Tradeweb Markets Inc.

TW • Financial - Capital Markets

$106.20

▲ +0.86 (+0.82%)

Current price

EarningsLatest report: Jun 30, 2026

HIGHLY FAVORABLE PROFILEExcellentConfidence: 70%

Quantitative profile — not an investment recommendation.

Quantitative profile — not an investment recommendation.Methodology

Analysis thesis: Strong business quality with supportive growth and cash-flow evidence. Valuation still matters, but the historical ratio profile is favorable.

Market Cap

$22.60B

Growth

18.0%

Cash Flow

5/5

Trend

Stable

Evidence

Stable or improving margins · 39.6%Positive revenue growth · 15.8%Positive free cash flow · 5.29Consistent free cash flow · 5/5Manageable debt level · 0.04

Financial data as of: Jun 30, 2026, 12:00 AM UTCLast earnings update: Jun 30, 2026, 12:00 AM UTCLast profile update: Aug 5, 2026, 2:27 PM UTC

Company Snapshot

Key valuation, quality, financial strength, momentum and analyst data.

Price$106.20

Change0.82%

Shares Out212.80M

Market Cap$22.60B

Enterprise Value$20.69B

52W Range91.42 - 141.13

Beta0.62

P/E25.19

P/S10.24

P/B3.41

P/FCF21.08

EV/Sales9.38

Price$106.20

Change0.82%

Shares Out212.80M

Market Cap$22.60B

Enterprise Value$20.69B

52W Range91.42 - 141.13

Beta0.62

P/E25.19

P/S10.24

P/B3.41

P/FCF21.08

EV/Sales9.38

EV/EBITDA13.65

EV/FCF19.30

Earnings Yield3.97%

FCF Yield4.74%

Dividend Yield0.49%

Gross Margin67.32%

Oper. Margin41.18%

Profit Margin39.60%

Debt/Eq0.04

Current Ratio4.94

Quick Ratio4.94

Revenue 5Y18.03%

FCF 5Y27.34%

Target$135.50

Target Upside27.59%

Target Median$136.00

Target Range102.00 - 178.00

Volume7.24M

Avg Volume1.65M

EPS Surprise0.02

Investment DNA

How strong this company looks for long-term investors

out of 100

Business Quality

Margins, moat, returns

90/100

Financial Strength

Debt, cash, stability

95/100

Growth Potential

Revenue and expansion

95/100

Price Attractiveness

Cheap or expensive today

55/100

Why this score▼

Stable or improving margins · 39.6%Positive revenue growth · 15.8%Positive free cash flow · 5.29Consistent free cash flow · 5/5Manageable debt level · 0.04Healthy liquidity · 4.94

Analyst view

Analyst sentiment and price target

Analyst sentiment

Based on 28 analyst votes · 2026-09-05

82/100

Bullish

Hold

Bearish

Price Target

2026-07-31

Low

$110.00

Mean

$126.33

Median

$117.50

High

$151.00

Company Overview

IPO: 4/4/2019

Industry: Financial - Capital Markets

P/B i: 3.41

Debt / Equity i: 0.04

Operating Margin: 41.18%

Net Margin: 39.60%

ROE i: -

ROIC: -

Financial Health

Score19 / 20

Debt / Equity: 0.04

Current Ratio: 4.94

Quick Ratio: 4.94

Status: Strong

Insider Transactions

Recent executive and insider activity

Peterson Justin

Transaction: 06/01/2026

SELL

Change

-21,221

Price

$102.00

Filing

06/02/2026

Type

SELL

BERNS STEVEN

Transaction: 05/26/2026

SELL

Change

-425

Price

$105.26

Filing

05/27/2026

Type

SELL

Repetto Richard H

Transaction: 05/19/2026

BUY

Change

+1,645

Price

Not reported

Filing

05/20/2026

Type

BUY

Insider	Type	Change	Price	Transaction	Filing
Peterson Justin	SELL	-21,221	$102.00	06/01/2026	06/02/2026
BERNS STEVEN	SELL	-425	$105.26	05/26/2026	05/27/2026
Repetto Richard H	BUY	+1,645	Not reported	05/19/2026	05/20/2026
Opoku Lisa	BUY	+1,645	Not reported	05/19/2026	05/20/2026
Ganeles Scott	BUY	+1,645	Not reported	05/19/2026	05/20/2026
BERNS STEVEN	BUY	+1,645	Not reported	05/19/2026	05/20/2026
Madoff Paula	BUY	+1,912	Not reported	05/19/2026	05/20/2026
AIGRAIN JACQUES	BUY	+2,668	Not reported	05/19/2026	05/20/2026
Yared Rana	BUY	+1,645	Not reported	05/19/2026	05/20/2026
Peterson Justin	SELL	-21,221	$120.66	04/15/2026	04/17/2026
Furber Sara	SELL	-1,614	$124.86	03/23/2026	03/24/2026
Friedman Douglas	SELL	-592	$124.86	03/23/2026	03/24/2026
Clack Amy	SELL	-271	$125.75	03/20/2026	03/24/2026
Peterson Justin	SELL	-1,005	$125.13	03/20/2026	03/24/2026
Furber Sara	SELL	-4,911	$125.13	03/20/2026	03/24/2026
Friedman Douglas	SELL	-2,219	$125.12	03/20/2026	03/24/2026
Dixon Troy	SELL	-2,584	$125.75	03/20/2026	03/24/2026
Peterson Justin	SELL	-3,212	$124.76	03/18/2026	03/19/2026
Hult William	SELL	-5,656	$126.17	03/17/2026	03/19/2026
Furber Sara	SELL	-1,679	$126.17	03/17/2026	03/19/2026

About the Company

Tradeweb Markets Inc.

Tradeweb Markets Inc. is a global provider that develops and manages sophisticated electronic trading platforms across the Americas, Europe, the Middle East, Africa, and Asia Pacific. These digital venues facilitate transactions in a diverse array of financial instruments, including fixed income (rates and credit), money market products, and equities. The company offers a comprehensive range of services, encompassing pre-trade analytics and data, efficient trade execution, and streamlined processing. It also delivers valuable post-trade data insights, analytical tools, and detailed reporting solutions. Tradeweb caters to a broad spectrum of market participants. It provides flexible order management and trading systems for institutional investors, operating in 45 distinct financial markets and supporting 25 different currencies. Through its Dealerweb platform, it offers a mix of electronic, voice, and hybrid trading solutions to roughly 300 dealers and financial institutions. Furthermore, the Tradeweb Direct platform is specifically designed to serve financial advisory firms and individual traders. With a substantial client network of approximately 2,500 entities, Tradeweb serves the institutional, wholesale, and retail sectors. Its extensive client base includes asset managers, hedge funds, insurance providers, central banks, commercial banks, securities dealers, proprietary trading firms, retail brokerage houses, financial advisory practices, and regional dealers. Tradeweb Markets Inc. was established in 1996, with its corporate headquarters located in New York, New York. The company operates as a subsidiary of Refinitiv Parent Limited.

Source - link

Peers

CFG FCNCA FUTU HBAN LPLA NMR RF TROW

Size reflects market cap · color matches the chart line

1Y peer performance

Top performers + selected company

Latest news

Tradeweb Reports August 2026 Total Trading Volume of $61.2 Trillion and Average Daily Volume of $2.8 Trillion

NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a global leader in electronic trading across asset classes, today reported total trading volume for the month of August 2026 of $61.2 trillion (tn). Average daily volume ("ADV") for the month was $2.8tn, an increase of 13.7 percent (%) year-over-year ("YoY"). August 2026 Highlights RATES U.S. government bond ADV was up 28.9% YoY to $282.5 billion (bn). European government bond ADV was up 22.2% YoY to $54.1bn. U.S. government bond AD.

Business Wire

TRADEWEB STOCK ALERT: Kaskela Law LLC Announces Shareholder Investigation of Tradeweb Markets (NASDAQ: TW) and Encourages Current TW Stockholders to Contact the Firm

NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)---- $tw #tradeweb--Kaskela Law announces that it is investigating Tradeweb Markets Inc. (NASDAQ: TW) (“Tradeweb”) on behalf of the company's long-term shareholders. The investigation seeks to determine whether Tradeweb and/or the company's officers and directors violated the securities laws or breached their fiduciary duties in connection with recent corporate actions. Tradeweb shareholders who would like to learn more about this investigation and their legal rights and optio.

Business Wire

Tradeweb Exchange-Traded Funds Update - July 2026

Trading activity on the Tradeweb European-listed ETF marketplace reached EUR 77.5 billion in July, an increase of approximately 29% year-over-year. Shares-based products dominated July's top ten, with the iShares Core EURO STOXX 50 UCITS ETF holding on to the top spot for the second consecutive month. Total consolidated U.S. ETF notional value traded in July reached USD 90.6 billion, up 45% year-over-year.

Seeking Alpha

Tradeweb Reports July 2026 Total Trading Volume of $67.5 Trillion and Average Daily Volume of $2.9 Trillion

NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a global leader in electronic trading across asset classes, today reported total trading volume for the month of July 2026 of $67.5 trillion (tn). Average daily volume ("ADV") for the month was $2.9tn, an increase of 23.3 percent (%) year-over-year ("YoY"). July 2026 Highlights RATES U.S. government bond ADV was up 26.1% YoY to $258.0 billion (bn). European government bond ADV was up 20.8% YoY to $61.4bn. U.S. government bond ADV wa.

Business Wire

Tradeweb Markets Inc. (TW) Q2 2026 Earnings Call Transcript

Seeking Alpha

Earnings Surprises

Period	Estimate	Actual	Surprise
2026-04-29	1.06	1.08	0.02
2026-02-05	0.848	0.87	0.022
2025-10-30	0.829	0.87	0.041
2025-07-30	0.86	0.87	0.01
2025-04-30	0.856	0.86	0.004
2025-02-06	0.75	0.76	0.01
2024-10-30	0.753	0.75	-0.003
2024-07-25	0.69	0.7	0.01
2024-04-25	0.71	0.71	0
2024-02-06	0.63	0.64	0.01
2023-10-26	0.55	0.55	0
2023-07-27	0.5	0.52	0.02