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

Marketaxess Holdings (MKTX) posted Tax Rate of 24.84% for Q1 2026, up 257.05% sequentially from 15.81% in Q4 2025, and down 5950.0% YoY from 0.42% in Q1 2025.

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

Marketaxess Holdings (MKTX) has 17 years of Tax Rate data on file, last reported at 24.84% in Q1 2026.

  • Quarterly Tax Rate fell 5950.0% year-over-year to 24.84% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.28% (down 2362.0% YoY) and the FY2025 annual result came in at 32.72%, up 769.0% from the prior year.
  • Tax Rate rose to 24.84% in Q1 2026 per MKTX's latest filing, from 15.81% in the prior quarter.
  • The five-year high for Tax Rate was 84.33% in Q1 2025, with the low at 15.81% in Q4 2025.
  • Average Tax Rate over 5 years is 26.84%, with a median of 24.92% recorded in 2024.
  • Year-over-year, Tax Rate surged 5941 bps in 2025 and slumped 5950 bps in 2026.
  • Marketaxess Holdings' Tax Rate stood at 33.68% in 2022, then slipped by 29 bps to 23.86% in 2023, then rose by 16 bps to 27.59% in 2024, then tumbled by 157 bps to 15.81% in 2025, then soared by 257 bps to 24.84% in 2026.
  • Business Quant data shows MKTX's Tax Rate at 24.84% in Q1 2026, 15.81% in Q4 2025, and 27.09% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 13.20%
3 Schwab Charles 167.21 Bn 122.24 Bn - 22.24%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -16.38%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 15.82%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 26.45%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 23.03%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 2.47%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.46%
10 Marketaxess Holdings 14.20 Mn -349.59 Mn - 24.84%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.84%
Mar 31, 2026 24.84%
Dec 31, 2025 -15.81%
Dec 31, 2025 -15.81%
Sep 30, 2025 27.09%
Sep 30, 2025 27.09%
Jun 30, 2025 26.89%
Jun 30, 2025 26.89%
Mar 31, 2025 84.33%
Mar 31, 2025 84.33%
Dec 31, 2024 27.59%
Dec 31, 2024 27.59%
Sep 30, 2024 23.04%
Sep 30, 2024 23.04%
Jun 30, 2024 24.79%
Jun 30, 2024 24.79%
Mar 31, 2024 24.92%
Mar 31, 2024 24.92%
Dec 31, 2023 23.86%
Dec 31, 2023 23.86%