Tradeweb Markets Inc. (TW)
NASDAQ: TW · Real-Time Price · USD
106.62
+3.32 (3.21%)
Aug 20, 2026, 2:50 PM EDT - Market open

Tradeweb Markets Statistics

Total Valuation

TW has a market cap or net worth of $24.95 billion. The enterprise value is $23.04 billion.

Market Cap24.95B
Enterprise Value 23.04B

Important Dates

The last earnings date was Thursday, July 30, 2026, before market open.

Earnings Date Jul 30, 2026
Ex-Dividend Date Sep 1, 2026

Share Statistics

TW has 234.03 million shares outstanding. The number of shares has decreased by -0.49% in one year.

Current Share Class 114.04M
Shares Outstanding 234.03M
Shares Change (YoY) -0.49%
Shares Change (QoQ) -0.25%
Owned by Insiders (%) 0.11%
Owned by Institutions (%) 56.74%
Float 113.75M

Valuation Ratios

The trailing PE ratio is 25.40 and the forward PE ratio is 24.80. TW's PEG ratio is 1.59.

PE Ratio 25.40
Forward PE 24.80
PS Ratio 10.97
Forward PS 9.75
PB Ratio 3.29
P/TBV Ratio 11.34
P/FCF Ratio 21.12
P/OCF Ratio 20.21
PEG Ratio 1.59
Financial Ratio History

Enterprise Valuation

EV / Earnings 24.83
EV / Sales 10.10
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 19.45

Financial Position

The company has a current ratio of 6.79, with a Debt / Equity ratio of 0.02.

Current Ratio 6.79
Quick Ratio 6.06
Debt / Equity 0.02
Debt / EBITDA n/a
Debt / FCF 0.13
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 14.47% and return on invested capital (ROIC) is 10.08%.

Return on Equity (ROE) 14.47%
Return on Assets (ROA) 12.48%
Return on Invested Capital (ROIC) 10.08%
Return on Capital Employed (ROCE) n/a
Weighted Average Cost of Capital (WACC) 7.60%
Revenue Per Employee $1.40M
Profits Per Employee $571,511
Employee Count1,569
Asset Turnover 0.27
Inventory Turnover n/a

Taxes

In the past 12 months, TW has paid $281.91 million in taxes.

Income Tax 281.91M
Effective Tax Rate 21.69%

Stock Price Statistics

The stock price has decreased by -17.08% in the last 52 weeks. The beta is 0.62, so TW's price volatility has been lower than the market average.

Beta (5Y) 0.62
52-Week Price Change -17.08%
50-Day Moving Average 100.81
200-Day Moving Average 108.83
Relative Strength Index (RSI) 57.42
Average Volume (20 Days) 1,615,455

Short Selling Information

The latest short interest is 3.90 million, so 1.67% of the outstanding shares have been sold short.

Short Interest 3.90M
Short Previous Month 4.23M
Short % of Shares Out 1.67%
Short % of Float 3.43%
Short Ratio (days to cover) 2.14

Income Statement

In the last 12 months, TW had revenue of $2.20 billion and earned $896.70 million in profits. Earnings per share was $4.19.

Revenue2.20B
Gross Profit 2.05B
Operating Income 961.85M
Pretax Income 1.30B
Net Income 896.70M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $4.19
Full Income Statement

Balance Sheet

The company has $2.06 billion in cash and $150.34 million in debt, with a net cash position of $1.91 billion or $8.15 per share.

Cash & Cash Equivalents 2.06B
Total Debt 150.34M
Net Cash 1.91B
Net Cash Per Share $8.15
Equity (Book Value) 7.34B
Book Value Per Share 31.43
Working Capital 2.28B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.20 billion and capital expenditures -$51.37 million, giving a free cash flow of $1.14 billion.

Operating Cash Flow 1.20B
Capital Expenditures -51.37M
Depreciation & Amortization n/a
Net Borrowing n/a
Free Cash Flow 1.14B
FCF Per Share $4.89
Full Cash Flow Statement

Margins

Gross margin is 93.15%, with operating and profit margins of 43.63% and 40.70%.

Gross Margin 93.15%
Operating Margin 43.63%
Pretax Margin 58.95%
Profit Margin 40.70%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin 51.93%

Dividends & Yields

This stock pays an annual dividend of $0.56, which amounts to a dividend yield of 0.53%.

Dividend Per Share $0.56
Dividend Yield 0.53%
Dividend Growth (YoY) 17.39%
Years of Dividend Growth 3
Payout Ratio 12.88%
Buyback Yield 0.49%
Shareholder Yield 1.03%
Earnings Yield 3.71%
FCF Yield 4.74%
Dividend Details

Analyst Forecast

The average price target for TW is $123.86, which is 16.17% higher than the current price. The consensus rating is "Buy".

Price Target $123.86
Price Target Difference 16.17%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (3Y) 11.79%
EPS Growth Forecast (3Y) 14.48%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6