MKTX (MarketAxess Holdings) Total Tax Payable: $37.4 Mil (As of Jun. 2026)

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MKTX MarketAxess Holdings Inc MKTX
72 GF Score
Price $162.60
GF Value $246.81
Valuation Possible Value Trap
! 5 Warning Signs
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What is MarketAxess Holdings Total Tax Payable?

MarketAxess Holdings MKTX +0.02% 72 Total Tax Payable is $37.4 Mil as of Jun. 2026. GuruFocus rates MKTX with a GF Score™ of 72/100 and a GF Value™ of $246.81 (Possible Value Trap). The stock has 5 warning signs investors should review.

MarketAxess Holdings's Total Tax Payable for the quarter that ended in Jun. 2026 was $37.4 Mil.

MarketAxess Holdings's quarterly Total Tax Payable declined from Dec. 2025 ($49.3 Mil) to Mar. 2026 ($35.5 Mil) but then increased from Mar. 2026 ($35.5 Mil) to Jun. 2026 ($37.4 Mil).

MarketAxess Holdings's annual Total Tax Payable declined from Dec. 2023 ($7.9 Mil) to Dec. 2024 ($3.7 Mil) but then increased from Dec. 2024 ($3.7 Mil) to Dec. 2025 ($49.3 Mil).

MarketAxess Holdings Total Tax Payable Related Terms

MarketAxess Holdings Total Tax Payable Historical Data

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The historical data trend for MarketAxess Holdings's Total Tax Payable 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 Total Tax Payable Chart

MarketAxess Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Tax Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.46 28.45 7.89 3.68 49.27

MarketAxess Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Tax Payable 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 95.20 98.74 49.27 35.50 37.42
MKTX
72GF Score
MarketAxess Holdings Inc MKTX
Total Tax Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MarketAxess Holdings Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of $37.4 Mil mean?
MarketAxess Holdings (MKTX) has a Total Tax Payable of $37.4 Mil as of Jun. 2026. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on MarketAxess Holdings and its competitors.
Is MarketAxess Holdings' Total Tax Payable too high?
MarketAxess Holdings' current Total Tax Payable is $37.4 Mil. Overall, MarketAxess Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MarketAxess Holdings' Total Tax Payable compare to MIAX and GLXY?
MarketAxess Holdings' Total Tax Payable of $37.4 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Tax Payable for a Capital Markets company?
A good Total Tax Payable depends on the Capital Markets industry context. However, Total Tax Payable 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 Total Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on MarketAxess Holdings and its competitors. MarketAxess Holdings's current Total Tax Payable is $37.4 Mil. 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 $246.81, compared to a current price of $162.60 — trading 34.1% below its estimated fair value. The current Total Tax Payable is $37.4 Mil. MarketAxess Holdings' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For MarketAxess Holdings (MKTX), the current Total Tax Payable is $37.4 Mil 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 $162.60 is trading 34.1% below its estimated GF Value™ of $246.81. GuruFocus considers MarketAxess Holdings to be Possible Value Trap.

Key valuation signals for MKTX:

  • Total Tax Payable: $37.4 Mil
  • GF Value™: $246.81 vs. price of $162.60 (34.1% below fair value)
  • GF Score™: 72/100 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.
72GF Score

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

$162.60
Price
$246.81
GF Value