<- Go home

Added to YB: 2026-09-04

Pitch date: 2026-09-02

TW [bullish]

Tradeweb Markets Inc.

+1.19%

current return

Author Info

Welfare Capital Research is a generalist investing in quality businesses with unique, in-demand services and attractive match-ups against competition. Sign up for the newsletter.

Company Info

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

Market Cap

$22.5B

Pitch Price

$104.10

Price Target

N/A

Dividend

0.52%

EV/EBITDA

N/A

P/E

25.45

EV/Sales

N/A

Sector

Capital Markets

Category

growth

Show full summary:
My Work at Aurelion Research - Tradeweb Markets Inc.

TW: Tradeweb is a capital-light fixed-income marketplace expected to compound at low-teens-plus growth with roughly 5% capex, negative working capital excluding cash and adjusted ROE above 30%. Its liquidity network effects and leading positions should benefit from debt growth, further electronification and market-share gains, while volatility could lift trading demand. The shares trade near their lowest-ever P/E, though monthly volumes fluctuate and the stock is not cheap in absolute terms.

Read full article (2 min)