Marketaxess Holdings (MKTX) Tax Rate (2010 - 2026)

Marketaxess Holdings (MKTX) posted Tax Rate of 24.81% for Q1 2026, up 116.07% sequentially from 154.41% in Q4 2025, and down 5952.0% YoY from 0.42% in Q1 2025.

Marketaxess Holdings (MKTX) Tax Rate (2010 - 2026) Analysis & Trends

Marketaxess Holdings has reported Tax Rate for 17 years, with the latest figure at 24.81% in Q1 2026.

  • Quarterly Tax Rate fell 5952.0% year-over-year to 24.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.23% (down 5205.0% YoY) and the FY2025 annual result came in at 2.59%, down 2136.0% from the prior year.
  • Tax Rate improved to 24.81% in Q1 2026 per MKTX's latest filing, from 154.41% in the prior quarter.
  • Over five years, Tax Rate peaked at 84.33% in Q1 2025 and troughed at 154.41% in Q4 2025.
  • A 5-year average of 18.42% and a median of 24.81% in 2026 frame the typical range for Tax Rate.
  • The widest YoY moves for Tax Rate: up 5941 bps in 2025, down 17742 bps in 2025.
  • Over 5 years, Tax Rate stood at 33.68% in 2022, then decreased by 29 bps to 23.86% in 2023, then dropped by 4 bps to 23.01% in 2024, then plunged by 771 bps to 154.41% in 2025, then jumped by 116 bps to 24.81% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 24.81%, 154.41%, and 27.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 23.07%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 22.60%
3 Schwab Charles 220.55 Bn 135.80 Bn - 22.24%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -16.38%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 19.18%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 2.46%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.43%
10 Marketaxess Holdings 6.70 Bn 6.28 Bn - 24.81%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.81%
Mar 31, 2026 24.81%
Mar 31, 2026 24.81%
Dec 31, 2025 -154.41%
Dec 31, 2025 -154.41%
Dec 31, 2025 -154.41%
Sep 30, 2025 27.13%
Sep 30, 2025 27.13%
Sep 30, 2025 27.13%
Jun 30, 2025 26.89%
Jun 30, 2025 26.89%
Jun 30, 2025 26.89%
Mar 31, 2025 84.33%
Mar 31, 2025 84.33%
Mar 31, 2025 84.33%
Dec 31, 2024 23.01%
Dec 31, 2024 23.01%
Dec 31, 2024 23.01%
Sep 30, 2024 23.04%
Sep 30, 2024 23.04%