Tradeweb Markets Inc. (TW) stock
TWNasdaqSecurity & Commodity Brokers, Dealers, Exchanges & ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 17/302% below fair value
$131.64+1.04 (+0.80%)
Close on Nov 12, 2026Market cap $30.56BP/E 30.9Yield 0.36%
Tradeweb Markets statistics
98 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 4, 2027 (estimated, before the open)
- Last ex-dividend date
- Dec 1, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 12, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 8.80
- 1.22
- P/OCF Ratio
- 25.44
- 12.40
Enterprise valuationIndustry
- EV / Sales
- 12.77
- 2.31
- EV / EBIT
- 28.95
- 17.61
- EV / FCF
- 25.25
- 12.35
Share statisticsIndustry
- Shares Change (YoY)
- -0.95%
- 1.07%
- Float
- 112M
- 27M
- Shares Held by Insiders
- 51.9%
- 0.00%
- Shares Held by Institutions
- 50.4%
- 36.4%
Short sellingIndustry
- Short Interest
- 4M
- –
- Short Interest Change
- 13.2%
- -1.74%
- Short % of Float
- 3.22%
- 2.13%
- Short % of Shares Outstanding
- 1.55%
- 1.55%
- Days to Cover
- 1.82
- 2.11
Stock price statisticsIndustry
- 52-Week High
- $132.46
- –
- 52-Week Low
- $91.42
- –
- 20-Day Moving Average
- $123.43
- –
- 50-Day Moving Average
- $112.09
- –
- 200-Day Moving Average
- $110.25
- –
- Average True Range (14)
- $2.96
- –
- Price Change (1 Week)
- 3.20%
- -2.07%
- Price Change (1 Month)
- 18.9%
- -6.28%
- Price Change (3 Months)
- 23.8%
- -2.27%
- Price Change (6 Months)
- 19.9%
- -12.1%
- Price Change (YTD)
- 22.4%
- -18.5%
- Price Change (1 Year)
- 19.3%
- -6.81%
- Price Change (3 Years)
- 41.9%
- 52.6%
- Price Change (5 Years)
- 37.3%
- 12.4%
- Average Volume (10 Days)
- 2M
- –
- Average Volume (20 Days)
- 2M
- –
- Average Volume (90 Days)
- 1M
- –
- Relative Volume
- 0.94
- 0.86
- Relative Strength Index (14)
- 81.9
- 38.3
- Volatility (1 Year)
- 30.7%
- 44.3%
- Beta (5 Years)
- 0.65
- 0.79
MarginsIndustry
- Pretax Margin
- 57.8%
- 21.2%
- EBITDA Margin
- 54.8%
- 19.8%
- FCF Margin
- 50.6%
- 20.5%
Returns on capitalIndustry
- Return on Equity (ROE)
- 14.1%
- 12.2%
- Return on Assets (ROA)
- 11.1%
- 2.24%
- Return on Invested Capital (ROIC)
- 17.7%
- 3.30%
Financial positionIndustry
- Interest Coverage
- 490.24
- 6.05
GrowthIndustry
- Revenue Growth (YoY)
- 14.4%
- 13.5%
- Net Income Growth (YoY)
- 44.3%
- 12.1%
- EPS Growth (YoY)
- 45.9%
- 12.7%
- FCF Growth (YoY)
- 10.2%
- 17.6%
- Revenue Growth (3Y CAGR)
- 20.0%
- 11.9%
- Revenue Growth (5Y CAGR)
- 18.1%
- 9.20%
- EPS Growth (3Y CAGR)
- 36.7%
- 11.0%
- EPS Growth (5Y CAGR)
- 33.8%
- 8.95%
EfficiencyIndustry
- Asset Turnover
- 0.28
- 0.25
- Revenue Per Employee
- $1.45M
- $1.01M
- Profits Per Employee
- $579.38K
- $124.33K
- Employee Count
- 1,569
- 700
- WACC
- 8.14%
- 8.68%
Income statement (TTM)Industry
- Pretax Income
- $1.32B
- $253.40M
Balance sheetIndustry
- Net Cash (Debt)
- $2.11B
- $47.07M
- Net Cash Per Share
- $9.11
- $1.63
- Equity (Book Value)
- $6.62B
- $543.32M
- Book Value Per Share
- $28.53
- $17.83
- Tangible Book Value
- $3.47B
- $241.17M
Cash flow (TTM)Industry
- Capital Expenditures
- -$46.65M
- -$13.10M
- FCF Per Share
- $4.97
- $2.11
Dividends and yieldsIndustry
- Earnings Yield
- 2.97%
- 4.02%
- FCF Yield
- 3.78%
- 6.17%
- Dividend Yield
- 0.36%
- 1.68%
- Buyback Yield
- 1.80%
- 1.83%
- Shareholder Yield
- 2.17%
- 2.90%
- Dividend Per Share
- $0.48
- $1.40
- Dividend Growth (YoY)
- 20.0%
- 5.80%
- Years of Dividend Growth
- 3
- 2
Taxes and interestIndustry
- Interest Expense
- $2.05M
- $38.36M
- Income Tax
- $287.94M
- $37.71M
- Effective Tax Rate
- 21.8%
- 21.5%
Scores and fair valueIndustry
- Graham Number
- $52.29
- $42.72
- Graham Upside
- -60.3%
- -37.3%
- Altman Z-Score
- 17.68
- 11.63
- Piotroski F-Score
- 7
- 5
- Lynch Fair Value
- $106.50
- –
- Lynch Upside
- -19.1%
- -21.1%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | TW | S&P 500 | Difference | TW per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +19.0% | -2.7% | +21.7 pts | ||
| 3 months | +26.8% | -1.7% | +28.6 pts | ||
| Year to date | +22.9% | +11.9% | +11.0 pts | ||
| 1 year | +20.4% | +12.0% | +8.4 pts | ||
| 3 years | +42.9% | +78.2% | −35.3 pts | +12.6% | +21.2% |
| 5 years | +40.2% | +73.2% | −33.0 pts | +7.0% | +11.6% |
| 10 years | +10.9% | +309.6% | −298.8 pts | +1.0% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
4M TW shares were sold short on Oct 30, 2026, up 13.2% from the previous report, or 3.22% of the shares available to trade. At recent volumes it would take 1.8 days to buy them back. Over the last 20 sessions, 47.4% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 3,604,230 | +13.2% | 1,980,551 | 1.8 |
| Oct 15, 2026 | 3,183,800 | -6.8% | 1,184,493 | 2.7 |
| Sep 30, 2026 | 3,417,521 | -0.7% | 1,395,662 | 2.5 |
| Sep 15, 2026 | 3,443,179 | -11.0% | 1,158,313 | 3.0 |
| Aug 31, 2026 | 3,869,438 | +4.7% | 1,149,236 | 3.4 |
| Aug 14, 2026 | 3,694,963 | -5.3% | 1,238,139 | 3.0 |
| Jul 31, 2026 | 3,900,871 | -7.8% | 1,798,251 | 2.2 |
| Jul 15, 2026 | 4,231,733 | +16.0% | 1,608,885 | 2.6 |
| Jun 30, 2026 | 3,646,475 | +18.9% | 1,828,314 | 2.0 |
| Jun 15, 2026 | 3,066,257 | -2.9% | 1,931,425 | 1.6 |
| May 29, 2026 | 3,158,647 | +1.8% | 2,163,063 | 1.5 |
| May 15, 2026 | 3,101,436 | +45.1% | 1,144,422 | 2.7 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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