Marketaxess Holdings Inc
NASDAQ:MKTX

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Marketaxess Holdings Inc
NASDAQ:MKTX
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Price: 210.32 USD 3.51%
Market Cap: 7.9B USD

Gross Margin
Marketaxess Holdings Inc

89%
Current
92%
Average
65.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
89%
=
Gross Profit
727.1m
/
Revenue
816.8m

Gross Margin Across Competitors

Marketaxess Holdings Inc
Glance View

Economic Moat
None
Market Cap
7.9B USD
Industry
Financial Services

MarketAxess Holdings Inc., a pioneer in the realm of electronic trading platforms, has reshaped the fixed income market with its cutting-edge technology. Founded in 2000, the company stepped into the vast yet largely traditional bond trading landscape, bringing a much-needed digital transformation. By offering a centralized platform, MarketAxess bridges institutional investors with broker-dealers, enabling efficient electronic trading of corporate bonds, emerging market bonds, US Treasuries, and other fixed income securities. Their proprietary Open Trading system, a liquidity pool that combines both dealer and client order flows, stands as a testament to their innovative approach, enhancing transparency and access to liquidity which was previously tethered to conventional trade methods. The company's revenue model capitalizes on transaction fees derived from trades executed on its platform, benefiting from the growing shift towards automated and algorithmic trading. Additionally, they garner income through data products that offer valuable insights and market intelligence to their clients, underpinning better trade decisions. As the fixed income market gradually pivots towards electronic trading, MarketAxess's platform scalability and consistent innovation in its technology suite position it as a crucial player. By embracing the digital shift, the company not only empowers market participants with superior execution capabilities but also captures a widening slice of the revenue pie in an industry historically dominated by manual processes and opaque pricing.

MKTX Intrinsic Value
199.52 USD
Overvaluation 5%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
89%
=
Gross Profit
727.1m
/
Revenue
816.8m
What is the Gross Margin of Marketaxess Holdings Inc?

Based on Marketaxess Holdings Inc's most recent financial statements, the company has Gross Margin of 89%.

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