MarketAxess Holdings (MKTX) Peer Comparison
$163.33
As on 18-Sep-2026 13:31EDT
Market cap
$5,736 Mln
Revenue (TTM)
$870 Mln
P/E Ratio
19.3
P/B Ratio
4.6
Div. Yield
1.9 %
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
Market cap ($ Mln) |
5,736 | 99,078 | 87,471 | 50,973 | 29,349 |
Revenue ($ Mln) |
870 | 6,773 | 13,424 | 8,707 | 5,061 |
Net Profit ($ Mln) |
306.40 | 4,272.10 | 4,027.00 | 1,968.00 | 1,353.10 |
Net Margin (%) |
35.23 | 63.08 | 30.00 | 22.60 | 26.73 |
RoE (%) |
25.64 | 15.47 | 13.56 | 16.25 | 25.14 |
Price to Earnings |
19.27 | 23.37 | 22.07 | 26.59 | 21.89 |
Price-To-Book |
4.63 | 3.74 | 2.97 | 4.25 | 5.22 |
Income Statement ($ Mln)
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Operating Revenue
|
869.77 | 6,772.60 | 13,424.00 | 8,707.00 | 5,061.30 |
|
Cost of Revenue
|
282.46 | 1,226.40 | 3,568.00 | 3,539.00 | 2,414.50 |
|
Gross Profit
|
593.40 | 5,613.60 | 7,821.00 | 3,939.00 | 2,306.70 |
|
Operating Expenses
|
234.98 | 1,137.20 | 3,826.00 | 2,418.00 | 866.10 |
|
Operating Profit (EBIT)
|
352.33 | 4,409.00 | 6,030.00 | 2,750.00 | 1,780.70 |
|
Other Income
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|
Profit before Tax
|
367.07 | 5,594.00 | 5,335.00 | 2,439.00 | 1,892.00 |
|
Provision for Tax
|
59.98 | 1,321.90 | 1,246.00 | 471.00 | 538.90 |
|
Profit after Tax (Net Income)
|
306.40 | 4,272.10 | 4,027.00 | 1,968.00 | 1,353.10 |
|
Minority Interest
|
-0.70 | 0.00 | -62.00 | 0.00 | 0.00 |
|
Consolidated Profit
|
0.00 | 0.00 | 1,667.00 | 0.00 | 0.00 |
Liabilities ($ Mln)
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
1,238.92 | 26,520.40 | 29,551.00 | 11,988.00 | 5,625.80 |
|
Minority Interest
|
-0.70 | 0.00 | -62.00 | 0.00 | 0.00 |
|
Non-Current Liabilities
|
225.66 | 9,438.90 | 24,019.00 | 11,774.00 | 1,197.00 |
|
Current Liabilities
|
943.20 | 158,785.30 | 120,576.00 | 3,574.00 | 3,786.50 |
|
Total Liabilities
|
1,808.61 | 198,548.40 | 136,887.00 | 31,053.00 | 9,305.30 |
Assets ($ Mln)
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
764.79 | 33,045.50 | 52,183.00 | 25,613.00 | 4,682.50 |
|
Current Assets
|
1,657.42 | 161,631.10 | 122,064.00 | 1,728.00 | 5,926.80 |
|
Total Assets
|
1,808.61 | 198,548.40 | 136,887.00 | 31,053.00 | 9,305.30 |
|
Total Debt*
|
178.91 | 3,424.20 | 20,527.00 | 9,243.00 | 1,555.30 |
|
Net Current Assets
|
714.23 | 2,913.80 | 1,488.00 | 28.00 | 2,140.30 |
Cashflow ($ Mln)
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
382.29 | 4,277.10 | 4,662.00 | 2,255.00 | 1,224.10 |
|
Cash Flow from Investing Activities
|
-96.72 | 1,498.80 | -4,249.00 | -1,100.00 | 450.20 |
|
Cash from Financing Activities
|
-332.37 | 56,509.50 | -6,334.00 | -2,953.00 | -371.60 |
|
Net Cash Inflow / Outflow
|
-- | -- | -- | -- | -- |
Ratios
Profitability Ratios
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
ROCE (%)
|
17.06 | 12.96 | 6.77 | 8.28 | 17.32 |
|
ROE (%)
|
25.64 | 15.47 | 13.56 | 16.25 | 25.14 |
|
ROA (%)
|
10.57 | 1.26 | 1.51 | 5.87 | 10.48 |
|
EBIT Margin (%)
|
42.34 | 76.80 | 40.46 | 29.19 | 38.07 |
|
Net Margin (%)
|
35.23 | 63.08 | 30.00 | 22.60 | 26.73 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
3.43 | 5.10 | 6.93 | 7.33 | 11.68 |
|
EBIT Growth (%)
|
-1.02 | 3.71 | 12.12 | 15.02 | 45.44 |
|
Net Profit Growth (%)
|
37.50 | 13.75 | 34.10 | 30.50 | 50.23 |
|
EPS Growth (%)
|
42.62 | 13.31 | 35.59 | 31.77 | 50.40 |
|
Book Value Growth (%)
|
-5.41 | -4.90 | 5.54 | 3.50 | 20.71 |
Valuation Ratios
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Price / Earnings
|
27.05 | 24.32 | 28.00 | 31.30 | -- |
|
Price / Book Value
|
5.82 | 3.42 | 3.20 | 4.58 | -- |
|
Dividend Yield (%)
|
-- | -- | -- | -- | -- |
|
EV/EBITDA
|
14.11 | 17.06 | 16.43 | 20.81 | -- |
|
Market Cap ($ Cr)
|
-- | -- | -- | -- | -- |
Solvency Ratios
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.09 | 0.13 | 0.63 | 0.71 | 0.14 |
|
Short term debt to equity ratio
|
0.05 | 0.00 | 0.04 | 0.02 | 0.12 |
|
Current Ratio
|
1.76 | 1.02 | 1.01 | 0.48 | 1.57 |
|
Quick Ratio
|
1.76 | 1.02 | 0.04 | 0.48 | 1.57 |
|
Interest Coverage
|
63.37 | 32.98 | 7.82 | 8.07 | 36.63 |
Operating Efficiency Ratios
| MarketAxess Holdings (MKTX) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
142.52 | 11.12 | 13.92 | 13.58 | 12.79 |
|
Asset Turnover
|
0.30 | 0.02 | 0.05 | 0.26 | 0.39 |
|
Receivable days
|
173.30 | 33.95 | 91.60 | 43.67 | 37.88 |
|
Inventory Days
|
-- | -- | -- | -- | -- |
|
Payable days
|
169.20 | 30.54 | 80.72 | 23.43 | 53.46 |
|
Cash Conversion Cycle
|
-- | -- | -- | -- | -- |