Tradeweb Markets (FRA:4T0) EV-to-EBIT: 16.36 (As of Aug. 22, 2026) — 55% Below Median

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FRA:4T0 Tradeweb Markets Inc FRA:4T0
87 GF Score
Price €89.42
GF Value €137.87
! 1 Warning Sign
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What is Tradeweb Markets EV-to-EBIT?

Tradeweb Markets FRA:4T0 +2.52% 87 EV-to-EBIT is 16.36 as of Aug. 22, 2026, which is 55% below its 10-year median of 36.40. GuruFocus rates FRA:4T0 with a GF Score™ of 87/100 and a GF Value™ of €137.87. The stock has 1 warning sign investors should review. Among 497 Capital Markets companies, Tradeweb Markets ranks worse than 67% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tradeweb Markets's Enterprise Value is €18,291 Mil. Tradeweb Markets's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,118 Mil. Therefore, Tradeweb Markets's EV-to-EBIT for today is 16.36.

The historical rank and industry rank for Tradeweb Markets's EV-to-EBIT or its related term are showing as below:

FRA:4T0' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.98   Med: 36.4   Max: 58.71
Current: 16.4

During the past 10 years, the highest EV-to-EBIT of Tradeweb Markets was 58.71. The lowest was 14.98. And the median was 36.40.

FRA:4T0's EV-to-EBIT is ranked worse than
67% of 497 companies
in the Capital Markets industry
Industry Median: 9.69 vs FRA:4T0: 16.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tradeweb Markets's Enterprise Value for the quarter that ended in Jun. 2026 was €16,111 Mil. Tradeweb Markets's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,118 Mil. Tradeweb Markets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.94%.


Tradeweb Markets  (FRA:4T0) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Tradeweb Markets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=1118.063/16110.96844
=6.94 %

Tradeweb Markets's Enterprise Value for the quarter that ended in Jun. 2026 was €16,111 Mil.
Tradeweb Markets's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,118 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tradeweb Markets EV-to-EBIT Related Terms


Tradeweb Markets EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tradeweb Markets's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tradeweb Markets EV-to-EBIT Chart

Tradeweb Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.00 29.27 32.99 35.81 18.34

Tradeweb Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.23 24.25 18.34 19.04 15.24

FRA:4T0 vs LPLA, CRCL, FUTU: EV-to-EBIT Comparison

For the Capital Markets subindustry, Tradeweb Markets's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tradeweb Markets EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tradeweb Markets's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tradeweb Markets's EV-to-EBIT falls into.


FRA:4T0
87GF Score
Tradeweb Markets Inc FRA:4T0
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tradeweb Markets EV-to-EBIT Calculation

Tradeweb Markets's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=18291.332/1118.063
=16.36

Tradeweb Markets's current Enterprise Value is €18,291 Mil.
Tradeweb Markets's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,118 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 16.36 mean?
Tradeweb Markets (FRA:4T0) has a EV-to-EBIT of 16.36 as of Aug. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tradeweb Markets and its competitors. This is 55% below median its historical median of 36.40. Over the past decade, Tradeweb Markets' EV-to-EBIT has ranged from 14.98 to 58.71. According to the industry distribution chart, Tradeweb Markets ranks #333 out of 497 companies in the Capital Markets industry, placing it in the top 67%.
Is Tradeweb Markets' EV-to-EBIT too high?
Tradeweb Markets' current EV-to-EBIT of 16.36 is 55% below median its 10-year median of 36.40. Over the past 10 years, this metric has ranged from a low of 14.98 to a high of 58.71. The Capital Markets industry median EV-to-EBIT is 9.69. Tradeweb Markets' value of 16.36 is 68.8% above this industry median. Based on the distribution chart, Tradeweb Markets ranks #333 out of 497 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Tradeweb Markets has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Tradeweb Markets' EV-to-EBIT compare to LPLA and CRCL?
According to the Capital Markets industry distribution chart, Tradeweb Markets ranks #333 out of 497 companies for EV-to-EBIT. This places Tradeweb Markets in the lower half of its industry. The industry median EV-to-EBIT is 9.69. Tradeweb Markets' value of 16.36 is 68.8% above this benchmark. Historically, Tradeweb Markets' own EV-to-EBIT has ranged from 14.98 to 58.71 over the past decade. While the company's 10-year median is 36.40 vs. the industry median of 9.69, Tradeweb Markets has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.69, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tradeweb Markets's current EV-to-EBIT of 16.36 is 68.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tradeweb Markets and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradeweb Markets's current EV-to-EBIT is 16.36, which is 55% below median its own 10-year median of 36.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradeweb Markets stock overvalued right now?
Tradeweb Markets (FRA:4T0) has a current EV-to-EBIT of 16.36. The stock's GF Value™ is €137.87, compared to a current price of €89.42 — trading 35.1% below its estimated fair value. The current EV-to-EBIT is 16.36, which is 55% below median its 10-year median of 36.40 and 68.8% above the Capital Markets industry median of 9.69. Tradeweb Markets' overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Tradeweb Markets (FRA:4T0), the current EV-to-EBIT is 16.36 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tradeweb Markets (FRA:4T0) Overvalued in 2026?

Based on GuruFocus' analysis, Tradeweb Markets stock appears to be undervalued. The current stock price of €89.42 is trading 35.1% below its estimated GF Value™ of €137.87.

Key valuation signals for FRA:4T0:

  • EV-to-EBIT: 16.36 (55% below median its 10-year median of 36.40)
  • GF Value™: €137.87 vs. price of €89.42 (35.1% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 68.8% above the Capital Markets median (#333 of 497)

No single metric tells the full story. See the FRA:4T0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradeweb Markets Business Description

Other Exchanges TW:USA
Address 245 Park Avenue, New York, NY, USA, 10167
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
87GF Score

Get the complete analysis for FRA:4T0

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€89.42
Price
€137.87
GF Value