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Friday 6 November 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.

Revenue
+14.9%
EPS
+22.9%
Free cash flow
+2.33%

Quarter to September 2026, against a year earlier

127.63 0.64 +0.50%
Market cap
$29.6B
P/E
29.0×
Fwd P/E
34.5×
Dividend yield
0.42%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Tradeweb Markets Inc. (TW) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Tradeweb Markets Inc. (TW) trades at a P/E ratio of 29.0×. Over the past ten years it has ranged from 22.5× (June 2026) to 237× (May 2019); the current reading is higher than 9% of that period. That is above the Capital Markets industry median of 14.4× and above the Financial sector median of 12.2×.

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
Sep 2026 22.9× (3.39%)
Jun 2026 23.7× (17.92%)
Mar 2026 28.9× 2.42%
Dec 2025 28.2× (24.72%)
31 more quarters

Against its own ten years

Low 22.5× High 237×
Ten-year median 57.4×
Current reading's percentile 9

P/E ratio against peers

Company P/E ratio
BMNR BitMine Immersion Technologies, Inc. compare n/m
NMR Nomura Holdings Inc ADR compare 9.6×
JEF Jefferies Financial Group Inc. compare 12.7×
EVR Evercore Inc compare 14.5×
LPLA LPL Financial Holdings Inc. compare 17.2×
IBKR Interactive Brokers Group, Inc. compare 27.7×
TW Tradeweb Markets Inc. 29.0×
HOOD Robinhood Markets, Inc. compare 35.8×
CRCL Circle Internet Group, Inc. compare 37.4×
Capital Markets industry median 14.4×
Financial sector median 12.2×
Market median 17.9×

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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