Marketaxess Holdings MKTX
NASDAQ MKTX
$162.50 +0.39 (+0.24%)
As of: Aug 24, 2026 · 3:59 PM EDT

Marketaxess Holdings (MKTX) EBT Margin (2010 - 2026)

Marketaxess Holdings (MKTX) posted EBT Margin of 44.51% for Q1 2026, up 16.83% sequentially from 38.1% in Q4 2025, and down 159.0% YoY from 75.45% in Q1 2025.

Marketaxess Holdings (MKTX) EBT Margin (2010 - 2026) Analysis & Trends

Marketaxess Holdings has reported EBT Margin for 17 years, with the latest figure at 44.51% in Q1 2026.

  • Quarterly EBT Margin fell 159.0% year-over-year to 44.51% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 43.02% (down 113.0% YoY) and the FY2025 annual result came in at 43.37%, down 76.0% from the prior year.
  • EBT Margin improved to 44.51% in Q1 2026 per MKTX's latest filing, from 38.1% in the prior quarter.
  • Over five years, EBT Margin peaked at 49.16% in Q2 2022 and troughed at 38.1% in Q4 2025.
  • A 5-year average of 44.64% and a median of 44.65% in 2022 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2023 and 2024: EBT Margin sank 526 bps in 2023, then surged 330 bps in 2024.
  • Over 5 years, EBT Margin stood at 44.65% in 2022, then dropped by 5 bps to 42.49% in 2023, then retreated by 2 bps to 41.8% in 2024, then fell by 9 bps to 38.1% in 2025, then climbed by 17 bps to 44.51% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 44.51%, 38.1%, and 44.84% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - 34.42%
2 Goldman Sachs 311.14 Bn -665.21 Bn - 42.10%
3 Schwab Charles 196.95 Bn 123.36 Bn - 51.88%
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 54.20%
5 Interactive Brokers 41.71 Bn -22.59 Bn - 76.79%
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - 9.94%
7 Tradeweb Markets 23.03 Bn 20.97 Bn - 48.34%
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 7.46%
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn 62.17%
10 Marketaxess Holdings 5.72 Bn 5.42 Bn - 41.10%

Historic Data

Download Data
DateValue
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%