Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $689 | $699 | $718 | $753 | $817 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $375 | $337 | $327 | $315 | $341 |
| Net Income | $299 | $258 | $250 | $258 | $274 |
Over the five-year period, MarketAxess Holdings Inc. demonstrated a steady revenue growth from USD 689.1 million in 2020 to USD 817.1 million in 2024, with growth rates accelerating notably in the later years. Although the percentage increase each year was moderate—ranging from roughly 1.4% in 2021 up to about 8.6% in 2024—the consistent upward trend indicates a solid market position. Notably, gross profit is reported as zero each year, which could either point to a specific accounting treatment or the presentation of non-segmented data, and therefore limits a deeper margin analysis on that front. Operating income began at USD 374.7 million in 2020, decreased through 2021 (to USD 337.2 million), 2022 (to USD 326.9 million), and 2023 (to USD 315.0 million) before recovering in 2024 to reach USD 340.9 million. Similarly, net income followed a declining trend from USD 299.4 million in 2020 to USD 250.2 million in 2022 before a modest bounce back to USD 258.1 million in 2023 and further improvement to USD 274.2 million in 2024. While none of these changes exceeded a 20% swing year-over-year, the declines in operating and net income during the early portion of the period suggest the company may have faced temporary operational headwinds or cost pressures, possibly related to market volatility in the fixed income trading industry. Overall, MarketAxess’s improved revenue growth, coupled with recent stabilization in its income measures, underscores a generally healthy financial profile and an ability to adjust operational strategies in response to market conditions.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.