Tradeweb Markets Inc. Class A Common Stock (TW)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I look for a durable business, honest earnings, low leverage, and a sensible price. Tradeweb operates electronic marketplaces across rates, credit, equities and money markets, which can create network effects and sticky institutional relationships. The filed numbers show growth: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $558.9 million and net income $181.3 million, versus fiscal Q2 2025, the quarter ended 2025-06-30, revenue $513.0 million and net income $153.8 million, about 9% revenue and 18% profit growth. Over the longer filed record, fiscal year 2023, period ended 2023-12-31, revenue was $1.3 billion and net income $364.9 million; fiscal year 2024, period ended 2024-12-31, revenue was $1.7 billion and net income $501.5 million; and fiscal year 2025, period ended 2025-12-31, revenue was $2.1 billion and net income $812.8 million. That is a fast grower, and FairStock's Lynch category confirms Fast Grower on 37.3% five-year profit growth and 18.1% revenue growth. Balance sheet leverage looks modest: D/E 0.02. FairStock calculations at the 2026-10-13 close of $109.98 show P/E 26.25, P/B 3.54, ROE 14.47%, ROCE 12.48%, PEG 1.47 and a 60/100 FairStock score. The price is not cheap; a PEG above 1 and P/B above 3.5 demand continued execution. I would also want CET1, NIM or combined ratio, but those bank-specific measures are not in the data. Piotroski 6/9 is decent, not flawless. Conclusion: quality grower, fair-to-full price, watch margin and sequential momentum.

In plain English: Tradeweb runs electronic marketplaces where financial firms trade rates, credit, equities and money markets. It has grown revenue and profit over the last few years and carries very little debt. At the recent price, the stock looks fairly valued to a bit expensive for that growth, and the dividend is small.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer