of 0.06.
| Current Ratio | 14.58 |
| Quick Ratio | 12.35 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.19 |
| Debt / FCF | 0.24 |
| Interest Coverage | 116.10 |
Financial Efficiency
Return on equity (ROE) is 21.02% and return on invested capital (ROIC) is 14.99%.
| Return on Equity (ROE) | 21.02% |
| Return on Assets (ROA) | 11.33% |
| Return on Capital (ROIC) | 14.99% |
| Revenue Per Employee | $882,531 |
| Profits Per Employee | $297,527 |
| Employee Count | 881 |
| Asset Turnover | 0.44 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $76.49 million in taxes.
| Income Tax | 76.49M |
| Effective Tax Rate | 22.59% |
Stock Price Statistics
The stock price has increased by +26.54% in the last 52 weeks. The beta is 1.05, so MKTX's price volatility has been similar to the market average.
| Beta (5Y) | 1.05 |
| 52-Week Price Change | +26.54% |
| 50-Day Moving Average | 268.39 |
| 200-Day Moving Average | 229.68 |
| Relative Strength Index (RSI) | 47.31 |
| Average Volume (20 Days) | 304,626 |
Short Selling Information
The latest short interest is 783,101, so 2.07% of the outstanding shares have been sold short.
| Short Interest | 783,101 |
| Short Previous Month | 631,292 |
| Short % of Shares Out | 2.07% |
| Short % of Float | 2.11% |
| Short Ratio (days to cover) | 1.90 |
Income Statement
In the last 12 months, MKTX had revenue of $777.51 million and earned $262.12 million in profits. Earnings per share was $6.94.
| Revenue | 777.51M |
| Gross Profit | 485.94M |
| Operating Income | 317.78M |
| Pretax Income | 338.61M |
| Net Income | 262.12M |
| EBITDA | 391.42M |
| EBIT | 317.78M |
| Earnings Per Share (EPS) | $6.94 |
Balance Sheet
The company has $533.59 million in cash and $76.22 million in debt, giving a net cash position of $457.37 million or $12.12 per share.
| Cash & Cash Equivalents | 533.59M |
| Total Debt | 76.22M |
| Net Cash | 457.37M |
| Net Cash Per Share | $12.12 |
| Equity (Book Value) | 1.33B |
| Book Value Per Share | 35.18 |
| Working Capital | 1.22B |
Cash Flow
In the last 12 months, operating cash flow was $334.75 million and capital expenditures -$16.95 million, giving a free cash flow of $317.80 million.
| Operating Cash Flow | 334.75M |
| Capital Expenditures | -16.95M |
| Free Cash Flow | 317.80M |
| FCF Per Share | $8.42 |
Margins
Gross margin is 62.50%, with operating and profit margins of 40.87% and 33.71%.
| Gross Margin | 62.50% |
| Operating Margin | 40.87% |
| Pretax Margin | 43.55% |
| Profit Margin | 33.71% |
| EBITDA Margin | 50.34% |
| EBIT Margin | 40.87% |
| FCF Margin | 34.97% |
Dividends & Yields
This stock pays an annual dividend of $2.96, which amounts to a dividend yield of 1.06%.
| Dividend Per Share | $2.96 |
| Dividend Yield | 1.06% |
| Dividend Growth (YoY) | 2.80% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 42.65% |
| Buyback Yield | -0.32% |
| Shareholder Yield | 0.73% |
| Earnings Yield | 2.41% |
| FCF Yield | 2.93% |
Analyst Forecast
The average price target for MKTX is $253.30, which is -8.95% lower than the current price. The consensus rating is "Hold".
| Price Target | $253.30 |
| Price Target Difference | -8.95% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| 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
MKTX has an Altman Z-Score of 12.15 and a Piotroski F-Score of 4.
| Altman Z-Score | 12.15 |
| Piotroski F-Score | 4 |