MarketAxess Holdings, Inc. operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The company is headquartered in New York City, New York and currently employs 868 full-time employees. The company went IPO on 2004-11-05. The firm offers end-to-end trading solutions, including the operation of electronic platforms for the trading of fixed-income and other securities and related data, analytics compliance tools, post-trade services, automated trading services and technology services. The firm provides an Open Trading marketplace which offers an all-to-all trading solution in the global credit markets, creating a liquidity pool for a range of credit market participants. The company leverages its diverse set of trading protocols, automated and algorithmic trading solutions, intelligent data and index products and a range of post-trade services to provide an end-to-end trading solution to its robust network of platform participants. The firm also provides several integrated and actionable data offerings, including CP+ and Axess All, to assist clients. Its RFQ-hub platform is a bilateral multi-asset and multi-dealer request for quote platform.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
846
847
816
752
718
699
Revenue Growth (YoY)
4%
4%
9%
5%
3%
1%
Cost of Revenue
94
94
89
79
53
42
Gross Profit
751
753
727
672
665
656
Selling, General & Admin
333
333
312
287
259
249
Research & Development
--
--
--
--
--
--
Operating Expenses
409
409
386
357
338
319
Other Non Operating Income (Expenses)
1
-3
-4
-5
5
-2
Pretax Income
366
366
360
332
338
333
Income Tax Expense
120
120
86
74
88
76
Net Income
246
246
274
258
250
257
Net Income Growth
-10%
-10%
6%
3%
-3%
-14%
Shares Outstanding (Diluted)
36.68
37.13
37.67
37.65
37.6
38.1
Shares Change (YoY)
-2%
-1%
0%
0%
-1%
0%
EPS (Diluted)
6.72
6.64
7.27
6.85
6.65
6.77
EPS Growth
-8%
-9%
6%
3%
-2%
-14%
Free Cash Flow
324
324
328
281
237
231
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
88.77%
88.9%
89.09%
89.36%
92.61%
93.84%
Operating Margin
40.3%
40.49%
41.66%
41.75%
45.4%
48.21%
Profit Margin
29.07%
29.04%
33.57%
34.3%
34.81%
36.76%
Free Cash Flow Margin
38.29%
38.25%
40.19%
37.36%
33%
33.04%
EBITDA
417
419
413
384
387
390
EBITDA Margin
49.29%
49.46%
50.61%
51.06%
53.89%
55.79%
D&A For EBITDA
76
76
73
70
61
53
EBIT
341
343
340
314
326
337
EBIT Margin
40.3%
40.49%
41.66%
41.75%
45.4%
48.21%
Effective Tax Rate
32.78%
32.78%
23.88%
22.28%
26.03%
22.82%
Follow-Up Questions
What are Marketaxess Holdings Inc's key financial statements?
According to the latest financial statement (Form-10K), Marketaxess Holdings Inc has a total asset of $1,934, Net profit of $246
What are the key financial ratios for MKTX?
Marketaxess Holdings Inc's Current ratio is 2.45, has a Net margin is 29.04, sales per share of $22.8.
How is Marketaxess Holdings Inc's revenue broken down by segment or geography?
Marketaxess Holdings Inc largest revenue segment is Other, at a revenue of 13,924,000 in the most earnings release.For geography, United States is the primary market for Marketaxess Holdings Inc, at a revenue of 568,383,000.
Is Marketaxess Holdings Inc profitable?
yes, according to the latest financial statements, Marketaxess Holdings Inc has a net profit of $246
Does Marketaxess Holdings Inc have any liabilities?
yes, Marketaxess Holdings Inc has liability of 789
How many outstanding shares for Marketaxess Holdings Inc?
Marketaxess Holdings Inc has a total outstanding shares of 35.77