Tradeweb Markets Inc.

NasdaqGS:TW Stock Report

Market Cap: US$29.2b

Tradeweb Markets Management

Management criteria checks 3/4

Tradeweb Markets' CEO is Billy Hult, appointed in Jan 2023, has a tenure of 2.08 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 $1.01M. The average tenure of the management team and the board of directors is 3.4 years and 3 years respectively.

Key information

Billy Hult

Chief executive officer

US$14.3m

Total compensation

CEO salary percentage5.2%
CEO tenure2.1yrs
CEO ownership0.003%
Management average tenure3.4yrs
Board average tenure3yrs

Recent management updates

Recent updates

Here's Why We Think Tradeweb Markets (NASDAQ:TW) Is Well Worth Watching

Jan 01
Here's Why We Think Tradeweb Markets (NASDAQ:TW) Is Well Worth Watching

Tradeweb Markets Inc.'s (NASDAQ:TW) Earnings Haven't Escaped The Attention Of Investors

Nov 26
Tradeweb Markets Inc.'s (NASDAQ:TW) Earnings Haven't Escaped The Attention Of Investors

Tradeweb: A High-Margin Leader In Electronic Trading

Nov 21

Tradeweb Markets: Positive Revenue Growth Momentum Continues

Nov 05

With EPS Growth And More, Tradeweb Markets (NASDAQ:TW) Makes An Interesting Case

Sep 16
With EPS Growth And More, Tradeweb Markets (NASDAQ:TW) Makes An Interesting Case

Why Investors Shouldn't Be Surprised By Tradeweb Markets Inc.'s (NASDAQ:TW) P/E

Aug 12
Why Investors Shouldn't Be Surprised By Tradeweb Markets Inc.'s (NASDAQ:TW) P/E

Tradeweb Markets: Solid Earnings Results Support Strong Growth Outlook

Jul 29

Tradeweb Markets: Remain Buy Rated As Growth Remains Very Strong

May 12

Tradeweb Markets Inc.'s (NASDAQ:TW) Price In Tune With Earnings

Apr 25
Tradeweb Markets Inc.'s (NASDAQ:TW) Price In Tune With Earnings

Tradeweb Markets: A Premium Trading Play

Apr 09

Tradeweb Markets (NASDAQ:TW) Ticks All The Boxes When It Comes To Earnings Growth

Feb 27
Tradeweb Markets (NASDAQ:TW) Ticks All The Boxes When It Comes To Earnings Growth

Tradeweb Markets: More Brokerage Than Exchange

Jan 16

Tradeweb Markets ADV climbs 17.2% Y/Y in September

Oct 06

Tradeweb and S&P Global connect primary and secondary markets in alliance

Sep 29

Tradeweb Markets ADV dips 6.4% in August, trading volume climbs

Sep 07

Tradeweb Markets goes ex-dividend tomorrow

Aug 30

CEO Compensation Analysis

How has Billy Hult's remuneration changed compared to Tradeweb Markets's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

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

Sep 30 2019n/an/a

US$72m

Jun 30 2019n/an/a

US$88m

Mar 31 2019n/an/a

US$114m

Dec 31 2018US$16mUS$660k

US$159m

Compensation vs Market: Billy's total compensation ($USD14.31M) is about average for companies of similar size in the US market ($USD12.45M).

Compensation vs Earnings: Billy's compensation has increased by more than 20% in the past year.


CEO

Billy Hult (54 yo)

2.1yrs

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

NamePositionTenureCompensationOwnership
William Hult
CEO & Director2.1yrsUS$14.31m0.0035%
$ 1.0m
Sara Furber
Chief Financial Officer3.4yrsUS$8.59mno data
Justin Peterson
Chief Technology Officer4.8yrsUS$7.15m0%
$ 0
Enrico Bruni
MD, Head of Europe & Asia Business and Co-Head of Global Markets5.9yrsUS$8.23m0.012%
$ 3.4m
Troy Dixon
Co-Head of Global Marketsless than a yearUS$279.75k0.00040%
$ 116.6k
Amy Clack
Chief Administrative Officerless than a yearno data0.0016%
$ 457.8k
Douglas Friedman
General Counsel & Secretary6.3yrsno data0.0014%
$ 411.1k
Devi Shanmugham
Global Head of Compliance3.5yrsno datano data
Michael Cohen
MD and Global Head of Marketing & Communicationsno datano datano data
Li Tsai
MD and Head of Product & Salesno datano datano data
Fred Strobel
MD & Global Head of Human Resourcesno datano datano data
Scott Zucker
Chief Risk Officerless than a yearno data0.0015%
$ 443.2k

3.4yrs

Average Tenure

54yo

Average Age

Experienced Management: TW's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Hult
CEO & Director5.9yrsUS$14.31m0.0035%
$ 1.0m
Steven Berns
Independent Director4.8yrsUS$296.00k0.00071%
$ 207.0k
Jacques Alfred Aigrain
Independent Chairman2.5yrsUS$409.50k0.00067%
$ 195.3k
Scott Ganeles
Independent Director5.9yrsUS$299.50k0.0041%
$ 1.2m
Lisa Opoku
Independent Directorless than a yearno datano data
Daniel Maguire
Directorless than a yearno datano data
Catherine Johnson
Director1.8yrsno datano data
Rana Yared
Independent Director2.5yrsUS$233.50kno data
Paula Madoff
Lead Independent Director5.9yrsUS$411.00k0.0041%
$ 1.2m
Balbir Bakhshi
Director3.6yrsno datano data

3.0yrs

Average Tenure

54yo

Average Age

Experienced Board: TW's board of directors are considered experienced (3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 07:57
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Tradeweb Markets Inc. is covered by 19 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin BudishBarclays
Jeremy CampbellBarclays
Craig SiegenthalerBofA Global Research