MarketAxess Holdings Past Earnings Performance
Past criteria checks 3/6
MarketAxess Holdings has been growing earnings at an average annual rate of 5.3%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 9.8% per year. MarketAxess Holdings's return on equity is 20%, and it has net margins of 34.3%.
Key information
5.3%
Earnings growth rate
5.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 9.8% |
| Return on equity | 20.0% |
| Net Margin | 34.3% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings
Apr 02
MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year
Feb 25Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%
Dec 27MarketAxess Q3 2022 Earnings Preview
Oct 18Narrowing Down High-Quality Dividend Growth: Maybe It's Time For MarketAxess
Aug 29MarketAxess saw a 6.9% M/M drop in July total trading ADV
Aug 03MarketAxess Q2 2022 Earnings Preview
Jul 19MarketAxess Or Tradeweb, Which Is The Better Stock?
Jul 01MarketAxess: Approaching A Defensible Valuation
Apr 12MarketAxess Holdings Stock: A Transitional Year For Growth
Feb 08High Quality Dividend Growth Near 52-Week Lows: MarketAxess Merits Examination
Nov 20Formerly High-Flying MarketAxess Still Risky Even At 52-Week Lows
Oct 12Here's Why I Think MarketAxess Holdings (NASDAQ:MKTX) Might Deserve Your Attention Today
Aug 03MarketAxess: Network Effects Will Compound Future Profitability
Jul 01Revenue & Expenses BreakdownBeta
How MarketAxess Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 753 | 258 | 97 | 0 |
| 30 Sep 23 | 733 | 248 | 97 | 0 |
| 30 Jun 23 | 733 | 252 | 95 | 0 |
| 31 Mar 23 | 735 | 259 | 96 | 0 |
| 31 Dec 22 | 718 | 250 | 95 | 0 |
| 30 Sep 22 | 705 | 243 | 94 | 0 |
| 30 Jun 22 | 695 | 242 | 95 | 0 |
| 31 Mar 22 | 690 | 242 | 96 | 0 |
| 31 Dec 21 | 699 | 258 | 95 | 0 |
| 30 Sep 21 | 705 | 279 | 93 | 0 |
| 30 Jun 21 | 707 | 288 | 92 | 0 |
| 31 Mar 21 | 716 | 305 | 89 | 0 |
| 31 Dec 20 | 689 | 299 | 87 | 0 |
| 30 Sep 20 | 648 | 277 | 85 | 0 |
| 30 Jun 20 | 615 | 263 | 82 | 0 |
| 31 Mar 20 | 556 | 227 | 79 | 0 |
| 31 Dec 19 | 511 | 205 | 76 | 0 |
| 30 Sep 19 | 494 | 200 | 73 | 0 |
| 30 Jun 19 | 464 | 185 | 71 | 0 |
| 31 Mar 19 | 445 | 177 | 69 | 0 |
| 31 Dec 18 | 436 | 173 | 67 | 0 |
| 30 Sep 18 | 422 | 160 | 63 | 0 |
| 30 Jun 18 | 416 | 156 | 60 | 0 |
| 31 Mar 18 | 405 | 154 | 56 | 0 |
| 31 Dec 17 | 393 | 148 | 52 | 0 |
| 30 Sep 17 | 389 | 148 | 50 | 0 |
| 30 Jun 17 | 384 | 145 | 48 | 0 |
| 31 Mar 17 | 384 | 140 | 47 | 0 |
| 31 Dec 16 | 368 | 126 | 46 | 0 |
| 30 Sep 16 | 352 | 117 | 44 | 0 |
| 30 Jun 16 | 336 | 109 | 42 | 0 |
| 31 Mar 16 | 315 | 100 | 39 | 0 |
| 31 Dec 15 | 303 | 96 | 37 | 0 |
| 30 Sep 15 | 297 | 93 | 35 | 0 |
| 30 Jun 15 | 287 | 88 | 34 | 0 |
| 31 Mar 15 | 276 | 82 | 34 | 0 |
| 31 Dec 14 | 262 | 75 | 34 | 0 |
| 30 Sep 14 | 252 | 69 | 36 | 0 |
| 30 Jun 14 | 249 | 69 | 36 | 0 |
| 31 Mar 14 | 248 | 70 | 37 | 0 |
| 31 Dec 13 | 239 | 69 | 36 | 0 |
| 30 Sep 13 | 227 | 74 | 32 | 0 |
| 30 Jun 13 | 212 | 69 | 30 | 0 |
Quality Earnings: MKTX has high quality earnings.
Growing Profit Margin: MKTX's current net profit margins (34.3%) are lower than last year (34.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MKTX's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: MKTX's earnings growth over the past year (3.1%) is below its 5-year average (5.3% per year).
Earnings vs Industry: MKTX earnings growth over the past year (3.1%) exceeded the Capital Markets industry 1.5%.
Return on Equity
High ROE: MKTX's Return on Equity (20%) is considered low.