COMP <GO>
RJF vs TW // EV/EBITDA & P/E VALUATION
Raymond James Financial Inc. (NYSE) VS. Tradeweb Markets Inc. (NASDAQ) • 15-METRIC TALLY: RJF 4
— TW 7
▲ EV/EBITDA & P/E VALUATION LEADER: RJF
LAST: $157.22 (-2.52%) • MKT CAP: $31.03B
valuation
19.2x
LAST: $122.54 (+3.08%) • MKT CAP: $27.82B
valuation
30.1x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RJF VS. TW)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | RJF | TW | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 5.90% | 13.60% | -7.70 | TW | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 19.2x | 30.1x | -10.90 | RJF | /valuation <GO> |
| Free Cash Flow Yield | 7.24% | 4.05% | +3.19 | RJF | /fcf-yield <GO> |
| Operating Margin | 16.40% | 40.70% | -24.30 | TW | /operating-margins <GO> |
| Net Profit Margin | 13.40% | 39.60% | -26.20 | TW | /net-margins <GO> |
| Revenue Growth (YoY) | 6.60% | 18.90% | -12.30 | TW | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 9/9 | -1.00 | TW | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 53.2 | 60.3 | -7.10 | TW | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.94 | 0.99 | -0.05 | TW | /macro-sensitivity <GO> |
| Forward P/E Multiple | 13.5x | 28.7x | -15.20 | RJF | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $31.03B | $27.82B | $3.20B | RJF | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | RJF REV | TW REV | RJF GROSS % | TW GROSS % | RJF FCF | TW FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $15.91B | $2.05B | — | — | $2.25B | $1.13B |
| FY 2024 | $14.92B | $1.73B | — | — | $1.95B | $856.8M |
| FY 2023 | $12.99B | $1.34B | — | — | -$4.10B | $685.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
RJF // BETA 0.94
TW // BETA 0.99