Marketaxess Holdings (MKTX) Asset Utilization Ratio (2011 - 2026)
Marketaxess Holdings' (MKTX) Asset Utilization Ratio stood at 0.37 in Q2 2026, down 15.2% from 0.43 a year earlier and down 10.4% from the prior quarter.
Marketaxess Holdings (MKTX) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Marketaxess Holdings' Asset Utilization Ratio came in at 0.45, up 5.8% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 0.43 in FY2024 (+3.4%), 0.42 in FY2023 (-9.2%), 0.46 in FY2022 (-6.3%) and 0.49 in FY2021 (-19.0%).
- The Q2 2026 figure is the lowest quarterly Asset Utilization Ratio in data going back to Q3 2011.
- On a year-over-year basis, Asset Utilization Ratio has declined for four consecutive quarters, with growth averaging 0.4% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 15.4% in Q1 2025, against a decline of 21.0% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.41 (Q1 2026), 0.43 (Q4 2025) and 0.42 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.48 Bn | 85.58 Bn | - | 0.10 |
| 2 | Bank of New York Mellon | 99.71 Bn | 39.09 Bn | - | 0.04 |
| 3 | Cme | 94.57 Bn | 94.57 Bn | - | 0.03 |
| 4 | Intercontinental Exchange | 85.38 Bn | 79.19 Bn | - | 0.08 |
| 5 | Nasdaq | 51.62 Bn | 49.05 Bn | 1.50 Bn | 0.32 |
| 6 | State Street | 48.84 Bn | 48.84 Bn | - | 0.04 |
| 7 | Interactive Brokers | 38.83 Bn | 32.29 Bn | - | 0.03 |
| 8 | Northern Trust | 31.65 Bn | 31.65 Bn | - | 0.03 |
| 9 | Cboe Global Markets | 27.38 Bn | 19.03 Bn | 731.60 Mn | 0.47 |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - | 0.37 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.39 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.45 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.45 |
Marketaxess Holdings Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MKTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MKTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();