Marketaxess Holdings (MKTX) Enterprise Value (2010 - 2026)
Marketaxess Holdings' Enterprise Value was $3.76 billion in Q2 2026, down 52.4% from $7.91 billion a year earlier and down 31.6% from the prior quarter.
Marketaxess Holdings (MKTX) Enterprise Value (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Marketaxess Holdings' Enterprise Value was $2.39 billion through Jun 30, 2026, down 62.8% year-over-year; for FY2025, it came in at $5.98 billion, down 25.0% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of -22.4% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $7.97 billion in FY2024 (-25.2%), $10.65 billion in FY2023 (+5.7%), $10.07 billion in FY2022 (-33.3%) and $15.09 billion in FY2021 (-28.9%).
- The Q2 2026 figure marks the lowest quarterly Enterprise Value since Q3 2015.
- Compared with a year earlier, Enterprise Value has declined for four straight quarters, with an average decline of 17.2% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2024 (growth of 20.8%); the worst was Q2 2026 (a decline of 52.4%).
- Per Business Quant data, MKTX's Enterprise Value in the three quarters before Q2 2026 was $5.5 billion (Q1 2026), $5.98 billion (Q4 2025) and $6.01 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.76 Bn |
| Mar 31, 2026 | 5.50 Bn |
| Dec 31, 2025 | 5.98 Bn |
| Sep 30, 2025 | 6.01 Bn |
| Jun 30, 2025 | 7.91 Bn |
| Mar 31, 2025 | 7.64 Bn |
| Dec 31, 2024 | 7.97 Bn |
| Sep 30, 2024 | 9.22 Bn |
| Jun 30, 2024 | 7.14 Bn |
| Mar 31, 2024 | 7.94 Bn |
| Dec 31, 2023 | 10.65 Bn |
| Sep 30, 2023 | 7.63 Bn |
| Jun 30, 2023 | 9.45 Bn |
| Mar 31, 2023 | 14.41 Bn |
| Dec 31, 2022 | 10.07 Bn |
| Sep 30, 2022 | 8.06 Bn |
| Jun 30, 2022 | 9.35 Bn |
| Mar 31, 2022 | 12.50 Bn |
| Dec 31, 2021 | 15.09 Bn |
| Sep 30, 2021 | 15.56 Bn |
Marketaxess Holdings Enterprise Value 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=enterprise-value&ticker=MKTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();