Tradeweb Markets Inc.

NasdaqGS:TW 株式レポート

時価総額:US$24.2b

Tradeweb Markets マネジメント

マネジメント 基準チェック /24

Tradeweb Marketsの CEO はBilly Hultで、 Jan2023年に任命され、 の在任期間は 3.58年です。 の年間総報酬は$ 20.62Mで、 4.8%給与と95.2%のボーナス(会社の株式とオプションを含む)で構成されています。 は、会社の株式の0.035%を直接所有しており、その価値は$ 8.56M 。経営陣と取締役会の平均在任期間はそれぞれ4.3年と4年です。

主要情報

Billy Hult

最高経営責任者

US$20.6m

報酬総額

CEO給与比率4.85%
CEO在任期間3.6yrs
CEOの所有権0.04%
経営陣の平均在職期間4.3yrs
取締役会の平均在任期間4yrs

経営陣の近況

Recent updates

ナラティブ更新 Aug 10

TW: Growing Volumes And Private Credit Data Network Will Support Future Upside

Analysts have revised their price target for Tradeweb Markets to $165.92 from $178.11, reflecting updated assumptions for revenue growth, profit margins, and future P/E expectations. What’s in the News for Tradeweb Markets Tradeweb Markets reported July 2026 total trading volume of $67.5 trillion and average daily volume of $2.9 trillion, with the company citing strong client activity across U.S. and European government bonds, swaps and swaptions, credit, equities, and money markets as key drivers.
ナラティブ更新 Jul 27

TW: Record Volumes And Expanding Data Network Support Steady Long-Term Upside Potential

Analysts have trimmed their price targets for Tradeweb Markets from $109.00 to $105.00, citing updated assumptions that combine slightly higher revenue growth expectations with a higher discount rate, as well as somewhat lower projected profit margins and future P/E levels. What’s in the News for Tradeweb Markets Tradeweb Markets reported record June 2026 trading volume of $69.7 trillion and average daily volume of $3.2 trillion, with second quarter 2026 volume of $194.2 trillion and revenue of $617.8 million, according to company operating results and the primary news summary.
ナラティブ更新 Jul 13

TW: Record Volumes And Tokenization Progress Will Support Further Upside

Analysts trimmed their fair value estimate for Tradeweb Markets by $5.00 to $129.86, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E. These changes collectively point to a slightly more measured outlook on the stock's valuation.
ナラティブ更新 Jun 29

TW: Expanding Event Data And AI Tools Will Support Long-Term Upside Potential

Analysts have trimmed their price target on Tradeweb Markets from $112.00 to $109.00. This change reflects updated assumptions for revenue growth, profit margins and a slightly lower future P/E multiple within their valuation models.
ナラティブ更新 Jun 15

TW: Persistent Electronification And Record Volumes Will Support Further Upside

Analysts have nudged their fair value estimate for Tradeweb Markets up from $132.31 to $134.86 as they factor in slightly higher long term profit margins and a lower future P/E assumption, while keeping revenue growth and discount rate expectations broadly in line. What's in the News Tradeweb reported May 2026 total trading volume of $62.3 trillion and average daily volume (ADV) of $3.0 trillion, with ADV up 18.3% year over year, according to the company’s May production report.
ナラティブ更新 Jun 01

TW: Record Trading Volumes And Higher Margins Will Support Long-Term Upside Potential

Analysts have maintained their $112 price target on Tradeweb Markets, citing slightly adjusted assumptions around discount rates, revenue growth, profit margins, and future P/E as the key factors behind their unchanged view. What's in the News Stockholders approved amendments to the Certificate of Incorporation on May 19, 2026, including provisions that limit monetary liability for certain officers in specific situations and add a federal forum selection clause for Securities Act claims.
ナラティブ更新 May 15

TW: Expanding Volumes And Data Partnerships Will Support Future Upside

Analysts have nudged their fair value estimate for Tradeweb Markets to $178.11 from $174.54, reflecting updated views on slightly lower revenue growth, a modestly higher discount rate, a somewhat stronger profit margin profile, and a small adjustment to the implied future P/E multiple. What's in the News Reported April 2026 production results with total trading volume of $62.2 trillion and average daily volume (ADV) of $2.9 trillion, with ADV up 7.7% year over year (Announcement of Operating Results).
ナラティブ更新 Apr 29

TW: Record Volumes And New Partnerships Will Support Measured Long-Term Prospects

Analysts have nudged their price target for Tradeweb Markets up by $2 to $112, linking this to updated assumptions around revenue growth, profit margins, a slightly lower discount rate, and a revised future P/E expectation. What's in the News Tradeweb reported March 2026 total trading volume of $87.0tn with record average daily volume (ADV) of $3.8tn, and first quarter 2026 total trading volume of $214.3tn with record ADV of $3.3tn and preliminary average variable fees of $2.21 per million and fixed fees of $97.0m across asset classes (Announcement of operating results).
ナラティブ更新 Apr 15

TW: Record Volumes And New Partnerships Will Support Future Upside

Analysts have reduced their price target on Tradeweb Markets to about $175 from roughly $177, citing updated assumptions that combine a slightly different discount rate with revised expectations for revenue growth, profit margins, and future price-to-earnings (P/E) levels. What's in the News Reported record March 2026 trading activity, with total trading volume of $87.0tn and record average daily volume (ADV) of $3.8tn, a 41.8% YoY increase in ADV.
ナラティブ更新 Apr 01

TW: Record Volumes And New Partnerships Will Support Further Upside

Analysts have nudged their fair value estimate for Tradeweb Markets higher from about $127.08 to roughly $132.31, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that feed into their price target work. What's in the News Reported February 2026 production results with total trading volume of $61.8 trillion and average daily volume of $3.1 trillion, with ADV described as 23.4% higher year over year (Announcement of Operating Results).
ナラティブ更新 Mar 17

TW: New Data Partnerships And Mortgage Platform Will Support Future Upside

Analysts have nudged their price target for Tradeweb Markets slightly lower to $177.37 from $177.46, citing small adjustments to revenue growth, profit margin, and future P/E assumptions, rather than any major shift in the story. What's in the News Reported February 2026 total trading volume of $61.8t, with average daily volume of $3.1t, described as a 23.4% year-over-year increase in ADV (announcement of operating results).
ナラティブ更新 Mar 02

TW: New Data Partnerships And Mortgage Platform Will Support Future Upside

Analysts have increased their average price target for Tradeweb Markets to $177.46 from $177.41, reflecting updated assumptions that include slightly stronger revenue growth, higher profit margins, and a modestly lower discount rate and future P/E. What's in the News Tradeweb and Kalshi agreed to work together to expand institutional access to Kalshi prediction market data and analytics through Tradeweb's global electronic trading platform, with Tradeweb also taking a minority stake in Kalshi (Client Announcements).
ナラティブ更新 Feb 16

TW: Record Volumes And Mortgage Collaboration Will Support Future Upside

Analysts have raised their fair value estimate for Tradeweb Markets from $165.57 to $177.41, reflecting updated assumptions for slightly lower discount rates, modestly higher revenue growth, a reduced profit margin, and a higher future P/E multiple. What's in the News Tradeweb and MAXEX entered a commercial collaboration focused on U.S. residential mortgages, with Tradeweb also making an investment in MAXEX to link Tradeweb's network of over 3,000 clients with MAXEX's roughly 400 mortgage lenders and institutional investors (Key Developments).
Seeking Alpha Feb 10

Tradeweb Markets: Rerated To More Interesting Levels

Summary Tradeweb Markets has delivered robust sales and earnings growth, reducing its premium valuation to a more appealing level. Tradeweb's organic revenue growth in the high teens and clean earnings underscore strong operational execution and market share gains. Management's focus on innovation, including tokenization and digital assets, positions Tradeweb for continued outperformance. I am increasingly constructive on Tradeweb, targeting an entry point at or below $100 per share. Read the full article on Seeking Alpha
ナラティブ更新 Feb 02

TW: Record Volumes And Higher Margins Will Support Future Upside

Analysts have trimmed their fair value estimate for Tradeweb Markets from about US$193.23 to around US$165.57, reflecting updated assumptions for slightly lower revenue growth, a higher profit margin near 37%, and a reduced future P/E multiple. What's in the News Launched multi-asset package trading for USD-denominated swaps on the Tradeweb swap execution facility.
ナラティブ更新 Jan 19

TW: Record Volumes And On-Chain Benchmarks Will Support Further Upside

Analysts have reduced their price target on Tradeweb Markets from about US$128.77 to roughly US$127.08, citing updated assumptions for revenue growth, profit margins, and future P/E that modestly adjust their valuation framework. What's in the News Tradeweb reported record total trading volume of US$63.0 trillion for December 2025, with average daily volume of US$2.8 trillion and preliminary average variable fees of US$2.041 per million traded, plus US$95.8 million in preliminary fixed fees for rates, credit, equities and money markets (Announcement of Operating Results).
ナラティブ更新 Jan 05

TW: Record Volumes And New Platforms Will Support Measured Long-Term Prospects

Analysts are maintaining their fair value estimate for Tradeweb Markets at US$110.00, with updated assumptions that include a slightly lower discount rate, higher projected revenue growth and profit margins, and a lower future P/E multiple. What's in the News Tradeweb reported record total trading volume of $56.8 trillion for November 2025, with average daily volume of $2.9 trillion and a 22.3% year-over-year (YoY) increase in ADV.
ナラティブ更新 Dec 16

TW: Record Volumes And New Platforms Will Support Steady Long-Term Performance

Analysts have modestly raised their price target on Tradeweb Markets to 110 dollars from about 108 dollars, citing expectations for stronger top line growth that more than offset slightly lower margin forecasts and a reduced future valuation multiple. What's in the News Reported record total trading volume of 56.8 trillion dollars for November 2025, with average daily volume up 22.3 percent year over year to 2.9 trillion dollars (company production update).
ナラティブ更新 Dec 02

TW: On-Chain Data Linkage And Rising Volumes Will Fuel Further Upside

Analysts have slightly lowered their price target for Tradeweb Markets from $131 to approximately $128.77. This change reflects modest adjustments in growth outlook and profitability expectations.
ナラティブ更新 Nov 18

TW: On-Chain Partnership And Trading Volume Set To Drive Further Gains

Analysts have slightly lowered their price target for Tradeweb Markets to $131.00 from $131.87, citing minor adjustments in the discount rate and profitability assumptions. What's in the News Tradeweb and Chainlink have partnered to publish the Tradeweb FTSE U.S. Treasury Benchmark Closing Prices on-chain via DataLink, aiming to bring greater flexibility and transparency to U.S. Treasury markets.
ナラティブ更新 Nov 03

TW: Profitability Margins And Electronic Market Advances Will Support Stronger Momentum

Analysts have slightly lowered their price target for Tradeweb Markets from $134.33 to $131.87, citing modest adjustments in projected revenue growth and fair value estimates, along with improved profit margins. What's in the News Completed the first-ever fully electronic request-for-market (RFM) swaption package trade.
ナラティブ更新 Oct 20

Automated Trading And Digital Assets Will Drive Global Connectivity

Narrative Update on Tradeweb Markets Analysts have lowered their fair value estimate for Tradeweb Markets from $147.47 to $134.33. This change reflects reduced revenue growth expectations and a slightly lower discount rate in their updated forecasts.
ナラティブ更新 Oct 05

Automated Trading And Digital Assets Will Drive Global Connectivity

Analysts have slightly lowered the fair value estimate for Tradeweb Markets from $150.27 to $147.47 per share. This change is due to minor adjustments in the discount rate, expected revenue growth, and profit margin assumptions.
ナラティブ更新 Sep 19

Automated Trading And Digital Assets Will Drive Global Connectivity

The significant decline in Tradeweb Markets' future P/E multiple, while revenue growth expectations remained steady, suggests improved valuation discipline among analysts and has led to a slight reduction in the consensus price target from $152.13 to $150.27. What's in the News July trading volume reached $55.0 trillion, with average daily volume up 30.7% year-over-year; excluding the ICD acquisition, ADV increased 17.2% year-over-year.
分析記事 Sep 09

Do Tradeweb Markets' (NASDAQ:TW) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha Feb 10

Tradeweb: The Bull Case Remains Intact Following Strong Q4 Results

Summary Tradeweb Markets shares have surged 42% since my initial Strong Buy recommendation. TW reported Q4 earnings which beat consensus estimates. TW's valuation premium relative to the S&P 500 and peers has decreased since the time of my prior piece. Investors should continue to monitor the threat of increasing competition. I am re-iterating my Strong Buy rating on the stock. Read the full article on Seeking Alpha
Seeking Alpha Nov 21

Tradeweb: A High-Margin Leader In Electronic Trading

Summary Tradeweb's robust technology investments have driven significant returns, with a 25% increase in tech investments from 2021 to 2023 and expanding EBITDA margins. TW generates substantial free cash flow and maintains over 25% net profit margins, positioning it as a high-margin, high-fee business for institutional clients. Tradeweb's revenue and net income are expected to continue growing, benefiting from increased trading volumes and international market share amid global economic shifts. Investors should anticipate continued profitability and growth, with potential revenue line items producing +15% growth rates into 2025, bolstered by favorable market conditions and strategic leadership. Read the full article on Seeking Alpha
Seeking Alpha Nov 05

Tradeweb Markets: Positive Revenue Growth Momentum Continues

Summary Tradeweb Markets reported strong 3Q24 results, driven by robust growth across all major asset classes, particularly rates and credit. The ongoing decline in interest rates is expected to benefit TW's derivatives business. The recent acquisition of ICD opens up new opportunities for cross-selling and revenue synergies. Read the full article on Seeking Alpha
User avatar
新しいナラティブ Aug 20

Expanding Electronic Trading Horizons Sparks Revenue Surge And Margin Growth

Expanding electronic trading across various fixed income products and investing in technology drives revenue growth through increased market share.
Seeking Alpha Jul 29

Tradeweb Markets: Solid Earnings Results Support Strong Growth Outlook

Summary Buy rating for TW due to faster than expected growth, solid 2Q24 performance, and market share gains. Revenue growth across all asset classes in 2Q24 exceeded expectations, with total net revenue growing 30% y/y to $405 million. Acquisition of ICD will enhance TW's distribution capabilities and provide a comprehensive solution for fixed income management, supporting strong growth ahead. Read the full article on Seeking Alpha

CEO報酬分析

Tradeweb Markets の収益と比較して、Billy Hult の報酬はどのように変化したか?
日付総報酬給与会社業績
Jun 30 2026n/an/a

US$897m

Mar 31 2026n/an/a

US$869m

Dec 31 2025US$21mUS$1m

US$812m

Sep 30 2025n/an/a

US$629m

Jun 30 2025n/an/a

US$558m

Mar 31 2025n/an/a

US$523m

Dec 31 2024US$17mUS$750k

US$501m

Sep 30 2024n/an/a

US$448m

Jun 30 2024n/an/a

US$433m

Mar 31 2024n/an/a

US$403m

Dec 31 2023US$14mUS$750k

US$364m

Sep 30 2023n/an/a

US$364m

Jun 30 2023n/an/a

US$335m

Mar 31 2023n/an/a

US$314m

Dec 31 2022US$10mUS$660k

US$309m

Sep 30 2022n/an/a

US$269m

Jun 30 2022n/an/a

US$255m

Mar 31 2022n/an/a

US$242m

Dec 31 2021US$13mUS$660k

US$227m

Sep 30 2021n/an/a

US$233m

Jun 30 2021n/an/a

US$215m

Mar 31 2021n/an/a

US$190m

Dec 31 2020US$11mUS$660k

US$166m

Sep 30 2020n/an/a

US$153m

Jun 30 2020n/an/a

US$145m

Mar 31 2020n/an/a

US$128m

Dec 31 2019US$10mUS$660k

US$84m

報酬と市場: Billyの 総報酬 ($USD 20.62M ) は、 US市場 ($USD 14.50M ) の同規模の企業の平均を上回っています。

報酬と収益: Billyの報酬は過去 1 年間で 20% 以上増加しました。


CEO

Billy Hult (56 yo)

3.6yrs
在職期間
US$20,620,952
報酬

Mr. William E. Hult, also known as Billy, serves as a Director at Tradeweb Markets Inc and served as its President since March 2019 until February 2022 and serves as its Chief Executive Officer from Januar...


リーダーシップ・チーム

名称ポジション在職期間報酬所有権
William Hult
CEO & Director3.6yrsUS$20.62m0.035%
$ 8.6m
Sara Furber
Chief Financial Officer4.9yrsUS$7.90mデータなし
Justin Peterson
Chief Technology Officer6.3yrsUS$5.35m0%
$ 0
Enrico Bruni
Managing Director & Co-Head of Global Markets7.4yrsUS$7.79m0.041%
$ 9.9m
Troy Dixon
Managing Director & Co-Head of Global Markets1.6yrsUS$7.29m0.0015%
$ 357.8k
Amy Clack
Chief Administrative Officer & Chief Risk Officer2yrsUS$4.56m0.0028%
$ 669.7k
Ashley Serrao
MD, Head of Treasuryno dataデータなしデータなし
Douglas Friedman
Chief Legal Officer7.8yrsデータなし0.0014%
$ 343.3k
Devi Shanmugham
Global Head of Compliance5yrsデータなしデータなし
Li Tsai
MD and Head of Product & Salesno dataデータなしデータなし
Sandra Hurse
Chief People Officerless than a yearデータなしデータなし
Scott Zucker
Chief Risk Officer2yrsデータなし0.0015%
$ 372.3k
4.3yrs
平均在職期間
56yo
平均年齢

経験豊富な経営陣: TWの経営陣は 経験豊富 であると考えられます ( 4.3年の平均在職年数)。


取締役

名称ポジション在職期間報酬所有権
William Hult
CEO & Director7.4yrsUS$20.62m0.035%
$ 8.6m
Steven Berns
Independent Director6.3yrsUS$318.69k0.0023%
$ 560.9k
Jacques Alfred Aigrain
Independent Chairman4yrsUS$511.65k0.0045%
$ 1.1m
Richard Repetto
Independent Director1.4yrsUS$332.92k0.00073%
$ 176.5k
Scott Ganeles
Independent Director7.4yrsUS$296.47k0.0065%
$ 1.6m
Lisa Opoku
Independent Director2.4yrsUS$298.43k0.0013%
$ 323.9k
Daniel Maguire
Director1.9yrsデータなしデータなし
Catherine Johnson
Director3.3yrsデータなしデータなし
Rana Yared
Independent Director4yrsUS$299.87k0.0012%
$ 297.4k
Paula Madoff
Lead Independent Director7.4yrsUS$415.14k0.0071%
$ 1.7m
Balbir Bakhshi
Director5.1yrsデータなしデータなし
4.0yrs
平均在職期間
57yo
平均年齢

経験豊富なボード: TWの 取締役会経験豊富 であると考えられます ( 4年の平均在任期間)。


企業分析と財務データの現状

データ最終更新日(UTC時間)
企業分析2026/08/20 02:10
終値2026/08/20 00:00
収益2026/06/30
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドYouTubeのチュートリアルも用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Tradeweb Markets Inc. 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。19

アナリスト機関
Jeremy CampbellBarclays
Benjamin BudishBarclays
Craig SiegenthalerBofA Global Research