MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $4.26 billion. The enterprise value is $4.21 billion.
| Market Cap | 4.26B |
| Enterprise Value | 4.21B |
Important Dates
The next estimated earnings date is Wednesday, August 5, 2026, before market open.
| Earnings Date | Aug 5, 2026 |
| Ex-Dividend Date | May 20, 2026 |
Share Statistics
MKTX has 35.54 million shares outstanding. The number of shares has decreased by -2.58% in one year.
| Current Share Class | 35.54M |
| Shares Outstanding | 35.54M |
| Shares Change (YoY) | -2.58% |
| Shares Change (QoQ) | -3.54% |
| Owned by Insiders (%) | 0.65% |
| Owned by Institutions (%) | 97.33% |
| Float | 30.76M |
Valuation Ratios
The trailing PE ratio is 14.26 and the forward PE ratio is 14.79. MKTX's PEG ratio is 3.97.
| PE Ratio | 14.26 |
| Forward PE | 14.79 |
| PS Ratio | 5.04 |
| Forward PS | 4.85 |
| PB Ratio | 3.73 |
| P/TBV Ratio | 5.48 |
| P/FCF Ratio | 16.24 |
| P/OCF Ratio | 15.85 |
| PEG Ratio | 3.97 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.60, with an EV/FCF ratio of 15.55.
| EV / Earnings | 13.60 |
| EV / Sales | 4.83 |
| EV / EBITDA | 9.60 |
| EV / EBIT | 11.66 |
| EV / FCF | 15.55 |
Financial Position
The company has a current ratio of 4.94, with a Debt / Equity ratio of 0.24.
| Current Ratio | 4.94 |
| Quick Ratio | 4.28 |
| Debt / Equity | 0.24 |
| Debt / EBITDA | 0.64 |
| Debt / FCF | 1.08 |
| Interest Coverage | 93.99 |
Financial Efficiency
Return on equity (ROE) is 24.30% and return on invested capital (ROIC) is 32.43%.
| Return on Equity (ROE) | 24.30% |
| Return on Assets (ROA) | 10.79% |
| Return on Invested Capital (ROIC) | 32.43% |
| Return on Capital Employed (ROCE) | 18.42% |
| Weighted Average Cost of Capital (WACC) | 8.46% |
| Revenue Per Employee | $1.00M |
| Profits Per Employee | $356,502 |
| Employee Count | 868 |
| Asset Turnover | 0.42 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $64.77 million in taxes.
| Income Tax | 64.77M |
| Effective Tax Rate | 17.29% |
Stock Price Statistics
The stock price has decreased by -46.17% in the last 52 weeks. The beta is 0.85, so MKTX's price volatility has been lower than the market average.
| Beta (5Y) | 0.85 |
| 52-Week Price Change | -46.17% |
| 50-Day Moving Average | 144.66 |
| 200-Day Moving Average | 166.73 |
| Relative Strength Index (RSI) | 34.70 |
| Average Volume (20 Days) | 762,153 |
Short Selling Information
The latest short interest is 2.23 million, so 6.27% of the outstanding shares have been sold short.
| Short Interest | 2.23M |
| Short Previous Month | 2.39M |
| Short % of Shares Out | 6.27% |
| Short % of Float | 7.24% |
| Short Ratio (days to cover) | 3.52 |
Income Statement
In the last 12 months, MKTX had revenue of $871.07 million and earned $309.44 million in profits. Earnings per share was $8.45.
| Revenue | 871.07M |
| Gross Profit | 540.58M |
| Operating Income | 360.92M |
| Pretax Income | 374.73M |
| Net Income | 309.44M |
| EBITDA | 438.59M |
| EBIT | 360.92M |
| Earnings Per Share (EPS) | $8.45 |
Balance Sheet
The company has $477.64 million in cash and $291.96 million in debt, with a net cash position of $185.68 million or $5.22 per share.
| Cash & Cash Equivalents | 477.64M |
| Total Debt | 291.96M |
| Net Cash | 185.68M |
| Net Cash Per Share | $5.22 |
| Equity (Book Value) | 1.20B |
| Book Value Per Share | 33.49 |
| Working Capital | 1.35B |
Cash Flow
In the last 12 months, operating cash flow was $277.18 million and capital expenditures -$6.53 million, giving a free cash flow of $270.65 million.
| Operating Cash Flow | 277.18M |
| Capital Expenditures | -6.53M |
| Depreciation & Amortization | 77.67M |
| Net Borrowing | 228.25M |
| Free Cash Flow | 270.65M |
| FCF Per Share | $7.62 |
Margins
Gross margin is 62.06%, with operating and profit margins of 41.43% and 35.52%.
| Gross Margin | 62.06% |
| Operating Margin | 41.43% |
| Pretax Margin | 43.02% |
| Profit Margin | 35.52% |
| EBITDA Margin | 50.35% |
| EBIT Margin | 41.43% |
| FCF Margin | 31.07% |
Dividends & Yields
This stock pays an annual dividend of $3.12, which amounts to a dividend yield of 2.59%.
| Dividend Per Share | $3.12 |
| Dividend Yield | 2.59% |
| Dividend Growth (YoY) | 2.67% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 36.45% |
| Buyback Yield | 2.58% |
| Shareholder Yield | 5.10% |
| Earnings Yield | 7.04% |
| FCF Yield | 6.16% |
Analyst Forecast
The average price target for MKTX is $179.45, which is 49.85% higher than the current price. The consensus rating is "Hold".
| Price Target | $179.45 |
| Price Target Difference | 49.85% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
| Revenue Growth Forecast (3Y) | 7.15% |
| EPS Growth Forecast (3Y) | 10.82% |
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 6.43 and a Piotroski F-Score of 3.
| Altman Z-Score | 6.43 |
| Piotroski F-Score | 3 |