RJF vs. TW: Raymond James Financial vs. Tradeweb Markets Stock Comparison
How do Raymond James Financial (RJF) 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
Raymond James Financial (RJF) and Tradeweb Markets (TW) both belong to the Capital Markets industry, though RJF is classified under Investment Banking & Brokerage while TW falls under Financial Exchanges & Data.
| Profile Item | RJF | TW |
|---|---|---|
| Name | Raymond James Financial, 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 | 31.28 billion USD | 27.59 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 1, 1983 | April 4, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | RJF | TW |
|---|---|---|
| Total Return (1Y) | 3.99% | 17.01% |
| Total Return (3Y, Annualized) | 20.73% | 11.65% |
| Total Return (5Y, Annualized) | 12.47% | 6.31% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | RJF | TW |
|---|---|---|
| Volatility (1Y, Annualized) | 25.94% | 30.82% |
| Beta (5Y) | 0.91 | 0.54 |
| Max Drawdown (5Y) | -32.11% | -48.64% |
| Avg. Volume (3M) | 1.20M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | RJF | TW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.01 | 0.41 |
| Sortino Ratio (1Y) | -0.02 | 0.60 |
Profitability
ROE (TTM)
Both Raymond James Financial (RJF) at 18.73% 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.
RJF
Financial Services industry group
18.73%
- Max
- 44.78%
- Q3
- 21.85%
- RJF
- 18.73%
- 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%
Net Margin (TTM)
Tradeweb Markets (TW) at 39.86% retains a top-quartile share of revenue as profit, ahead of Raymond James Financial (RJF) at 14.97%, which keeps about the industry-typical share.
RJF
Financial Services industry group
14.97%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- RJF
- 14.97%
- 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 Raymond James Financial (RJF) at 20.88% and Tradeweb Markets (TW) at 43.30% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
RJF
Financial Services industry group
20.88%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- RJF
- 20.88%
- 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 | RJF | TW |
|---|---|---|
| ROE (TTM) | 18.73% | 14.46% |
| ROA (TTM) | -- | 12.57% |
| Net Margin (TTM) | 14.97% | 39.86% |
| Operating Margin (TTM) | 20.88% | 43.30% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: Tradeweb Markets (TW) reports revenue growth of 18.92%, ranked against its industry; Raymond James Financial (RJF) has no revenue growth figure this period.
EPS Growth
Tradeweb Markets (TW) at 62.23% sits in the top EPS growth quartile, while Raymond James Financial (RJF) at 15.63% is closer to the peer norm — faster per-share earnings growth for TW.
Growth Metrics
| Metric | RJF | TW |
|---|---|---|
| Revenue Growth (YoY) | -- | 18.92% |
| Revenue Growth (3Y CAGR) | -- | 19.97% |
| EPS Growth (YoY) | 15.63% | 62.23% |
| EPS Growth (3Y CAGR) | 14.33% | 36.69% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Raymond James Financial (RJF) 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: Raymond James Financial (RJF) 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 | RJF | TW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Raymond James Financial (RJF) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Tradeweb Markets (TW) reports a yield of 0.42%, ranking against industry peers normally.
RJF
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- RJF
- 0.00%
- 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 Raymond James Financial (RJF) at 18.48% 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.
RJF
Financial Services industry group
18.48%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- RJF
- 18.48%
- 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 | RJF | TW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.42% |
| Dividend Payout Ratio (TTM) | 18.48% | 12.68% |
Valuation
P/E Ratio (TTM)
Raymond James Financial (RJF) at 13.67 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.
RJF
Financial Services industry group
13.67
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- RJF
- 13.67
- 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)
Raymond James Financial (RJF) at 1.98 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.
RJF
Financial Services industry group
1.98
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- RJF
- 1.98
- 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)
Raymond James Financial (RJF) at 2.46 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.
RJF
Financial Services industry group
2.46
- Max
- 7.79
- Q3
- 3.63
- RJF
- 2.46
- 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
Valuation Metrics
| Metric | RJF | TW |
|---|---|---|
| P/E Ratio (TTM) | 13.67 | 29.98 |
| P/S Ratio (TTM) | 1.98 | 12.10 |
| P/B Ratio (MRQ) | 2.46 | 4.03 |
| Free Cash Flow Yield (TTM) | -- | -- |