Tradeweb MarketsFRA:4T0 -5.50%94 ROE % is 12.59% as of Mar. 2026, which is 95% above its 10-year median of 6.44. 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 794 Capital Markets companies, Tradeweb Markets ranks better than 71.16% on this metric.
The historical rank and industry rank for Tradeweb Markets's ROE % or its related term are showing as below:
FRA:4T0'
s ROE % Range Over the Past 10 Years
Min: 2.11 Med: 6.44 Max: 13.83
Current: 13.83
During the past 10 years, Tradeweb Markets's highest ROE % was 13.83%. The lowest was 2.11%. And the median was 6.44%.
FRA:4T0's ROE % is ranked better than 71.16% of 794
companies
in the Capital Markets industry
Industry Median: 6.005
vs FRA:4T0: 13.83
Tradeweb Markets (FRA:4T0) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Tradeweb Markets ROE % Related Terms
Tradeweb Markets ROE % Historical Data
* Premium members only.
The historical data trend for Tradeweb Markets's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tradeweb Markets's ROE % distribution charts can be found below:
* The bar in red indicates where Tradeweb Markets's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Tradeweb Markets (FRA:4T0) has a ROE % of 12.59% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tradeweb Markets and its competitors. This is 95% above median its historical median of 6.44. Over the past decade, Tradeweb Markets' ROE % has ranged from 2.11 to 13.83. According to the industry distribution chart, Tradeweb Markets ranks #229 out of 794 companies in the Capital Markets industry, placing it in the top 28.8%.
Is Tradeweb Markets' ROE % too high?
Tradeweb Markets' current ROE % of 12.59% is 95% above median its 10-year median of 6.44. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 13.83. The Capital Markets industry median ROE % is 6.01. Tradeweb Markets' value of 12.59% is 109.7% above this industry median. Based on the distribution chart, Tradeweb Markets ranks #229 out of 794 companies in the Capital Markets industry, which is above the industry midpoint. 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' ROE % compare to LPLA and IREN?
According to the Capital Markets industry distribution chart, Tradeweb Markets ranks #229 out of 794 companies for ROE %. This puts Tradeweb Markets in the upper half of its industry. The industry median ROE % is 6.01. Tradeweb Markets' value of 12.59% is 109.7% above this benchmark. Historically, Tradeweb Markets' own ROE % has ranged from 2.11 to 13.83 over the past decade. While the company's 10-year median is 6.44 vs. the industry median of 6.01, 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.01, based on 794 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tradeweb Markets's current ROE % of 12.59% is 109.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tradeweb Markets and its competitors. For the Capital Markets industry, the median ROE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradeweb Markets's current ROE % is 12.59%, which is 95% above median its own 10-year median of 6.44. 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 ROE % is 12.59%, which is 95% above median its 10-year median of 6.44 and 109.7% above the Capital Markets industry median of 6.01. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Tradeweb Markets (FRA:4T0), the current ROE % is 12.59% 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:
ROE %: 12.59% (95% above median its 10-year median of 6.44)
GF Value™: €139.72 vs. price of €79.02 (43.4% below fair value)
Industry Position: 109.7% above the Capital Markets median (#229 of 794)
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.
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