MarketAxess Holdings (MEX:MKTX) OCF Margin %: -32.28% (As of Mar. 2026)


MEX:MKTX MarketAxess Holdings Inc MEX:MKTX
69 GF Score
Price MXN2,756.00
GF Value MXN6,136.25
! 4 Warning Signs
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What is MarketAxess Holdings OCF Margin %?

MarketAxess Holdings MEX:MKTX 69 OCF Margin % is -32.28% as of Mar. 2026. GuruFocus rates MEX:MKTX with a GF Score™ of 69/100 and a GF Value™ of MXN6,136.25. The stock has 4 warning signs investors should review. Among 773 Capital Markets companies, MarketAxess Holdings ranks better than 69.73% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. MarketAxess Holdings's Cash Flow from Operations for the three months ended in Mar. 2026 was MXN-1,358 Mil. MarketAxess Holdings's Revenue for the three months ended in Mar. 2026 was MXN4,208 Mil. Therefore, MarketAxess Holdings's OCF Margin % for the quarter that ended in Mar. 2026 was -32.28%.

As of today, MarketAxess Holdings's current OCF Yield % is 6.85%.

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

MEX:MKTX' s OCF Margin % Range Over the Past 10 Years
Min: 24.41   Med: 44.76   Max: 58.7
Current: 32.36


During the past 13 years, the highest OCF Margin % of MarketAxess Holdings was 58.70%. The lowest was 24.41%. And the median was 44.76%.

MEX:MKTX's OCF Margin % is ranked better than
69.73% of 773 companies
in the Capital Markets industry
Industry Median: 3.74 vs MEX:MKTX: 32.36


MarketAxess Holdings OCF Margin % Related Terms


MarketAxess Holdings OCF Margin % Historical Data

* Premium members only.

The historical data trend for MarketAxess Holdings's OCF Margin % 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 OCF Margin % Chart

MarketAxess Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.36 40.27 44.35 47.15 45.16

MarketAxess Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 14.21 47.26 43.18 75.75 -32.28

MEX:MKTX vs LAZ, PJT, CLSK: OCF Margin % Comparison

For the Capital Markets subindustry, MarketAxess Holdings's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Capital Markets Industry

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

* The bar in red indicates where MarketAxess Holdings's OCF Margin % falls into.


MEX:MKTX
69GF Score
MarketAxess Holdings Inc MEX:MKTX
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MarketAxess Holdings OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

MarketAxess Holdings's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=6880.68/15237.648
=45.16 %

MarketAxess Holdings's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-1358.385/4208.472
=-32.28 %

* 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 OCF Margin % →
What does a OCF Margin % of -32.28% mean?
MarketAxess Holdings (MEX:MKTX) has a OCF Margin % of -32.28% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on MarketAxess Holdings and its competitors. Over the past decade, MarketAxess Holdings' OCF Margin % has ranged from 24.41 to 58.70. According to the industry distribution chart, MarketAxess Holdings ranks #234 out of 773 companies in the Capital Markets industry, placing it in the top 30.3%.
Is MarketAxess Holdings' OCF Margin % too high?
MarketAxess Holdings' current OCF Margin % is -32.28%. Over the past 10 years, this metric has ranged from a low of 24.41 to a high of 58.70. Based on the distribution chart, MarketAxess Holdings ranks #234 out of 773 companies in the Capital Markets industry, which is above the industry midpoint. Overall, MarketAxess Holdings has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does MarketAxess Holdings' OCF Margin % compare to LAZ and PJT?
According to the Capital Markets industry distribution chart, MarketAxess Holdings ranks #234 out of 773 companies for OCF Margin %. This puts MarketAxess Holdings in the upper half of its industry. The industry median OCF Margin % is 3.74. Historically, MarketAxess Holdings' own OCF Margin % has ranged from 24.41 to 58.70 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 OCF Margin % for a Capital Markets company?
The median OCF Margin % among Capital Markets companies is 3.74, based on 773 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on MarketAxess Holdings and its competitors. For the Capital Markets industry, the median OCF Margin % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MarketAxess Holdings's current OCF Margin % is -32.28%. 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?
MarketAxess Holdings (MEX:MKTX) has a current OCF Margin % of -32.28%. The stock's GF Value™ is MXN6,136.25, compared to a current price of MXN2,756.00 — trading 55.1% below its estimated fair value. The current OCF Margin % is -32.28%. MarketAxess Holdings' overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For MarketAxess Holdings (MEX:MKTX), the current OCF Margin % is -32.28% as of Mar. 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 (MEX:MKTX) Overvalued in 2026?

Based on GuruFocus' analysis, MarketAxess Holdings stock appears to be undervalued. The current stock price of MXN2,756.00 is trading 55.1% below its estimated GF Value™ of MXN6,136.25.

Key valuation signals for MEX:MKTX:

  • OCF Margin %: -32.28%
  • GF Value™: MXN6,136.25 vs. price of MXN2,756.00 (55.1% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the MEX:MKTX 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.
69GF Score

Get the complete analysis for MEX:MKTX

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

MXN2,756.00
Price
MXN6,136.25
GF Value