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MarketAxess Holdings Inc.

Data quality: 100%
MKTX
NASDAQ Financial Services Financial - Capital Markets
$170.66
▼ $3.35 (-1.93%)
Mkt Cap: 6.34B
Day Range
$169.72 $173.86
52-Week Range
$156.17 $232.84
Volume
487,620
50D / 200D Avg
$176.19 / $184.88
Prev Close
$174.01

Price History

Financial Trends

Peer Comparison

vs Financial Services sector median (854 peers)

Metric Stock Sector Median
P/E 25.7 10.3
P/B 5.5 1.1
ROE % 19.5 11.7
Net Margin % 29.0 16.8
Rev Growth 5Y % 4.9 11.7
D/E 0.3 0.5

Analyst Price Target

Hold
$190.33 +11.5%
Low: $164.00 High: $225.00
Forward P/E
21.0
Forward EPS
$8.14
EPS Growth (est.)
+0.0%
Est. Revenue
910 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2030 $13.59
$13.24 – $13.85
1.2 B 1
FY2029 $11.33
$11.03 – $11.55
1.1 B 1
FY2028 $10.11
$9.15 – $10.74
1.1 B 5

Key Takeaways

Revenue grew 4.91% annually over 5 years — modest growth
Earnings declined -10.05% over the past year
ROE of 19.46% — decent returns on equity
Net margin of 29.04% shows strong profitability
Debt/Equity of 0.25 — conservative balance sheet
Generating 373.94M in free cash flow

Growth

Revenue Growth (5Y)
4.91%
Revenue (1Y)3.82%
Earnings (1Y)-10.05%
FCF Growth (3Y)15.29%

Quality

Return on Equity
19.46%
ROIC18.35%
Net Margin29.04%
Op. Margin41.21%

Safety

Debt / Equity
0.25
Current Ratio1.84
Interest Coverage235.35

Valuation

P/E Ratio
25.72
P/B Ratio5.54
EV/EBITDA17.46
Dividend Yield0.02%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 3.82% Revenue Growth (3Y) 6.34%
Earnings Growth (1Y) -10.05% Earnings Growth (3Y) -2.24%
Revenue Growth (5Y) 4.91% Earnings Growth (5Y) -1.11%
Profitability
Revenue (TTM) 849.20M Net Income (TTM) 246.63M
ROE 19.46% ROA 13.64%
Gross Margin 69.88% Operating Margin 41.21%
Net Margin 29.04% Free Cash Flow (TTM) 373.94M
ROIC 18.35% FCF Growth (3Y) 15.29%
Safety
Debt / Equity 0.25 Current Ratio 1.84
Interest Coverage 235.35 Dividend Yield 0.02%
Valuation
P/E Ratio 25.72 P/B Ratio 5.54
P/S Ratio 7.47 PEG Ratio -3.13
EV/EBITDA 17.46 Dividend Yield 0.02%
Market Cap 6.34B Enterprise Value 6.11B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 849.20M 817.92M 750.90M 718.71M 701.03M
Net Income 246.63M 274.18M 258.06M 250.22M 257.89M
EPS (Diluted) 6.66 7.28 6.85 6.65 6.77
Gross Profit 593.40M 573.61M 524.13M 519.48M 528.79M
Operating Income 349.96M 338.88M 318.69M 326.81M 337.26M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 1.81B 1.79B 2.02B 1.61B 1.53B
Total Liabilities 650.35M 400.56M 722.10M 526.68M 489.14M
Shareholders' Equity 1.15B 1.39B 1.29B 1.08B 1.04B
Total Debt 284.94M 72.65M 79.68M 82.68M 88.43M
Cash & Equivalents 519.73M 544.48M 451.28M 430.75M 506.74M
Current Assets 1.08B 1.15B 1.35B 1.07B 1.04B
Current Liabilities 585.41M 259.85M 582.30M 387.70M 341.00M