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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Marketaxess Holdings' Operating Margin history spans 16 years, with the latest figure at 40.98% for Q3 2025.

  • For Q3 2025, Operating Margin fell 113.0% year-over-year to 40.98%; the TTM value through Sep 2025 reached 41.2%, down 42.0%, while the annual FY2024 figure was 41.72%, 14.0% down from the prior year.
  • Operating Margin for Q3 2025 was 40.98% at Marketaxess Holdings, down from 41.86% in the prior quarter.
  • Across five years, Operating Margin topped out at 52.94% in Q1 2021 and bottomed at 38.84% in Q3 2023.
  • The 5-year median for Operating Margin is 43.02% (2022), against an average of 43.82%.
  • The largest annual shift saw Operating Margin crashed -788bps in 2021 before it skyrocketed 328bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 45.65% in 2021, then fell by -4bps to 43.66% in 2022, then decreased by -11bps to 39.05% in 2023, then rose by 1bps to 39.51% in 2024, then increased by 4bps to 40.98% in 2025.
  • Per Business Quant, the three most recent readings for MKTX's Operating Margin are 40.98% (Q3 2025), 41.86% (Q2 2025), and 42.37% (Q1 2025).