COMP <GO>
MKTX vs HSBC // DIVIDEND YIELD & FCF PAYOUT SAFETY
MarketAxess Holdings Inc. (NASDAQ) VS. HSBC Holdings plc. (NYSE) • 15-METRIC TALLY: MKTX 9
— HSBC 4
■ METRIC PARITY
LAST: $165.30 (+0.23%) • MKT CAP: $5.80B
dividend-safety
0.00%
LAST: $85.42 (-1.36%) • MKT CAP: $297.33B
dividend-safety
0.00%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MKTX VS. HSBC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MKTX | HSBC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 28.40% | 9.90% | +18.50 | MKTX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 16.1x | 21.0x | -4.90 | MKTX | /valuation <GO> |
| Free Cash Flow Yield | 6.44% | 2.21% | +4.23 | MKTX | /fcf-yield <GO> |
| Operating Margin | 40.40% | 13.90% | +26.50 | MKTX | /operating-margins <GO> |
| Net Profit Margin | 29.20% | 10.90% | +18.30 | MKTX | /net-margins <GO> |
| Revenue Growth (YoY) | 3.60% | 23.10% | -19.50 | HSBC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety ACTIVE | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 6.91 | 3.74 | +3.17 | MKTX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | HSBC | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.00% | 6.60% | +0.40 | HSBC | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 73.1 | 25.0 | +48.09 | MKTX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.02 | 0.92 | +0.10 | MKTX | /macro-sensitivity <GO> |
| Forward P/E Multiple | 21.9x | 27.6x | -5.70 | MKTX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.80B | $297.33B | -$291.52B | HSBC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MKTX REV | HSBC REV | MKTX GROSS % | HSBC GROSS % | MKTX FCF | HSBC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $846.3M | — | 44.0% | — | $373.9M | — |
| FY 2024 | $817.1M | — | 44.0% | — | $375.3M | — |
| FY 2023 | $752.5M | — | 44.0% | — | $299.9M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MKTX // BETA 1.02
HSBC // BETA 0.92