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

Tradeweb Markets Inc. (TW) Shares outstanding

Alert me on Shares outstanding

Tradeweb Markets Inc.'s shares outstanding at the end of fiscal 2025 was $214.9M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $210.9M. Over the past ten years it has ranged from $142.9M (fiscal 2016) to $214.9M (fiscal 2024); the current reading is higher than 90% of that period. Tradeweb Markets Inc. ranks 20th of 87 Capital Markets companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $214.9M (0.01%)
FY2024 $214.9M 1.06%
FY2023 $212.7M 2.05%
FY2022 $208.4M 0.55%
FY2021 $207.3M 10.11%
FY2020 $188.2M 20.24%
FY2019 $156.5M 9.47%
FY2018 $143.0M 0.00%
FY2017 $143.0M 0.05%
FY2016 $142.9M —

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $210.9M (0.89%)
Jun 2026 $212.8M (0.25%)
Mar 2026 $213.3M (0.73%)
Dec 2025 $214.9M (0.04%)
29 more quarters

Against its own ten years

Low $142.9M High $214.9M
Ten-year median $197.7M
Current reading's percentile 90

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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