MarketAxess Holdings Inc. (MKTX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.55B | 1.08B | 1.24B | 1.18B | 1.21B | 1.15B | 1.14B | 1.25B | 1.26B | 1.35B | 1.13B | 1.04B | 1.08B | 1.07B | 1.07B | 1.08B | 1.22B | 1.04B | 1.11B | 1.04B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 232.58 | 46.91 | 48.88 | 45.12 | 43.71 | 44.37 | 43.16 | 44.34 | 40.78 | 42.65 | 48.8 | 48.87 | 39.57 | 42.92 | 46.78 | 40.69 | 33.84 | 36.57 | 43.82 | 44.91 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 48.35M | 47.93M | 47.51M | 47.11M | 46.66M | 46.14M | 45.63M | 45.12M | 52.6M | 52.02M | 51.46M | 50.95M | 50.52M | 50.28M | 50.19M | 50.16M | 19.19M | 16.4M |
| Total Non-Current Assets | 755.95M | 729.26M | 775.07M | 791.81M | 672.72M | 643.28M | 689.9M | 639.73M | 669.64M | 669.92M | 607.25M | 578.43M | 545.04M | 537.3M | 485.03M | 487.3M | 484.77M | 490.14M | 498.66M | 500.49M |
| Property, Plant & Equipment | 162.63M | 112.43M | 165.03M | 164.59M | 164.48M | 165.43M | 169.48M | 169.3M | 169.25M | 165.72M | 164.75M | 162.7M | 164.04M | 166.36M | 160.17M | 161.86M | 164.49M | 167.02M | 168.16M | 167.01M |
| Fixed Asset Turnover | 1.70x | 1.49x | 1.28x | 1.36x | 1.25x | 1.20x | 1.23x | 1.17x | 1.26x | 1.18x | 1.06x | 1.10x | 1.23x | 1.09x | 1.07x | 1.12x | 1.12x | 0.99x | 0.97x | 1.07x |
| Goodwill | 283.67M | 283.67M | 283.67M | 286.02M | 236.71M | 236.71M | 236.71M | 236.71M | 236.71M | 236.71M | 154.79M | 154.79M | 154.79M | 154.79M | 154.79M | 154.79M | 154.79M | 154.79M | 154.79M | 154.79M |
| Intangible Assets | 105.28M | 110.63M | 115.88M | 121.4M | 94.43M | 98.08M | 104.33M | 108.42M | 113.58M | 119.11M | 84.69M | 89.81M | 94.41M | 98.06M | 99.89M | 105.61M | 111.62M | 116.38M | 119.8M | 119.99M |
| Long-Term Investments | 158.52M | 170.68M | 168.47M | 169.35M | 97.26M | 60.48M | 94.81M | 39.47M | 63.58M | 63.89M | 114.31M | 89.49M | 65.93M | 49.79M | 0 | 0 | 24.56M | 24.88M | 24.96M | 24.99M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 2.3B | 1.81B | 2.01B | 1.97B | 1.88B | 1.79B | 1.83B | 1.89B | 1.93B | 2.02B | 1.74B | 1.62B | 1.63B | 1.61B | 1.56B | 1.57B | 1.71B | 1.53B | 1.61B | 1.54B |
| Asset Turnover | 0.11x | 0.11x | 0.11x | 0.12x | 0.11x | 0.11x | 0.11x | 0.10x | 0.11x | 0.10x | 0.10x | 0.11x | 0.13x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.10x | 0.11x |
| Asset Growth % | 22.55% | 1.08% | 9.87% | 4.68% | -2.54% | -11.21% | 5.5% | 16.52% | 18.33% | 25.33% | 11.4% | 3.28% | -4.63% | 5.05% | -3.24% | 1.94% | 10.45% | 14.95% | 29.42% | 47.99% |
| Total Current Liabilities | 63.71M | 585.41M | 496.48M | 456.61M | 429.07M | 259.85M | 318.9M | 431.24M | 502M | 582.3M | 423.48M | 338.3M | 400.88M | 387.7M | 412.5M | 445.67M | 571.39M | 341M | 417.61M | 385.52M |
| Accounts Payable | 0 | 199.68M | 31.91M | 31.63M | 29.21M | 37.32M | 33.44M | 36.34M | 33.36M | 37.01M | 40.02M | 32.42M | 46.67M | 55.26M | 47.36M | 42.8M | 70.3M | 71.22M | 69.3M | 65.87M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 63.71M | 220M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35.88M | -24.73M | -56.3M | -45.22M | -35.69M | -26.17M | -59.72M | -49.05M | -39.28M |
| Current Ratio | 24.26x | 1.84x | 2.50x | 2.59x | 2.81x | 4.41x | 3.58x | 2.89x | 2.50x | 2.31x | 2.67x | 3.08x | 2.70x | 2.76x | 2.61x | 2.42x | 2.14x | 3.05x | 2.67x | 2.69x |
| Quick Ratio | 24.26x | 1.84x | 2.50x | 2.59x | 2.81x | 4.41x | 3.58x | 2.89x | 2.50x | 2.31x | 2.67x | 3.08x | 2.70x | 2.76x | 2.61x | 2.42x | 2.14x | 3.05x | 2.67x | 2.69x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.03B | 64.94M | 127.25M | 117.43M | 101.72M | 140.71M | 127.89M | 126.25M | 106.73M | 139.8M | 123.05M | 115.8M | 106.05M | 138.98M | 128.5M | 121.24M | 112.56M | 148.14M | 139.01M | 130.54M |
| Long-Term Debt | 228.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 1.1B | 650.35M | 623.73M | 574.04M | 530.78M | 400.56M | 446.8M | 557.49M | 608.73M | 722.1M | 546.53M | 454.1M | 506.93M | 526.68M | 541.01M | 566.91M | 683.94M | 489.14M | 556.62M | 516.06M |
| Total Debt | 291.96M | 284.94M | 66.87M | 69.23M | 70.8M | 72.65M | 75.08M | 76.08M | 78.07M | 79.68M | 79.17M | 79.92M | 81.32M | 82.68M | 83.29M | 85.56M | 86.39M | 88.42M | 89.96M | 91.27M |
| Net Debt | -134.39M | -234.8M | -406.43M | -393.61M | -415.42M | -471.82M | -371.27M | -357.98M | -298.61M | -371.6M | -341.33M | -316.56M | -251.46M | -348.07M | -235.41M | -204.99M | -278.18M | -418.31M | -342.75M | -322.35M |
| Debt / Equity | 0.24x | 0.25x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.08x | 0.08x | 0.09x | 0.08x | 0.08x | 0.09x | 0.09x |
| Debt / EBITDA | 2.43x | 2.89x | 0.63x | 0.59x | 0.64x | 0.78x | 0.67x | 0.75x | 0.70x | 0.78x | 0.96x | 0.85x | 0.72x | 0.87x | 0.90x | 0.84x | 0.83x | 0.99x | 1.00x | 0.89x |
| Net Debt / EBITDA | -1.12x | -2.38x | -3.83x | -3.33x | -3.74x | -5.08x | -3.29x | -3.52x | -2.67x | -3.65x | -4.12x | -3.36x | -2.22x | -3.67x | -2.54x | -2.02x | -2.68x | -4.70x | -3.82x | -3.16x |
| Interest Coverage | 36.97x | 83.77x | 548.60x | 701.83x | 452.43x | 267.02x | 269.49x | 140.03x | 307.07x | 52.23x | 438.46x | 1490.62x | 756.35x | 1528.46x | 572.47x | 266.81x | 523.65x | 432.17x | 238.24x | 504.23x |
| Total Equity | 1.2B | 1.16B | 1.39B | 1.4B | 1.35B | 1.39B | 1.39B | 1.33B | 1.32B | 1.29B | 1.19B | 1.17B | 1.12B | 1.08B | 1.02B | 1B | 1.02B | 1.04B | 1.06B | 1.02B |
| Equity Growth % | -10.64% | -16.59% | 0.28% | 5.39% | 2.21% | 7.4% | 16.4% | 14.09% | 17.54% | 19.6% | 16.91% | 16.42% | 9.57% | 3.82% | -3.46% | -2.06% | 3.57% | 9.03% | 17.58% | 19.73% |
| Book Value per Share | 34.02 | 31.46 | 37.46 | 37.56 | 35.97 | 36.93 | 36.86 | 35.27 | 34.88 | 34.20 | 31.70 | 31.00 | 29.79 | 28.77 | 27.12 | 26.61 | 27.06 | 27.37 | 27.71 | 26.82 |
| Total Shareholders' Equity | 1.19B | 1.15B | 1.38B | 1.39B | 1.35B | 1.39B | 1.39B | 1.33B | 1.32B | 1.29B | 1.19B | 1.17B | 1.12B | 1.08B | 1.02B | 1B | 1.02B | 1.04B | 1.06B | 1.02B |
| Common Stock | 124K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K | 123K |
| Retained Earnings | 1.59B | 1.54B | 1.47B | 1.43B | 1.39B | 1.41B | 1.37B | 1.33B | 1.29B | 1.24B | 1.21B | 1.18B | 1.15B | 1.1B | 1.07B | 1.04B | 995.19M | 956.97M | 929.85M | 896.98M |
| Treasury Stock | -752.33M | -694.76M | -451.4M | -407.03M | -370.34M | -333.37M | -316.52M | -302.45M | -269M | -260.3M | -327.09M | -327.81M | -327.81M | -328.33M | -320.25M | -320.25M | -271.51M | -232.71M | -187.72M | -183.48M |
| Accumulated OCI | -11.67M | -4.36M | -3.63M | 1.32M | -23.45M | -34.7M | -10.14M | -29.23M | -28.65M | -24.37M | -37.61M | -27.9M | -31.98M | -37.7M | -60.09M | -39.84M | -18.38M | -13.33M | -10.59M | -5.44M |
| Minority Interest | 13.52M | 12.59M | 11.73M | 14.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |