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Interactive Brokers Group vs Tradeweb Markets: Which Stock Looks Stronger in 2026?

Tradeweb Markets holds the cleaner structural position, with the lead spread across valuation and profitability. Interactive Brokers still has the edge on profitability, which keeps the comparison from looking entirely one-sided. In the market, Interactive Brokers carries the stronger setup — intact trend against Tradeweb Markets's broken trend. That leaves a split case: the structural lead stays with Tradeweb Markets, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-07-05

This is not just a one-metric split: both valuation and stability materially support the lead.

INDUSTRY COMPARISON

Both operate in: Capital Markets

This comparison is based on industry proximity, not on functional trajectory similarity. IBKR and TW share the same industry classification.

For a similarity-based comparison, see how Interactive Brokers and Tradeweb Markets each position within their functional peer groups in AssetNext.

Peer-Relative Score
IBKR
Interactive Brokers Group, Inc.
59
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
TW
Tradeweb Markets Inc.
65
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: IBKR vs TW Profitability 89 75 Stability 41 52 Valuation 45 66 Growth 53 61 IBKR TW
Gap Ranking
#1 Valuation +21
#2 Profitability +14
#3 Stability +11
#4 Growth +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for IBKR and TW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer IBKRTW Relative valuation Structural strength

Tradeweb Markets Inc. and Interactive Brokers Group, Inc. look relatively close on structure, but the price setup still leans toward Tradeweb Markets Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where IBKR and TW each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY IBKR Elevated · above norm 0th 50th 100th 42 pct gap TW Neutral · below norm 0th 50th 100th 99th 57th
Today TW sits in the upper-middle of its own 5-year history (57th percentile), while IBKR sits higher in its own history (99th). Within each stock's own 5-year context, TW is at a historically more favourable entry position than IBKR. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but Tradeweb Markets Inc. still holds a clear edge.
Profitability
On profitability, the edge still sits with Interactive Brokers Group, Inc., even though both profiles look solid.
Valuation — Dominant Gap
IBKR
45
TW
66
Gap+21in favour of TW

The multiple-based pricing edge comes from a forward P/E that is 9.1 turns lower.

What keeps the gap from being one-sided

Profitability still favours Interactive Brokers, with a 30-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

The lead is built on both valuation and profitability — though profitability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the IBKR vs TW comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-profitability comparisons

Explore how IBKR and TW each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.