MarketAxess Holdings Inc.
MKTXFinancial ServicesNASDAQCapital Markets · Last scanned May 29, 2026
Scan Results
Daily timeframe1 of 4 indicators bullish as of May 28
Part of the financial services sector, MarketAxess Holdings Inc. (MKTX) is listed under Capital Markets. At a $4.68B market cap, MarketAxess Holdings Inc. ranks as a mid-cap company within financial services. The company offers trading technology to access liquidity on its platforms in U.S.
Market Cap
$4.68B
Beta
0.92
P/E (TTM)
15.61
P/E (Fwd)
14.67
EPS (TTM)
$8.43
EPS (Fwd)
$8.97
ROE
24.3%
ROA
10.8%
Cash
$477.6M
Total Debt
$292.0M
Free CF
-$253.8M
52W Change
-39.2%
Annual Financials
Cash vs Debt
With $477.6M in cash and $292.0M in debt, MKTX maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow is running at -$253.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 24.3% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 10.8% further supports the picture of efficient asset utilization. Revenue has been uneven over recent years, ranging from $718.3M to $846.3M.
The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for MarketAxess Holdings Inc. and its sector.