Marketaxess Holdings (MKTX) Interest Coverage Ratio (2010 - 2026)

Marketaxess Holdings (MKTX) posted Interest Coverage Ratio of 6.43 for Q1 2026, down 93.9% sequentially from 105.43 in Q4 2025, and down 10.54% YoY from 7.19 in Q1 2025.

Marketaxess Holdings (MKTX) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Marketaxess Holdings has reported Interest Coverage Ratio for 17 years, with the latest figure at 6.43 in Q1 2026.

  • Quarterly Interest Coverage Ratio fell 10.54% year-over-year to 6.43 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.57 (down 17.56% YoY) and the FY2025 annual result came in at 4.16, down 74.01% from the prior year.
  • Interest Coverage Ratio declined to 6.43 in Q1 2026 per MKTX's latest filing, from 105.43 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 395.92 in Q4 2024 and troughed at 1.01 in Q3 2025.
  • A 5-year average of 62.92 and a median of 7.28 in 2023 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio soared 48860.33% in 2022, then slumped 97.8% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 119.13 in 2022, then slumped by 65.66% to 40.91 in 2023, then jumped by 867.87% to 395.92 in 2024, then sank by 73.37% to 105.43 in 2025, then sank by 93.9% to 6.43 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 6.43, 105.43, and 1.01 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 1.56
2 Goldman Sachs 316.34 Bn -660.01 Bn - 1.47
3 Schwab Charles 220.55 Bn 135.80 Bn - 1.83
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 10.21
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 4.61
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -0.76
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 2.23
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 2.96
10 Marketaxess Holdings 6.70 Bn 6.28 Bn - 6.43

Historic Data

Download Data
DateValue
Mar 31, 2026 6.43
Dec 31, 2025 105.43
Sep 30, 2025 1.01
Jun 30, 2025 4.77
Mar 31, 2025 7.19
Dec 31, 2024 395.92
Sep 30, 2024 6.26
Jun 30, 2024 5.89
Mar 31, 2024 6.70
Dec 31, 2023 40.91
Sep 30, 2023 6.43
Jun 30, 2023 7.28
Mar 31, 2023 9.17
Dec 31, 2022 119.13
Sep 30, 2022 7.48
Jun 30, 2022 331.20
Mar 31, 2022 8.39
Dec 31, 2021 437.23
Sep 30, 2021 2.04
Jun 30, 2021 0.68