MARKETAXESS HOLDINGS INC
Company Stats
- Market Cap
- $5.8B
- as of Sep 30, 2026
- Shares Outstanding
- 35.2M
- Free Float
- 94.7%
Income Statement
- Revenue
- $846.3M
- Operating Income
- $341.8M
- Net Income
- $246.6M
- EBITDA
- $418.5M
- Revenue Growth, 3Y
- 5.6%
- FCF Margin, 3Y Avg
- 44.4%
- FCF Margin, Worst Year
- 43.1%
Cash Flow
- Free Cash Flow
- $373.9M
- FCF Yield
- 6.5%
- Owner FCF Yield
- 5.9%
Balance Sheet
- Cash & Equivalents
- $519.7M
Returns & Capital
- Dividends Paid
- $115.2M
- Dividend Yield
- 2.0%
- Dividend Payout, 3Y Avg
- 43.4%
- Share Repurchases
- $420.0M
- Buyback Yield, 3Y Avg
- 2.9%
- SBC, 3Y Avg
- $29.9M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $846.3M | $373.9M | 44.2% |
| FY2024 | $817.1M | $375.3M | 45.9% |
| FY2023 | $752.5M | $324.4M | 43.1% |
| FY2022 | $718.3M | $276.1M | 38.4% |
| FY2021 | $699.0M | $264.6M | 37.9% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Earnings
Other Coverage
October 23, 2026
Deal Scrutiny
MarketAxess deal gets early end to HSR waiting period
October 2, 2026
Deal Scrutiny
ICE deal gets more review time after antitrust refiling
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
August 14, 2026
Industry Earnings Roundup
Financial Services Earnings: Demand Strong, Costs Bite Back
July 30, 2026
Deals
Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Cash Deal
July 30, 2026
Deals
ICE to Buy MarketAxess in $5.7 Billion All-Cash Deal
MarketAxess deal gets early end to HSR waiting period
October 2, 2026
Deal Scrutiny
ICE deal gets more review time after antitrust refiling
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
August 14, 2026
Industry Earnings Roundup
Financial Services Earnings: Demand Strong, Costs Bite Back
July 30, 2026
Deals
Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Cash Deal
July 30, 2026
Deals
ICE to Buy MarketAxess in $5.7 Billion All-Cash Deal