MarketAxess Holdings (BSP:M1KT34) Tax Rate % : 24.92% (As of Mar. 2024)

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What is MarketAxess Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MarketAxess Holdings's Tax Expense for the three months ended in Mar. 2024 was R$120 Mil. MarketAxess Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was R$482 Mil. Therefore, MarketAxess Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 24.92%.

MarketAxess Holdings Tax Rate % Historical Data

The historical data trend for MarketAxess Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MarketAxess Holdings Tax Rate % Chart

MarketAxess Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.40

20.03

22.77

26.03

22.44

MarketAxess Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.02	24.18	23.42	16.92	24.92

MarketAxess Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

MarketAxess Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	365.746	/	1630.163
	=	22.44 %

MarketAxess Holdings's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	120.023	/	481.631
	=	24.92 %

MarketAxess Holdings Tax Rate % Related Terms

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MarketAxess Holdings (BSP:M1KT34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » MarketAxess Holdings Inc (BSP:M1KT34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MKTX:USA MWI:Germany

Address

55 Hudson Yards, 15th Floor, New York, NY, USA, 10001

Website

https://www.marketaxess.com

Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being U.S. investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

MarketAxess Holdings (BSP:M1KT34) Headlines

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