MarketAxess Holdings Inc (MKTX) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.47x

MarketAxess Holdings Inc (MKTX) has a Cash Flow Reinvestment Rate of 0.47x as of June 2026, reinvesting $12.53 Million (capex $12.01 Million plus investments $521.00K) from operating cash flow of $26.81 Million. See MarketAxess Holdings Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.47x
(Capex + Investments) / Operating CF

Total Reinvested

$12.53 Million
Capex + Investments

Operating Cash Flow

$26.81 Million
USD

Capital Expenditures

$12.01 Million
USD

MarketAxess Holdings Inc Cash Flow Reinvestment Rate (2003–2025)

Historical reinvestment intensity for MarketAxess Holdings Inc across 23 annual periods. For the full cash flow conversion analysis, see MKTX cash flow metrics.

Annual Cash Flow Reinvestment Rate for MarketAxess Holdings Inc (2003–2025)

Year-by-year capital reinvestment analysis for MarketAxess Holdings Inc. See MKTX financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.03x $10.60 Million $382.29 Million $8.20 Million ▼ -92.6%
2024 0.37x $143.50 Million $385.24 Million $56.56 Million ▼ -7.3%
2023 0.40x $134.19 Million $333.77 Million $52.45 Million ▲ +34.8%
2022 0.30x $86.27 Million $289.23 Million $51.87 Million ▼ -28.9%
2021 0.42x $118.31 Million $282.09 Million $50.62 Million ▼ -7.5%
2020 0.45x $183.42 Million $404.49 Million $45.63 Million ▲ +169.1%
2019 0.17x $44.81 Million $265.94 Million $34.70 Million ▼ -25.0%
2018 0.22x $50.34 Million $223.92 Million $47.59 Million ▼ -29.5%
2017 0.32x $53.59 Million $168.03 Million $25.56 Million ▼ -52.2%
2016 0.67x $53.59 Million $80.29 Million $18.50 Million ▲ +115.0%
2015 0.31x $37.31 Million $120.20 Million $15.38 Million ▲ +114.1%
2014 0.14x $15.94 Million $109.95 Million $14.79 Million ▼ -67.6%
2013 0.45x $40.62 Million $90.88 Million $23.28 Million ▲ +1.9%
2012 0.44x $35.79 Million $81.58 Million $10.36 Million ▲ +137.3%
2011 0.18x $12.11 Million $65.48 Million $7.22 Million ▲ +66.9%
2010 0.11x $7.11 Million $64.15 Million $7.11 Million ▼ -29.4%
2009 0.16x $6.80 Million $43.33 Million $6.80 Million ▲ +7.3%
2008 0.15x $4.04 Million $27.63 Million $4.04 Million ▼ -33.8%
2007 0.22x $6.44 Million $29.12 Million $6.44 Million ▼ -60.0%
2006 0.55x $9.45 Million $17.10 Million $9.45 Million ▲ +51.5%
2005 0.36x $6.17 Million $16.91 Million $6.17 Million ▼ -28.4%
2004 0.51x $10.38 Million $20.37 Million $10.38 Million ▲ +85.1%
2003 0.28x $4.72 Million $17.16 Million $4.72 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow