MarketAxess vs WisdomTree
MKTX and WT side by side, both in security brokers, dealers, and flotation. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How MKTX and WT compare
MarketAxess is the larger company, worth 1.8 times as much as WisdomTree ($5.8B against $3.2B).
On earnings, MarketAxess is cheaper: it trades at 20.2× trailing earnings, against 30.2× for WisdomTree.
WisdomTree grew revenue faster over the last twelve months (45.2% versus 3.9% for MarketAxess).
MarketAxess keeps more of each dollar of sales as profit, with a net margin of 33.5% compared with 16.6% at WisdomTree.
Both pay dividends: MarketAxess yields 2.3% and WisdomTree 0.56%.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | MKTX | WT |
|---|---|---|
| Size and price | ||
| Market cap | $5.8B | $3.2B |
| Share price | $165.31 | $21.44 |
| Change, 1 year | −2.3% | 82.9% |
| Change, 5 years | −54.1% | 230% |
| Beta (5Y) | 0.62 | 0.99 |
| Employees | 868 | 360 |
| StockData Score | ||
| Total score | 14 | 14 |
| Valuation score | 3 (better) | 1 |
| Growth score | 1 | 3 (better) |
| Performance score | 4 | 4 |
| Health score | 4 (better) | 3 |
| Dividend score | 2 | 3 (better) |
| Valuation | ||
| P/E | 20.2× (better) | 30.2× |
| P/S | 6.7× | 4.9× (better) |
| P/B | 4.6× (better) | 7.3× |
| EV/EBITDA | 13.2× | 11.6× (better) |
| P/FCF | 16.5× | 15.7× (better) |
| PEG | – | 0.88 |
| FCF yield | 6.1% | 6.4% (better) |
| Fair value | $194.08 | $17.25 |
| Margin of safety | 14.8% (better) | −24.3% |
| Growth | ||
| Revenue growth (TTM) | 3.9% | 45.2% (better) |
| Revenue growth, 5Y average | 4.2% | – |
| Net income growth (TTM) | 33.0% (better) | 14.5% |
| EPS growth (TTM) | 38.9% (better) | 9.2% |
| EPS growth, 5Y average | −3.3% | – |
| Profitability | ||
| Operating margin | 39.1% | 39.9% (better) |
| Net margin | 33.5% (better) | 16.6% |
| FCF margin | 40.4% (better) | 31.3% |
| Return on equity | 22.0% | 27.0% (better) |
| Return on invested capital | 30.3% | 161% (better) |
| Financial health | ||
| Debt / equity | 0.07 | – |
| Net debt / EBITDA | −0.69 | – |
| Interest coverage | 47.6× (better) | 5.3× |
| Current ratio | – | 3.54 |
| Altman Z-score | 5.44 (better) | 3.02 |
| Piotroski F-score | 6 | 7 (better) |
| Dividends and buybacks | ||
| Dividend yield | 2.3% (better) | 0.56% |
| Payout ratio | – | 15.9% |
| Years of dividend growth | 12 (better) | 0 |
| Dividend growth, 5Y average | 4.8% (better) | 0.00% |
| Buyback yield | 5.2% (better) | 1.9% |
| Shareholder yield | 7.5% (better) | 2.5% |
| Ownership | ||
| Held by institutions | 111% | 106% |
| Held by insiders | 2.5% | 9.5% |
| Insider net buying, 12 months | −$1.2M (better) | −$4.1M |
| Short interest, % of float | 11.4% | 11.9% |
Go deeper
- MKTX stock overview
- MKTX income statement
- MKTX valuation and score
- WT stock overview
- WT income statement
- WT valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.