Market Summary
USD84.22+0.66
Market Closed0.79%
TW Alerts
TW Stock Price
TW RSI Chart
TW Valuation
TW Price/Sales (Trailing)
TW Profitability
TW Fundamentals
TW Revenue
TW Earnings
Price Action
52 Week Range
51.4787.53
(Low)(High)
Last 7 days
-0.3%
Last 30 days
-0.1%
Last 90 days
21.4%
Trailing 12 Months
37.3%
TW Financial Health
TW Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for TW
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-14 | Peterson Justin | sold | -1,686,950 | 84.3477 | -20,000 | chief technology officer |
2023-09-14 | Peterson Justin | acquired | 411,800 | 20.59 | 20,000 | chief technology officer |
2023-07-06 | Friedman Douglas | sold | -207,868 | 65.5737 | -3,170 | general counsel and secretary |
2023-06-15 | Yared Rana | sold | -40,415 | 71.28 | -567 | - |
2023-06-13 | Yared Rana | sold | -59,544 | 69.97 | -851 | - |
2023-05-15 | Ganeles Scott | acquired | - | - | 2,362 | - |
2023-05-15 | BERNS STEVEN | acquired | - | - | 2,280 | - |
2023-05-15 | Dixon Troy | acquired | - | - | 2,486 | - |
2023-05-15 | AIGRAIN JACQUES | acquired | - | - | 3,427 | - |
2023-05-15 | Yared Rana | acquired | - | - | 1,627 | - |
Which funds bought or sold TW recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | reduced | -51.43 | -8,008 | 5,821 | -% |
2023-08-29 | EFG Asset Management (Americas) Corp. | reduced | -21.69 | -954,595 | 2,015,850 | 0.47% |
2023-08-24 | Alamar Capital Management, LLC | added | 2.19 | -266,872 | 2,065,010 | 1.52% |
2023-08-24 | Alberta Investment Management Corp | added | 18.97 | 30,590 | 1,015,970 | 0.01% |
2023-08-22 | COMERICA BANK | new | - | 19,000 | 19,000 | -% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | - | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 0.1 | -1,915,130 | 12,536,400 | 0.02% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 0.82 | -133,146 | 921,229 | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | new | - | 212,014 | 212,014 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 2.3 | -3,907,600 | 30,541,400 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
TW Alerts
Schedule 13G FIlings of Tradeweb Markets
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 22, 2023 | london stock exchange group plc | 17.2% | 22,988,329 | SC 13D/A | |
| Feb 14, 2023 | t. rowe price investment management, inc. | 6.6% | 7,322,321 | SC 13G | |
| Feb 13, 2023 | ownership capital b.v. | 4.68% | 5,194,980 | SC 13G/A | |
| Feb 13, 2023 | capital research global investors | 0.0% | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.25% | 10,276,137 | SC 13G/A | |
| Feb 06, 2023 | wellington management group llp | 5.56% | 6,173,424 | SC 13G | |
| Feb 01, 2023 | blackrock inc. | 12.0% | 13,366,523 | SC 13G/A | |
| Jul 08, 2022 | london stock exchange group plc | 17.6% | 22,988,329 | SC 13D/A | |
| Jun 09, 2022 | blackrock inc. | 11.0% | 11,850,068 | SC 13G | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 11.8% | 12,486,962 | SC 13G/A |
Recent SEC filings of Tradeweb Markets
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 144 | Notice of Insider Sale Intent | |
| Jul 27, 2023 | 8-K | Current Report | |
| Jul 27, 2023 | 10-Q | Quarterly Report | |
| Jul 07, 2023 | 4 | Insider Trading | |
| Jul 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Jun 15, 2023 | 4 | Insider Trading | |
| Jun 13, 2023 | 144 | Notice of Insider Sale Intent |
Peers (Alternatives to Tradeweb Markets)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CME | 73.9B | 5.4B | 1.63% | 14.23% | 24.81 | 13.57 | 39.96% | 1.84% |
ICE | 64.6B | 9.6B | 1.31% | 21.61% | 38.27 | 6.75 | 1.00% | -49.94% |
NDAQ | 24.8B | 6.1B | -2.36% | -14.58% | 22.49 | 4.07 | 3.28% | -2.99% |
CBOE | 16.4B | 3.9B | 3.01% | 30.91% | 25.14 | 4.2 | 6.88% | 207.99% |
TROW | - | 6.3B | 1.12% | -2.78% | - | - | -14.15% | -36.16% |
| MID-CAP | ||||||||
IBKR | 9.4B | 4.8B | -2.55% | 34.55% | 3.89 | 1.96 | 226.24% | 90.31% |
SEIC | 8.1B | 1.9B | 0.16% | 14.72% | 20.27 | 4.3 | -8.00% | -31.66% |
SF | 7.0B | 4.8B | 3.49% | 12.05% | 11.36 | 1.45 | 2.69% | -21.37% |
SNEX | 2.0B | 60.6B | -4.55% | 12.08% | 8.16 | 0.03 | -1.46% | 48.12% |
| SMALL-CAP | ||||||||
BGCP | 1.7B | 1.9B | 8.85% | 32.11% | 239.3 | 0.92 | 0.08% | -93.14% |
VIRT | 1.7B | 2.2B | -7.59% | -19.58% | 8.51 | 0.76 | -14.47% | -57.71% |
COWN | 1.1B | 1.5B | 0.39% | 32.10% | 14.3 | 0.71 | -27.22% | -74.14% |
AC | 809.1M | 23.7M | 1.46% | -3.28% | 44.23 | 34.21 | 51.04% | 152.07% |
OPY | 415.0M | 1.2B | -0.81% | 14.64% | 12.91 | 0.34 | 4.38% | -66.00% |
WETF | 742.8M | 313.5M | - | - | 14.66 | 2.47 | 0.19% | 735.99% |
Tradeweb Markets News
Returns for TW
Cumulative Returns on TW
16.5%
3-Year Cumulative Returns
Risks for TW
What is the probability of a big loss on TW?
63.8%
Probability that Tradeweb Markets stock will be more than 20% underwater in next one year
21.3%
Probability that Tradeweb Markets stock will be more than 30% underwater in next one year.
11.9%
Probability that Tradeweb Markets stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does TW drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Tradeweb Markets was unfortunately bought at previous high price.
Drawdowns
Financials for Tradeweb Markets
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2017Q4 |
| Revenue | 1.1% | 1,220 | 1,207 | 1,189 | 1,173 | 1,151 | 1,115 | 1,076 | 1,033 | 980 | 931 | 893 | 857 | 845 | 823 | 776 | 757 | 724 | 711 | 693 | 671 | 504 |
| EBITDA | -100.0% | - | 666 | 628 | 609 | 584 | 557 | 540 | 515 | 482 | 450 | 428 | 431 | 429 | 402 | 367 | 307 | 282 | 289 | 272 | 280 | 159 |
| EBITDA Margin | -100.0% | - | 0.55* | 0.53* | 0.52* | 0.50* | 0.50* | 0.50* | 0.50* | 0.49* | 0.48* | 0.48* | 0.50* | 0.51* | 0.49* | 0.47* | 0.41* | 0.39* | 0.41* | 0.39* | 0.42* | 0.31* |
| Interest Expenses | 58.6% | 39.00 | 25.00 | 12.00 | 3.00 | -0.68 | -1.54 | -1.59 | -1.56 | -1.55 | -1.51 | -0.32 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | - | - | - | 0.00 |
| Earnings Before Taxes | 5.2% | 485 | 461 | 437 | 428 | 407 | 383 | 370 | 349 | 322 | 294 | 274 | 280 | 281 | 257 | 225 | 170 | 164 | 178 | 172 | 214 | 90.00 |
| EBT Margin | -100.0% | - | 0.38* | 0.37* | 0.37* | 0.35* | 0.34* | 0.34* | 0.34* | 0.33* | 0.32* | 0.31* | 0.33* | 0.33* | 0.31* | 0.29* | 0.22* | 0.23* | 0.25* | 0.25* | 0.32* | 0.18* |
| Net Income | 6.3% | 349 | 329 | 309 | 284 | 269 | 267 | 227 | 258 | 240 | 216 | 197 | 183 | 176 | 146 | 126 | 114 | 130 | 157 | 159 | 174 | 84.00 |
| Net Income Margin | -100.0% | - | 0.27* | 0.26* | 0.25* | 0.22* | 0.22* | 0.21* | 0.23* | 0.22* | 0.20* | 0.19* | 0.18* | 0.17* | 0.16* | 0.16* | 0.15* | 0.18* | 0.22* | 0.23* | 0.26* | 0.17* |
| Free Cashflow | -100.0% | - | 637 | 610 | 591 | 574 | 546 | 561 | 511 | 467 | 506 | 432 | 410 | 382 | 295 | 295 | 285 | 236 | 162 | 414 | 211 | 211 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2018Q4 |
| Assets | 4.0% | 6,491 | 6,240 | 6,260 | 6,137 | 5,990 | 6,001 | 5,990 | 5,937 | 5,865 | 5,809 | 5,680 | 5,537 | 5,464 | 5,185 | 5,095 | 5,623 | 5,072 | 4,997 |
| Cash Equivalents | 13.2% | 1,396 | 1,233 | 1,257 | 1,110 | 961 | 829 | 973 | 823 | 682 | 811 | 791 | 678 | 561 | 425 | 462 | 391 | 315 | 411 |
| Net PPE | -2.9% | 36.00 | 37.00 | 37.00 | 33.00 | 35.00 | 35.00 | 31.00 | 28.00 | 33.00 | 33.00 | 34.00 | 33.00 | 36.00 | 37.00 | 40.00 | 37.00 | 36.00 | 38.00 |
| Goodwill | 0% | 2,780 | 2,780 | 2,780 | 2,780 | 2,780 | 2,780 | 2,780 | 2,783 | 85.00 | 2,695 | 2,695 | 2,700 | 2,700 | 2,695 | 2,695 | 2,695 | 2,695 | 2,695 |
| Liabilities | 21.0% | 773 | 639 | 714 | 683 | 619 | 707 | 681 | 688 | 667 | 644 | 661 | 658 | 635 | 496 | 503 | 1,135 | 618 | 411 |
| Shareholder's Equity | -7.5% | 5,182 | 5,601 | 4,954 | 4,869 | 5,371 | 5,294 | 5,309 | 5,248 | 5,198 | 5,165 | 5,019 | 4,879 | 4,829 | 4,689 | 4,593 | 4,487 | 4,455 | 4,572 |
| Retained Earnings | 14.4% | 495 | 433 | 387 | 348 | 305 | 262 | 243 | 222 | 195 | 208 | 156 | 116 | 94.00 | 78.00 | 48.00 | 20.00 | 1.00 | - |
| Additional Paid-In Capital | 2.5% | 4,694 | 4,578 | 4,577 | 4,542 | 4,420 | 4,389 | 4,401 | 4,366 | 4,348 | 4,307 | 4,143 | 3,941 | 3,923 | 3,427 | 3,329 | 2,856 | 2,847 | 99* |
| Shares Outstanding | 1.7% | 212 | 208 | - | 206 | 205 | 204 | - | 202 | 202 | 199 | 190 | 188 | 178 | 166 | 158 | 143 | 143 | 222 |
| Minority Interest | -10.5% | 535 | 598 | 593 | 585 | 656 | 645 | 663 | 658 | 650 | 646 | 716 | 822 | 815 | 1,186 | 1,214 | 1,614 | 1,607 | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2017Q4 |
| Cashflow From Operations | 5.3% | 693 | 658 | 633 | 616 | 597 | 568 | 578 | 526 | 483 | 521 | 443 | 424 | 399 | 310 | 311 | 303 | 253 | 183 | 450 | 220 | 225 |
| Share Based Compensation | -8.1% | 59.00 | 65.00 | 67.00 | 64.00 | 63.00 | 55.00 | 52.00 | 48.00 | 44.00 | 42.00 | 39.00 | 37.00 | 36.00 | 53.00 | 50.00 | 41.00 | 43.00 | 9.00 | - | - | - |
| Cashflow From Investing | -3.9% | -61.07 | -58.77 | -60.10 | -60.15 | -57.83 | -264 | -259 | -277 | -277 | -66.80 | -62.54 | -44.04 | -45.93 | -44.54 | -44.46 | -46.01 | -45.27 | -49.06 | -64.98 | -34.47 | -45.55 |
| Cashflow From Financing | -4.1% | -196 | -189 | -276 | -247 | -248 | -279 | -136 | -107 | -91.04 | -74.87 | -52.69 | -95.35 | -104 | -200 | -218 | -214 | -255 | -112 | -144 | -185 | -153 |
| Buy Backs | -1.9% | 73.00 | 75.00 | 99.00 | 77.00 | 80.00 | 123 | 76.00 | 64.00 | 52.00 | - | - | - | - | - | - | - | - | - | - | - | - |
TW Income Statement
2023-06-30Condensed Consolidated Statements of Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenues | ||||
| Total revenue | $ 310,613 | $ 297,138 | $ 639,862 | $ 608,624 |
| Expenses | ||||
| Employee compensation and benefits | 103,924 | 109,890 | 218,417 | 227,881 |
| Depreciation and amortization | 45,887 | 44,770 | 91,291 | 89,220 |
| Technology and communications | 18,701 | 16,034 | 36,268 | 31,810 |
| General and administrative | 11,072 | 7,601 | 24,992 | 17,914 |
| Professional fees | 10,666 | 8,575 | 21,842 | 16,432 |
| Occupancy | 4,028 | 3,661 | 8,151 | 7,158 |
| Total expenses | 194,278 | 190,531 | 400,961 | 390,415 |
| Operating income | 116,335 | 106,607 | 238,901 | 218,209 |
| Net interest income (expense) | 15,109 | 541 | 27,600 | 94 |
| Other income (loss), net | (456) | 0 | (115) | 0 |
| Income before taxes | 130,988 | 107,148 | 266,386 | 218,303 |
| Provision for income taxes | (29,049) | (25,548) | (62,254) | (39,258) |
| Net income | 101,939 | 81,600 | 204,132 | 179,045 |
| Less: Net income attributable to non-controlling interests | 12,857 | 13,256 | 27,194 | 27,736 |
| Net income attributable to Tradeweb Markets Inc. | $ 89,082 | $ 68,344 | $ 176,938 | $ 151,309 |
| Earnings per share attributable to Tradeweb Markets Inc. Class A and B common stockholders: | ||||
| Basic (in dollars per share) | $ 0.42 | $ 0.33 | $ 0.84 | $ 0.74 |
| Diluted (in dollars per share) | $ 0.42 | $ 0.33 | $ 0.83 | $ 0.73 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 211,569,728 | 204,501,035 | 209,847,153 | 204,282,406 |
| Diluted (in shares) | 213,156,753 | 207,272,675 | 211,659,814 | 207,371,372 |
| Transaction fees and commissions | ||||
| Revenues | ||||
| Total revenue | $ 246,461 | $ 237,669 | $ 513,059 | $ 489,474 |
| Subscription fees | ||||
| Revenues | ||||
| Total revenue | 45,748 | 41,540 | 90,122 | 82,995 |
| Refinitiv market data fees | ||||
| Revenues | ||||
| Total revenue | 15,461 | 15,426 | 31,055 | 30,984 |
| Other | ||||
| Revenues | ||||
| Total revenue | $ 2,943 | $ 2,503 | $ 5,626 | $ 5,171 |
Tradeweb Markets Inc. builds and operates electronic marketplaces in the Americas, Europe, the Middle East, Africa, Asia Pacific, and internationally. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors in 45 markets across 25 currencies. It also offers a range of electronic, voice, and hybrid platforms to approximately 300 dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory firms and traders with Tradeweb Direct platform. The company serves a network of approximately 2,500 clients in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, and regional dealers. Tradeweb Markets Inc. was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. is a subsidiary of Refinitiv Parent Limited.