Pricing Log in Create free account

Tradeweb Markets Inc. (TW) vs XP Inc. (XP)

Tradeweb Markets Inc. and XP Inc. are both Capital Markets companies. Tradeweb Markets Inc. is the larger, with a market value of $26.2B against $15.5B — 1.7× the size. XP Inc. trades at the lower P/E: 15.1× against 27.0×. XP Inc. grew revenue faster over the last twelve months: 18.2% against 14.0%. Tradeweb Markets Inc. has the higher net margin (40.7% vs 27.8%) and the lower return on invested capital (11.4% vs 20.5%). Both pay a dividend; XP Inc. yields more (1.30% vs 0.48%). Across the 20 metrics below, XP Inc. leads on 11 and Tradeweb Markets Inc. on 9.

Valuation

Metric TW XP Capital Markets median
P/E 27.02 15.12 14.20
P/S 10.93 4.15 2.00
P/B 3.29 3.05 1.51
Price to free cash flow 22.42 6.36 6.36
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.70% 6.61% (3.94%)
Free cash flow yield 4.46% 15.72% (1.62%)

Profitability

Metric TW XP Capital Markets median
Gross margin 100.00% 100.00% 62.80%
Operating margin 43.68% 33.63% 0.00%
Net margin 40.66% 27.84% (0.55%)
Free cash flow margin 48.75% 65.15% 0.00%
Return on equity 12.76% 22.76% 0.00%
Return on assets 11.00% 1.37% 0.00%
Return on invested capital 11.41% 20.52% 0.00%

Growth

Metric TW XP Capital Markets median
Revenue growth (TTM) 14.04% 18.17% 20.70%
EPS growth (last fiscal year) 62.23% 13.73% 22.92%
Revenue growth, 5-year CAGR 18.12% 15.82% 18.16%
Net income growth, 5-year CAGR 37.35% 18.11% 0.00%

Health

Metric TW XP Capital Markets median
Debt to equity 0.00 0.07 0.08
Current ratio 6.23 4.80 1.50
Net debt to EBITDA (1.92) (1.52) (0.24)

Dividend

Metric TW XP Capital Markets median
Dividend yield 0.48% 1.30% 1.36%
Payout ratio 0.13 0.20 0.19

Size

Metric TW XP Capital Markets median
Market cap 26.21b 15.53b 565.91m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack