MarketAxess/$MKTX
1D1W1MYTD1Y5YMAX
Capital at risk
About MarketAxess
Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.
- Ticker
- $MKTX
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 868
- Headquarters
- New York, United States
- Website
- www.marketaxess.com
MarketAxess Metrics
BasicAdvanced
$5.7B
19.24
$8.48
0.83
$3.10
1.91%
Price and volume
Market cap
$5.7B
Beta
0.83
52-week high
$195.97
52-week low
$108.75
Average daily volume
1.5M
Dividend rate
$3.10
Financial strength
Current ratio
7.465
Quick ratio
6.516
Long term debt to equity
4.51
Total debt to equity
14.275
Dividend payout ratio (TTM)
37.01%
Interest coverage (TTM)
60.69%
Profitability
EBITDA (TTM)
434.956
Gross margin (TTM)
61.66%
Net profit margin (TTM)
35.22%
Operating margin (TTM)
41.05%
Effective tax rate (TTM)
16.34%
Revenue per employee (TTM)
$1,000,000
Management effectiveness
Return on assets (TTM)
10.15%
Return on equity (TTM)
23.14%
Valuation
Price to earnings (TTM)
19.237
Price to revenue (TTM)
6.754
Price to book
4.63
Price to tangible book (TTM)
6.71
Price to free cash flow (TTM)
41.214
Free cash flow yield (TTM)
2.43%
Free cash flow per share (TTM)
3.957
Dividend yield (TTM)
1.90%
Forward dividend yield
1.91%
Growth
Revenue change (TTM)
3.93%
Earnings per share change (TTM)
42.39%
3-year revenue growth (CAGR)
5.88%
10-year revenue growth (CAGR)
9.98%
3-year earnings per share growth (CAGR)
8.11%
10-year earnings per share growth (CAGR)
11.32%
3-year dividend per share growth (CAGR)
2.74%
10-year dividend per share growth (CAGR)
12.84%
What the Analysts think about MarketAxess
Analyst ratings (Buy, Hold, Sell) for MarketAxess stock.
Analyst projections of the future price of MarketAxess stock.
Bulls say / Bears say
Intercontinental Exchange agreed to acquire MarketAxess for $5.7 billion at $167 per share in cash, representing a 33% premium to its closing price, unlocking immediate value for shareholders (FT).
The merger will combine MarketAxess’s electronic fixed-income trading platform with ICE’s global technology, data, analytics, and post-trade compliance capabilities, creating an integrated fixed-income marketplace and strengthening its competitive moat (Reuters).
Client-initiated block trading average daily volume rose 11% to $5.9 billion in Q2 2026, with emerging markets block ADV up 24%, reflecting strong adoption of MarketAxess’s new block and Mid-X products (Nasdaq).
Total revenues of $218.4 million in Q2 2026 were flat versus $219.5 million a year earlier, indicating stagnation in top-line growth (Nasdaq).
Total commission revenue declined 3% year-over-year to $186.9 million in Q2 2026, driven by a 9% drop in U.S. credit commissions, underscoring sensitivity to U.S. credit market volumes (Nasdaq).
Total trading volume fell 12% year-over-year to $2.66 trillion in Q2 2026, signaling potential headwinds for fee generation amid lower market activity (Nasdaq).
Data summarised monthly by Lightyear AI. Last updated on 5 Sept 2026.
MarketAxess Financial Performance
Revenues and expenses
MarketAxess Earnings Performance
Company profitability
Upcoming events
No upcoming events
MarketAxess News
AllArticlesVideos
MKTX Stock Alert: Halper Sadeh LLC is Investigating Whether MarketAxess Holdings Inc. is Obtaining a Fair Price for its Shareholders
Business Wire6 days ago
Rise of Bond E-Trading Underpins NYSE Owner's $6 Billion MarketAxess Deal
WSJ1 month ago
Intercontinental Exchange to Buy MarketAxess in $6 Billion Deal
WSJ1 month ago
Funds containing MarketAxess
AllEURGBPUSD
Fund name | Fund size | $MKTX weighting |
|---|---|---|
VanEck Morningstar Wide Moat€GMVM | €407M | 2.89% |
VanEck Morningstar Wide Moat£MOGB | £354M | 2.89% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.23% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.23% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.12% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.