MarketAxess Holdings (MIL:1MKTX) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1MKTX MarketAxess Holdings Inc MIL:1MKTX
71 GF Score
Price €150.40
GF Value €235.88
! 5 Warning Signs
View Full Analysis

What is MarketAxess Holdings Dividend Payout Ratio?

MarketAxess Holdings MIL:1MKTX 71 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates MIL:1MKTX with a GF Score™ of 71/100 and a GF Value™ of €235.88. The stock has 5 warning signs investors should review. Among 324 Capital Markets companies, MarketAxess Holdings ranks worse than 55.25% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. MarketAxess Holdings's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for MarketAxess Holdings's Dividend Payout Ratio or its related term are showing as below:

MIL:1MKTX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.39   Max: 0.42
Current: 0.42


During the past 13 years, the highest Dividend Payout Ratio of MarketAxess Holdings was 0.42. The lowest was 0.31. And the median was 0.39.

MIL:1MKTX's Dividend Payout Ratio is ranked worse than
55.25% of 324 companies
in the Capital Markets industry
Industry Median: 0.34 vs MIL:1MKTX: 0.42

As of today (2026-08-02), the Dividend Yield % of MarketAxess Holdings is 1.32%.

During the past 13 years, the highest Trailing Annual Dividend Yield of MarketAxess Holdings was 2.72%. The lowest was 0.40%. And the median was 0.73%.

MarketAxess Holdings's Dividends per Share for the months ended in Mar. 2026 was €0.00.

During the past 12 months, MarketAxess Holdings's average Dividends Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MarketAxess Holdings was 84.60% per year. The lowest was 2.80% per year. And the median was 22.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


MarketAxess Holdings (MIL:1MKTX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


MarketAxess Holdings Dividend Payout Ratio Related Terms


MarketAxess Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for MarketAxess Holdings's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

MarketAxess Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MarketAxess Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio 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 0.38 0.42 0.00 0.00 0.00

MIL:1MKTX vs MIAX, GLXY, LAZ: Dividend Payout Ratio Comparison

For the Capital Markets subindustry, MarketAxess Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MarketAxess Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MarketAxess Holdings's Dividend Payout Ratio falls into.


MIL:1MKTX
71GF Score
MarketAxess Holdings Inc MIL:1MKTX
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MarketAxess Holdings Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

MarketAxess Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0/ 0
=N/A

MarketAxess Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 0
=N/A

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
MarketAxess Holdings (MIL:1MKTX) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on MarketAxess Holdings and its competitors. Over the past decade, MarketAxess Holdings' Dividend Payout Ratio has ranged from 0.31 to 0.42. According to the industry distribution chart, MarketAxess Holdings ranks #179 out of 324 companies in the Capital Markets industry, placing it in the top 55.2%.
Is MarketAxess Holdings' Dividend Payout Ratio too high?
MarketAxess Holdings' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.42. Based on the distribution chart, MarketAxess Holdings ranks #179 out of 324 companies in the Capital Markets industry, which is below the industry midpoint. Overall, MarketAxess Holdings has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does MarketAxess Holdings' Dividend Payout Ratio compare to MIAX and GLXY?
According to the Capital Markets industry distribution chart, MarketAxess Holdings ranks #179 out of 324 companies for Dividend Payout Ratio. This places MarketAxess Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.34. Historically, MarketAxess Holdings' own Dividend Payout Ratio has ranged from 0.31 to 0.42 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 Dividend Payout Ratio for a Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on MarketAxess Holdings and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MarketAxess Holdings's current Dividend Payout Ratio is 0.00. 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 (MIL:1MKTX) has a current Dividend Payout Ratio of 0.00. The stock's GF Value™ is €235.88, compared to a current price of €150.40 — trading 36.2% below its estimated fair value. The current Dividend Payout Ratio is 0.00. MarketAxess Holdings' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For MarketAxess Holdings (MIL:1MKTX), the current Dividend Payout Ratio is 0.00 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 (MIL:1MKTX) Overvalued in 2026?

Based on GuruFocus' analysis, MarketAxess Holdings stock appears to be undervalued. The current stock price of €150.40 is trading 36.2% below its estimated GF Value™ of €235.88.

Key valuation signals for MIL:1MKTX:

  • Dividend Payout Ratio: 0.00
  • GF Value™: €235.88 vs. price of €150.40 (36.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the MIL:1MKTX 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.
71GF Score

Get the complete analysis for MIL:1MKTX

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€150.40
Price
€235.88
GF Value