Tradeweb Markets Inc. reported strong fourth-quarter and full-year results for 2024. Quarterly revenues reached $463.3 million, a 25.2% increase compared to the previous year. The company saw a 36.7% rise in average daily volume (ADV) to $2.3 trillion, with record ADV in U.S. government bonds, mortgages, and global repurchase agreements. Net income for the quarter rose 54.2% to $159.9 million, while adjusted net income increased 19.2% to $181.2 million. Tradeweb also declared a 20.0% increase in its quarterly cash dividend to $0.12 per share.
Value Investor
2025-02-06
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