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

Marketaxess Holdings' (MKTX) quarterly Tax Rate came in at 24.84% in Q1 2026, down 5950.0% year-on-year from 0.42% in Q1 2025, and up 257.05% quarter-over-quarter from 15.81% in Q4 2025.

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

Marketaxess Holdings has disclosed Tax Rate across 17 years of filings, most recently posting 24.84% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.84%, down 5950.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.28% (down 2362.0% YoY), and the FY2025 annual result was 32.72%, up 769.0% from the prior year.
  • Tax Rate came in at 24.84% for Q1 2026 at Marketaxess Holdings, up from 15.81% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 84.33% in Q1 2025 to a low of 15.81% in Q4 2025.
  • The 5-year median for Tax Rate is 24.92% (2024), against an average of 26.84%.
  • Across the five-year window, Tax Rate jumped 5941 bps in 2025 and plunged 5950 bps in 2026, its largest moves.
  • Marketaxess Holdings' Tax Rate stood at 33.68% in 2022, then fell by 29 bps to 23.86% in 2023, then climbed by 16 bps to 27.59% in 2024, then slumped by 157 bps to 15.81% in 2025, then soared by 257 bps to 24.84% in 2026.
  • The last three Tax Rate figures came in at 24.84% (Q1 2026), 15.81% (Q4 2025), and 27.09% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - 19.58%
3 Goldman Sachs 313.22 Bn -624.33 Bn - 13.20%
4 Schwab Charles 154.90 Bn 109.92 Bn - 22.24%
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 15.82%
6 Interactive Brokers 38.41 Bn 49.00 Bn - 9.08%
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 26.45%
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 23.03%
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 2.47%
10 Marketaxess Holdings 4.09 Bn 3.73 Bn - 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%