Stocks Comparison
LPL Financial vs Tradeweb Markets: revenue, profit, margins and growth compared
LPL Financial brought in $17B of revenue in fiscal 2025, Tradeweb Markets $2.1B in fiscal 2025. Revenue changed by +37.2% at LPL Financial and +18.9% at Tradeweb Markets on the year before, so LPL Financial grew faster. LPL Financial kept 5.1% of its revenue as net profit, Tradeweb Markets 39.6%. Free cash flow was -$981.8M at LPL Financial and $1.1B at Tradeweb Markets.
Side by side, latest fiscal year
| LPLA | TW | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $17B | $2.1B |
| Revenue growth | +37.2% | +18.9% |
| Net income | $863M | $812.8M |
| Net margin | 5.1% | 39.6% |
| Free cash flow | -$981.8M | $1.1B |
| Free cash flow margin | -5.8% | 54.9% |
| Earnings per share (diluted) | $10.92 | $3.78 |
| Cash | $1B | $2.1B |
| Debt | $7.3B | n/a |
| Price to earnings | 28.8 | 26.8 |
| Market value | $24.8B | $23.7B |
| Dividend yield | 0.38% | 0.47% |
| Rank by revenue in sector | #39 of 444 · Finance | #142 of 444 · Finance |
Over the years
Questions about LPL Financial and Tradeweb Markets
Which is bigger by revenue, LPL Financial or Tradeweb Markets?
LPL Financial is bigger by revenue: $17B in fiscal 2025, against $2.1B for Tradeweb Markets in fiscal 2025.
Which keeps more of its revenue as profit, LPL Financial or Tradeweb Markets?
LPL Financial had a net margin of 5.1% in fiscal 2025; Tradeweb Markets had 39.6% in fiscal 2025.
Which grew revenue faster, LPL Financial or Tradeweb Markets?
In their latest fiscal years revenue changed by +37.2% at LPL Financial and +18.9% at Tradeweb Markets.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.