← Tradeweb Markets Inc. TW
Market Price
$106.29
Market Cap
$22.47B
P/E Ratio
28.12
Revenue (FY 2025)
↑18.9% YoY
$2.05B
3-Yr CAGR: 20.0%
Net Income
↑62.1% YoY
$812.79M
Net Margin: 39.6%
Free Cash Flow
↑31.5% YoY
$1.13B
FCF Yield: 5.02%
EPS (Diluted)
↑62.2% YoY
$3.78
Basic: $3.81
Return on Equity
Efficiency
12.5%
ROA: 70.8%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (TW)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2018 | — | — | — | — | — | — | — | — | — | — |
| FY 2019 | $775.6M | — | $224.8M | $83.8M | — | $0.54 | — | $311.0M | $295.2M | — |
| FY 2020 | $892.7M | +15.1% | $298.2M | $166.3M | +98.5% | $0.88 | +63.0% | $443.2M | $431.7M | +46.2% |
| FY 2021 | $1,076.4M | +20.6% | $391.0M | $226.8M | +36.4% | $1.09 | +23.9% | $578.0M | $561.1M | +30.0% |
| FY 2022 | $1,188.8M | +10.4% | $459.1M | $309.3M | +36.4% | $1.48 | +35.8% | $632.8M | $609.6M | +8.6% |
| FY 2023 | $1,338.2M | +12.6% | $556.8M | $364.9M | +18.0% | $1.71 | +15.5% | $746.1M | $727.6M | +19.3% |
| FY 2024 | $1,725.9M | +29.0% | $1,721.7M | $501.5M | +37.4% | $2.33 | +36.3% | $897.7M | $856.8M | +17.8% |
| FY 2025 | $2,052.4M | +18.9% | $2,050.5M | $812.8M | +62.1% | $3.78 | +62.2% | $1,167.6M | $1,127.1M | +31.5% |
Valuation
Market Price
$106.29
Market Cap
$22.47B
Enterprise Value
N/A
P/E Ratio
28.12
P/B Ratio
3.48
FCF Yield
5.02%
Dividend Yield
0.45%
Shares Outstanding
Profitability & Margins
Gross Margin
99.91%
Operating Margin
40.70%
Net Margin
39.60%
Return on Equity (ROE)
12.49%
Return on Assets (ROA)
70.80%
Asset Turnover
1.79x
Revenue 3-Yr CAGR
19.97%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$2.08B
Total Debt
N/A
Book Value / Share
$30.56
Cash Flow Efficiency
Operating Cash Flow
$1.17B
Capital Expenditures (CapEx)
$40.55M
Free Cash Flow
$1.13B
OCF / Revenue
56.89%
FCF / Revenue
54.92%
FCF 3-Yr CAGR
22.74%
Per Share Metrics
EPS (Diluted)
$3.78
EPS (Basic)
$3.81
Dividends / Share
$0.48
Book Value / Share
$30.56
EPS YoY Growth
62.23%
Balance Sheet (FY 2025)
Total Assets
$1.15B
Total Liabilities
$50.01M
Stockholders' Equity
$6.51B
Current Assets
N/A
Current Liabilities
N/A