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 MarketAxess Holdings Inc (MKTX) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check MKTX cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
NEXGEN ENERGY LTD CDI/1
F:6NEA
|
-0.006x |
|
BOC Aviation Limited
F:8BO
|
0.078x |
|
Samsung Securities
KO:016360
|
-0.124x |
|
Henan Shijia Photons Technology Co Ltd
SHG:688313
|
-0.038x |
|
Arcosa Inc
NYSE:ACA
|
0.027x |
|
Posco International Corp
KO:047050
|
0.039x |
|
Hyundai Mipo Dockyard
KO:010620
|
0.085x |
|
Turkiye Halk Bankasi
IS:HALKB
|
-0.237x |
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 MarketAxess Holdings Inc (MKTX) market capitalisation.
| 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