MarketAxess Holdings Inc. (MKTX)$137.13

Market Cap: 8.44 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for MarketAxess Holdings Inc. (MKTX).

FINANCIAL

CAPITAL MARKETS

DCF ready

Valuation

21.2x

EV/FCF, 4.7% FCF yield

Quality

21.6%

ROIC, 44.2% FCF margin

Growth

4.2%

5Y sales (revenue) CAGR

Balance sheet

0.0x

Debt/equity, N/A current ratio

Superinvestors

Top: First Eagle Investment Management (0.0%)

Strengths to research

Return on equity is strong at 21.6%.
Free cash flow margin is healthy at 44.2%.
Debt/equity looks manageable at 0.0x.
10 annual periods are available for trend analysis.

Watchouts

No major valuation, balance sheet, or growth watchouts were detected by the static screen.

Annual data: 10 periods

Quarterly data: 24 periods

Stock snapshot: May 25, 2026

Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for MKTX.

Grade B

/ 100

Peer Comparison

Target stock against 8 market-cap comparable peers.

Heat map: red worst to green best


MKTX Target	MarketAxess Holdings Inc.	$8.4B	20.7x	21.2x	21.6%	4.2%	44.2%	N/A	-1.2x	N/A
EVR	Evercore Inc.	$8.2B	24.6x	5.7x	29.1%	11.2%	30.5%	N/A	N/A	N/A
JEF	Jefferies Financial Group Inc.	$10.1B	18.4x	-7.0x	2.6%	7.2%	-30.7%	N/A	N/A	N/A
HLI	Houlihan Lokey Inc.	$11.5B	24.4x	15.2x	18.2%	11.4%	26.0%	N/A	-2.1x	N/A
BGC	BGC Group Inc.	$4.7B	36.1x	14.3x	6.2%	7.6%	15.3%	N/A	N/A	N/A
PIPR	Piper Sandler Companies	$4.4B	5.1x	6.1x	20.5%	7.9%	32.0%	N/A	N/A	N/A
MC	Moelis & Co.	$4.0B	N/A	6.4x	45.7%	N/A	N/A	N/A	-1.9x	N/A
LAZ	Lazard Inc.	$3.6B	22.1x	7.9x	9.3%	3.8%	15.3%	N/A	0.6x	N/A
LPLA	LPL Financial Holdings Inc.	$26.7B	26.2x	-33.5x	6.8%	23.7%	-5.8%	N/A	N/A	N/A

Financial Charts

No financial data available for MKTX (annual).

1 superinvestors own MKTX

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership

Fund	Shares	Value	% Portfolio	QoQ Change
First Eagle Investment Management First Eagle Investment Management	22	$4,000	0.00%	0.0%