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Tradeweb Markets Inc. (TW)

NASDAQ: TW · USD

$120

+0.10 (+0.1%)· Recorded snapshot

Market cap	28B
Revenue (ttm)	2.2B
Net income (ttm)	896.7M
EPS (ttm)	$4.19
Shares out	234M
P/E (trailing)	28.6x
P/E (forward)	27.4x
Dividend	$0.56 (0.47%)
Volume	2,175,841
Beta	0.61

Market data

Price

Recent price action with selectable time range.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	Strong Buy
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	Strong Buy
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	Hold

Metric	Value
Amount currency	USD
CIK code	0001758730
Company name	Tradeweb Markets Inc.
Country	United States
Country code	US
CUSIP number	892672106
Earnings date	2026-10-29
Earnings time	bmo
Employees	1,613
Employees change	151
Employees growth	10.33%
Enterprise value	$26.1B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1996
Industry	Capital Markets
IPO date	2019-04-04
Is primary listing	Yes
Is SPAC	No
ISIN number	US8926721064
Last 10-K release date	2026-02-05
Last earnings date	2026-07-30
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$28B
Market cap category	Large-Cap
Next earnings date	2026-10-29
Options	Yes
Price	$119.77
Price currency	USD
Sector	Financials
SIC code	6200
Stock price date	2026-10-28
Symbol	TW
U.S. state	New York
Website	https://www.tradeweb.com

Metric

Value

Amount currency

USD

CIK code

0001758730

Company name

Tradeweb Markets Inc.

Country

United States

Country code

CUSIP number

892672106

Earnings date

2026-10-29

Earnings time

bmo

Employees

1,613

Employees change

151

Employees growth

10.33%

Enterprise value

$26.1B

Exchange

NASDAQ

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-09

Fiscal year end

December

Founded

1996

Industry

Capital Markets

IPO date

2019-04-04

Is primary listing

Yes

Is SPAC

ISIN number

US8926721064

Last 10-K release date

2026-02-05

Last earnings date

2026-07-30

Last refreshed

2026-10-28

Last stock split type

Never

Market cap

$28B

Market cap category

Large-Cap

Next earnings date

2026-10-29

Options

Yes

Price

$119.77

Price currency

USD

Sector

Financials

SIC code

6200

Stock price date

2026-10-28

Symbol

U.S. state

New York

Website

https://www.tradeweb.com

Metric	Value
Adjusted P/E ratio	31.6x
Average P/E ratio (10Y)	58.13x
Average P/E ratio (3Y)	46.34x
Average P/E ratio (5Y)	51.33x
Earnings yield	3.5%
EV/Earnings	28.75x
EV/FCF	22.52x
EV/Sales	11.69x
FCF / EV yield	4.44%
FCF yield	4.14%
Forward EV/Sales	10.37x
Forward P/E	27.41x
Forward P/S	11.14x
Graham number	54.45271
Graham upside	-53.97%
Industry forward P/E	15.58x
Industry P/E	26.21x
Lynch fair value	$104.81
Lynch upside	-11.4%
P/(FCF - SBC) ratio	26.73x
P/(OCF - SBC) ratio	25.47x
P/B ratio	3.81x
P/E ratio	28.57x
P/FCF ratio	24.18x
P/OCF ratio	23.14x
P/S ratio	12.56x
PEG ratio	1.71x
Price / tangible book value	12.98x
Sector forward P/E	13.61x
Sector P/E	15.65x

Metric

Value

Adjusted P/E ratio

31.6x

Average P/E ratio (10Y)

58.13x

Average P/E ratio (3Y)

46.34x

Average P/E ratio (5Y)

51.33x

Earnings yield

3.5%

EV/Earnings

28.75x

EV/FCF

22.52x

EV/Sales

11.69x

FCF / EV yield

4.44%

FCF yield

4.14%

Forward EV/Sales

10.37x

Forward P/E

27.41x

Forward P/S

11.14x

Graham number

54.45271

Graham upside

-53.97%

Industry forward P/E

15.58x

Industry P/E

26.21x

Lynch fair value

$104.81

Lynch upside

-11.4%

P/(FCF - SBC) ratio

26.73x

P/(OCF - SBC) ratio

25.47x

P/B ratio

3.81x

P/E ratio

28.57x

P/FCF ratio

24.18x

P/OCF ratio

23.14x

P/S ratio

12.56x

PEG ratio

1.71x

Price / tangible book value

12.98x

Sector forward P/E

13.61x

Sector P/E

15.65x

Metric	Value
Effective tax rate	21.69%
FCF margin	51.93%
Gross margin	93.15%
Operating margin	43.63%
Pretax margin	58.95%
Profit margin	40.7%
Profit per employee	$555,921
Profitable quarters	31
Profitable years	8
Revenue per employee	$1.4M
ROA	12.48%
ROA (5Y)	7.35%
ROE	14.47%
ROE (5Y)	8.41%
ROIC	10.08%
ROIC (5Y)	7.26%
SBC / revenue	4.96%
Tax / revenue	12.79%

Metric

Value

Effective tax rate

21.69%

FCF margin

51.93%

Gross margin

93.15%

Operating margin

43.63%

Pretax margin

58.95%

Profit margin

40.7%

Profit per employee

$555,921

Profitable quarters

Profitable years

Revenue per employee

$1.4M

ROA

12.48%

ROA (5Y)

7.35%

ROE

14.47%

ROE (5Y)

8.41%

ROIC

10.08%

ROIC (5Y)

7.26%

SBC / revenue

4.96%

Tax / revenue

12.79%

Metric	Value
EPS growth	61.88%
EPS growth (Q)	19.72%
EPS growth (QoQ)	-11.46%
EPS growth 3Y	38.43%
EPS growth 5Y	31.39%
EPS growth quarters	10
EPS growth years	6
FCF growth	13.7%
FCF growth (Q)	-4.45%
FCF growth (QoQ)	309.38%
FCF growth 3Y	19.32%
FCF growth 5Y	19.64%
Net income growth	60.71%
Net income growth (Q)	17.91%
Net income growth (QoQ)	-11.66%
Net income growth 3Y	38.91%
Net income growth 5Y	33.05%
Net income growth quarters	18
Net income growth years	7
OCF growth	14.63%
OCF growth (Q)	-3.69%
OCF growth (QoQ)	279.57%
OCF growth 3Y	19.93%
OCF growth 5Y	19.9%
Operating income growth	24.64%
Operating income growth (Q)	22.73%
Operating income growth 3Y	29.68%
Operating income growth 5Y	24.95%
Revenue growth	14.11%
Revenue growth (Q)	8.96%
Revenue growth (QoQ)	-9.51%
Revenue growth 3Y	21.83%
Revenue growth 5Y	17.62%
Revenue growth quarters	27
Revenue growth years	7

Metric

Value

EPS growth

61.88%

EPS growth (Q)

19.72%

EPS growth (QoQ)

-11.46%

EPS growth 3Y

38.43%

EPS growth 5Y

31.39%

EPS growth quarters

EPS growth years

FCF growth

13.7%

FCF growth (Q)

-4.45%

FCF growth (QoQ)

309.38%

FCF growth 3Y

19.32%

FCF growth 5Y

19.64%

Net income growth

60.71%

Net income growth (Q)

17.91%

Net income growth (QoQ)

-11.66%

Net income growth 3Y

38.91%

Net income growth 5Y

33.05%

Net income growth quarters

Net income growth years

OCF growth

14.63%

OCF growth (Q)

-3.69%

OCF growth (QoQ)

279.57%

OCF growth 3Y

19.93%

OCF growth 5Y

19.9%

Operating income growth

24.64%

Operating income growth (Q)

22.73%

Operating income growth 3Y

29.68%

Operating income growth 5Y

24.95%

Revenue growth

14.11%

Revenue growth (Q)

8.96%

Revenue growth (QoQ)

-9.51%

Revenue growth 3Y

21.83%

Revenue growth 5Y

17.62%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	$-51.4M
EPS	$4.19
FCF per share	$4.89
Financing cash flow	$-585M
Free cash flow	$1.1B
Free cash flow minus SBC	$1B
Gross profit	$2.1B
Income taxes	$281.9M
Investing cash flow	$-180.9M
Net cash flow	$427.8M
Net income	$896.7M
Operating cash flow minus SBC	$1.1B
Operating income	$961.8M
Revenue	$2.2B
Stock-based compensation	$109.3M

Metric

Value

Capital expenditures

$-51.4M

EPS

$4.19

FCF per share

$4.89

Financing cash flow

$-585M

Free cash flow

$1.1B

Free cash flow minus SBC

$1B

Gross profit

$2.1B

Income taxes

$281.9M

Investing cash flow

$-180.9M

Net cash flow

$427.8M

Net income

$896.7M

Operating cash flow minus SBC

$1.1B

Operating income

$961.8M

Revenue

$2.2B

Stock-based compensation

$109.3M

Metric	Value
Book value per share	$31.43
Debt / equity	0.02
Debt / FCF	0.13
Goodwill	$3.2B
Net cash (debt)	$1.9B
Net cash / market cap	6.89%
Net cash growth	20.32%
Net debt / equity	-0.26
Net debt / FCF	-1.67
Piotroski F-Score	6
Property, plant and equipment	$210.4M
Shareholders' equity	$7.3B
Tangible book value	$2.1B
Tangible book value per share	$10.10
Total assets	$8.3B
Total cash	$2.1B
Total debt	$150.3M
Total liabilities	$912.7M
WACC	7.58%

Metric

Value

Book value per share

$31.43

Debt / equity

0.02

Debt / FCF

0.13

Goodwill

$3.2B

Net cash (debt)

$1.9B

Net cash / market cap

6.89%

Net cash growth

20.32%

Net debt / equity

-0.26

Net debt / FCF

-1.67

Piotroski F-Score

Property, plant and equipment

$210.4M

Shareholders' equity

$7.3B

Tangible book value

$2.1B

Tangible book value per share

$10.10

Total assets

$8.3B

Total cash

$2.1B

Total debt

$150.3M

Total liabilities

$912.7M

WACC

7.58%

Metric	Value
Asset turnover	0.27
Current ratio	6.79
Quick ratio	6.06
Working capital	$2.3B
Working capital turnover	1.13

Metric

Value

Asset turnover

0.27

Current ratio

6.79

Quick ratio

6.06

Working capital

$2.3B

Working capital turnover

1.13

Metric	Value
Buyback yield / dilution	0.49%
Dividend growth	17.39%
Dividend growth (3Y)	15.55%
Dividend growth (5Y)	11.03%
Dividend growth years	3
Dividend payment date	2026-09-15
Dividend payment years	8
Dividend payout frequency	Quarterly
Dividend per share	$0.56
Dividend yield	0.47%
Ex-dividend date	2026-09-01
FCF payout ratio	11.04%
Last dividend	$0.14
Payout ratio	12.88%
Shareholder yield	0.96%

Metric

Value

Buyback yield / dilution

0.49%

Dividend growth

17.39%

Dividend growth (3Y)

15.55%

Dividend growth (5Y)

11.03%

Dividend growth years

Dividend payment date

2026-09-15

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

$0.56

Dividend yield

0.47%

Ex-dividend date

2026-09-01

FCF payout ratio

11.04%

Last dividend

$0.14

Payout ratio

12.88%

Shareholder yield

0.96%

Metric	Value
150-day SMA	$106.91
1D price change	0.08%
1M price change	18.36%
1M total return	18.36%
1W price change	-0.2%
1W total return	-0.2%
1Y price change	9.04%
1Y return CAGR	9.59%
1Y total return	9.58%
20-day SMA	$113.33
200-day SMA	$109.01
3M price change	17.4%
3M total return	17.56%
3Y price change	36.55%
3Y return CAGR	11.39%
3Y total return	38.2%
50-day SMA	$107.72
50-day SMA vs 200-day SMA	50under200
52-week high	$127.69
52-week high date	2026-04-08
52-week low	$91.42
52-week low date	2026-06-25
5Y price change	37.54%
5Y return CAGR	7.04%
5Y total return	40.48%
6M price change	7.48%
6M total return	7.77%
All-time high	$152.65
All-time high date	2025-04-03
All-time low	$33.23
All-time low date	2020-03-18
Average true range (ATR)	$2.68
Average volume	1.5M
Beta (1Y)	0.15
Beta (2Y)	0.33
Beta (5Y)	0.61
Change from 52-week high	-6.2%
Change from 52-week low	31.01%
Change from all-time high	-21.54%
Change from all-time low	260.43%
Change from open	0.79%
Day's gap	-0.7%
Dollar volume	$260.6M
High price	$119.78
Low price	$117.59
Monthly RSI	54.3
Open price	$118.83
Position in 52-week range	99.54%
Premarket change	-1.09%
Premarket close	$119.67
Premarket price	$118.36
Previous close	$119.67
Price vs 150-day SMA	12.03%
Price vs 20-day SMA	5.69%
Price vs 200-day SMA	9.87%
Price vs 50-day SMA	11.19%
Relative volume	1.47
Return from IPO open	245.29%
Return from IPO price	338.13%
RSI	68.53
Sharpe ratio	0.32
Sharpe ratio (3Y)	0.45
Sharpe ratio (5Y)	0.27
Sortino ratio	0.65
Sortino ratio (3Y)	0.83
Sortino ratio (5Y)	0.57
Volume	2.2M
Weekly RSI	62.01
YTD price change	11.37%
YTD total return	11.8%

Metric

Value

150-day SMA

$106.91

1D price change

0.08%

1M price change

18.36%

1M total return

18.36%

1W price change

-0.2%

1W total return

-0.2%

1Y price change

9.04%

1Y return CAGR

9.59%

1Y total return

9.58%

20-day SMA

$113.33

200-day SMA

$109.01

3M price change

17.4%

3M total return

17.56%

3Y price change

36.55%

3Y return CAGR

11.39%

3Y total return

38.2%

50-day SMA

$107.72

50-day SMA vs 200-day SMA

50under200

52-week high

$127.69

52-week high date

2026-04-08

52-week low

$91.42

52-week low date

2026-06-25

5Y price change

37.54%

5Y return CAGR

7.04%

5Y total return

40.48%

6M price change

7.48%

6M total return

7.77%

All-time high

$152.65

All-time high date

2025-04-03

All-time low

$33.23

All-time low date

2020-03-18

Average true range (ATR)

$2.68

Average volume

1.5M

Beta (1Y)

0.15

Beta (2Y)

0.33

Beta (5Y)

0.61

Change from 52-week high

-6.2%

Change from 52-week low

31.01%

Change from all-time high

-21.54%

Change from all-time low

260.43%

Change from open

0.79%

Day's gap

-0.7%

Dollar volume

$260.6M

High price

$119.78

Low price

$117.59

Monthly RSI

54.3

Open price

$118.83

Position in 52-week range

99.54%

Premarket change

-1.09%

Premarket close

$119.67

Premarket price

$118.36

Previous close

$119.67

Price vs 150-day SMA

12.03%

Price vs 20-day SMA

5.69%

Price vs 200-day SMA

9.87%

Price vs 50-day SMA

11.19%

Relative volume

1.47

Return from IPO open

245.29%

Return from IPO price

338.13%

RSI

68.53

Sharpe ratio

0.32

Sharpe ratio (3Y)

0.45

Sharpe ratio (5Y)

0.27

Sortino ratio

0.65

Sortino ratio (3Y)

0.83

Sortino ratio (5Y)

0.57

Volume

2.2M

Weekly RSI

62.01

YTD price change

11.37%

YTD total return

11.8%

Metric	Value
Float	113.7M
Float percentage	48.6%
Shares change (QoQ)	-0.25%
Shares change (YoY)	-0.49%
Shares held by insiders	0.11%
Shares held by institutions	56.39%
Shares outstanding	234M
Short % of float	2.8%
Short % of shares	1.36%
Short ratio	2.6 days

Metric

Value

Float

113.7M

Float percentage

48.6%

Shares change (QoQ)

-0.25%

Shares change (YoY)

-0.49%

Shares held by insiders

0.11%

Shares held by institutions

56.39%

Shares outstanding

234M

Short % of float

2.8%

Short % of shares

1.36%

Short ratio

2.6 days

Tradeweb Markets Inc. (TW)

Price

Financial snapshot

Fair-value bridge

Latest news · TW

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TW indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TW

Frequently asked questions