MKTX - NASDAQ

MarketAxess Holdings Inc.

MKTX·NASDAQ

$122.98

-4.9%

Financial ServicesFinancial - Capital Markets

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.37B

EPS6.6600

P/E Ratio18.47

Earnings Date07/22/2026

1.81B

Assets

3Y+12.0%

5Y+36.0%

10Y+243.0%

650.35M

Total Liabilities

62%

3Y+23.0%

5Y+73.0%

10Y+983.0%

1.16B

Total Equity

-17%

3Y+7.0%

5Y+21.0%

10Y+288.0%

MarketAxess Holdings Inc. Funding & Solvency Profile

MKTX · NASDAQ

Current Assets

Cash & Cash Equivalents519.73M

Net Receivables463.92M

Inventory0.00

Other Current Assets0.00

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment112.43M

Goodwill & Intangible Assets394.30M

Long-Term Investments170.68M

Other Non-Current Assets51.85M

Total Non-Current Assets335 M

Total Assets

1.81B

Financial Health Analysis

Current Ratio

1.84x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

0.56x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

494 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

60% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

MarketAxess Holdings Inc. Balance Sheet

MKTX • NASDAQ

MarketAxess Holdings Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	519.7M	544.5M	451.3M	430.7M	506.7M	460.9M	270.1M	246.3M	167M	168.2M	199.7M	168.9M	132.7M	128.9M	169.6M	125M	103.3M	107.3M	72.7M	82M
Short-Term Investments	48.7M	104.8M	71M	34M	11.2M	18.3M	120.9M	0.0	0.0	0.0	84.7M	64.9M	67.7M	51.2M	78.1M	4.9M	71M	35.2M	56M	52.8M
Cash & Short-Term Investments	568.5M	649.3M	522.2M	464.7M	517.9M	479.1M	391M	246.3M	167M	168.2M	284.4M	233.8M	200.4M	180.1M	247.7M	129.9M	174.3M	142.6M	128.7M	134.8M
Net Receivables	463.9M	341.9M	662.6M	465.9M	403.7M	359.5M	62M	57.5M	52.6M	50.7M	40.5M	33.8M	34.2M	31M	36.2M	25.7M	23.2M	13.3M	18.4M	17.4M
Accounts Receivables	101M	91.8M	89.8M	78.5M	63.9M	79.6M	62M	57.5M	52.6M	50.7M	40.5M	33.8M	34.2M	31M	36.2M	25.7M	23.2M	13.3M	18.4M	17.4M
Other Receivables	362.9M	250.1M	572.8M	387.4M	339.8M	279.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-22.5M	-18.7M	-11.6M	-9.9M	-6.7M	-10.6M	-8.1M	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	47M	107.7M	115.2M	88.9M	68.6M	29M	31.3M	22.5M	17.5M	10.5M	9.5M	6.7M	10.6M	8.1M	8.5M	0.0	0.0	0.0	1.9M	2M
Other Current Assets	0.0	47.1M	45.1M	50.9M	50.2M	21M	-31.3M	5.2M	4.4M	2.4M	354K	0.0	0.0	0.0	0.0	0.0	5M	4.3M	2.5M	41.1M
Total Current Assets	1.1B	1.1B	1.3B	1.1B	1B	888.7M	453M	303.9M	219.7M	218.9M	324.9M	267.6M	234.6M	211.2M	283.9M	228.2M	202.5M	160.1M	195M	193.4M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	112.4M	165.4M	165.7M	166.4M	167M	161.1M	153.2M	63M	38.5M	31.1M	30.9M	32.2M	32.7M	18M	14.5M	9.4M	6.9M	3.4M	2.9M	4.3M
Goodwill	283.7M	236.7M	236.7M	154.8M	154.8M	147.4M	146.9M	59.7M	59.7M	59.7M	59.7M	59.7M	59.7M	31.8M	0.0	31.8M	0.0	0.0	0.0	0.0
Intangible Assets	110.6M	98.1M	119.1M	98.1M	116.4M	95.4M	61M	3M	3.3M	3.7M	4.4M	6.7M	9M	1.4M	36.2M	7.3M	41M	44.1M	9.1M	6.6M
Goodwill & Intangible Assets	394.3M	334.8M	355.8M	252.9M	271.2M	242.7M	207.8M	62.7M	63.1M	63.4M	64.1M	66.4M	68.7M	33.1M	34.5M	39.1M	41M	44.1M	9.1M	6.6M
Long-Term Investments	170.7M	60.5M	63.9M	49.8M	24.9M	9.8M	109.6M	240.1M	239.5M	194.4M	-104.3M	-105.6M	-106.3M	-60.6M	-34.5M	0.0	0.0	-721K	51.6M	49M
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	501K	3.4M	1.7M	8.6M	9.2M	7M	4.9M	9.4M	8.1M	19.8M	24M	36.4M	37.2M	38.9M
Other Non-Current Assets	51.9M	82.6M	84.5M	68.3M	27.1M	29M	30.8M	22.5M	18.7M	11.6M	114.1M	112.3M	117M	68.7M	43M	3M	3M	3.2M	-97.5M	-87.9M
Total Non-Current Assets	729.3M	643.3M	669.9M	537.3M	490.1M	442.7M	501.9M	391.7M	361.6M	309.1M	114.1M	112.3M	117M	68.7M	65.6M	71.4M	74.8M	86.3M	3.4M	10.9M
Total Assets	1.8B	1.8B	2B	1.6B	1.5B	1.3B	954.9M	695.5M	581.2M	528M	439M	379.9M	351.6M	279.8M	349.5M	299.5M	277.3M	246.4M	198.4M	204.3M
LIABILITIES
CURRENT LIABILITIES
Total Payables	248.9M	259.8M	582.3M	387.7M	341M	220.4M	39.5M	45.8M	27.3M	22.7M	16.7M	17.9M	16.8M	12.3M	12.3M	12.4M	11.1M	8.9M	8.8M	5.5M
Accounts Payable	199.7M	37.3M	37M	55.3M	71.2M	44.4M	22.8M	29.4M	14.2M	15.1M	12.3M	12M	12.9M	12.3M	12.3M	0.0	0.0	0.0	0.0	5.5M
Other Payables	49.3M	222.5M	545.3M	332.4M	269.8M	176.1M	16.7M	-29.4M	-14.2M	-15.1M	-12.3M	-12M	-12.9M	0.0	0.0	12.4M	11.1M	8.9M	8.8M	0.0
Accrued Expenses	116.5M	0.0	0.0	56.3M	59.7M	62.3M	47.4M	39.1M	36.5M	34.8M	29.3M	25.3M	24M	19.9M	19.4M	17.8M	15.2M	10.4M	14.3M	12.8M
Short Term Debt	220M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	49.3M	3.7M	7.9M	28.4M	40.5M	42.8M	16.7M	16.4M	13.1M	7.6M	4.5M	5.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	3.5M	2.8M	2.7M	2.5M	2.3M	2.5M	2.7M	4.9M	5.3M	4.6M	4.3M	2.3M	826K	857K
Other Current Liabilities	0.0	0.0	0.0	-56.3M	-59.7M	-62.3M	-50.9M	-68.4M	-50.7M	-49.9M	-41.6M	-37.3M	-40.8M	-32.3M	-19.4M	0.0	0.0	0.0	-23.1M	-18.3M
Total Current Liabilities	585.4M	259.8M	582.3M	387.7M	341M	220.4M	39.5M	48.6M	30M	25.2M	19M	20.4M	17.4M	17.2M	37M	34.7M	30.5M	21.6M	826K	857K
NON-CURRENT LIABILITIES
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	3.5M	2.8M	2.7M	2.5M	2.3M	2.5M	2.7M	4.9M	0.0	0.0	0.0	0.0	826K	857K
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.8M	-2.7M	-2.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	0.0	68.1M	60.1M	56.3M	59.7M	62.3M	43.9M	65.6M	48.1M	47.4M	39.2M	34.8M	35.8M	27.4M	31.7M	30.3M	30.3M	30.3M	-826K	-857K
Total Non-Current Liabilities	64.9M	140.7M	139.8M	139M	148.1M	155.9M	145.4M	39.1M	36.5M	34.8M	29.3M	25.3M	23.8M	19.9M	31.7M	30.3M	30.3M	30.3M	23.1M	18.1M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-31.7M	0.0	0.0	0.0	0.0	0.0
Capital Lease Obligations	64.9M	72.7M	79.7M	82.7M	88.4M	93.6M	98M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	650.3M	400.6M	722.1M	526.7M	489.1M	376.4M	184.8M	87.7M	66.5M	60M	48.3M	45.7M	41.2M	37.1M	37M	65M	60.8M	51.9M	24M	19M
SHAREHOLDERS' EQUITY
Treasury Stock	-694.8M	-333.4M	-260.3M	-328.3M	-232.7M	-169.5M	-153.4M	-185M	-159.8M	-117.3M	-93.4M	-70.2M	-32.3M	-32.3M	-25.9M	-70M	-40M	-40M	-37.2M	-2.7M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	394K	226K	228K	229K	0.0	83K	93K	0.0	30.3M	391K	30.3M	0.0	0.0
Common Stock	123K	123K	123K	123K	123K	123K	122K	122K	121K	120K	121K	120K	119K	118K	113K	117K	113K	111K	108K	99K
Additional Paid-In Capital	305.9M	350.7M	333.3M	345.5M	330.3M	329.7M	342.5M	341.9M	331.1M	342.3M	321.2M	307.1M	295.6M	283.6M	340.7M	340.6M	313.9M	300.8M	290M	265M
Retained Earnings	1.5B	1.4B	1.2B	1.1B	957M	799.4M	591.1M	463.3M	353.6M	255.1M	168M	101.8M	51M	-5.6M	-584K	-34.6M	-55.4M	-68.9M	-76.8M	-87.1M
Accumulated Other Comprehensive Income/Loss	-4.4M	-34.7M	-24.4M	-37.7M	-13.3M	-4.7M	-10.3M	-12.4M	-10.2M	-12.2M	-5.2M	-4.5M	-4.1M	-3.1M	-1.9M	-1.7M	-1.4M	-1.3M	-884K	-733K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-713K	3.7M	-834K	10.6M
Total Stockholders' Equity	1.1B	1.4B	1.3B	1.1B	1B	955.1M	770.1M	607.9M	514.8M	468M	390.7M	334.2M	310.4M	242.7M	312.4M	234.5M	216.5M	194.5M	174.4M	185.3M
Total Equity	1.2B	1.4B	1.3B	1.1B	1B	955.1M	770.1M	361.6M	346.6M	298.7M	390.7M	334.2M	310.4M	242.7M	312.4M	234.5M	216.5M	194.5M	174.4M	185.3M
Minority Interest	12.6M	0.0	0.0	0.0	0.0	0.0	0.0	-246.3M	-168.2M	-169.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	1.8B	1.8B	2B	1.6B	1.5B	1.3B	954.9M	695.5M	581.2M	528M	439M	379.9M	351.6M	279.8M	349.5M	299.5M	277.3M	246.4M	198.4M	204.3M
Total Investments	219.4M	165.3M	134.9M	83.8M	36.1M	28.1M	230.5M	240.1M	239.5M	194.4M	-19.6M	-40.7M	-38.6M	-9.4M	78.1M	4.9M	71M	34.5M	107.6M	101.8M
Total Debt	284.9M	72.7M	79.7M	82.7M	88.4M	93.6M	98M	22.5M	17.5M	10.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Debt	-234.8M	-471.8M	-371.6M	-348.1M	-418.3M	-367.2M	-172.1M	-223.9M	-149.5M	-157.7M	-199.7M	-168.9M	-132.7M	-128.9M	-169.6M	-125M	-103.3M	-107.3M	-72.7M	-82M
Shares Outstanding	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070	37,274,070

SEC Filings

MKTX - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	April 17, 2026	January 22, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 24, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 16, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 06, 2026	February 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 26, 2026	January 22, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 09, 2025	December 09, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 07, 2025	September 30, 2025	2025	View Filing

Showing 1 to 10 of 328 filings

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