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

165.60 0.01 −0.01%
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/S ratio

Alert me on P/S ratio

As of 5 November 2026, MarketAxess Holdings Inc. (MKTX) trades at a P/S ratio of 6.7×. Over the past ten years it has ranged from 4.4× (June 2026) to 35.0× (June 2020); the current reading is higher than 5% of that period. That is above the Capital Markets industry median of 2.1× and above the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 7.9× (23.70%)
FY2024 10.4× (27.22%)
FY2023 14.3× (3.82%)
FY2022 14.9× (32.67%)
FY2021 22.1× (28.65%)
FY2020 30.9× 12.51%
FY2019 27.5× 53.34%
FY2018 17.9× (6.03%)
FY2017 19.1× 26.80%
FY2016 15.0× 11.39%

Quarterly newest first

Period P/S ratio Change
Sep 2026 6.6× 44.23%
Jun 2026 4.6× (31.32%)
Mar 2026 6.7× (15.76%)
Dec 2025 7.9× 3.25%
43 more quarters

Against its own ten years

Low 4.4× High 35.0×
Ten-year median 16.3×
Current reading's percentile 5

P/S ratio against peers

Company P/S ratio
GLXY Galaxy Digital Inc. compare 0.0×
BGC BGC Group, Inc. compare 1.5×
MRX Marex Group PLC compare 2.3×
MC Moelis & Company compare 2.8×
FIGR Figure Technology Solutions, Inc. compare 6.7×
MKTX MarketAxess Holdings Inc. 6.7×
RIOT Riot Platforms, Inc. compare 8.0×
HUT Hut 8 Corp. compare 18.9×
WULF TeraWulf Inc. compare 29.7×
Capital Markets industry median 2.1×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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