MKTX Marketaxess Holdings Inc

Price (delayed)

$349.08

Market cap

$13.27B

P/E Ratio

46.98

Dividend/share

$2.64

EPS

$7.43

Enterprise value

$12.88B

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 25% lower than the last 4 quarters average of 62.3 and 15% lower than the 5-year quarterly average of 55.4
The equity has increased by 18% YoY and by 3.3% from the previous quarter
Marketaxess Holdings's EPS has decreased by 3.5% from the previous quarter
The net income has declined by 3.4% since the previous quarter

Key stats

What are the main financial stats of MKTX
Market
Shares outstanding
38.03M
Market cap
$13.27B
Enterprise value
$12.88B
Valuations
Price to earnings (P/E)
46.98
Price to book (P/B)
12.57
Price to sales (P/S)
18.58
EV/EBIT
36.45
EV/EBITDA
31.45
EV/Sales
18.27
Earnings
Revenue
$705.24M
EBIT
$353.41M
EBITDA
$409.59M
Free cash flow
$313.3M
Per share
EPS
$7.43
Free cash flow per share
$8.35
Book value per share
$27.77
Revenue per share
$18.79
TBVPS
$35.63
Balance sheet
Total assets
$1.61B
Total liabilities
$556.62M
Debt
$89.96M
Equity
$1.06B
Working capital
N/A
Liquidity
Debt to equity
0.09
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.96
Margins
EBITDA margin
58.1%
Gross margin
100%
Net margin
39.5%
Operating margin
50.5%
Efficiency
Return on assets
18.5%
Return on equity
27.7%
Return on invested capital
40.8%
Return on capital employed
N/A
Return on sales
50.1%
Dividend
Dividend yield
0.76%
DPS
$2.64
Payout ratio
35.5%

MKTX stock price

How has the Marketaxess Holdings stock price performed over time
Intraday
-0.57%
1 week
-3.17%
1 month
-13.71%
1 year
-37.17%
YTD
-38.82%
QTD
-17.02%

Financial performance

How have Marketaxess Holdings's revenue and profit performed over time
Revenue
$705.24M
Gross profit
$705.24M
Operating income
$356.35M
Net income
$278.63M
Gross margin
100%
Net margin
39.5%
The revenue is up by 9% year-on-year
The gross profit has grown by 9% YoY
MKTX's net margin is down by 7% year-on-year and by 3.2% since the previous quarter
The company's operating margin fell by 4.9% YoY and by 3.4% QoQ

Growth

What is Marketaxess Holdings's growth rate over time

Valuation

What is Marketaxess Holdings stock price valuation
P/E
46.98
P/B
12.57
P/S
18.58
EV/EBIT
36.45
EV/EBITDA
31.45
EV/Sales
18.27
The price to earnings (P/E) is 25% lower than the last 4 quarters average of 62.3 and 15% lower than the 5-year quarterly average of 55.4
Marketaxess Holdings's EPS has decreased by 3.5% from the previous quarter
The stock's P/B is 32% below its last 4 quarters average of 18.6 and 23% below its 5-year quarterly average of 16.3
The equity has increased by 18% YoY and by 3.3% from the previous quarter
The stock's price to sales (P/S) is 29% less than its last 4 quarters average of 26.0 and 16% less than its 5-year quarterly average of 22.1
The revenue is up by 9% year-on-year

Efficiency

How efficient is Marketaxess Holdings business performance
The company's return on invested capital fell by 30% YoY and by 9% QoQ
The ROA has contracted by 30% YoY and by 9% from the previous quarter
MKTX's ROE is down by 17% YoY and by 7% from the previous quarter
Marketaxess Holdings's ROS has decreased by 7% YoY and by 3.7% from the previous quarter

Dividends

What is MKTX's dividend history
DPS
$2.64
Dividend yield
0.76%
Payout ratio
35.5%
Recent dividends

Financial health

How did Marketaxess Holdings financials performed over time
The total assets is 190% greater than the total liabilities
The company's total liabilities has surged by 60% YoY and by 8% QoQ
The total assets has increased by 29% year-on-year and by 4.8% since the previous quarter
MKTX's debt is 91% smaller than its equity
The equity has increased by 18% YoY and by 3.3% from the previous quarter
Marketaxess Holdings's debt to equity has decreased by 10% YoY

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