See more : A.M. Castle & Co. (CTAM) Income Statement Analysis – Financial Results
Complete financial analysis of MarketAxess Holdings Inc. (MKTX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MarketAxess Holdings Inc., a leading company in the Financial – Capital Markets industry within the Financial Services sector.
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MarketAxess Holdings Inc. (MKTX)
About MarketAxess Holdings Inc.
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 752.55M | 718.30M | 698.95M | 689.13M | 511.35M | 435.57M | 397.47M | 369.92M | 303.10M | 262.77M | 238.73M | 198.20M | 181.10M | 146.23M | 114.44M | 93.09M | 93.64M | 83.32M | 78.56M | 75.80M | 58.46M | 18.70M | 6.60M |
| Cost of Revenue | 269.63M | 182.10M | 170.92M | 156.89M | 131.08M | 109.12M | 102.75M | 96.79M | 83.86M | 75.00M | 64.41M | 60.36M | 58.79M | 74.93M | 61.84M | 55.01M | 53.79M | 49.78M | 43.89M | 39.55M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 482.92M | 536.20M | 528.04M | 532.24M | 380.27M | 326.45M | 294.72M | 273.13M | 219.24M | 187.78M | 174.33M | 137.84M | 122.31M | 71.30M | 52.60M | 38.07M | 39.85M | 33.53M | 34.67M | 36.25M | 58.46M | 18.70M | 6.60M |
| Gross Profit Ratio | 64.17% | 74.65% | 75.55% | 77.23% | 74.37% | 74.95% | 74.15% | 73.84% | 72.33% | 71.46% | 73.02% | 69.55% | 67.54% | 48.76% | 45.96% | 40.90% | 42.56% | 40.25% | 44.13% | 47.82% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 6.70M | 0.48 | 0.54 | 0.50 | 0.50 | 0.51 | 0.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 69.19M | 120.23M | 112.22M | 92.52M | 79.66M | 70.92M | 58.12M | 54.76M | 46.65M | 46.10M | 48.29M | 37.45M | 90.70M | 10.96M | 74.72M | 6.41M | 13.53M | 16.43M | 6.62M | 4.26M | 39.87M | 24.29M | 6.15M |
| Selling & Marketing | 11.05M | 9.98M | 9.06M | 7.94M | 11.56M | 12.11M | 9.76M | 8.93M | 6.15M | 5.77M | 4.63M | 5.47M | 4.88M | 3.08M | 2.88M | 2.78M | 1.91M | 1.77M | 2.58M | 2.53M | 2.29M | 2.59M | 1.78M |
| SG&A | 80.24M | 130.21M | 121.28M | 100.46M | 91.22M | 83.03M | 67.88M | 63.69M | 52.80M | 51.86M | 52.92M | 42.92M | 95.59M | 14.04M | 77.60M | 9.19M | 1.91M | 1.77M | 9.20M | 6.79M | 42.16M | 26.88M | 7.93M |
| Other Expenses | 87.66M | 79.11M | 69.52M | 57.05M | 38.17M | -610.00K | 25.07M | 17.84M | 18.54M | 17.38M | 14.12M | 8.23M | 6.78M | 6.35M | 6.79M | 7.88M | 74.49M | 72.94M | 57.80M | 0.00 | 11.89M | 0.00 | 63.76M |
| Operating Expenses | 167.90M | 209.32M | 190.80M | 157.51M | 129.39M | 113.86M | 92.95M | 81.53M | 71.34M | 69.24M | 67.05M | 51.16M | 102.37M | 20.39M | 84.39M | 80.25M | 76.39M | 74.71M | 67.00M | 58.48M | 54.06M | -28.57M | 71.69M |
| Cost & Expenses | 437.53M | 391.42M | 361.72M | 314.40M | 260.47M | 222.98M | 195.70M | 178.32M | 155.20M | 144.24M | 131.45M | 111.52M | 102.37M | 95.32M | 84.39M | 80.25M | 76.39M | 74.71M | 67.00M | 58.48M | 54.06M | -28.57M | 71.69M |
| Interest Income | 22.43M | 5.04M | 401.00K | 2.45M | 8.06M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.06M | 0.00 | 0.00 | 1.22M | 0.00 | 5.24M | 4.60M | 3.16M | 0.00 | 371.13K | 742.49K | 0.00 |
| Interest Expense | 1.98M | 700.00K | 842.00K | 1.14M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 76.41M | 391.89M | 363.77M | 314.40M | 260.47M | 222.98M | 195.70M | 178.32M | 18.54M | 17.38M | 14.12M | 8.23M | 6.78M | 6.35M | 6.79M | 7.88M | 7.17M | 6.73M | 4.61M | 3.47M | 4.69M | 6.83M | 5.13M |
| EBITDA | 395.10M | 393.97M | 397.51M | 417.57M | 284.28M | 241.17M | 221.04M | 209.44M | 166.44M | 135.92M | 121.40M | 94.92M | 85.51M | 57.26M | 36.84M | 20.71M | 24.42M | 15.33M | 16.17M | 20.78M | 9.09M | -30.09M | -59.97M |
| EBITDA Ratio | 52.50% | 55.75% | 55.48% | 59.36% | 52.74% | 52.70% | 55.61% | 56.62% | 54.91% | 51.72% | 50.85% | 47.89% | 47.22% | 39.16% | 32.19% | 22.25% | 26.08% | 18.40% | 20.58% | 27.42% | 15.55% | 285.69% | -908.90% |
| Operating Income | 315.02M | 326.88M | 337.24M | 374.73M | 250.88M | 212.58M | 201.77M | 191.60M | 147.90M | 118.54M | 107.28M | 86.69M | 78.73M | 50.91M | 30.05M | 12.83M | 17.25M | 8.60M | 11.56M | 17.32M | 4.40M | 47.27M | -65.10M |
| Operating Income Ratio | 41.86% | 45.51% | 48.25% | 54.38% | 49.06% | 48.81% | 50.76% | 51.80% | 48.80% | 45.11% | 44.94% | 43.74% | 43.48% | 34.82% | 26.26% | 13.79% | 18.42% | 10.33% | 14.72% | 22.85% | 7.53% | 252.78% | -986.60% |
| Total Other Income/Expenses | 17.68M | 11.41M | -3.31M | -369.00K | 6.54M | 5.50M | -25.07M | -17.84M | 0.00 | -16.48M | -15.32M | -2.68M | -6.78M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -4.56M | 0.00 | 0.00 | 84.70M | 0.00 |
| Income Before Tax | 332.70M | 338.29M | 333.92M | 374.36M | 257.42M | 218.09M | 201.77M | 191.60M | 147.90M | 118.54M | 107.28M | 86.69M | 78.73M | 50.91M | 30.05M | 12.83M | 17.25M | 8.60M | 11.56M | 17.32M | 4.40M | 47.95M | -65.10M |
| Income Before Tax Ratio | 44.21% | 47.10% | 47.77% | 54.32% | 50.34% | 50.07% | 50.76% | 51.80% | 48.80% | 45.11% | 44.94% | 43.74% | 43.48% | 34.82% | 26.26% | 13.79% | 18.42% | 10.33% | 14.72% | 22.85% | 7.53% | 256.39% | -986.60% |
| Income Tax Expense | 74.65M | 88.06M | 76.04M | 74.98M | 52.52M | 45.23M | 53.68M | 65.43M | 51.86M | 43.73M | 38.72M | 26.62M | 31.03M | 19.48M | 13.95M | 4.94M | 6.93M | 3.18M | 3.42M | -41.33M | 189.50K | 83.35M | 0.00 |
| Net Income | 258.06M | 250.22M | 257.89M | 299.38M | 204.90M | 172.85M | 148.09M | 126.17M | 96.04M | 74.81M | 76.02M | 60.07M | 47.70M | 31.43M | 16.10M | 7.90M | 10.32M | 5.42M | 8.14M | 58.65M | 4.21M | -36.08M | -65.10M |
| Net Income Ratio | 34.29% | 34.84% | 36.90% | 43.44% | 40.07% | 39.68% | 37.26% | 34.11% | 31.69% | 28.47% | 31.84% | 30.31% | 26.34% | 21.49% | 14.07% | 8.49% | 11.02% | 6.51% | 10.36% | 77.37% | 7.21% | -192.90% | -986.60% |
| EPS | 6.87 | 6.68 | 6.88 | 8.01 | 5.53 | 4.68 | 4.02 | 3.42 | 2.62 | 2.03 | 2.06 | 1.65 | 1.29 | 0.86 | 0.44 | 0.23 | 0.32 | 0.18 | 0.29 | 6.76 | -2.20 | -10.92 | -21.01 |
| EPS Diluted | 6.85 | 6.65 | 6.77 | 7.85 | 5.40 | 4.57 | 3.89 | 3.34 | 2.55 | 1.97 | 2.01 | 1.59 | 1.20 | 0.80 | 0.42 | 0.22 | 0.30 | 0.15 | 0.23 | 1.88 | -2.20 | -1.21 | -21.01 |
| Weighted Avg Shares Out | 37.55M | 37.47M | 37.51M | 37.36M | 37.08M | 36.96M | 36.86M | 36.84M | 36.69M | 36.93M | 36.89M | 36.52M | 37.01M | 33.16M | 33.26M | 32.83M | 32.29M | 30.56M | 28.16M | 7.10M | 3.29M | 3.30M | 3.10M |
| Weighted Avg Shares Out (Dil) | 37.65M | 37.64M | 38.10M | 38.14M | 37.96M | 37.86M | 38.04M | 37.74M | 37.64M | 37.89M | 37.89M | 37.82M | 39.61M | 39.05M | 38.08M | 35.74M | 34.45M | 35.08M | 35.51M | 30.64M | 3.29M | 29.92M | 3.10M |
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MarketAxess (MKTX) Q2 Earnings Beat on Higher Commissions
MarketAxess' (MKTX) second-quarter earnings benefit from improved commissions. However, rising expenses and lesser trading activity of U.S. high-yield partially offset the positives.
Compared to Estimates, MarketAxess (MKTX) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for MarketAxess (MKTX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates...
MarketAxess (MKTX) Q2 Earnings Surpass Estimates
MarketAxess (MKTX) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.63 per share a year ago.
Seeking Clues to MarketAxess (MKTX) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Evaluate the expected performance of MarketAxess (MKTX) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Will Strong Commissions Aid MarketAxess' (MKTX) Q2 Earnings?
MarketAxess' (MKTX) second-quarter earnings are expected to benefit from improved commissions and information services revenues. However, rising expenses might have offset the positives.
MarketAxess (MKTX) Earnings Expected to Grow: Should You Buy?
MarketAxess (MKTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MarketAxess (MKTX) Hits High Notes in Q2 Trading Volume Surge
MarketAxess' (MKTX) total portfolio trading volume surges 142.8% year over year in the second quarter to $55 billion.
Source: https://incomestatements.info
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