MarketAxess Holdings Inc. MKTX R3KFINANCIAL
Company Overview
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides automated and algorithmic trading solutions, such as X-Pro, a trading platform to combine trading protocols with its proprietary data and pre-trade analytics; and integrated and actionable data offerings, including CP+ and Axess All, a real-time pricing engine, including Auto-X and portfolio trading. In addition, the company offers various pre-and post-trade services, such as processing, trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. The company was incorporated in 2000 and is headquartered in New York, New York.
Why Investors Should Care
Generates a return on equity of 23.1%, reflecting efficient use of shareholder capital.
Net profit has compounded at 18.6% per year over the last five years.
Revenue has grown at a 13.3% CAGR over the past five years.
Maintains a net profit margin of 35.2%.
Carries low leverage with a debt-to-equity ratio of 0.14.
Recent Developments
- Dec 2025 Revenue of $846.27M (+3.6% YoY); net profit $246.63M.
- Trailing 12 Months Year-on-year growth — revenue -0.5%, earnings +1.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 13.3%, profit CAGR 18.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 13.32% |
| 1 Year: | -0.50% |
Compounded Profit Growth
| 5 Years: | 18.60% |
| 1 Year: | 1.00% |
Stock Price Performance
| 1 Year: | -11.98% |
| 6 Months: | -10.86% |
| 3 Months: | +41.26% |
| 1 Month: | +0.97% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)84.88 · Overbought
P/E of 19.30 is above the sector median of 12.89 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 23.1%.
- Excellent profit margin of 35.2%.
- Compounding revenue at 13.3% over 5 years.
- Profit CAGR of 18.6% over 5 years.
CONS
- In a downtrend (50-DMA below 200-DMA).
- RSI at 85 suggests overbought conditions.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MKTX MarketAxess Holdings Inc. R3KFINANCIAL | 163.32 | 19.30 | $5.75B | 1.91% | - | 23.14% | 13.32% | 18.60% |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 353.51 | 15.15 | $939.70B | 1.72% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 505.83 | 12.72 | $712.23B | 0.00% | - | 12.12% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 368.64 | 31.35 | $628.20B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 570.89 | 31.44 | $496.37B | 0.62% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.39 | 14.41 | $436.28B | 2.04% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 757,791.00 | 12.71 | $370.14B | 0.00% | - | 12.12% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 106.26 | 15.18 | $363.70B | 3.65% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 216.24 | 17.48 | $339.62B | 2.26% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2013 | Sep 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 96.31M | 95.58M | 114.71M | 106.96M | 101.44M | 124.49M | 125.49M | 131.60M | 168.98M | 184.79M | 164.01M | 195.46M | 176.33M | 162.09M | 186.06M | 182.23M | 172.11M | 203.17M | 179.85M | 172.28M | 210.32M | 197.66M | 206.72M | 208.58M | 219.46M | 208.82M | 233.38M | 218.41M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | 55.16M | 48.98M | 46.63M | 60.17M | 52.03M | 46.41M | 63.19M | 60.88M | 65.97M | 91.09M | 104.14M | 87.81M | 103.47M | 87.18M | 74.00M | 88.10M | 84.79M | 76.31M | 95.36M | 75.73M | 66.91M | 92.50M | 81.34M | 87.06M | 88.38M | 91.86M | 85.58M | 100.92M | 89.88M |
| Net Income | 19.34M | 18.21M | 17.48M | 18.19M | 17.50M | 24.59M | 24.24M | 22.71M | 28.96M | 33.13M | 30.92M | 42.46M | 38.02M | 34.13M | 47.94M | 40.49M | 38.59M | 52.52M | 48.10M | 54.00M | 74.82M | 83.85M | 67.78M | 80.46M | 67.29M | 57.96M | 64.77M | 66.92M | 59.31M | 73.63M | 59.86M | 54.94M | 72.61M | 64.94M | 71.49M | 15.06M | 71.15M | 68.18M | 77.88M | 68.11M |
| Diluted EPS | 0.51 | 0.48 | 0.46 | 0.48 | 0.46 | 0.65 | 0.64 | 0.60 | 0.77 | 0.88 | 0.82 | 1.11 | 1.00 | 0.90 | 1.27 | 1.07 | 1.02 | 1.39 | 1.27 | 1.42 | 1.96 | 2.20 | 1.78 | 2.11 | 1.77 | 1.52 | 1.71 | 1.78 | 1.58 | 1.96 | 1.59 | 1.46 | 1.92 | 1.72 | 1.90 | 0.40 | 1.91 | 1.84 | 2.20 | 1.93 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 114.44M | 146.23M | 171.87M | 190.84M | 238.73M | 262.77M | 303.10M | 367.73M | 393.42M | 435.56M | 511.35M | 689.12M | 698.95M | 718.30M | 752.55M | 817.10M | 846.27M |
| Operating Income | - | - | - | - | - | - | - | 189.99M | 199.62M | 212.58M | 250.88M | 374.73M | 337.24M | 326.88M | 315.02M | 340.87M | 341.84M |
| Net Income | 16.10M | 31.43M | 47.70M | 60.07M | 76.02M | 74.81M | 96.04M | 126.17M | 148.09M | 172.85M | 204.90M | 299.38M | 257.89M | 250.22M | 258.06M | 274.18M | 246.63M |
| Diluted EPS | 0.42 | 0.80 | 1.20 | 1.59 | 2.01 | 1.97 | 2.55 | 3.34 | 3.89 | 4.57 | 5.40 | 7.85 | 6.77 | 6.65 | 6.85 | 7.28 | 6.64 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Sep 2010 | Dec 2010 | Sep 2011 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | - | 299.52M | - | 349.46M | 279.84M | 353.91M | 379.88M | 439.04M | 528.04M | 581.23M | 695.54M | 954.93M | 1.33B | 1.53B | 1.61B | 2.02B | 1.79B | 1.93B |
| Total Equity | 194.49M | 216.50M | - | 234.48M | - | 312.44M | 242.72M | 310.36M | 334.21M | 390.71M | 468.01M | 514.77M | 607.88M | 770.09M | 955.06M | 1.04B | 1.08B | 1.29B | 1.39B | 1.15B |
| Cash & Equivalents | 107.32M | 103.34M | 124.99M | 124.99M | 169.62M | 169.62M | 128.91M | 132.69M | 168.92M | 199.73M | 168.24M | 167.01M | 246.32M | 270.12M | 460.86M | 506.74M | 430.75M | 451.28M | 544.48M | 519.73M |
| Total Liabilities | - | - | - | 34.73M | - | 37.02M | 37.12M | 43.55M | 45.68M | 48.33M | 60.03M | 66.46M | 87.66M | 184.84M | 376.37M | 489.14M | 526.68M | 722.10M | 400.56M | 776.63M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 43.33M | 64.15M | 65.48M | 81.58M | 90.88M | 109.95M | 120.20M | 89.75M | 168.03M | 223.92M | 265.94M | 404.49M | 282.09M | 289.23M | 333.77M | 385.24M | 382.14M |
| Investing Cash Flow | -44.16M | -7.72M | -8.58M | 15.03M | -69.12M | -13.03M | -37.95M | -53.18M | -53.65M | -50.30M | -122.05M | 68.87M | -67.69M | -86.27M | -155.29M | -86.94M | -96.93M |
| Financing Cash Flow | -2.65M | -33.85M | -11.20M | -136.18M | -17.07M | -60.22M | -51.05M | -65.29M | -117.07M | -92.67M | -118.10M | -145.11M | -189.78M | -242.38M | -147.06M | -201.38M | -332.37M |
| Capital Expenditure | -4.91M | -5.21M | -3.16M | -5.15M | -15.34M | -4.63M | -4.79M | -6.38M | -12.09M | -35.89M | -12.29M | -15.01M | -17.49M | -13.14M | -9.33M | -9.94M | -8.20M |
| Free Cash Flow | 38.42M | 58.94M | 62.32M | 76.43M | 75.54M | 105.33M | 115.40M | 83.36M | 155.95M | 188.03M | 253.64M | 389.48M | 264.60M | 276.09M | 324.44M | 375.30M | 373.94M |
| Share Buybacks | - | 30.00M | 6.93M | 75.13M | - | 37.97M | 23.16M | 23.93M | 42.46M | 25.17M | 17.26M | 16.14M | 63.19M | 87.54M | 0 | 75.47M | 420.01M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | 51.7% | 50.7% | 48.8% | 49.1% | 54.4% | 48.2% | 45.5% | 41.9% | 41.7% | 40.4% |
| Net Margin % | 14.1% | 21.5% | 27.8% | 31.5% | 31.8% | 28.5% | 31.7% | 34.3% | 37.6% | 39.7% | 40.1% | 43.4% | 36.9% | 34.8% | 34.3% | 33.6% | 29.1% |
| ROE % | 7.4% | 13.4% | 15.3% | 24.7% | 24.5% | 22.4% | 24.6% | 27.0% | 28.8% | 28.4% | 26.6% | 31.3% | 24.8% | 23.1% | 20.0% | 19.7% | 21.5% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.37% | 4.00M | $653.65M |
| 2 | Primecap Management Company | 9.96% | 3.50M | $572.77M |
| 3 | North Reef Capital Management LP | 9.65% | 3.40M | $554.81M |
| 4 | Vanguard Portfolio Management LLC | 5.97% | 2.10M | $343.23M |
| 5 | AQR Capital Management, LLC | 5.65% | 1.99M | $324.76M |
| 6 | Vanguard Capital Management LLC | 4.39% | 1.55M | $252.76M |
| 7 | FMR, LLC | 3.99% | 1.40M | $229.60M |
| 8 | State Street Corporation | 3.64% | 1.28M | $209.47M |
| 9 | Neuberger Berman Group, LLC | 3.49% | 1.23M | $200.99M |
| 10 | Goldman Sachs Group Inc | 2.93% | 1.03M | $168.54M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MKTX
MarketAxess (MKTX) Stock Looks Fairly Valued As Shares Fell 59% - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi6AFBVV95cUxOV0Y2QmVTbmI5TGxnVTNtazZCLWo5Z3JWZTNzVExXZzBPaUkyWjFBVGRyOVdVdU04Vnplb1dkZ3lZVHMwT2pnQUN0V3RSNU43bjdtUFgtUzFhdlFvelQ1bWNELW1iN1lPQ0ZMWXgycHFCN1VtWmZkT2JHZnFTSzk2MTNYWWZHYjFzdlpkV1…
Here's Why Investors Should Stay Neutral on MarketAxess Stock for Now - finance.yahoo.com
<a href="https://news.google.com/rss/articles/CBMingFBVV95cUxOZnFwVkhCN3VraXJoUWUxNU9oUmRtcGZzb3d2NmRqcXJiMWxSbVdqSUJBa2xEZ3VvTVR3TXJTbDhZMDdpRF9lZWNGSXZrQ0FoS1lNcnlmZ3oxRzdjcTg3SlltdXFCY2pvNGVxVmZPY3JPbXU1X3B6MUFuMGlsRWRib1ZMVml3eDRHUklyN2…
MKTX Stock Alert: Halper Sadeh LLC is Investigating Whether MarketAxess Holdings Inc. is Obtaining a Fair Price for its Shareholders - FinancialContent
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MarketAxess Holdings Inc. $MKTX Shares Purchased by Readystate Asset Management LP - marketbeat.com
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A 33.6% cash premium is on the table for MarketAxess (NASDAQ: MKTX) holders - Stock Titan
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Why MarketAxess (MKTX) Stock Is Up Today - finance.yahoo.com
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MKTX — Frequently Asked Questions
What is the current share price of MarketAxess Holdings Inc. (MKTX)?
As of 2026-09-19 21:16 PDT, MarketAxess Holdings Inc. (MKTX) trades at $163.32 on NasdaqGS. Its 52-week range is $108.57 to $191.62.
What is the market capitalisation of MKTX?
MarketAxess Holdings Inc. (MKTX) has a market capitalisation of $5.75B on NasdaqGS.
What is the P/E ratio of MKTX?
MKTX trades at a trailing price-to-earnings (P/E) ratio of 19.30. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 4.64.
Does MKTX pay a dividend?
MarketAxess Holdings Inc. (MKTX) currently offers a dividend yield of 1.91%.
What is the return on equity (ROE) of MKTX?
MKTX has a return on equity (ROE) of 23.14%.
Is MKTX a good stock to buy?
This page provides a data-driven analysis of MarketAxess Holdings Inc. (MKTX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.