MarketAxess Holdings Inc (MKTX) stock
Close on Nov 11, 2026Market cap $5.82BP/E 20.2Yield 1.84%
MarketAxess Holdings Inc grew revenue 3.9% to $871.61M over the twelve months to Sep 30, 2026. Operating income fell 1.3% to $341.21M, moving the operating margin from 41.2% to 39.1%. Free cash flow was $352.37M, down 10.8% from a year earlier. At the latest close the market valued the company at $5.82B, 20.2 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $5.82B
- P/E ratio
- 20.2
- Price to sales
- 6.67
- Price to book
- 4.56
- Dividend yield
- 1.84%
- Free cash flow yield
- 6.06%
Fundamentals
- Revenue
- $871.61M
- Net income
- $292.08M
- EPS, diluted
- $8.17
- Free cash flow
- $352.37M
- Book value per share
- $36.14
- Diluted shares
- 35M
Trading
- Next earnings
- Feb 5, 2027 (estimated, before the open)
- Previous close
- $165.08
- Open
- $165.00
- Day's range
- $164.95 – $165.45
- Volume
- 627,843
- Average volume (20 days)
- 843,695
- Index membership
- S&P SmallCap 600 (since Nov 2025), Russell 1000, Russell 3000
- Beta (5 years)
- 0.62
- 52-week range
- $108.75 – $195.97
- RSI (14 days)
- 61.6
- Volatility (1 year)
- 38.5%
- Relative volume
- 0.64×
- WACC
- 8.0%
On 2 of our idea lists: Buyback cannibals, Shareholder yield
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | MKTX | S&P 500 | Difference | MKTX per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +0.9% | -2.4% | +3.3 pts | ||
| 3 months | +2.7% | -1.2% | +3.8 pts | ||
| Year to date | -7.0% | +12.3% | −19.3 pts | ||
| 1 year | -1.2% | +12.4% | −13.7 pts | ||
| 3 years | -22.2% | +78.8% | −101.0 pts | -8.0% | +21.4% |
| 5 years | -53.7% | +75.2% | −128.9 pts | -14.3% | +11.9% |
| 10 years | +13.0% | +311.1% | −298.1 pts | +1.2% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases MarketAxess filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Results
- Results
- Update
About MarketAxess
Security Brokers, Dealers & Flotation Companies
MarketAxess Holdings Inc. operates electronic trading platforms that connect participants across global fixed-income and related markets. The company provides a variety of trading protocols, automated and algorithmic execution tools, market data analytics, and integrated technology and post-trade solutions. Its central offering includes an all-to-all marketplace named Open Trading, designed to deliver pooled anonymous liquidity, transaction efficiency, and reduced costs. Customers primarily consist of institutional investors and broker-dealer firms engaging in electronic fixed-income trading.
Company profile, executives and historyMarketAxess stock: common questions
What is MarketAxess's stock price?
MKTX closed at $165.31 on Nov 11, 2026, up 0.14% on the day. Over the past 52 weeks it traded between $108.75 and $195.97.
What is MarketAxess's market cap?
MarketAxess was worth $5.82B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is MKTX's P/E ratio?
MKTX trades at 20.2 times earnings, based on diluted earnings per share of $8.17 over the twelve months to Sep 30, 2026.
How much revenue does MarketAxess make?
MarketAxess reported revenue of $871.61M for the twelve months to Sep 30, 2026, up 3.9% from a year earlier.
Does MarketAxess pay a dividend?
Yes. MarketAxess paid $3.04 per share over the last twelve months, a yield of 1.84% at the latest price, and has raised its annual dividend 12 years in a row.
When does MarketAxess report earnings next?
MarketAxess is expected to report Q4 FY2026 results on Feb 5, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has MKTX stock performed over the past year?
Including dividends, MKTX returned -1.2% over the past year, against +12.4% for the S&P 500.
How many MKTX shares are sold short?
4M shares were sold short at the latest FINRA report, 11.44% of the float, or 4.4 days of average trading volume.
Who are MarketAxess's competitors?
Companies most similar to MarketAxess by business, industry and size include MIAX, TIGR, VIRT, BULL, IBKR.
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