Marketaxess Holdings (MKTX) EBT Margin (2010 - 2026)
Marketaxess Holdings' EBT Margin came in at 41.10% for Q2 2026, down 3.29 percentage points from 44.39% a year earlier and down 3.42 percentage points from the prior quarter.
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Analysis
Marketaxess Holdings (MKTX) EBT Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marketaxess Holdings reported EBT Margin of 42.19%, down 2.13 percentage points year-over-year; for FY2025, it was 43.37%, down 0.76 percentage points from FY2024.
- EBT Margin has declined in each of the last five years, with a five-year change of -10.96 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 44.13% in FY2024 (-0.08 pp), 44.21% in FY2023 (-2.89 pp), 47.10% in FY2022 (-0.68 pp) and 47.77% in FY2021 (-6.55 pp).
- The five-year range for quarterly EBT Margin is 38.10% (Q4 2025) to 49.16% (Q2 2022).
- Year-over-year, EBT Margin has declined for four consecutive quarters, with an average year-over-year change of -0.66 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q3 2024 (a gain of 3.30 percentage points), and the weakest in Q4 2021 (a drop of 9.33 percentage points).
- Business Quant data shows MKTX's EBT Margin at 44.51% (Q1 2026), 38.10% (Q4 2025) and 44.84% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 54.20% |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 40.00% |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 77.82% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 35.64% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 25.79% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 34.31% |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 76.79% |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 78.90% |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 34.29% |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - | 41.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.10% |
| Mar 31, 2026 | 44.51% |
| Dec 31, 2025 | 38.10% |
| Sep 30, 2025 | 44.84% |
| Jun 30, 2025 | 44.39% |
| Mar 31, 2025 | 46.10% |
| Dec 31, 2024 | 41.80% |
| Sep 30, 2024 | 44.94% |
| Jun 30, 2024 | 43.68% |
| Mar 31, 2024 | 45.99% |
| Dec 31, 2023 | 42.49% |
| Sep 30, 2023 | 41.64% |
| Jun 30, 2023 | 43.90% |
| Mar 31, 2023 | 48.33% |
| Dec 31, 2022 | 44.65% |
| Sep 30, 2022 | 45.82% |
| Jun 30, 2022 | 49.16% |
| Mar 31, 2022 | 48.60% |
| Dec 31, 2021 | 43.36% |
| Sep 30, 2021 | 45.96% |
API Access
Marketaxess Holdings EBT 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=ebt-margin&ticker=MKTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();