Company / FCF Margin
MarketAxess FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
44.2%
FY2025
5-year range
43.1% / 56.5%
FY2021-FY2025
Trend
-3.8%
vs FY2024
Sector context
#54 of 206
Financials
What the data says
At 44.2%, MarketAxess's fcf margin ranks #54 of 206 in the Financials sector. FCF Margin has fluctuated over the past 10 years, ranging from 22.5% in FY2016 to 56.5% in FY2022.
Based on SEC 10-K filings.
44.2% in FY2025 with a 5-year CAGR of +1.0%.
Improved from 43.1% to 44.2% over the past 2 years.
Financials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -12.3pp
- 5-Year Change
- +1.0pp
- 10-Year Change
- -
Sector benchmark
#54 of 206 in FinancialsTop 26% of 206This company 44.2% Sector average 207.7%
▼
-78.7% below sector average
Key checks
Key Insights
- In FY2025, fcf margin decreased 3.8% year-over-year.
- Currently 163.5pp below the Financials sector average.
- Peak fcf margin was recorded in FY2022.
- Lowest fcf margin in the period was in FY2016.
Company context
Key Data Points
- Strong profit margin: 26.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 44.2% | -3.8% |
| FY2024 | 45.9% | +6.5% |
| FY2023 | 43.1% | -23.7% |
| FY2022 | 56.5% | +14.0% |
| FY2021 | 49.6% | +14.9% |
| FY2020 | 43.2% | +8.9% |
| FY2019 | 39.6% | -8.2% |
| FY2018 | 43.2% | +10.0% |
| FY2017 | 39.2% | +74.1% |
| FY2016 | 22.5% | -40.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026