MarketAxess Holdings Inc.

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.

At a Glance

Live Snapshot
Market Cap$4.37B
EPS6.6600
P/E Ratio18.47
Earnings Date07/22/2026

mktx

Cost of Revenue

Last Annual Value

255.80M

3-Year CAGR

9%

5-Year CAGR

8%

10-Year CAGR

12%

MarketAxess Holdings Inc.

MarketAxess Holdings Inc. Competitors Analysis of Cost of Revenue

MKTX · NASDAQ
CompanyCost of Revenue
CAGR 3Y
CAGR 5Y
CAGR 10Y
255.80M
4.1%8.2%9.6% 
SLM logo
SLM Corporation
NASDAQ:SLM
1.46B
2.0%33.1%15.5%
BGC logo
BGC Group, Inc
NASDAQ:BGC
314.58M
-33.9%-25.4%-10.2%
WULF logo
TeraWulf Inc.
NASDAQ:WULF
82.66M
44.6%336.8%22.0%
121.76M
128.9%62.5%18.4%
374.62M
-32.0%-23.5%-1.3%
1.11B
7.1%-0.2%13.7%
129.80B
29.9%25.3%24.5%
11.88M
-74.5%-58.0%-28.9%
684.72M
-3.2%40.9%24.6%
HUT logo
Hut 8 Corp.
NASDAQ:HUT
107.77M
25.8%33.1%N/A
MarketAxess Holdings Inc.

MarketAxess Holdings Inc. Fair Value Envelope

MKTX · NASDAQ

Our analysis suggests that MKTX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $122.98, this represents a potential HIDDEN relative to our calculated worth for MarketAxess Holdings Inc..

Intrinsic Value
Current Price: $122.98