MarketAxess Financial Statements From 2010 to 2024

MKTX Stock  USD 203.15  1.22  0.60%   
MarketAxess Holdings financial statements provide useful quarterly and yearly information to potential MarketAxess Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MarketAxess Holdings financial statements helps investors assess MarketAxess Holdings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MarketAxess Holdings' valuation are summarized below:
Gross Profit
665.3 M
Profit Margin
0.3429
Market Capitalization
7.7 B
Enterprise Value Revenue
10.1299
Revenue
752.5 M
We have found one hundred twenty available fundamental ratios for MarketAxess Holdings, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of MarketAxess Holdings last-minute market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 20.6 B in 2024. Enterprise Value is likely to rise to about 20.2 B in 2024

MarketAxess Holdings Total Revenue

788.44 Million

Check MarketAxess Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MarketAxess main balance sheet or income statement drivers, such as Depreciation And Amortization of 80.2 M, Interest Expense of 2.1 M or Selling General Administrative of 138.6 M, as well as many exotic indicators such as Price To Sales Ratio of 8.66, Dividend Yield of 0.0121 or PTB Ratio of 6.04. MarketAxess financial statements analysis is a perfect complement when working with MarketAxess Holdings Valuation or Volatility modules.
  
This module can also supplement MarketAxess Holdings' financial leverage analysis and stock options assessment as well as various MarketAxess Holdings Technical models . Check out the analysis of MarketAxess Holdings Correlation against competitors.
For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.

MarketAxess Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.1 BB881.1 M
Slightly volatile
Common Stock Shares Outstanding37.2 M37.7 M35.6 M
Slightly volatile
Liabilities And Stockholders Equity2.1 BB881.1 M
Slightly volatile
Property Plant And Equipment Net174 M165.7 M83.5 M
Slightly volatile
Non Current Assets Total703.4 M669.9 M327.9 M
Slightly volatile
Other Assets1.1 B1.1 B234.3 M
Slightly volatile
Cash And Short Term Investments532.5 M507.1 M296.7 M
Slightly volatile
Common Stock Total Equity114.2 K141.4 K113.9 K
Slightly volatile
Short Term Investments10.2 M10.7 M80.4 M
Pretty Stable
Other Stockholder Equity69.3 M73 M173.3 M
Slightly volatile
Total Liabilities758.2 M722.1 M234.4 M
Slightly volatile
Property Plant And Equipment Gross433.8 M413.1 M117.3 M
Slightly volatile
Total Current Assets1.4 B1.3 B550.7 M
Slightly volatile
Intangible Assets125.1 M119.1 M45.4 M
Slightly volatile
Common Stock115.1 K141.4 K114 K
Slightly volatile
Total Current Liabilities611.4 M582.3 M176 M
Slightly volatile
Other Liabilities381.9 M363.7 M104.4 M
Slightly volatile
Accounts Payable22.6 M37 M26.5 M
Slightly volatile
Cash521.2 M496.4 M272.5 M
Slightly volatile
Net Receivables816.7 M777.8 M225.9 M
Slightly volatile
Non Current Liabilities Total146.8 M139.8 M70 M
Slightly volatile
Property Plant Equipment121.1 M115.3 M61.6 M
Slightly volatile
Good Will248.5 M236.7 M100.9 M
Slightly volatile
Net Tangible Assets513.1 M952.5 M489.4 M
Slightly volatile
Capital Surpluse358.5 M397.3 M333.9 M
Slightly volatile
Long Term Investments95.4 M63.9 M93.5 M
Pretty Stable
Net Invested Capital984.2 M1.3 B723.4 M
Slightly volatile
Net Working Capital578.9 M762.8 M381.4 M
Slightly volatile
Capital Stock134.9 K141.4 K124.4 K
Slightly volatile
Non Current Liabilities Other81.2 M95.1 M37.9 M
Slightly volatile
Short and Long Term Debt Total70.8 M79.7 M93 M
Slightly volatile
Capital Lease Obligations70.8 M79.7 M93 M
Slightly volatile
Short Term Debt70.8 M79.7 M93 M
Slightly volatile

MarketAxess Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization80.2 M76.4 M31 M
Slightly volatile
Selling General Administrative138.6 M132 M75.6 M
Slightly volatile
Selling And Marketing Expenses6.3 M11 M7.7 M
Slightly volatile
Total Revenue788.4 M750.9 M436.7 M
Slightly volatile
Gross Profit630.6 M600.5 M330 M
Slightly volatile
Other Operating Expenses453.8 M432.2 M235.2 M
Slightly volatile
Total Operating Expenses295.9 M281.8 M132.4 M
Slightly volatile
Income Tax Expense40.8 M74.6 M56.4 M
Slightly volatile
Cost Of Revenue98 M150.4 M106 M
Slightly volatile
Net Income Applicable To Common Shares302.1 M287.8 M160.6 M
Slightly volatile
Net Income From Continuing Ops173.8 M247.7 M151.7 M
Slightly volatile
Tax Provision71.9 M80.7 M61.3 M
Slightly volatile
Interest Income20.4 M19.4 M5.9 M
Slightly volatile
Reconciled Depreciation48 M72.4 M32.5 M
Slightly volatile

MarketAxess Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow505.8 M481.7 M267.7 M
Slightly volatile
Depreciation80.2 M76.4 M32.7 M
Slightly volatile
Capital Expenditures55.1 M52.4 M30.3 M
Slightly volatile
End Period Cash Flow521.2 M496.4 M299.5 M
Slightly volatile
Stock Based Compensation30.6 M29.2 M17.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.6614.68515.1069
Slightly volatile
Dividend Yield0.01210.00990.0108
Pretty Stable
Days Sales Outstanding397378135
Slightly volatile
Invested Capital0.20.12320.2258
Slightly volatile
Stock Based Compensation To Revenue0.03150.03890.0381
Pretty Stable
EV To Sales8.1514.130114.5801
Slightly volatile
ROIC0.170.16140.257
Slightly volatile
Payables Turnover6.044.06245.1928
Slightly volatile
Sales General And Administrative To Revenue0.320.17580.2483
Slightly volatile
Research And Ddevelopement To Revenue0.00750.00840.0091
Slightly volatile
Cash Per Share14.1413.46818.4456
Slightly volatile
Interest Coverage153161319
Pretty Stable
Payout Ratio0.30.42490.3742
Very volatile
Days Payables Outstanding60.0689.849377.5724
Slightly volatile
Income Quality1.871.39551.2334
Slightly volatile
ROE0.210.19960.2808
Slightly volatile
Intangibles To Total Assets0.0960.17660.1378
Slightly volatile
Current Ratio2.192.317.0393
Slightly volatile
Tangible Book Value Per Share26.1324.888414.6224
Slightly volatile
Receivables Turnover0.920.96545.1556
Slightly volatile
Graham Number76.472.766147.4401
Slightly volatile
Debt To Equity0.20.12320.2258
Slightly volatile
Revenue Per Share20.9419.942111.7652
Slightly volatile
Interest Debt Per Share5.164.28475.0062
Slightly volatile
Debt To Assets0.140.07910.1754
Slightly volatile
Short Term Coverage Ratios2.924.51973.0392
Slightly volatile
Days Of Payables Outstanding60.0689.849377.5724
Slightly volatile
Dividend Payout Ratio0.30.42490.3742
Very volatile
Ebt Per Ebit0.821.0441.009
Slightly volatile
Effective Tax Rate0.20.22440.3768
Slightly volatile
Long Term Debt To Capitalization0.09010.0580.101
Slightly volatile
Total Debt To Capitalization0.170.10970.1833
Slightly volatile
Debt Equity Ratio0.20.12320.2258
Slightly volatile
Quick Ratio2.12.20667.0191
Slightly volatile
Cash Ratio0.810.85254.3724
Slightly volatile
Days Of Sales Outstanding397378135
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.640.85440.8401
Slightly volatile
Cash Flow Coverage Ratios1.462.25991.5196
Slightly volatile
Fixed Asset Turnover4.34.53127.2114
Slightly volatile
Debt Ratio0.140.07910.1754
Slightly volatile
Cash Flow To Debt Ratio1.462.25991.5196
Slightly volatile
Price Sales Ratio8.6614.68515.1069
Slightly volatile
Asset Turnover0.420.37260.5443
Pretty Stable
Gross Profit Margin0.50.79980.7043
Pretty Stable
Return On Equity0.210.19960.2808
Slightly volatile

MarketAxess Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap20.6 B19.6 B16.2 B
Slightly volatile
Enterprise Value20.2 B19.3 B15.9 B
Slightly volatile

MarketAxess Fundamental Market Drivers

Forward Price Earnings27.5482
Cash And Short Term Investments507.1 M

MarketAxess Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About MarketAxess Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MarketAxess Holdings income statement, its balance sheet, and the statement of cash flows. MarketAxess Holdings investors use historical funamental indicators, such as MarketAxess Holdings's revenue or net income, to determine how well the company is positioned to perform in the future. Although MarketAxess Holdings investors may use each financial statement separately, they are all related. The changes in MarketAxess Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MarketAxess Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MarketAxess Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MarketAxess Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue526.4 M552.7 M
Total Revenue750.9 M788.4 M
Cost Of Revenue150.4 M98 M
Stock Based Compensation To Revenue 0.04  0.03 
Sales General And Administrative To Revenue 0.18  0.32 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.07)(0.07)
Revenue Per Share 19.94  20.94 
Ebit Per Revenue 0.42  0.45 

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When determining whether MarketAxess Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MarketAxess Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marketaxess Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marketaxess Holdings Stock:
Check out the analysis of MarketAxess Holdings Correlation against competitors.
For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is MarketAxess Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MarketAxess Holdings. If investors know MarketAxess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MarketAxess Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.164
Dividend Share
2.88
Earnings Share
6.85
Revenue Per Share
20.043
Quarterly Revenue Growth
0.109
The market value of MarketAxess Holdings is measured differently than its book value, which is the value of MarketAxess that is recorded on the company's balance sheet. Investors also form their own opinion of MarketAxess Holdings' value that differs from its market value or its book value, called intrinsic value, which is MarketAxess Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MarketAxess Holdings' market value can be influenced by many factors that don't directly affect MarketAxess Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MarketAxess Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if MarketAxess Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarketAxess Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.