TW - Tradeweb Markets Inc Stock Price, Fair Value and News

110.78USD+0.40 (+0.36%)Delayed as of 08 May 2024, 02:49 pm ET

Market Summary

USD110.78+0.40

Delayedas of 08 May 2024, 02:49 pm

0.36%

TW Alerts

Big jump in Earnings (Y/Y)

TW Stock Price

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TW RSI Chart

TW Valuation

Market Cap

23.5B

Price/Earnings (Trailing)

57.33

Price/Sales (Trailing)

16.56

EV/EBITDA

25.83

Price/Free Cashflow

33.79

TW Price/Sales (Trailing)

TW Profitability

EBT Margin

42.29%

Return on Equity

6.62%

Return on Assets

5.44%

Free Cashflow Yield

2.96%

TW Fundamentals

TW Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

24.14%

Rev. Growth (Qtr)

10.47%

TW Earnings

Earnings (TTM)

409.6M

Earnings Growth (Yr)

43.58%

Earnings Growth (Qtr)

52.19%

Breaking Down TW Revenue

52 Week Range

64.83111.28

(Low)(High)

Last 7 days

8.5%

Last 30 days

7.8%

Last 90 days

11.0%

Trailing 12 Months

52.4%

How does TW drawdown profile look like?

TW Financial Health

TW Investor Care

Dividend Yield

0.33%

Shares Dilution (1Y)

2.21%

Diluted EPS (TTM)

1.88

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.4B	0	0	0
2023	1.2B	1.2B	1.3B	1.3B
2022	1.1B	1.2B	1.2B	1.2B
2021	931.5M	980.2M	1.0B	1.1B
2020	823.4M	845.0M	856.9M	892.7M
2019	684.9M	723.7M	756.9M	775.6M
2018	542.7M	581.0M	619.3M	657.6M
2017	0	0	0	504.4M
2016	0	0	0	492.2M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Tradeweb Markets Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	furber sara	acquired	-	-	20.00	chief financial officer
Apr 01, 2024	furber sara	sold (taxes)	-261,542	103	-2,526	chief financial officer
Mar 25, 2024	peterson justin	sold	-525,497	104	-5,013	chief technology officer
Mar 20, 2024	friedman douglas	sold	-301,872	103	-2,922	general counsel and secretary
Mar 18, 2024	furber sara	sold (taxes)	-572,879	103	-5,518	chief financial officer
Mar 18, 2024	pluta thomas	sold (taxes)	-564,054	103	-5,433	president
Mar 18, 2024	zucker scott	sold (taxes)	-272,631	103	-2,626	chief admin. and risk officer
Mar 18, 2024	peterson justin	acquired	-	-	70.00	chief technology officer
Mar 18, 2024	pluta thomas	acquired	-	-	35.00	president
Mar 18, 2024	furber sara	acquired	-	-	52.00	chief financial officer

Which funds bought or sold TW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Metis Global Partners, LLC	new	-	204,069	204,069	0.01%
May 06, 2024	Sciencast Management LP	sold off	-100	-569,181	-	-%
May 06, 2024	Candriam S.C.A.	added	9.02	244,355	1,223,270	0.01%
May 06, 2024	NewEdge Wealth, LLC	new	-	212,688	212,688	-%
May 06, 2024	Quantbot Technologies LP	added	4.77	426,210	2,547,890	0.14%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-41,350	-	-%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	added	203	549,240	771,249	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	122	3,273,000	5,387,000	0.03%
May 06, 2024	WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD	reduced	-8.97	733,809	17,649,900	4.56%
May 06, 2024	Empowered Funds, LLC	sold off	-100	-2,944,150	-	-%

Are Funds Buying or Selling TW?

Are funds buying TW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TW

No. of Funds

TW Alerts

Big jump in Earnings (Y/Y)

Unveiling Tradeweb Markets Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	6.5%	7,419,557	SC 13G
Feb 14, 2024	price t rowe associates inc /md/	7.0%	8,031,685	SC 13G
Feb 13, 2024	vanguard group inc	9.23%	10,585,809	SC 13G/A
Feb 09, 2024	wellington management group llp	5.48%	6,284,303	SC 13G/A
Jan 24, 2024	blackrock inc.	9.1%	10,398,002	SC 13G/A
Jan 03, 2024	london stock exchange group plc	16.7%	22,988,329	SC 13D/A
Feb 22, 2023	london stock exchange group plc	17.2%	22,988,329	SC 13D/A
Feb 14, 2023	t. rowe price investment management, inc.	6.6%	7,322,321	SC 13G
Feb 13, 2023	ownership capital b.v.	4.68%	5,194,980	SC 13G/A
Feb 13, 2023	capital research global investors	0.0%	0	SC 13G/A

Recent SEC filings of Tradeweb Markets Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	144	Notice of Insider Sale Intent
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 08, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	DEFA14A	DEFA14A
Mar 27, 2024	4	Insider Trading
Mar 25, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Tradeweb Markets Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	143.1B	67.8B	8.75%	35.92%	15.2	2.11	66.36%	-10.82%
ICE	76.7B	9.7B	-2.99%	24.74%	30.93	7.89	0.75%	71.75%
CME	74.8B	5.7B	-1.35%	12.14%	23.19	13.2	-1.46%	19.89%
COIN	52.0B	4.0B	-11.04%	268.86%	38.54	13.1	41.89%	159.36%
FDS	16.6B	2.2B	0.54%	8.15%	33.93	7.71	7.26%	9.28%
IBKR	12.9B	6.1B	7.06%	54.42%	4.44	2.12	64.44%	33.59%
MID-CAP
JEF	9.7B	8.2B	4.15%	50.98%	33.44	1.18	17.04%	-68.59%
HLI	8.6B	1.8B	2.92%	55.51%	33.32	4.69	0.16%	-0.33%
EVR	7.4B	2.4B	-0.13%	79.36%	28.8	3.01	-12.10%	-46.39%
FRHC	4.2B	1.4B	1.89%	-10.83%	12.6	3.02	96.15%	398.80%
CLSK	3.3B	214.4M	5.96%	289.86%	-40.12	15.28	75.40%	19.03%
SMALL-CAP
DFIN	1.8B	802.0M	3.31%	48.27%	18.49	2.3	-2.34%	8.49%
AMRK	922.0M	10.0B	23.37%	10.15%	8.35	0.09	24.24%	-27.96%
COHN	16.1M	92.7M	14.99%	37.47%	2.58	0.17	72.05%	185.64%
AAMC	7.9M	3.2M	-18.39%	-96.27%	-0.24	2.5	-44.67%	-104.26%

Tradeweb Markets Inc News

Latest updates

Tradeweb Markets Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	10.5%	409	370	328	311	329	293	287	297	311	277	265	261	273	233	213	212	235	197	201	190	187
Costs and Expenses	5.6%	241	228	204	194	207	201	184	191	200	186	180	177	175	161	154	156	157	143	143	160	141
EBITDA Margin	-0.4%	0.59*	0.60*	0.60*	0.58*	0.55*	0.53*	0.52*	0.51*	0.50*	0.50*	0.50*	0.49*	0.48*	-	-	-	-	-	-	-	-
Interest Expenses	-93.5%	2.00	26.00	17.00	15.00	0.00	8.00	3.00	1.00	-0.45	-0.41	-0.36	-0.32	-0.49	-0.38	-0.35	-0.29	1.00	1.00	1.00	0.00	-
Income Taxes	16.2%	44.00	38.00	29.00	29.00	33.00	14.00	25.00	26.00	14.00	44.00	20.00	17.00	16.00	16.00	11.00	13.00	16.00	31.00	10.00	6.00	5.00
Earnings Before Taxes	32.4%	187	141	140	131	135	113	106	107	111	104	85.00	83.00	98.00	83.00	58.00	55.00	78.00	88.00	59.00	31.00	47.00
EBT Margin	3.3%	0.42*	0.41*	0.41*	0.40*	0.38*	0.37*	0.37*	0.35*	0.34*	0.34*	0.34*	0.33*	0.32*	-	-	-	-	-	-	-	-
Net Income	52.2%	126	83.00	99.00	102	88.00	75.00	69.00	82.00	97.00	37.00	55.00	66.00	82.00	55.00	37.00	42.00	62.00	41.00	30.00	13.00	42.00
Net Income Margin	0.4%	0.28*	0.28*	0.30*	0.29*	0.27*	0.27*	0.24*	0.23*	0.23*	0.22*	0.25*	0.24*	0.23*	-	-	-	-	-	-	-	-
Free Cashflow	-87.1%	31.00	244	211	209	64.00	203	198	172	36.00	184	181	144	51.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.8%	7,396	7,060	6,505	6,491	6,240	6,260	6,137	5,990	6,001	5,990	5,937	5,865	5,809	5,680	5,537	5,464	5,185	5,095	5,623	5,072	5,035
Cash Equivalents	-9.5%	1,545	1,706	1,493	1,396	1,234	1,258	1,111	961	829	972	823	682	811	792	678	561	425	462	391	315	363
Net PPE	-0.4%	33.00	34.00	36.00	36.00	37.00	37.00	33.00	35.00	35.00	31.00	28.00	33.00	33.00	34.00	33.00	36.00	37.00	40.00	37.00	36.00	37.00
Goodwill	1.5%	2,858	2,816	2,815	2,780	2,780	2,780	2,780	2,780	2,780	2,780	2,783	85.00	2,695	2,695	2,700	2,700	2,695	2,695	2,695	2,695	2,695
Liabilities	17.0%	1,320	1,128	693	773	639	714	683	619	707	681	688	667	644	661	658	635	496	503	1,135	618	260
Shareholder's Equity	2.5%	5,509	5,374	5,266	5,717	5,601	5,546	5,454	5,371	5,294	5,309	5,248	5,198	5,165	5,019	4,879	4,829	4,689	4,593	4,487	4,455	4,598
Retained Earnings	16.4%	745	640	570	495	433	387	348	305	262	243	222	195	208	156	116	94.00	78.00	48.00	20.00	1.00	-
Additional Paid-In Capital	0.7%	4,771	4,739	4,706	4,694	4,578	4,577	4,542	4,420	4,389	4,401	4,366	4,348	4,307	4,143	3,941	3,923	3,427	3,329	2,856	2,847	99*
Shares Outstanding	0.9%	213	211	210	210	208	206	205	204	204	201	201	200	199	180	188	172	166	148	143	143	222
Minority Interest	1.7%	567	558	546	535	598	593	585	656	645	663	658	650	646	716	822	815	1,186	1,214	1,614	1,607	-
Float	-	-	-	-	16,100	-	-	-	16,000	-	-	-	19,700	-	-	-	6,200	-	-	-	4,500	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-84.5%	37,914	244,761	217,389	213,099	70,840	208,000	201,507	178,072	45,243	191,651	182,364	148,434	55,572	139,702	138,979	186,311	-21,758	120,538	113,492	98,052	-21,079
Share Based Compensation	-19.8%	16,402	20,458	17,347	15,713	11,610	17,212	14,757	20,963	13,712	15,000	13,776	12,407	10,760	11,212	9,757	10,346	7,971	8,732	9,132	27,286	4,674
Cashflow From Investing	-773.0%	-106,991	-12,256	-86,449	-17,346	-16,714	-14,667	-12,342	-15,047	-18,040	-14,726	-10,017	-221,742	-12,625	-33,188	-10,168	-10,819	-8,361	-14,695	-12,060	-9,424	-8,283
Cashflow From Financing	-277.8%	-90,770	-24,024	-30,854	-32,840	-80,456	-54,846	-28,723	-25,053	-168,081	-25,656	-29,931	-56,063	-24,450	3,370	-13,894	-39,892	-2,277	-39,286	-23,206	-135,650	-20,000
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000
Buy Backs	-100.0%	-	2,113	4,897	7,602	20,811	34,000	9,000	9,000	47,323	12,000	12,000	51,676	-	-	-	-	-	-	-	-	-

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TW Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Total revenue	$ 408,739	$ 329,249
Expenses
Employee compensation and benefits	143,087	114,493
Depreciation and amortization	49,337	45,404
Technology and communications	21,310	17,567
General and administrative	10,854	13,920
Professional fees	11,800	11,176
Occupancy	4,673	4,123
Total expenses	241,061	206,683
Operating income	167,678	122,566
Interest income	21,060	12,940
Interest expense	(1,718)	(449)
Other income (loss), net	0	341
Income before taxes	187,020	135,398
Provision for income taxes	(43,638)	(33,205)
Net income	143,382	102,193
Less: Net income attributable to non-controlling interests	17,240	14,337
Net income attributable to Tradeweb Markets Inc.	$ 126,142	$ 87,856
Earnings per share attributable to Tradeweb Markets Inc. Class A and B common stockholders:
Basic (in dollars per share)	$ 0.59	$ 0.42
Diluted (in dollars per share)	$ 0.59	$ 0.42
Weighted average shares outstanding:
Basic (in shares)	212,709,872	208,105,437
Diluted (in shares)	214,660,853	210,143,734
Transaction fees and commissions
Revenues
Total revenue	$ 335,451	$ 266,598
Subscription fees
Revenues
Total revenue	49,681	44,374
LSEG market data fees
Revenues
Total revenue	20,500	15,594
Other
Revenues
Total revenue	$ 3,107	$ 2,683

About Tradeweb Markets Inc

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. It also offers a range of electronic, voice, and hybrid platforms to 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 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. The company was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. operates a subsidiary of Refinitiv Parent Limited.

CEO	Mr. William E. Hult
WEBSITE	tradeweb.com
INDUSTRY	Mortgage Finance
EMPLOYEES	1091

Tradeweb Markets Inc Frequently Asked Questions

What is the ticker symbol for Tradeweb Markets Inc? What does TW stand for in stocks?

TW is the stock ticker symbol of Tradeweb Markets Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tradeweb Markets Inc (TW)?

As of Tue May 07 2024, market cap of Tradeweb Markets Inc is 23.48 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TW stock?

You can check TW's fair value in chart for subscribers.

What is the fair value of TW stock?

You can check TW's fair value in chart for subscribers. The fair value of Tradeweb Markets Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tradeweb Markets Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tradeweb Markets Inc a good stock to buy?

The fair value guage provides a quick view whether TW is over valued or under valued. Whether Tradeweb Markets Inc is cheap or expensive depends on the assumptions which impact Tradeweb Markets Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TW.

What is Tradeweb Markets Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, TW's PE ratio (Price to Earnings) is 57.33 and Price to Sales (PS) ratio is 16.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TW PE ratio will change depending on the future growth rate expectations of investors.