Tradeweb Markets (TW) Price to Earnings (2019 - 2026)
Tradeweb Markets' Price to Earnings came in at 26.01 for Q2 2026, down 58.1% from 62.00 a year earlier and down 18.6% from the prior quarter.
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Analysis
Tradeweb Markets (TW) Price to Earnings (2019 - 2026) Analysis & Trends
For FY2025, Tradeweb Markets' Price to Earnings was 31.16, down 49.4% from FY2024.
- Going back by year, Price to Earnings was 61.60 in FY2024 (+5.2%), 58.56 in FY2023 (+19.2%), 49.12 in FY2022 (-44.8%) and 88.92 in FY2021 (+3.4%).
- The Q2 2026 figure represents the lowest quarterly Price to Earnings in data going back to Q2 2019.
- Year-over-year, Price to Earnings has declined for four consecutive quarters, with an average decline of 18.4% over the last eight quarters.
- The fastest year-over-year change in Price to Earnings over five years came in Q3 2024 (growth of 26.1%), and the weakest in Q2 2026 (a decline of 58.1%).
- Business Quant data shows TW's Price to Earnings at 31.93 (Q1 2026), 31.16 (Q4 2025) and 41.66 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 99.92 Bn | 81.02 Bn | - |
| 2 | Bank of New York Mellon | 97.64 Bn | 37.02 Bn | - |
| 3 | Cme | 95.24 Bn | 95.24 Bn | - |
| 4 | Intercontinental Exchange | 84.98 Bn | 78.79 Bn | - |
| 5 | Nasdaq | 51.52 Bn | 48.95 Bn | 1.50 Bn |
| 6 | State Street | 47.96 Bn | 47.96 Bn | - |
| 7 | Interactive Brokers | 38.66 Bn | 32.12 Bn | - |
| 8 | Northern Trust | 30.96 Bn | 30.96 Bn | - |
| 9 | Cboe Global Markets | 29.00 Bn | 20.65 Bn | 731.60 Mn |
| 10 | Tradeweb Markets | 24.19 Bn | 16.90 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.01 |
| Mar 31, 2026 | 31.93 |
| Dec 31, 2025 | 31.16 |
| Sep 30, 2025 | 41.66 |
| Jun 30, 2025 | 62.00 |
| Mar 31, 2025 | 67.02 |
| Dec 31, 2024 | 61.60 |
| Sep 30, 2024 | 65.12 |
| Jun 30, 2024 | 57.80 |
| Mar 31, 2024 | 61.03 |
| Dec 31, 2023 | 58.56 |
| Sep 30, 2023 | 51.65 |
| Jun 30, 2023 | 47.98 |
| Mar 31, 2023 | 59.02 |
| Dec 31, 2022 | 49.12 |
| Sep 30, 2022 | 43.10 |
| Jun 30, 2022 | 54.74 |
| Mar 31, 2022 | 74.11 |
| Dec 31, 2021 | 88.92 |
| Sep 30, 2021 | 70.12 |
API Access
Tradeweb Markets Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();