MKTX Marketaxess Holdings Inc

Price (delayed)

$509.67

Market cap

$19.35B

P/E Ratio

68.6

Dividend/share

$2.4

EPS

$7.43

Enterprise value

$19.08B

Sector: Financial Services
Industry: Capital Markets

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 net income is up by 38% year-on-year and by 5% since the previous quarter
Marketaxess Holdings's EPS has increased by 37% YoY and by 4.9% from the previous quarter
The price to earnings (P/E) is 30% higher than the 5-year quarterly average of 52.9 and 6% higher than the last 4 quarters average of 64.6

Key stats

What are the main financial stats of MKTX
Market
Shares outstanding
37.96M
Market cap
$19.35B
Enterprise value
$19.08B
Valuations
Price to earnings (P/E)
68.6
Price to book (P/B)
21.56
Price to sales (P/S)
29.43
EV/EBIT
54.98
EV/EBITDA
49.33
EV/Sales
29.47
Earnings
Revenue
$647.55M
EBIT
$347.07M
EBITDA
$386.84M
Free cash flow
$219.71M
Per share
EPS
$7.43
Free cash flow per share
$5.88
Book value per share
$23.64
Revenue per share
$17.32
TBVPS
$27.8
Balance sheet
Total assets
$1.25B
Total liabilities
$347.97M
Debt
$93.71M
Equity
$897.54M
Working capital
N/A
Liquidity
Debt to equity
0.1
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.69
Margins
EBITDA margin
59.7%
Gross margin
100%
Net margin
42.7%
Operating margin
53.1%
Efficiency
Return on assets
26.3%
Return on equity
33.3%
Return on invested capital
58.6%
Return on capital employed
N/A
Return on sales
53.6%
Dividend
Dividend yield
0.47%
DPS
$2.4
Payout ratio
32.3%

MKTX stock price

How has the Marketaxess Holdings stock price performed over time
Intraday
-0.87%
1 week
-2.55%
1 month
-13.66%
1 year
37.6%
YTD
-10.67%
QTD
-10.67%

Financial performance

How have Marketaxess Holdings's revenue and profit performed over time
Revenue
$647.55M
Gross profit
$647.55M
Operating income
$343.88M
Net income
$276.72M
Gross margin
100%
Net margin
42.7%
MKTX's operating income is up by 41% year-on-year and by 7% since the previous quarter
The net income is up by 38% year-on-year and by 5% since the previous quarter
The gross profit has grown by 31% YoY and by 5% from the previous quarter
The revenue is up by 31% year-on-year and by 5% since the previous quarter

Growth

What is Marketaxess Holdings's growth rate over time

Valuation

What is Marketaxess Holdings stock price valuation
P/E
68.6
P/B
21.56
P/S
29.43
EV/EBIT
54.98
EV/EBITDA
49.33
EV/Sales
29.47
Marketaxess Holdings's EPS has increased by 37% YoY and by 4.9% from the previous quarter
The price to earnings (P/E) is 30% higher than the 5-year quarterly average of 52.9 and 6% higher than the last 4 quarters average of 64.6
The stock's P/B is 42% above its 5-year quarterly average of 15.2 and 12% above its last 4 quarters average of 19.3
The equity has increased by 29% YoY and by 5% from the previous quarter
The stock's price to sales (P/S) is 45% more than its 5-year quarterly average of 20.3 and 9% more than its last 4 quarters average of 27.0
The revenue is up by 31% year-on-year and by 5% since the previous quarter

Efficiency

How efficient is Marketaxess Holdings business performance
The company's return on invested capital rose by 19% YoY but it fell by 2.7% QoQ
MKTX's ROE is up by 8% YoY
Marketaxess Holdings's ROS has increased by 5% YoY
The ROA has contracted by 4.4% from the previous quarter but it has grown by 2.7% YoY

Dividends

What is MKTX's dividend history
DPS
$2.4
Dividend yield
0.47%
Payout ratio
32.3%
Recent dividends

Financial health

How did Marketaxess Holdings financials performed over time
The company's total liabilities has surged by 117% YoY and by 87% QoQ
The total assets has increased by 46% year-on-year and by 20% since the previous quarter
MKTX's debt is 90% smaller than its equity
The equity has increased by 29% YoY and by 5% from the previous quarter
Marketaxess Holdings's debt to equity has decreased by 23% YoY and by 9% from the previous quarter

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