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Tradeweb Markets Inc.
Nasdaq · CIK 1758730
Last close102.22
Daily change-1.08 (-1.05%)
10 Years gain+193.44%
Dividends TTM0.54 (+17.39%)
Dividend yield0.52%
Fundamental Analysis
TW · STANDARD
SIC 6200 · Security & Commodity Brokers, Dealers, Exchanges & Services · Fiscal year end 1231
Fundamental
61.1Momentum
68.8Acceleration
68.8Confidence
77.0Annual Revenue8
Quarterly Revenue33
Annual CFO8
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth22.5 / 25
Quality22.4 / 25
Capital Efficiency13.1 / 20
Balance Sheet0.0 / 15
Shareholder Economics0.0 / 10
Forward Indicators0.0 / 5
Signals
Operating leverageOperating margin improved by 3.75 percentage points.
Net debt reductionNet debt declined versus the comparison period.
Share count reductionDiluted share count declined 0.9773%.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.
Key Metrics
Revenue Growth TTM24.04%OK
Revenue CAGR 3Y19.97%OK
Gross Marginn/aMISSING
Operating Margin42.89%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC15.81%OK
Incremental Operating Margin 3Y52.94%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-0.98%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $2.05B | n/a | $835.34M | $1.17B | $1.13B | n/a | 40.7% | 54.92% | 14.75% | 214.9M |
| 2025 FY Dec 31, 2024 | $1.73B | n/a | $678.03M | $897.74M | $856.78M | n/a | 39.28% | 49.64% | 12.61% | 214.92M |
| 2025 FY Dec 31, 2023 | $1.34B | n/a | $505.27M | $746.09M | $727.56M | n/a | 37.76% | 54.37% | 10.51% | 212.67M |
| 2024 FY Dec 31, 2022 | $1.19B | n/a | $412.57M | $632.82M | $609.61M | n/a | 34.71% | 51.28% | 9.21% | 208.4M |
| 2023 FY Dec 31, 2021 | $1.08B | n/a | $358.83M | $578.02M | $561.14M | n/a | 33.33% | 52.13% | 7.37% | 207.25M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $2.20B | sum latest 4 fiscal quarters Revenue | OK | 0001758730-26-000133, 0001758730-25-000172 |
| Revenue Growth TTM | 24.04% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001758730-26-000133, 0001758730-25-000172 |
| Revenue CAGR 3Y | 19.97% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001758730-26-000015 |
| Revenue CAGR 5Y | 18.12% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001758730-26-000015 |
| Gross Profit CAGR 3Y | n/a | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | INSUFFICIENT_HISTORY | derived |
| Operating Income Growth | 35.92% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001758730-26-000133, 0001758730-25-000172 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Margin | 42.89% | Operating Income / Revenue | OK | 0001758730-26-000133, 0001758730-25-000172 |
| ROIC | 15.81% | NOPAT / Average Invested Capital | OK | 0001758730-26-000133, 0001758730-25-000172 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001758730-26-000133 |
| Revenue per Diluted Share | $10.33 | Revenue / Diluted Shares | OK | 0001758730-26-000133, 0001758730-25-000172 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |
| Dividend Payout Ratio | n/a | Cash dividends paid / Net income | NOT_MEANINGFUL | 0001758730-26-000015 |
| Diluted EPS TTM | $3.41 | Net income TTM / Diluted shares | OK | 0001758730-26-000133, 0001758730-25-000172 |