TROW vs. TW: T. Rowe Price vs. Tradeweb Markets Stock Comparison
How do T. Rowe Price (TROW) 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
T. Rowe Price (TROW) and Tradeweb Markets (TW) both belong to the Capital Markets industry, though TROW is classified under Asset Management & Custody Banks while TW falls under Financial Exchanges & Data.
| Profile Item | TROW | TW |
|---|---|---|
| Name | T. Rowe Price 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 | Asset Management & Custody Banks | Financial Exchanges & Data |
| Market Capitalization | 23.13 billion USD | 27.59 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 2, 1986 | April 4, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TROW | TW |
|---|---|---|
| Total Return (1Y) | 14.59% | 17.01% |
| Total Return (3Y, Annualized) | 11.26% | 11.65% |
| Total Return (5Y, Annualized) | -8.60% | 6.31% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
T. Rowe Price (TROW) has an aggressive beta of 1.39, 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 | TROW | TW |
|---|---|---|
| Volatility (1Y, Annualized) | 24.99% | 30.82% |
| Beta (5Y) | 1.39 | 0.54 |
| Max Drawdown (5Y) | -57.57% | -48.64% |
| Avg. Volume (3M) | 1.72M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TROW | TW |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 0.41 |
| Sortino Ratio (1Y) | 0.58 | 0.60 |
Profitability
ROE (TTM)
Both T. Rowe Price (TROW) at 18.20% 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.
TROW
Financial Services industry group
18.20%
- Max
- 44.78%
- Q3
- 21.85%
- TROW
- 18.20%
- 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 T. Rowe Price (TROW) at 28.40% 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.
TROW
Financial Services industry group
28.40%
- Max
- 62.84%
- TROW
- 28.40%
- 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 T. Rowe Price (TROW) at 38.60% and Tradeweb Markets (TW) at 43.30% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
TROW
Financial Services industry group
38.60%
- Max
- 107.33%
- Q3
- 55.90%
- TROW
- 38.60%
- 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 | TROW | TW |
|---|---|---|
| ROE (TTM) | 18.20% | 14.46% |
| ROA (TTM) | 10.67% | 12.57% |
| Net Margin (TTM) | 28.40% | 39.86% |
| Operating Margin (TTM) | 38.60% | 43.30% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both T. Rowe Price (TROW) at 3.12% 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 T. Rowe Price (TROW) at 0.98% is closer to the peer norm — faster per-share earnings growth for TW.
Growth Metrics
| Metric | TROW | TW |
|---|---|---|
| Revenue Growth (YoY) | 3.12% | 18.92% |
| Revenue Growth (3Y CAGR) | 4.08% | 19.97% |
| EPS Growth (YoY) | 0.98% | 62.23% |
| EPS Growth (3Y CAGR) | 11.31% | 36.69% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: T. Rowe Price (TROW) 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: T. Rowe Price (TROW) 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 | TROW | TW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
T. Rowe Price (TROW) at 4.76% delivers top-quartile income for its industry, while Tradeweb Markets (TW) at 0.42% pays a more typical yield — both are credible income propositions, TROW the richer one.
TROW
Financial Services industry group
4.76%
- Max
- 9.77%
- TROW
- 4.76%
- Q3
- 3.92%
- 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 T. Rowe Price (TROW) at 52.33% 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.
TROW
Financial Services industry group
52.33%
- Max
- 241.07%
- Q3
- 97.36%
- TROW
- 52.33%
- 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 | TROW | TW |
|---|---|---|
| Dividend Yield (TTM) | 4.76% | 0.42% |
| Dividend Payout Ratio (TTM) | 52.33% | 12.68% |
Valuation
P/E Ratio (TTM)
T. Rowe Price (TROW) at 10.97 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.
TROW
Financial Services industry group
10.97
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- TROW
- 10.97
- 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)
T. Rowe Price (TROW) at 3.00 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.
TROW
Financial Services industry group
3.00
- Max
- 9.23
- Q3
- 4.57
- TROW
- 3.00
- 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)
T. Rowe Price (TROW) at 2.03 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.
TROW
Financial Services industry group
2.03
- Max
- 7.79
- Q3
- 3.63
- TROW
- 2.03
- 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 | TROW | TW |
|---|---|---|
| P/E Ratio (TTM) | 10.97 | 29.98 |
| P/S Ratio (TTM) | 3.00 | 12.10 |
| P/B Ratio (MRQ) | 2.03 | 4.03 |
| Free Cash Flow Yield (TTM) | -- | -- |