Skip to main content
Equibles
TW logo

TW · Tradeweb Markets Inc.

Track TW — free

Use TW with AI

Ask our own analyst here, or connect this data to the AI you already use.

Ask ALVIS about TW

Free, nothing to set up — ALVIS runs on the same tools and cites every figure.

or use your own AI

The free Equibles MCP server lets any client query SEC filings, earnings calls, KPIs, holdings and prices directly — read-only, OAuth-secured, cited to the filing.

ChatGPT Claude Gemini
Server URL
https://mcp.equibles.com/mcp
All connection guides →
$106.10 +2.80 (+2.71%) At close · Aug 20
Market Cap
$24.83B
Shares
234.03M

Price & Indicators

Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$106.10 Open$103.93 Day$102.89–106.80 52W close$91.50–130.41 Avg vol 30d1.5M Short int3.9M · 1.7% float · 2.2d Short vol16% Last earningsOct 29, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 30

Up next

Next earnings call
Oct 29, 2026 Scheduled · in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
Latest filing: 10-Q
filed Jul 30, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Buy Momentum Weak Sentiment Neutral Fundamentals Excellent Quant / Vol Moderate
      Market backdrop VIX 14.9 · calm Equity put/call 0.52
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg −3%
      below
      Price vs 50-day avg +5%
      above
      RSI (14) 57
      neutral
      MACD trend Positive
      52-week position 38%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Weak
      1-month return +6%
      trailing
      6-month return −14%
      trailing
      YTD return −1%
      this year
      Relative strength −25%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $101 › 200d $109 — 200d above 50d
      Institutional flow Distributing
      -4% holders QoQ · +71 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.67% of float · ▼ -7.8% MoM · 2.2 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      562 holders — mid 3-yr range
      Squeeze score 49
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +15%
      Y/Y
      EPS growth +62%
      Y/Y
      Free cash flow $1.1B
      Valuation P/E 25.3
      in line
      Buyback $334.3M
      authorized
      Balance sheet $2.1B
      net cash
      Quant / Vol
      risk profile
      Moderate
      Volatility 31%
      annualized · 1-yr
      Max drawdown −30%
      past year
      ATR 2.8%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed Jul 30, 2026
      Adjusted Expenses · Full-Year 2026 Non-GAAP Initiated $1.1B – $1.16B
      Acquisition and Refinitiv Transaction related depreciation and a · Full-Year 2026 Initiated $160M
      LSEG Market Data Contract Revenue · Full-Year 2026 Initiated $105M
      Cash capital expenditures and capitalized software development · Full-Year 2026 Initiated $107M – $117M
      Assumed non-GAAP tax rate · Full-Year 2026 Non-GAAP Initiated 23.5% – 24.5%
      Prior guidance period ended · from the 8-K filed Oct 30, 2025
      Adjusted Expenses · full-year 2025 $1B – $1.03B
      Acquisition and Refinitiv Transaction related depreciation and a · full-year 2025 $176M
      Assumed non-GAAP tax rate · full-year 2025 24.5% – 25.5%
      LSEG Market Data Contract Revenue · year ended December 31, 2025 $92M
      LSEG Market Data Contract Revenue · 4Q25 $22M
      Cash capital expenditures and capitalized software development · full-year 2025 $99M – $109M

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      0 · 5 · 2
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −3% Neutral
      Price vs 50-day avg
      +5% Bullish
      RSI (14)
      57 Neutral
      MACD trend
      Positive Bullish
      52-week position
      38% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $101 › 200d $109 — 200d above 50d
      Institutional flow Distributing
      -4% holders QoQ · +71 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.67% of float · ▼ -7.8% MoM · 2.2 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      562 holders — mid 3-yr range
      Price context
      position in its 52-week range
      Range low $92 Now $106 · 38% Range high $130
      vs 200-day avg -3% vs 50-day avg +5%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted Diluted EPS non-GAAP $2.05 Six Months Ended June 30, 2026 —
      Adjusted EBIT non-GAAP $282.55M 2Q26 —
      GAAP → non-GAAP reconciliation
      GAAP Adjusted EBITDA $304.14M
      -$61.49M Less: Depreciation and amortization
      +$39.9M Add: D&A related to acquisitions and the Refinitiv Transaction
      = Adjusted EBIT $282.55M
      Adjusted EBIT margin non-GAAP 50.6% 2Q26 —
      Adjusted Expenses non-GAAP $575.28M Six Months Ended June 30, 2026 —
      Adjusted Net Income non-GAAP $483.28M Six Months Ended June 30, 2026 —
      Cash paid for capital expenditures and capitalized software development $27.2M Q2 2026 —
      2026 Share Repurchase Program $500M fourth quarter —

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Capital Markets — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      TW
      Tradeweb Markets Inc.
      this stock
      		$24.83B -1.3% +15.1% 25.3 1.7%
      MS
      Morgan Stanley
      		 $336.46B +16.9% +5.5% 17.3 0.8%
      GS
      Goldman Sachs Group Inc
      		 $297.48B +14.0% +8.9% 15.8 2.1%
      SCHW
      Schwab Charles Corp
      		 $191.99B +9.9% +22.0% 20.2 1.2%
      HOOD
      Robinhood Markets, Inc.
      		 $86.11B -15.9% +51.6% 42.4 3.7%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Reducing
      Holders
      562
      % held
      49.9%
      Net QoQ
      -37.4K sh
      Top holder
      PRICE T ROWE ASSOCIATES I…
      Held Float
      View
      Held by Funds
      Fund positions
      510
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      3.9M
      Days to cover
      2.2d
      Change
      -330.9K sh
      View
      Short Volume
      Short vol %
      16%
      As of
      Aug 20, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      6.2K
      Value
      $619.8K
      As of
      Jul 20, 2026
      View
      Off-Exchange
      Off-exchange %
      41.3%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Buy
      Member
      Byron Donalds
      Amount
      $1.0K–$15.0K
      Traded
      Oct 9, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $2.1B
      Net income (FY)
      $812.8M
      EPS diluted
      $3.78
      View
      Buybacks
      Authorized
      $334.3M
      Remaining
      $0
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 30, 2026
      This year
      10
      View
      Proposed Sales
      Value
      $330.3K
      Shares
      3.1K
      Filed
      Aug 14, 2026
      View
      Earnings & Events
      Earnings Calls Upcoming
      Next call
      Oct 29, 2026
      Last call
      Jul 30, 2026
      View
      Investor Relations
      Upcoming events
      1
      View

      Performance

      5D 20D 120D MTD YTD
      TW +0.5% +6.3% -13.9% +5.6% -1.3%
      SPY -2.0% +3.3% +11.2% +2.1% +11.8%
      vs SPY +2.5% +3.0% -25.1% +3.5% -13.2%

      Capital returns

      Latest dividend
      $0.14 / share · ex Jun 1, 2026
      Declared · upcoming
      $0.14 / share · ex Sep 1, 2026
      Raised 16.7%
      Paid (TTM)
      $0.52 / share · 4 payouts
      Dividend yield (TTM, derived)
      0.49%
      Buyback program · as of Jun 30, 2026
      Authorized
      $334.30M
      Spent (derived)
      $334.30M
      Remaining
      $0
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1758730 CUSIP 892672106 13F (30d) 514 filings 498 filers Visit website Investor relations

      Report a Problem

      Category
      Description
      Email (optional, for follow-up)