MarketAxess Holdings Statistics
Total Valuation
MKTX has a market cap or net worth of $5.82 billion. The enterprise value is $5.49 billion.
| Market Cap | 5.82B |
| Enterprise Value | 5.49B |
Important Dates
The last earnings date was Friday, October 23, 2026, before market open.
| Earnings Date | Oct 23, 2026 |
| Ex-Dividend Date | Nov 10, 2026 |
Share Statistics
MKTX has 35.20 million shares outstanding. The number of shares has decreased by -4.60% in one year.
| Current Share Class | 35.20M |
| Shares Outstanding | 35.20M |
| Shares Change (YoY) | -4.60% |
| Shares Change (QoQ) | +0.10% |
| Owned by Insiders (%) | 0.47% |
| Owned by Institutions (%) | 91.04% |
| Float | 29.63M |
Valuation Ratios
The trailing PE ratio is 20.17 and the forward PE ratio is 19.31. MKTX's PEG ratio is 5.26.
| PE Ratio | 20.17 |
| Forward PE | 19.31 |
| PS Ratio | 6.67 |
| Forward PS | 6.26 |
| PB Ratio | 4.56 |
| P/TBV Ratio | 6.49 |
| P/FCF Ratio | 16.51 |
| P/OCF Ratio | 16.27 |
| PEG Ratio | 5.26 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.58, with an EV/FCF ratio of 15.57.
| EV / Earnings | 18.79 |
| EV / Sales | 6.30 |
| EV / EBITDA | 12.58 |
| EV / EBIT | 15.28 |
| EV / FCF | 15.57 |
Financial Position
The company has a current ratio of 11.92, with a Debt / Equity ratio of 0.12.
| Current Ratio | 11.92 |
| Quick Ratio | 9.83 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.34 |
| Debt / FCF | 0.43 |
| Interest Coverage | 72.80 |
Financial Efficiency
Return on equity (ROE) is 21.85% and return on invested capital (ROIC) is 29.49%.
| Return on Equity (ROE) | 21.85% |
| Return on Assets (ROA) | 10.46% |
| Return on Invested Capital (ROIC) | 29.49% |
| Return on Capital Employed (ROCE) | 16.81% |
| Weighted Average Cost of Capital (WACC) | 8.52% |
| Revenue Per Employee | $1.00M |
| Profits Per Employee | $336,500 |
| Employee Count | 868 |
| Asset Turnover | 0.41 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MKTX has paid $55.41 million in taxes.
| Income Tax | 55.41M |
| Effective Tax Rate | 15.91% |
Stock Price Statistics
The stock price has decreased by -2.66% in the last 52 weeks. The beta is 0.80, so MKTX's price volatility has been lower than the market average.
| Beta (5Y) | 0.80 |
| 52-Week Price Change | -2.66% |
| 50-Day Moving Average | 164.35 |
| 200-Day Moving Average | 155.02 |
| Relative Strength Index (RSI) | 59.25 |
| Average Volume (20 Days) | 816,342 |
Short Selling Information
The latest short interest is 3.93 million, so 11.15% of the outstanding shares have been sold short.
| Short Interest | 3.93M |
| Short Previous Month | 3.43M |
| Short % of Shares Out | 11.15% |
| Short % of Float | 13.25% |
| Short Ratio (days to cover) | 5.09 |
Income Statement
In the last 12 months, MKTX had revenue of $871.61 million and earned $292.08 million in profits. Earnings per share was $8.19.
| Revenue | 871.61M |
| Gross Profit | 536.10M |
| Operating Income | 359.05M |
| Pretax Income | 348.26M |
| Net Income | 292.08M |
| EBITDA | 436.22M |
| EBIT | 359.05M |
| Earnings Per Share (EPS) | $8.19 |
Balance Sheet
The company has $481.57 million in cash and $153.09 million in debt, with a net cash position of $328.48 million or $9.33 per share.
| Cash & Cash Equivalents | 481.57M |
| Total Debt | 153.09M |
| Net Cash | 328.48M |
| Net Cash Per Share | $9.33 |
| Equity (Book Value) | 1.29B |
| Book Value Per Share | 36.22 |
| Working Capital | 1.54B |
Cash Flow
In the last 12 months, operating cash flow was $357.44 million and capital expenditures -$5.07 million, giving a free cash flow of $352.37 million.
| Operating Cash Flow | 357.44M |
| Capital Expenditures | -5.07M |
| Depreciation & Amortization | 77.17M |
| Net Borrowing | 92.00M |
| Free Cash Flow | 352.37M |
| FCF Per Share | $10.01 |
Margins
Gross margin is 61.51%, with operating and profit margins of 41.19% and 33.51%.
| Gross Margin | 61.51% |
| Operating Margin | 41.19% |
| Pretax Margin | 39.96% |
| Profit Margin | 33.51% |
| EBITDA Margin | 50.05% |
| EBIT Margin | 41.19% |
| FCF Margin | 40.43% |
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) | 2.63% |
| Years of Dividend Growth | 16 |
| Payout Ratio | 38.09% |
| FCF Payout Ratio | 31.17% |
| Buyback Yield | 4.60% |
| Shareholder Yield | 6.49% |
| Earnings Yield | 4.96% |
| FCF Yield | 6.06% |
Analyst Forecast
The average price target for MKTX is $162.22, which is -1.82% lower than the current price. The consensus rating is "Hold".
| Price Target | $162.22 |
| Price Target Difference | -1.82% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
| Revenue Growth Forecast (3Y) | 6.27% |
| EPS Growth Forecast (3Y) | 8.89% |
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 | |
| Graham Formula Value | |
| Graham Formula 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 6.24 and a Piotroski F-Score of 5.
| Altman Z-Score | 6.24 |
| Piotroski F-Score | 5 |