Tradeweb Markets Inc. TW
Financial - Capital Markets, Financial Services
$107.40
−0.13%
- Market cap
- $25.1B
- PE
- 25.7×
- 10y median 58.5×
- Forward PE
- Revenue, 12 months
- $2.2B
- +14% on a year ago
- Net margin
- 40.7%
Tradeweb Markets trades at 25.7× trailing earnings, cheaper than 95% of the last ten years. Revenue was $2.2B over the last twelve months, up 14% on a year earlier with a 41% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $370M | $408.7M | $405M | $448.9M | $463.3M+25% | $509.7M+25% | $513M+27% | $508.6M+13% | $521.2M+13% | $617.8M+21% | $558.9M+9% | |
| R&D | $0 | $0 | $0 | $0 | $0 | $0 | $22.6M | $0 | $0 | $0 | $0 |
| SG&A | $55M | $48.6M | $55.3M | $191M | $59.7M+9% | $66M+36% | $80.4M+45% | $68.9M−64% | $80.8M+35% | $72M+9% | $71.4M−11% |
| $141.6M | $167.7M | $162.5M | $159.3M | $188.5M+33% | $204.1M+22% | $199.9M+23% | $210.4M+32% | $221M+17% | $287.3M+41% | $245.3M+23% | |
| Interest expense | $0 | $1.7M | $542K | $1.4M | $573K | $587K−66% | $429K−21% | $522K−64% | $403K−30% | $624K+6% | −$505K |
| Pre-tax income | $141.3M | $187M | $183.5M | $173.7M | $210.2M+49% | $221.6M+19% | $227.1M+24% | $269.6M+55% | $456.7M+117% | $302.9M+37% | $270.2M+19% |
| $37.6M | $43.6M | $47M | $43.5M | $50.3M+34% | $53.3M+22% | $51.5M+10% | $59.1M+36% | $89.6M+78% | $69.8M+31% | $63.5M+23% | |
| Net income | $89.3M | $126.1M | $119.2M | $113.9M | $142.2M+59% | $148.4M+18% | $153.8M+29% | $185.6M+63% | $325M+129% | $205.3M+38% | $181.3M+18% |
| $0.42 | $0.59 | $0.55 | $0.53 | $0.66+57% | $0.69+17% | $0.71+29% | $0.86+62% | $1.51+129% | $0.96+39% | $0.85+20% | |
| 213.8M | 214.7M | 214.9M | 215.1M | 214.9M+1% | 214.9M+0% | 215M+0% | 215M−0% | 214.7M−0% | 213.3M−1% | 212.8M−1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Financial - Capital Markets within ten times Tradeweb Markets's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| TWTradeweb Markets Inc. | $25.1B | 25.7× | 58.5× | — | +14% | 40.7% | |
| LPLALPL Financial Holdings Inc. | $25.6B | 25.9× | 20.9× | — | +39% | 5.1% | |
| CRCLCircle Internet Group | $20.5B | 51.2× | 2220× | — | +37% | 15.5% | |
| HOODRobinhood Markets, Inc. | $98.5B | 48.2× | 52.2× | — | +38% | 42.0% | |
| SCHWThe Charles Schwab Corporation | $165.3B | 17.4× | 25.0× | — | +20% | 38.8% | |
| Peer median | $62B | 37.1× | 38.6× | — | +38% | 27.2% |
About
- Industry
- Financial - Capital Markets
- Sector
- Financial Services
- Left out
- Brokers and investment banks earn on their balance sheet: P/S, gross margin, free cash flow and EV/EBIT don't describe them.
Valuation data, not investment advice. Prices as of .