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Financial Services - Financial - Capital Markets - NASDAQ - US
$ 132.7
-3.66 %
$ 31.4 B
Market Cap
55.8
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TW stock under the worst case scenario is HIDDEN Compared to the current market price of 133 USD, Tradeweb Markets Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TW stock under the base case scenario is HIDDEN Compared to the current market price of 133 USD, Tradeweb Markets Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TW stock under the best case scenario is HIDDEN Compared to the current market price of 133 USD, Tradeweb Markets Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TW

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$150.0$150.0$145.0$145.0$140.0$140.0$135.0$135.0$130.0$130.0$125.0$125.0$120.0$120.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
1.73 B REVENUE
28.97%
678 M OPERATING INCOME
34.19%
570 M NET INCOME
35.87%
898 M OPERATING CASH FLOW
20.33%
-969 M INVESTING CASH FLOW
-630.00%
-290 M FINANCING CASH FLOW
-72.60%
463 M REVENUE
3.21%
189 M OPERATING INCOME
18.34%
160 M NET INCOME
22.82%
282 M OPERATING CASH FLOW
-3.46%
-46.3 M INVESTING CASH FLOW
94.13%
-60.3 M FINANCING CASH FLOW
-9.65%
Balance Sheet Tradeweb Markets Inc.
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Current Assets 1.56 B
Cash & Short-Term Investments 1.34 B
Receivables 222 M
Other Current Assets 0
Non-Current Assets 5.12 B
Long-Term Investments 0
PP&E 33.6 M
Other Non-Current Assets 5.09 B
20.05 %3.32 %76.13 %Total Assets$6.7b
Current Liabilities 568 M
Accounts Payable 163 M
Short-Term Debt 0
Other Current Liabilities 404 M
Non-Current Liabilities 302 M
Long-Term Debt 35.7 M
Other Non-Current Liabilities 266 M
18.77 %46.53 %4.11 %30.59 %Total Liabilities$869.1m
EFFICIENCY
Earnings Waterfall Tradeweb Markets Inc.
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Revenue 1.73 B
Cost Of Revenue 613 M
Gross Profit 1.11 B
Operating Expenses 116 M
Operating Income 678 M
Other Expenses 108 M
Net Income 570 M
2b2b2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m002b(613m)1b(116m)678m(108m)570mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
64.49% GROSS MARGIN
64.49%
39.28% OPERATING MARGIN
39.28%
29.06% NET MARGIN
29.06%
8.65% ROE
8.65%
6.90% ROA
6.90%
8.37% ROIC
8.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tradeweb Markets Inc.
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900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 570 M
Depreciation & Amortization 220 M
Capital Expenditures -41 M
Stock-Based Compensation 89.6 M
Change in Working Capital 0
Others -14.2 M
Free Cash Flow 857 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tradeweb Markets Inc.
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Wall Street analysts predict an average 1-year price target for TW of $135 , with forecasts ranging from a low of $108 to a high of $154 .
TW Lowest Price Target Wall Street Target
108 USD -18.61%
TW Average Price Target Wall Street Target
135 USD 2.02%
TW Highest Price Target Wall Street Target
154 USD 16.05%
Price
Max Price Target
Min Price Target
Average Price Target
160160150150140140130130120120110110100100Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.08% DIVIDEND YIELD
0.12 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.450.450.400.400.350.350.300.300.250.250.200.200.150.150.100.100.050.050.000.000.080.080.080.090.10.120.080.080.080.080.090.10.080.080.080.080.090.10.080.320.080.320.080.320.080.330.090.370.10.420.0020192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 10
6. Ownership
Insider Ownership Tradeweb Markets Inc.
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Sold
0-3 MONTHS
3.56 M USD 5
3-6 MONTHS
10.2 M USD 6
6-9 MONTHS
462 K USD 2
9-12 MONTHS
18.3 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
BGC or TW: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Financial - Investment Bank sector might want to consider either BGC Group (BGC) or Tradeweb Markets (TW). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 1 week ago
Tradeweb Exchange-Traded Funds Update - March 2025 Trading activity on the Tradeweb European ETF marketplace amounted to an all-time record of EUR 82 billion in March. Equities remained the most actively-traded ETF asset class, comprising 69% of overall platform flow, with "buys" mirroring "sells". In contrast, fixed income and commodity products saw net selling by two and eight percentage points, respectively. Total consolidated U.S. ETF notional value traded in March reached USD 89 billion. seekingalpha.com - 3 weeks ago
Tradeweb Announces Date for First Quarter 2025 Financial Results NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, will release financial results for the first quarter of 2025 on Wednesday, April 30, 2025, at approximately 7:00 AM EDT. In addition, Tradeweb will host a conference call for investors. WHO: Billy Hult, CEO   Sara Furber, CFO   Sameer Murukutla, Managing Director, Global Investor Relations     WHAT: A discussion of financial results. businesswire.com - 3 weeks ago
Tradeweb Launches Portfolio Trading for European Government Bonds LONDON--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has introduced electronic portfolio trading for European government bonds, spanning UK Gilts, EUR and single currency notes. Tradeweb was also the first platform to launch portfolio trading for corporate bonds in 2019. Last year, the firm saw USD 698 billion in global portfolio trading notional volume across 9,134 tr. businesswire.com - 3 weeks ago
Tradeweb Reports Record March 2025 Total Trading Volume of $59.6 Trillion and Record Average Daily Volume of $2.71 Trillion NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported record total trading volume for the month of March 2025 of $59.6 trillion (tn)1. Average daily volume (ADV) for the month was a record $2.71tn, an increase of 49.9 percent (%) year-over-year (YoY). For the first quarter of 2025, total trading volume was a record $164.5tn and ADV was a record $2.55tn, an increase of 33. businesswire.com - 4 weeks ago
BGC vs. TW: Which Stock Is the Better Value Option? Investors looking for stocks in the Financial - Investment Bank sector might want to consider either BGC Group (BGC) or Tradeweb Markets (TW). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 4 weeks ago
Tradeweb, Nasdaq, Virtu, ICE, BGC Group, Cboe Set To Benefit From IPO Comeback: Analyst Macro uncertainty has delayed the timeline for an IPO comeback, but there remains substantial pent-up supply for equity issuance. benzinga.com - 4 weeks ago
This Tradeweb Markets Analyst Remains Bullish About Organic Growth, Raises Forecast Tradeweb Markets Inc's TW industry leading organic growth is likely to continue, despite tough comps, according to Goldman Sachs. benzinga.com - 1 month ago
3 Brilliant Stocks to Buy With $1,000 and Hold Forever Investing in the stock market is a wise decision that, with enough discipline and patience, can lead to riches and financial freedom. fool.com - 1 month ago
Big Money Likes Being Caught in the Tradeweb Record revenue growth sends shares of Tradeweb Markets, Inc. (TW) higher. fxempire.com - 1 month ago
Tradeweb Exchange-Traded Funds Update - February 2025 Trading activity on the Tradeweb European ETF marketplace amounted to EUR 70.3 billion in February, the platform's third best-performing month on record. In February, European equity- and fixed income-based products continued last month's overall net buying. Total consolidated U.S. ETF notional value traded in February reached USD 68.5 billion. seekingalpha.com - 1 month ago
Tradeweb Held Up In Market Correction, Until It Didn't As a market correction worsens, you'll find even the strong can't survive. So how do you protect yourself? investors.com - 1 month ago
8. Profile Summary

Tradeweb Markets Inc. TW

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COUNTRY US
INDUSTRY Financial - Capital Markets
MARKET CAP $ 31.4 B
Dividend Yield 0.08%
Description Tradeweb Markets Inc. builds and operates electronic marketplaces in the Americas, Europe, the Middle East, Africa, Asia Pacific, and internationally. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors in 45 markets across 25 currencies. It also offers a range of electronic, voice, and hybrid platforms to approximately 300 dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory firms and traders with Tradeweb Direct platform. The company serves a network of approximately 2,500 clients in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, and regional dealers. Tradeweb Markets Inc. was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. is a subsidiary of Refinitiv Parent Limited.
Contact 1177 Avenue of the Americas, New York, NY, 10036 https://www.tradeweb.com
IPO Date April 4, 2019
Employees 1412
Officers Mr. Enrico Bruni Managing Director & Co-Head of Global Markets Mr. Justin Peterson Ph.D. Chief Technology Officer Ms. Sara Hassan Furber Chief Financial Officer Fred Strobel MD & Global Head of Human Resources Mr. William E. Hult Chief Executive Officer & Director Mr. Troy Dixon Managing Director & Co-Head of Global Markets Ms. Amy Clack Chief Administrative Officer Li Renn Tsai MD and Head of Product & Sales Mr. Douglas Friedman J.D. General Counsel & Secretary Ms. Devi Shanmugham Global Head of Compliance