MarketAxess Holdings Inc.

MKTX Financial Capital Markets

MarketAxess Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $846.3 million, up 3.57% from fiscal 2024.

Revenue
+0.76%
EPS
−16.9%
Free cash flow
−83.7%

Quarter to September 2026, against a year earlier

165.63 0.09 +0.05%
Market cap
$5.8B
P/E
20.2×
Fwd P/E
21.3×
Dividend yield
1.87%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MarketAxess Holdings Inc. (MKTX) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, MarketAxess Holdings Inc. (MKTX) trades at a P/E ratio of 20.2×. Over the past ten years it has ranged from 12.9× (June 2026) to 85.1× (June 2020); the current reading is higher than 5% of that period. That is above the Capital Markets industry median of 14.4× and above the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 27.2× (12.48%)
FY2024 31.0× (25.42%)
FY2023 41.6× (2.51%)
FY2022 42.7× (28.66%)
FY2021 59.9× (15.85%)
FY2020 71.1× 3.77%
FY2019 68.6× 51.83%
FY2018 45.2× (10.86%)
FY2017 50.7× 15.69%
FY2016 43.8× 2.80%

Quarterly newest first

Period P/E ratio Change
Sep 2026 20.0× 49.90%
Jun 2026 13.4× (31.37%)
Mar 2026 19.5× (28.40%)
Dec 2025 27.2× (8.15%)
43 more quarters

Against its own ten years

Low 12.9× High 85.1×
Ten-year median 45.8×
Current reading's percentile 5

P/E ratio against peers

Company P/E ratio
WULF TeraWulf Inc. compare n/m
HUT Hut 8 Corp. compare n/m
RIOT Riot Platforms, Inc. compare n/m
GLXY Galaxy Digital Inc. compare n/m
MRX Marex Group PLC compare 15.3×
MC Moelis & Company compare 19.3×
MKTX MarketAxess Holdings Inc. 19.5×
FIGR Figure Technology Solutions, Inc. compare 19.6×
BGC BGC Group, Inc. compare 25.7×
Capital Markets industry median 14.4×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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