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Added to YB: 2026-02-10

Pitch date: 2026-02-06

TW [neutral]

Tradeweb Markets Inc.

+4.48%

current return

Author Info

The Diversified Fins Analyst is a former sellside & buyside equities analyst focused on diversified financials (exchanges, online brokers, trading companies, etc.). Sign up for the newsletter.

Company Info

Tradeweb Markets Inc. builds and operates electronic marketplaces in the United States and internationally.

Market Cap

$23.8B

Pitch Price

$113.84

Price Target

N/A

Dividend

0.50%

EV/EBITDA

N/A

P/E

29.66

EV/Sales

N/A

Sector

Capital Markets

Category

growth

Show full summary:
Tradeweb Markets Inc. (TW) 4Q25 Earnings Review

TW (earnings): Record Q4 revenue $521M (+12% YoY), EPS $0.87 beat consensus by 4%. ADV hit record $2.8T (+23% YoY) but FPM down -10% YoY to $2.05 on mix shift. 2026 guidance: expenses $1.1-1.16B, margins may expand modestly. Jan revenue +17% YoY. Increased buybacks $500M, dividend +17%.

Read full article (4 min)