Tradeweb Markets Inc. Class A (TW) Peer Comparison
$107.51
As on 26-Aug-2026 16:00EDT
Market cap
$23,338 Mln
Revenue (TTM)
$2,206 Mln
P/E Ratio
25.5
P/B Ratio
3.4
Div. Yield
0.5 %
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
Market cap ($ Mln) |
23,338 | 98,877 | 89,043 | 54,903 | 31,407 |
Revenue ($ Mln) |
2,206 | 6,773 | 13,424 | 8,707 | 5,061 |
Net Profit ($ Mln) |
897.23 | 4,272.10 | 4,027.00 | 1,968.00 | 1,353.10 |
Net Margin (%) |
40.66 | 63.08 | 30.00 | 22.60 | 26.73 |
RoE (%) |
11.82 | 15.47 | 13.56 | 16.25 | 25.14 |
Price to Earnings |
25.55 | 23.34 | 22.18 | 28.64 | 23.46 |
Price-To-Book |
3.37 | 3.67 | 2.99 | 4.58 | 5.46 |
Income Statement ($ Mln)
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Operating Revenue
|
2,206.49 | 6,772.60 | 13,424.00 | 8,707.00 | 5,061.30 |
|
Cost of Revenue
|
702.89 | 1,226.40 | 3,568.00 | 3,539.00 | 2,414.50 |
|
Gross Profit
|
1,381.60 | 5,613.60 | 7,821.00 | 3,939.00 | 2,306.70 |
|
Operating Expenses
|
529.91 | 1,137.20 | 3,826.00 | 2,418.00 | 866.10 |
|
Operating Profit (EBIT)
|
973.69 | 4,409.00 | 6,030.00 | 2,750.00 | 1,780.70 |
|
Other Income
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|
Profit before Tax
|
1,299.44 | 5,594.00 | 5,335.00 | 2,439.00 | 1,892.00 |
|
Provision for Tax
|
281.91 | 1,321.90 | 1,246.00 | 471.00 | 538.90 |
|
Profit after Tax (Net Income)
|
897.23 | 4,272.10 | 4,027.00 | 1,968.00 | 1,353.10 |
|
Minority Interest
|
-120.30 | 0.00 | -62.00 | 0.00 | 0.00 |
|
Consolidated Profit
|
0.00 | 0.00 | 1,667.00 | 0.00 | 0.00 |
Liabilities ($ Mln)
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
6,634.53 | 26,520.40 | 29,551.00 | 11,988.00 | 5,625.80 |
|
Minority Interest
|
-120.30 | 0.00 | -62.00 | 0.00 | 0.00 |
|
Non-Current Liabilities
|
521.50 | 9,438.90 | 24,019.00 | 11,774.00 | 1,197.00 |
|
Current Liabilities
|
391.19 | 158,785.30 | 120,576.00 | 3,574.00 | 3,786.50 |
|
Total Liabilities
|
8,189.56 | 198,548.40 | 136,887.00 | 31,053.00 | 9,305.30 |
Assets ($ Mln)
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
5,231.35 | 33,045.50 | 52,183.00 | 25,613.00 | 4,682.50 |
|
Current Assets
|
2,367.30 | 161,631.10 | 122,064.00 | 1,728.00 | 5,926.80 |
|
Total Assets
|
8,189.56 | 198,548.40 | 136,887.00 | 31,053.00 | 9,305.30 |
|
Total Debt*
|
150.34 | 3,424.20 | 20,527.00 | 9,243.00 | 1,555.30 |
|
Net Current Assets
|
1,892.37 | 2,913.80 | 1,488.00 | 28.00 | 2,140.30 |
Cashflow ($ Mln)
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,167.65 | 4,277.10 | 4,662.00 | 2,255.00 | 1,224.10 |
|
Cash Flow from Investing Activities
|
-126.53 | 1,498.80 | -4,249.00 | -1,100.00 | 450.20 |
|
Cash from Financing Activities
|
-307.48 | 56,509.50 | -6,334.00 | -2,953.00 | -371.60 |
|
Net Cash Inflow / Outflow
|
-- | -- | -- | -- | -- |
Ratios
Profitability Ratios
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
ROCE (%)
|
12.88 | 12.96 | 6.77 | 8.28 | 17.32 |
|
ROE (%)
|
11.82 | 15.47 | 13.56 | 16.25 | 25.14 |
|
ROA (%)
|
10.04 | 1.26 | 1.51 | 5.87 | 10.48 |
|
EBIT Margin (%)
|
57.50 | 76.80 | 40.46 | 29.19 | 38.07 |
|
Net Margin (%)
|
40.66 | 63.08 | 30.00 | 22.60 | 26.73 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
14.04 | 5.10 | 6.93 | 7.33 | 11.68 |
|
EBIT Growth (%)
|
51.84 | 3.71 | 12.12 | 15.02 | 45.44 |
|
Net Profit Growth (%)
|
60.71 | 13.75 | 34.10 | 30.50 | 50.23 |
|
EPS Growth (%)
|
61.38 | 13.31 | 35.59 | 31.77 | 50.40 |
|
Book Value Growth (%)
|
9.92 | -4.90 | 5.54 | 3.50 | 20.71 |
Valuation Ratios
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Price / Earnings
|
28.41 | 24.32 | 28.00 | 31.30 | -- |
|
Price / Book Value
|
3.55 | 3.42 | 3.20 | 4.58 | -- |
|
Dividend Yield (%)
|
-- | -- | -- | -- | -- |
|
EV/EBITDA
|
14.92 | 17.06 | 16.43 | 20.81 | -- |
|
Market Cap ($ Cr)
|
-- | -- | -- | -- | -- |
Solvency Ratios
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | 0.13 | 0.63 | 0.71 | 0.14 |
|
Short term debt to equity ratio
|
0.02 | 0.00 | 0.04 | 0.02 | 0.12 |
|
Current Ratio
|
6.05 | 1.02 | 1.01 | 0.48 | 1.57 |
|
Quick Ratio
|
6.05 | 1.02 | 0.04 | 0.48 | 1.57 |
|
Interest Coverage
|
1,245.67 | 32.98 | 7.82 | 8.07 | 36.63 |
Operating Efficiency Ratios
| Tradeweb Markets Inc. Class A (TW) | CME Group Inc. Class A (CME) | Intercontinental Exchange (ICE) | Nasdaq (NDAQ) | Cboe Global Markets (CBOE) | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
14.02 | 11.12 | 13.92 | 13.58 | 12.79 |
|
Asset Turnover
|
0.25 | 0.02 | 0.05 | 0.26 | 0.39 |
|
Receivable days
|
48.75 | 33.95 | 91.60 | 43.67 | 37.88 |
|
Inventory Days
|
-- | -- | -- | -- | -- |
|
Payable days
|
95.40 | 30.54 | 80.72 | 23.43 | 53.46 |
|
Cash Conversion Cycle
|
-- | -- | -- | -- | -- |