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| Date | Value |
|---|---|
| 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% |