Tradeweb Markets Inc. · Security & Commodity Brokers, Dealers, Exchanges & Services

TW

Low riskNext report: Oct 29 (confirmed)

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The short version

A profitable company with steady sales.

Going well

Profitable every year for 8 years
Sales up 19% last year
Brings in more cash than it spends

Money moves

No insider buying or selling in the last 30 days
Institutions cut 0.9% from their holdings in the quarter ending June 2026 (291 bought, 296 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$123.47+0.7% that day

Company value: $26.3B; Share price times all shares
Price vs profit (P/E): 29.5x; You pay about $30 for each $1 of yearly profit
Price vs sales: 11.9x; Company value is 11.9 times a year of sales
Dividend yield: 0.4%; Yearly dividend as a share of today's price
Cash vs value: 8%; Cash as a share of company value

From TW's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$558.9M+9.0% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $2.2B, up 14% from the 12 months before. Over 5 years, sales grew about 18% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of TW. Starting points are the company's recent numbers.

Sales growth+14% a yearRecently: +14% a yearProfit margin41%Last 12 months: 40.7%P/E at the end30xToday: 29.5x. Many steady companies trade at 12x to 25xShare count change+1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$4.2B

Profit in 5 years$1.7B

Price these guesses point to$233.65+89% vs $123.47 todayAbout +14% a year, before dividends

What today's price needs: with a 41% margin and a 30x P/E, sales would have to grow about 0.3% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/6Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.13.2%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.39.6%
PassProfitable every yearSteady profits, not one good year.8 of 8 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.1B
MissShare count not growingNot diluting owners. Falling means buybacks.+3.1% in 3 years

Revenue: $2.1B; +18.9% vs prior year
5-year growth: +18.1%/yr; revenue, per year
Total debt: None; 0.00x equity
Free cash flow: $1.1B; 54.9% of revenue

From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.