MarketAxess Holdings Inc (MKTX) — Cash Flow Quality Index

Latest as of September 2025: 1.32x

MarketAxess Holdings Inc (MKTX) has a Cash Flow Quality Index of 1.32x as of September 2025. Operating cash flow of $90.16 Million exceeds net income of $68.27 Million, indicating high earnings quality where cash backs reported profits. Explore MarketAxess Holdings Inc (MKTX) long-term investment share to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.32x
Operating CF / Net Income

Operating Cash Flow

$90.16 Million
USD

Net Income

$68.27 Million
USD

Data as of

Sep 2025
Most recent filing

MarketAxess Holdings Inc Cash Flow Quality Index (2003–2024)

Historical Cash Flow Quality Index for MarketAxess Holdings Inc across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check MarketAxess Holdings Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for MarketAxess Holdings Inc (2003–2024)

Year-by-year earnings quality comparison for MarketAxess Holdings Inc. For live market cap and the full company financial profile, see MarketAxess Holdings Inc market cap and net worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.41x $385.24 Million $274.18 Million ▲ +8.6%
2023 1.29x $333.77 Million $258.06 Million ▲ +11.9%
2022 1.16x $289.23 Million $250.22 Million ▲ +5.7%
2021 1.09x $282.09 Million $257.89 Million ▼ -19.0%
2020 1.35x $404.49 Million $299.38 Million ▲ +4.1%
2019 1.30x $265.94 Million $204.90 Million ▲ +0.2%
2018 1.30x $223.92 Million $172.85 Million ▲ +14.2%
2017 1.13x $168.03 Million $148.09 Million ▲ +78.3%
2016 0.64x $80.29 Million $126.17 Million ▼ -49.2%
2015 1.25x $120.20 Million $96.04 Million ▼ -14.8%
2014 1.47x $109.95 Million $74.81 Million ▲ +10.6%
2013 1.33x $90.88 Million $68.37 Million ▼ -2.1%
2012 1.36x $81.58 Million $60.07 Million ▼ -1.1%
2011 1.37x $65.48 Million $47.70 Million ▼ -32.8%
2010 2.04x $64.15 Million $31.43 Million ▼ -24.1%
2009 2.69x $43.33 Million $16.10 Million ▼ -23.1%
2008 3.50x $27.63 Million $7.90 Million ▲ +24.0%
2007 2.82x $29.12 Million $10.32 Million ▼ -10.6%
2006 3.15x $17.10 Million $5.42 Million ▲ +51.9%
2005 2.08x $16.91 Million $8.14 Million ▲ +497.8%
2004 0.35x $20.37 Million $58.65 Million ▼ -91.5%
2003 4.07x $17.16 Million $4.21 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.