Tradeweb Markets Management
Management criteria checks 2/4
Tradeweb Markets' CEO is Billy Hult, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is $14.31M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth $1.10M. The average tenure of the management team and the board of directors is 3.3 years and 2.3 years respectively.
Key information
Billy Hult
Chief executive officer
US$14.3m
Total compensation
| CEO salary percentage | 5.2% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.003% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
Tradeweb Markets Inc.'s (NASDAQ:TW) Earnings Haven't Escaped The Attention Of Investors
Nov 26
Tradeweb: A High-Margin Leader In Electronic Trading
Nov 21Tradeweb Markets: Positive Revenue Growth Momentum Continues
Nov 05With EPS Growth And More, Tradeweb Markets (NASDAQ:TW) Makes An Interesting Case
Sep 16Why Investors Shouldn't Be Surprised By Tradeweb Markets Inc.'s (NASDAQ:TW) P/E
Aug 12Tradeweb Markets: Solid Earnings Results Support Strong Growth Outlook
Jul 29Tradeweb Markets: Remain Buy Rated As Growth Remains Very Strong
May 12Tradeweb Markets Inc.'s (NASDAQ:TW) Price In Tune With Earnings
Apr 25Tradeweb Markets: A Premium Trading Play
Apr 09Tradeweb Markets (NASDAQ:TW) Ticks All The Boxes When It Comes To Earnings Growth
Feb 27Unpleasant Surprises Could Be In Store For Tradeweb Markets Inc.'s (NASDAQ:TW) Shares
Jan 22Tradeweb Markets: More Brokerage Than Exchange
Jan 16Tradeweb Markets ADV climbs 17.2% Y/Y in September
Oct 06Tradeweb and S&P Global connect primary and secondary markets in alliance
Sep 29Tradeweb Markets ADV dips 6.4% in August, trading volume climbs
Sep 07Tradeweb Markets goes ex-dividend tomorrow
Aug 30Tradeweb Markets Non-GAAP EPS of $0.47 beats by $0.01, revenue of $297.14M misses by $0.86M
Aug 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$448m |
| Jun 30 2024 | n/a | n/a | US$433m |
| Mar 31 2024 | n/a | n/a | US$403m |
| Dec 31 2023 | US$14m | US$750k | US$364m |
| Sep 30 2023 | n/a | n/a | US$364m |
| Jun 30 2023 | n/a | n/a | US$335m |
| Mar 31 2023 | n/a | n/a | US$314m |
| Dec 31 2022 | US$10m | US$660k | US$309m |
| Sep 30 2022 | n/a | n/a | US$269m |
| Jun 30 2022 | n/a | n/a | US$255m |
| Mar 31 2022 | n/a | n/a | US$242m |
| Dec 31 2021 | US$13m | US$660k | US$227m |
| Sep 30 2021 | n/a | n/a | US$233m |
| Jun 30 2021 | n/a | n/a | US$215m |
| Mar 31 2021 | n/a | n/a | US$190m |
| Dec 31 2020 | US$11m | US$660k | US$166m |
| Sep 30 2020 | n/a | n/a | US$153m |
| Jun 30 2020 | n/a | n/a | US$145m |
| Mar 31 2020 | n/a | n/a | US$128m |
| Dec 31 2019 | US$10m | US$660k | US$84m |
| Sep 30 2019 | n/a | n/a | US$72m |
| Jun 30 2019 | n/a | n/a | US$88m |
| Mar 31 2019 | n/a | n/a | US$114m |
| Dec 31 2018 | US$16m | US$660k | US$159m |
Compensation vs Market: Billy's total compensation ($USD14.31M) is about average for companies of similar size in the US market ($USD12.85M).
Compensation vs Earnings: Billy's compensation has increased by more than 20% in the past year.
CEO
Billy Hult (54 yo)
1.9yrs
Tenure
US$14,307,658
Compensation
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.9yrs | US$14.31m | 0.0035% $ 1.1m | |
| Chief Financial Officer | 3.3yrs | US$8.59m | no data | |
| Chief Technology Officer | 4.7yrs | US$7.15m | 0.000020% $ 6.4k | |
| MD and Head of Europe & Asia Business | 5.8yrs | US$8.23m | 0.0079% $ 2.5m | |
| Chief Administrative Officer | less than a year | no data | no data | |
| General Counsel & Secretary | 6.1yrs | no data | 0.0014% $ 452.6k | |
| Global Head of Compliance | 3.3yrs | no data | no data | |
| MD and Global Head of Marketing & Communications | no data | no data | no data | |
| MD and Head of Product & Sales | no data | no data | no data | |
| MD & Global Head of Human Resources | no data | no data | no data | |
| Chief Risk Officer | less than a year | no data | 0.0015% $ 484.5k | |
| MD & Head of Asia | 3.9yrs | no data | no data |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: TW's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.8yrs | US$14.31m | 0.0035% $ 1.1m | |
| Independent Director | 4.7yrs | US$296.00k | 0.00071% $ 226.3k | |
| Independent Chairman | 2.3yrs | US$409.50k | 0.00067% $ 213.6k | |
| Independent Director | 5.8yrs | US$299.50k | 0.0041% $ 1.3m | |
| Independent Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | 1.6yrs | no data | no data | |
| Independent Director | 2.3yrs | US$233.50k | no data | |
| Lead Independent Director | 5.8yrs | US$411.00k | 0.0041% $ 1.3m | |
| Director | 3.4yrs | no data | no data | |
| Independent Director | 1.8yrs | US$279.75k | no data |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Board: TW's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 18:51 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tradeweb Markets Inc. is covered by 21 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Budish | Barclays |
| Jeremy Campbell | Barclays |
| Craig Siegenthaler | BofA Global Research |