Marketaxess Holdings (MKTX) EBIT Margin (2010 - 2026)
Marketaxess Holdings' EBIT Margin came in at 41.15% for Q2 2026, down 0.71 percentage points from 41.86% a year earlier and down 2.09 percentage points from the prior quarter.
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Analysis
Marketaxess Holdings (MKTX) EBIT Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marketaxess Holdings reported EBIT Margin of 40.50%, down 0.98 percentage points year-over-year; for FY2025, it came in at 40.39%, down 1.32 percentage points from FY2024.
- EBIT Margin has declined in each of the last five years, with a five-year change of -13.98 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was 41.72% in FY2024 (-0.14 pp), 41.86% in FY2023 (-3.65 pp), 45.51% in FY2022 (-2.74 pp) and 48.25% in FY2021 (-6.13 pp).
- The five-year range for quarterly EBIT Margin is 36.30% (Q4 2025) to 47.35% (Q1 2022).
- Year-over-year, EBIT Margin increased in four of the last eight quarters, with an average year-over-year change of -0.17 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q3 2024 (a gain of 3.28 percentage points), and the weakest in Q4 2021 (a drop of 9.54 percentage points).
- Business Quant data shows MKTX's EBIT Margin at 43.24% (Q1 2026), 36.30% (Q4 2025) and 40.98% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 66.36% |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 119.30% |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 64.89% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 38.52% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 28.12% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 83.30% |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 138.98% |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 191.07% |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 32.99% |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - | 41.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.15% |
| Mar 31, 2026 | 43.24% |
| Dec 31, 2025 | 36.30% |
| Sep 30, 2025 | 40.98% |
| Jun 30, 2025 | 41.86% |
| Mar 31, 2025 | 42.37% |
| Dec 31, 2024 | 39.51% |
| Sep 30, 2024 | 42.11% |
| Jun 30, 2024 | 41.15% |
| Mar 31, 2024 | 43.98% |
| Dec 31, 2023 | 39.05% |
| Sep 30, 2023 | 38.84% |
| Jun 30, 2023 | 42.11% |
| Mar 31, 2023 | 46.93% |
| Dec 31, 2022 | 43.66% |
| Sep 30, 2022 | 44.34% |
| Jun 30, 2022 | 46.53% |
| Mar 31, 2022 | 47.35% |
| Dec 31, 2021 | 43.97% |
| Sep 30, 2021 | 45.65% |
API Access
Marketaxess Holdings EBIT Margin 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=ebit-margin&ticker=MKTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();