Marketaxess Holdings (MKTX) EBIT Margin (2010 - 2026)
Marketaxess Holdings (MKTX) posted EBIT Margin of 43.24% for Q1 2026, up 19.13% sequentially from 36.3% in Q4 2025, and up 87.0% YoY from 23.12% in Q1 2025.
Marketaxess Holdings (MKTX) EBIT Margin (2010 - 2026) Analysis & Trends
Marketaxess Holdings has reported EBIT Margin for 17 years, with the latest figure at 43.24% in Q1 2026.
- Quarterly EBIT Margin rose 87.0% year-over-year to 43.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 40.68% (down 62.0% YoY) and the FY2025 annual result came in at 40.39%, down 132.0% from the prior year.
- EBIT Margin rose to 43.24% in Q1 2026 per MKTX's latest filing, from 36.3% in the prior quarter.
- Over five years, EBIT Margin peaked at 47.35% in Q1 2022 and troughed at 36.3% in Q4 2025.
- A 5-year average of 42.37% and a median of 42.11% in 2024 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2022 and 2024: EBIT Margin plunged 558 bps in 2022, then surged 328 bps in 2024.
- Over 5 years, EBIT Margin stood at 43.66% in 2022, then slipped by 11 bps to 39.05% in 2023, then grew by 1 bps to 39.51% in 2024, then fell by 8 bps to 36.3% in 2025, then gained by 19 bps to 43.24% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 43.24%, 36.3%, and 40.98% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 95.89% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 131.07% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 63.04% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 35.93% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 138.98% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 11.90% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 43.88% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.90% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 64.41% |
| 10 | Marketaxess Holdings | 5.72 Bn | 5.42 Bn | - | 41.15% |
Historic Data
Download 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% |