TW — Tradeweb Markets Inc.

Nasdaq · Financials · Capital Markets · CIK 1758730 ·
Last close
$108.38
Market Cap
$12.58B
52W High
$108.82
52W Low
$91.42
ADV30
1,539,485
Next earnings
2026-10-29
Tradeweb Markets Inc. builds and operates electronic marketplaces in the United States and internationally. The company offers marketplaces that facilitate trading products across various asset classes, including rates, credit, equities, and money markets. It also provides pre-trade data and analytics, such as AI-Price, SNAP+, iNAV for ETFs, integrations, and LSEG market data; and trade execution comprising request-for-quote, request-for-market, request-for-stream, list trading, compression, blast all-to-all, click-to-trade, portfolio trading, session-based, central limit order book, bilateral firm streams, inventory-based, rematch, voice, futures vs. cash spreading, and dealer algorithmic suite. In addition, the company offers trade processing; and post-trade data, analytics, and reporting, which include transaction cost analysis, benchmark prices, and APA. It serves institutional, wholesale, retail, and corporate clients, such as asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, regional dealers, and corporations. The company was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. is a subsidiary of Refinitiv Parent Limited.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026 558,946,000 386,484,000 245,262,000 181,318,000 8,250,843,000 2,057,929,000 912,689,000
Mar 2026 617,764,000 419,971,000 287,253,000 205,284,000 8,295,749,000 1,937,301,000 986,111,000
Dec 2025 521,183,000 361,915,000 230,799,000 324,992,000 8,189,557,000 2,084,739,000 1,000,320,000
Sep 2025 508,598,000 343,605,000 210,371,000 185,636,000 7,995,948,000 1,907,922,000 1,060,985,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$1,196,188,000
Investing CF
$-180,876,000
Financing CF
$-584,985,000
CapEx
$-120,558,000
Dividends Paid
$-110,669,000
Buybacks
$-343,878,000
EPS Diluted TTM
$4.18
As of
2026-08-02

Balance + Analyst (yfinance extras)

Retained Earnings
$1,687,101,000
Inventory
Receivables
$327,875,000
ST Investments
EBIT TTM
$1,301,493,000
Pretax Income TTM
$1,299,439,000
Interest Exp TTM
$2,054,000
Analysts
14

Yahoo Snapshot (yfinance, live)

Total Revenue
$2,204,436,992
EBITDA
Free Cash Flow
Enterprise Value
$21,661,110,272
Total Cash
$2,057,928,960
Total Debt
$150,336,992
Shares Out
116,035,961
Trailing EPS
$4.24
Book Value
$31.09
ROE
14.5%
ROA
12.5%
Div Yield
0.52%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 2,052,429,000 845,124,000 812,792,000 8,189,557,000 1,000,320,000 1,167,646,000
Dec 2024 1,725,949,000 685,758,000 501,507,000 7,267,993,000 869,108,000 897,741,000
Dec 2023 1,338,219,000 495,752,000 364,866,000 7,059,538,000 1,128,132,000 746,089,000
Dec 2022 1,188,781,000 426,226,000 309,338,000 6,260,131,000 713,815,000 632,822,000

TTM Snapshot

Revenues TTM
$1,329,712,000
NetIncome TTM
$336,376,000
OpCashFlow TTM
$0
Assets (Latest)
$7,267,993,000
Forward EPS
$4.60

Max Pain — expiry 2026-10-16 (volume-derived — Yahoo OI feed degraded)

max pain strike: $110.00 · spot: $108.18 · call volume: 61 · put volume: 119
Expected Move to 2026-10-16: ±$9.25 (8.55%) — implied range $98.93$117.43 · ATM straddle on $110.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
SF STIFEL FINANCIAL CORP $12.20B $80.80
SEIC SEI INVESTMENTS CO $13.29B $110.75
EVR Evercore Inc. $11.16B $290.11
FUTU Futu Holdings Ltd $11.09B $115.81
IVZ Invesco Ltd. $14.33B $32.45

News headlines (Yahoo Finance, 1h cache)

U.S. Treasury Yields Rise as Budget, Oil Price Fears Prevail
2026-08-21 08:07 · Yahoo
U.S. Treasury Yields Edge Higher, Stay Vulnerable
2026-08-25 08:13 · Yahoo
U.S. Treasury Yields Fall, Dollar Rises
2026-08-24 11:07 · Yahoo
Tradeweb Markets (TW) Faces A Valuation Split, Is It Below Fair Value?
2026-08-20 17:09 · Yahoo
U.S. Treasury Yields Rise as Buyback Increase Impact Fades
2026-08-20 10:04 · Yahoo
2 Cash-Producing Stocks Worth Investigating and 1 We Avoid
2026-08-16 12:45 · Yahoo
Dollar Falls as Rate-Hike Prospects Dim and Treasury Yields Rise With Oil Prices
2026-08-14 09:38 · Yahoo
The $30 trillion Treasury market is facing a painful reckoning. How rising yields could squeeze your portfolio.
2026-08-12 12:58 · Yahoo
Investors Demand Higher Yields as Competition for Funding Intensifies
2026-08-18 10:49 · Yahoo
Dollar, Treasury Yields Fall. Any Middle East Escalation Could Push Them Higher.
2026-08-17 09:16 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.