Growth Metrics

Marketaxess Holdings (MKTX) Net Margin (2016 - 2026)

Marketaxess Holdings' Net Margin history spans 16 years, with the latest figure at 54.64% for Q4 2025.

  • On a quarterly basis, Net Margin rose 2246.0% to 54.64% in Q4 2025 year-over-year; TTM through Dec 2025 was 31.78%, a 178.0% decrease, with the full-year FY2025 number at 31.78%, down 178.0% from a year prior.
  • Net Margin hit 54.64% in Q4 2025 for Marketaxess Holdings, up from 32.68% in the prior quarter.
  • Over the last five years, Net Margin for MKTX hit a ceiling of 54.64% in Q4 2025 and a floor of 7.22% in Q1 2025.
  • Historically, Net Margin has averaged 34.04% across 5 years, with a median of 33.87% in 2022.
  • The widest YoY moves for Net Margin: up 2246bps in 2025, down -2730bps in 2025.
  • Tracing MKTX's Net Margin over 5 years: stood at 31.62% in 2021, then increased by 5bps to 33.29% in 2022, then decreased by -3bps to 32.35% in 2023, then decreased by -1bps to 32.18% in 2024, then skyrocketed by 70bps to 54.64% in 2025.
  • Business Quant data shows Net Margin for MKTX at 54.64% in Q4 2025, 32.68% in Q3 2025, and 32.45% in Q2 2025.