15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $846M | $247M | 0.0% | 40.4% | 21.6% | 12.8% | $374M | — | $520M |
| 2024 | $817M | $274M | 0.0% | 41.7% | 19.7% | 15.3% | $375M | — | $544M |
| 2023 | $753M | $258M | 0.0% | 41.9% | 20.0% | 12.8% | $324M | — | $451M |
| 2022 | $718M | $250M | 0.0% | 45.5% | 23.1% | 15.6% | $276M | — | $431M |
| 2021 | $699M | $258M | 0.0% | 48.2% | 24.8% | 16.9% | $265M | — | $507M |
| 2020 | $689M | $299M | 0.0% | 54.4% | 31.3% | 22.5% | $389M | — | $461M |
| 2019 | $511M | $205M | 0.0% | 49.1% | 26.6% | 21.5% | $254M | — | $270M |
| 2018 | $436M | $173M | 0.0% | 48.8% | 28.4% | 24.9% | $188M | — | $246M |
| 2017 | $393M | $148M | 0.0% | 50.7% | 28.8% | 25.5% | $156M | — | $167M |
| 2016 | $368M | $126M | 0.0% | 51.7% | 27.0% | 23.9% | $83M | — | $168M |
| 2015 | — | $96M | — | — | 24.6% | 21.9% | $115M | — | $200M |
| 2014 | — | $75M | — | — | 22.4% | 19.7% | $105M | — | $169M |
| 2013 | — | $76M | — | — | 24.5% | 21.5% | $76M | — | $133M |
| 2012 | — | $60M | — | — | 24.7% | 21.5% | $76M | — | $129M |
| 2011 | — | $48M | — | — | 15.3% | 13.7% | $62M | — | $170M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $218M | $68M | 0.0% | 41.1% | 5.5% | 2.8% | $26M | — | $246M |
| Mar '26 | $233M | $78M | 0.0% | 43.2% | 6.5% | 3.4% | -$76M | — | $377M |
| Dec '25 | $209M | $92M | 0.0% | 36.3% | 8.1% | 4.8% | $155M | — | $520M |
| Sep '25 | $209M | $68M | 0.0% | 41.0% | 4.9% | 3.4% | $89M | — | $473M |
| Jun '25 | $219M | $71M | 0.0% | 41.9% | 5.1% | 3.6% | $103M | — | $463M |
| Mar '25 | $209M | $15M | 0.0% | 42.4% | 1.1% | 0.8% | $28M | — | $486M |
| Dec '24 | $202M | $65M | 0.0% | 39.5% | 4.7% | 3.6% | $176M | — | $544M |
| Sep '24 | $207M | $71M | 0.0% | 42.1% | 5.2% | 3.9% | $94M | — | $446M |
| Jun '24 | $198M | $65M | 0.0% | 41.2% | 4.9% | 3.4% | $111M | — | $434M |
| Mar '24 | $210M | $73M | 0.0% | 44.0% | 5.5% | 3.8% | -$6M | — | $377M |
| Dec '23 | $197M | $70M | 0.0% | 39.1% | 5.4% | 3.5% | $140M | — | $451M |
| Sep '23 | $172M | $55M | 0.0% | 38.8% | 4.6% | 3.2% | $73M | — | $420M |
| Jun '23 | $180M | $60M | 0.0% | 42.1% | 5.1% | 3.7% | $104M | — | $396M |
| Mar '23 | $203M | $74M | 0.0% | 46.9% | 6.6% | 4.5% | $7M | — | $333M |
| Dec '22 | $178M | $59M | 0.0% | 43.7% | 5.5% | 3.7% | $128M | — | $431M |
| Sep '22 | $172M | $59M | 0.0% | 44.3% | 5.8% | 3.8% | $81M | — | $319M |
| Jun '22 | $182M | $67M | 0.0% | 46.5% | 6.7% | 4.3% | $92M | — | $291M |
| Mar '22 | $186M | $65M | 0.0% | 47.4% | 6.3% | 3.8% | -$25M | — | $365M |
| Dec '21 | $165M | $52M | 0.0% | 44.0% | 5.0% | 3.4% | $143M | — | $507M |
| Sep '21 | $162M | $58M | 0.0% | 45.7% | 5.5% | 3.6% | $58M | — | $433M |
How the market has priced MKTX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Marketaxess Holdings Inc's revenue has grown 4.2% per year, and net income declined 3.8% per year. These are computed facts, not advice.
As of FY2025, Marketaxess Holdings Inc reported — of total debt against $520M of cash; operating income covered interest expense 230×.
In FY2025, gross margin was —, operating margin 40.4%, and net margin 29.2%.
As of Sep '26, Marketaxess Holdings Inc traded at a price-to-earnings ratio of about 23.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.