MarketAxess Holdings Inc (MKTX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, MarketAxess Holdings Inc (MKTX) has a cash flow conversion efficiency ratio of 0.065x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($90.16 Million) by net assets ($1.39 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MKTX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
MarketAxess Holdings Inc - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how MarketAxess Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
MarketAxess Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MarketAxess Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CSW Industrials, Inc.
NYSE:CSW
|
0.027x |
|
Shan Dong Dong-E E-Jiao Co Ltd
SHE:000423
|
0.035x |
|
BGC Group Inc.
NASDAQ:BGC
|
-0.009x |
|
Dexus
AU:DXS
|
0.059x |
|
Pampa Energia SA ADR
NYSE:PAM
|
0.076x |
|
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
|
0.368x |
|
Aneka Tambang Persero Tbk
JK:ANTM
|
0.062x |
|
BIDVEST SP.ADR/2 RC-05
F:NQL
|
N/A |
Annual Cash Flow Conversion Efficiency for MarketAxess Holdings Inc (2002–2024)
The table below shows the annual cash flow conversion efficiency of MarketAxess Holdings Inc from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of MarketAxess Holdings Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.39 Billion | $385.24 Million | 0.277x | +7.47% |
| 2023-12-31 | $1.29 Billion | $333.77 Million | 0.258x | -3.51% |
| 2022-12-31 | $1.08 Billion | $289.23 Million | 0.268x | -1.24% |
| 2021-12-31 | $1.04 Billion | $282.09 Million | 0.271x | -36.04% |
| 2020-12-31 | $955.06 Million | $404.49 Million | 0.424x | +22.64% |
| 2019-12-31 | $770.09 Million | $265.94 Million | 0.345x | -6.25% |
| 2018-12-31 | $607.88 Million | $223.92 Million | 0.368x | +12.85% |
| 2017-12-31 | $514.77 Million | $168.03 Million | 0.326x | +90.28% |
| 2016-12-31 | $468.01 Million | $80.29 Million | 0.172x | -44.23% |
| 2015-12-31 | $390.71 Million | $120.20 Million | 0.308x | -6.49% |
| 2014-12-31 | $334.21 Million | $109.95 Million | 0.329x | +12.35% |
| 2013-12-31 | $310.36 Million | $90.88 Million | 0.293x | -12.88% |
| 2012-12-31 | $242.72 Million | $81.58 Million | 0.336x | +60.39% |
| 2011-12-31 | $312.44 Million | $65.48 Million | 0.210x | -23.39% |
| 2010-12-31 | $234.48 Million | $64.15 Million | 0.274x | +36.70% |
| 2009-12-31 | $216.50 Million | $43.33 Million | 0.200x | +40.85% |
| 2008-12-31 | $194.49 Million | $27.63 Million | 0.142x | -14.91% |
| 2007-12-31 | $174.40 Million | $29.12 Million | 0.167x | +80.91% |
| 2006-12-31 | $185.28 Million | $17.10 Million | 0.092x | -6.73% |
| 2005-12-31 | $170.86 Million | $16.91 Million | 0.099x | -24.09% |
| 2004-12-31 | $156.28 Million | $20.37 Million | 0.130x | +191.36% |
| 2003-12-31 | $-120.27 Million | $17.16 Million | -0.143x | +96.08% |
| 2002-12-31 | $4.84 Million | $-17.63 Million | -3.644x | -- |
About MarketAxess Holdings Inc
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. governm… Read more