Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.
TW
HOLDTradeweb Markets Inc. · Financial Services · United States · $21.8B · Avg Vol: $154M/d
COMPANY DESCRIPTION
Tradeweb Markets Inc. operates leading electronic marketplaces for institutional fixed income, derivatives, and exchange-traded funds, connecting a broad network of market participants. Its competitive moat is built upon a powerful network effect, deep liquidity pools, and proprietary technology that offers efficient price discovery and trade execution across a wide range of asset classes. Tradeweb is a dominant player in the electronification of wholesale financial markets.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 1.3B | 1.7B | 2.1B | 20.0% | 2.2B | 2.3B | 2.6B | 12.8% |
| EPS | 1.50 | 1.73 | 2.35 | 3.81 | 36.4% | 4.05 | 4.46 | 5.05 | 15.1% |
| Shares | 207.7M | 212.0M | 212.9M | 212.4M | +2.3% | — | — | — | — |
| Debt | 27.9M | 27.5M | 35.7M | 139.2M | 70.8% | 142.8M | — | — | — |
| Equity | 5.0B | 5.4B | 5.8B | 6.5B | 9.5% | — | — | — | — |
| Op CF | 632.8M | 746.1M | 897.7M | 1.2B | 22.7% | 1.2B | — | — | — |
| Inv CF | -60.1M | -132.8M | -969.2M | -126.5M | — | — | — | — | — |
| Fin CF | -276.7M | -168.2M | -290.3M | -307.5M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of TW are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| TW | Tradeweb Markets Inc.(you) | $21.8B | 42 | HOLD |
| LPLA | LPL Financial Holdings Inc. | $26.3B | 34 | SELL |
| SF | Stifel Financial Corp. | $12.3B | 49 | HOLD |
| EVR | Evercore Inc. | $13.1B | 53 | HOLD |
| SNEX | StoneX Group Inc. | $8.8B | 39 | HOLD |
| PJT | PJT Partners Inc. | $6.9B | 42 | HOLD |
| HLI | Houlihan Lokey, Inc. | $9.7B | 32 | SELL |
| 0HF6.L | Ameriprise Financial, Inc. | $79.0B | 41 | HOLD |
| HUT.TO | Hut 8 Corp. | $12.9B | 24 | SELL |
| PIPR | Piper Sandler Companies | $5.1B | 40 | HOLD |
Peer medians: ROE 9.4% · P/E 13.9x · Gross margin 100.0%