Tradeweb Markets Inc. Class A Common Stock (TW) Stock Analysis
P/E 24.82×· 5Y range 22.44–90.57×· bottom 3% of history
Sector: Financial Services · Industry: Security & Commodity Brokers, Dealers, Exchanges & Services
AnalystsBuy24 analystsStrengths
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Altman Z 13.6 — safe-zone balance sheet
- ✓Revenue CAGR 17.5% — durable top-line growth
- ✓Interest coverage 232.3× — debt well covered
- ✓P/E 24.8× at bottom 3% of 5-year history
What's happening with TW
Price History
5-Year Weekly Candlestick Chart
Profile
Strong financial health, earnings quality, growth and profitability.
How is each axis scored?
- Valuation67/100 · Moderate
- P/E vs own history (3th pct)25/25
- FCF yield (5.4%)20/25
- P/S (9.9x)12/25
- EV/EBIT (n/a)10/25
- Growth82/100 · Strong
- Revenue CAGR (17.5%)20/25
- Net income CAGR (37.6%)25/25
- EPS CAGR 5Y (36.3%)25/25
- Fwd implied growth (10.6%)12/25
- Profitability82/100 · Strong
- ROIC (15.5%)20/25
- ROE (13.1%)12/25
- Net margin (40.3%)25/25
- Operating margin (42.5%)25/25
- Financial Health100/100 · Strong
- Altman Z (13.61)25/25
- Current ratio (4.12)25/25
- Interest coverage (232.3x)25/25
- Net cash / debt (Net cash)25/25
- Quality92/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-2.53)25/25
- FCF conversion (134%)25/25
- Margin stability (σ 5.7%)20/25
About Tradeweb Markets Inc. Class A Common Stock
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. Show more
While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
Headquarters: NEW YORK, NY · Employees: 1,569 · Website ↗
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
Valuation
67BP/E (TTM)24.8xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 22.4x–90.6x · 3rd pct
P/FCF22.0xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.4%A
Grade A: ValueTTM FCF / Market Cap — vs own 5Y history: 2.4%–6.0% · 98th pct
P/S (TTM)9.88xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 9.0x–20.4x · 4th pct
EV/EBITDA17.8xB
Grade B: FairEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales9.8xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E22.5xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.22xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.66B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.47%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio12.6%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
82AROIC15.5%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE13.1%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA11.0%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin40.3%A
Grade A: HighNet Income / Revenue
Operating Margin42.5%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin42.5%C
Grade C: AverageGross Profit / Revenue
FCF Margin53.8%A
Grade A: HighFCF / Revenue
True FCF Margin48.9%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
82ARevenue CAGR17.5%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR37.6%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)36.3%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth10.6%B
Grade B: LowImplied 1Y EPS growth from forward P/E vs our TTM EPS. Sparse — only where forward estimates exist
Dilution (5Y)+4.0%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income12.2%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue4.9%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
100A+Altman Z-Score13.61A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio4.12xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio4.12xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage232.3xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
92A+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.53A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion133.7%A
Grade A: StrongFCF / Net Income
Margin Stability5.7%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue2.2%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.25xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Per Share, Balance Sheet, MarketHide additional metrics
Per Share
EPS (TTM)$4.08
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$9.10
Cash & short-term investments per share (Finnhub)
Book Value / Share$27.63
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$1.94B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$6.62B
Shareholders' equity (book value)
Asset / Liability8.41xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$21.35B
Current Market Capitalization
Beta0.59B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
Takeaway
Company is effectively debt-free after netting cash. · Current P/E of 24.8x sits at the 3rd percentile of its historical range.
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Mar 2026 · Ratio snapshot Sep 27, 2026
Key Insights: Tradeweb Markets Inc. Class A Common Stock (TW)
Tradeweb Markets Inc. Class A Common Stock meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 13.61 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.53 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 18% annually, with net income growing about 38% per year — a strong growth profile.
- Tradeweb Markets Inc. Class A Common Stock converts about 54% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
Insider Transactions
Recent SEC Form 4 filings · 8 records
| Transaction date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Dixon Troy Filed | Dixon Troy | SellOpen market sale | -2584 | |
Dixon Troy Filed | Dixon Troy | SellOpen market sale | -546 | |
Peterson Justin Filed | Peterson Justin | SellOpen market sale | -21221 | |
BERNS STEVEN Filed | BERNS STEVEN | SellOpen market sale | -425 | |
Yared Rana Filed | Yared Rana | BuyGrant / award | +1.6K |
Show 3 more filingsShow fewer filings
| Transaction date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Ganeles Scott Filed | Ganeles Scott | BuyGrant / award | +1.6K | |
Opoku Lisa Filed | Opoku Lisa | BuyGrant / award | +1.6K | |
Repetto Richard H Filed | Repetto Richard H | BuyGrant / award | +1.6K |
See how TW ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all TW moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 22 | Regular | 99.65 | -4.60% | -2.96 |
| Sep 22 | After-hours | 99.49 | -4.75% | -3.06 |
Frequently Asked Questions about TW
What is the current Tradeweb Markets Inc. Class A Common Stock (TW) stock price?
TW is trading at $101.19 at the last market close, up 0.06% on the session. PreMarketPrice tracks TW pre-market, intraday and after-hours prices.
Is TW stock a buy right now?
PreMarketPrice's quantitative model rates Tradeweb Markets Inc. Class A Common Stock's financial health at 100/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is TW stock overvalued?
Tradeweb Markets Inc. Class A Common Stock trades at a trailing P/E of 24.8 and our valuation score rates it 67/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Tradeweb Markets Inc. Class A Common Stock report earnings?
No confirmed earnings date is currently scheduled for TW. The Earnings section lists recent reports and updates as dates are announced.
What sector does Tradeweb Markets Inc. Class A Common Stock operate in?
Tradeweb Markets Inc. Class A Common Stock operates in the Financial Services sector, within the Security & Commodity Brokers, Dealers, Exchanges & Services industry. The Related Stocks section lists sector peers for comparison.
What does Tradeweb Markets Inc. Class A Common Stock do?
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform.
About Tradeweb Markets Inc. Class A Common Stock (TW) Stock
Tradeweb Markets Inc. Class A Common Stock (TW) is a US-listed stock operating in the Financial Services sector, specifically the Security & Commodity Brokers, Dealers, Exchanges & Services industry. As of the latest update, Tradeweb Markets Inc. Class A Common Stock is trading at $101.19, up 0.06% on the day with a market capitalization of $21.4 billion. The financial health score for TW is 100/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for TW stock.
TW Stock Analysis & Key Metrics
On PreMarketPrice, you can track Tradeweb Markets Inc. Class A Common Stock (TW) across multiple dimensions:
- Pre-market price & movement: Real-time TW stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for TW with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Tradeweb Markets Inc. Class A Common Stock across multiple reporting periods.
- Financial health score: A composite score of 100/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for TW.
- Sector peers: Compare TW against 10 other financial services stocks on key financial metrics.
Is TW a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Tradeweb Markets Inc. Class A Common Stock (TW) as an investment. The financial health score of 100/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Tradeweb Markets Inc. Class A Common Stock (TW) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.