MarketAxess Holdings (FRA:MWI) FCF Yield %: 3.83 (As of Aug. 02, 2026) — 82% Above Median

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FRA:MWI MarketAxess Holdings Inc FRA:MWI
74 GF Score
Price €139.75
GF Value €219.17
Valuation Significantly Undervalued
! 5 Warning Signs
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What is MarketAxess Holdings FCF Yield %?

MarketAxess Holdings FRA:MWI +28.86% 74 FCF Yield % is 3.83 as of Aug. 02, 2026, which is 82% above its 10-year median of 2.10. GuruFocus rates FRA:MWI with a GF Score™ of 74/100 and a GF Value™ of €219.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 806 Capital Markets companies, MarketAxess Holdings ranks better than 62.9% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, MarketAxess Holdings's Trailing 12-Month Free Cash Flow is €186.8 Mil, and Market Cap is €4,956.9 Mil. Therefore, MarketAxess Holdings's FCF Yield % for today is 3.83%.

The historical rank and industry rank for MarketAxess Holdings's FCF Yield % or its related term are showing as below:

FRA:MWI' s FCF Yield % Range Over the Past 10 Years
Min: 0.7   Med: 2.1   Max: 5.83
Current: 3.83


During the past 13 years, the highest FCF Yield % of MarketAxess Holdings was 5.83%. The lowest was 0.70%. And the median was 2.10%.

FRA:MWI's FCF Yield % is ranked better than
62.9% of 806 companies
in the Capital Markets industry
Industry Median: -0.015 vs FRA:MWI: 3.83

MarketAxess Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was -39.71%.


MarketAxess Holdings FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


MarketAxess Holdings FCF Yield % Related Terms


MarketAxess Holdings FCF Yield % Historical Data

* Premium members only.

The historical data trend for MarketAxess Holdings's FCF Yield % 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.

MarketAxess Holdings FCF Yield % Chart

MarketAxess Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 2.25 2.56 3.85 5.02

MarketAxess Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.55 4.74 8.88 -6.35 0.00

FRA:MWI vs MIAX, GLXY, LAZ: FCF Yield % Comparison

For the Capital Markets subindustry, MarketAxess Holdings's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MarketAxess Holdings FCF Yield % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MarketAxess Holdings's FCF Yield % distribution charts can be found below:

* The bar in red indicates where MarketAxess Holdings's FCF Yield % falls into.


FRA:MWI
74GF Score
MarketAxess Holdings Inc FRA:MWI
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MarketAxess Holdings FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

MarketAxess Holdings's FCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=276.803 / 5513.2357
=5.02%

MarketAxess Holdings's annualized FCF Yield % for the quarter that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-80.166 * 4 / 5050.5182
=-6.35%

* 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.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of 3.83 mean?
MarketAxess Holdings (FRA:MWI) has a FCF Yield % of 3.83 as of Aug. 02, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on MarketAxess Holdings and its competitors. This is 82% above median its historical median of 2.10. Over the past decade, MarketAxess Holdings' FCF Yield % has ranged from 0.70 to 5.83. According to the industry distribution chart, MarketAxess Holdings ranks #299 out of 806 companies in the Capital Markets industry, placing it in the top 37.1%.
Is MarketAxess Holdings' FCF Yield % too high?
MarketAxess Holdings' current FCF Yield % of 3.83 is 82% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 5.83. Based on the distribution chart, MarketAxess Holdings ranks #299 out of 806 companies in the Capital Markets industry, which is above the industry midpoint. Overall, MarketAxess Holdings has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MarketAxess Holdings' FCF Yield % compare to MIAX and GLXY?
According to the Capital Markets industry distribution chart, MarketAxess Holdings ranks #299 out of 806 companies for FCF Yield %. This puts MarketAxess Holdings in the upper half of its industry. Historically, MarketAxess Holdings' own FCF Yield % has ranged from 0.70 to 5.83 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for a Capital Markets company?
A good FCF Yield % depends on the Capital Markets industry context. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on MarketAxess Holdings and its competitors. MarketAxess Holdings's current FCF Yield % is 3.83, which is 82% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarketAxess Holdings stock overvalued right now?
Based on GuruFocus' analysis, MarketAxess Holdings (FRA:MWI) is currently considered Significantly Undervalued. The stock's GF Value™ is €219.17, compared to a current price of €139.75 — trading 36.2% below its estimated fair value. The current FCF Yield % is 3.83, which is 82% above median its 10-year median of 2.10. MarketAxess Holdings' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For MarketAxess Holdings (FRA:MWI), the current FCF Yield % is 3.83 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MarketAxess Holdings (FRA:MWI) Overvalued in 2026?

Based on GuruFocus' analysis, MarketAxess Holdings stock appears to be undervalued. The current stock price of €139.75 is trading 36.2% below its estimated GF Value™ of €219.17. GuruFocus considers MarketAxess Holdings to be Significantly Undervalued.

Key valuation signals for FRA:MWI:

  • FCF Yield %: 3.83 (82% above median its 10-year median of 2.10)
  • GF Value™: €219.17 vs. price of €139.75 (36.2% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the FRA:MWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MarketAxess Holdings Business Description

Address 55 Hudson Yards, New York, NY, USA, 10001
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 US 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.
74GF Score

Get the complete analysis for FRA:MWI

FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€139.75
Price
€219.17
GF Value