MarketAxess Holdings, Inc.

As of June 30, 2026, MarketAxess Holdings Inc. carries a market capitalization of 3.36B, placing it among publicly traded companies globally. Its enterprise value stands at 3.31B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

MarketAxess Holdings Inc.'s next confirmed earnings release is scheduled for October 22, 2026.

As of June 30, 2026, MarketAxess Holdings Inc. has 35.19M shares outstanding.

As of June 30, 2026, MarketAxess Holdings Inc. trades at a trailing price-to-earnings ratio of 12.81. The price-to-sales ratio is 4.51, and the price-to-book ratio stands at 3.10.

As of June 30, 2026, MarketAxess Holdings Inc. trades at an EV/EBITDA multiple of 8.64 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.35 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 10.73 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. MarketAxess Holdings Inc. trades at an EV/FCF ratio of 18.98, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 3.31B versus a market cap of 3.36B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, MarketAxess Holdings Inc. maintains a current ratio of 1.76, meaning it holds 1.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 14.27, indicating elevated leverage, while an interest coverage ratio of 74.42 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2026, MarketAxess Holdings Inc. posted a return on equity (ROE) of 23.34, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 19.44 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 13.94, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 21.40, useful for judging operating efficiency across full business cycles. The company generates approximately 871,568.39 in revenue per employee across its workforce of 873.75, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, MarketAxess Holdings Inc. recorded 52.50M in income tax expense. That works out to an effective tax rate of 16.34, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 321.30M, leaving 268.19M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, MarketAxess Holdings Inc.'s stock has declined approximately 2.11% over the past 52 weeks. The 50-day moving average sits at 121.98, while the 200-day moving average is 133.17.

Over the twelve months ended June 30, 2026, MarketAxess Holdings Inc. generated 761.53M in revenue and converted that into 268.19M in net income, yielding earnings per share of 7.45. EBITDA reached 383.36M, while operating income came in at 308.45M.

As of June 30, 2026, MarketAxess Holdings Inc. holds 215.14M in cash and equivalents against 156.60M in total debt, resulting in a net debt position of -113.68M. Total book value stands at 1.08B, with working capital of 625.16M providing operational flexibility.

MarketAxess Holdings Inc. produced 175.30M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -5.23M in capital expenditures, free cash flow totaled 170.07M - equivalent to 4.72 per share.

Over the twelve months ended June 30, 2026, MarketAxess Holdings Inc. posted a gross margin of 59.40, reflecting its pricing power and cost economics. The operating margin of 40.50 and net profit margin of 35.22 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, MarketAxess Holdings Inc. paid dividends of 2.75 per share. The dividend payout ratio of 36.84 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 4.94, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 9.45, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to MarketAxess Holdings Inc. shareholders.

As of June 30, 2026, MarketAxess Holdings Inc. has an Altman Z-Score of 4.51, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.