MKTX
MarketAxess Holdings Inc
NASDAQ: MKTX · FINANCIAL SERVICES · CAPITAL MARKETS
$160.77
+1.44% today
Updated 2026-04-29
Market cap
$5.72B
P/E ratio
24.21
P/S ratio
6.75x
EPS (TTM)
$6.64
Dividend yield
1.92%
52W range
$155 – $229
Volume
0.5M
MarketAxess Holdings Inc (MKTX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $83.32M | $93.64M | $93.08M | $114.44M | $146.23M | $181.10M | $198.20M | $238.73M | $261.87M | $303.10M | $369.92M | $397.47M | $435.56M | $511.35M | $689.13M | $701.03M | $718.71M | $750.90M | $817.92M | $849.20M |
| Revenue growth (YoY) | — | +12.4% | -0.6% | +22.9% | +27.8% | +23.8% | +9.4% | +20.4% | +9.7% | +15.7% | +22.0% | +7.4% | +9.6% | +17.4% | +34.8% | +1.7% | +2.5% | +4.5% | +8.9% | +3.8% |
| Cost of revenue | $6.73M | $7.17M | $7.88M | $6.79M | $6.35M | $58.79M | $29.23M | $44.28M | $52.44M | $53.00M | $52.95M | $64.39M | $77.78M | $97.61M | $133.98M | $172.24M | $199.23M | $226.77M | $244.32M | $255.80M |
| Gross profit | $76.59M | $86.47M | $85.21M | $107.65M | $139.88M | $122.31M | $168.97M | $194.45M | $209.43M | $250.10M | $316.97M | $333.08M | $357.79M | $413.74M | $555.14M | $528.79M | $519.48M | $524.13M | $573.61M | $593.40M |
| Gross margin | 91.9% | 92.3% | 91.5% | 94.1% | 95.7% | 67.5% | 85.3% | 81.5% | 80.0% | 82.5% | 85.7% | 83.8% | 82.1% | 80.9% | 80.6% | 75.4% | 72.3% | 69.8% | 70.1% | 69.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.70M | $0.00 | — | — |
| SG&A | $16.43M | $67.32M | $69.34M | $9.14M | $10.96M | $90.70M | $34.87M | $48.29M | $46.09M | $46.65M | $48.29M | $56.66M | $70.92M | $79.66M | $92.52M | $112.22M | $120.23M | $69.19M | $64.78M | $58.08M |
| Operating income | $8.60M | $17.25M | $12.83M | $30.05M | $50.91M | $78.73M | $86.69M | $107.68M | $117.64M | $147.90M | $191.60M | $201.77M | $212.58M | $250.88M | $374.73M | $337.26M | $326.81M | $318.69M | $338.88M | $349.96M |
| Operating margin | 10.3% | 18.4% | 13.8% | 26.3% | 34.8% | 43.5% | 43.7% | 45.1% | 44.9% | 48.8% | 51.8% | 50.8% | 48.8% | 49.1% | 54.4% | 48.1% | 45.5% | 42.4% | 41.4% | 41.2% |
| EBITDA | $15.33M | $24.42M | $20.71M | $36.84M | $57.26M | $85.51M | $94.92M | $121.40M | $135.91M | $166.44M | $209.44M | $221.04M | $241.17M | $290.08M | $418.34M | $395.01M | $406.14M | $411.09M | $442.61M | $452.70M |
| EBITDA margin | 18.4% | 26.1% | 22.3% | 32.2% | 39.2% | 47.2% | 47.9% | 50.9% | 51.9% | 54.9% | 56.6% | 55.6% | 55.4% | 56.7% | 60.7% | 56.3% | 56.5% | 54.7% | 54.1% | 53.3% |
| EBIT | $8.60M | $17.25M | $12.83M | $30.05M | $50.91M | $78.73M | $86.69M | $107.28M | $118.54M | $147.90M | $191.60M | $201.77M | $218.09M | $257.42M | $375.50M | $334.76M | $338.99M | $334.68M | $362.15M | $368.48M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $14.61M | $1.14M | $842000.00 | $700000.00 | $1.98M | $1.60M | $1.49M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $5.42M | $10.32M | $7.90M | $16.10M | $31.43M | $47.70M | $60.07M | $68.37M | $74.81M | $96.04M | $126.17M | $148.09M | $172.85M | $204.90M | $299.38M | $257.89M | $250.22M | $258.06M | $274.18M | $246.63M |
| Net income growth (YoY) | — | +90.4% | -23.5% | +103.8% | +95.2% | +51.8% | +25.9% | +13.8% | +9.4% | +28.4% | +31.4% | +17.4% | +16.7% | +18.5% | +46.1% | -13.9% | -3.0% | +3.1% | +6.2% | -10.0% |
| Profit margin | 6.5% | 11.0% | 8.5% | 14.1% | 21.5% | 26.3% | 30.3% | 28.6% | 28.6% | 31.7% | 34.1% | 37.3% | 39.7% | 40.1% | 43.4% | 36.8% | 34.8% | 34.4% | 33.5% | 29.0% |