MKTX Marketaxess Holdings Inc

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

Price (delayed)

$270.86

Market cap

$10.2B

P/E Ratio

42.06

Dividend/share

$2.76

EPS

$6.44

Enterprise value

$9.94B

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 5-year quarterly average of 55.8 and 19% lower than the last 4 quarters average of 52.2
MKTX's debt is down by 6% year-on-year
The net income has declined by 16% year-on-year
Marketaxess Holdings's EPS has decreased by 16% YoY
Sector: Financial Services
Industry: Capital Markets
Website: https://www.marketaxess.com/
Peers: GHL OPY SF LAZ

Key stats

What are the main financial stats of MKTX
Market
Shares outstanding
37.64M
Market cap
$10.2B
Enterprise value
$9.94B
Valuations
Price to earnings (P/E)
42.06
Price to book (P/B)
10.21
Price to sales (P/S)
14.62
EV/EBIT
30.39
EV/EBITDA
25.33
EV/Sales
14.29
Earnings
Revenue
$695.44M
EBIT
$327.06M
EBITDA
$392.47M
Free cash flow
$232.84M
Per share
EPS
$6.44
Free cash flow per share
$6.2
Book value per share
$26.52
Revenue per share
$18.53
TBVPS
$34.83
Balance sheet
Total assets
$1.57B
Total liabilities
$566.91M
Debt
$85.56M
Equity
$1B
Working capital
N/A
Liquidity
Debt to equity
0.09
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.65
Margins
EBITDA margin
56.4%
Gross margin
100%
Net margin
34.8%
Operating margin
45.9%
Efficiency
Return on assets
15.1%
Return on equity
23.5%
Return on invested capital
33.5%
Return on capital employed
N/A
Return on sales
47%
Dividend
Dividend yield
1.02%
DPS
$2.76
Payout ratio
42.9%

MKTX stock price

How has the Marketaxess Holdings stock price performed over time
Intraday
1.83%
1 week
2.51%
1 month
5.53%
1 year
-41.54%
YTD
-34.14%
QTD
5.8%

Financial performance

How have Marketaxess Holdings's revenue and profit performed over time
Revenue
$695.44M
Gross profit
$695.44M
Operating income
$319.48M
Net income
$241.83M
Gross margin
100%
Net margin
34.8%
The net income has declined by 16% year-on-year
MKTX's net margin is down by 15% year-on-year
MKTX's operating income is down by 14% year-on-year
The company's operating margin fell by 12% YoY

Growth

What is Marketaxess Holdings's growth rate over time

Valuation

What is Marketaxess Holdings stock price valuation
P/E
42.06
P/B
10.21
P/S
14.62
EV/EBIT
30.39
EV/EBITDA
25.33
EV/Sales
14.29
The price to earnings (P/E) is 25% lower than the 5-year quarterly average of 55.8 and 19% lower than the last 4 quarters average of 52.2
Marketaxess Holdings's EPS has decreased by 16% YoY
The stock's P/B is 36% below its 5-year quarterly average of 16.0 and 22% below its last 4 quarters average of 13.1
The equity has decreased by 2.2% from the previous quarter and by 2.1% YoY
The stock's price to sales (P/S) is 34% less than its 5-year quarterly average of 22.2 and 24% less than its last 4 quarters average of 19.2

Efficiency

How efficient is Marketaxess Holdings business performance
The ROA has contracted by 26% YoY
The company's return on invested capital fell by 25% YoY and by 3.2% QoQ
MKTX's ROE is down by 21% YoY
Marketaxess Holdings's ROS has decreased by 10% YoY

Dividends

What is MKTX's dividend history
Dividend details
DPS
$2.76
Dividend yield
1.02%
Payout ratio
42.9%
Recent dividends

Financial health

How did Marketaxess Holdings financials performed over time
The total assets is 177% greater than the total liabilities
The company's total liabilities fell by 17% QoQ but it rose by 10% YoY
The total assets has declined by 8% since the previous quarter
MKTX's debt is 91% smaller than its equity
Marketaxess Holdings's debt to equity has increased by 13% from the previous quarter
MKTX's debt is down by 6% year-on-year

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