MarketAxess (MKTX) Investor Presentation - Slideshow

Financial Performance & Growth - The company's revenue growth from 2016 to 2021 showed a 14% Compound Annual Growth Rate (CAGR)[4] - Operating income growth from 2016 to 2021 showed a 12% CAGR[4] - EBITDA growth from 2016 to 2021 showed a 13% CAGR[4] - The trailing 12-month free cash flow was $297 million[58] - The company returned $197 million in capital in 2021 through dividends and share repurchases[58] Market Penetration & Expansion - The company has over 1,870 active firms[28] - The company's estimated system-wide cost savings of $78 million for liquidity takers and $50 million for liquidity providers in 4Q21[36] - European client volume reached $687 billion, up 5% year-over-year[41, 43] - Emerging market volume reached $649 billion, up 16% year-over-year[41, 81] Open Trading & Automation - Open Trading credit volume reached $2717 billion in 2021, up 27%[36, 72] - Open Trading emerging markets volume reached $56 billion in 2021, up 43%[36] - Auto-X volume in 4Q21 was $444 billion, up 39% from 4Q20[45] - Auto-X represented 19% of credit trade count and 7% of credit trade volume in 4Q21[45]