Tradeweb MarketsFRA:4T0 -5.50%94 ROA % is 10.03% as of Mar. 2026, which is 99% above its 10-year median of 5.05. GuruFocus rates FRA:4T0 with a GF Score™ of 94/100 and a GF Value™ of €139.72 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 819 Capital Markets companies, Tradeweb Markets ranks better than 86.94% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tradeweb Markets's annualizedNet Income for the quarter that ended in Mar. 2026 was €710 Mil.
Tradeweb Markets's average Total Assets over the quarter that ended in Mar. 2026 was €7,085 Mil. Therefore, Tradeweb Markets's annualized ROA % for the quarter that ended in Mar. 2026 was 10.03%.
The historical rank and industry rank for Tradeweb Markets's ROA % or its related term are showing as below:
FRA:4T0'
s ROA % Range Over the Past 10 Years
Min: 1.66 Med: 5.05 Max: 10.9
Current: 10.9
During the past 10 years, Tradeweb Markets's highest ROA % was 10.90%. The lowest was 1.66%. And the median was 5.05%.
FRA:4T0's ROA % is ranked better than 86.94% of 819
companies
in the Capital Markets industry
Industry Median: 1.5
vs FRA:4T0: 10.90
Tradeweb Markets (FRA:4T0) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Tradeweb Markets ROA % Related Terms
Tradeweb Markets ROA % Historical Data
* Premium members only.
The historical data trend for Tradeweb Markets's ROA % 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.
For the Capital Markets subindustry, Tradeweb Markets's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tradeweb Markets's ROA % distribution charts can be found below:
* The bar in red indicates where Tradeweb Markets's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Tradeweb Markets (FRA:4T0) has a ROA % of 10.03% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tradeweb Markets and its competitors. This is 99% above median its historical median of 5.05. Over the past decade, Tradeweb Markets' ROA % has ranged from 1.66 to 10.90. According to the industry distribution chart, Tradeweb Markets ranks #107 out of 819 companies in the Capital Markets industry, placing it in the top 13.1%.
Is Tradeweb Markets' ROA % too high?
Tradeweb Markets' current ROA % of 10.03% is 99% above median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 10.90. The Capital Markets industry median ROA % is 1.50. Tradeweb Markets' value of 10.03% is 568.7% above this industry median. Based on the distribution chart, Tradeweb Markets ranks #107 out of 819 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. 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' ROA % compare to LPLA and IREN?
According to the Capital Markets industry distribution chart, Tradeweb Markets ranks #107 out of 819 companies for ROA %. This places Tradeweb Markets in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 1.50. Tradeweb Markets' value of 10.03% is 568.7% above this benchmark. Historically, Tradeweb Markets' own ROA % has ranged from 1.66 to 10.90 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 1.50, 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 ROA % for a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 819 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tradeweb Markets's current ROA % of 10.03% is 568.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tradeweb Markets and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradeweb Markets's current ROA % is 10.03%, which is 99% above median its own 10-year median of 5.05. 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 €139.72, compared to a current price of €79.02 — trading 43.4% below its estimated fair value. The current ROA % is 10.03%, which is 99% above median its 10-year median of 5.05 and 568.7% above the Capital Markets industry median of 1.50. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Tradeweb Markets (FRA:4T0), the current ROA % is 10.03% 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 €79.02 is trading 43.4% below its estimated GF Value™ of €139.72.
GuruFocus considers Tradeweb Markets to be Significantly Undervalued.
Key valuation signals for FRA:4T0:
ROA %: 10.03% (99% above median its 10-year median of 5.05)
GF Value™: €139.72 vs. price of €79.02 (43.4% below fair value)
Industry Position: 568.7% above the Capital Markets median (#107 of 819)
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.
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
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