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. In the quarter to June 2026, revenue was flat, EPS grew 1.05% and free cash flow fell 83.7%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten.
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MarketAxess Holdings Inc. (MKTX) P/E ratio
As of 16 October 2026, MarketAxess Holdings Inc. (MKTX) trades at a P/E ratio of 19.4×. Over the past ten years it has ranged from 12.9× (June 2026) to 85.1× (June 2020); the current reading is higher than 4% of that period. That is above the Capital Markets industry median of 14.2× and above the Financial sector median of 12.4×.
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 |
|---|---|---|
| Jun 2026 | 13.4× | (31.37%) |
| Mar 2026 | 19.5× | (28.40%) |
| Dec 2025 | 27.2× | (8.15%) |
| Sep 2025 | 29.6× | (21.19%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| WULF TeraWulf Inc. compare | n/m |
| RIOT Riot Platforms, Inc. compare | n/m |
| GLXY Galaxy Digital Inc. compare | n/m |
| SNEX StoneX Group Inc. compare | 12.8× |
| PIPR Piper Sandler Companies compare | 14.2× |
| MRX Marex Group PLC compare | 16.7× |
| FIGR Figure Technology Solutions, Inc. compare | 17.7× |
| MKTX MarketAxess Holdings Inc. | 19.4× |
| BGC BGC Group, Inc. compare | 28.3× |
| Capital Markets industry median | 14.2× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
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)