Marketaxess Holdings (MKTX) EV to FCF (2011 - 2026)
Marketaxess Holdings' (MKTX) EV to FCF was 19.36 for Q2 2026, down 1.9% from 19.75 a year earlier and down 4.7% from the prior quarter.
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Analysis
Marketaxess Holdings (MKTX) EV to FCF (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marketaxess Holdings' EV to FCF came in at 12.31, down 23.3% year-over-year; for FY2025, it was 15.99, down 24.7% from FY2024.
- EV to FCF has declined for four consecutive years.
- By year, EV to FCF came in at 21.22 in FY2024 (-35.3%), 32.82 in FY2023 (-10.0%), 36.47 in FY2022 (-36.0%) and 57.02 in FY2021 (+4.6%).
- Five-year quarterly EV to FCF spans a low of 15.22 in Q3 2025 and a high of 57.02 in Q4 2021.
- Year over year, EV to FCF gained in two of the last eight quarters, with an average decline of 15.6%.
- The high point for year-over-year EV to FCF in five years was Q3 2024 (growth of 11.4%); the low point was Q2 2022 (a decline of 51.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 20.32 (Q1 2026), 15.99 (Q4 2025) and 15.22 (Q3 2025).
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 | 19.36 |
| Mar 31, 2026 | 20.32 |
| Dec 31, 2025 | 15.99 |
| Sep 30, 2025 | 15.22 |
| Jun 30, 2025 | 19.75 |
| Mar 31, 2025 | 18.68 |
| Dec 31, 2024 | 21.22 |
| Sep 30, 2024 | 27.20 |
| Jun 30, 2024 | 22.48 |
| Mar 31, 2024 | 25.54 |
| Dec 31, 2023 | 32.82 |
| Sep 30, 2023 | 24.41 |
| Jun 30, 2023 | 29.49 |
| Mar 31, 2023 | 46.70 |
| Dec 31, 2022 | 36.47 |
| Sep 30, 2022 | 27.67 |
| Jun 30, 2022 | 34.86 |
| Mar 31, 2022 | 46.84 |
| Dec 31, 2021 | 57.02 |
| Sep 30, 2021 | 44.80 |
API Access
Marketaxess Holdings EV to FCF 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-fcf&ticker=MKTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();