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Tradeweb Markets Inc

TW

NASDAQ

Financial Services

$106.10

USD

+2.80 (+2.71%)

At close: Aug 20, 2026, 4:00 PM EDT

Market Cap $24.76B

Volume 1.5M

Price (USD)
Price (USD)

About Tradeweb Markets Inc

Tradeweb Markets, Inc. engages in the operation of electronic marketplaces for the trading of products across the rates, credit, money markets, and equities of asset classes. The company is headquartered in New York City, New York and currently employs 1,598 full-time employees. The company went IPO on 2019-04-04. The firm provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 50 products to clients. The company supports its clients by providing solutions across the trade lifecycle, including pre-trade, execution, post-trade and data and analytics. Its technology supports multiple asset classes, trading protocols and geographies. The firm provides deep liquidity pools to the institutional, wholesale and retail client sectors through its Tradeweb Institutional, Dealerweb, Tradeweb Direct and ICD Portal platforms. The company provides fully electronic, hybrid and voice trading for the wholesale community on its Dealerweb platform. Its network comprises clients across the institutional, wholesale, retail and corporate client sectors, including global asset managers, hedge funds, central banks, banks and dealers, and others.

CEO

Mr. William Hult

HQ

New York City, NEW YORK, US

Founded

2019

Employees

1,598

Quantli Score

8.4

Outperform

Fin. Health

8.1

Profitability

7.6

Growth

9.0

Cash-Flow Q.

8.8

Key Metrics

7 metrics our research team weighs before forming a view on TW.

Based on Quantli research · SEC filings · as of Q2 2026

METRIC

VALUE

CHANGE

TREND (3Y)

Revenue Growth (TTM)

14.0%

-13.9 pp

Gross Margin (TTM)

100.0%

0.0 pp

Operating Margin (TTM)

43.7%

+4.8 pp

Net Margin (TTM)

46.1%

+13.3 pp

ROE (TTM)

13.9%

+4.4 pp

EPS Growth (TTM)

61.4%

+32.5 pp

Free Cash Flow (TTM)

$1.11B

+13.3%

Financial Snapshot

Full Financials

Revenue

$2.21B

+14.0%

YoY

Gross Margin

100%

TTM

0.0%

YoY

Net Income

$1.02B

+60.5%

YoY

Operating Cash Flow

$1.20B

+14.6%

YoY

Key Statistics

Open

$103.93

Previous Close

$103.30

Day Range

$102.89 - $106.80

52 Week Range

$91.42 - $131.04

Volume

1.5M

Average Volume (10 Days)

1.0M

Dividend Yield

0.45%

Valuation Measurement

Market Cap

$24.76B

P/E Ratio (TTM)

27.59

P/S Ratio (TTM)

11.22

Price / Book

3.37

Financial Highlights

Profit Margin

46.1%

Return on Assets

12.3%

Return on Equity

13.9%

Revenue (TTM)

$2.21B

Net Income (TTM)

$1.02B

Diluted EPS (TTM)

$4.18

Total Cash (MRQ)

$2.06B

Levered FCF (TTM)

$1.11B

Turn research into action

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Go deeper on TW

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Earnings Calendar

Next Earnings

Estimated Q3 Release

Oct 29

Est. EPS

Adjusted consensus estimate

$1.02

Analyst Consensus

Hold

Based on 3 analyst ratings

Avg Target: $122.67

(+15.6% upside)

High: $146.00 · Low: $109.00

Strong Buy

0%

Buy

33%

Hold

67%

Sell

0%

Strong Sell

0%

View full analyst ratings