MarketAxess Holdings Inc (MKTX) stock
MKTXNasdaqSecurity Brokers, Dealers & Flotation CompaniesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 14/3014% below fair value
$165.22+0.06 (+0.04%)
Close on Nov 13, 2026Market cap $5.81BP/E 20.2Yield 1.84%
MarketAxess statistics
103 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 5, 2027 (estimated, before the open)
- Last ex-dividend date
- Nov 10, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 13, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 6.49
- 1.10
- P/OCF Ratio
- 16.27
- 12.66
Enterprise valuationIndustry
- EV / Sales
- 6.34
- 2.32
- EV / EBIT
- 16.19
- 17.55
- EV / FCF
- 15.68
- 12.35
Share statisticsIndustry
- Shares Change (YoY)
- -4.60%
- 1.07%
- Shares Change (QoQ)
- 0.02%
- 1.29%
- Float
- 34M
- 25M
- Shares Held by Insiders
- 2.52%
- 0.00%
- Shares Held by Institutions
- 111.3%
- 36.4%
Short sellingIndustry
- Short Interest
- 4M
- –
- Short Interest Change
- 14.3%
- -2.10%
- Short % of Float
- 11.4%
- 2.13%
- Short % of Shares Outstanding
- 11.2%
- 1.55%
- Days to Cover
- 4.43
- 2.08
Stock price statisticsIndustry
- 52-Week High
- $195.97
- –
- 52-Week Low
- $108.75
- –
- 20-Day Moving Average
- $165.11
- –
- 50-Day Moving Average
- $164.34
- –
- 200-Day Moving Average
- $155.02
- –
- Average True Range (14)
- $0.40
- –
- Price Change (1 Week)
- -0.22%
- -2.38%
- Price Change (1 Month)
- 0.41%
- -7.46%
- Price Change (3 Months)
- 1.64%
- -1.46%
- Price Change (6 Months)
- 19.3%
- -10.7%
- Price Change (YTD)
- -8.84%
- -18.8%
- Price Change (1 Year)
- -2.66%
- -10.1%
- Price Change (3 Years)
- -27.6%
- 46.9%
- Price Change (5 Years)
- -57.5%
- 12.8%
- Price Change (10 Years)
- -0.24%
- 134.2%
- Average Volume (10 Days)
- 708,454
- –
- Average Volume (20 Days)
- 816,342
- –
- Average Volume (90 Days)
- 971,491
- –
- Relative Volume
- 0.41
- 0.74
- Relative Strength Index (14)
- 59.3
- 38.4
- Volatility (1 Year)
- 38.5%
- 44.5%
- Beta (5 Years)
- 0.62
- 0.78
MarginsIndustry
- Pretax Margin
- 40.0%
- 21.2%
- EBITDA Margin
- 48.0%
- 19.8%
- FCF Margin
- 40.4%
- 20.5%
Returns on capitalIndustry
- Return on Equity (ROE)
- 22.0%
- 11.9%
- Return on Assets (ROA)
- 13.6%
- 2.23%
- Return on Invested Capital (ROIC)
- 30.3%
- 3.30%
Financial positionIndustry
- Debt / Equity
- 0.07
- 0.21
- Debt / EBITDA
- 0.22
- 1.35
- Debt / FCF
- 0.26
- 0.45
- Net Debt / EBITDA
- -0.69
- -0.65
- Interest Coverage
- 47.63
- 6.05
GrowthIndustry
- Revenue Growth (YoY)
- 3.85%
- 13.5%
- Net Income Growth (YoY)
- 33.0%
- 12.1%
- EPS Growth (YoY)
- 38.9%
- 12.7%
- FCF Growth (YoY)
- -10.8%
- 17.6%
- Revenue Growth (3Y CAGR)
- 5.62%
- 11.9%
- Revenue Growth (5Y CAGR)
- 4.19%
- 9.20%
- EPS Growth (3Y CAGR)
- -0.05%
- 11.0%
- EPS Growth (5Y CAGR)
- -3.29%
- 8.95%
EfficiencyIndustry
- Asset Turnover
- 0.41
- 0.25
- Revenue Per Employee
- $1.00M
- $1.01M
- Profits Per Employee
- $336.50K
- $124.33K
- Employee Count
- 868
- 700
- WACC
- 8.18%
- 8.80%
Income statement (TTM)Industry
- Pretax Income
- $348.26M
- $253.40M
Balance sheetIndustry
- Net Cash (Debt)
- $289.05M
- $43.44M
- Net Cash Per Share
- $8.21
- $1.66
- Equity (Book Value)
- $1.27B
- $503.26M
- Book Value Per Share
- $36.23
- $20.64
- Tangible Book Value
- $896.02M
- $226.58M
Cash flow (TTM)Industry
- Capital Expenditures
- -$5.07M
- -$13.10M
- FCF Per Share
- $10.01
- $2.11
Dividends and yieldsIndustry
- Earnings Yield
- 5.02%
- 3.95%
- FCF Yield
- 6.06%
- 6.23%
- Dividend Yield
- 1.84%
- 1.66%
- Buyback Yield
- 5.16%
- 1.88%
- Shareholder Yield
- 7.00%
- 2.91%
- Dividend Per Share
- $3.04
- $1.40
- Dividend Growth (YoY)
- 2.70%
- 5.80%
- Years of Dividend Growth
- 12
- 2
Taxes and interestIndustry
- Interest Expense
- $7.16M
- $38.36M
- Income Tax
- $55.41M
- $37.71M
- Effective Tax Rate
- 15.9%
- 21.5%
Scores and fair valueIndustry
- Graham Number
- $81.61
- $42.72
- Graham Upside
- -50.6%
- -37.7%
- Altman Z-Score
- 5.43
- 11.57
- Piotroski F-Score
- 6
- 5
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 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% | -3.0% | +4.0 pts | ||
| 3 months | +2.6% | -2.8% | +5.4 pts | ||
| Year to date | -7.1% | +11.5% | −18.5 pts | ||
| 1 year | -2.8% | +13.5% | −16.2 pts | ||
| 3 years | -21.7% | +77.7% | −99.4 pts | -7.8% | +21.1% |
| 5 years | -54.5% | +72.6% | −127.1 pts | -14.6% | +11.5% |
| 10 years | +13.0% | +308.2% | −295.2 pts | +1.2% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
4M MKTX shares were sold short on Oct 30, 2026, up 14.3% from the previous report, or 11.44% of the shares available to trade. At recent volumes it would take 4.4 days to buy them back. Over the last 20 sessions, 37.3% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 3,925,992 | +14.3% | 885,233 | 4.4 |
| Oct 15, 2026 | 3,433,862 | +7.1% | 629,343 | 5.5 |
| Sep 30, 2026 | 3,205,371 | +36.6% | 946,352 | 3.4 |
| Sep 15, 2026 | 2,347,202 | +30.2% | 900,850 | 2.6 |
| Aug 31, 2026 | 1,803,113 | +35.2% | 1,040,353 | 1.7 |
| Aug 14, 2026 | 1,333,912 | -13.0% | 1,106,958 | 1.2 |
| Jul 31, 2026 | 1,533,503 | -27.1% | 1,544,316 | 1.0 |
| Jul 15, 2026 | 2,103,650 | -0.3% | 567,634 | 3.7 |
| Jun 30, 2026 | 2,109,978 | +2.8% | 882,538 | 2.4 |
| Jun 15, 2026 | 2,052,849 | -7.9% | 814,984 | 2.5 |
| May 29, 2026 | 2,227,806 | -6.6% | 664,473 | 3.4 |
| May 15, 2026 | 2,385,964 | +2.0% | 601,215 | 4.0 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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