MarketAxess Holdings Inc. (MKTX) — Free Cash Flow Yield

Financial Services

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms 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 automated and algorithmic trading solutions, such as X-Pro, a trading platform to combine trading protocols with its proprietary data and pre-trade analytics; and integrated and actionable data offerings, including CP+ and Axess All, a real-time pricing engine, including Auto-X and portfolio trading. In addition, the company offers various pre-and post-trade services, such as processing, trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. The company was incorporated in 2000 and is headquartered in New York, New York.

MetricValue
FCF Yield6.6%
Financial Services Sector Avg FCF Yield7.4%
Annual Free Cash Flow$324M
Market Cap$4.9B
P/E Ratio16.4x

MarketAxess Holdings Inc.'s FCF yield of 6.6% is below the Financial Services sector average (7.4%).

Data from public filings. Not investment advice. Calculate your own FCF yield →