Tradeweb Markets Inc.
TW
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Tradeweb Markets operates in a competitive capital markets industry, leveraging its technology to enhance trading efficiency and attract a diverse client base.
- In Q2 2026, Tradeweb reported a revenue of $558.946 million, with a gross margin of 69.1%.
- The company's net income for Q1 2026 was $205.284 million, reflecting a strong earnings growth of 19.7% year-over-year.
- The capital markets sector is subject to regulatory changes that could impact Tradeweb's operations and profitability.
- Tradeweb's revenue decreased by 10% compared to the prior quarter, from $617.764 million to $558.946 million.
- The company's trailing P/E ratio stands at 25.73, which may indicate overvaluation compared to industry peers.
Fundamentals
| Market cap | $23.69B | Enterprise value | $21.94B | Trailing P/E | 26.24 | Forward P/E | 23.60 |
| PEG | 1.74 | Price / book | 3.53 | Beta | 0.61 | Dividend yield | 0.51% |
| Revenue growth | 9.0% | Earnings growth | 19.7% | Gross margin | 93.2% | Operating margin | 43.8% |
| Profit margin | 40.7% | ROE | 14.5% | ROA | 12.5% | Debt / equity | 0.02 |
| Current ratio | 6.79 | Free cash flow | — | Analyst recommendation | buy | Mean target | $123.80 |
| 52w high | $127.69 | 52w low | $91.42 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $559M | $618M | $521M | $509M | $513M |
| Op margin | 43.9% | 46.5% | 44.3% | 41.4% | 39.0% |
| Net income | $181M | $205M | $325M | $186M | $154M |
| Gross margin | 69.1% | 68.0% | 69.4% | 67.6% | 66.9% |
| Gross profit | $386M | $420M | $362M | $344M | $343M |
| Operating income | $245M | $287M | $231M | $210M | $200M |
- Revenue -10% vs prior quarter ($559M vs $618M).
- Gross margin 69.1% (was 68% prior quarter).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.7B | $1.3B | $1.2B | — |
| Op margin | 41.2% | 39.7% | 37.0% | 35.9% | — |
| Net income | $813M | $502M | $365M | $309M | — |
| Gross margin | 67.3% | 65.7% | 65.6% | 63.6% | — |
| Gross profit | $1.4B | $1.1B | $878M | $756M | — |
| Operating income | $845M | $686M | $496M | $426M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Dollar Trades Steady, Treasury Yields Rise
2026-10-09 · U.S. Treasury Yields Edge Higher, Eurozone Bond Yields Decline
2026-10-09 · Eurozone Bond Yields Fall, French OATs Outperform
2026-10-08 · Treasury Yields Steady After ‘Solid’ 30-Year Bond Auction
2026-10-08 · U.S. Dollar, Treasury Yields Rise With Inflation Fears in Focus
2026-10-08 · U.S. Treasury Yields, Eurozone Bond Yields Rise Relentlessly
2026-10-07 · Tradeweb Markets (TW) Could Be 13% Undervalued After Strong Q3 Trading Volumes
2026-10-07 · Bonds Sell Off Again, Sending Yields to 24-Year Highs
2026-10-07 · U.S. Treasury Yields Rise in Asian Trade as Markets Await Fed Minutes
2026-10-07 · Dollar Rises Ahead of Fed Minutes
2026-10-06 · Global Bond Yields Turn Lower
2026-10-06 · Sector Update: Financial Stocks Advance Premarket Tuesday
Price (daily)
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