Raymond James Financial (RJF) vs Tradeweb Markets (TW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Tradeweb Markets (TW) has outperformed Raymond James Financial (RJF) over the past year, gaining 2.7% versus a loss of 5.1%. Over five years, RJF leads with a +56.9% price change compared with +28.7% for TW. Raymond James Financial is the larger company by market cap ($30.21 billion vs $23.20 billion), about 1.3 times the size, while Tradeweb Markets is growing revenue faster (+18.9% vs +6.6%).
On valuation, Raymond James Financial trades at a lower forward P/E (11.0x vs 23.2x for Tradeweb Markets). Raymond James Financial offers the higher dividend yield (1.35% vs 0.48%). Tradeweb Markets converts more of its revenue into profit, with a net margin of 39.6% versus 13.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RJF | TW |
|---|---|---|
| Share price | $157.25 | $107.40 |
| Market cap | $30.21B | $23.20B |
| 1-day change | -1.37% | -0.13% |
| YTD return | -2.08% | -0.13% |
| 1-year return | -5.07% | +2.69% |
| 5-year return | +56.92% | +28.65% |
| P/E ratio (TTM) | 13.71 | 25.69 |
| Forward P/E | 11.03 | 23.21 |
| EPS (TTM) | $11.47 | $4.18 |
| Dividend yield | 1.35% | 0.48% |
| Annual dividend | $2.12 | $0.52 |
| Revenue (latest FY) | $15.91B | $2.05B |
| Revenue growth (YoY) | +6.63% | +18.92% |
| Net income (latest FY) | $2.13B | $812.79M |
| Operating margin | — | 40.70% |
| Net margin | 13.42% | 39.60% |
| 52-week high | $182.73 | $127.69 |
| 52-week low | $138.82 | $91.42 |
| Distance from 52-week high | -13.94% | -15.89% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +18.05% | +15.02% |
| Average volume | 1.20M | 1.42M |
| Shares outstanding | 192.10M | 114.04M |
| Employees | 19,500 | 1,613 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Tradeweb Markets trades at a higher earnings multiple (25.7x vs 13.7x trailing P/E).
- Tradeweb Markets is more profitable, keeping 39.6 cents of every revenue dollar as net income versus 13.4 cents for Raymond James Financial.
- Tradeweb Markets grew revenue faster in its latest fiscal year (+18.92% vs +6.63%).
About Raymond James Financial
RJF stock →Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services.
Finance · Investment Bankers/Brokers/Service · 19,500 employees
About Tradeweb Markets
TW stock →Tradeweb Markets Inc. builds and operates electronic marketplaces in the United States and internationally.
Finance · Investment Bankers/Brokers/Service · 1,613 employees
RJF vs TW FAQ
Which is bigger, Raymond James Financial or Tradeweb Markets?
Raymond James Financial (RJF) is larger, with a market capitalization of $30.21B compared with $23.20B for Tradeweb Markets (TW).
Which stock has performed better over the past year, RJF or TW?
TW returned +2.69% over the past 12 months, compared with -5.07% for RJF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, RJF or TW?
RJF has the lower trailing P/E at 13.7, versus 25.7 for TW. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Raymond James Financial or Tradeweb Markets?
Raymond James Financial has the higher yield at 1.35%, compared with 0.48% for Tradeweb Markets.
Are Raymond James Financial and Tradeweb Markets in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.