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
- 1,613
- Headquarters
- New York, United States
- Website
- www.tradeweb.com
Tradeweb Markets Metrics
BasicAdvanced
$26B
28.73
$4.27
0.61
$0.54
0.46%
Price and volume
Market cap
$26B
Beta
0.61
52-week high
$127.69
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)
$1,410,000
Management effectiveness
Return on assets (TTM)
12.56%
Return on equity (TTM)
14.46%
Valuation
Price to earnings (TTM)
28.728
Price to revenue (TTM)
11.4
Price to book
3.87
Price to tangible book (TTM)
11.89
Price to free cash flow (TTM)
24.007
Free cash flow yield (TTM)
4.17%
Free cash flow per share (TTM)
5.104
Dividend yield (TTM)
0.44%
Forward dividend yield
0.46%
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
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
Tradeweb Markets News
AllArticlesVideos
Tradeweb to Buy Trumid For About $1.97 Billion
WSJ2 weeks ago
Tradeweb to Acquire Trumid, Expanding Tradeweb's Credit Capabilities Across the Entire Bond Lifecycle and Further Differentiating its Multi-Asset Class Platform
Business Wire2 weeks ago
Revisiting Former Stock Picks Casey's General Stores, Tradeweb Markets, Motorola Solutions
Barrons2 weeks ago
Funds containing Tradeweb Markets
AllUSDEURGBP
Fund name | Fund size | $TW weighting |
|---|---|---|
Invesco MSCI World Equal Weight$MWEQ | $2B | 0.09% |
Invesco MSCI World Equal Weight£MWEP | $2B | 0.09% |
Xtrackers MSCI World Financials£XWFS | $1.5B | 0.09% |
Xtrackers MSCI World Financials$XDWF | $1.5B | 0.09% |
iShares Edge MSCI USA Quality Factor£IUQF | $1.8B | 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.