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 (MKTX) has 17 years of EBT Margin data on file, last reported 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.
- The five-year high for EBT Margin was 49.16% in Q2 2022, with the low at 38.1% in Q4 2025.
- Average EBT Margin over 5 years is 44.64%, with a median of 44.65% recorded in 2022.
- Year-over-year, EBT Margin tumbled 526 bps in 2023 and jumped 330 bps in 2024.
- Marketaxess Holdings' EBT Margin stood at 44.65% in 2022, then declined by 5 bps to 42.49% in 2023, then decreased by 2 bps to 41.8% in 2024, then retreated by 9 bps to 38.1% in 2025, then grew by 17 bps to 44.51% in 2026.
- Business Quant data shows MKTX's EBT Margin at 44.51% in Q1 2026, 38.1% in Q4 2025, and 44.84% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 34.07% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 37.65% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 49.18% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 144.51% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 38.52% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 9.81% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 49.04% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 136.18% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -175.48% |
| 10 | Marketaxess Holdings | 14.20 Mn | -349.59 Mn | - | 44.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 48.80% |