Tradeweb Markets Inc. (TW) Stock

About Tradeweb Markets Inc.

Tradeweb Markets Inc. is led by CEO William E. Hult, employs 1,598 people, headquartered in New York City, US, publicly traded since 2019.

Tradeweb Markets Inc. (TW) stock trades at $122.57 with a market capitalization of $26.48B. The stock is valued at a price-to-earnings (P/E) ratio of 23.95, price-to-book of 3.22, price-to-sales of 9.71. Over the past 52 weeks the stock has ranged between $91.42 and $127.69, and currently trades 4.0% below its 52-week high. It pays a dividend yielding 0.56%.

On profitability, Tradeweb Markets Inc. generates a return on equity (ROE) of 13.78%, return on capital employed of 12.39%, an operating margin of 46.45%, a net profit margin of 40.66%.

In its most recent fiscal year, Tradeweb Markets Inc. reported annual revenue of $2.1B, net profit of $813.0M. Over the last 5 fiscal years, revenue grew at an average annual rate of 18.1%, and net profit grew at an average annual rate of 37.4%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 0.02 (debt below half of shareholders' equity), a current ratio of 5.93, total assets of $8.2B, $2.1B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

TW has an average daily trading volume of 1,457,275 shares, a beta of 0.63 (historically less volatile than the overall market).

Tradeweb Markets Inc. by the numbers, 2016–2025

Between 2016 and 2025 Tradeweb Markets Inc. reported revenue of $492.0M rising to $2.1B, a change of +317.1% across 10 years. Compounded, revenue has grown 18.1% a year over five years, 19.9% over three, 18.9% over the last twelve months. Net profit rose to $813.0M.

Operating margin went from 18.9% in 2016 to 41.2% in 2025, a gain of 22.3 percentage points. The most recent net margin is 40.66%. On a trailing twelve-month basis to Jun '26, revenue is $2.2B and net profit $897.0M.

Borrowings rose from $29.0M to $278.0M, cash from operations was $1.2B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 7.8% over five years, and was 12.5% in the most recent year.

The share price itself has compounded at 6.2% a year over five years, 14.9% over three, -22.5% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Tradeweb Markets Inc. (TW) — frequently asked questions