# MarketAxess Holdings share price today (MarketAxess Holdings Inc., MKTX)

> MarketAxess Holdings Inc.'s P/BV is near the low end of its own history, higher than only 8% of past readings, and its quarterly results are still getting worse. MKTX · Financials · Capital Markets · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mktx

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: $165.68 (+3.5% in a year)
- P/BV: 4.6× (lower than 92% of the last 5.3 years)
- Revenue (Sep 2026): $210 M (+0.8% on a year ago)
- Profit (Sep 2026): $53.9 M (−21.0% on a year ago)
- Net margin: 25.6% (−7.0 points on a year ago)
- ROE: 22%, FY25
- ROA: 10.46%, latest

The main question: the P/BV is near the low end of its own history, higher than only 8% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the MarketAxess Holdings share price today? MarketAxess Holdings Inc.'s share price was $165.68 at the close on 3 November 2026. It has been stalling near its high for 15 weeks. That is 6.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between $113 and $192, and at that close it sat 67% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 15 weeks in a row. Over the last 10 years the share price moved +9% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does MarketAxess Holdings pay? MarketAxess Holdings Inc. paid $3.10 per share over the last four reported quarters. The most recent declaration was $0.78 for Sep 2026. At today's price of $165.68 that is a yield of 1.87%, based on dividends already paid, not a forecast. ## Which stock lists is MarketAxess Holdings on? MarketAxess Holdings is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is MarketAxess Holdings profitable? MarketAxess Holdings Inc. earned $53.9 M of net profit in the Sep 2026 quarter, −21.0% on the same quarter a year earlier. Full-year FY25 profit was $247 M. Over 4 years profit has grown −1.1% a year on average. That is 25.6% of the quarter's revenue. The same quarter a year earlier earned $68.2 M. For the full year, FY25 profit was $247 M (−10.0% on the year before). Why profit moved: revenue changed +0.8% on a year earlier and the margin moved −7.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +108.3% and revenue +3.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does MarketAxess Holdings make, and is it growing? MarketAxess Holdings Inc. reported $210 M of income in the Sep 2026 quarter, +0.8% on the same quarter a year earlier. Over 4 years it has grown 4.9% a year on average. The last full year, FY25, came in at $846 M. The last four reported quarters add to $872 M. FY25 revenue was $846 M, +3.6% on the year before. Recent pace: the last four quarters grew +3.9% on average, against 4.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +3.9%, against +3.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +33.0%, against +2.4% a year (accelerating). ## How much does MarketAxess Holdings keep from what it earns? MarketAxess Holdings Inc.'s net margin was 25.6% in the Sep 2026 quarter, 7.0 percentage points lower than the same quarter a year ago. Across 5 years it has been between 29.1% and 36.9%. The latest quarter is below every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of MarketAxess Holdings' loans have gone bad? MarketAxess Holdings Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is MarketAxess Holdings' loan book growing? MarketAxess Holdings Inc.'s revenue was $846 M in FY25, +3.6% on the year before, so the loan book is growing. The latest quarter was +0.8% on a year earlier. The net margin on that income is 25.6%, −7.0 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is MarketAxess Holdings' P/BV ratio, and how does it compare with its own history? MarketAxess Holdings Inc.'s P/BV is 4.6×, near the low end of its own history: it has been lower only 8% of the time. Its usual P/BV (the middle reading) is 7.2×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved +3.5%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved −15.7% a year; about +5.5% a year came from book-value growth and about −21.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the MarketAxess Holdings business getting better or worse? MarketAxess Holdings Inc.'s business is getting better. Profit growth hit its low 5 quarters ago at −15.7% and has recovered to +33.0%, with ROE steady at 22.6%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does MarketAxess Holdings earn on its equity and assets? MarketAxess Holdings Inc. earned a return on equity of 21% in FY25. Its lowest yearly reading on file was 20% in FY24. On its assets, every $100 earned about $10.46, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew −1.1% a year over 4 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does MarketAxess Holdings have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the MarketAxess Holdings shareholding pattern? 11.6% of MarketAxess Holdings Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 4.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is MarketAxess Holdings from balance-sheet trouble? For MarketAxess Holdings Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does MarketAxess Holdings rank in its industry? 57.2 out of 100, rank 12 of 28 in Capital Markets, with 80% of the evidence available. MarketAxess Holdings Inc. scores 57.2 out of 100 against the 28 companies it is compared with in Capital Markets, ranking 12. Relative strength against the index is -1.1%, and revenue and profit growth are weak. The four parts add up to the total exactly: 14.5 + 17.9 + 7.8 + 17 = 57.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is MarketAxess Holdings compared with? MarketAxess Holdings ranks 12 of 28 Capital Markets companies on the 4-Factor Sector Score, with 57.2 out of 100. 1. [Virtu Financial, Inc.](https://www.sectoralpha.in/us/stocks/virt) VIRT · quiet · Most evidence points up · 76% evidence 75.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.5/35 · Income 24.7% · Profit 37.3% · 71% evidence Capital efficiency 18.7/25 · ROA 6.1% · ROE 66.5% · GNPA n/a · 68% evidence Valuation 16.5/20 · P/BV 2.23× · P/BV÷ROE 0.03 · 70% evidence Relative strength 15.0/20 · Lead over its industry 14% · Lead over S&P 500 5% · 1 year 50.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 25.5 + 18.7 + 16.5 + 15 = 75.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Evercore Inc.](https://www.sectoralpha.in/us/stocks/evr) EVR · basing · Most evidence points up · 76% evidence 73.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.4/35 · Income 45.4% · Profit 61.6% · 71% evidence Capital efficiency 20.4/25 · ROA 26.7% · ROE 58.6% · GNPA n/a · 68% evidence Valuation 13.3/20 · P/BV 6.06× · P/BV÷ROE 0.1 · 70% evidence Relative strength 11.5/20 · Lead over its industry -3.9% · Lead over S&P 500 -11.4% · 1 year -3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.4 + 20.4 + 13.3 + 11.5 = 73.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [BGC Group, Inc.](https://www.sectoralpha.in/us/stocks/bgc) BGC · turning · Most evidence points up · 76% evidence 70.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Income 27.8% · Profit 29.4% · 71% evidence Capital efficiency 17.7/25 · ROA 6.5% · ROE 27.6% · GNPA n/a · 68% evidence Valuation 10.7/20 · P/BV 4.02× · P/BV÷ROE 0.15 · 70% evidence Relative strength 17.6/20 · Lead over its industry 10% · Lead over S&P 500 1.5% · 1 year 20.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 24 + 17.7 + 10.7 + 17.6 = 70 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Marex Group Limited](https://www.sectoralpha.in/us/stocks/mrx) MRX · turning · Most evidence points up · 76% evidence 69.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.8/35 · Income 10% · Profit 60.4% · 71% evidence Capital efficiency 15.1/25 · ROA 1.3% · ROE 34.4% · GNPA n/a · 68% evidence Valuation 16.1/20 · P/BV 2.35× · P/BV÷ROE 0.07 · 70% evidence Relative strength 18.6/20 · Lead over its industry 33.1% · Lead over S&P 500 22.7% · 1 year 103.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 19.8 + 15.1 + 16.1 + 18.6 = 69.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Tradeweb Markets Inc.](https://www.sectoralpha.in/us/stocks/tw) TW · breaking out · Most evidence points up · 76% evidence 66.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Income 14.1% · Profit 60.6% · 71% evidence Capital efficiency 15.7/25 · ROA 10.5% · ROE 13.1% · GNPA n/a · 68% evidence Valuation 7.7/20 · P/BV 2.89× · P/BV÷ROE 0.22 · 70% evidence Relative strength 19.5/20 · Lead over its industry 18.1% · Lead over S&P 500 9.3% · 1 year 15.2% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.1 + 15.7 + 7.7 + 19.5 = 66 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [PJT Partners Inc.](https://www.sectoralpha.in/us/stocks/pjt) PJT · basing · Evidence leans up · 76% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Income 22.7% · Profit 25% · 71% evidence Capital efficiency 20.0/25 · ROA 21% · ROE 36.8% · GNPA n/a · 68% evidence Valuation 13.4/20 · P/BV 3.96× · P/BV÷ROE 0.11 · 70% evidence Relative strength 8.0/20 · Lead over its industry -4.7% · Lead over S&P 500 -12.1% · 1 year -12.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 21.2 + 20 + 13.4 + 8 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Interactive Brokers Group, Inc.](https://www.sectoralpha.in/us/stocks/ibkr) IBKR · quiet · Evidence leans up · 80% evidence 62.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Income 17.9% · Profit 28.4% · 81% evidence Capital efficiency 16.8/25 · ROA 2.3% · ROE 24.6% · GNPA n/a · 68% evidence Valuation 16.5/20 · P/BV 1.67× · P/BV÷ROE 0.07 · 70% evidence Relative strength 10.3/20 · Lead over its industry 1.3% · Lead over S&P 500 -6.6% · 1 year 9.8% · 100% evidence · 3 of 12 weeks ahead Exact sum: 18.7 + 16.8 + 16.5 + 10.3 = 62.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [The Goldman Sachs Group, Inc.](https://www.sectoralpha.in/us/stocks/gs) GS · quiet · Evidence leans up · 80% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Income 23.9% · Profit 34.6% · 81% evidence Capital efficiency 13.7/25 · ROA 1.3% · ROE 21.4% · GNPA n/a · 68% evidence Valuation 14.8/20 · P/BV 2.18× · P/BV÷ROE 0.1 · 70% evidence Relative strength 8.6/20 · Lead over its industry -1% · Lead over S&P 500 -8.8% · 1 year 14% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.7 + 13.7 + 14.8 + 8.6 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Piper Sandler Companies](https://www.sectoralpha.in/us/stocks/pipr) PIPR · basing · Evidence leans up · 76% evidence 60.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.7/35 · Income 32.4% · Profit 100% · 71% evidence Capital efficiency 17.3/25 · ROA 11.6% · ROE 17.4% · GNPA n/a · 68% evidence Valuation 9.4/20 · P/BV 3.12× · P/BV÷ROE 0.18 · 70% evidence Relative strength 5.8/20 · Lead over its industry -13.4% · Lead over S&P 500 -20.2% · 1 year -19.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.7 + 17.3 + 9.4 + 5.8 = 60.2 · What this means: Earnings are strong; relative strength in its sector is -13.4% and the one-year return is -19.3%. 10. [StoneX Group Inc.](https://www.sectoralpha.in/us/stocks/snex) SNEX · quiet · Evidence leans up · 76% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Income 20.4% · Profit 77.7% · 71% evidence Capital efficiency 15.6/25 · ROA 1.4% · ROE 26.7% · GNPA n/a · 68% evidence Valuation 12.4/20 · P/BV 3.3× · P/BV÷ROE 0.12 · 70% evidence Relative strength 6.2/20 · Lead over its industry -4.3% · Lead over S&P 500 -12% · 1 year 42.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.2 + 15.6 + 12.4 + 6.2 = 59.4 · What this means: Earnings are strong; relative strength in its sector is -4.3% and the one-year return is 42.2%. 11. [Morgan Stanley](https://www.sectoralpha.in/us/stocks/ms) MS · quiet · Evidence leans up · 80% evidence 57.3 out of 100 Growth Capital Valuation Relative
12. MarketAxess Holdings Inc. this page MKTX · losing its lead · Evidence leans up · 80% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Income 3.7% · Profit 33.3% · 81% evidence Capital efficiency 17.9/25 · ROA 9.7% · ROE 22.2% · GNPA n/a · 68% evidence Valuation 7.8/20 · P/BV 4.47× · P/BV÷ROE 0.2 · 70% evidence Relative strength 17.0/20 · Lead over its industry 6.9% · Lead over S&P 500 -1.1% · 1 year -1% · 100% evidence · 10 of 12 weeks ahead Exact sum: 14.5 + 17.9 + 7.8 + 17 = 57.2 · What this means: Relative strength against the index is -1.1%, and revenue and profit growth are weak. 13. [Jefferies Financial Group Inc.](https://www.sectoralpha.in/us/stocks/jef) JEF · basing · Evidence leans up · 80% evidence 56.5 out of 100 Growth Capital Valuation Relative
14. [The Charles Schwab Corporation](https://www.sectoralpha.in/us/stocks/schw) SCHW · quiet · Evidence leans up · 80% evidence 56.0 out of 100 Growth Capital Valuation Relative
15. [Stifel Financial Corp.](https://www.sectoralpha.in/us/stocks/sf) SF · quiet · Evidence leans up · 80% evidence 54.5 out of 100 Growth Capital Valuation Relative
16. [Figure Technology Solutions, Inc.](https://www.sectoralpha.in/us/stocks/figr) FIGR · quiet · Evidence leans up · 70% evidence 50.0 out of 100 Growth Capital Valuation Relative
17. [Bitmine Immersion Technologies, Inc.](https://www.sectoralpha.in/us/stocks/bmnr) BMNR · breaking out · Too little evidence to rank firmly · 55% evidence 47.0 out of 100 Growth Capital Valuation Relative
18. [LPL Financial Holdings Inc.](https://www.sectoralpha.in/us/stocks/lpla) LPLA · quiet · Evidence leans down · 76% evidence 45.8 out of 100 Growth Capital Valuation Relative
19. [XP Inc.](https://www.sectoralpha.in/us/stocks/xp) XP · quiet · Evidence leans down · 76% evidence 45.7 out of 100 Growth Capital Valuation Relative
20. [Galaxy Digital Inc.](https://www.sectoralpha.in/us/stocks/glxy) GLXY · basing · Too little evidence to rank firmly · 55% evidence 45.7 out of 100 Growth Capital Valuation Relative
21. [Houlihan Lokey, Inc.](https://www.sectoralpha.in/us/stocks/hli) HLI · turning · Evidence leans down · 76% evidence 44.4 out of 100 Growth Capital Valuation Relative
22. [Moelis & Company](https://www.sectoralpha.in/us/stocks/mc) MC · basing · Evidence leans down · 76% evidence 43.2 out of 100 Growth Capital Valuation Relative
23. [Robinhood Markets, Inc.](https://www.sectoralpha.in/us/stocks/hood) HOOD · basing · Evidence leans down · 76% evidence 40.9 out of 100 Growth Capital Valuation Relative
24. [Circle Internet Group, Inc.](https://www.sectoralpha.in/us/stocks/crcl) CRCL · breaking out · Too little evidence to rank firmly · 59% evidence 34.0 out of 100 Growth Capital Valuation Relative
25. [TeraWulf Inc.](https://www.sectoralpha.in/us/stocks/wulf) WULF · basing · Too little evidence to rank firmly · 55% evidence 33.2 out of 100 Growth Capital Valuation Relative
26. [Riot Platforms, Inc.](https://www.sectoralpha.in/us/stocks/riot) RIOT · quiet · Too little evidence to rank firmly · 55% evidence 30.8 out of 100 Growth Capital Valuation Relative
27. [Hut 8 Corp.](https://www.sectoralpha.in/us/stocks/hut) HUT · quiet · Most evidence points down · 64% evidence 29.0 out of 100 Growth Capital Valuation Relative
28. [IREN Limited](https://www.sectoralpha.in/us/stocks/iren) IREN · quiet · Most evidence points down · 64% evidence 26.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Markets](https://www.sectoralpha.in/us/sectors/capital-markets), all 28 compared on one page. ## Which companies are close to MarketAxess Holdings in size? MarketAxess Holdings is the 24th largest of 53 Capital Markets companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Galaxy Digital Inc., TeraWulf Inc. and PJT Partners Inc. Just below it: BGC Group, Inc., Riot Platforms, Inc. and Figure Technology Solutions, Inc. ### Capital Markets companies close in size

1. [Galaxy Digital Inc.](https://www.sectoralpha.in/us/stocks/glxy) $6.5 billion
2. [TeraWulf Inc.](https://www.sectoralpha.in/us/stocks/wulf) $6.3 billion
3. [PJT Partners Inc.](https://www.sectoralpha.in/us/stocks/pjt) $6 billion
4. MarketAxess Holdings Inc. $5.8 billion
5. [BGC Group, Inc.](https://www.sectoralpha.in/us/stocks/bgc) $5.3 billion
6. [Riot Platforms, Inc.](https://www.sectoralpha.in/us/stocks/riot) $5.3 billion
7. [Figure Technology Solutions, Inc.](https://www.sectoralpha.in/us/stocks/figr) $5 billion

[All 53 Capital Markets companies, largest first](https://www.sectoralpha.in/us/sectors/capital-markets#all-companies)

### Companies close in size in other industries

1. [NIQ Global Intelligence plc](https://www.sectoralpha.in/us/stocks/niq) $5.9 billion · Information Technology Services
2. [Hancock Whitney Corporation](https://www.sectoralpha.in/us/stocks/hwc) $5.8 billion · Banks - Regional
3. MarketAxess Holdings Inc. $5.8 billion
4. [Installed Building Products, Inc.](https://www.sectoralpha.in/us/stocks/ibp) $5.8 billion · Residential Construction
5. [EnerSys](https://www.sectoralpha.in/us/stocks/ens) $5.8 billion · Electrical Equipment & Parts

## What else do people ask about MarketAxess Holdings? ### What were MarketAxess Holdings's latest quarterly results? MarketAxess Holdings Inc. reported total income of $210 M and net profit of $53.9 M for the Sep 2026 quarter. Income rose 0.8% and profit fell 21.0% compared with a year earlier. Earnings per share were $1.53. The net margin was 25.6%, 7.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is MarketAxess Holdings's market cap? MarketAxess Holdings Inc.'s market capitalisation is $5.8 B at a stock price of $165.68. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is MarketAxess Holdings performing? MarketAxess Holdings Inc.'s share price has been stalling near its high for 15 weeks. In its latest quarter, income rose 0.8% and profit fell 21.0% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 15 weeks running (as of 3 November 2026). ### Will MarketAxess Holdings's stock price go up? This page does not forecast MarketAxess Holdings Inc.'s stock price. What it shows instead: the stock price is $165.68, and it has been stalling near its high for 15 weeks. Its P/BV of 4.6× is higher than 8% of its own last 5 years (as of 3 November 2026). ### Where is MarketAxess Holdings in its business cycle? MarketAxess Holdings Inc.'s FY25 net margin was 29.1%, against a 5-year range of 29.1% to 36.9%: the low end of its own range, which is often where recoveries start. The latest quarter was 25.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the MarketAxess Holdings story? The main question: the P/BV is near the low end of its own history, higher than only 8% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is MarketAxess Holdings a stock worth studying right now? What the numbers show: MarketAxess Holdings Inc.'s P/BV is near the low end of its own history, higher than only 8% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.