MKTX Marketaxess Holdings Inc

Price (delayed)

$279.28

Market cap

$10.52B

P/E Ratio

40.48

Dividend/share

$2.84

EPS

$6.9

Enterprise value

$10.22B

MarketAxess Holdings Inc. is an international financial technology company that operates an electronic trading platform for the institutional credit markets, and also provides market data and post-trade services. It enables ...

Highlights
The price to earnings (P/E) is 27% lower than the 5-year quarterly average of 55.1 and 6% lower than the last 4 quarters average of 43.1
The equity has increased by 10% YoY and by 3.7% from the previous quarter

Key stats

What are the main financial stats of MKTX
Market
Shares outstanding
37.67M
Market cap
$10.52B
Enterprise value
$10.22B
Valuations
Price to book (P/B)
9.37
Price to sales (P/S)
14.23
EV/EBIT
29.47
EV/EBITDA
24.62
EV/Sales
13.89
Earnings
Revenue
$735.41M
EBIT
$346.72M
EBITDA
$414.93M
Free cash flow
$268.53M
Per share
EPS
$6.9
Free cash flow per share
$7.17
Book value per share
$29.82
Revenue per share
$19.62
TBVPS
$36.8
Balance sheet
Total assets
$1.63B
Total liabilities
$506.93M
Debt
$81.32M
Equity
$1.12B
Working capital
N/A
Liquidity
Debt to equity
0.07
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.73
Margins
EBITDA margin
56.4%
Gross margin
100%
Net margin
35.2%
Operating margin
45.4%
Efficiency
Return on assets
16.3%
Return on equity
24.5%
Return on invested capital
33.8%
Return on capital employed
N/A
Return on sales
47.1%
Dividend
Dividend yield
1.02%
DPS
$2.84
Payout ratio
41.2%

MKTX stock price

How has the Marketaxess Holdings stock price performed over time
Intraday
1.69%
1 week
-1.87%
1 month
-10.07%
1 year
-1.01%
YTD
0.14%
QTD
-28.63%

Financial performance

How have Marketaxess Holdings's revenue and profit performed over time
Revenue
$735.41M
Gross profit
$735.41M
Operating income
$334.13M
Net income
$259.08M
Gross margin
100%
Net margin
35.2%
The revenue is up by 7% year-on-year and by 2.4% since the previous quarter
The gross profit has grown by 7% YoY and by 2.4% from the previous quarter
The net income is up by 7% year-on-year and by 3.5% since the previous quarter
MKTX's operating income is up by 3.8% year-on-year and by 2.2% since the previous quarter

Growth

What is Marketaxess Holdings's growth rate over time

Valuation

What is Marketaxess Holdings stock price valuation
P/E
40.48
P/B
9.37
P/S
14.23
EV/EBIT
29.47
EV/EBITDA
24.62
EV/Sales
13.89
The price to earnings (P/E) is 27% lower than the 5-year quarterly average of 55.1 and 6% lower than the last 4 quarters average of 43.1
Marketaxess Holdings's EPS has increased by 7% YoY and by 3.3% from the previous quarter
The stock's P/B is 39% below its 5-year quarterly average of 15.4 and 8% below its last 4 quarters average of 10.2
The equity has increased by 10% YoY and by 3.7% from the previous quarter
The stock's price to sales (P/S) is 34% less than its 5-year quarterly average of 21.7 and 5% less than its last 4 quarters average of 15.0
The revenue is up by 7% year-on-year and by 2.4% since the previous quarter

Efficiency

How efficient is Marketaxess Holdings business performance
The ROA has grown by 7% YoY and by 5% from the previous quarter
MKTX's ROE is up by 4.7% YoY
The company's return on invested capital rose by 3% QoQ but it fell by 2.3% YoY

Dividends

What is MKTX's dividend history
DPS
$2.84
Dividend yield
1.02%
Payout ratio
41.2%
Recent dividends

Financial health

How did Marketaxess Holdings financials performed over time
The company's total liabilities fell by 26% YoY and by 3.8% QoQ
The total assets has declined by 4.6% year-on-year
MKTX's debt is 93% smaller than its equity
Marketaxess Holdings's debt to equity has decreased by 13% from the previous quarter and by 13% YoY
The equity has increased by 10% YoY and by 3.7% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.