MarketAxess operates an electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments. The Company's trading system supports electronic trading in the U.S. high-grade corporate bonds, Eurobonds, high yield/crossover bonds, emerging markets bonds, agency securities, structured products, preferred stock, and credit default swaps.
Type | Public | |
Founded | 2000 | |
HQ | New York, NY, US | Map |
Website | marketaxess.com | |
Employee Ratings | More | |
Overall Culture | D- | More |
USD | |
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Revenue (FY, 2020) | 689.1m |
Net income (FY, 2020) | 299.4m |
EBIT (FY, 2020) | 374.7m |
Market capitalization (1-Mar-2021) | 22.0b |
Closing stock price (1-Mar-2021) | 579.1 |
Cash (31-Dec-2020) | 460.9m |
EV | 21.6b |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
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Revenue | 181.1m | 198.2m | 238.7m | 262.8m | 303.1m | 369.9m | 397.5m | 435.6m | 511.4m | 689.1m |
Revenue growth, % | 25% | 10% | 15% | 22% | ||||||
Sales and marketing expense | 4.9m | 5.5m | 4.6m | 5.8m | 6.1m | 8.9m | 9.8m | 12.1m | 11.6m | 7.9m |
General and administrative expense | 7.9m | 8.6m | 8.9m | 9.7m | 13.0m | 15.6m | 12.6m | 11.4m | 15.7m | 12.7m |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
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Revenue | 45.8m | 46.6m | 50.7m | 48.8m | 48.3m | 55.6m | 65.6m | 61.1m | 63.4m | 65.0m | 64.2m | 76.8m | 75.5m | 74.2m | 88.6m | 96.6m | 90.3m | 103.9m | 97.3m | 96.7m | 114.7m | 107.0m | 101.4m | 124.5m | 125.5m | 131.6m | 169.0m | 184.8m | 164.0m |
Sales and marketing expense | 1.2m | 1.3m | 1.4m | 1.7m | 1.1m | 985.0k | 1.4m | 1.2m | 1.2m | 1.8m | 1.3m | 1.2m | 1.8m | 1.3m | 1.8m | 1.8m | 2.1m | 1.9m | 2.8m | 2.1m | 2.1m | 3.5m | 3.0m | 2.3m | 3.7m | 2.5m | 2.7m | 1.8m | 1.1m |
General and administrative expense | 1.8m | 1.7m | 2.1m | 2.0m | 2.1m | 2.6m | 2.1m | 1.9m | 2.2m | 2.3m | 2.6m | 2.7m | 3.3m | 3.5m | 3.9m | 4.2m | 3.7m | 2.7m | 2.9m | 3.4m | 2.5m | 2.7m | 2.7m | 3.1m | 3.8m | 3.8m | 3.1m | 3.3m | 3.5m |
R&D expense | 2.7m | 2.8m | 3.0m | 3.0m | 3.3m | 3.2m | 4.1m | 4.5m | 4.5m | 4.4m | 4.4m | 4.3m | 4.0m | 3.9m | 4.3m | 4.3m | 4.2m | 4.6m | 4.8m | 5.0m | 5.8m | 5.8m | 5.9m | 5.8m | 6.5m | 7.4m | 8.2m | 8.6m | 8.4m |
USD | Y, 2009 | Y, 2010 | FY, 2011 | Y, 2011 | Y, 2012 | FY, 2012 | FY, 2013 | Y, 2013 | Y, 2014 | FY, 2014 | Y, 2015 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 103.3m | 125.0m | 169.6m | 169.6m | 128.9m | 128.9m | 132.7m | 132.7m | 168.9m | 168.9m | 199.7m | 199.7m | 168.2m | 167.0m | 246.3m | 270.1m | 460.9m |
Accounts Receivable | 36.2m | 31.0m | 34.2m | 33.8m | 40.5m | 52.6m | 57.5m | 62.0m | 79.6m | ||||||||
Prepaid Expenses | 8.5m | 8.1m | 10.6m | 6.7m | 9.9m | 18.7m | 22.5m | 30.8m | 29.0m | ||||||||
Inventories |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 135.8m | 157.6m | 119.8m | 129.6m | 150.1m | 125.9m | 135.5m | 119.0m | 130.0m | 133.2m | 155.1m | 161.0m | 169.3m | 160.4m | 138.0m | 153.3m | 161.4m | 137.7m | 128.1m | 139.0m | 156.2m | 170.7m | 210.1m | 261.0m | 286.2m | 320.5m | 363.8m | 404.1m | 310.4m |
Accounts Receivable | 34.5m | 31.9m | 33.0m | 33.2m | 33.4m | 35.5m | 41.8m | 36.9m | 39.1m | 40.9m | 36.9m | 46.1m | 46.9m | 49.3m | 52.8m | 62.9m | 56.6m | 56.6m | 55.2m | 63.0m | 67.5m | 61.9m | 62.0m | 70.9m | 66.3m | 72.8m | 93.6m | 99.2m | 81.7m |
Prepaid Expenses | 12.3m | 10.9m | 6.8m | 13.7m | 8.6m | 8.9m | 11.2m | 10.5m | 9.3m | 12.4m | 8.8m | 7.2m | 12.6m | 7.2m | 12.8m | 13.5m | 11.8m | 13.8m | 21.1m | 16.2m | 17.9m | 21.0m | 18.6m | 17.2m | 22.6m | 18.6m | 20.3m | 41.1m | 26.2m |
PP&E | 13.4m | 14.1m | 14.9m | 15.0m | 18.5m | 18.7m | 26.4m | 27.6m | 33.4m | 34.4m | 32.8m | 31.2m | 31.3m | 31.0m | 32.1m | 31.5m | 30.8m | 33.9m | 34.6m | 35.3m | 39.6m | 50.1m | 54.3m | 61.0m | 64.2m | 66.5m | 74.9m | 78.5m | 82.1m |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | 47.7m | 60.1m | 76.0m | 74.8m | 96.0m | 126.2m | 148.1m | 172.9m | 204.9m | 299.4m |
Depreciation and Amortization | 6.8m | 8.2m | 13.1m | 17.4m | 18.5m | 17.8m | 19.3m | 23.1m | 26.9m | 36.0m |
Accounts Payable | 178.0k | (714.0k) | 1.2m | (950.0k) | (9.0k) | 2.3m | (1.6m) | 14.4m | (1.5m) | 6.0m |
Cash From Operating Activities | 65.5m | 81.6m | 90.9m | 110.0m | 120.2m | 80.3m | 168.0m | 223.9m | 265.9m | 404.5m |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 22.7m | 36.2m | 13.5m | 26.1m | 39.6m | 15.3m | 34.7m | 52.9m | 17.5m | 35.7m | 53.2m | 24.6m | 48.8m | 71.5m | 29.0m | 62.1m | 93.0m | 42.5m | 80.5m | 114.6m | 47.9m | 88.4m | 127.0m | 52.5m | 100.6m | 154.6m | 74.8m | 158.7m | 226.4m |
Depreciation and Amortization | 3.2m | 5.0m | 1.9m | 3.8m | 5.9m | 2.6m | 7.1m | 9.3m | 4.1m | 8.5m | 13.0m | 4.6m | 9.2m | 13.9m | 4.7m | 9.2m | 13.5m | 4.7m | 9.5m | 14.1m | 5.3m | 11.1m | 17.2m | 6.1m | 12.4m | 19.1m | 8.1m | 16.4m | 25.4m |
Accounts Payable | (195.0k) | 497.0k | 2.4m | 242.0k | 449.0k | 5.0m | 3.0m | 7.1m | 4.7m | 4.1m | (1.5m) | 849.0k | 1.2m | 1.2m | 4.7m | 2.7m | 2.6m | 1.1m | (441.0k) | (2.9m) | 307.0k | 5.6m | 4.6m | (3.8m) | (877.0k) | (2.0m) | 15.9m | 3.5m | 5.8m |
Cash From Operating Activities | 19.4m | 46.8m | 13.4m | 25.9m | 53.3m | 10.3m | 30.2m | 67.3m | 10.1m | 36.4m | 68.6m | 10.0m | 40.6m | 76.3m | (57.4m) | (28.7m) | 24.0m | 30.5m | 69.1m | 121.6m | 31.4m | 85.8m | 153.8m | 39.4m | 109.1m | 176.8m | 120.4m | 225.2m | 176.9m |
FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | |
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Enterprise Customers | 1 k | 1 k | 1.20 k | ||||||||||
Patents Issued | 13 | 13 | 13 | ||||||||||
Total Bond Trading Volume | $767 b | $243.68 b | $244.74 b | $239.73 b | $250.37 b | $978.50 b | $310.02 b | $338.28 b | $322.15 b | $338.26 b | $1.31 t | $394.42 b | $361.51 b |
Transactions | 1.10 b | 1 b | 1.20 b |
Company Name | Date | Deal Size |
---|---|---|
LiquidityEdge | August 14, 2019 | $150 m |
MarketAxess revenue breakdown by geographic segment: 85.0% from United States, 14.6% from United Kingdom and 0.4% from Other
MarketAxess has 2.81k Twitter Followers. The number of followers has increased 1.3% month over month and increased 2.4% quarter over quarter
4.9k
Tweets
435
Following
2.8k
Followers
24
Tweets last 30 days
1.6
Avg. likes per Tweet
87.5%
Tweets with engagement
D-
54/100
A+
90/100
A
84/100
When was MarketAxess founded?
MarketAxess was founded in 2000.
How many employees does MarketAxess have?
MarketAxess has 527 employees.
What is MarketAxess revenue?
Latest MarketAxess annual revenue is $689.1 m.
What is MarketAxess revenue per employee?
Latest MarketAxess revenue per employee is $1.3 m.
Who are MarketAxess competitors?
Competitors of MarketAxess include Intercontinental Exchange, 4finance and Rupeek.
Where is MarketAxess headquarters?
MarketAxess headquarters is located at 299 Park Ave, New York.
Where are MarketAxess offices?
MarketAxess has offices in New York and London.
How many offices does MarketAxess have?
MarketAxess has 2 offices.
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