Growth Metrics

Marketaxess Holdings (MKTX) FCF Margin (2016 - 2025)

Marketaxess Holdings (MKTX) has disclosed FCF Margin for 16 consecutive years, with 73.02% as the latest value for Q4 2025.

  • Quarterly FCF Margin fell 1396.0% to 73.02% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 44.19% through Dec 2025, down 174.0% year-over-year, with the annual reading at 44.19% for FY2025, 174.0% down from the prior year.
  • FCF Margin hit 73.02% in Q4 2025 for Marketaxess Holdings, up from 43.5% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 86.97% in Q4 2024 to a low of 15.98% in Q1 2021.
  • Historically, FCF Margin has averaged 41.35% across 5 years, with a median of 49.23% in 2021.
  • Biggest YoY gain for FCF Margin was 6319bps in 2021; the steepest drop was -8320bps in 2021.
  • Year by year, FCF Margin stood at 83.14% in 2021, then fell by -17bps to 68.92% in 2022, then grew by 21bps to 83.23% in 2023, then rose by 5bps to 86.97% in 2024, then fell by -16bps to 73.02% in 2025.
  • Business Quant data shows FCF Margin for MKTX at 73.02% in Q4 2025, 43.5% in Q3 2025, and 52.68% in Q2 2025.