MKTX (MarketAxess Holdings) Profitability Rank: 8 (As of Jun. 2026) — 20% Below Median

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MKTX MarketAxess Holdings Inc MKTX
71 GF Score
Price $163.38
GF Value $249.26
Valuation Possible Value Trap
! 5 Warning Signs
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What is MarketAxess Holdings Profitability Rank?

MarketAxess Holdings MKTX 71 Profitability Rank is 8 as of Jun. 2026, which is 20% below its 10-year median of 10.00. GuruFocus rates MKTX with a GF Score™ of 71/100 and a GF Value™ of $249.26 (Possible Value Trap). The stock has 5 warning signs investors should review.

MarketAxess Holdings has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is rated on a scale of 1 to 10 and is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

MarketAxess Holdings's Operating Margin % for the quarter that ended in Jun. 2026 was 41.71%. As of today, MarketAxess Holdings's Piotroski F-Score is 4.


MarketAxess Holdings Profitability Rank Related Terms


MKTX vs BGC, VIRT, PIPR: Profitability Rank Comparison

For the Capital Markets subindustry, MarketAxess Holdings's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank vs Capital Markets Industry

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

* The bar in red indicates where MarketAxess Holdings's Profitability Rank falls into.


MKTX
71GF Score
MarketAxess Holdings Inc MKTX
Profitability Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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MarketAxess Holdings Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The rank is rated on a scale of 1 to 10. A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

MarketAxess Holdings has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

MarketAxess Holdings's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=90.979 / 218.132
=41.71 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

MarketAxess Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

MarketAxess Holdings Inc operating margin has been in a 5-year decline. The average rate of decline per year is -5.6%.

4. Consistency of the profitability

5. Predictability Rank

Frequently Asked Questions Learn more about Profitability Rank →
What does a Profitability Rank of 8 mean?
MarketAxess Holdings (MKTX) has a Profitability Rank of 8 as of Jun. 2026. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on MarketAxess Holdings and its competitors. This is 20% below median its historical median of 10.00. Over the past decade, MarketAxess Holdings' Profitability Rank has ranged from 8.00 to 10.00.
Is MarketAxess Holdings' Profitability Rank too high?
MarketAxess Holdings' current Profitability Rank of 8 is 20% below median its 10-year median of 10.00. Over the past 10 years, this metric has ranged from a low of 8.00 to a high of 10.00. Overall, MarketAxess Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MarketAxess Holdings' Profitability Rank compare to BGC and VIRT?
MarketAxess Holdings' Profitability Rank of 8 can be compared against companies in the Capital Markets industry. Historically, MarketAxess Holdings' own Profitability Rank has ranged from 8.00 to 10.00 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 Profitability Rank for a Capital Markets company?
A good Profitability Rank depends on the Capital Markets industry context. However, Profitability Rank 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 Profitability Rank mean?
A high Profitability Rank can signal that a stock is expensive relative to its fundamentals. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on MarketAxess Holdings and its competitors. MarketAxess Holdings's current Profitability Rank is 8, which is 20% below median its own 10-year median of 10.00. 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?
Based on GuruFocus' analysis, MarketAxess Holdings (MKTX) is currently considered Possible Value Trap. The stock's GF Value™ is $249.26, compared to a current price of $163.38 — trading 34.5% below its estimated fair value. The current Profitability Rank is 8, which is 20% below median its 10-year median of 10.00. 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 Profitability Rank calculated?
Profitability Rank is calculated from a company's financial statements. For MarketAxess Holdings (MKTX), the current Profitability Rank is 8 as of Jun. 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 (MKTX) Overvalued in 2026?

Based on GuruFocus' analysis, MarketAxess Holdings stock appears to be undervalued. The current stock price of $163.38 is trading 34.5% below its estimated GF Value™ of $249.26. GuruFocus considers MarketAxess Holdings to be Possible Value Trap.

Key valuation signals for MKTX:

  • Profitability Rank: 8 (20% below median its 10-year median of 10.00)
  • GF Value™: $249.26 vs. price of $163.38 (34.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the 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.
71GF Score

Get the complete analysis for MKTX

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

$163.38
Price
$249.26
GF Value