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| 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% |