WallStSmart

Goldman Sachs Group Inc (GS)vsMarketAxess Holdings Inc (MKTX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Goldman Sachs Group Inc generates 6964% more annual revenue ($61.53B vs $871.07M). MKTX leads profitability with a 35.5% profit margin vs 29.4%. MKTX appears more attractively valued with a PEG of 1.01. MKTX earns a higher WallStSmart Score of 76/100 (B+).

GS

Strong Buy

73

out of 100

Grade: B

Growth: 8.0Profit: 7.5Value: 5.0Quality: 3.0
Piotroski: 4/9Altman Z: 0.14

MKTX

Strong Buy

76

out of 100

Grade: B+

Growth: 7.3Profit: 9.5Value: 6.3Quality: 8.5
Piotroski: 3/9Altman Z: 3.73

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GS5 strengths · Avg: 9.0/10
Market CapQuality
$314.06B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
38.6%10/10

Strong operational efficiency at 38.6%

Profit MarginProfitability
29.4%9/10

Keeps 29 of every $100 in revenue as profit

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

EPS GrowthGrowth
24.2%8/10

Earnings expanding 24.2% YoY

MKTX6 strengths · Avg: 9.7/10
Profit MarginProfitability
35.5%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
43.9%10/10

Strong operational efficiency at 43.9%

EPS GrowthGrowth
450.0%10/10

Earnings expanding 450.0% YoY

Altman Z-ScoreHealth
3.7310/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
26.0%9/10

Every $100 of equity generates 26 in profit

Debt/EquityHealth
0.259/10

Conservative balance sheet, low leverage

Areas to Watch

GS4 concerns · Avg: 2.3/10
PEG RatioValuation
1.624/10

Expensive relative to growth rate

Free Cash FlowQuality
$-32.43B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.142/10

Distress zone — elevated risk

Debt/EquityHealth
6.101/10

Elevated debt levels

MKTX2 concerns · Avg: 2.5/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-75.59M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : GS

The strongest argument for GS centers on Market Cap, Operating Margin, Profit Margin. Profitability is solid with margins at 29.4% and operating margin at 38.6%. Revenue growth of 14.5% demonstrates continued momentum.

Bull Case : MKTX

The strongest argument for MKTX centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 35.5% and operating margin at 43.9%. Revenue growth of 11.9% demonstrates continued momentum.

Bear Case : GS

The primary concerns for GS are PEG Ratio, Free Cash Flow, Altman Z-Score. Debt-to-equity of 6.10 is elevated, increasing financial risk.

Bear Case : MKTX

The primary concerns for MKTX are Piotroski F-Score, Free Cash Flow.

Key Dynamics to Monitor

GS carries more volatility with a beta of 1.27 — expect wider price swings.

GS is growing revenue faster at 14.5% — sustainability is the question.

MKTX generates stronger free cash flow (-76M), providing more financial flexibility.

Monitor CAPITAL MARKETS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MKTX scores higher overall (76/100 vs 73/100), backed by strong 35.5% margins and 11.9% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Goldman Sachs Group Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. It also provides investment banking to institutional investors.

MarketAxess Holdings Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

MarketAxess Holdings Inc. (MarketAxess) is an international financial technology company that operates an electronic trading platform for the institutional credit markets, and also provides market data and post-trade services.

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