Affirm Holdings, Inc. (AFRM) vs Tradeweb Markets Inc. (TW)

A side-by-side comparison of Affirm Holdings, Inc. and Tradeweb Markets Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — AFRM vs TW

growth of $100 · dividends reinvested · last 6y
AFRM -27.2% (-5.2%/yr)TW +57.8% (+7.9%/yr)TW compounded faster over this window
050100150200Start $10020222023202420252026$73$158
AFRM TW

AFRM vs TW: by the numbers

  • •AFRM is the larger company ($23.70B vs $21.76B market cap).
  • •AFRM trades at the lower trailing earnings multiple (12.82 vs 24.45 P/E), one valuation lens rather than an overall verdict.
  • •AFRM converts more revenue to profit (46.11% vs 40.66% net margin).
  • •AFRM grew revenue faster over the past five years (36.90% vs 17.62% CAGR).
  • •TW pays a dividend (0.53% yield), while AFRM has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAFRMTW
P/E ratio12.8224.45
Forward P/E35.6225.43
PEG ratioN/A0.72
P/S ratio5.669.86
P/B ratio4.323.28

Profitability

MetricAFRMTW
Gross marginN/A68.14%
Operating margin15.50%44.13%
Net margin46.11%40.66%
ROE35.19%13.52%

Affirm Holdings, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricAFRMTW
Dividend yieldN/A0.53%
Payout ratioN/A12.92%

Growth (annualized)

MetricAFRMTW
Revenue CAGR (5Y)36.90%17.62%
EPS CAGR (5Y)N/A32.88%
Total return CAGR (5Y)-9.69%4.95%

Frequently asked

Which has the lower trailing P/E, AFRM or TW?
AFRM has the lower trailing P/E: AFRM trades at 12.82 and TW at 24.45. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AFRM or TW?
Over the past five years, AFRM grew revenue faster — AFRM at a 36.90% CAGR versus TW at 17.62%.
Does AFRM or TW pay a bigger dividend?
TW pays a dividend (0.53% yield), while AFRM has no payments in the available dividend history.
Is AFRM or TW more profitable?
AFRM runs the higher net margin — AFRM at 46.11% versus TW at 40.66%.
How have AFRM and TW total returns compared?
Over the past 5 years, AFRM delivered -9.69% and TW delivered 4.95% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 3, 2026.