MarketAxess Holdings Inc. (MKTX) vs TeraWulf Inc. (WULF)

A side-by-side comparison of MarketAxess Holdings Inc. and TeraWulf Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMKTX vs WULF

growth of $100 · dividends reinvested · last 10y
MKTX +5.8% (+0.6%/yr)WULF +85.7% (+6.4%/yr)WULF compounded faster over this window
0100200300400Start $10020182020202220242026$106$186
MKTX WULF

MKTX vs WULF: by the numbers

  • WULF is the larger company ($8.17B vs $5.72B market cap).
  • MKTX is profitable (35.23% net margin) while WULF runs a net loss (-1179.94%).
  • WULF grew revenue faster over the past five years (73.75% vs 4.21% CAGR).
  • MKTX pays a dividend (1.90% yield), while WULF is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricMKTXWULF
P/E ratio19.16N/A
Forward P/E20.45N/A
P/S ratio6.5848.49
P/B ratio4.6254.38

Profitability

MetricMKTXWULF
Gross margin67.52%50.93%
Operating margin40.51%-101.10%
Net margin35.23%-1179.94%
ROE24.73%-1323.42%

Dividends

MetricMKTXWULF
Dividend yield1.90%N/A
Payout ratio46.25%N/A

Growth (annualized)

MetricMKTXWULF
Revenue CAGR (5Y)4.21%73.75%
EPS CAGR (5Y)-3.62%-27.04%
Total return CAGR (5Y)-18.58%-8.33%

Frequently asked

Which has grown faster, MKTX or WULF?
Over the past five years, WULF grew revenue faster — MKTX at a 4.21% CAGR versus WULF at 73.75%.
Does MKTX or WULF pay a bigger dividend?
MKTX pays a dividend (1.90% yield), while WULF is a former payer with no current dividend run rate.
Is MKTX or WULF more profitable?
MKTX runs the higher net margin — MKTX at 35.23% versus WULF at -1179.94%.
How have MKTX and WULF total returns compared?
Over the past 10 years, MKTX delivered 0.77% and WULF delivered 6.33% annualized total return. Past performance doesn't predict future results.

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 August 28, 2026.