EBITDA (Annual)

EBITDA: Income before interest, taxes, depreciation and amortization.

MarketAxess Holdings Inc. (MKTX) had EBITDA of $426.06M for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$846.27M
Net Income	$246.63M
Cost of Goods Sold	--
Gross Profit	$846.27M
Operating Expenses	$504.43M
Operating Income	$341.84M
Non-Operating Income/Expense	$25.16M
Pre-Tax Income	$367.00M
Normalized Pre-Tax Income	$367.00M
Income after Taxes	$246.91M
Income from Continuous Operations	$246.91M
Consolidated Net Income/Loss	$246.91M
Normalized Income after Taxes	$246.91M
EBIT	$341.84M
EBITDA	$426.06M
Weighted-Average Shares Outstanding (Basic)	37.06M
Weighted-Average Shares Outstanding (Diluted)	37.14M
Earnings per Share (EPS) (Basic)	$6.66
Earnings per Share (EPS) (Diluted)	$6.64
Balance Sheet Financials
Current Assets	$1.38B
Property, Plant, and Equipment	$112.43M
Long-Term Assets	$506.73M
Total Assets	$1.93B
Current Liabilities	$491.69M
Long-Term Debt	$220.00M
Long-Term Liabilities	$297.53M
Total Liabilities	$789.22M
Common Equity	$1.15B
Tangible Shareholders Equity	$751.37M
Shareholders Equity	$1.15B
Common Shares Outstanding	35.78M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$382.14M
Cash Flow from Investing Activities	$-96.93M
Cash Flow from Financial Activities	$-332.37M
Beginning Cash	$700.46M
End Cash	$675.85M
Increase/Decrease in Cash	$-24.61M
Stock-Based Compensation	$30.92M
Common Stock Dividends Paid	$-115.20M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.80
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.16
Debt to Equity Ratio	0.19
Gross Margin	100.00%
Operating Margin	40.39%
EBIT Margin	40.39%
EBITDA Margin	50.35%
Pre-Tax Profit Margin	43.37%
Profit Margin	29.14%
Free Cash Flow	$324.12M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.44
Inventory Turnover	--
Receiveable Turnover	1.43
Days Sales in Receivables	254.56
Return on Equity	21.55%
Return on Tangible Equity	32.86%
Return on Assets	12.76%
Return on Investments	18.08%
Book Value Per Share	$32.02
Free Cash Flow per Share	$8.73
Operating Cash Flow per Share	$10.29

Data from Zacks Investment Research, Inc.