MarketAxess Holdings Inc. (MKTX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
55 HUDSON YARDS, 15TH FLOOR NEW YORK, NY 10001 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 451,280 | 420,497 | 396,487 | 332,780 | 430,746 | 318,699 | |||
| Cash and cash equivalents | 451,280 | 420,497 | 396,487 | 332,780 | 430,746 | 318,699 | |||
| Total current assets: | 451,280 | 420,497 | 396,487 | 332,780 | 430,746 | 318,699 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 63,045 | 63,101 | 63,674 | 64,904 | 66,106 | 66,662 | |||
| Property, plant and equipment | 102,671 | 101,654 | 99,022 | 99,133 | 100,256 | 93,512 | |||
| Intangible assets, net (including goodwill) | 355,814 | 239,476 | 244,601 | 249,200 | 252,854 | 254,676 | |||
| Goodwill | 236,706 | 154,789 | 154,789 | 154,789 | 154,789 | 154,789 | |||
| Intangible assets, net (excluding goodwill) | 119,108 | 84,687 | 89,812 | 94,411 | 98,065 | 99,887 | |||
| Total noncurrent assets: | 521,530 | 404,231 | 407,297 | 413,237 | 419,216 | 414,850 | |||
| Other undisclosed assets | 1,042,257 | 912,784 | 815,407 | 882,445 | 757,813 | 826,198 | |||
| TOTAL ASSETS: | 2,015,067 | 1,737,512 | 1,619,191 | 1,628,462 | 1,607,775 | 1,559,747 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 4,000 | ||||||||
| Total current liabilities: | 4,000 | ||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 1,600 | 1,600 | |||||||
| Business combination, contingent consideration, liability | 1,600 | 1,600 | |||||||
| Total noncurrent liabilities: | 1,600 | 1,600 | |||||||
| Other undisclosed liabilities | 722,104 | 542,534 | 454,099 | 506,930 | 525,082 | 539,407 | |||
| Total liabilities: | 722,104 | 546,534 | 454,099 | 506,930 | 526,682 | 541,007 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,292,963 | 1,190,978 | 1,165,092 | 1,121,532 | 1,081,093 | 1,018,740 | |||
| Common stock | 123 | 123 | 123 | 123 | 123 | 123 | |||
| Treasury stock, value | (260,298) | (327,091) | (327,815) | (327,815) | (328,326) | (320,252) | |||
| Additional paid in capital | 333,292 | 346,947 | 339,867 | 333,114 | 345,468 | 330,294 | |||
| Accumulated other comprehensive loss | (24,370) | (37,608) | (27,903) | (31,983) | (37,697) | (60,087) | |||
| Retained earnings | 1,244,216 | 1,208,607 | 1,180,820 | 1,148,093 | 1,101,525 | 1,068,662 | |||
| Total equity: | 1,292,963 | 1,190,978 | 1,165,092 | 1,121,532 | 1,081,093 | 1,018,740 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,015,067 | 1,737,512 | 1,619,191 | 1,628,462 | 1,607,775 | 1,559,747 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 197,248 | 172,284 | 179,846 | 203,169 | 177,902 | 172,112 | ||
| Gross profit: | 197,248 | 172,284 | 179,846 | 203,169 | 177,902 | 172,112 | ||
| Operating expenses | (120,221) | (105,375) | (104,119) | (107,813) | (100,229) | (95,801) | ||
| Operating income: | 77,027 | 66,909 | 75,727 | 95,356 | 77,673 | 76,311 | ||
| Nonoperating income | 6,785 | 4,834 | 3,223 | 2,839 | 1,755 | 2,552 | ||
| Investment income, nonoperating | 1,433 | |||||||
| Other nonoperating income (expense) | 1,991 | (1,717) | (2,286) | (1,484) | 388 | |||
| Interest and debt expense | (1,636) | (164) | (53) | (130) | (52) | (138) | ||
| Income from continuing operations before equity method investments, income taxes: | 82,176 | 71,579 | 78,897 | 98,065 | 79,376 | 78,725 | ||
| Other undisclosed income from continuing operations before income taxes | 1,636 | 164 | 53 | 130 | 52 | 138 | ||
| Income from continuing operations before income taxes: | 83,812 | 71,743 | 78,950 | 98,195 | 79,428 | 78,863 | ||
| Income tax expense | (14,185) | (16,802) | (19,091) | (24,567) | (20,202) | (19,556) | ||
| Income from continuing operations: | 69,627 | 54,941 | 59,859 | 73,628 | 59,226 | 59,307 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 59,307 | |
| Net income available to common stockholders, diluted: | 69,627 | 54,941 | 59,859 | 73,628 | 59,226 | 59,307 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 69,627 | 54,941 | 59,859 | 73,628 | 59,226 | 59,307 | ||
| Comprehensive income: | 69,627 | 54,941 | 59,859 | 73,628 | 59,226 | 59,307 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 13,238 | (9,705) | 4,080 | 5,714 | 22,390 | (20,248) | ||
| Comprehensive income, net of tax, attributable to parent: | 82,865 | 45,236 | 63,939 | 79,342 | 81,616 | 39,059 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.