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MarketAxess Holdings Inc. (MKTX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US57060D1081

CUSIP

57060D108

IPO Date

Nov 5, 2004

Highlights

Market Cap

$8.22B

EPS (TTM)

$7.29

PE Ratio

29.93

PEG Ratio

2.98

Total Revenue (TTM)

$606.37M

Gross Profit (TTM)

$421.46M

EBITDA (TTM)

$318.18M

Year Range

$186.84 - $294.70

Target Price

$232.75

Short %

3.74%

Short Ratio

1.52

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in MarketAxess Holdings Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


500.00%1,000.00%1,500.00%2,000.00%NovemberDecember2025FebruaryMarchApril
1,432.96%
373.79%
MKTX (MarketAxess Holdings Inc.)
Benchmark (^GSPC)

Returns By Period

MarketAxess Holdings Inc. had a return of -2.73% year-to-date (YTD) and 10.10% in the last 12 months. Over the past 10 years, MarketAxess Holdings Inc. had an annualized return of 10.27%, while the S&P 500 benchmark had an annualized return of 10.11%, indicating that MarketAxess Holdings Inc. performed slightly bigger than the benchmark.


MKTX

YTD

-2.73%

1M

1.92%

6M

-23.03%

1Y

10.10%

5Y*

-11.47%

10Y*

10.27%

^GSPC (Benchmark)

YTD

-6.06%

1M

-3.27%

6M

-4.87%

1Y

9.44%

5Y*

14.30%

10Y*

10.11%

*Annualized

Monthly Returns

The table below presents the monthly returns of MKTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-2.39%-12.27%12.22%1.22%-2.73%
2024-22.99%-5.06%2.74%-8.74%-0.24%0.80%11.47%8.79%5.70%12.97%-10.37%-12.62%-21.83%
202330.46%-5.96%14.60%-18.64%-14.23%-4.03%2.98%-10.27%-11.33%0.05%12.71%21.96%6.11%
2022-16.24%10.94%-10.81%-22.51%7.14%-9.11%5.77%-7.96%-10.50%9.69%10.10%4.09%-31.50%
2021-5.22%2.93%-10.44%-1.90%-4.34%-0.63%2.50%0.30%-11.60%-2.86%-13.56%16.61%-27.51%
2020-6.58%-8.27%2.54%36.82%11.91%-1.51%3.15%-5.84%-0.90%11.89%0.17%5.82%51.28%
20191.64%13.81%0.90%13.11%7.19%7.92%4.86%18.15%-17.63%12.55%9.71%-6.12%80.66%
2018-2.75%3.38%7.43%-8.65%7.78%-7.39%-2.07%-1.82%-5.97%17.47%4.06%-2.95%5.63%
201727.45%4.44%-3.96%2.68%-0.83%5.52%0.89%-4.74%-4.37%-5.70%12.43%3.32%38.28%
20164.16%2.17%5.38%-1.66%14.23%3.90%11.18%4.42%-1.75%-8.96%10.15%-11.37%32.70%
20155.94%5.03%4.16%3.56%3.27%4.88%5.42%-7.36%2.72%9.08%5.61%4.50%57.00%
2014-6.26%-5.65%0.30%-9.10%-0.60%1.33%4.01%5.08%4.99%4.51%1.67%9.36%8.32%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MKTX is 58, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MKTX is 5858
Overall Rank
The Sharpe Ratio Rank of MKTX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of MKTX is 5656
Sortino Ratio Rank
The Omega Ratio Rank of MKTX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of MKTX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of MKTX is 5858
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for MarketAxess Holdings Inc. (MKTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The chart of Sharpe ratio for MKTX, currently valued at 0.28, compared to the broader market-2.00-1.000.001.002.003.00
MKTX: 0.28
^GSPC: 0.46
The chart of Sortino ratio for MKTX, currently valued at 0.64, compared to the broader market-6.00-4.00-2.000.002.004.00
MKTX: 0.64
^GSPC: 0.77
The chart of Omega ratio for MKTX, currently valued at 1.08, compared to the broader market0.501.001.502.00
MKTX: 1.08
^GSPC: 1.11
The chart of Calmar ratio for MKTX, currently valued at 0.13, compared to the broader market0.001.002.003.004.005.00
MKTX: 0.13
^GSPC: 0.47
The chart of Martin ratio for MKTX, currently valued at 0.49, compared to the broader market-5.000.005.0010.0015.0020.00
MKTX: 0.49
^GSPC: 1.94

The current MarketAxess Holdings Inc. Sharpe ratio is 0.28. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of MarketAxess Holdings Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.28
0.46
MKTX (MarketAxess Holdings Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

MarketAxess Holdings Inc. provided a 1.36% dividend yield over the last twelve months, with an annual payout of $2.98 per share. The company has been increasing its dividends for 11 consecutive years.


0.40%0.60%0.80%1.00%1.20%1.40%$0.00$0.50$1.00$1.50$2.00$2.50$3.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$2.98$2.96$2.88$2.80$2.64$2.40$2.04$1.68$1.32$1.04$0.80$0.64

Dividend yield

1.36%1.31%0.98%1.00%0.64%0.42%0.54%0.80%0.65%0.71%0.72%0.89%

Monthly Dividends

The table displays the monthly dividend distributions for MarketAxess Holdings Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.76$0.00$0.00$0.76
2024$0.00$0.74$0.00$0.00$0.74$0.00$0.00$0.74$0.00$0.00$0.74$0.00$2.96
2023$0.00$0.72$0.00$0.00$0.72$0.00$0.00$0.72$0.00$0.00$0.72$0.00$2.88
2022$0.00$0.70$0.00$0.00$0.70$0.00$0.00$0.70$0.00$0.00$0.70$0.00$2.80
2021$0.00$0.66$0.00$0.00$0.66$0.00$0.00$0.66$0.00$0.00$0.66$0.00$2.64
2020$0.00$0.60$0.00$0.00$0.60$0.00$0.00$0.60$0.00$0.00$0.60$0.00$2.40
2019$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.51$0.00$2.04
2018$0.00$0.42$0.00$0.00$0.42$0.00$0.00$0.42$0.00$0.00$0.42$0.00$1.68
2017$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$1.32
2016$0.00$0.26$0.00$0.00$0.26$0.00$0.00$0.26$0.00$0.00$0.26$0.00$1.04
2015$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.80
2014$0.16$0.00$0.00$0.16$0.00$0.00$0.16$0.00$0.00$0.16$0.00$0.64

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%25.0%
MKTX: 1.4%
MarketAxess Holdings Inc. has a dividend yield of 1.36%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.
Payout Ratio
200.0%400.0%600.0%800.0%1,000.0%1,200.0%
MKTX: 41.0%
MarketAxess Holdings Inc. has a payout ratio of 40.99%, which is quite average when compared to the overall market. This suggests that MarketAxess Holdings Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-61.28%
-10.07%
MKTX (MarketAxess Holdings Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the MarketAxess Holdings Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MarketAxess Holdings Inc. was 80.60%, occurring on Oct 17, 2008. Recovery took 566 trading sessions.

The current MarketAxess Holdings Inc. drawdown is 61.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-80.6%Nov 23, 2004983Oct 17, 2008566Jan 18, 20111549
-66.44%Dec 23, 20201044Feb 20, 2025
-32.71%Sep 9, 2019136Mar 23, 202017Apr 16, 2020153
-32.34%Nov 22, 2013158Jul 11, 2014111Dec 17, 2014269
-30.38%Mar 29, 201264Jun 28, 2012127Jan 2, 2013191

Volatility

Volatility Chart

The current MarketAxess Holdings Inc. volatility is 8.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
8.96%
14.23%
MKTX (MarketAxess Holdings Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of MarketAxess Holdings Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how MarketAxess Holdings Inc. is priced in the market compared to other companies in the Capital Markets industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio
20.040.060.080.0100.0
MKTX: 29.9
The chart displays the Price-to-Earnings (P/E) ratio for MKTX, comparing it with other companies in the Capital Markets industry. Currently, MKTX has a P/E ratio of 29.9. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PEG Ratio
2.04.06.08.010.0
MKTX: 3.0
The chart shows the Price/Earnings to Growth (PEG) ratio for MKTX compared to other companies in the Capital Markets industry. MKTX currently has a PEG ratio of 3.0. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
2.04.06.08.010.0
MKTX: 10.1
This chart shows the Price-to-Sales (P/S) ratio for MKTX relative to other companies in the Capital Markets industry. Currently, MKTX has a P/S ratio of 10.1. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
2.04.06.08.010.0
MKTX: 5.9
The chart illustrates the Price-to-Book (P/B) ratio for MKTX in comparison with other companies in the Capital Markets industry. Currently, MKTX has a P/B value of 5.9. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items