MARKETAXESS HOLDINGS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $369.9m $397.5m $435.6m $511.4m $689.1m $699.0m $718.3m $752.5m $817.1m $846.3m
Operating Expenses $178.3m $195.7m $223.0m $260.5m $314.4m $361.7m $391.4m $437.5m $476.2m $504.4m
Operating Income (Loss) $190.0m $199.6m $212.6m $250.9m $374.7m $337.2m $326.9m $315.0m $340.9m $341.8m
Additional Financial Items
Amortization of Intangible Assets $700k $400k $400k $800k $3.9m $13.4m $16.4m $18.6m $19.8m $19.9m
Foreign Currency Transaction Gain (Loss), before Tax ($4.7m) ($1.3m) ($3.6m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic $161.9m $165.2m $168.5m $190.4m $288.3m $234.6m $236.4m $228.8m $235.8m $235.8m
Income (Loss) from Equity Method Investments $1.1m $735k $1.4m $457k
Interest and Other Income $26.0m $24.4m
Other Income $4.2m $1.7m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $191.6m $201.8m $218.1m $257.4m $374.4m $333.9m $338.3m $332.7m $360.5m $367.0m
Net Investment Income $2.1m $3.6m
Net Income (Loss) Attributable to Parent $126.2m $148.1m $172.9m $204.9m $299.4m $257.9m $250.2m $258.1m $274.2m $246.6m
Net Income (Loss) Attributable to Noncontrolling Interest $0 $0 $285k
Earnings Per Share, Basic $3.42 $4.02 $4.68 $5.53 $8.01 $6.88 $6.68 $6.87 $7.29 $6.66
Earnings Per Share, Diluted $3.34 $3.89 $4.57 $5.40 $7.85 $6.77 $6.65 $6.85 $7.28 $6.64
Common Stock, Dividends, Per Share, Declared $1.04 $1.32 $1.68 $2.04 $2.40 $2.64 $2.80 $2.88 $2.96 $3.04
Weighted Average Number of Shares Outstanding, Basic 36.8m 36.9m 37.0m 37.1m 37.4m 37.5m 37.5m 37.5m 37.6m 37.1m
Weighted Average Number of Shares Outstanding, Diluted 37.7m 38.0m 37.9m 38.0m 38.1m 38.1m 37.6m 37.7m 37.7m 37.1m
Labor and Related Expense $96.8m $102.8m $109.1m $131.1m $156.9m $170.9m $182.1m $206.9m $235.9m $248.5m
General and Administrative Expense $15.6m $12.6m $11.4m $15.7m $12.7m $14.5m $19.2m $23.0m $22.7m $26.6m
Other Nonoperating Income (Expense) ($610k) ($1.5m) ($1.7m) ($2.9m) $5.9m ($3.5m) ($6.2m) $1.8m
Interest Expense (non-operating) $1.6m $1.5m
Current Income Tax Expense (Benefit) $58.7m $47.1m $46.4m $49.8m $64.9m $72.9m $94.6m $80.5m $90.2m $98.1m
Interest Expense $1.1m $842k $700k $2.0m $1.6m $1.5m
Interest Expense, Debt $100k $0 $100k
Marketing and Advertising Expense $8.9m $9.8m $12.1m $11.6m $7.9m $9.1m $10.0m $11.0m $11.7m $11.2m
Nonoperating Income (Expense) $5.5m $6.5m ($369k) ($3.3m) $11.4m $17.7m $19.7m $25.2m
Income Tax Expense (Benefit) $65.4m $53.7m $45.2m $52.5m $75.0m $76.0m $88.1m $74.6m $86.4m $120.1m