TWNasdaqSecurity & Commodity Brokers, Dealers, Exchanges & ServicesFiscal year ends December 31
Tradeweb Markets Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$114.70+1.21 (+1.07%)
Close on Oct 19, 2026
- Market cap
- $24.41B
- P/E (TTM)
- 27.4
- Dividend yield
- 0.42%
Tradeweb Markets statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Security & Commodity Brokers, Dealers, Exchanges & Services companies for comparison
Valuation
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Market Cap | $26.84B | $773.71M |
| Enterprise Value | $25.49B | $580.14M |
| PE Ratio | 27.44 | 19.40 |
| PS Ratio | 12.17 | 3.50 |
| PB Ratio | 4.05 | 1.52 |
| P/TBV Ratio | 7.70 | 1.50 |
| P/FCF Ratio | 23.45 | 12.76 |
| P/OCF Ratio | 22.44 | 12.46 |
Enterprise value
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| EV / Sales | 11.55 | 2.82 |
| EV / EBITDA | 21.06 | 15.19 |
| EV / EBIT | 26.44 | 18.34 |
| EV / FCF | 22.26 | 12.68 |
Income (trailing twelve months)
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Revenue | $2.21B | $858.37M |
| Operating Income | $963.90M | $7.74M |
| Pretax Income | $1.30B | $269.30M |
| Net Income | $897.23M | $33.63M |
| EBITDA | $1.21B | $72.05M |
| EPS (Diluted) | $4.18 | $2.27 |
Margins
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Operating Margin | 43.7% | 18.8% |
| Pretax Margin | 58.9% | 22.3% |
| Profit Margin | 40.7% | 14.5% |
| EBITDA Margin | 54.9% | 21.9% |
| FCF Margin | 51.9% | 20.1% |
Returns
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Return on Equity (ROE) | 14.1% | 14.5% |
| Return on Assets (ROA) | 11.0% | 2.25% |
| Return on Invested Capital (ROIC) | 16.7% | 4.03% |
Growth
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 14.0% | 15.2% |
| Net Income Growth (YoY) | 60.7% | 7.71% |
| EPS Growth (YoY) | 61.4% | 15.0% |
| FCF Growth (YoY) | 13.7% | 2.56% |
| Revenue Growth (3Y CAGR) | 20.0% | 11.9% |
| Revenue Growth (5Y CAGR) | 18.1% | 9.48% |
| EPS Growth (3Y CAGR) | 36.7% | 11.0% |
| EPS Growth (5Y CAGR) | 33.8% | 9.30% |
Balance sheet
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $2.06B | $64.64M |
| Net Cash (Debt) | $2.06B | $37.55M |
| Net Cash Per Share | $8.79 | $1.24 |
| Equity (Book Value) | $6.63B | $505.81M |
| Book Value Per Share | $28.35 | $17.04 |
| Tangible Book Value | $3.48B | $210.80M |
Financial position
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Interest Coverage | 469.28 | 6.12 |
Cash flow (trailing twelve months)
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Operating Cash Flow | $1.20B | $11.08M |
| Capital Expenditures | -$51.37M | -$11.81M |
| Free Cash Flow | $1.14B | $313.40M |
| FCF Per Share | $4.89 | $1.29 |
Efficiency
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Asset Turnover | 0.27 | 0.25 |
| Revenue Per Employee | $1.41M | $1.03M |
| Profits Per Employee | $571.85K | $147.65K |
| Employee Count | 1,569 | 700 |
Dividends and yields
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Earnings Yield | 3.34% | 3.20% |
| FCF Yield | 4.26% | 6.00% |
| Dividend Yield | 0.42% | 1.85% |
| Buyback Yield | 1.28% | 1.19% |
| Shareholder Yield | 1.70% | 1.82% |
| Dividend Per Share | $0.48 | $1.40 |
| Dividend Growth (YoY) | 20.0% | 5.80% |
| Years of Dividend Growth | 3 | 2 |
Shares
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Shares Outstanding | 234,028,000 | 41,100,900 |
| Shares Change (YoY) | -0.48% | 0.87% |
| Float | 113,667,000 | 27,062,500 |
| Shares Held by Insiders | 51.4% | 0.00% |
| Shares Held by Institutions | 50.0% | 36.9% |
Taxes
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Income Tax | $281.91M | $39.89M |
| Effective Tax Rate | 21.7% | 21.6% |
Scores
| Measure | Tradeweb Markets | Industry median |
|---|---|---|
| Graham Number | $51.64 | $40.68 |
| Graham Upside | -55.0% | -38.1% |
| Altman Z-Score | 18.59 | 9.82 |
| Piotroski F-Score | 7 | 5 |
Calculated by StockData from Tradeweb Markets's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.