Last 7 days
-0.3%
Last 30 days
-0.1%
Last 90 days
21.4%
Trailing 12 Months
37.3%
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 | - |
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% |
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 |
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 |
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% |
16.5%
63.8%
21.3%
11.9%
Y-axis is the maximum loss one would have experienced if Tradeweb Markets was unfortunately bought at previous high price.
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) | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | - | - | - | - | - | - | - | - | - | - | - | - |
Condensed 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 |