MarketAxess Financial Ratios
NASDAQ: MKTXFinanceInvestment Bankers/Brokers/ServiceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MarketAxess ratio analysis
MarketAxess earned a net margin of 29.1% in FY 2025, down from 33.6% a year earlier. Return on equity reached 21.5%, meaning MarketAxess generated 0.22 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.19 versus 0.00 the year before.
At the end of FY 2025, MKTX traded at 26.9 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 26.9 to 72.7, with a median of 45.4. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
MarketAxess financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 26.89 | 31.11 | 42.75 | 41.94 | 60.75 | 72.68 | 70.38 | 46.89 | 51.86 | 43.99 |
| Price / sales | 7.82 | 10.42 | 14.61 | 14.55 | 22.07 | 30.93 | 27.56 | 18.18 | 18.71 | 14.63 |
| Price / book | 5.78 | 6.13 | 8.50 | 9.67 | 14.81 | 22.32 | 18.30 | 13.03 | 14.45 | 11.57 |
| Operating margin | 40.4% | 41.7% | 41.9% | 45.5% | 48.2% | 54.4% | 49.1% | 48.8% | 50.2% | 51.4% |
| Net margin | 29.1% | 33.6% | 34.3% | 34.8% | 36.9% | 43.4% | 40.1% | 39.7% | 37.3% | 34.1% |
| Free cash flow margin | 44.2% | 45.9% | 43.1% | 38.4% | 37.9% | 56.5% | 49.6% | 43.2% | 39.2% | 22.5% |
| Return on equity (ROE) | 21.5% | 19.7% | 20.0% | 23.1% | 24.8% | 31.3% | 26.6% | 28.4% | 28.8% | 27.0% |
| Return on assets (ROA) | 12.7% | 15.3% | 12.8% | 15.6% | 16.9% | 22.5% | 21.5% | 24.9% | 25.5% | 23.9% |
| Debt / equity | 0.19 | 0.00 | — | — | — | — | — | — | — | — |
| Revenue growth | 3.6% | 8.6% | 4.8% | 2.8% | 1.4% | 34.8% | 17.4% | 9.6% | 7.4% | 22.0% |
| EPS growth | -8.8% | 6.3% | 3.0% | -1.8% | -13.8% | 45.4% | 18.2% | 17.5% | 16.5% | 31.0% |