Financial Services
MarketAxess Holdings Inc.(MKTX)
Live Price
Offline$120.33
+0.36% today
1Y Change
-46.27%
Window
Jun 25, 2025 โ Jun 17, 2026
- Market Cap
- $5.43B
- Revenue Growth
- +3.8%
- EPS Growth
- -8.6%
- Dividend Yield
- 2.0%
Coverage: 246 bars ยท Jun 25, 2025 โ Jun 17, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
MarketAxess Holdings Inc. (MKTX) is a Financial Services stock with a market cap of $5.43B and listed on NASDAQ. The stock last traded around $120.33 and down 46.3% across the available one-year price window (Jun 25, 2025 โ Jun 17, 2026). Baseline metrics include revenue growth of +3.8%, EPS growth of -8.6%, a dividend yield of 2.0%. What stands out right now is revenue +3.8%, EPS -8.6%, free cash flow -0.4% with operating margin 41.2% and ROIC 16.3%. The dividend is present but secondary, with a yield around 2.0%. Valuation sits in the middle of the pack at P/E 22.8 and price/sales 6.4. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines MKTX price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Near sector median
+3.8% vs +3.4% peer median
Operating Margin
Above sector median
+41.2% vs +4.7% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 6, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at +3.8% and EPS is at -8.6%, with operating margin around 41.2%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 2.0%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +2.9% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 6, 2026 | โ | +2.6% | -6.4% | -19.0% |
2026 Feb 6, 2026 | +1.8% | +5.5% | +10.5% | +14.0% |
2025 Nov 7, 2025 | +8.2% | +1.1% | +4.6% | -1.3% |
Benchmark Edge
MKTX vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
MKTX
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
MKTX Max Drawdown
-48.01%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for MKTX and SPY.
Company Overview
MarketAxess Holdings Inc.
NASDAQ Global Select
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
- Leadership
- Christopher Robert Concannon
- IPO Date
- Nov 5, 2004
- Employees
- 891
- Street Address
- 55 Hudson Yards
- Mailing
- New York City, NY, 10001
- Region
- New York City, NY, US
- Reporting Currency
- USD
- Investor Line
- 212 813 6000
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 22.8
- EV/EBITDA
- 11.5
- Price/Sales
- 6.4
- Price/Book
- 4.9
Growth
- Revenue
- +3.8%
- EPS
- -8.6%
- Free Cash Flow
- -0.4%
Profitability
- Gross Margin
- 69.9%
- Operating Margin
- 41.2%
- Net Margin
- 29.0%
- ROE
- 18.8%
- ROIC
- 16.3%
Balance Sheet
- Debt/Equity
- 0.25
- Current Ratio
- 1.84
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.