MarketAxess Holdings Inc. (MKTX) — Stock Score Summary

MarketAxess Holdings Inc. (MKTX) has a MoatMap StockRank of 40/100 based on Quality (73/100), Value (30/100), and Momentum (24/100) factor scores. The current signal is HOLD. MarketAxess is a high-quality business with strong network effects, but it currently lacks a powerful, unpriced macro tailwind from our 18-month themes to justify a high-conviction spot.

MarketAxess Holdings Inc. operates a premier electronic trading platform for fixed-income securities, predominantly focusing on corporate bonds and other credit products. The company benefits from significant network effects, as its growing pool of institutional participants enhances liquidity and price discovery, establishing it as a dominant venue for bond trading. Its proprietary technology and extensive market data services are actively transforming the traditionally over-the-counter fixed-income markets.

Key Financial Metrics

Price$116.51
Market Cap$4.7B
P/E (TTM)14.29
P/E (Forward)13.45
Price/Book3.60
Return on Equity24.3%
Return on Invested Capital24.3%
Debt/Equity24.25
Gross Margin62.1%
Operating Margin43.9%
Revenue Growth11.9%
Dividend Yield2.6%
Free Cash Flow$-254M

MarketAxess Holdings Inc. operates in the Capital Markets industry, part of the Financial Services sector (United States).

Frequently Asked Questions

What is MarketAxess Holdings Inc.’s (MKTX) StockRank?
MoatMap’s StockRank for MarketAxess Holdings Inc. (MKTX) is 40/100, with a Hold signal. It is a composite of Quality (73), Value (30), and Momentum (24) factor ranks across MoatMap’s 19,000+ stock universe.
Does MarketAxess Holdings Inc. have an economic moat?
MarketAxess Holdings Inc. (MKTX) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is MarketAxess Holdings Inc. a buy, hold, or sell?
MoatMap’s current signal for MarketAxess Holdings Inc. (MKTX) is Hold, based on a StockRank of 40/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is MarketAxess Holdings Inc. in?
MarketAxess Holdings Inc. (MKTX) operates in the Financial Services sector, specifically the Capital Markets industry (United States).