Marketaxess Holdings (MKTX) EBITDA Margin (2010 - 2026)
Marketaxess Holdings (MKTX) reported EBITDA Margin of 49.99% for Q2 2026, down 0.61 percentage points from 50.61% a year earlier and down 1.48 percentage points from the prior quarter.
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Analysis
Marketaxess Holdings (MKTX) EBITDA Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marketaxess Holdings' EBITDA Margin came in at 49.44%, down 0.96 percentage points year-over-year; for FY2025, it came in at 49.46%, down 1.30 percentage points from FY2024.
- EBITDA Margin has declined for five consecutive years, with a five-year change of -10.14 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 50.75% in FY2024 (-0.48 pp), 51.24% in FY2023 (-2.83 pp), 54.06% in FY2022 (-1.83 pp) and 55.90% in FY2021 (-3.71 pp).
- Five-year quarterly EBITDA Margin spans a low of 45.66% in Q4 2025 and a high of 55.51% in Q1 2022.
- Year over year, EBITDA Margin gained in three of the last eight quarters, with an average year-over-year change of -0.44 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q3 2024 (a gain of 2.14 percentage points); the low point was Q4 2021 (a drop of 6.88 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 51.47% (Q1 2026), 45.66% (Q4 2025) and 50.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 68.12% |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 126.33% |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 69.82% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 49.29% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 34.64% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 88.24% |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 139.87% |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 205.77% |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 34.94% |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - | 49.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.99% |
| Mar 31, 2026 | 51.47% |
| Dec 31, 2025 | 45.66% |
| Sep 30, 2025 | 50.40% |
| Jun 30, 2025 | 50.61% |
| Mar 31, 2025 | 51.12% |
| Dec 31, 2024 | 48.67% |
| Sep 30, 2024 | 51.17% |
| Jun 30, 2024 | 50.44% |
| Mar 31, 2024 | 52.63% |
| Dec 31, 2023 | 48.95% |
| Sep 30, 2023 | 49.03% |
| Jun 30, 2023 | 51.56% |
| Mar 31, 2023 | 55.04% |
| Dec 31, 2022 | 52.50% |
| Sep 30, 2022 | 53.23% |
| Jun 30, 2022 | 54.89% |
| Mar 31, 2022 | 55.51% |
| Dec 31, 2021 | 52.82% |
| Sep 30, 2021 | 54.27% |
API Access
Marketaxess Holdings EBITDA 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=ebitda-margin&ticker=MKTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();