Marketaxess Holdings Inc
NASDAQ:MKTX

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Marketaxess Holdings Inc
NASDAQ:MKTX
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Price: 221.59 USD -0.05%
Market Cap: 8.4B USD

Operating Margin
Marketaxess Holdings Inc

41.7%
Current
44%
Average
24.6%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
41.7%
=
Operating Profit
340.5m
/
Revenue
816.8m

Operating Margin Across Competitors

Marketaxess Holdings Inc
Glance View

Economic Moat
None
Market Cap
8.3B 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
203.19 USD
Overvaluation 8%
Intrinsic Value
Price
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
41.7%
=
Operating Profit
340.5m
/
Revenue
816.8m
What is the Operating Margin of Marketaxess Holdings Inc?

Based on Marketaxess Holdings Inc's most recent financial statements, the company has Operating Margin of 41.7%.

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