Marketaxess Holdings (MKTX) FCF Margin (2010 - 2026)

Marketaxess Holdings has disclosed FCF Margin across 17 years of filings, most recently posting 39.6% for Q1 2026.

• FCF Margin for Q1 2026 came in at 39.6%, down 4660.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.64% (down 1837.0% YoY), and the FY2025 annual result was 44.19%, down 174.0% from the prior year.
• FCF Margin came in at 39.6% for Q1 2026 at Marketaxess Holdings, down from 90.0% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 99.85% in Q4 2024 to a low of 39.6% in Q1 2026.
• The 5-year median for FCF Margin is 35.25% (2022), against an average of 38.62%.
• Across the five-year window, FCF Margin jumped 2152 bps in 2023 and plunged 4660 bps in 2026, its largest moves.
• Marketaxess Holdings' FCF Margin stood at 83.3% in 2022, then advanced by 6 bps to 87.95% in 2023, then advanced by 14 bps to 99.85% in 2024, then declined by 10 bps to 90.0% in 2025, then plunged by 144 bps to 39.6% in 2026.
• The last three FCF Margin figures came in at 39.6% (Q1 2026), 90.0% (Q4 2025), and 26.47% (Q3 2025), per Business Quant data.