MarketAxess Holdings Inc (MKTX) — Cash Flow-to-Debt Ratio
MarketAxess Holdings Inc (MKTX) has a Cash Flow-to-Debt Ratio of 0.02x as of June 2026, meaning its operating cash flow of $26.81 Million could theoretically repay 0% of its total liabilities ($1.17 Billion) in one year. See how financially flexible is MarketAxess Holdings Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
MarketAxess Holdings Inc Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for MarketAxess Holdings Inc across 24 annual periods. For the full cash flow conversion analysis, see MarketAxess Holdings Inc cash flow conversion.
Annual Cash Flow-to-Debt Ratio for MarketAxess Holdings Inc (2002–2025)
Year-by-year debt coverage analysis for MarketAxess Holdings Inc. Check MarketAxess Holdings Inc (MKTX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.59x | $382.29 Million | $650.35 Million | ▼ -38.9% |
| 2024 | 0.96x | $385.24 Million | $400.56 Million | ▲ +108.1% |
| 2023 | 0.46x | $333.77 Million | $722.10 Million | ▼ -15.8% |
| 2022 | 0.55x | $289.23 Million | $526.68 Million | ▼ -4.8% |
| 2021 | 0.58x | $282.09 Million | $489.14 Million | ▼ -46.3% |
| 2020 | 1.07x | $404.49 Million | $376.37 Million | ▼ -25.3% |
| 2019 | 1.44x | $265.94 Million | $184.84 Million | ▼ -43.7% |
| 2018 | 2.55x | $223.92 Million | $87.66 Million | ▲ +1.0% |
| 2017 | 2.53x | $168.03 Million | $66.46 Million | ▲ +89.0% |
| 2016 | 1.34x | $80.29 Million | $60.03 Million | ▼ -46.2% |
| 2015 | 2.49x | $120.20 Million | $48.33 Million | ▲ +3.3% |
| 2014 | 2.41x | $109.95 Million | $45.68 Million | ▲ +9.2% |
| 2013 | 2.20x | $90.88 Million | $41.22 Million | ▲ +0.3% |
| 2012 | 2.20x | $81.58 Million | $37.12 Million | ▲ +24.2% |
| 2011 | 1.77x | $65.48 Million | $37.02 Million | ▲ +79.4% |
| 2010 | 0.99x | $64.15 Million | $65.05 Million | ▲ +38.4% |
| 2009 | 0.71x | $43.33 Million | $60.78 Million | ▲ +34.0% |
| 2008 | 0.53x | $27.63 Million | $51.94 Million | ▼ -56.2% |
| 2007 | 1.21x | $29.12 Million | $23.97 Million | ▲ +34.9% |
| 2006 | 0.90x | $17.10 Million | $18.99 Million | ▲ +4.4% |
| 2005 | 0.86x | $16.91 Million | $19.60 Million | ▼ -13.5% |
| 2004 | 1.00x | $20.37 Million | $20.43 Million | ▲ +931.2% |
| 2003 | 0.10x | $17.16 Million | $177.45 Million | ▲ +119.0% |
| 2002 | -0.51x | $-17.63 Million | $34.60 Million | — |