Skip to content
Company Analysis

MarketAxess Holdings, Inc. MKTX

A comprehensive view of key metrics, scores, and financial health for MarketAxess Holdings, Inc.

Overview of MarketAxess Holdings Inc.

MKTX NMS
Financial Services Capital Markets Mid Cap
MarketAxess Holdings Inc. (MKTX), is a Mid Cap company, in the Capital Markets industry, last closed at $180.12, about 78.4% overvalued vs fair value, -17.1% 1Y return, placing in the top 25% of its sector.
$180.12
-0.75%
As of March 13, 2026
Previous close • Vol 90d: 27.0%
52-Week Range
Market Cap
$6.77B
Enterprise Value
$6.54B
Overall Score
Scores locked

Create a free account to see overall and pillar scores for MarketAxess Holdings, Inc..

Top Beats

Quick Facts

Website https://www.marketaxess.com
HQ New York, NY
Employees 868
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$22
$39
$73
Current: $180.12 -78% vs base

Engine Room Money Flow™

Mid Cap

Financial Services - Where revenue goes and how value is created

Flow Steps
Interest Income
$24.4M
-6.3%%
Interest Expense
$1.5M
Net Interest Income
$22.9M
-6.3%%
Total Revenue
$849.2M
3.9%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Financial Services

Quality & Reliability Indicators

Return on Equity
19.7%
Excellent

Net Income / Equity - key bank profitability metric

Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium

Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$535.2M
195.2% of Net Income

Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
0
Active Leaks
0/0
Improving
0
High Impact
0
Critical
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating MarketAxess Holdings, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
82
/100
Strong
Scores based on quantitative metrics and qualitative factors

Upgrade to unlock interactive defense details

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Strong
85
Premium
Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.
For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing MKTX's balance between Growth (17.5%), Profitability (47.6%), and Safety (34.9%). Growth 18% Safety 35% Profitability 48%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

31th percentile vs peers
31
Key Signals
Revenue CAGR 3Y 5.7% 38p Rev Growth YoY 3.9% 29p EPS CAGR 3Y -0.0% 35p EPS Growth YoY -8.8% 23p TSR -18.4% 25p
Strengths
  • Interest Coverage Ratio in top 20% of peers (247.80, 96th percentile)
  • Superior capital returns - 3 return metrics above peer median
  • Roic in top 20% of peers (18.7%, 89th percentile)
Risks
  • Growth below peer median (percentile: 31)

Profitability

84th percentile vs peers
85
Key Signals
Strengths
Risks
Premium
Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

61th percentile vs peers
62
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for MarketAxess Holdings, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
X%XX%
X.X%
-XX%XX%
XX.X%
-XX%XX%
Adjust the sliders above to explore different valuation scenarios.
Unlock Premium
Reveal the full Scenario Theatre
See live sliders, narratives, and full Bear/Base/Bull outcomes.
Upgrade Now
Bear
-
- - -
- upside
-
Base
$38.90
- - -
-78.4% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
Actions & Info