MarketAxess Holdings Inc Cash Flow Quality Index

Latest as of June 2026: 0.39x

MarketAxess Holdings Inc cash flow quality index. MarketAxess Holdings Inc (MKTX) has a Cash Flow Quality Index of 0.39x as of June 2026. Operating cash flow of $26.81 Million is below net income of $68.32 Million, suggesting accrual-heavy earnings not yet converted to cash. See MKTX financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

0.39x
Operating CF / Net Income

Operating Cash Flow

$26.81 Million
USD

Net Income

$68.32 Million
USD

Data as of

Jun 2026
Most recent filing

Cash Flow Quality Index of MarketAxess Holdings Inc (2003–2025)

Cash flow quality index of MarketAxess Holdings Inc from 2003 to 2025. Historical Cash Flow Quality Index for MarketAxess Holdings Inc across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore MKTX operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

MarketAxess Holdings Inc Cash Flow Quality Index by Year (2003–2025)

MarketAxess Holdings Inc cash flow quality index by year from 2003 to 2025. Year-by-year earnings quality comparison for MarketAxess Holdings Inc. For the full cash flow conversion analysis, see MKTX operating cash flow.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.55x $382.29 Million $246.91 Million ▲ +10.2%
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.