MARKETAXESS HOLDINGS INC

MKTXNASDAQ

🏆 #1043 by market capEarnings Nov 5 · PreUS Equity

$962.19▼ $0.19 (−0.02%)

Simulated price

1h—

24h▼ 0.0%

7d▲ 492.5%

14d▲ 664.3%

30d▲ 733.7%

1y▲ 410.4%

🏦Market Cap

$5.72B

Small Cap

📈Revenue Growth (YoY)

+3.9%

Slowing

📊Gross Margin

88.6%

High

💵FCF Margin

37.3%

Strong

⚖️P/S Ratio

6.6x

Fair

Otter Score

Weak

Trading Snapshot

Day Range: $950.34 – $977.22
52-Week Range: $108.75 – $195.97
Volume: $3.14B
Avg Volume: $3.75B
Shares Outstanding: 35.5M
Next Earnings: Sep 1, 2026

Fundamentals Snapshot

Annual Revenue: $849M
Last Q Revenue: $218M
P/E Ratio: 18.7
P/S Ratio: 6.6x
EPS (TTM): $8.48
Dividend Yield: 2.00%

Why Investors Own MKTX

✓High-growth profile — revenue up +32.0% YoY with expanding US Equity exposure.
✓Healthy economics — 47% gross margin and 5% free-cash-flow margin.
✓New products and segments could unlock additional revenue streams.

⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)

$849M▲ +33.5% YoY

Gross Margin (TTM)

46.6%▲ +2.9% YoY

Operating Income (TTM)

$112M▲ +33.5% YoY

Free Cash Flow (TTM)

$39M▲ +33.5% YoY

About MARKETAXESS HOLDINGS INC

MarketAxess Holdings Inc. develops and operates a premier electronic trading platform, serving institutional investors and broker-dealers globally. This platform provides essential access to deep liquidity across a broad spectrum of fixed-income assets, including U.S. investment-grade and high-yield corporate bonds, U.S. Treasuries, municipal bonds, emerging market debt, and Eurobonds, among other debt securities. Through its innovative Open Trading protocols, the company facilitates anonymous, "all-to-all" corporate bond transactions between its diverse client base. Beyond its core trading capabilities, MarketAxess offers a comprehensive array of value-added products and services. These include Composite+ pricing and other sophisticated market data tools designed to inform trading strategies, as well as auto-execution and custom workflow solutions. The company also provides robust connectivity to ensure straight-through processing and specialized technology services aimed at optimizing trading environments. Additionally, MarketAxess delivers vital pre- and post-trade support, covering trade matching, publication, regulatory reporting, and extensive market and reference data for a wide range of financial instruments. Founded in 2000, MarketAxess Holdings Inc. maintains its headquarters in New York, New York.

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