MKTX Stock Overview
Operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
No risks detected for MKTX from our risk checks.
MarketAxess Holdings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$222.73 |
| 52 Week High | US$296.68 |
| 52 Week Low | US$186.84 |
| Beta | 1.12 |
| 1 Month Change | 2.48% |
| 3 Month Change | 0.46% |
| 1 Year Change | 10.30% |
| 3 Year Change | -18.69% |
| 5 Year Change | -47.50% |
| Change since IPO | 1,173.47% |
Recent News & Updates
Recent updates
Analysts Have Been Trimming Their MarketAxess Holdings Inc. (NASDAQ:MKTX) Price Target After Its Latest Report
Feb 09
Risks To Shareholder Returns Are Elevated At These Prices For MarketAxess Holdings Inc. (NASDAQ:MKTX)
Jan 27MarketAxess: Nothing Wrong With These Results, But Potentially Losing More Ground To TradeWeb (Downgrade)
Jan 10MarketAxess: A Forgotten Stock Worth Buying On The Dip
Dec 06MarketAxess: Expectation Of Breakthrough Earnings Growth
Oct 22MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline
Sep 06
Global Expansion And Tech Innovations Set To Propel Market Dominance And Revenue Surge
Aug 25 MarketAxess' focus on enhancing liquidity and trading outcomes through technological advancements like AI and modern interfaces aims to increase commission revenue and margins.MarketAxess: Electronic Credit Platform With Industry Tailwinds, Valuation Seems Fair
Aug 12MarketAxess Holdings Inc. (NASDAQ:MKTX) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Aug 08MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Business Is Yet to Catch Up With Its Share Price
Jul 18MarketAxess May Be The Future
May 27MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year
Feb 25Shareholder Returns
| MKTX | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 9.6% | -2.3% | -3.0% |
| 1Y | 10.3% | 13.7% | 4.6% |
Return vs Industry: MKTX underperformed the US Capital Markets industry which returned 16.2% over the past year.
Return vs Market: MKTX exceeded the US Market which returned 5.9% over the past year.
Price Volatility
| MKTX volatility | |
|---|---|
| MKTX Average Weekly Movement | 4.5% |
| Capital Markets Industry Average Movement | 5.4% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 4.0% |
Stable Share Price: MKTX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MKTX's weekly volatility (5%) has been stable over the past year.
Community vs My Fair Value
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About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 891 | Chris Concannon | www.marketaxess.com |
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides automated and algorithmic trading solutions, such as X-Pro, a trading platform to combine trading protocols with its proprietary data and pre-trade analytics; and integrated and actionable data offerings, including CP+ and Axess All, a real-time pricing engine, including Auto-X and portfolio trading.
MarketAxess Holdings Inc. Fundamentals Summary
| MKTX fundamental statistics | |
|---|---|
| Market cap | US$8.44b |
| Earnings (TTM) | US$274.18m |
| Revenue (TTM) | US$817.10m |
30.6x
P/E Ratio10.3x
P/S RatioIs MKTX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MKTX income statement (TTM) | |
|---|---|
| Revenue | US$817.10m |
| Cost of Revenue | US$307.66m |
| Gross Profit | US$509.44m |
| Other Expenses | US$235.26m |
| Earnings | US$274.18m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
May 07, 2025
| Earnings per share (EPS) | 7.27 |
| Gross Margin | 62.35% |
| Net Profit Margin | 33.56% |
| Debt/Equity Ratio | 0% |
How did MKTX perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield41%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/16 11:15 |
| End of Day Share Price | 2025/04/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MarketAxess Holdings Inc. is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Jeremy Campbell | Barclays |
| Benjamin Budish | Barclays |