MarketAxess Holdings Inc. | Mid-cap | Financial Services
$219.17
-1.77%
| MarketAxess Holdings Stock Comparison:
MarketAxess Holdings vs Morgan StanleyMarketAxess Holdings vs Goldman SachsMarketAxess Holdings vs Stifel FinancialMarketAxess Holdings vs EvercoreMarketAxess Holdings vs Virtu FinancialMarketAxess Holdings vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 817.1M
Gross Profit 563.4M 68.95%
Operating Income 340.9M 41.72%
Net Income 274.2M 33.56%
EPS (Diluted) $7.28

Balance Sheet Metrics

Total Assets 1.8B
Total Liabilities 400.6M
Shareholders Equity 1.4B
Debt to Equity 0.29

Cash Flow Metrics

Operating Cash Flow 379.2M
Free Cash Flow 328.7M

Revenue & Profitability Trend

MarketAxess Holdings Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 817.1M 752.5M 718.3M 699.0M 689.1M
Cost of Goods Sold 253.7M 206.9M 182.1M 170.9M 156.9M
Gross Profit 563.4M 545.6M 536.2M 528.0M 532.2M
Operating Expenses 148.7M 160.0M 147.9M 137.4M 121.5M
Operating Income 340.9M 315.0M 326.9M 337.2M 374.7M
Pre-tax Income 360.5M 332.7M 338.3M 333.9M 374.4M
Income Tax 86.4M 74.6M 88.1M 76.0M 75.0M
Net Income 274.2M 258.1M 250.2M 257.9M 299.4M
EPS (Diluted) $7.28 $6.85 $6.65 $6.77 $7.85

Income Statement Trend

MarketAxess Holdings Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 1.1B 1.3B 1.1B 1.0B 888.7M
Non-Current Assets 643.3M 669.9M 537.3M 490.1M 442.7M
Total Assets 1.8B 2.0B 1.6B 1.5B 1.3B
Liabilities
Current Liabilities 259.8M 582.3M 387.7M 341.0M 220.4M
Non-Current Liabilities 140.7M 139.8M 139.0M 148.1M 155.9M
Total Liabilities 400.6M 722.1M 526.7M 489.1M 376.4M
Equity
Total Shareholders Equity 1.4B 1.3B 1.1B 1.0B 955.1M

Balance Sheet Composition

MarketAxess Holdings Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 274.2M 258.1M 250.2M 257.9M 299.4M
Operating Cash Flow 379.2M 354.2M 310.4M 288.1M 375.3M
Investing Activities
Capital Expenditures -9.9M -9.3M -13.1M -17.5M -15.0M
Investing Cash Flow -40.3M -112.2M -47.5M -34.6M 99.5M
Financing Activities
Dividends Paid -112.7M -109.7M -105.9M -99.8M -90.6M
Financing Cash Flow -549.3M -272.0M -343.0M -267.2M -727.5M
Free Cash Flow 328.7M 281.3M 237.4M 231.5M 358.9M

Cash Flow Trend

MarketAxess Holdings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 38.34
Forward P/E 26.83
Price to Book 6.16
Price to Sales 10.16
PEG Ratio 26.83

Profitability Ratios

Profit Margin 26.57%
Operating Margin 42.37%
Return on Equity 16.25%
Return on Assets 11.06%

Financial Health

Current Ratio 8.86
Debt to Equity 5.26
Beta 0.84

Per Share Data

EPS (TTM) $5.76
Book Value per Share $35.86
Revenue per Share $21.74

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
mktx 8.3B 38.34 6.16 16.25% 26.57% 5.26
Morgan Stanley 218.0B 15.91 2.25 13.88% 22.35% 416.64
Goldman Sachs 196.6B 14.88 1.73 12.22% 28.06% 593.34
Stifel Financial 10.2B 18.92 2.11 11.48% 12.34% 41.47
Evercore 9.9B 24.53 6.59 28.14% 14.18% 53.29
Virtu Financial 6.3B 11.88 2.69 41.05% 13.34% 418.93

Financial data is updated regularly. All figures are in the company's reporting currency.