MKTX
Marketaxess Holdings Inc
$115.63
+0.76 (+0.66%)
At close · Jul 15
Market Cap
$4.11B
Shares
35,539,453
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$846.27M
+3.6%
FY2025
Net Income
$246.63M
-10%
FY2025
Operating Margin
40.39%
-1.3pp
FY2025
Diluted EPS
$6.64
-8.8%
FY2025
Operating Cash Flow
$382.14M
-0.8%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $871.07M | $846.27M | $817.1M | $752.55M | $718.3M | $698.95M | $689.13M | $511.35M | $435.57M | $397.47M | $369.92M | $303.1M | $262.77M | $238.73M | $198.2M | $181.1M | |
| $24.15M | — | — | $22.43M | $5.04M | — | — | — | — | — | — | — | — | — | — | — | |
| $26.61M | $26.59M | $22.71M | $23.04M | $19.2M | $14.5M | $12.7M | $15.7M | $11.35M | $12.58M | $15.63M | $13.01M | $9.65M | $8.86M | $8.6M | $7.95M | |
| $20.5M | $19.9M | $19.8M | $18.6M | $16.4M | $13.4M | $3.9M | $800K | $400K | $400K | $700K | $2.3M | $2.3M | $2.2M | $1.4M | — | |
| $77.67M | $76.7M | $73.82M | $70.56M | $61.45M | $53.45M | $36M | $26.86M | $23.08M | $19.27M | $17.84M | $18.54M | $17.38M | $13.05M | $8.23M | $6.78M | |
| $516.7M | $504.43M | $476.23M | $437.53M | $391.42M | $361.72M | $314.4M | $260.47M | $222.98M | $195.7M | $178.32M | $155.2M | — | — | — | — | |
| $354.38M | $341.84M | $340.87M | $315.02M | $326.88M | $337.24M | $374.73M | $250.88M | $212.58M | — | — | — | — | — | — | — | |
| — | 40.39% | 41.72% | 41.86% | 45.51% | 48.25% | 54.38% | 49.06% | 48.81% | — | — | — | — | — | — | — | |
| $432.05M | $418.54M | $414.69M | $385.58M | $388.32M | $390.68M | $410.72M | $277.74M | $235.66M | — | — | — | — | — | — | — | |
| $4.16M | $1.49M | $1.6M | $1.98M | $700K | $842K | $1.14M | — | — | — | — | — | — | — | — | — | |
| $20.35M | $25.16M | $19.68M | $17.68M | $11.41M | -$3.31M | -$369K | $6.54M | $5.5M | — | — | — | — | — | — | — | |
| $168K | $457K | $1.4M | $735K | $1.13M | — | — | — | — | — | — | — | — | — | — | — | |
| $374.73M | $367M | $360.55M | $332.7M | $338.29M | $333.92M | $374.36M | $257.42M | $218.09M | $201.77M | $191.6M | $147.9M | $118.54M | $107.28M | $86.69M | $78.73M | |
| $64.77M | $120.08M | $86.37M | $74.65M | $88.06M | $76.04M | $74.98M | $52.52M | $45.23M | $53.68M | $65.43M | $51.86M | $43.73M | $38.72M | $26.62M | $31.03M | |
| $309.44M | $246.63M | $274.18M | $258.06M | $250.22M | $257.89M | $299.38M | $204.9M | $172.85M | $148.09M | $126.17M | $96.04M | $74.81M | $76.02M | $60.07M | $47.7M | |
| — | 29.14% | 33.56% | 34.29% | 34.84% | 36.9% | 43.44% | 40.07% | 39.68% | 37.26% | 34.11% | 31.69% | 28.47% | 31.84% | 30.31% | 26.34% | |
| $510K | $285K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | $60.07M | $47.7M | |
| $321.22M | $276.9M | $263.85M | $271.38M | $225.86M | $249.21M | $305M | $207.03M | $170.68M | $150.09M | $119.17M | $95.35M | $74.35M | $75.03M | $58.86M | $47.47M | |
| USD/shares | — | $6.66 | $7.29 | $6.87 | $6.68 | $6.88 | $8.01 | $5.53 | $4.68 | $4.02 | $3.42 | $2.62 | $2.03 | $2.06 | $1.65 | $1.29 |
| USD/shares | — | $6.64 | $7.28 | $6.85 | $6.65 | $6.77 | $7.85 | $5.40 | $4.57 | $3.89 | $3.34 | $2.55 | $1.97 | $2.01 | $1.59 | $1.20 |
| shares | — | 37.06M | 37.6M | 37.55M | 37.47M | 37.51M | 37.36M | 37.08M | 36.96M | 36.86M | 36.84M | 36.69M | 36.93M | 36.89M | 36.52M | 37.01M |
| shares | — | 37.14M | 37.67M | 37.65M | 37.64M | 38.1M | 38.14M | 37.96M | 37.86M | 38.04M | 37.74M | 37.64M | 37.89M | 37.89M | 37.82M | 39.61M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $989.5M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Capital Markets median 9.72×
EV/EBIT
—
P/E (TTM)
13.70×
Capital Markets median 19.50×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| United States | $568,383,000 | $568,595,000 | $523,683,000 | $510,802,000 | — | — | — | — |
| United Kingdom | $177,257,000 | $161,838,000 | $147,019,000 | $126,862,000 | — | — | — | — |
| Other | $100,628,000 | $86,664,000 | $81,845,000 | $80,636,000 | — | — | — | — |
| Americas | — | — | — | — | $568,918,000 | $583,164,000 | $427,276,000 | $369,324,000 |
| Asia | — | — | — | — | $19,965,000 | $16,210,000 | $9,565,000 | $6,298,000 |
| Europe | — | — | — | — | $110,068,000 | $89,751,000 | $74,511,000 | $59,943,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Commission Revenue | $734,623,000 | $711,710,000 | $662,964,000 | $641,183,000 | $621,008,000 | $634,445,000 | $463,856,000 | $390,834,000 |
| Information Services | $53,230,000 | $50,540,000 | $46,383,000 | $39,314,000 | $38,175,000 | $34,341,000 | $30,730,000 | $28,227,000 |
| Post Trade Services | $44,491,000 | $42,487,000 | $40,178,000 | $36,877,000 | $38,922,000 | $19,460,000 | $15,763,000 | $15,346,000 |
| Technology Services | $13,924,000 | $12,360,000 | $3,022,000 | $926,000 | $846,000 | — | — | — |
| Other Revenues | — | — | — | — | — | $879,000 | $1,003,000 | $1,158,000 |
Key facts
CIK
1278021
CUSIP
57060D108
13F (30d)
45 filings
23 filers
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