How comparing works here
How do I compare two companies?
Type the tickers into the box above — up to five at once. Every row is read from the companies' own annual filings, so a comparison shows the same measure computed the same way for each of them rather than whatever each company chose to highlight.
Can I compare an ETF with a stock?
Yes, and the table changes to suit. Two funds are compared on cost, income, spread and record, because revenue growth and debt mean nothing for a fund. A fund against a company shows only what both of them have.
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Put up to 4 companies, funds, commodities or coins next to each other — health, valuation, growth and performance.
Every row is computed the same way for every column, from each company's own annual filing, so a comparison is not a collection of whichever figures each of them chose to put in a press release. Funds are compared on what a fund is actually judged on: cost, income, spread and record.
Relative performance
Rebased so every symbol starts at 0%
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Side by side
Latest annual figures from each company's filings
| Metric | MKTXMARKETAXESS HOLDINGS INC | MSCIMSCI Inc. | CBOECboe Global Markets, Inc. | TWTradeweb Markets Inc. | Median of the restexcluding MKTX |
|---|---|---|---|---|---|
| Type | Company | Company | Company | Company | |
| Price | $164.26▼ 0.23 (0.14%) | $604.46▲ 12.77 (2.16%) | $327.72▲ 8.90 (2.79%) | $121.89▲ 1.88 (1.57%) | |
| Health scoreComposite of profitability, growth, debt and accounting quality. | 7.3/10 | 7.3/10 | 8.7/10 | 8.7/10 | 8.7/10 |
| Market value | $5.88B | $44.47B | $34.30B | $25.99B | |
| Revenue | $846.3M | $3.13B | $4.71B | $2.05B | |
| Profit | $246.6M | $1.20B | $1.10B | $812.8M | |
| Revenue growthChange in sales versus the prior year. | 3.6% | 9.7% | 15.1% | 18.9% | 15.1% |
| Gross marginShare of sales left after the direct cost of producing them. | — | 82.4% | 51.5% | — | 67.0% |
| Operating marginShare of sales left after running the business, before interest and tax. | 40.4% | 54.7% | 31.1% | 40.7% | 40.7% |
| Profit marginProfit kept from each dollar of sales. | 29.1% | 38.4% | 23.3% | 39.6% | 38.4% |
| Free cash flow marginCash left after capital spending, as a share of sales. | 44.2% | 49.4% | 35.7% | 54.9% | 49.4% |
| Return on equityProfit against the owners' stake in the company. | 21.5% | -45.3% | 21.4% | 12.5% | 12.5% |
| Return on invested capital (approx.)Operating profit after tax against equity plus debt, less cash. Cash here excludes short-term investments, so this runs low for cash-rich companies. | 27.2% | 45.5% | 23.6% | 13.1% | 23.6% |
| P/E ratioPrice paid per dollar of annual profit. | 23.83x | 36.98x | 31.18x | 31.97x | 31.97x |
| EV / EBITDA (approx.)Market value plus debt less cash, against operating profit before depreciation. Cash excludes short-term investments, so this runs high for cash-rich companies. | 13.32x | 28.87x | 21.09x | — | 24.98x |
| Price to book | 5.13x | -16.75x | 6.67x | 3.99x | 3.99x |
| Debt to equityTotal liabilities compared with owners' stake. | 0.68x | -3.15x | 0.81x | 0.15x | 0.15x |
| Piotroski F-ScoreNine checks of financial strength. Higher is stronger. | 4/6 | 8/9 | 8/9 | 6/6 | 8.0 |
| Bankruptcy riskAltman Z-Score zone. | n/a for banks | safe | n/a for banks | n/a for banks |
How MKTX compares with the others
- MKTX's operating margin of 40.4% is in line with the median of the other companies selected (40.7%).
- Its revenue grew more slowly than the median of the other companies selected: 3.6% against 15.1%.
- It trades at a lower P/E than the median of the other companies selected: 23.8x against 32.0x.
- Its liabilities are higher relative to equity than the median of the other companies selected: 0.7x against 0.2x.
Measured against the other companies entered, from each one's latest annual filing. A difference describes the companies; it does not rank them.