Tradeweb Markets (FRA:4T0) Goodwill: €2,725 Mil (As of Mar. 2026)


FRA:4T0 Tradeweb Markets Inc FRA:4T0
94 GF Score
Price €87.82
GF Value €140.66
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Tradeweb Markets Goodwill?

Tradeweb Markets FRA:4T0 +2.02% 94 Goodwill is €2,725 Mil as of Mar. 2026. GuruFocus rates FRA:4T0 with a GF Score™ of 94/100 and a GF Value™ of €140.66 (Significantly Undervalued). The stock has 1 warning sign investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Tradeweb Markets's goodwill for the quarter that ended in Mar. 2026 was €2,725 Mil.


Tradeweb Markets  (FRA:4T0) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Tradeweb Markets's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=2690.196/6993.882
=0.38

Tradeweb Markets's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=2724.847/7175.823
=0.38

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Tradeweb Markets Goodwill Related Terms


Tradeweb Markets Goodwill Historical Data

* Premium members only.

The historical data trend for Tradeweb Markets's Goodwill 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 Goodwill Chart

Tradeweb Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,460.53 2,624.56 2,581.84 3,008.36 2,690.20

Tradeweb Markets Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 2,913.85 2,731.15 2,683.90 2,690.20 2,724.85
FRA:4T0
94GF Score
Tradeweb Markets Inc FRA:4T0
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Tradeweb Markets Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of €2,725 Mil mean?
Tradeweb Markets (FRA:4T0) has a Goodwill of €2,725 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Tradeweb Markets and its competitors.
Is Tradeweb Markets' Goodwill too high?
Tradeweb Markets' current Goodwill is €2,725 Mil. Overall, Tradeweb Markets has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tradeweb Markets' Goodwill compare to LPLA and CRCL?
Tradeweb Markets' Goodwill of €2,725 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Capital Markets company?
A good Goodwill depends on the Capital Markets industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Tradeweb Markets and its competitors. Tradeweb Markets's current Goodwill is €2,725 Mil. 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?
Based on GuruFocus' analysis, Tradeweb Markets (FRA:4T0) is currently considered Significantly Undervalued. The stock's GF Value™ is €140.66, compared to a current price of €87.82 — trading 37.6% below its estimated fair value. The current Goodwill is €2,725 Mil. Tradeweb Markets' overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Tradeweb Markets (FRA:4T0), the current Goodwill is €2,725 Mil as of Mar. 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 €87.82 is trading 37.6% below its estimated GF Value™ of €140.66. GuruFocus considers Tradeweb Markets to be Significantly Undervalued.

Key valuation signals for FRA:4T0:

  • Goodwill: €2,725 Mil
  • GF Value™: €140.66 vs. price of €87.82 (37.6% below fair value)
  • GF Score™: 94/100 with 1 warning sign

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.
94GF Score

Get the complete analysis for FRA:4T0

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

€87.82
Price
€140.66
GF Value