MarketAxess
MKTX
164.17
+0.14
+0.09%
MarketAxess
US · MKTX
#1961 by market cap
Listed 1970
164.17
+0.14
+0.09%
Live - 5344 symbols - heartbeat 472s ago
· 2026-10-08 07:37
Pre-market
164.03
-0.09%
After-hours
164.17
0.00%
- Market cap
- 5.78B
- P/E (TTM)i
- 19.41
- P/Bi
- 4.66
- EPSi
- 6.64
- Div yieldi
- 1.88%
- 52W posi
- 65%
Reader sentiment
Are you bullish or bearish on MKTX?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 7.06, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +3.57% YoY
Margins
- Gross margin
- 59.42%
- Operating margin
- 40.39%
- Net margin
- 29.14%
Key ratios & quality
- Altman Z-Scorei
- 7.06
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 435.57M | 511.35M | 689.13M | 698.95M | 718.30M | 752.55M | 817.10M | 846.27M |
| Gross profit | 294.83M | 342.17M | 477.09M | 469.49M | 465.57M | 465.82M | 491.19M | 502.85M |
| Selling & admin expenses | 59.16M | 64.43M | 66.37M | 78.81M | 77.25M | 80.24M | 76.49M | 84.32M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 212.58M | 250.88M | 374.73M | 337.24M | 326.88M | 315.02M | 340.87M | 341.84M |
| Pretax profit | 218.09M | 257.42M | 374.36M | 333.92M | 338.29M | 332.70M | 360.55M | 367.00M |
| Tax | 45.23M | 52.52M | 74.98M | 76.04M | 88.06M | 74.65M | 86.37M | 120.08M |
| Net profit | 172.85M | 204.90M | 299.38M | 257.89M | 250.22M | 258.06M | 274.18M | 246.91M |
| Basic EPS | 5 | 6 | 8 | 7 | 7 | 7 | 7 | 7 |
| Diluted EPS | 4.57 | 5.40 | 7.85 | 6.77 | 6.65 | 6.85 | 7.28 | 6.64 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 208.58M | 219.46M | 208.82M | 209.41M | 233.38M | 218.42M |
| Gross profit | 124.43M | 130.36M | 124.93M | 123.14M | 138.40M | 130.37M |
| Selling & admin expenses | 17.81M | 19.30M | 19.69M | 27.52M | 18.27M | 21.18M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 88.38M | 91.86M | 85.58M | 76.01M | 100.92M | 89.88M |
| Pretax profit | 96.15M | 97.42M | 93.64M | 79.79M | 103.89M | 89.76M |
| Tax | 81.09M | 26.24M | 25.37M | -12.61M | 25.78M | 21.44M |
| Net profit | 15.07M | 71.18M | 68.27M | 92.39M | 78.11M | 68.32M |
| Basic EPS | 0 | 2 | 2 | 3 | 2 | 2 |
| Diluted EPS | 0.40 | 1.91 | 1.84 | 2.51 | 2.20 | 1.93 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 438.11M | 452.99M | 888.70M | 1.04B | 1.07B | 1.35B | 1.15B | 1.16B |
| Cash & ST investments | 380.58M | 390.97M | 479.15M | 517.93M | 464.75M | 522.25M | 649.26M | 519.73M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 695.54M | 954.93M | 1.33B | 1.53B | 1.61B | 2.02B | 1.79B | 1.93B |
| Total current liabilities | 48.61M | 39.48M | 220.43M | 341.00M | 387.70M | 582.30M | 259.85M | 417.81M |
| Short-term debt | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-term debt | -- | -- | -- | -- | -- | -- | -- | 220.00M |
| Total liabilities | 87,661,000.00 | 184,839,000.00 | 376,368,000.00 | 489,143,000.00 | 526,682,000.00 | 722,104,000.00 | 400,556,000.00 | 776,627,000.00 |
| Total equity | 607.88M | 770.09M | 955.06M | 1.04B | 1.08B | 1.29B | 1.39B | 1.16B |
| Retained earnings | 463.25M | 591.09M | 799.37M | 956.97M | 1.10B | 1.24B | 1.41B | 1.54B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.21B | 1.18B | 1.24B | 1.16B | 1.53B | 1.66B |
| Cash & ST investments | 555.08M | 462.84M | 473.30M | 519.73M | 377.30M | 245.79M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.88B | 1.97B | 2.01B | 1.93B | 2.30B | 2.42B |
| Total current liabilities | 429.07M | 456.61M | 496.48M | 417.81M | 770.92M | 943.20M |
| Short-term debt | -- | -- | -- | -- | -- | -- |
| Long-term debt | -- | -- | -- | 220.00M | 228.25M | 115.91M |
| Total liabilities | 530,783,000.00 | 574,038,000.00 | 623,725,000.00 | 776,627,000.00 | 1,097,619,000.00 | 1,168,856,000.00 |
| Total equity | 1.35B | 1.40B | 1.39B | 1.16B | 1.20B | 1.25B |
| Retained earnings | 1.39B | 1.43B | 1.47B | 1.54B | 1.59B | 1.63B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 223.92M | 265.94M | 404.49M | 282.09M | 289.23M | 333.77M | 385.24M | 382.14M |
| Depreciation & amortization | 23.08M | 32.65M | 42.84M | 60.25M | 67.15M | 76.41M | 80.46M | 84.22M |
| Free cash flow | 176.32M | 231.24M | 358.86M | 231.48M | 237.36M | 281.32M | 328.67M | 324.13M |
| Dividends paid | -62.43M | -76.23M | -90.57M | -99.79M | -105.94M | -109.66M | -112.70M | -115.20M |
| Stock buybacks / issuance | -25.17M | -17.26M | -16.14M | -63.19M | -87.54M | 0 | -75.47M | -420.02M |
| Ending cash balance | 247.46M | 274.25M | 608.05M | 625.57M | 572.66M | 611.67M | 700.46M | 675.85M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 29.63M | 103.71M | 90.16M | 158.63M | -75.33M | 26.81M |
| Depreciation & amortization | 20.00M | 21.06M | 21.58M | 21.59M | 21.14M | 21.28M |
| Free cash flow | 12.67M | 91.00M | 77.17M | 143.29M | -92.68M | 14.80M |
| Dividends paid | -29.46M | -28.24M | -29.45M | -28.05M | -28.40M | -27.49M |
| Stock buybacks / issuance | -38.08M | -36.69M | -45.25M | -300.00M | 0 | 0 |
| Ending cash balance | 644.45M | 650.45M | 642.77M | 675.85M | 548.24M | 419.72M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 30.79 | 29.74 | 34.71 | 25.84 | 23.58 | 21.74 | 20.45 | 19.46 |
| ROA %i | 27.08 | 24.83 | 26.19 | 18.02 | 15.95 | 14.25 | 14.41 | 13.24 |
| ROIC %i | 30.79 | 26.04 | 31.33 | 23.74 | 21.54 | 19.10 | 18.04 | 15.99 |
| 5-year avg ROE %i | 28.00 | 29.31 | 30.95 | 30.24 | 28.93 | 27.12 | 25.26 | 22.21 |
| EBIT margin %i | 48.81 | 49.06 | 54.49 | 47.90 | 47.19 | 44.47 | 44.32 | 43.54 |
| FCF / sales %i | 40.48 | 45.22 | 52.07 | 33.12 | 33.04 | 37.38 | 40.22 | 38.30 |
| Current ratioi | 9.01 | 11.47 | 4.03 | 3.05 | 2.76 | 2.31 | 4.41 | 2.77 |
| Quick ratioi | 9.01 | 11.47 | 3.80 | 2.70 | 2.40 | 2.03 | 3.81 | 2.40 |
| Debt / assetsi | 0.00 | 10.26 | 7.03 | 5.78 | 5.14 | 3.95 | 4.06 | 14.73 |
| LT debt / equityi | -- | 12.72 | 9.80 | 8.49 | 7.65 | 6.16 | 5.23 | 24.87 |
| Interest coveragei | -- | -- | 328.81 | 397.58 | 484.27 | 168.78 | 226.20 | 247.80 |
| Revenue CAGR (3Y) %i | 12.85 | 11.62 | 20.54 | 17.08 | 11.99 | 2.98 | 5.34 | 5.62 |
| Net income CAGR (3Y) %i | 21.64 | 17.54 | 26.44 | 14.27 | 6.89 | -4.83 | 2.06 | -0.48 |
| FCF CAGR (3Y) %i | 17.35 | 48.06 | 36.06 | 9.50 | 0.88 | -7.79 | 12.40 | 10.94 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 16.25 | 16.42 | 15.88 | 19.46 | 24.39 | 23.34 |
| ROA %i | 11.39 | 11.54 | 11.41 | 13.24 | 14.81 | 13.94 |
| ROIC %i | 14.29 | 14.50 | 13.83 | 15.99 | 20.35 | 20.49 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 44.33 | 44.45 | 44.40 | 43.54 | 43.50 | 42.87 |
| FCF / sales %i | 44.33 | 42.02 | 41.23 | 38.30 | 25.12 | 16.39 |
| Current ratioi | 2.81 | 2.59 | 2.50 | 2.77 | 1.99 | 1.76 |
| Quick ratioi | 2.44 | 2.18 | 2.16 | 2.40 | 1.77 | 1.57 |
| Debt / assetsi | 3.77 | 3.51 | 3.32 | 14.73 | 12.69 | 7.39 |
| LT debt / equityi | 5.26 | 4.99 | 4.85 | 24.87 | 24.53 | 14.44 |
| Interest coveragei | 241.31 | 366.22 | 443.10 | 247.80 | 91.04 | 63.37 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
End-to-end trading solutions100.00%
Quote time 2026-10-08 07:37:05 · For reference only, not investment advice and not tailored to your situation.