Tradeweb Markets Statistics

Share Statistics

Tradeweb Markets has 236.45M shares outstanding. The number of shares has increased by 0.06% in one year.

Shares Outstanding	236.45M
Shares Change (YoY)	0.06%
Shares Change (QoQ)	0%
Owned by Institutions (%)	53.72%
Shares Floating	235.19M
Failed to Deliver (FTD) Shares	100
FTD / Avg. Volume	0.01%

Short Selling Information

The latest short interest is 2.65M, so 1.24% of the outstanding shares have been sold short.

Short Interest	2.65M
Short % of Shares Out	1.24%
Short % of Float	2.27%
Short Ratio (days to cover)	1.83

Valuation Ratios

The PE ratio is 55.61 and the forward PE ratio is 35.37. Tradeweb Markets's PEG ratio is 1.53.

PE Ratio	55.61
Forward PE	35.37
PS Ratio	16.16
Forward PS	13.8
PB Ratio	4.81
P/FCF Ratio	32.55
PEG Ratio	1.53

Financial Ratio History

Enterprise Valuation

Tradeweb Markets has an Enterprise Value (EV) of 26.59B.

EV / Sales	15.4
EV / EBITDA	27.16
EV / EBIT	29.61
EV / FCF	31.03

Financial Position

The company has a current ratio of 2.99, with a Debt / Equity ratio of 0.01.

Current Ratio	2.99
Quick Ratio	2.99
Debt / Equity	0.01
Debt / EBITDA	0.04
Debt / FCF	0.04
Interest Coverage	158.45

Financial Efficiency

Return on Equity is 8.65% and Return on Invested Capital is 7.65%.

Return on Equity	8.65%
Return on Assets	6.9%
Return on Invested Capital	7.65%
Revenue Per Employee	$1.22M
Profits Per Employee	$355.17K
Employee Count	1,412
Asset Turnover	0.24
Inventory Turnover	n/a

Taxes

Income Tax	184.44M
Effective Tax Rate	24.45%

Stock Price Statistics

The stock price has increased by 16.87% in the last 52 weeks. The beta is 0.87, so Tradeweb Markets's price volatility has been higher than the market average.

Beta	0.87
52-Week Price Change	16.87%
50-Day Moving Average	138.93
200-Day Moving Average	135.39
Relative Strength Index (RSI)	45.02
Average Volume (20 Days)	1,198,109

Income Statement

In the last 12 months, Tradeweb Markets had revenue of 1.73B and earned 501.51M in profits. Earnings per share was 2.36.

Revenue	1.73B
Gross Profit	1.13B
Operating Income	678.03M
Net Income	501.51M
EBITDA	978.68M
EBIT	758.68M
Earnings Per Share (EPS)	2.36

Full Income Statement

Balance Sheet

The company has 1.34B in cash and 35.75M in debt, giving a net cash position of 1.3B.

Cash & Cash Equivalents	1.34B
Total Debt	35.75M
Net Cash	1.3B
Retained Earnings	996.76M
Total Assets	8.06B
Working Capital	1.41B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 897.74M and capital expenditures -40.96M, giving a free cash flow of 856.78M.

Operating Cash Flow	897.74M
Capital Expenditures	-40.96M
Free Cash Flow	856.78M
FCF Per Share	4.02

Full Cash Flow Statement

Margins

Gross margin is 65.66%, with operating and profit margins of 39.28% and 29.06%.

Gross Margin	65.66%
Operating Margin	39.28%
Pretax Margin	43.71%
Profit Margin	29.06%
EBITDA Margin	56.7%
EBIT Margin	39.28%
FCF Margin	49.64%

Dividends & Yields

TW pays an annual dividend of $0.56, which amounts to a dividend yield of 0.34%.

Dividend Per Share	$0.56
Dividend Yield	0.34%
Dividend Growth (YoY)	20%
Payout Ratio	21.62%
Earnings Yield	1.8%
FCF Yield	3.07%

Dividend Details

Analyst Forecast

The average price target for TW is $149, which is 10.5% higher than the current price. The consensus rating is "Buy".

Price Target	$149
Price Target Difference	10.5%
Analyst Consensus	Buy
Analyst Count	11

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$48.92
Lynch Upside	-63.71%
Graham Number	37.98
Graham Upside	-71.83%

Scores

Altman Z-Score	15.46
Piotroski F-Score	5

Tradeweb Markets Inc. (TW)