MarketAxess Holdings, Inc. (MKTX) Stock

About MarketAxess Holdings, Inc.

MarketAxess Holdings, Inc. (MKTX) stock trades at $164.67 with a market capitalization of $5.80B. The stock is valued at a price-to-earnings (P/E) ratio of 19.33, price-to-book of 4.66, price-to-sales of 6.64. Over the past 52 weeks the stock has ranged between $108.75 and $195.97, and currently trades 16.0% below its 52-week high. It pays a dividend yielding 1.90%.

On profitability, MarketAxess Holdings, Inc. generates a return on equity (ROE) of 24.74%, above the typical market range of roughly 12-15%, return on capital employed of 23.82%, an operating margin of 41.22%, a net profit margin of 35.23%.

MarketAxess Holdings, Inc. by the numbers, 2016–2025

Between 2016 and 2025 MarketAxess Holdings, Inc. reported revenue of $370.0M rising to $849.0M, a change of +129.5% across 10 years. Compounded, revenue has grown 4.3% a year over five years, 5.7% over three, 3.8% over the last twelve months. Net profit rose to $247.0M.

Operating margin went from 51.8% in 2016 to 41.2% in 2025, a fall of 10.6 percentage points. The most recent net margin is 35.23%. On a trailing twelve-month basis to Jun '26, revenue is $869.0M and net profit $306.0M.

Borrowings rose from $11.0M to $285.0M, cash from operations was $382.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 21.8% over five years, and was 21.6% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

MarketAxess Holdings, Inc. (MKTX) — frequently asked questions