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

Marketaxess Holdings' (MKTX) quarterly EBT Margin came in at 44.51% in Q1 2026, down 159.0% year-on-year from 75.45% in Q1 2025, and up 16.83% quarter-over-quarter from 38.1% in Q4 2025.

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

Marketaxess Holdings has disclosed EBT Margin across 17 years of filings, most recently posting 44.51% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 44.51%, down 159.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.02% (down 113.0% YoY), and the FY2025 annual result was 43.37%, down 76.0% from the prior year.
  • EBT Margin came in at 44.51% for Q1 2026 at Marketaxess Holdings, up from 38.1% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 49.16% in Q2 2022 to a low of 38.1% in Q4 2025.
  • The 5-year median for EBT Margin is 44.65% (2022), against an average of 44.64%.
  • Across the five-year window, EBT Margin sank 526 bps in 2023 and soared 330 bps in 2024, its largest moves.
  • Marketaxess Holdings' EBT Margin stood at 44.65% in 2022, then decreased by 5 bps to 42.49% in 2023, then declined by 2 bps to 41.8% in 2024, then dropped by 9 bps to 38.1% in 2025, then gained by 17 bps to 44.51% in 2026.
  • The last three EBT Margin figures came in at 44.51% (Q1 2026), 38.1% (Q4 2025), and 44.84% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 34.07%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 37.65%
4 Schwab Charles 153.74 Bn 108.77 Bn - 49.18%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 38.52%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 77.17%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 9.81%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 49.04%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 136.18%
10 Marketaxess Holdings 4.10 Bn 3.73 Bn - 44.51%

Historic Data

Download Data
DateValue
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%