JEF vs. TW: Jefferies vs. Tradeweb Markets Stock Comparison
How do Jefferies (JEF) and Tradeweb Markets (TW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Jefferies (JEF) and Tradeweb Markets (TW) both belong to the Capital Markets industry, though JEF is classified under Investment Banking & Brokerage while TW falls under Financial Exchanges & Data.
| Profile Item | JEF | TW |
|---|---|---|
| Name | Jefferies Financial Group Inc. | Tradeweb Markets Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Investment Banking & Brokerage | Financial Exchanges & Data |
| Market Capitalization | 10.88 billion USD | 27.59 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | April 4, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | JEF | TW |
|---|---|---|
| Total Return (1Y) | -6.26% | 17.01% |
| Total Return (3Y, Annualized) | 17.02% | 11.65% |
| Total Return (5Y, Annualized) | 7.20% | 6.31% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Jefferies (JEF) has an aggressive beta of 1.49, indicating higher sensitivity to broad-market moves, while Tradeweb Markets (TW) is defensive at 0.54 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | JEF | TW |
|---|---|---|
| Volatility (1Y, Annualized) | 41.25% | 30.82% |
| Beta (5Y) | 1.49 | 0.54 |
| Max Drawdown (5Y) | -54.39% | -48.64% |
| Avg. Volume (3M) | 2.20M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | JEF | TW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.26 | 0.41 |
| Sortino Ratio (1Y) | -0.33 | 0.60 |
Profitability
ROE (TTM)
Both Jefferies (JEF) at 8.59% and Tradeweb Markets (TW) at 14.46% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
JEF
Financial Services industry group
8.59%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- JEF
- 8.59%
- Q1
- 4.48%
- Min
- -18.71%
TW
Financial Services industry group
14.46%
- Max
- 44.78%
- Q3
- 21.85%
- TW
- 14.46%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Tradeweb Markets (TW) at 39.86% retains a top-quartile share of revenue as profit, ahead of Jefferies (JEF) at 11.00%, which keeps about the industry-typical share.
JEF
Financial Services industry group
11.00%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- JEF
- 11.00%
- Q1
- 4.82%
- Min
- -28.52%
TW
Financial Services industry group
39.86%
- Max
- 62.84%
- TW
- 39.86%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Jefferies (JEF) at 15.80% and Tradeweb Markets (TW) at 43.30% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
JEF
Financial Services industry group
15.80%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- JEF
- 15.80%
- Q1
- 14.60%
- Min
- -44.34%
TW
Financial Services industry group
43.30%
- Max
- 107.33%
- Q3
- 55.90%
- TW
- 43.30%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | JEF | TW |
|---|---|---|
| ROE (TTM) | 8.59% | 14.46% |
| ROA (TTM) | 1.21% | 12.57% |
| Net Margin (TTM) | 11.00% | 39.86% |
| Operating Margin (TTM) | 15.80% | 43.30% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Jefferies (JEF) at 2.93% and Tradeweb Markets (TW) at 18.92% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Tradeweb Markets (TW) at 62.23% sits in the top EPS growth quartile, while Jefferies (JEF) at -5.35% is closer to the peer norm — faster per-share earnings growth for TW.
Growth Metrics
| Metric | JEF | TW |
|---|---|---|
| Revenue Growth (YoY) | 2.93% | 18.92% |
| Revenue Growth (3Y CAGR) | 14.83% | 19.97% |
| EPS Growth (YoY) | -5.35% | 62.23% |
| EPS Growth (3Y CAGR) | -2.57% | 36.69% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Jefferies (JEF) in Financial Services and Tradeweb Markets (TW) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Jefferies (JEF) in Financial Services and Tradeweb Markets (TW) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | JEF | TW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Jefferies (JEF) at 3.29% and Tradeweb Markets (TW) at 0.42% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
JEF
Financial Services industry group
3.29%
- Max
- 9.77%
- Q3
- 3.92%
- JEF
- 3.29%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
TW
Financial Services industry group
0.42%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- TW
- 0.42%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Jefferies (JEF) at 42.67% and Tradeweb Markets (TW) at 12.68% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
JEF
Financial Services industry group
42.67%
- Max
- 241.07%
- Q3
- 97.36%
- JEF
- 42.67%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
TW
Financial Services industry group
12.68%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- TW
- 12.68%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | JEF | TW |
|---|---|---|
| Dividend Yield (TTM) | 3.29% | 0.42% |
| Dividend Payout Ratio (TTM) | 42.67% | 12.68% |
Valuation
P/E Ratio (TTM)
Jefferies (JEF) at 12.63 is near its industry’s usual P/E ratio, while Tradeweb Markets (TW) at 29.98 sits in the richer quartile — TW needs stronger growth or earnings quality to justify the premium.
JEF
Financial Services industry group
12.63
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- JEF
- 12.63
- Q1
- 9.68
- Min
- 0.16
TW
Financial Services industry group
29.98
- Max
- 45.85
- TW
- 29.98
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Jefferies (JEF) at 1.28 prices around its industry’s typical P/S ratio, while Tradeweb Markets (TW) at 12.10 clears its benchmark range — TW looks notably rich on sales.
JEF
Financial Services industry group
1.28
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- JEF
- 1.28
- Q1
- 1.28
- Min
- -0.55
TW
Financial Services industry group
12.10
- TW
- 12.10
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Jefferies (JEF) at 1.02 is valued about in line with its industry on P/B ratio, while Tradeweb Markets (TW) at 4.03 carries an above-peer premium to book — TW is pricier on assets.
JEF
Financial Services industry group
1.02
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- JEF
- 1.02
- Q1
- 0.81
- Min
- -0.39
TW
Financial Services industry group
4.03
- Max
- 7.79
- TW
- 4.03
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | JEF | TW |
|---|---|---|
| P/E Ratio (TTM) | 12.63 | 29.98 |
| P/S Ratio (TTM) | 1.28 | 12.10 |
| P/B Ratio (MRQ) | 1.02 | 4.03 |
| Free Cash Flow Yield (TTM) | -- | -- |