MarketAxess Holdings Inc (MKTX) — Financial Flexibility Index
MarketAxess Holdings Inc (MKTX) has a Financial Flexibility Index of 0.17x as of September 2025. Free cash flow of $103.15 Million (operating CF $90.16 Million minus capex $12.99 Million) represents 0% of total liabilities ($623.73 Million). Check MarketAxess Holdings Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
MarketAxess Holdings Inc Financial Flexibility Index (2002–2024)
Historical Financial Flexibility Index trend for MarketAxess Holdings Inc across 23 annual periods. See MarketAxess Holdings Inc (MKTX) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for MarketAxess Holdings Inc (2002–2024)
Year-by-year free cash flow to debt coverage for MarketAxess Holdings Inc. For the full company profile including market capitalisation, see MarketAxess Holdings Inc (MKTX) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.99x | $395.18 Million | $385.24 Million | $400.56 Million | ▲ +84.5% |
| 2023 | 0.53x | $386.21 Million | $333.77 Million | $722.10 Million | ▼ -17.4% |
| 2022 | 0.65x | $341.10 Million | $289.23 Million | $526.68 Million | ▼ -4.8% |
| 2021 | 0.68x | $332.71 Million | $282.09 Million | $489.14 Million | ▼ -43.1% |
| 2020 | 1.20x | $450.12 Million | $404.49 Million | $376.37 Million | ▼ -26.5% |
| 2019 | 1.63x | $300.63 Million | $265.94 Million | $184.84 Million | ▼ -47.5% |
| 2018 | 3.10x | $271.51 Million | $223.92 Million | $87.66 Million | ▲ +6.3% |
| 2017 | 2.91x | $193.59 Million | $168.03 Million | $66.46 Million | ▲ +77.0% |
| 2016 | 1.65x | $98.79 Million | $80.29 Million | $60.03 Million | ▼ -41.3% |
| 2015 | 2.81x | $135.58 Million | $120.20 Million | $48.33 Million | ▲ +2.7% |
| 2014 | 2.73x | $124.74 Million | $109.95 Million | $45.68 Million | ▼ -1.4% |
| 2013 | 2.77x | $114.16 Million | $90.88 Million | $41.22 Million | ▲ +11.8% |
| 2012 | 2.48x | $91.94 Million | $81.58 Million | $37.12 Million | ▲ +26.1% |
| 2011 | 1.96x | $72.70 Million | $65.48 Million | $37.02 Million | ▲ +79.3% |
| 2010 | 1.10x | $71.25 Million | $64.15 Million | $65.05 Million | ▲ +32.8% |
| 2009 | 0.82x | $50.12 Million | $43.33 Million | $60.78 Million | ▲ +35.2% |
| 2008 | 0.61x | $31.68 Million | $27.63 Million | $51.94 Million | ▼ -58.9% |
| 2007 | 1.48x | $35.56 Million | $29.12 Million | $23.97 Million | ▲ +6.1% |
| 2006 | 1.40x | $26.55 Million | $17.10 Million | $18.99 Million | ▲ +18.7% |
| 2005 | 1.18x | $23.07 Million | $16.91 Million | $19.60 Million | ▼ -21.8% |
| 2004 | 1.51x | $30.75 Million | $20.37 Million | $20.43 Million | ▲ +1120.6% |
| 2003 | 0.12x | $21.88 Million | $17.16 Million | $177.45 Million | ▲ +125.8% |
| 2002 | -0.48x | $-16.57 Million | $-17.63 Million | $34.60 Million | — |