MarketAxess Holdings Inc (MKTX)

Official site

FINANCIAL SERVICES • CAPITAL MARKETS • NASDAQ

$164.54

+0.04 (+0.02%)

Market Cap: $5.79B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

92%(36/39)

Avg Surprise

+4.73%

Streak

11 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$1.96

Range$1.74 - $2.11

9 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$1.96-0.3%

60d ago$1.94+1.1%

30d ago$1.94+1.0%

7d ago$1.94+1.0%

Current$1.96

Revenue Consensus

$220M

Range$213M - $223M

7 analysts

Period ending Dec 31, 2026

EPS Consensus$1.99

Range$1.74 - $2.20

11 analysts

Revenue Consensus

$228M

Range$221M - $244M

11 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$1.99	$1.74 - $2.20	-	-	11	-	-
Sep 30, 2026Sep 26EST	-	$1.96	$1.74 - $2.11	-	-	9	2 4 30d	-
Jun 30, 2026Jun 26 Reported Jul 30, 2026Reported Jul 30	$1.95	$1.88	$1.82 - $1.90	+3.72%	Beat	9	1 0 30d	-2.5%
Mar 31, 2026Mar 26 Reported May 7, 2026Reported May 7	$2.25	$2.15	$2.13 - $2.19	+4.65%	Beat	5	4 1 30d	+20.3%
Dec 31, 2025Dec 25 Reported Feb 6, 2026Reported Feb 6	$1.68	$1.64	$1.62 - $1.70	+2.44%	Beat	6	0 5 30d	-2.9%
Sep 30, 2025Sep 25 Reported Nov 7, 2025Reported Nov 7	$1.84	$1.70	$1.62 - $1.71	+8.24%	Beat	6	0 6 30d	-3.2%
Jun 30, 2025Jun 25 Reported Aug 6, 2025Reported Aug 6	$2.00	$1.96	$1.88 - $2.04	+2.04%	Beat	10	3 5 30d	+16.3%
Mar 31, 2025Mar 25 Reported May 7, 2025Reported May 7	$1.87	$1.81	$1.78 - $1.84	+3.31%	Beat	10	6 4 30d	-2.6%
Dec 31, 2024Dec 24 Reported Feb 6, 2025Reported Feb 6	$1.73	$1.69	$1.60 - $1.73	+2.37%	Beat	10	1 9 30d	-6.0%
Sep 30, 2024Sep 24 Reported Nov 6, 2024Reported Nov 6	$1.90	$1.85	$1.81 - $1.90	+2.70%	Beat	12	10 0 30d	+30.1%
Jun 30, 2024Jun 24 Reported Aug 6, 2024Reported Aug 6	$1.72	$1.68	$1.65 - $1.72	+2.38%	Beat	12	2 0 30d	+8.2%
Mar 31, 2024Mar 24 Reported May 7, 2024Reported May 7	$1.92	$1.88	$1.81 - $1.91	+2.13%	Beat	13	4 0 30d	-2.0%
Dec 31, 2023Dec 23 Reported Jan 31, 2024Reported Jan 31	$1.84	$1.72	$1.68 - $1.79	+6.98%	Beat	12	9 0 30d	+16.5%
Sep 30, 2023Sep 23 Reported Oct 25, 2023Reported Oct 25	$1.46	$1.47	$1.42 - $1.66	-0.68%	Miss	11	1 0 30d	-7.6%
Jun 30, 2023Jun 23 Reported Jul 20, 2023Reported Jul 20	$1.59	$1.56	$1.50 - $1.62	+1.92%	Beat	11	0 8 30d	-10.7%
Mar 31, 2023Mar 23 Reported Apr 26, 2023Reported Apr 26	$1.96	$1.90	$1.86 - $1.96	+3.16%	Beat	11	3 1 30d	+14.6%
Dec 31, 2022Dec 22 Reported Jan 25, 2023Reported Jan 25	$1.58	$1.57	$1.47 - $1.61	+0.64%	Beat	11	4 1 30d	+15.3%
Sep 30, 2022Sep 22 Reported Oct 19, 2022Reported Oct 19	$1.58	$1.51	$1.44 - $1.58	+4.64%	Beat	11	1 1 30d	+3.9%
Jun 30, 2022Jun 22 Reported Jul 20, 2022Reported Jul 20	$1.78	$1.70	$1.65 - $1.84	+4.71%	Beat	11	2 2 30d	+0.6%
Mar 31, 2022Mar 22 Reported Apr 20, 2022Reported Apr 20	$1.71	$1.70	$1.60 - $1.75	+0.59%	Beat	11	2 4 30d	-21.2%
Dec 31, 2021Dec 21 Reported Jan 26, 2022Reported Jan 26	$1.37	$1.43	$1.24 - $1.54	-4.20%	Miss	9	1 1 30d	-30.5%
Sep 30, 2021Sep 21 Reported Oct 20, 2021Reported Oct 20	$1.52	$1.44	$1.42 - $1.80	+5.56%	Beat	9	0 2 30d	-14.6%
Jun 30, 2021Jun 21 Reported Jul 21, 2021Reported Jul 21	$1.77	$1.69	$1.53 - $2.03	+4.73%	Beat	10	No revisions (30d)	-19.5%
Mar 31, 2021Mar 21 Reported Apr 22, 2021Reported Apr 22	$2.17	$2.14	$2.08 - $2.20	+1.40%	Beat	12	4 0 30d	+10.7%
Dec 31, 2020Dec 20 Reported Jan 27, 2021Reported Jan 27	$1.97	$1.83	$1.76 - $1.88	+7.65%	Beat	12	5 0 30d	+48.1%
Sep 30, 2020Sep 20 Reported Oct 27, 2020Reported Oct 27	$1.78	$1.76	$1.70 - $1.82	+1.14%	Beat	12	9 0 30d	+25.4%
Jun 30, 2020Jun 20 Reported Jul 22, 2020Reported Jul 22	$2.20	$2.04	$1.91 - $2.18	+7.84%	Beat	11	9 0 30d	+73.2%
Mar 31, 2020Mar 20 Reported Apr 29, 2020Reported Apr 29	$1.96	$1.86	$1.84 - $1.96	+5.38%	Beat	11	7 0 30d	+41.0%
Dec 31, 2019Dec 19 Reported Jan 29, 2020Reported Jan 29	$1.33	$1.30	$1.27 - $1.33	+2.31%	Beat	11	1 0 30d	+5.6%
Sep 30, 2019Sep 19 Reported Oct 23, 2019Reported Oct 23	$1.42	$1.38	$1.20 - $1.44	+2.90%	Beat	11	9 0 30d	+34.0%
Jun 30, 2019Jun 19 Reported Jul 24, 2019Reported Jul 24	$1.27	$1.32	$1.23 - $1.36	-3.79%	Miss	11	8 0 30d	+15.5%
Mar 31, 2019Mar 19 Reported Apr 24, 2019Reported Apr 24	$1.39	$1.38	$1.33 - $1.40	+0.72%	Beat	9	7 0 30d	+6.9%
Dec 31, 2018Dec 18 Reported Mar 18, 2019Reported Mar 18	$1.26	$1.16	$1.14 - $1.18	+8.62%	Beat	9	6 0 30d	+5.9%
Sep 30, 2018Sep 18 Reported Oct 24, 2018Reported Oct 24	$1.06	$0.94	$0.92 - $0.95	+12.77%	Beat	7	3 0 30d	+17.8%
Jun 30, 2018Jun 18 Reported Jul 25, 2018Reported Jul 25	$1.10	$1.05	$1.02 - $1.05	+4.76%	Beat	5	1 0 30d	+10.0%
Mar 31, 2018Mar 18 Reported Apr 25, 2018Reported Apr 25	$1.30	$1.22	$1.20 - $1.27	+6.56%	Beat	6	1 0 30d	+17.1%
Dec 31, 2017Dec 17 Reported Jan 31, 2018Reported Jan 31	$1.19	$0.88	$0.65 - $0.95	+35.23%	Beat	5	1 0 30d	+35.2%
Sep 30, 2017Sep 17 Reported Oct 25, 2017Reported Oct 25	$0.90	$0.90	$0.88 - $0.92	+0.00%	Beat	5	No revisions (30d)	-
Jun 30, 2017Jun 17 Reported Jul 26, 2017Reported Jul 26	$1.00	$0.92	$0.90 - $0.93	+8.70%	Beat	5	1 0 30d	-
Mar 31, 2017Mar 17 Reported Apr 26, 2017Reported Apr 26	$1.11	$0.96	-	+15.63%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Jan 25, 2017Reported Jan 25	$0.88	$0.84	-	+4.76%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield1.90%

Forward Annual Dividend$3.12

Payout Ratio35.66%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR+2.78%

5Y CAGR+4.84%

MKTX dividend history and ex-dividend dates Run MKTX in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	21.31	EV/EBITDA	12.63x
Price/FCF	36.20x	FCF Yield	2.76%
Profitability
Profit Margin	35.20%	Operating Margin	41.90%
ROE	23.10%	ROIC	21.73%
Financial Health
Debt/Equity	0.14x	Interest Coverage	62.58x
Current Ratio	1.76x	Quick Ratio	1.76x
Trading Statistics
Beta	0.79	Avg Volume	795.35K
52-Week High	$193.96	52-Week Low	$108.23

Technical Indicators Dashboard

Moving Averages

SMA 10$164.33

SMA 20$164.06

SMA 50$163.13

SMA 200$155.00

EMA 10$164.34

EMA 20$163.88

EMA 50$159.09

EMA 200$157.28

MACD

Line: 1.03Signal: 1.33Hist: -0.30

ADX

ADX: 66.0+DI: 29.6-DI: 8.1

Aroon & PSAR

Aroon Up100.0

Aroon Down4.0

PSAR$164.31

Bollinger Bands

Upper Band$164.81

Lower Band$163.32

%B Position91%(Upper)

Band Width0.82

RSI (14-Day)

Overbought

78.2

Momentum Oscillators

Stoch %K81.9

Stoch %D85.8

Williams %R-19.4

ROC (10d)0.2%

Momentum0.32

CCI (20d)118.1

MFI (14d)77.0

Volatility Measures

ATR (14d)$0.45(0.3%)

StdDev (20d)0.37

Hist Vol1.6%(Low)

Volume Flow

VWAP$164.59

OBV-3.1M

AD Line-379.1M

CMF (20d)-0.154

Volume Metrics

Avg Vol (20d)811.6K

Vol Ratio0.9x

VWMA (20d)$163.98

Pivot Points

R3$164.90

R2$164.80

R1$164.65

Pivot Point$164.54

S1$164.39

S2$164.29

S3$164.14

Advanced Oscillators

TSI59.59

Ultimate Osc43.0

KST8.35

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$218.41M	$233.38M	$207.40M	$210.58M	$224.29M	$206.93M	$201.76M	$207.94M	$197.25M	$211.66M	$194.56M	$173.00M
Cost of Revenue	$88.05M	$63.21M	$66.06M	$65.15M	$64.12M	$60.47M	$61.93M	$62.18M	$60.24M	$59.96M	$62.54M	$55.62M
Gross Profit	$130.37M	$170.17M	$141.34M	$145.43M	$160.17M	$146.46M	$139.84M	$145.76M	$137.00M	$151.69M	$132.01M	$117.39M

Operating Expenses	$40.49M	$69.25M	$64.41M	$60.82M	$62.91M	$55.29M	$67.12M	$53.53M	$55.16M	$59.61M	$51.32M	$53.63M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$17.74M	$18.27M	$28.83M	$17.34M	$35.77M	$33.80M	$17.29M	$16.66M	$16.27M	$31.61M	$18.85M	$33.18M
Operating Income	$89.88M	$100.92M	$76.92M	$84.61M	$97.26M	$91.17M	$72.71M	$92.23M	$81.84M	$92.08M	$80.69M	$63.75M

Interest Income	$4.69M	$4.31M	$5.45M	$5.85M	$5.93M	$7.17M	$6.72M	$6.95M	$6.40M	$5.97M	$6.27M	$6.59M
Interest Expense	$1.86M	$2.89M	$964,000	$171,000	$139,000	$213,000	$318,000	$346,000	$621,000	$316,000	$1.64M	$164,000
Income Before Tax	$89.76M	$103.89M	$79.79M	$93.64M	$97.42M	$96.15M	$84.59M	$92.90M	$86.34M	$96.72M	$83.81M	$71.74M
Income Tax Expense	$21.44M	$25.78M	$-12,608,000	$25.37M	$26.24M	$81.09M	$19.46M	$21.41M	$21.40M	$24.10M	$14.19M	$16.80M

Net Income	$68.11M	$77.88M	$92.24M	$68.18M	$71.15M	$15.06M	$65.14M	$71.49M	$64.94M	$72.61M	$69.63M	$54.94M

EBITDA	$108.21M	$127.92M	$102.33M	$115.39M	$118.61M	$116.37M	$105.07M	$113.76M	$106.95M	$116.83M	$106.62M	$90.96M
EBIT	$86.93M	$106.77M	$80.75M	$93.81M	$97.56M	$96.37M	$84.91M	$93.24M	$86.96M	$97.03M	$85.45M	$71.91M

* Some calculated fields are derived from available data when not provided by source

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News

Intercontinental Exchange Inc. (ICE) Stock forecasts

Intercontinental Exchange (ICE) is a vertically integrated operator of financial exchanges, known for owning the New York Stock Exchange. The company is pivoting back to fixed income with the acquisition of MarketAxess....

Yahoo Finance Australia•Oct 15, 2026 4:38 PM ET10/15/26•Somewhat-Bullish

Morgan Stanley raises MarketAxess stock target from USD 129.00 to USD 167.00

Morgan Stanley has increased its price target for MarketAxess (MKTX) from USD 129.00 to USD 167.00, maintaining an Equal Weight rating. This revision comes as MarketAxess prepares for a special shareholder meeting...

ad-hoc-news.de•Oct 15, 2026 2:43 PM ET10/15/26•Somewhat-Bullish

MKTX Q3'26 Earnings: revenue estimate is 219.80M USD

MarketAxess Holdings, Inc. (MKTX) is scheduled to release its Q3'26 earnings on October 21. Analysts project a revenue of $219.80 million and an EPS of $1.95 for the quarter. The article also provides a table showing...

TradingView•Oct 14, 2026 7:07 AM ET10/14/26•Neutral

MarketAxess Holdings Inc. (MKTX) stock price, news, quote and history

This article provides a comprehensive overview of MarketAxess Holdings Inc. (MKTX), including its stock price, historical data...

Yahoo Finance Singapore•Oct 13, 2026 9:07 PM ET10/13/26•Neutral

MarketAxess (NASDAQ:MKTX) General Counsel Sells 100 Shares of Stock

MarketAxess General Counsel Scott Pintoff sold 100 shares of MKTX stock for $16,465, reducing his ownership by 0.87% to 11,386 shares. The company recently reported strong quarterly earnings of $1.95 per share...

MarketBeat•Oct 13, 2026 5:37 PM ET10/13/26•Neutral

MKTX Valuation and Fair Value

P/E: 21.3x
Forward P/E: 18.6x
EV/EBITDA: 12.6x
P/FCF: 36.2x
PEG: 1.2x
P/B: 4.7x

See GNG's fair value

MKTX Profitability: Margins, ROIC and FCF

Gross margin: 67.5%
Operating margin: 41.9%
Net margin: 35.2%
ROIC: 21.7%
ROE: 23.1%
FCF margin: 18.4%
FCF yield: 2.8%

MKTX Competitors

Company	Ticker
Grupo Aval	AVAL
Hancock Whitney Corp	HWC
PJT Partners Inc	PJT
Riot Platforms, Inc.	RIOT
F.N.B. Corp	FNB
Home BancShares Inc	HOMB
Intercorp Financial Services Inc	IFS
Essent Group Ltd	ESNT

Sector: Financial Services

MKTX Analyst Ratings

Consensus: Hold
Analysts: 12
Strong Buy: 0
Buy: 0
Hold: 12
Sell: 0
Strong Sell: 0

MKTX Bull Case vs Bear Case

Bull case

MKTX earns a 21.7% return on invested capital.
MKTX converts 18.4% of revenue into free cash flow.
MKTX has a 35.2% net profit margin.

Bear case

MKTX's quarterly revenue changed -0.5% year over year.

MKTX Earnings: Beat Rate and Next Report

Beat rate: 8 of 8 quarters (100.0%)
Average surprise: 3.7%
EPS estimate (fiscal period ending Sep 30, 2026): $1.96
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 2 up, 4 down

MKTX Dividend

Forward yield: 1.9%
Payout ratio: 35.7%
3Y DPS growth: 2.8%
5Y DPS growth: 4.8%
Pay months: Mar, Jun, Sep, Dec

MKTX dividend history

Frequently Asked Questions About MKTX

What is MKTX's current dividend yield?

MarketAxess Holdings Inc (MKTX) has a forward dividend yield of 1.90%.

Does MKTX pay dividends?

Yes, MarketAxess Holdings Inc pays dividends with a forward dividend yield of 1.90%.

What is MKTX's P/E ratio?

MarketAxess Holdings Inc has a price-to-earnings (P/E) ratio of 21.31.

What is MKTX's market cap?

MarketAxess Holdings Inc (MKTX) has a market capitalization of $5.79B with a current stock price of $164.54.

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