PYPL vs. TW: PayPal vs. Tradeweb Markets Stock Comparison

November 11, 2026

How do PayPal (PYPL) 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

PayPal (PYPL) and Tradeweb Markets (TW) both fall under the Financial Services industry group, but PYPL is classified in Financial Services while TW is classified in Capital Markets.

Company profile comparison for PayPal (PYPL) and Tradeweb Markets (TW)
Profile Item	PYPL	TW
Name	PayPal Holdings, 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	Financial Services	Capital Markets
GICS Sub-Industry	Transaction & Payment Processing Services	Financial Exchanges & Data
Market Capitalization	49.21 billion USD	27.59 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	July 6, 2015	April 4, 2019
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PYPL

GSPC

PayPal (PYPL) vs. Tradeweb Markets (TW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for PayPal (PYPL) and Tradeweb Markets (TW). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for PayPal (PYPL) and Tradeweb Markets (TW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
Total Return (1Y)	-7.44%	17.01%
Total Return (3Y, Annualized)	4.14%	11.65%
Total Return (5Y, Annualized)	-21.48%	6.31%

Risk Profile

Drawdown History

PYPL

GSPC

PayPal (PYPL) vs. Tradeweb Markets (TW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for PayPal (PYPL) and Tradeweb Markets (TW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
Volatility (1Y, Annualized)	42.40%	30.82%
Beta (5Y)	1.28	0.54
Max Drawdown (5Y)	-81.84%	-48.64%
Avg. Volume (3M)	11.78M	1.37M

Risk-Adjusted Performance

Risk-Return Positioning

PYPL and TW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
Sharpe Ratio (1Y)	-0.28	0.41
Sortino Ratio (1Y)	-0.37	0.60

Profitability

ROE (TTM)

PayPal (PYPL) at 23.83% sits in the top ROE quartile, while Tradeweb Markets (TW) at 14.46% is closer to the peer norm — stronger capital efficiency for PYPL.

PYPL

Financial Services industry group

23.83%

Max: 44.78%
PYPL: 23.83%
Q3: 21.85%
Median: 12.91%
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%

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Tradeweb Markets (TW) at 39.86% retains a top-quartile share of revenue as profit, ahead of PayPal (PYPL) at 13.78%, which keeps about the industry-typical share.

PYPL

Financial Services industry group

13.78%

Max: 62.84%
Q3: 28.05%
Median: 15.36%
PYPL: 13.78%
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%

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both PayPal (PYPL) at 18.41% and Tradeweb Markets (TW) at 43.30% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

PYPL

Financial Services industry group

18.41%

Max: 107.33%
Q3: 55.90%
Median: 30.09%
PYPL: 18.41%
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%

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
ROE (TTM)	23.83%	14.46%
ROA (TTM)	4.70%	12.57%
Net Margin (TTM)	13.78%	39.86%
Operating Margin (TTM)	18.41%	43.30%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Both PayPal (PYPL) at 4.32% 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.

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Tradeweb Markets (TW) at 62.23% sits in the top EPS growth quartile, while PayPal (PYPL) at 35.59% is closer to the peer norm — faster per-share earnings growth for TW.

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
Revenue Growth (YoY)	4.32%	18.92%
Revenue Growth (3Y CAGR)	6.43%	19.97%
EPS Growth (YoY)	35.59%	62.23%
EPS Growth (3Y CAGR)	37.30%	36.69%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: PayPal (PYPL) 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: PayPal (PYPL) 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

Financial strength metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Both PayPal (PYPL) at 0.95% and Tradeweb Markets (TW) at 0.42% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

PYPL

Financial Services industry group

0.95%

Max: 9.77%
Q3: 3.92%
Median: 1.09%
PYPL: 0.95%
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%

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both PayPal (PYPL) at 10.69% 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.

PYPL

Financial Services industry group

10.69%

Max: 241.07%
Q3: 97.36%
Median: 25.77%
PYPL: 10.69%
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%

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
Dividend Yield (TTM)	0.95%	0.42%
Dividend Payout Ratio (TTM)	10.69%	12.68%

Valuation

P/E Ratio (TTM)

PayPal (PYPL) at 11.31 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.

PYPL

Financial Services industry group

11.31

Max: 45.85
Q3: 24.64
Median: 15.37
PYPL: 11.31
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

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

PayPal (PYPL) at 1.43 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.

PYPL

Financial Services industry group

1.43

Max: 9.23
Q3: 4.57
Median: 2.72
PYPL: 1.43
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

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

PayPal (PYPL) at 2.55 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.

PYPL

Financial Services industry group

2.55

Max: 7.79
Q3: 3.63
PYPL: 2.55
Median: 1.57
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

PayPal (PYPL) vs. Tradeweb Markets (TW): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for PayPal (PYPL) and Tradeweb Markets (TW)
Metric	PYPL	TW
P/E Ratio (TTM)	11.31	29.98
P/S Ratio (TTM)	1.43	12.10
P/B Ratio (MRQ)	2.55	4.03
Free Cash Flow Yield (TTM)	--	--