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Added to YB: 2026-05-05

Pitch date: 2026-04-30

TW [neutral]

Tradeweb Markets Inc.

-0.78%

current return

Author Info

The Diversified Fins Analyst is a former sellside & buyside equities analyst focused on diversified financials (exchanges, online brokers, trading companies, etc.). Sign up for the newsletter.

Company Info

Tradeweb Markets Inc. builds and operates electronic marketplaces in the United States and internationally.

Market Cap

$25.2B

Pitch Price

$113.44

Price Target

N/A

Dividend

0.47%

EV/EBITDA

N/A

P/E

29.16

EV/Sales

N/A

Sector

Capital Markets

Category

growth

Show full summary:
Tradeweb Markets Inc. (TW) 1Q26 Earnings Review

TW (earnings): Q1 rev $618M (+21% YoY) beat consensus $617M; adj EPS $1.08 (+25% YoY) beat on lower expenses. Record ADV $3.3T (+31% YoY), FPM $2.21 (+8% QoQ, -4% YoY). Op margin 51.6% (+40bps YoY). 2026 expense guide unchanged at $1.1-1.16B, trending upper half. Apr rev tracking down low-single-digit YoY despite ADV ahead.

Read full article (5 min)