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MarketAxess Holdings Inc.

MarketAxess Holdings Inc.

NASDAQ•MKTX
CEO: Mr. Christopher Robert Concannon J.D.
セクター: Financial Services
業種: Financial - Capital Markets
上場日: 2004-11-05
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company offers various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
連絡先情報
55 Hudson Yards, 15th Floor, New York, NY, 10001, United States
212-813-6000
www.marketaxess.com
時価総額
$6.62B
PER (TTM)
26.4
43.2
配当利回り
1.7%
52週高値
$232.84
52週安値
$156.17
52週レンジ
28%
順位8
7.3
F-Score
改良版 Piotroski 分析
10年ファンダメンタル
強い • 7.3 / 9 ポイント
スコアレンジ (0-9)
8-9: 価値が優れている
6-7: 基礎体質が強い
4-5: 全体的に堅調
0-3: パフォーマンスが弱い
データ期間: 2016-2025

財務ダッシュボード

Q4 2025 データ

売上高

$209.40M+0.00%
直近4四半期の推移

EPS

$2.51+0.00%
直近4四半期の推移

フリーCF

$0.00+0.00%
直近4四半期の推移

2025 Q3 決算ハイライト

主なハイライト

Nine Month Revenue Growth Total revenues reached $636.9 M, marking a 3.6% increase for the nine months ended September 30.
Operating Income Rises Operating income grew 1.9% to $265.8 M for nine months, driven by volume increases across segments.
Strong Operating Cash Flow Net cash provided by operating activities totaled $223.5 M, showing 6.9% growth for the nine months period.
RFQ-hub Acquisition Goodwill Goodwill of $47.0 M recognized following RFQ-hub acquisition finalized in May 2025, impacting balance sheet.

リスク要因

Net Income Significantly Drops Net income available for common stockholders fell 26.1% to $154.4 M for the nine months period.
Effective Tax Rate Spikes Effective tax rate jumped to 46.2% (9M 2025) due to establishing reserve for uncertain tax positions.
Credit Fee Compression Credit average variable fee per million dropped 7.5% due to protocol mix-shift reflecting increased portfolio trading.
Cash Balances Decreased Cash and cash equivalents decreased to $473.3 M as of September 30, 2025, from $544.5 M year-end 2024.

見通し

Liquidity Position Adequate Expect current cash and $749.9 M available borrowing capacity sufficient to meet liquidity needs for twelve months.
Technology Investment Focus Continue technology focus, including AI-driven Targeted RFQ rollout and synergy realization from Pragma integration.
Regulatory Uncertainty Ahead SEC central clearing mandate effective December 2026 may impact participant behavior and increase compliance complexity.
Share Repurchase Capacity Company retains $105.0 M remaining capacity under the 2024 Repurchase Program for future common stock buybacks.

同業比較

売上高 (TTM)

StoneX Group Inc.SNEX
$143.47B
+32.5%
PennyMac Financial Services, Inc.PFSI
$4.48B
+113.6%
Virtu Financial, Inc.VIRT
$3.63B
+26.2%

粗利益率 (最新四半期)

MarketAxess Holdings Inc.MKTX
92.7%
-9.8pp
PennyMac Financial Services, Inc.PFSI
90.5%
+2.6pp
Piper Sandler CompaniesPIPR
87.3%
+0.2pp

主要指標

銘柄コード
時価総額
PER (TTM)
ROE (TTM)
負債比率
WULF$6.96B-11.8-269.7%44.2%
MKTX$6.62B26.418.8%15.8%
SNEX$6.59B17.716.4%0.0%

長期トレンド

直近4四半期
売上高
純利益
営業キャッシュフロー
4四半期売上高CAGR
0.1%
緩やかな成長
4四半期純利益CAGR
83.0%
収益性の大幅な改善
キャッシュフロー安定性
75%
キャッシュフローの変動が大きい

深度リサーチ

次回決算:2026年5月5日
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EPS:-
|
売上高:-
財務レポート
財務データ
全年度
  • Form 10-Q - Q3 2025

    会計期末: 2025年9月30日|提出日: 2025年11月7日|
    売上高: $208.82M+1.0%
    |
    EPS: $1.84-3.7%
    予想を上回る
  • Form 10-Q - Q2 2025

    会計期末: 2025年6月30日|提出日: 2025年8月6日|
    売上高: $219.46M+11.0%
    |
    EPS: $1.91+11.0%
    予想通り
  • Form 10-Q - Q1 2025

    会計期末: 2025年3月31日|提出日: 2025年5月7日|
    売上高: $208.58M-0.8%
    |
    EPS: $0.40-79.2%
    予想を下回る
  • Form 10-K - FY 2024

    会計期末: 2024年12月31日|提出日: 2025年2月24日|
    売上高: $817.10M+8.6%
    |
    EPS: $7.29+6.1%
    予想を上回る
  • Form 10-Q - Q3 2024

    会計期末: 2024年9月30日|提出日: 2024年11月6日|
    売上高: $206.72M+20.0%
    |
    EPS: $1.91+29.9%
    予想を上回る
  • Form 10-Q - Q2 2024

    会計期末: 2024年6月30日|提出日: 2024年8月6日|
    売上高: $197.66M+9.9%
    |
    EPS: $1.72+7.5%
    予想通り
  • Form 10-Q - Q1 2024

    会計期末: 2024年3月31日|提出日: 2024年5月7日|
    売上高: $210.32M+3.5%
    |
    EPS: $1.92-2.0%
    予想通り
  • Form 10-K - FY 2023

    会計期末: 2023年12月31日|提出日: 2024年2月22日|
    売上高: $752.55M+4.8%
    |
    EPS: $6.87+2.8%
    予想を上回る