COMP <GO>
TW vs MS // PIOTROSKI F-SCORE QUALITY
Tradeweb Markets Inc. (NASDAQ) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: TW 10
— MS 4
▲ PIOTROSKI F-SCORE QUALITY LEADER: TW
LAST: $122.54 (+3.08%) • MKT CAP: $27.82B
piotroski-score
9/9
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
piotroski-score
5/9
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TW VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TW | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 13.60% | 3.00% | +10.60 | TW | /roic <GO> |
| EV/EBITDA & P/E Valuation | 30.1x | 31.0x | -0.90 | TW | /valuation <GO> |
| Free Cash Flow Yield | 4.05% | -7.25% | +11.30 | TW | /fcf-yield <GO> |
| Operating Margin | 40.70% | 24.60% | +16.10 | TW | /operating-margins <GO> |
| Net Profit Margin | 39.60% | 20.20% | +19.40 | TW | /net-margins <GO> |
| Revenue Growth (YoY) | 18.90% | 5.50% | +13.40 | TW | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.21% | -2.21 | MS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 17.94 | 0.46 | +17.48 | TW | /balance-sheet <GO> |
| Piotroski F-Score Quality ACTIVE | 9/9 | 5/9 | +4.00 | TW | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.90% | 7.00% | -0.10 | TW | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 71.1 | 43.3 | +27.81 | TW | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.99 | 1.04 | -0.05 | MS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 28.7x | 16.5x | +12.20 | MS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $27.82B | $298.41B | -$270.59B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TW REV | MS REV | TW GROSS % | MS GROSS % | TW FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.05B | $0 | 44.0% | — | $1.13B | -$17.89B |
| FY 2024 | $1.73B | $0 | 44.0% | — | $856.8M | $1.36B |
| FY 2023 | $1.34B | $0 | 44.0% | — | $685.9M | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TW // BETA 0.99
MS // BETA 1.04