MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $8.21 billion. The enterprise value is $7.60 billion.
| Market Cap | 8.21B |
| Enterprise Value | 7.60B |
Important Dates
The next estimated earnings date is Tuesday, May 6, 2025, before market open.
| Earnings Date | May 6, 2025 |
| Ex-Dividend Date | Feb 19, 2025 |
Share Statistics
MKTX has 37.69 million shares outstanding. The number of shares has increased by 0.05% in one year.
| Current Share Class | 37.69M |
| Shares Outstanding | 37.69M |
| Shares Change (YoY) | +0.05% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 1.84% |
| Owned by Institutions (%) | 101.63% |
| Float | 36.97M |
Valuation Ratios
The trailing PE ratio is 30.09 and the forward PE ratio is 28.93. MKTX's PEG ratio is 5.07.
| PE Ratio | 30.09 |
| Forward PE | 28.93 |
| PS Ratio | 9.97 |
| Forward PS | 9.29 |
| PB Ratio | 5.88 |
| P/TBV Ratio | 7.75 |
| P/FCF Ratio | 21.77 |
| P/OCF Ratio | 21.21 |
| PEG Ratio | 5.07 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.32, with an EV/FCF ratio of 20.25.
| EV / Earnings | 27.72 |
| EV / Sales | 9.30 |
| EV / EBITDA | 18.32 |
| EV / EBIT | 22.29 |
| EV / FCF | 20.25 |
Financial Position
The company has a current ratio of 10.27, with a Debt / Equity ratio of 0.05.
| Current Ratio | 10.27 |
| Quick Ratio | 8.44 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.17 |
| Debt / FCF | 0.19 |
| Interest Coverage | 212.91 |
Financial Efficiency
Return on equity (ROE) is 20.45% and return on invested capital (ROIC) is 15.03%.
| Return on Equity (ROE) | 20.45% |
| Return on Assets (ROA) | 11.20% |
| Return on Invested Capital (ROIC) | 15.03% |
| Return on Capital Employed (ROCE) | 20.38% |
| Revenue Per Employee | $917,056 |
| Profits Per Employee | $307,723 |
| Employee Count | 891 |
| Asset Turnover | 0.43 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $86.37 million in taxes.
| Income Tax | 86.37M |
| Effective Tax Rate | 23.95% |
Stock Price Statistics
The stock price has decreased by -0.39% 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 | -0.39% |
| 50-Day Moving Average | 208.08 |
| 200-Day Moving Average | 234.14 |
| Relative Strength Index (RSI) | 60.79 |
| Average Volume (20 Days) | 634,831 |
Short Selling Information
The latest short interest is 1.35 million, so 3.58% of the outstanding shares have been sold short.
| Short Interest | 1.35M |
| Short Previous Month | 1.56M |
| Short % of Shares Out | 3.58% |
| Short % of Float | 3.65% |
| Short Ratio (days to cover) | 1.45 |
Income Statement
In the last 12 months, MKTX had revenue of $817.10 million and earned $274.18 million in profits. Earnings per share was $7.28.
| Revenue | 817.10M |
| Gross Profit | 509.44M |
| Operating Income | 340.87M |
| Pretax Income | 338.61M |
| Net Income | 274.18M |
| EBITDA | 414.69M |
| EBIT | 340.87M |
| Earnings Per Share (EPS) | $7.28 |
Balance Sheet
The company has $643.52 million in cash and $72.74 million in debt, giving a net cash position of $570.78 million or $15.14 per share.
| Cash & Cash Equivalents | 643.52M |
| Total Debt | 72.74M |
| Net Cash | 570.78M |
| Net Cash Per Share | $15.14 |
| Equity (Book Value) | 1.39B |
| Book Value Per Share | 36.89 |
| Working Capital | 1.08B |
Cash Flow
In the last 12 months, operating cash flow was $385.24 million and capital expenditures -$9.94 million, giving a free cash flow of $375.30 million.
| Operating Cash Flow | 385.24M |
| Capital Expenditures | -9.94M |
| Free Cash Flow | 375.30M |
| FCF Per Share | $9.96 |
Margins
Gross margin is 62.35%, with operating and profit margins of 41.72% and 33.56%.
| Gross Margin | 62.35% |
| Operating Margin | 41.72% |
| Pretax Margin | 44.13% |
| Profit Margin | 33.56% |
| EBITDA Margin | 50.75% |
| EBIT Margin | 41.72% |
| FCF Margin | 45.93% |
Dividends & Yields
This stock pays an annual dividend of $3.04, which amounts to a dividend yield of 1.39%.
| Dividend Per Share | $3.04 |
| Dividend Yield | 1.39% |
| Dividend Growth (YoY) | 2.76% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 41.76% |
| Buyback Yield | -0.05% |
| Shareholder Yield | 1.36% |
| Earnings Yield | 3.36% |
| FCF Yield | 4.59% |
Analyst Forecast
The average price target for MKTX is $254.78, which is 16.98% higher than the current price. The consensus rating is "Hold".
| Price Target | $254.78 |
| Price Target Difference | 16.98% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 8.31% |
| EPS Growth Forecast (5Y) | 10.77% |
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 16.23 and a Piotroski F-Score of 5.
| Altman Z-Score | 16.23 |
| Piotroski F-Score | 5 |