Tradeweb Markets Inc. Class A (TW) Key Ratios
$107.51
As on 26-Aug-2026 16:00EDT
Market cap
$23,338 Mln
Revenue (TTM)
$2,206 Mln
P/E Ratio
25.5
P/B Ratio
3.4
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -9.52 | 8.96 | 14.04 | 21.84 | 17.62 |
| EBIT | -21.60 | 4.61 | 51.84 | 38.72 | 31.42 |
| Net Profit | -12.09 | 18.11 | 60.99 | 39.66 | -23.93 |
| EPS | -11.45 | 19.11 | 61.38 | 38.13 | 31.53 |
| Book Value | -- | -- | 12.30 | 8.77 | 3.61 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -- | -- | 57.50 | 57.34 | 43.96 |
| Net Margin
| -- | -- | 40.66 | -- | -- |
| Return on equity
| -- | -- | 11.82 | 13.21 | 8.98 |
| Return on Capital
| -- | -- | -- | 12.88 | 8.91 |
| Return on Assets
| -- | -- | 10.04 | 10.52 | 7.00 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.04 | 0.01 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
--
|
12.88
|
8.91
|
7.01
|
6.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
11.82
Lower than Peers by 1.30
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
11.82
|
13.21
|
8.98
|
7.07
|
6.44
|
|
Peer Median
|
13.13
|
--
|
--
|
--
|
--
|
ROA
10.04
Higher than Peers by 7.24
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
10.04
|
10.52
|
7.00
|
5.48
|
5.05
|
|
Peer Median
|
2.80
|
--
|
--
|
--
|
--
|
EBIT Margin
57.50
Higher than Peers by 19.02
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
57.50
|
57.34
|
43.96
|
37.05
|
34.71
|
|
Peer Median
|
38.48
|
--
|
--
|
--
|
--
|
Net Margin
40.66
Higher than Peers by 16.78
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
40.66
|
39.60
|
29.06
|
27.27
|
26.02
|
|
Peer Median
|
23.88
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
14.04
Higher than Peers by 3.10
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
14.04
|
0.19
|
0.29
|
0.13
|
0.10
|
|
Peer Median
|
10.94
|
--
|
--
|
--
|
--
|
EBIT Growth
51.84
Higher than Peers by 34.28
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
51.84
|
55.13
|
53.04
|
12.94
|
14.98
|
|
Peer Median
|
17.56
|
--
|
--
|
--
|
--
|
Net Profit Growth
60.99
Higher than Peers by 44.17
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
60.99
|
62.07
|
37.45
|
17.95
|
36.38
|
|
Peer Median
|
16.82
|
--
|
--
|
--
|
--
|
EPS Growth
61.38
Higher than Peers by 44.27
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
61.38
|
0.62
|
0.37
|
0.16
|
0.33
|
|
Peer Median
|
17.11
|
--
|
--
|
--
|
--
|
Book Value Growth
9.92
Higher than Peers by 2.80
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
9.92
|
--
|
--
|
--
|
--
|
|
Peer Median
|
7.11
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
--
|
0.04
|
0.01
|
0.01
|
0.01
|
|
Peer Median
|
0.28
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
0.02
|
0.02
|
0.01
|
0.00
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
6.05
Higher than Peers by 4.47
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
6.05
|
4.94
|
4.04
|
3.69
|
2.80
|
|
Peer Median
|
1.59
|
--
|
--
|
--
|
--
|
Quick Ratio
6.05
Higher than Peers by 4.47
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
6.05
|
--
|
--
|
3.68
|
2.82
|
|
Peer Median
|
1.59
|
--
|
--
|
--
|
--
|
Interest Coverage
1,245.67
Higher than Peers by 1,227.85
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
1,245.67
|
606.34
|
177.30
|
242.18
|
34.65
|
|
Peer Median
|
17.82
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
14.02
Lower than Peers by 0.56
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
14.02
|
12.56
|
16.81
|
41.07
|
12.98
|
|
Peer Median
|
14.58
|
--
|
--
|
--
|
--
|
Asset Turnover
0.25
Higher than Peers by 0.03
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
0.25
|
0.27
|
0.24
|
0.20
|
0.19
|
|
Peer Median
|
0.21
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
--
|
48.75
|
88.85
|
96.06
|
43.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
--
|
--
|
0.62
|
-4.22
|
-4.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
--
|
95.40
|
176.39
|
187.72
|
43.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
--
|
--
|
-86.93
|
-95.88
|
-4.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
25.55
Higher than Peers by 2.09
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
25.55
|
28.41
|
56.11
|
53.26
|
47.19
|
|
Peer Median
|
23.46
|
--
|
--
|
--
|
--
|
Price / Book Value
3.37
Lower than Peers by 1.21
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
3.37
|
3.55
|
4.85
|
3.62
|
2.95
|
|
Peer Median
|
4.58
|
--
|
--
|
--
|
--
|
Dividend Yield
0.49
Lower than Peers by 0.78
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
0.49
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.27
|
--
|
--
|
--
|
--
|
EV/EBITDA
13.23
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
13.23
|
14.92
|
27.42
|
26.08
|
22.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
23,338
Higher than Peers by 20,197
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Jun-23
|
|---|---|---|---|---|---|
|
Tradeweb Markets Inc. Class A (TW)
|
23,338
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3,141
|
--
|
--
|
--
|
--
|