Tradeweb Markets/$TW
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Tradeweb Markets
Founded in 1997 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. It offers electronic processing for some voice-negotiated trades, but it primarily provides 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 LSEG.
- Ticker
- $TW
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 1,661
- Headquarters
- New York, United States
- Website
- www.tradeweb.com
Tradeweb Markets Metrics
BasicAdvanced
$28B
30.86
$4.27
0.61
$0.54
0.43%
Price and volume
Market cap
$28B
Beta
0.61
52-week high
$132.46
52-week low
$91.42
Average daily volume
1.6M
Dividend rate
$0.54
Financial strength
Current ratio
4.948
Quick ratio
4.487
Long term debt to equity
0.02
Total debt to equity
0.02
Dividend payout ratio (TTM)
12.59%
Profitability
Gross margin (TTM)
92.91%
Net profit margin (TTM)
39.86%
Operating margin (TTM)
44.07%
Effective tax rate (TTM)
21.82%
Revenue per employee (TTM)
$1,370,000
Management effectiveness
Return on assets (TTM)
12.56%
Return on equity (TTM)
14.46%
Valuation
Price to earnings (TTM)
30.861
Price to revenue (TTM)
12.247
Price to book
4.16
Price to tangible book (TTM)
12.78
Price to free cash flow (TTM)
25.79
Free cash flow yield (TTM)
3.88%
Free cash flow per share (TTM)
5.104
Dividend yield (TTM)
0.41%
Forward dividend yield
0.43%
Growth
Revenue change (TTM)
14.45%
Earnings per share change (TTM)
45.59%
3-year revenue growth (CAGR)
21.87%
3-year earnings per share growth (CAGR)
35.37%
3-year dividend per share growth (CAGR)
15.55%
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
Third-quarter revenue rose 14.9% year on year and average daily trading volume climbed 22.4%, while the adjusted EBITDA margin widened to 54.5%. That points to strong demand and continued operating leverage. (Tradeweb)
International revenue grew 22.4% and supplied more than 60% of revenue growth, with gains across regions and products. This broadens Tradeweb’s growth beyond its established US business. (Tradeweb)
The planned Trumid purchase would add credit protocols, hedge-fund clients and access to new-issue trading, extending Tradeweb’s reach across the bond lifecycle. The company expects the deal to add to adjusted earnings per share in its first full year after closing. (Tradeweb)
Higher trading volumes are not translating proportionately into fees: average fees per million fell 10.5% for long-tenor swaps and 10.6% for cash credit, partly because activity shifted towards lower-fee trading. Persistent mix pressure could limit revenue growth even if volumes remain strong. (Business Wire)
Adjusted expenses rose 13.9% in the quarter, and management expects more muted incremental margin expansion as it invests in technology, staff and growth. If revenue momentum slows, these higher costs could weigh on profit growth. (The Motley Fool)
The Trumid deal commits Tradeweb to a purchase price of about $1.97 billion, mostly in cash, and still needs regulatory approvals. Integration and delivery of the expected benefits create execution risk on a large acquisition. (Tradeweb)
Data summarised monthly by Lightyear AI. Last updated on 1 Nov 2026.
Tradeweb Markets Financial Performance
Revenues and expenses
Tradeweb Markets Earnings Performance
Company profitability
Upcoming events
Tradeweb Markets News
AllArticlesVideos
Tradeweb Reports October 2026 Total Trading Volume of $78.9 Trillion and Average Daily Volume of $3.6 Trillion
Business Wire1 week ago
Tradeweb Launches Muni Sweep, a Session-Based Trading Protocol for the Municipal Bond Market
Business Wire1 week ago
Tradeweb to Buy Trumid For About $1.97 Billion
WSJ4 weeks ago
Funds containing Tradeweb Markets
Fund name | Fund size | $TW weighting |
|---|---|---|
Invesco MSCI World Equal Weight£MWEP | $2B | 0.10% |
Invesco MSCI World Equal Weight$MWEQ | $2B | 0.10% |
Xtrackers MSCI World Financials£XWFS | $1.5B | 0.10% |
Xtrackers MSCI World Financials$XDWF | $1.5B | 0.10% |
iShares Edge MSCI World Quality Factor£IWFQ | $6.7B | 0.06% |
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.