Tradeweb Markets/$TW
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Tradeweb Markets
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
- Ticker
- $TW
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 1,613
- Headquarters
- New York, United States
- Website
- www.tradeweb.com
Tradeweb Markets Metrics
BasicAdvanced
$23B
26.23
$4.19
0.62
$0.54
0.51%
Price and volume
Market cap
$23B
Beta
0.62
52-week high
$127.69
52-week low
$91.42
Average daily volume
1.3M
Dividend rate
$0.54
Financial strength
Current ratio
6.787
Quick ratio
6.059
Long term debt to equity
0.019
Total debt to equity
0.02
Dividend payout ratio (TTM)
12.33%
Profitability
Gross margin (TTM)
93.15%
Net profit margin (TTM)
40.70%
Operating margin (TTM)
43.63%
Effective tax rate (TTM)
21.69%
Revenue per employee (TTM)
$1,370,000
Management effectiveness
Return on assets (TTM)
12.48%
Return on equity (TTM)
14.47%
Valuation
Price to earnings (TTM)
26.232
Price to revenue (TTM)
10.621
Price to book
3.5
Price to tangible book (TTM)
10.89
Price to free cash flow (TTM)
21.768
Free cash flow yield (TTM)
4.59%
Free cash flow per share (TTM)
5.052
Dividend yield (TTM)
0.49%
Forward dividend yield
0.51%
Growth
Revenue change (TTM)
14.11%
Earnings per share change (TTM)
61.88%
3-year revenue growth (CAGR)
21.83%
3-year earnings per share growth (CAGR)
38.43%
3-year dividend per share growth (CAGR)
15.21%
What the Analysts think about Tradeweb Markets
Analyst ratings (Buy, Hold, Sell) for Tradeweb Markets stock.
Analyst projections of the future price of Tradeweb Markets stock.
Bulls say / Bears say
Tradeweb’s electronic venues are still attracting more activity: Q2 average daily volume rose 18.2% year on year to $3.0 trillion, with records across several products. That gives the platform a growing pool of trading flow to monetise. (Tradeweb)
International revenue grew 13.9% in Q2, and rising use of AiEX points to further scope for growth as clients move more trading workflows online. New electronic spread trading for European credit also extends the platform into processes that have traditionally relied on voice trading. (Tradeweb, Tradeweb)
The business remains highly profitable: Q2 adjusted EBITDA margin was 54.4%, while net income rose 17.8% year on year. The company also raised its quarterly dividend by 16.7% from a year earlier. (Tradeweb)
Trading activity grew faster than revenue in Q2: average daily volume rose 18.2%, while revenue increased 9.0%. Lower average fees per million in rates derivatives and cash credit suggest product mix and pricing pressure are limiting how much extra volume adds to sales. (Tradeweb, Financial Times)
Tradeweb’s total share of U.S. high-grade TRACE trading fell 29 basis points year on year to 25.7% in Q2. That points to a challenge in defending its position in a key credit market, even as its share of fully electronic trading rose. (Yahoo Finance)
ADV growth eased to 13.7% year on year in August, below the 18.2% average increase for Q2. If that softer pace persists, it could reduce the volume tailwind supporting revenue growth. (Yahoo Finance, Tradeweb)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2026.
Tradeweb Markets Financial Performance
Revenues and expenses
Tradeweb Markets Earnings Performance
Company profitability
Upcoming events
No upcoming events
Tradeweb Markets News
AllArticlesVideos
Revisiting Former Stock Picks Casey's General Stores, Tradeweb Markets, Motorola Solutions
Barrons14 hours ago
Tradeweb Reports September 2026 Total Trading Volume of $81.6 Trillion and Average Daily Volume of $3.7 Trillion
Business Wire1 week ago
Tradeweb Announces Date for Third Quarter 2026 Financial Results
Business Wire1 month ago
Funds containing Tradeweb Markets
AllUSDGBPEUR
Fund name | Fund size | $TW weighting |
|---|---|---|
Invesco MSCI World Equal Weight£MWEP | $2B | 0.09% |
Xtrackers MSCI World Financials$XDWF | $1.5B | 0.09% |
Invesco MSCI World Equal Weight$MWEQ | $2B | 0.09% |
Amundi S&P 500£500G | £6.6B | 0.07% |
iShares Edge MSCI World Quality Factor$IWQU | $6.3B | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.