MKTX · Marketaxess Holdings Inc
$163.92
-0.04 (-0.02%)
At close · Sep 30
Return incl. dividend (before tax)
Market Cap
$5.78B
Shares
35.19M
Volume · Sep 30
837.53K
Avg daily vol (3M)
1.05M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$163.92
Open$163.94
Day$163.77–164.12
52W close$109.09–193.61
Avg vol 30d955K
Short int2.3M · 6.7% float · 2.6d
Short vol46%
Last earningsAug 7, 2026
DataJan 2020–Sep 2026
Filing10-Q · Aug 7
Up next
Next earnings call
Nov 7, 2026
Est · unconfirmed
· in 5 wks
filed Aug 7, 2026
call held May 7, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$870.02M
Trailing 12 months
Net income (TTM)
$306.40M
Trailing 12 months
Revenue growth YoY
-0.5%
Year over year
Operating margin
40.5%
Trailing 12 months
P / E (TTM)
19.4
Trailing earnings · reciprocal yield 5.2%
FCF yield
3.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-5.5%
Year over year · fewer shares
Price change (1Y)
-7.7%
Trailing year
Short interest
6.7%
Latest settlement · 2.6 days to cover
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Buy
Momentum
Very Weak
Sentiment
Bearish
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
Golden cross
Price vs 200-day avg
+5%
above
Price vs 50-day avg
+4%
above
RSI (14)
78
overbought
MACD trend
Negative
52-week position
65%
mid-range
Momentum
relative strength
1-month return
+1%
trailing
6-month return
−5%
trailing
YTD return
−10%
this year
Relative strength
−17%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
Golden cross
50d $158 › 200d $157 — 50d above 200d
Institutional flow
Distributing
-12% holders QoQ · +56 funds added
Insider flow
Distributing
Net -$1.0M over 90 days · 100% sells
Short interest
Rising
6.67% of float · ▲ +30.2% MoM · 2.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
400 holders — near 3-yr low, contrarian setup
Squeeze score
71
high risk · 0–100
Fundamentals
Revenue growth
+7%
Y/Y
EPS growth
−9%
Y/Y
Free cash flow
$373.9M
Valuation
P/E 19.4
below peers
Buyback
$205.0M
remaining
Quant / Vol
risk profile
Volatility
39%
annualized · 1-yr
Max drawdown
−44%
past year
ATR
0.4%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Feb 6, 2026
Expenses, excluding notable items
· Full Year 2026
Non-GAAP
Initiated
$530M – $545M
Effective tax rate
· Full Year 2026
Initiated
24% – 26%
Capital expenditures
· Full Year 2026
Initiated
$65M – $75M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
Golden cross
Bullish
Price vs 200-day avg
+5%
Bullish
Price vs 50-day avg
+4%
Bullish
RSI (14)
78
Bearish
MACD trend
Negative
Bearish
52-week position
65%
Neutral
Market signals — smart money & positioning
Bearish · 3 of 6
Trend (MA cross)
Golden cross
50d $158 › 200d $157 — 50d above 200d
Institutional flow
Distributing
-12% holders QoQ · +56 funds added
Insider flow
Distributing
Net -$1.0M over 90 days · 100% sells
Short interest
Rising
6.67% of float · ▲ +30.2% MoM · 2.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
400 holders — near 3-yr low, contrarian setup
Price context
position in its 52-week range
Range low $109
Now $164 · 65%
Range high $194
vs 200-day avg +5%
vs 50-day avg +4%
50-day above 200-day golden cross
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Diluted EPS, excluding notable items non-GAAP | $1.95 | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Diluted EPS, GAAP-basis $1.93
+$0.02 Notable items as reconciled above
= Diluted EPS, excluding notable items $1.95
|
|||
| EBITDA non-GAAP | $106.24M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net income 68.32M
-4.69M Interest income
+1.86M Interest expense
+21.44M Provision for income taxes
+19.31M Depreciation and amortization
= EBITDA 106.24M
|
|||
| EBITDA margin non-GAAP | 48.6% | Three Months Ended June 30, 2026 filing | — |
| Effective tax rate, excluding notable items non-GAAP | 24.5% | Three Months Ended June 30, 2026 filing | — |
| Free Cash Flow non-GAAP | $88.94M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net cash (used in)/provided by operating activities 26.81M
+0K Exclude: Net change in trading investments
+74.13M Exclude: Net change in fail-to-deliver/receive from broker-dealers, clearing organizations and customers
-649K Less: Purchases of furniture, equipment and leasehold improvements
-11.36M Less: Capitalization of software development costs
= Free Cash Flow 88.94M
|
|||
| Net income, excluding notable items non-GAAP | $68.93M | Three Months Ended June 30, 2026 filing | — |
| Operating margin, excluding notable items non-GAAP | 41.9% | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Capital Markets — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MKTX
this stock
Marketaxess Holdings Inc
|
$5.78B | -9.6% | +7.4% | 19.4 | 6.7% |
|
MS
Morgan Stanley
|
$308.32B | +5.9% | +5.5% | 15.9 | 0.9% |
|
GS
Goldman Sachs Group Inc
|
$272.38B | +2.4% | +8.9% | 14.4 | 2.4% |
|
SCHW
Schwab Charles Corp
|
$171.26B | -2.2% | +22.0% | 18.0 | 1.1% |
|
HOOD
Robinhood Markets, Inc.
|
$107.35B | -0.5% | +51.6% | 52.8 | 4.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MKTX | +0.1% | +0.8% | -5.1% | +0.8% | -9.6% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | +0.8% | +0.7% | -17.3% | +1.4% | -21.4% |
Capital returns
Buyback program
· as of Jul 29, 2026
Authorized
—
Spent (derived)
—
Remaining
$205.00M
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.