MarketAxess Net Income vs Free Cash Flow Analysis

MKTX Stock  USD 236.21  1.35  0.57%   
MarketAxess Holdings financial indicator trend analysis is infinitely more than just investigating MarketAxess Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MarketAxess Holdings is a good investment. Please check the relationship between MarketAxess Holdings Net Income and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MarketAxess Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MarketAxess Holdings Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MarketAxess Holdings' Net Income and Free Cash Flow is 0.96. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of MarketAxess Holdings, assuming nothing else is changed. The correlation between historical values of MarketAxess Holdings' Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of MarketAxess Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., MarketAxess Holdings' Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MarketAxess Holdings financial statement analysis. It represents the amount of money remaining after all of MarketAxess Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from MarketAxess Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MarketAxess Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MarketAxess Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.Enterprise Value is likely to rise to about 19.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 54.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit528.0M536.2M482.9M507.1M
Total Revenue699.0M718.3M752.5M790.2M

MarketAxess Holdings fundamental ratios Correlations

0.990.320.940.990.88-0.390.860.940.43-0.24-0.380.980.940.980.950.430.220.610.930.76-0.90.610.950.930.75
0.990.450.940.990.92-0.330.80.940.55-0.14-0.40.930.90.940.920.550.210.60.870.7-0.920.640.960.890.67
0.320.450.30.330.380.30.120.470.970.450.00.190.20.290.240.970.060.170.160.1-0.490.40.420.22-0.05
0.940.940.30.950.91-0.250.710.880.4-0.32-0.590.890.830.880.940.40.260.720.80.58-0.870.660.940.890.56
0.990.990.330.950.92-0.380.820.920.44-0.21-0.430.960.90.950.920.440.260.640.90.74-0.910.610.950.920.69
0.880.920.380.910.92-0.320.630.750.480.0-0.640.790.80.760.780.480.130.520.670.57-0.760.510.830.730.56
-0.39-0.330.3-0.25-0.38-0.32-0.44-0.250.240.33-0.14-0.43-0.4-0.38-0.350.240.06-0.15-0.39-0.290.33-0.31-0.32-0.4-0.49
0.860.80.120.710.820.63-0.440.780.23-0.2-0.140.90.910.890.780.23-0.050.330.90.93-0.670.330.710.790.86
0.940.940.470.880.920.75-0.250.780.55-0.23-0.220.920.860.960.930.550.220.610.880.65-0.950.70.970.90.65
0.430.550.970.40.440.480.240.230.550.43-0.070.30.320.390.321.00.060.210.260.2-0.570.430.50.310.06
-0.24-0.140.45-0.32-0.210.00.33-0.2-0.230.43-0.04-0.34-0.12-0.32-0.420.43-0.45-0.64-0.38-0.030.29-0.36-0.33-0.52-0.06
-0.38-0.40.0-0.59-0.43-0.64-0.14-0.14-0.22-0.07-0.04-0.31-0.36-0.23-0.39-0.07-0.04-0.29-0.17-0.170.18-0.12-0.33-0.23-0.18
0.980.930.190.890.960.79-0.430.90.920.3-0.34-0.310.950.990.950.30.230.580.970.81-0.850.550.90.930.81
0.940.90.20.830.90.8-0.40.910.860.32-0.12-0.360.950.930.870.32-0.050.320.90.83-0.740.380.810.780.92
0.980.940.290.880.950.76-0.380.890.960.39-0.32-0.230.990.930.950.390.240.60.970.79-0.90.610.930.940.77
0.950.920.240.940.920.78-0.350.780.930.32-0.42-0.390.950.870.950.320.290.70.90.65-0.880.710.940.940.67
0.430.550.970.40.440.480.240.230.551.00.43-0.070.30.320.390.320.050.210.260.2-0.570.430.510.310.06
0.220.210.060.260.260.130.06-0.050.220.06-0.45-0.040.23-0.050.240.290.050.770.320.05-0.370.490.330.45-0.25
0.610.60.170.720.640.52-0.150.330.610.21-0.64-0.290.580.320.60.70.210.770.580.24-0.740.780.750.820.01
0.930.870.160.80.90.67-0.390.90.880.26-0.38-0.170.970.90.970.90.260.320.580.86-0.810.510.840.930.78
0.760.70.10.580.740.57-0.290.930.650.2-0.03-0.170.810.830.790.650.20.050.240.86-0.510.170.560.670.83
-0.9-0.92-0.49-0.87-0.91-0.760.33-0.67-0.95-0.570.290.18-0.85-0.74-0.9-0.88-0.57-0.37-0.74-0.81-0.51-0.81-0.98-0.92-0.47
0.610.640.40.660.610.51-0.310.330.70.43-0.36-0.120.550.380.610.710.430.490.780.510.17-0.810.780.720.1
0.950.960.420.940.950.83-0.320.710.970.5-0.33-0.330.90.810.930.940.510.330.750.840.56-0.980.780.940.54
0.930.890.220.890.920.73-0.40.790.90.31-0.52-0.230.930.780.940.940.310.450.820.930.67-0.920.720.940.56
0.750.67-0.050.560.690.56-0.490.860.650.06-0.06-0.180.810.920.770.670.06-0.250.010.780.83-0.470.10.540.56
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MarketAxess Holdings Account Relationship Matchups

MarketAxess Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets954.9M1.3B1.5B1.6B2.0B2.1B
Total Stockholder Equity770.1M955.1M1.0B1.1B1.3B1.4B
Common Stock Shares Outstanding38.0M38.1M38.1M37.6M37.7M37.2M
Liabilities And Stockholders Equity954.9M1.3B1.5B1.6B2.0B2.1B
Property Plant And Equipment Net153.2M161.1M167.0M166.4M165.7M174.0M
Retained Earnings591.1M799.4M957.0M1.1B1.2B1.3B
Non Current Assets Total592.0M432.3M474.3M503.0M582.5M611.7M
Non Currrent Assets Other112.2M(331K)27.1M68.3M(2.9M)(2.8M)
Other Assets501K548.3M1K695.8M1.1B1.1B
Cash And Short Term Investments270.1M460.9M506.7M430.7M551.0M578.5M
Short Term Investments86.4M18.3M11.2M34.0M71.0M57.3M
Other Stockholder Equity(401.9M)160.2M97.6M17.1M73.0M130.2M
Total Liab184.8M376.4M489.1M526.7M722.1M758.2M
Property Plant And Equipment Gross153.2M161.1M167.0M166.4M413.1M433.8M
Total Current Assets362.9M899.1M1.1B1.1B1.4B1.5B
Intangible Assets61.0M95.4M116.4M98.1M119.1M125.1M
Other Current Liab(33.9M)(44.4M)223.1M239.3M(32.3M)(30.7M)
Total Current Liabilities86.8M282.8M400.7M444.0M87.6M85.2M
Other Liab3.5M137.6M229.3M316.3M363.7M381.9M
Current Deferred Revenue3.5M4.2M(88.4M)457.7M526.4M552.7M
Net Debt(172.1M)(367.2M)(418.3M)(348.1M)(371.6M)(353.0M)
Accounts Payable19.3M44.4M48.7M37.2M32.3M20.4M
Cash270.1M460.9M506.7M430.7M451.3M473.8M
Net Receivables62.0M359.5M403.7M465.9M374.2M392.9M
Non Current Liabilities Total98.0M93.6M88.4M82.7M634.5M666.3M
Other Current Assets(336.2M)50.1M118.7M139.9M507.4M532.8M
Accumulated Other Comprehensive Income(10.3M)(4.7M)(13.3M)(37.7M)(24.4M)(23.2M)
Property Plant Equipment71.8M85.2M167.0M100.3M115.3M121.1M
Treasury Stock(153.4M)(169.5M)(232.7M)(328.3M)(295.5M)(280.7M)
Net Tangible Assets562.2M712.3M770.1M828.2M952.5M513.1M
Retained Earnings Total Equity591.1M799.4M957.0M1.1B1.3B1.3B
Capital Surpluse342.5M329.7M330.3M345.5M397.3M358.5M
Inventory(86.4M)(19.2M)(24.9M)(88.9M)(99.7M)(94.7M)
Long Term Investments230.5M28.1M36.1M83.8M63.9M95.4M
Net Invested Capital770.1M955.1M1.0B1.1B1.3B984.2M

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