Invesaro

Stocks Comparison

StoneX vs Tradeweb Markets: revenue, profit, margins and growth compared

StoneX brought in $132.4B of revenue in fiscal 2025, Tradeweb Markets $2.1B in fiscal 2025. Revenue changed by +32.5% at StoneX and +18.9% at Tradeweb Markets on the year before, so StoneX grew faster. StoneX kept 0.2% of its revenue as net profit, Tradeweb Markets 39.6%. Free cash flow was $4.3B at StoneX and $1.1B at Tradeweb Markets.

Side by side, latest fiscal year

SNEXTW
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$132.4B$2.1B
Revenue growth+32.5%+18.9%
Net income$305.9M$812.8M
Net margin0.2%39.6%
Free cash flow$4.3B$1.1B
Free cash flow margin3.3%54.9%
Earnings per share (diluted)$5.89$3.78
Cash$1.6B$2.1B
Debtn/an/a
Price to earnings11.326.8
Market value$8.1B$23.7B
Dividend yieldn/a0.47%
Rank by revenue in sector#4 of 444 · Finance#142 of 444 · Finance

Over the years

Revenue
SNEX FY2018: $27.6BSNEX FY2019: $32.9BSNEX FY2020: $54.1BSNEX FY2021: $42.5BSNEX FY2022: $66BSNEX FY2023: $60.9BSNEX FY2024: $99.9BSNEX FY2025: $132.4BTW FY2017: $563MTW FY2019: $775.6MTW FY2020: $892.7MTW FY2021: $1.1BTW FY2022: $1.2BTW FY2023: $1.3BTW FY2024: $1.7BTW FY2025: $2.1BFY17FY18FY19FY20FY21FY22FY23FY24FY25
SNEX $132.4BTW $2.1B
Net income
SNEX FY2018: $55.5MSNEX FY2019: $85.1MSNEX FY2020: $169.6MSNEX FY2021: $116.3MSNEX FY2022: $207.1MSNEX FY2023: $238.5MSNEX FY2024: $260.8MSNEX FY2025: $305.9MTW FY2017: $83.6MTW FY2019: $83.8MTW FY2020: $166.3MTW FY2021: $226.8MTW FY2022: $309.3MTW FY2023: $364.9MTW FY2024: $501.5MTW FY2025: $812.8MFY17FY18FY19FY20FY21FY22FY23FY24FY25
SNEX $305.9MTW $812.8M
Net margin
SNEX FY2018: 0.2%SNEX FY2019: 0.3%SNEX FY2020: 0.3%SNEX FY2021: 0.3%SNEX FY2022: 0.3%SNEX FY2023: 0.4%SNEX FY2024: 0.3%SNEX FY2025: 0.2%TW FY2017: 14.9%TW FY2019: 10.8%TW FY2020: 18.6%TW FY2021: 21.1%TW FY2022: 26.0%TW FY2023: 27.3%TW FY2024: 29.1%TW FY2025: 39.6%FY17FY18FY19FY20FY21FY22FY23FY24FY25
SNEX 0.2%TW 39.6%
Revenue growth
SNEX FY2019: +19.1%SNEX FY2020: +64.6%SNEX FY2021: -21.4%SNEX FY2022: +55.3%SNEX FY2023: -7.8%SNEX FY2024: +64.1%SNEX FY2025: +32.5%TW FY2020: +15.1%TW FY2021: +20.6%TW FY2022: +10.4%TW FY2023: +12.6%TW FY2024: +29.0%TW FY2025: +18.9%FY19FY20FY21FY22FY23FY24FY25
SNEX +32.5%TW +18.9%
Free cash flow
SNEX FY2018: -$486.1MSNEX FY2019: $183.7MSNEX FY2020: $1.9BSNEX FY2021: $2.1BSNEX FY2022: -$279MSNEX FY2023: -$70.6MSNEX FY2024: $441.7MSNEX FY2025: $4.3BTW FY2017: $211.1MTW FY2019: $295.2MTW FY2020: $431.7MTW FY2021: $561.1MTW FY2022: $609.6MTW FY2023: $727.6MTW FY2024: $856.8MTW FY2025: $1.1BFY17FY18FY19FY20FY21FY22FY23FY24FY25
SNEX $4.3BTW $1.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about StoneX and Tradeweb Markets

Which is bigger by revenue, StoneX or Tradeweb Markets?

StoneX is bigger by revenue: $132.4B in fiscal 2025, against $2.1B for Tradeweb Markets in fiscal 2025.

Which keeps more of its revenue as profit, StoneX or Tradeweb Markets?

StoneX had a net margin of 0.2% in fiscal 2025; Tradeweb Markets had 39.6% in fiscal 2025.

Which grew revenue faster, StoneX or Tradeweb Markets?

In their latest fiscal years revenue changed by +32.5% at StoneX 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.

More comparisons

Compare more companies