MarketAxess Inc.
MKTX | NASDAQ
$163.44
+$0.02 (+0.01%)
At close: Sep 21, 2026, 4:00 PM ET
$163.44
$0 (0.00%)
After-hours:
Sep 21, 2026, 7:30 PM ET
Market Data
Market Cap $5.75B
Enterprise Value $5.57B
Beta 0.83
Average Volume 925.18K
Shares Outstanding (Diluted) 35.31M
Shares Change YoY -5.51%
Institutional Ownership N/A
Exchange NASDAQ
ISIN US57060D1081
Price Performance
Price Change 1M 0.8%
Price Change 3M 38.3%
Price Change 6M -1.6%
Price Change YTD -8.5%
Price Change 1Y -8.4%
Price Change 3Y -24.3%
Price Change 5Y -61.5%
1M CAGR (ann.) 1.0%
1Y CAGR (ann.) -9.2%
5Y CAGR (ann.) -16.8%
All-Time CAGR 15.7%
Valuation
PE Ratio 19.27
Forward PE 18.80
PEG Ratio 0.45
Forward PEG 2.13
PS Ratio 6.61
Forward PS 6.00
PB Ratio 4.64
P/FCF Ratio 24.36
P/Adj. FCF Ratio 28.28
P/OCF Ratio 28.72
EV/Sales 6.40
EV/EBIT 19.80
EV/EBITDA 12.50
EV/FCF 23.58
Earnings Yield 5.2%
FCF Yield 4.1%
Adj. FCF Yield 3.5%
Financial Health
Net Cash $182.8M
Total Debt $63M
Cash & Short-Term Investments $245.79M
Total Assets $2.42B
Current Ratio 1.76
Quick Ratio 1.76
Debt / Equity Ratio 0.14
Debt / EBITDA 0.14
Debt / FCF 0.27
OCF / Debt 4.40
Interest Coverage 59.87
Altman Z-Score 4.99
Piotroski F-Score 5
Margins & Profitability
Gross Profit Margin 67.5%
Operating Profit Margin 40.5%
EBITDA Margin 51.7%
Net Profit Margin 35.2%
FCF Margin 27.1%
Adj. FCF Margin 23.4%
SBC / Revenue 3.8%
SBC Impact (per share) -13.9%
Returns
Return on Assets 12.7%
Return on Equity 24.7%
Return on Invested Capital 19.9%
Return on Capital Employed 23.8%
Return on Tangible Assets 15.0%
Historical Growth (CAGR)
Revenue CAGR 3Y 5.9%
Revenue CAGR 5Y 4.2%
Revenue CAGR 10Y 10.0%
EPS CAGR 3Y 8.1%
EPS CAGR 5Y 2.3%
EPS CAGR 10Y 11.3%
FCF CAGR 3Y -4.2%
FCF CAGR 5Y 2.0%
FCF CAGR 10Y 21.0%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 24
EPS Growth Next 3Y 5.5%
Revenue Growth Next 3Y 7.3%
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number $82.42
Graham Upside -49.6%
Lynch Fair Value $42.40
Lynch Upside -74.1%
Price Target $142.50
Price Target Upside -12.8%
Cash Flow
Operating Cash Flow $277.18M
Free Cash Flow $236.13M
Adj. Free Cash Flow $203.4M
FCF Per Share $4.54
OCF Per Share $5.69
OCF/S Ratio 23.0%
Income Statement
Revenue $869.77M
Gross Profit $598.39M
Operating Income $352.33M
EBITDA $445.37M
Net Income $306.84M
EPS (Diluted) $8.48
Revenue / Employee $1M
Profit / Employee $353.51K
Employees 868
Dividends
Annual Dividend $3.10
Dividend Yield 1.90%
Payout Ratio 36.6%
FCF Payout Ratio 48.3%
Adj. FCF Payout Ratio 56.1%
Dividend Growth (YoY) 2.6%
Pay Frequency Quarterly
Ex-Dividend Date Aug 18, 2026
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