MKTX (MKTX)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$5.53B
EV / Sales6.36
EV / EBITDA12.41
EV / Operating Cash Flow19.95
EV / Free Cash Flow23.41

Return Metrics (TTM)

Return on Equity (ROE)24.78%
Return on Assets (ROA)12.67%
Return on Invested Capital (ROIC)37.95%
Return on Capital Employed (ROCE)15.17%

Yield Metrics

Earnings Yield5.36%
Free Cash Flow Yield4.13%

Balance Sheet Strength

Net Debt / EBITDA-0.41
Current Ratio3.78
Working Capital$279.16M
Tangible Asset Value$869.45M
Net Current Asset Value-$789.28M

Working Capital Efficiency

Days Sales Outstanding56.14
Days Payables Outstanding0.00
Operating Cycle (Days)56.14
Cash Conversion Cycle56.14

Capital Allocation

CapEx / Revenue4.72%
CapEx / Operating Cash Flow14.81%
R&D / Revenue0.00%
SG&A / Revenue3.64%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin69.88%
Operating Margin41.21%
Net Profit Margin29.04%

Solvency

Debt / Equity0.25
Quick Ratio1.84
Cash Ratio0.89

Per Share

Revenue / Share$23.07
FCF / Share$10.16
PE Ratio27.21