← MARKETAXESS HOLDINGS INC MKTX
Market Price
$162.60
Market Cap
$5.78B
P/E Ratio
24.49
Revenue (FY 2025)
↑3.6% YoY
$846.27M
3-Yr CAGR: 5.6%
Net Income
↓-10.0% YoY
$246.63M
Net Margin: 29.1%
Free Cash Flow
↓-0.4% YoY
$373.94M
FCF Yield: 6.47%
EPS (Diluted)
↓-8.8% YoY
$6.64
Basic: $6.66
Return on Equity
Efficiency
21.5%
ROA: 222.9%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (MKTX)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $369.9M | — | $205.6M | $126.2M | — | $3.34 | — | $80.3M | $73.9M | — |
| FY 2017 | $397.5M | +7.4% | $212.2M | $148.1M | +17.4% | $3.89 | +16.5% | $168.0M | $155.9M | +111.0% |
| FY 2018 | $435.6M | +9.6% | $223.9M | $172.9M | +16.7% | $4.57 | +17.5% | $223.9M | $188.0M | +20.6% |
| FY 2019 | $511.4M | +17.4% | $266.6M | $204.9M | +18.5% | $5.40 | +18.2% | $265.9M | $253.6M | +34.9% |
| FY 2020 | $689.1M | +34.8% | $688.0M | $299.4M | +46.1% | $7.85 | +45.4% | $404.5M | $389.5M | +53.6% |
| FY 2021 | $699.0M | +1.4% | $698.1M | $257.9M | -13.9% | $6.77 | -13.8% | $282.1M | $264.6M | -32.1% |
| FY 2022 | $718.3M | +2.8% | $717.6M | $250.2M | -3.0% | $6.65 | -1.8% | $289.2M | $276.1M | +4.3% |
| FY 2023 | $752.5M | +4.8% | $750.6M | $258.1M | +3.1% | $6.85 | +3.0% | $333.8M | $324.4M | +17.5% |
| FY 2024 | $817.1M | +8.6% | $815.5M | $274.2M | +6.2% | $7.28 | +6.3% | $385.2M | $375.3M | +15.7% |
| FY 2025 | $846.3M | +3.6% | $844.8M | $246.6M | -10.0% | $6.64 | -8.8% | $382.1M | $373.9M | -0.4% |
Valuation
Market Price
$162.60
Market Cap
$5.78B
Enterprise Value
N/A
P/E Ratio
24.49
P/B Ratio
5.04
FCF Yield
6.47%
Dividend Yield
1.87%
Shares Outstanding
Profitability & Margins
Gross Margin
99.82%
Operating Margin
40.39%
Net Margin
29.14%
Return on Equity (ROE)
21.53%
Return on Assets (ROA)
222.93%
Asset Turnover
7.65x
Revenue 3-Yr CAGR
5.62%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$519.73M
Total Debt
N/A
Book Value / Share
$32.24
Cash Flow Efficiency
Operating Cash Flow
$382.14M
Capital Expenditures (CapEx)
$8.20M
Free Cash Flow
$373.94M
OCF / Revenue
45.16%
FCF / Revenue
44.19%
FCF 3-Yr CAGR
10.64%
Per Share Metrics
EPS (Diluted)
$6.64
EPS (Basic)
$6.66
Dividends / Share
$3.04
Book Value / Share
$32.24
EPS YoY Growth
-8.79%
Balance Sheet (FY 2025)
Total Assets
$110.63M
Total Liabilities
$776.63M
Stockholders' Equity
$1.15B
Current Assets
N/A
Current Liabilities
N/A