NASDAQ · MKTX
MarketAxess Holdings Inc.
Financial Services · Financial - Capital Markets
$163.32▼ 0.02% ($0.03)at close
As of 4:00 PM ET
Market cap
$5.75B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 10.93% over the last year. Revenue grew 3.43% over the trailing twelve months. Operating margin moved from 42.02% to 40.51%. Free cash flow declined 54.54% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 40.51%. A decisive move in revenue — currently up 3.43% — would be the clearest signal to resolve the ambiguity.
Performance
Return analysis
Company profile
MarketAxess Holdings Inc. develops and operates a premier electronic trading platform, serving institutional investors and broker-dealers globally.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
2
Buy
19
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 6, 2026
Q4 FY26 · EPS est $1.95 · Revenue est $219.8M
View
Dividends
$3.10/shareQuarterlyDividend Achiever · 12yrMKTX pays a dividend with a 1.9% dividend yield, 12 consecutive years of growth.
Dividend Yield
1.9%
Annual Div / Share
$3.10
5yr CAGR
+3.74%
Payout Ratio
37.01%
Bank — specialized metrics apply
Dividend Growth Rate
3yr CAGR
+2.72%
5yr CAGR
+3.74%
10yr CAGR
+12.21%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$2/mo
In 10 yrs
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$19/yr $2/mo | $19/yr $2/mo | $19/yr $2/mo |
5yr and 10yr income use the current dividend with no growth assumption because bank payout growth depends on earnings cycles, regulation, and capital policy.
Analysis
Dividend Strengths
Dividend Achiever
MKTX has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
No strong risk signal stands out from the latest period pair.