NASDAQ: TW
Tradeweb Markets Inc.
Financial Services · Financial - Capital Markets
Market Cap
$21.20B
52w High
$147.49
52w Low
$94.25
P/E
24.40
Volume
1.45M
Outstanding Shares
213.10M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 28.28% over the last year. Revenue grew 18.26% over the trailing twelve months. Operating margin moved from 39.11% to 42.97%. Free cash flow grew 33.44% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 42.97%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Tradeweb Markets Inc. is a global provider that develops and manages sophisticated electronic trading platforms across the Americas, Europe, the Middle East, Africa, and Asia Pacific.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
17
Buy
11
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 30, 2026
Q3 FY26 · EPS est $0.97 · Revenue est $565.58M
View
Dividends
$0.52/shareQuarterly6yr growth streakSafeTW pays a dividend with a 0.52% dividend yield, 6 consecutive years of growth, growing at 10.2% annually, covered 11.0× by free cash flow.
Dividend Yield
0.52%
Annual Div / Share
$0.52
5yr CAGR
+10.2%
Doubles every ~7.1yr
Payout Ratio
12.25%
Safe
Dividend Growth Rate
3yr CAGR
+15.21%
5yr CAGR
+10.2%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$0/mo
In 5 yrs
$1/mo
In 10 yrs
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$5/yr $0/mo | $8/yr+63% $1/mo | $14/yr+164% $1/mo |
Yield-on-cost grows from 0.52% → 1.38% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 11.0× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 10.2% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.