MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $7.60 billion. The enterprise value is $7.19 billion.
| Market Cap | 7.60B |
| Enterprise Value | 7.19B |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, before market open.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | Feb 13, 2024 |
Share Statistics
MKTX has 37.67 million shares outstanding. The number of shares has increased by 0.03% in one year.
| Shares Outstanding | 37.67M |
| Shares Change (YoY) | +0.03% |
| Shares Change (QoQ) | +0.62% |
| Owned by Insiders (%) | 1.80% |
| Owned by Institutions (%) | 102.29% |
| Float | 37.08M |
Valuation Ratios
The trailing PE ratio is 29.46 and the forward PE ratio is 27.40. MKTX's PEG ratio is 2.84.
| PE Ratio | 29.46 |
| Forward PE | 27.40 |
| PS Ratio | 10.11 |
| Forward PS | 8.95 |
| PB Ratio | 5.88 |
| P/FCF Ratio | 27.03 |
| PEG Ratio | 2.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.49, with an EV/FCF ratio of 25.55.
| EV / Earnings | 27.85 |
| EV / Sales | 9.55 |
| EV / EBITDA | 17.49 |
| EV / EBIT | 21.48 |
| EV / FCF | 25.55 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.19 |
| Debt / FCF | 0.28 |
| Interest Coverage | 168.78 |
Financial Efficiency
Return on equity (ROE) is 21.60% and return on invested capital (ROIC) is 17.80%.
| Return on Equity (ROE) | 21.60% |
| Return on Assets (ROA) | 14.70% |
| Return on Capital (ROIC) | 17.80% |
| Revenue Per Employee | $854,196 |
| Profits Per Employee | $292,911 |
| Employee Count | 881 |
| Asset Turnover | 0.43 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $74.65 million in taxes.
| Income Tax | 74.65M |
| Effective Tax Rate | 22.44% |
Stock Price Statistics
The stock price has decreased by -35.04% in the last 52 weeks. The beta is 0.97, so MKTX's price volatility has been similar to the market average.
| Beta (1Y) | 0.97 |
| 52-Week Price Change | -35.04% |
| 50-Day Moving Average | 214.75 |
| 200-Day Moving Average | 236.93 |
| Relative Strength Index (RSI) | 34.23 |
| Average Volume (30 Days) | 457,703 |
Short Selling Information
The latest short interest is 1.06 million, so 2.83% of the outstanding shares have been sold short.
| Short Interest | 1.06M |
| Short Previous Month | 1.16M |
| Short % of Shares Out | 2.83% |
| Short % of Float | 2.87% |
| Short Ratio (days to cover) | 2.88 |
Income Statement
In the last 12 months, MKTX had revenue of $752.55 million and earned $258.06 million in profits. Earnings per share was $6.85.
| Revenue | 752.55M |
| Gross Profit | 752.55M |
| Operating Income | 315.02M |
| Pretax Income | 332.70M |
| Net Income | 258.06M |
| EBITDA | 411.09M |
| EBIT | 334.68M |
| Earnings Per Share (EPS) | $6.85 |
Balance Sheet
The company has $496.40 million in cash and $79.68 million in debt, giving a net cash position of $416.73 million or $11.06 per share.
| Cash & Cash Equivalents | 496.40M |
| Total Debt | 79.68M |
| Net Cash | 416.73M |
| Net Cash Per Share | $11.06 |
| Equity / Book Value | 1.29B |
| Book Value Per Share | 34.32 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $333.77 million and capital expenditures -$52.45 million, giving a free cash flow of $281.32 million.
| Operating Cash Flow | 333.77M |
| Capital Expenditures | -52.45M |
| Free Cash Flow | 281.32M |
| FCF Per Share | $7.49 |
Margins
Gross margin is 100.00%, with operating and profit margins of 41.86% and 34.29%.
| Gross Margin | 100.00% |
| Operating Margin | 41.86% |
| Pretax Margin | 44.21% |
| Profit Margin | 34.29% |
| EBITDA Margin | 54.63% |
| EBIT Margin | 44.47% |
| FCF Margin | 37.38% |
Dividends & Yields
This stock pays an annual dividend of $2.96, which amounts to a dividend yield of 1.47%.
| Dividend Per Share | $2.96 |
| Dividend Yield | 1.47% |
| Dividend Growth (YoY) | 2.84% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 43.21% |
| Buyback Yield | -0.03% |
| Shareholder Yield | 1.44% |
| Earnings Yield | 3.39% |
| FCF Yield | 3.70% |
Analyst Forecast
The average price target for MKTX is $245.90, which is 21.86% higher than the current price. The consensus rating is "Hold".
| Price Target | $245.90 |
| Price Target Difference | 21.86% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 10.20% |
| EPS Growth Forecast (5Y) | 12.64% |
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
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |