SCHW vs. TW: Charles Schwab vs. Tradeweb Markets Stock Comparison
How do Charles Schwab (SCHW) 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
Charles Schwab (SCHW) and Tradeweb Markets (TW) both belong to the Capital Markets industry, though SCHW is classified under Investment Banking & Brokerage while TW falls under Financial Exchanges & Data.
| Profile Item | SCHW | TW |
|---|---|---|
| Name | The Charles Schwab Corporation | 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 | 158.22 billion USD | 27.59 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | September 22, 1987 | April 4, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SCHW | TW |
|---|---|---|
| Total Return (1Y) | -0.80% | 17.01% |
| Total Return (3Y, Annualized) | 21.35% | 11.65% |
| Total Return (5Y, Annualized) | 4.31% | 6.31% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | SCHW | TW |
|---|---|---|
| Volatility (1Y, Annualized) | 26.01% | 30.82% |
| Beta (5Y) | 0.74 | 0.54 |
| Max Drawdown (5Y) | -49.70% | -48.64% |
| Avg. Volume (3M) | 8.22M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SCHW | TW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.20 | 0.41 |
| Sortino Ratio (1Y) | -0.26 | 0.60 |
Profitability
ROE (TTM)
Both Charles Schwab (SCHW) at 21.12% 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.
SCHW
Financial Services industry group
21.12%
- Max
- 44.78%
- Q3
- 21.85%
- SCHW
- 21.12%
- 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)
For every dollar of sales, both Charles Schwab (SCHW) at 39.33% and Tradeweb Markets (TW) at 39.86% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
SCHW
Financial Services industry group
39.33%
- Max
- 62.84%
- SCHW
- 39.33%
- Q3
- 28.05%
- Median
- 15.36%
- 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 Charles Schwab (SCHW) at 52.67% and Tradeweb Markets (TW) at 43.30% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
SCHW
Financial Services industry group
52.67%
- Max
- 107.33%
- Q3
- 55.90%
- SCHW
- 52.67%
- Median
- 30.09%
- 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 | SCHW | TW |
|---|---|---|
| ROE (TTM) | 21.12% | 14.46% |
| ROA (TTM) | 2.16% | 12.57% |
| Net Margin (TTM) | 39.33% | 39.86% |
| Operating Margin (TTM) | 52.67% | 43.30% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Charles Schwab (SCHW) at 22.01% 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
Both Charles Schwab (SCHW) at 55.52% and Tradeweb Markets (TW) at 62.23% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | SCHW | TW |
|---|---|---|
| Revenue Growth (YoY) | 22.01% | 18.92% |
| Revenue Growth (3Y CAGR) | 4.83% | 19.97% |
| EPS Growth (YoY) | 55.52% | 62.23% |
| EPS Growth (3Y CAGR) | 9.93% | 36.69% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Charles Schwab (SCHW) 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: Charles Schwab (SCHW) 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 | SCHW | TW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Charles Schwab (SCHW) at 1.33% and Tradeweb Markets (TW) at 0.42% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
SCHW
Financial Services industry group
1.33%
- Max
- 9.77%
- Q3
- 3.92%
- SCHW
- 1.33%
- 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 Charles Schwab (SCHW) at 21.03% 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.
SCHW
Financial Services industry group
21.03%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- SCHW
- 21.03%
- 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 | SCHW | TW |
|---|---|---|
| Dividend Yield (TTM) | 1.33% | 0.42% |
| Dividend Payout Ratio (TTM) | 21.03% | 12.68% |
Valuation
P/E Ratio (TTM)
Charles Schwab (SCHW) at 15.64 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.
SCHW
Financial Services industry group
15.64
- Max
- 45.85
- Q3
- 24.64
- SCHW
- 15.64
- Median
- 15.37
- 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)
Both look expensive on sales: Charles Schwab (SCHW) at 5.85 sits in the upper P/S ratio quartile, and Tradeweb Markets (TW) at 12.10 prices even higher, above its industry range.
SCHW
Financial Services industry group
5.85
- Max
- 9.23
- SCHW
- 5.85
- Q3
- 4.57
- Median
- 2.72
- 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)
Charles Schwab (SCHW) at 3.08 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.
SCHW
Financial Services industry group
3.08
- Max
- 7.79
- Q3
- 3.63
- SCHW
- 3.08
- 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 | SCHW | TW |
|---|---|---|
| P/E Ratio (TTM) | 15.64 | 29.98 |
| P/S Ratio (TTM) | 5.85 | 12.10 |
| P/B Ratio (MRQ) | 3.08 | 4.03 |
| Free Cash Flow Yield (TTM) | -- | -- |