MarketAxess/$MKTX
1D1W1M3M6MYTD1Y5YMAX
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. 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
- 858
- Headquarters
- New York, United States
- Website
- www.marketaxess.com
MarketAxess Metrics
BasicAdvanced
$5.8B
20.18
$8.19
0.79
$3.10
1.89%
Price and volume
Market cap
$5.8B
Beta
0.79
52-week high
$195.97
52-week low
$108.75
Average daily volume
804K
Dividend rate
$3.10
Financial strength
Current ratio
6.68
Quick ratio
6.197
Long term debt to equity
0.047
Total debt to equity
0.119
Interest coverage (TTM)
50.13%
Profitability
EBITDA (TTM)
436.584
Gross margin (TTM)
61.10%
Net profit margin (TTM)
33.51%
Operating margin (TTM)
41.19%
Effective tax rate (TTM)
15.91%
Revenue per employee (TTM)
$1,020,000
Management effectiveness
Return on assets (TTM)
10.46%
Return on equity (TTM)
21.85%
Valuation
Price to earnings (TTM)
20.178
Price to revenue (TTM)
6.748
Price to book
4.57
Price to tangible book (TTM)
6.5
Dividend yield (TTM)
1.88%
Forward dividend yield
1.89%
Growth
Revenue change (TTM)
3.85%
Earnings per share change (TTM)
39.51%
3-year revenue growth (CAGR)
5.93%
10-year revenue growth (CAGR)
9.49%
3-year earnings per share growth (CAGR)
7.52%
10-year earnings per share growth (CAGR)
10.17%
3-year dividend per share growth (CAGR)
2.72%
10-year dividend per share growth (CAGR)
12.21%
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
Trading activity is growing: third-quarter average daily volume rose 13%, while block and portfolio trading volumes increased 21% and 37%. MarketAxess also reported market-share gains in high-yield and municipal bonds, suggesting newer trading channels are gaining traction. (MarketAxess)
Data and services offer a source of growth beyond transaction fees. Information Services revenue rose 10% in the third quarter, and an Arcesium integration is extending access to MarketAxess pricing and transaction data through clients’ existing workflows. (MarketAxess, Arcesium)
ICE’s agreed $167-a-share cash offer gives shareholders a defined exit value. US antitrust authorities ended the waiting period early in October, removing one hurdle to the deal. (MarketAxess)
Higher trading volumes are not translating into stronger credit commission revenue. Credit fees per million fell 9% in the third quarter, and US credit commission revenue declined 4%, reflecting weaker fee capture and product mix. (MarketAxess)
Recent financial growth has been modest and reported earnings fell: third-quarter revenue rose just 1%, while diluted EPS declined to $1.53 from $1.84 a year earlier. Total expenses increased 10%, partly reflecting notable items. (MarketAxess)
MarketAxess faces a tougher competitive position in US credit. Its reported US high-grade market share fell 90 basis points year on year in the third quarter, and Rothschild Redburn has cited competition and pricing pressure in downgrading the shares. (MarketAxess, Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
MarketAxess Financial Performance
Revenues and expenses
MarketAxess Earnings Performance
Company profitability
Upcoming events
MarketAxess News
AllArticlesVideos
MarketAxess Reports Third Quarter 2026 Financial Results
Business Wire1 week ago
MarketAxess Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MarketAxess Holdings Inc. - MKTX
Business Wire1 month ago
MKTX Stock Alert: Halper Sadeh LLC is Investigating Whether MarketAxess Holdings Inc. is Obtaining a Fair Price for its Shareholders
Business Wire2 months ago
Funds containing MarketAxess
AllUSDEURGBP
Fund name | Fund size | $MKTX weighting |
|---|---|---|
VanEck Morningstar Wide Moat$MOAT | $396M | 2.82% |
VanEck Morningstar Wide Moat€GMVM | $376M | 2.81% |
VanEck Morningstar Wide Moat£MOGB | $376M | 2.81% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.33% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.33% |
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.