MarketAxess Holdings Inc.

MKTX: NasdaqGS
46Total

Lowest reading is at 5 out of 100. All scores are out of 100.

About The Company

CEO

Mr. Christopher Robert Concannon J.D.

Market Cap

5.78 Billion USD

Sector

Financial Services

Website

https://www.marketaxess.com

Last Update

27/09/2026, 17:47:26

Description

MarketAxess Holdings Inc.

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Strongest readings

  • ✔Debt is low at 0.09 times equity
  • ✔Financial health is strong (health score 70 out of 100)
  • ✔Altman-Z score of 4.48 sits above the distress range
  • ✔Share count has been falling at 0.39% per year

Weakest readings

  • ✘Earnings and cashflow growth is weak (growth score 5 out of 100)
  • ✘The current price sits above estimated fair value (margin of safety -78.31%)
  • ✘Price-to-earnings of 20.8 is above the market average of 19.6

Key Figures

StatusMetricValueReadingMarket avg
✘
Price / earnings (TTM)
20.81x
19.60x
✘
Margin of safety (DCF)
-78.31%
17.95%
✘
Revenue growth (5y average)
-3.13%
10.97%
✔
Dividend yield (TTM)
1.97%
1.85%
✔
Share count, per year
-0.39%
0.00%
✘Return on capital employed6.19%
10.00%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

Valuation

43 / 100

Priced above the market on most measures.

StatusMetricValueReadingMarket avg
✘
Price / earnings
20.81x
19.60x
✘Free cashflow yield2.45%
4.70%
Price / earnings growthN/A1.50x
Price / book4.61x
—
✘
Margin of safety
-78.31%
17.95%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

  • ✘Estimated intrinsic value of 35.61 USD is below the current price of 164.19 USD

Desired Margin Of Safety

0%

▼

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Estimated Fair Value: 73.1 USD ✘

Current Price: 164.2 USD

How Does This Work?

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This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated fair value for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel for the impact this has on longterm investment returns and find a margin of safety you are comfortable with.

Growth

5 / 100

Growing more slowly than the market on most measures.

StatusMetricValueReadingMarket avg
✘
Revenue growth
-3.13%
10.97%
✘Earnings growth-5.89%
14.48%
✘Cashflow growth-15.20%
12.35%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

  • ✔Revenue growth has improved this year (6.90% against a five year average of -3.13%)
  • ✔Earnings growth has improved this year (32.83% against a five year average of -5.89%)
  • ✘Free cashflow growth has slowed this year

Health

70 / 100

Balance sheet covers its obligations.

Measured on Leverage and capital, Funding and liquidity, Earnings quality.

StatusMetricValueReadingThreshold
✔Altman-Z score4.48
3.00
✘Piotroski score4.00
5.00
✔Debt / equity0.09x
0.80x
✔Current ratio1.76x
1.00x
✔Interest coverage49.21x
2.50x
✔Free cashflow / debt0.23x
0.15x
✔Debt / capital0.09x
1.00x

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

    Dividend

    49 / 100

    Cover is thin on at least one measure.

    StatusMetricValueReadingMarket avg
    ✔
    Dividend yield
    1.97%
    1.85%
    ✘Dividend growth-3.19%
    0.00%
    ✔Payout ratio (earnings)39.81%
    40.00%
    ✘Payout ratio (cashflow)80.12%
    65.00%
    ✘Worst year, last 5 years-3.19%
    -2.00%

    The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

      Management

      67 / 100

      Returns on capital are at or above the market.

      StatusMetricValueReadingMarket avg
      ✘Return on equity5.50%
      15.00%
      ✘Return on capital employed6.19%
      10.00%
      Return on assets2.81%
      —
      Free cashflow return on capital1.77%
      —
      ✔Return on capital, 5y change1.87%
      0.00%
      ✔
      Share count, per year
      -0.39%
      0.00%
      ✔Share count, recent-0.02%
      0.00%
      ✔Realized buyback return46.48%
      0.00%
      ✔Goodwill erosion / equity0.19%
      2.00%
      Price volatility, 5 year35.17%
      —

      The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

      • ✘Shares were repurchased while the value score was only 43 out of 100
      • ✔Dividends were reduced when earnings fell (dividend -3.19% per year, earnings -5.89% per year)

      Analysts

      not enough data
      StatusMetricValueReadingNeutral
      Analyst opinion scoreN/A50

      The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

      Financial History

      Annual figures across the full reporting history we hold.

      Market Peers

      MKTX

      SEC Filings

      Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

      See 35+ Years Annual Reports

      Other Information

      Company Name

      MarketAxess Holdings Inc.

      Currency

      USD

      Beta

      0.825

      Vol Avg

      1046012

      Ceo

      Mr. Christopher Robert Concannon J.D.

      Cik

      0001278021

      Cusip

      Exchange

      NasdaqGS

      Full Time Employees

      863

      Industry

      Capital Markets

      Sector

      Financial Services

      Ipo Date

      Address

      55 Hudson Yards

      City

      New York

      State

      NY

      Country

      United States

      Zip

      10001

      Phone

      212 813 6000

      Analysis Last Updated

      27/09/2026, 17:47:26

      Financial data compiled from SEC EDGAR filings and Yahoo Finance.

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