MarketAxess Holdings Inc. (MKTX) vs StepStone Group Inc. (STEP)
A side-by-side comparison of MarketAxess Holdings Inc. and StepStone Group Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
MKTX
MarketAxess Holdings Inc.
$164.10Financial ServicesDelayed quote: Oct 6, 2026, 2:40 PM EDT
STEP
StepStone Group Inc.
$45.48Financial ServicesDelayed quote: Oct 6, 2026, 2:40 PM EDT
Total return — MKTX vs STEP
growth of $100 · dividends reinvested · last 6yMKTX -61.9% (-14.8%/yr)STEP +114.8% (+13.6%/yr)STEP compounded faster over this window
Log scale — wide-divergence pair
MKTX STEP
MKTX vs STEP: by the numbers
- •STEP is the larger company ($5.87B vs $5.78B market cap).
- •MKTX is profitable (35.23% net margin) while STEP runs a net loss (-30.53%).
- •STEP grew revenue faster over the past five years (11.65% vs 4.21% CAGR).
- •STEP pays the higher dividend yield (3.79% vs 1.89%).
Metrics side by side
Valuation
| Metric | MKTX | STEP |
|---|---|---|
| P/E ratio | 19.35 | N/A |
| Forward P/E | 20.66 | 18.41 |
| P/S ratio | 6.64 | 2.92 |
| P/B ratio | 4.66 | N/A |
Profitability
| Metric | MKTX | STEP |
|---|---|---|
| Gross margin | 67.52% | 51.00% |
| Operating margin | 40.51% | -58.22% |
| Net margin | 35.23% | -30.53% |
| ROE | 24.73% | N/A |
Dividends
| Metric | MKTX | STEP |
|---|---|---|
| Dividend yield | 1.89% | 3.79% |
| Payout ratio | 36.56% | N/A |
Growth (annualized)
| Metric | MKTX | STEP |
|---|---|---|
| Revenue CAGR (5Y) | 4.21% | 11.65% |
| EPS CAGR (5Y) | -3.62% | N/A |
| Total return CAGR (5Y) | -16.50% | 5.29% |
Frequently asked
- Which has grown faster, MKTX or STEP?
- Over the past five years, STEP grew revenue faster — MKTX at a 4.21% CAGR versus STEP at 11.65%.
- Does MKTX or STEP pay a bigger dividend?
- MKTX yields 1.89% and STEP yields 3.79% based on trailing dividends and the latest price.
- Is MKTX or STEP more profitable?
- MKTX runs the higher net margin — MKTX at 35.23% versus STEP at -30.53%.
- How have MKTX and STEP total returns compared?
- Over the past 5 years, MKTX delivered -16.50% and STEP delivered 5.29% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
MarketAxess P/E ratioMarketAxess dividend yieldStepStone dividend yieldMarketAxess ROEStepStone ROEMarketAxess operating marginStepStone operating marginMarketAxess revenue growthStepStone revenue growth
MarketAxess & StepStone appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.