Software - Application
Compare Stocks
2 / 10Stock Comparison
BULL vs MKTX
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
BULL vs MKTX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Software - Application | Financial - Capital Markets |
| Market Cap | $3.17B | $5.43B |
| Revenue (TTM) | $458M | $849M |
| Net Income (TTM) | $-14M | $310M |
| Gross Margin | 78.1% | 69.9% |
| Operating Margin | 4.6% | 41.2% |
| Forward P/E | 32.8x | 18.6x |
| Total Debt | $15M | $285M |
| Cash & Equiv. | $271M | $520M |
BULL vs MKTX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 25 | May 26 | Return |
|---|---|---|---|
| Webull Corporation … (BULL) | 100 | 59.1 | -40.9% |
| MarketAxess Holding… (MKTX) | 100 | 70.6 | -29.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BULL vs MKTX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BULL is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 2.50, Low D/E 2.5%, current ratio 1.34x
- Lower D/E ratio (2.5% vs 24.6%)
MKTX carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 3.8%, EPS growth -8.5%
- 38.3% 10Y total return vs BULL's -38.5%
- Beta -0.28, yield 2.0%, current ratio 1.84x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.8% NII/revenue growth vs BULL's 0.2% | |
| Value | Lower P/E (18.6x vs 32.8x) | |
| Quality / Margins | 29.0% margin vs BULL's -3.0% | |
| Stability / Safety | Lower D/E ratio (2.5% vs 24.6%) | |
| Dividends | 2.0% yield; 12-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | -31.7% vs BULL's -55.6% | |
| Efficiency (ROA) | 15.3% ROA vs BULL's -0.6%, ROIC 18.1% vs -3.9% |
BULL vs MKTX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BULL vs MKTX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MKTX leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
MKTX is the larger business by revenue, generating $849M annually — 1.9x BULL's $458M. MKTX is the more profitable business, keeping 29.0% of every revenue dollar as net income compared to BULL's -3.0%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $458M | $849M |
| EBITDAEarnings before interest/tax | $25M | $443M |
| Net IncomeAfter-tax profit | -$14M | $310M |
| Free Cash FlowCash after capex | $121M | $236M |
| Gross MarginGross profit ÷ Revenue | +78.1% | +69.9% |
| Operating MarginEBIT ÷ Revenue | +4.6% | +41.2% |
| Net MarginNet income ÷ Revenue | -3.0% | +29.0% |
| FCF MarginFCF ÷ Revenue | +26.4% | +44.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +46.3% | — |
| EPS Growth (YoY)Latest quarter vs prior year | -23.3% | +4.5% |
Valuation Metrics
MKTX leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $3.2B | $5.4B |
| Enterprise ValueMkt cap + debt − cash | $2.9B | $5.2B |
| Trailing P/EPrice ÷ TTM EPS | -6.38x | 22.92x |
| Forward P/EPrice ÷ next-FY EPS est. | 32.77x | 18.63x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.03x |
| EV / EBITDAEnterprise value multiple | — | 11.96x |
| Price / SalesMarket cap ÷ Revenue | 8.12x | 6.39x |
| Price / BookPrice ÷ Book value/share | 5.46x | 4.85x |
| Price / FCFMarket cap ÷ FCF | 17.34x | 14.51x |
Profitability & Efficiency
MKTX leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
MKTX delivers a 24.0% return on equity — every $100 of shareholder capital generates $24 in annual profit, vs $-2 for BULL. BULL carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to MKTX's 0.25x. On the Piotroski fundamental quality scale (0–9), MKTX scores 5/9 vs BULL's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -2.1% | +24.0% |
| ROA (TTM)Return on assets | -0.6% | +15.3% |
| ROICReturn on invested capital | -3.9% | +18.1% |
| ROCEReturn on capital employed | -2.4% | +25.4% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.03x | 0.25x |
| Net DebtTotal debt minus cash | -$255M | -$235M |
| Cash & Equiv.Liquid assets | $271M | $520M |
| Total DebtShort + long-term debt | $15M | $285M |
| Interest CoverageEBIT ÷ Interest expense | -116.90x | 168.60x |
Total Returns (Dividends Reinvested)
BULL leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BULL five years ago would be worth $6,147 today (with dividends reinvested), compared to $3,822 for MKTX. Over the past 12 months, MKTX leads with a -31.7% total return vs BULL's -55.6%. The 3-year compound annual growth rate (CAGR) favors BULL at -15.0% vs MKTX's -18.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -12.0% | -14.1% |
| 1-Year ReturnPast 12 months | -55.6% | -31.7% |
| 3-Year ReturnCumulative with dividends | -38.5% | -46.0% |
| 5-Year ReturnCumulative with dividends | -38.5% | -61.8% |
| 10-Year ReturnCumulative with dividends | -38.5% | +38.3% |
| CAGR (3Y)Annualised 3-year return | -15.0% | -18.6% |
Risk & Volatility
MKTX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MKTX is the less volatile stock with a -0.28 beta — it tends to amplify market swings less than BULL's 2.50 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MKTX currently trades 65.6% from its 52-week high vs BULL's 38.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.50x | -0.28x |
| 52-Week HighHighest price in past year | $18.85 | $232.84 |
| 52-Week LowLowest price in past year | $4.50 | $146.00 |
| % of 52W HighCurrent price vs 52-week peak | +38.2% | +65.6% |
| RSI (14)Momentum oscillator 0–100 | 68.9 | 26.8 |
| Avg Volume (50D)Average daily shares traded | 12.7M | 456K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Consensus price targets imply 28.1% upside for MKTX (target: $196) vs 24.8% for BULL (target: $9). MKTX is the only dividend payer here at 2.05% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | $9.00 | $195.60 |
| # AnalystsCovering analysts | — | 23 |
| Dividend YieldAnnual dividend ÷ price | — | +2.0% |
| Dividend StreakConsecutive years of raises | — | 12 |
| Dividend / ShareAnnual DPS | — | $3.13 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +7.7% |
MKTX leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). BULL leads in 1 (Total Returns).
BULL vs MKTX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is BULL or MKTX a better buy right now?
For growth investors, MarketAxess Holdings Inc.
(MKTX) is the stronger pick with 3. 8% revenue growth year-over-year, versus 0. 2% for Webull Corporation Class A Ordinary Shares (BULL). MarketAxess Holdings Inc. (MKTX) offers the better valuation at 22. 9x trailing P/E (18. 6x forward), making it the more compelling value choice. Analysts rate MarketAxess Holdings Inc. (MKTX) a "Hold" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BULL or MKTX?
On forward P/E, MarketAxess Holdings Inc.
is actually cheaper at 18. 6x.
03Which is the better long-term investment — BULL or MKTX?
Over the past 5 years, Webull Corporation Class A Ordinary Shares (BULL) delivered a total return of -38.
5%, compared to -61. 8% for MarketAxess Holdings Inc. (MKTX). Over 10 years, the gap is even starker: MKTX returned +38. 3% versus BULL's -38. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BULL or MKTX?
By beta (market sensitivity over 5 years), MarketAxess Holdings Inc.
(MKTX) is the lower-risk stock at -0. 28β versus Webull Corporation Class A Ordinary Shares's 2. 50β — meaning BULL is approximately -987% more volatile than MKTX relative to the S&P 500. On balance sheet safety, Webull Corporation Class A Ordinary Shares (BULL) carries a lower debt/equity ratio of 3% versus 25% for MarketAxess Holdings Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — BULL or MKTX?
By revenue growth (latest reported year), MarketAxess Holdings Inc.
(MKTX) is pulling ahead at 3. 8% versus 0. 2% for Webull Corporation Class A Ordinary Shares (BULL). On earnings-per-share growth, the picture is similar: MarketAxess Holdings Inc. grew EPS -8. 5% year-over-year, compared to -54. 8% for Webull Corporation Class A Ordinary Shares. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BULL or MKTX?
MarketAxess Holdings Inc.
(MKTX) is the more profitable company, earning 29. 0% net margin versus -5. 8% for Webull Corporation Class A Ordinary Shares — meaning it keeps 29. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MKTX leads at 41. 2% versus -3. 7% for BULL. At the gross margin level — before operating expenses — BULL leads at 79. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BULL or MKTX more undervalued right now?
On forward earnings alone, MarketAxess Holdings Inc.
(MKTX) trades at 18. 6x forward P/E versus 32. 8x for Webull Corporation Class A Ordinary Shares — 14. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MKTX: 28. 1% to $195. 60.
08Which pays a better dividend — BULL or MKTX?
In this comparison, MKTX (2.
0% yield) pays a dividend. BULL does not pay a meaningful dividend and should not be held primarily for income.
09Is BULL or MKTX better for a retirement portfolio?
For long-horizon retirement investors, MarketAxess Holdings Inc.
(MKTX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 28), 2. 0% yield). Webull Corporation Class A Ordinary Shares (BULL) carries a higher beta of 2. 50 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MKTX: +38. 3%, BULL: -38. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BULL and MKTX?
These companies operate in different sectors (BULL (Technology) and MKTX (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
MKTX pays a dividend while BULL does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.