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 | 333.21 Bn | 173.07 Bn | - | 1.56 |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.47 |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 5.65 |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 4.61 |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 2.23 |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 6.08 |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 485.67 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Marketaxess Holdings | 5.72 Bn | 5.42 Bn | - | 48.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 |
| 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 |