MKTX Marketaxess Holdings Inc

  1. Stocks
  2. Financial Services
  3. NASDAQ: MKTX

Price (delayed)

$225.63

Market cap

$8.55B

P/E Ratio

33.04

Dividend/share

$2.92

EPS

$6.83

Enterprise value

$8.21B

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 39% lower than the 5-year quarterly average of 52.6 and 11% lower than the last 4 quarters average of 36.5
The equity has increased by 18% YoY
Sector: Financial Services
Industry: Capital Markets
Website: https://www.marketaxess.com/
Peers: OPY SF EVR LAZ

Key stats

What are the main financial stats of MKTX
Market
Shares outstanding
37.9M
Market cap
$8.55B
Enterprise value
$8.21B
Valuations
Price to earnings (P/E)
33.04
Price to book (P/B)
6.48
Price to sales (P/S)
11.21
EV/EBIT
24.62
EV/EBITDA
19.93
EV/Sales
10.8
Earnings
Revenue
$759.7M
EBIT
$333.39M
EBITDA
$411.77M
Free cash flow
$264.59M
Per share
EPS
$6.83
Free cash flow per share
$7.01
Book value per share
$34.81
Revenue per share
$20.13
TBVPS
$41.78
Balance sheet
Total assets
$1.93B
Total liabilities
$608.73M
Debt
$78.07M
Equity
$1.32B
Working capital
N/A
Liquidity
Debt to equity
0.06
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.84
Margins
EBITDA margin
54.2%
Gross margin
100%
Net margin
33.8%
Operating margin
41.1%
Efficiency
Return on assets
14.1%
Return on equity
20.7%
Return on invested capital
29.1%
Return on capital employed
N/A
Return on sales
43.9%
Dividend
Dividend yield
1.29%
DPS
$2.92
Payout ratio
42.8%

MKTX stock price

How has the Marketaxess Holdings stock price performed over time
Intraday
2.16%
1 week
2.95%
1 month
15.06%
1 year
-17.77%
YTD
-22.95%
QTD
12.52%

Financial performance

How have Marketaxess Holdings's revenue and profit performed over time
Revenue
$759.7M
Gross profit
$759.7M
Operating income
$312.16M
Net income
$257.04M
Gross margin
100%
Net margin
33.8%
The company's operating margin fell by 9% YoY
MKTX's operating income is down by 7% year-on-year
MKTX's net margin is down by 4% year-on-year
The gross profit has grown by 3.3% YoY

Growth

What is Marketaxess Holdings's growth rate over time

Valuation

What is Marketaxess Holdings stock price valuation
MKTX P/E details
P/E
33.04
P/B
6.48
P/S
11.21
EV/EBIT
24.62
EV/EBITDA
19.93
EV/Sales
10.8
The price to earnings (P/E) is 39% lower than the 5-year quarterly average of 52.6 and 11% lower than the last 4 quarters average of 36.5
The stock's P/B is 55% below its 5-year quarterly average of 14.1 and 15% below its last 4 quarters average of 7.5
The equity has increased by 18% YoY
The stock's price to sales (P/S) is 46% less than its 5-year quarterly average of 20.4 and 12% less than its last 4 quarters average of 12.4
The revenue is up by 3.3% year-on-year

Efficiency

How efficient is Marketaxess Holdings business performance
MKTX's ROE is down by 16% YoY and by 4.2% from the previous quarter
The company's return on invested capital fell by 14% YoY and by 3.6% QoQ
The ROA has contracted by 13% YoY and by 4.1% from the previous quarter
Marketaxess Holdings's ROS has decreased by 7% YoY

Dividends

What is MKTX's dividend history
Dividend details
DPS
$2.92
Dividend yield
1.29%
Payout ratio
42.8%
Recent dividends

Financial health

How did Marketaxess Holdings financials performed over time
The company's total liabilities rose by 20% YoY but it fell by 16% QoQ
The total assets has increased by 18% year-on-year but it has declined by 4.4% since the previous quarter
MKTX's debt is 94% smaller than its equity
The equity has increased by 18% YoY
Marketaxess Holdings's debt to equity has decreased by 14% YoY

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