MarketAxess (MKTX) vs StoneX Group (SNEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
StoneX Group (SNEX) has outperformed MarketAxess (MKTX) over the past year, gaining 41.2% versus a loss of 2.4%. Over five years, SNEX leads with a +349.1% price change compared with -59.5% for MKTX. StoneX Group is the larger company by market cap ($7.41 billion vs $5.78 billion), about 1.3 times the size.
On valuation, StoneX Group trades at a lower forward P/E (13.0x vs 18.8x for MarketAxess). MarketAxess pays a dividend yielding 1.88%, while StoneX Group does not currently pay one. MarketAxess converts more of its revenue into profit, with a net margin of 29.1% versus 0.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MKTX | SNEX |
|---|---|---|
| Share price | $164.17 | $61.46 |
| Market cap | $5.78B | $7.41B |
| 1-day change | +0.09% | -6.88% |
| YTD return | -9.42% | +45.36% |
| 1-year return | -2.36% | +41.15% |
| 5-year return | -59.54% | +349.11% |
| P/E ratio (TTM) | 19.41 | 20.35 |
| Forward P/E | 18.76 | 12.99 |
| EPS (TTM) | $8.46 | $3.02 |
| Dividend yield | 1.88% | 0.00% |
| Annual dividend | $3.08 | $0.00 |
| Revenue (latest FY) | $846.27M | $132.38B |
| Revenue growth (YoY) | +3.57% | +32.53% |
| Net income (latest FY) | $246.63M | $305.90M |
| Gross margin | — | 3.12% |
| Operating margin | 40.39% | — |
| Net margin | 29.14% | 0.23% |
| 52-week high | $195.97 | $94.66 |
| 52-week low | $108.75 | $36.45 |
| Distance from 52-week high | -16.23% | -35.07% |
| Analyst consensus | none | none |
| Avg. price target upside | -3.76% | +22.03% |
| Average volume | 1.05M | 968.34K |
| Shares outstanding | 35.20M | 120.62M |
| Employees | 863 | 5,251 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- SNEX has outperformed MKTX by 43.5 percentage points over the past year.
- MarketAxess offers a meaningfully higher dividend yield (1.88% vs 0.00%).
- MarketAxess is more profitable, keeping 29.1 cents of every revenue dollar as net income versus 0.2 cents for StoneX Group.
- StoneX Group grew revenue faster in its latest fiscal year (+32.53% vs +3.57%).
About MarketAxess
MKTX stock →MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S.
Finance · Investment Bankers/Brokers/Service · 863 employees
About StoneX Group
SNEX stock →StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to a market ecosystem in the United States, Europe, South America, the Middle East, Asia, and internationally.
Finance · Investment Bankers/Brokers/Service · 5,251 employees
MKTX vs SNEX FAQ
Which is bigger, MarketAxess or StoneX Group?
StoneX Group (SNEX) is larger, with a market capitalization of $7.41B compared with $5.78B for MarketAxess (MKTX).
Which stock has performed better over the past year, MKTX or SNEX?
SNEX returned +41.15% over the past 12 months, compared with -2.36% for MKTX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MKTX or SNEX?
MKTX has the lower trailing P/E at 19.4, versus 20.4 for SNEX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, MarketAxess or StoneX Group?
MarketAxess pays a dividend yielding 1.88%, while StoneX Group does not currently pay a regular dividend.
Are MarketAxess and StoneX Group in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.