Accessibility Menu
Tradeweb Markets logo

Tradeweb Markets(NASDAQ) TW

Market Cap$21.65BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2019)+198%
5 Year+18%
1 Year-25%
1 Month+3%
$102.60
-0.70%
-0.72Today
After hours$102.69+$0.09 (+0.09%)
Tradeweb Markets last closing stock price
MetricPriceDate
Last closeUSD 102.622026-08-07
Tradeweb Markets stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+2.11%USD 100.502026-07-31
1 month+2.77%USD 99.852026-07-08
3 month-5.56%USD 108.662026-05-08
Year to date-4.33%USD 107.272025-12-31
1 year-25.46%USD 137.662025-08-07
3 year+26.89%USD 80.872023-08-08
5 year+17.88%USD 87.062021-08-06
Since inception+198.48%USD 34.612019-04-04

Tradeweb Markets Financials at a Glance

Market Cap

$21.65BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$2.21B

Net Income (TTM)

$897.23M

EPS (TTM)

$4.19

P/E Ratio

24.50

Dividend

$0.52

Beta (Volatility)

0.59 (Low)

Price

$102.60

Volume

877,120.089

Open

$102.64

Previous Close

$102.62

Daily Range

$102.46 - $103.46

52-Week Range

$91.42 - $136.94

Estimated Earnings Date

Oct 29, 2026

TW News

A grid of digital stock charts showing fluctuating market prices over time getty

Robinhood Soared by 186% in 2025, but Here's Another Financial Stock to Buy in 2026

Courtney CarlsenJan 23, 2026
Computer trading getty

Why Tradeweb's Future Looks Bright

Dan CaplingerJan 19, 2026
Electronic markets 2 getty

How Electronic Trading Has Made Tradeweb a Lot of Money

Dan CaplingerJan 18, 2026
Electronic trading getty

You've Never Heard of This Fintech Stock -- But You Will

Dan CaplingerJan 17, 2026
Foolcom-Featured.png

Tradeweb (TW) Q2 EPS Jumps 24%

Motley Fool Markets TeamJul 31, 2025
Older person sitting at a desk featuring a laptop

Why Tradeweb Markets Stock Rocketed Nearly 5% Higher Today

Eric VolkmanOct 4, 2024
person reviews stock information with charts

3 No-Brainer Growth Stocks to Buy With $1,000 Right Now

Courtney CarlsenMay 21, 2024
bearded person at desk by computer taking notes

New to Capital Markets? Here's Why I Would Buy Tradeweb Markets Stock First.

Courtney CarlsenOct 31, 2023
Page 1

TW: Motley Fool Moneyball Superscore

87

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Tradeweb Markets

Tradeweb helps banks, asset managers, and companies buy and sell bonds and other securities online. Its platforms make trading faster, more transparent, and less costly for financial professionals. For example, a pension fund can compare prices and complete trades in seconds instead of hours.

Products and Services

  • Rates Trading (52.4%): Online trading of government bonds, mortgage-backed securities, and interest rate swaps for institutional clients.
  • Credit Trading (26.6%): Electronic markets for corporate bonds, municipal bonds, and credit derivatives, serving asset managers and banks.
  • Equities (6.0%): Trading of exchange-traded funds (ETFs) and equity derivatives for global investors.
  • Money Markets (6.7%): Platforms for short-term investments like repurchase agreements and commercial paper, used by corporate treasuries and banks.
  • Market Data (6.8%): Subscription-based access to pricing, analytics, and reporting tools for financial institutions.

Growth and Expansion

  • Acquired Yieldbroker in 2023, r8fin in January 2024, and ICD in August 2024 to expand product offerings and client base.
  • Formed partnerships with LSEG, FTSE Russell, and BlackRock for data, pricing, and technology integration.
  • Launched new trading protocols and data products, including portfolio trading and U.S. Treasury closing prices, between 2023 and 2024.
  • Opened offices in Dubai, Sao Paulo, Mumbai, and Milan since 2023, and obtained a regulatory license in Saudi Arabia.
  • Invested in digital asset and blockchain projects with partners like Goldman Sachs and Alphaledger since 2023.

What Makes Tradeweb Stand Out

Tradeweb connects over 3,000 clients in 85 countries, offering access to deep pools of liquidity. Its proprietary technology supports multiple asset classes and trading methods, integrating with client systems for efficient processing. The company’s data and analytics tools help clients make informed decisions and meet regulatory requirements.

Five Things You Need to Know

  • Revenue was $509 million in Q3 2025, up 13.3% from Q3 2024.
  • Operating income reached $210 million in Q3 2025, up 32.0% year-over-year.
  • Net income was $186 million in Q3 2025, up 63.0% from Q3 2024.
  • Cash flow from operations was $342 million in Q3 2025, up 17.2% year-over-year.

Bottom Line

Tradeweb has grown by expanding its product range, acquiring new businesses, and entering global markets. Its technology-driven approach and broad client network support its position in electronic trading.

AI Generated • Apr 16, 2026

Industry

Capital Markets

Sector

Financials

Employees

1,613

CEO

William Hult

Website

www.tradeweb.com

Headquarters

New York City, NY 10036, US

TW Financials

Key Financial Metrics (TTM)

Gross Margin

68.14%

Operating Margin

44.13%

Net Income Margin

40.66%

Return on Equity

13.78%

Return on Capital

12.45%

Return on Assets

10.87%

Earnings Yield

4.08%

Dividend Yield

0.51%

Payout Ratio

12.33%

Stock Overview

Market Cap

$21.65BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

210.97M

Volume

877.12K

Avg. Volume

1.80M

Financials (TTM)

Gross Profit

$1.50B

Operating Income

$973.69M

EBITDA

$1.52B

Operating Cash Flow

$1.14B

Capital Expenditure

-$84.15M

Free Cash Flow

$1.05B

Cash & ST Invst.

$2.06B

Total Debt

$150.34M

Tradeweb Markets Performance Analysis

Tradeweb Markets annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,188,781,00010.4%
20232023-12-31USD 1,338,219,00012.6%
20242024-12-31USD 1,725,949,00029.0%
20252025-12-31USD 2,052,429,00018.9%
Tradeweb Markets sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-0.9%
Q42025-12-312.5%
Q12026-03-3118.5%
Q22026-06-30-9.5%
Tradeweb Markets annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 1.4835.5%
20232023-12-31USD 1.7115.5%
20242024-12-31USD 2.3336.1%
20252025-12-31USD 3.7862.1%
Tradeweb Markets sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3021.1%
Q42025-12-3175.6%
Q12026-03-31-36.4%
Q22026-06-30-11.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$558.95M

+9.0%

Gross Profit

$378.11M

+10.1%

Gross Margin

67.65%

N/A

Market Cap

$21.65BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$13.55M

N/A

Employees

1,598

N/A

Net Income

$181.32M

+17.9%

EBITDA

$299.47M

+3.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$2.06B

+26.2%

Total Debt

$150.34M

+365.1%

Accounts Receivable

$309.37M

-61.7%

Inventory

$0.00

N/A

Long Term Debt

$150.34M

+365.1%

Short Term Debt

$0.00

N/A

Return on Assets

10.87%

N/A

Return on Invested Capital

12.39%

N/A

Free Cash Flow

$328.21M

-18.7%

Operating Cash Flow

$336.55M

-17.8%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
TROWT. Rowe Price Group, Inc.
$114.02+0.35%
FCNCAFirst Citizens BancShares, Inc.
$2,218.49-0.85%
RFRegions Financial Corporation
$31.43+0.13%
FUTUFutu Holdings Limited
$109.02+4.31%

Trending Stocks

Symbol / CompanyPricePrice Chg
SPCXSpace Exploration Technologies
$133.11+0.16%
TTDThe Trade Desk
$13.80-0.22%
NVDANvidia
$223.96+0.02%
TLTiShares Trust - iShares 20+ Year Treasury Bond ETF
$82.76+0.00%

Questions About TW

What is the current price of Tradeweb Markets?

Tradeweb Markets is trading at $102.62 per share.

What is the 52-week range for Tradeweb Markets?

Over the past 52 weeks, Tradeweb Markets has traded between $91.42 and $136.94.

How much debt does Tradeweb Markets have?

As of the most recent reporting period, Tradeweb Markets reported total debt of $150.34M.

How much cash does Tradeweb Markets have on hand?

Tradeweb Markets reported $2.06B in cash and cash equivalents in its most recent financial results.

What is Tradeweb Markets’s dividend yield?

Tradeweb Markets currently has a dividend yield of 0.51%.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services