Marketaxess Holdings (MKTX) EV to CFO (2011 - 2026)
Marketaxess Holdings' EV to CFO came in at 18.79 for Q2 2026, down 3.9% from 19.54 a year earlier and down 5.3% from the prior quarter.
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Analysis
Marketaxess Holdings (MKTX) EV to CFO (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marketaxess Holdings reported EV to CFO of 11.94, down 24.8% year-over-year; for FY2025, it was 15.64, down 24.3% from FY2024.
- EV to CFO has declined in each of the last four years.
- Going back by year, EV to CFO was 20.68 in FY2024 (-35.2%), 31.90 in FY2023 (-8.4%), 34.81 in FY2022 (-34.9%) and 53.49 in FY2021 (+1.9%).
- The five-year range for quarterly EV to CFO is 15.04 (Q3 2025) to 53.49 (Q4 2021).
- Year-over-year, EV to CFO increased in two of the last eight quarters, with an average decline of 14.9%.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2024 (growth of 12.4%), and the weakest in Q2 2022 (a decline of 50.7%).
- Business Quant data shows MKTX's EV to CFO at 19.84 (Q1 2026), 15.64 (Q4 2025) and 15.04 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn |
| 10 | Marketaxess Holdings | 5.79 Bn | 4.18 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.79 |
| Mar 31, 2026 | 19.84 |
| Dec 31, 2025 | 15.64 |
| Sep 30, 2025 | 15.04 |
| Jun 30, 2025 | 19.54 |
| Mar 31, 2025 | 18.20 |
| Dec 31, 2024 | 20.68 |
| Sep 30, 2024 | 26.29 |
| Jun 30, 2024 | 21.34 |
| Mar 31, 2024 | 24.72 |
| Dec 31, 2023 | 31.90 |
| Sep 30, 2023 | 23.38 |
| Jun 30, 2023 | 28.45 |
| Mar 31, 2023 | 44.95 |
| Dec 31, 2022 | 34.81 |
| Sep 30, 2022 | 26.79 |
| Jun 30, 2022 | 33.57 |
| Mar 31, 2022 | 44.40 |
| Dec 31, 2021 | 53.49 |
| Sep 30, 2021 | 42.76 |
API Access
Marketaxess Holdings EV to CFO 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=ev-to-cfo&ticker=MKTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();