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Saturday 17 October 2026 Export TW’s income statement to Excel — free account

Tradeweb Markets Inc.

TW Financial Capital Markets

Tradeweb Markets Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, up 18.9% from fiscal 2024. In the quarter to June 2026, revenue grew 8.96%, EPS grew 18.1% and free cash flow fell 5.23%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for five.

113.49 1.49 +1.33%
Market cap
$26.2B
P/E
27.0×
Fwd P/E
29.3×
Dividend yield
0.48%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Tradeweb Markets Inc. (TW) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Tradeweb Markets Inc. (TW) trades at a P/E ratio of 27.0×. Over the past ten years it has ranged from 22.5× (June 2026) to 237× (May 2019); the current reading is higher than 6% of that period. That is above the Capital Markets industry median of 14.2× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 28.2× (49.34%)
FY2024 55.7× 7.96%
FY2023 51.6× 19.25%
FY2022 43.3× (51.60%)
FY2021 89.4× 30.29%
FY2020 68.6× 9.57%
FY2019 62.6× (66.77%)
FY2018 188× 0.00%
FY2017 188× 0.00%
FY2016 188× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 23.7× (17.92%)
Mar 2026 28.9× 2.42%
Dec 2025 28.2× (24.72%)
Sep 2025 37.5× (32.90%)
30 more quarters

Against its own ten years

Low 22.5× High 237×
Ten-year median 57.5×
Current reading's percentile 6

P/E ratio against peers

Company P/E ratio
IREN IREN Limited compare n/m
BMNR BitMine Immersion Technologies, Inc. compare n/m
NMR Nomura Holdings Inc ADR compare 9.4×
FUTU Futu Holdings Limited Sponsored ADR compare 10.3×
XP XP Inc. compare 15.1×
LPLA LPL Financial Holdings Inc. compare 25.5×
TW Tradeweb Markets Inc. 27.0×
IBKR Interactive Brokers Group, Inc. compare 32.7×
CRCL Circle Internet Group, Inc. compare 43.0×
Capital Markets industry median 14.2×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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