MARKETAXESS HOLDINGS INC
MKTXNasdaq
$113.80
↓ -1.5%Jul 17 close · end-of-day
Price
1Y↓ -46.2%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$4.0B
Enterprise Value
$3.9B
P/E
13.5
P/S
4.6
P/B
3.4
EV/EBITDA
9.0
PEG
—
FCF Yield
6.7%
Dividend Yield
2.7%
Revenue (TTM)
$871.1M
Net Income (TTM)
$309.7M
Free Cash Flow (TTM)
$270.6M
Gross Margin
—
Operating Margin
40.7%
Net Margin
35.6%
ROE
26.0%
ROIC
28.1%
Debt / Equity
0.2
Net Cash
$149.1M
Return 1Y
-44.9%
Company profile
MarketAxess Holdings Inc. operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers access to liquidity in the U.S. investment-grade bonds, high-yield bonds, and Treasuries. The company executes bond trades between and among institutional investors and brokers in an all-to-all anonymous trading environment.
- CEO
- Richard M. McVey
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 740
- Headquarters
- New York
- Website
- marketaxess.com
Management & directors
- Pintoff ScottGeneral Counsel and Secretary
- Fiszel Bieler IleneChief Financial Officer
- Quan WilliamChief Technology Officer
- Concannon Christopher RChief Executive Officer
- Panchal Naineshkumar ShantilalChief Information Officer
- Mcpherson Kevin MChief Revenue Officer
- Mirwani Nitin AChief Accounting Officer
- Berry DeanGroup COO & CEO, EMEA & APAC
Roles derived from SEC Form 4 filings.
Earnings
MKTX Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$233.4M↑ +11.9%
Diluted EPS$2.20↑ +450.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $689.1M | $699.0M | $718.3M | $752.5M | $817.1M | $846.3M |
| Gross profit | — | — | — | — | — | — |
| Operating income | $374.7M | $337.2M | $326.9M | $315.0M | $340.9M | $341.8M |
| Net income | $299.4M | $257.9M | $250.2M | $258.1M | $274.2M | $246.9M |
| Diluted EPS | $7.85 | $6.77 | $6.65 | $6.85 | $7.28 | $6.64 |
| Operating cash flow | $404.5M | $282.1M | $289.2M | $333.8M | $385.2M | $382.1M |
| Free cash flow | $389.5M | $264.6M | $276.1M | $324.4M | $375.3M | $373.9M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 54.4% | 48.2% | 45.5% | 41.9% | 41.7% | 40.4% |
| Net margin | 43.4% | 36.9% | 34.8% | 34.3% | 33.6% | 29.2% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $197.7M | $206.7M | $202.4M | $208.6M | $219.5M | $208.8M | $209.4M | $233.4M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $81.3M | $87.1M | $80.0M | $88.4M | $91.9M | $85.6M | $76.0M | $100.9M |
| Net income | $64.9M | $71.5M | $65.2M | $15.1M | $71.1M | $68.2M | $92.5M | $77.9M |
| Diluted EPS | $1.72 | $1.90 | $1.74 | $0.40 | $1.91 | $1.84 | $2.49 | $2.20 |
| Operating cash flow | $118.8M | $95.1M | $176.2M | $29.6M | $103.7M | $90.2M | $158.6M | -$75.3M |
| Free cash flow | $111.2M | $94.3M | $176.0M | $27.7M | $102.5M | $88.7M | $155.1M | -$75.6M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 41.2% | 42.1% | 39.5% | 42.4% | 41.9% | 41.0% | 36.3% | 43.2% |
| Net margin | 32.9% | 34.6% | 32.2% | 7.2% | 32.4% | 32.6% | 44.2% | 33.4% |
Company news
Jul 15, 2026
Jul 8, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-10 | Pintoff Scott· General Counsel and Secretary | Sale | 100 | $115.12 | $11,512.00 | filing |
| 2026-06-18 | HERNANDEZ CARLOS MAURICIO | Gift | 10,708 | $0.00 | $0.00 | filing |
| 2026-06-18 | HERNANDEZ CARLOS MAURICIO | Gift | 10,708 | $0.00 | $0.00 | filing |
| 2026-06-10 | Pintoff Scott· General Counsel and Secretary | Sale | 100 | $116.03 | $11,603.00 | filing |
| 2026-06-10 | SCHICIANO KENNETH T | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | Portney Emily Hope | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | Begleiter Steven L | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | HERNANDEZ CARLOS MAURICIO | Award | 2,616 | $0.00 | $0.00 | filing |
| 2026-06-10 | Gibson Kourtney | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | Hoornweg Roberto | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | Cruger William Frank Jr. | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | Chwick Jane | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | Altobello Nancy A. | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | Cifu Douglas A | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-10 | KETCHUM RICHARD G | Award | 1,390 | $0.00 | $0.00 | filing |
| 2026-06-03 | Fiszel Bieler Ilene· Chief Financial Officer | Tax withholding | 332 | $123.18 | $40,895.76 | filing |
| 2026-05-11 | Pintoff Scott· General Counsel and Secretary | Sale | 100 | $146.99 | $14,699.00 | filing |
| 2026-05-01 | Quan William· Chief Technology Officer | Award | 218 | $0.00 | $0.00 | filing |
| 2026-04-10 | Pintoff Scott· General Counsel and Secretary | Sale | 100 | $171.96 | $17,196.00 | filing |
| 2026-04-03 | CONCANNON CHRISTOPHER R· Chief Executive Officer | Tax withholding | 349 | $171.46 | $59,839.54 | filing |
| 2026-03-10 | Pintoff Scott· General Counsel and Secretary | Sale | 100 | $184.93 | $18,493.00 | filing |
| 2026-03-01 | Panchal Naineshkumar Shantilal· Chief Information Officer | Tax withholding | 1,470 | $192.00 | $282,240.00 | filing |
| 2026-03-01 | Cifu Douglas A | Award | 259 | $0.00 | $0.00 | filing |
| 2026-03-01 | SCHICIANO KENNETH T | Award | 259 | $0.00 | $0.00 | filing |
| 2026-02-15 | CONCANNON CHRISTOPHER R· Chief Executive Officer | Tax withholding | 1,750 | $179.36 | $313,880.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.