MarketAxess Cash Flow Statement
MKTX / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
MarketAxess generated $382M in operating cash flow and $374M in free cash flow in FY2025. Free cash flow margin was 44.2% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 26.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $246.6M | $274.2M | $258.1M | $299.4M | $204.9M | $299.4M | $204.9M | $172.9M | $148.1M | $126.2M | $96.0M | $60.1M | $76.0M | $60.1M | $47.7M |
| Depreciation & Amortization | $76.7M | $73.8M | $70.6M | $36.0M | $26.9M | $36.0M | $26.9M | $23.1M | $19.3M | $17.8M | $18.5M | $6.8M | $14.1M | $6.8M | $5.2M |
| Operating Cash Flow | $382.1M | $385.2M | $333.8M | $404.5M | $265.9M | $404.5M | $265.9M | $223.9M | $168.0M | $89.7M | $120.2M | $81.6M | $90.9M | $81.6M | $65.5M |
| Capital Expenditures | $8.2M | $9.9M | $9.3M | $15.0M | $12.3M | $15.0M | $12.3M | $35.9M | $12.1M | $6.4M | $4.8M | $5.2M | $15.3M | $5.2M | $3.2M |
| Free Cash Flow | $373.9M | $375.3M | $324.4M | $389.5M | $253.6M | $389.5M | $253.6M | $188.0M | $155.9M | $83.4M | $115.4M | $76.4M | $75.5M | $76.4M | $62.3M |
| Share Buybacks | $420.0M | $75.5M | $0 | $16.1M | $17.3M | $16.1M | $17.3M | $25.2M | $42.5M | $23.9M | $23.2M | $75.1M | - | $75.1M | $6.9M |
| Dividends Paid | - | $112.7M | $109.7M | $90.6M | $76.2M | $90.6M | $76.2M | $62.4M | - | - | $29.5M | $64.0M | - | $64.0M | $13.7M |
| FCF Margin | 44.2% | 45.9% | 43.1% | 56.5% | 49.6% | 56.5% | 49.6% | 43.2% | 39.2% | 22.5% | 38.1% | 40.1% | 31.6% | 40.1% | 36.3% |