Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.
TW
SellFallen FavouriteTradeweb Markets Inc. · Financial Services · United States · $23.5B · Avg Vol: $152M/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 | 12.9% |
| EPS | 1.50 | 1.73 | 2.35 | 3.81 | 36.4% | 4.19 | 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% | 150.3M | — | — | — |
| 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) | $23.5B | 32 | Sell |
| LPLA | LPL Financial Holdings Inc. | $29.2B | 47 | Hold |
| EVR | Evercore Inc. | $11.2B | 37 | Hold |
| GLXY | Galaxy Digital | $13.7B | 21 | Sell |
| HLI | Houlihan Lokey, Inc. | $9.3B | 28 | Sell |
| FIGR | Figure Technology Solutions, Inc. | $8.1B | 34 | Sell |
| CRCL | Circle Internet Group | $23.8B | 7 | Strong Sell |
| BMNR | Bitmine Immersion Technologies, Inc. | $14.4B | 14 | Strong Sell |
| JEF | Jefferies Financial Group Inc. | $10.8B | 45 | Hold |
| MKTX | MarketAxess Holdings Inc. | $5.7B | 31 | Sell |
Peer medians: ROE 9.5% · P/E 13.1x · Gross margin 100.0%