WallStSmart

Morgan Stanley (MS)vsTradeweb Markets Inc (TW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Morgan Stanley generates 3290% more annual revenue ($73.17B vs $2.16B). TW leads profitability with a 40.3% profit margin vs 24.7%. TW appears more attractively valued with a PEG of 2.03. MS earns a higher WallStSmart Score of 71/100 (B).

MS

Strong Buy

71

out of 100

Grade: B

Growth: 9.3Profit: 7.5Value: 4.3Quality: 4.0
Piotroski: 5/9Altman Z: 0.38

TW

Strong Buy

69

out of 100

Grade: B-

Growth: 8.7Profit: 8.5Value: 5.0Quality: 9.5
Piotroski: 6/9Altman Z: 5.58

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MS5 strengths · Avg: 9.0/10
Market CapQuality
$339.08B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
40.6%10/10

Strong operational efficiency at 40.6%

Profit MarginProfitability
24.7%9/10

Keeps 25 of every $100 in revenue as profit

Revenue GrowthGrowth
16.3%8/10

16.3% revenue growth

EPS GrowthGrowth
31.9%8/10

Earnings expanding 31.9% YoY

TW6 strengths · Avg: 9.3/10
Profit MarginProfitability
40.3%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
46.5%10/10

Strong operational efficiency at 46.5%

Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
5.5810/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
21.2%8/10

Revenue surging 21.2% year-over-year

EPS GrowthGrowth
39.1%8/10

Earnings expanding 39.1% YoY

Areas to Watch

MS4 concerns · Avg: 1.8/10
PEG RatioValuation
2.542/10

Expensive relative to growth rate

Free Cash FlowQuality
$-7.85B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.382/10

Distress zone — elevated risk

Debt/EquityHealth
3.451/10

Elevated debt levels

TW1 concerns · Avg: 4.0/10
PEG RatioValuation
2.034/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : MS

The strongest argument for MS centers on Market Cap, Operating Margin, Profit Margin. Profitability is solid with margins at 24.7% and operating margin at 40.6%. Revenue growth of 16.3% demonstrates continued momentum.

Bull Case : TW

The strongest argument for TW centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 40.3% and operating margin at 46.5%. Revenue growth of 21.2% demonstrates continued momentum.

Bear Case : MS

The primary concerns for MS are PEG Ratio, Free Cash Flow, Altman Z-Score. Debt-to-equity of 3.45 is elevated, increasing financial risk.

Bear Case : TW

The primary concerns for TW are PEG Ratio.

Key Dynamics to Monitor

MS carries more volatility with a beta of 1.21 — expect wider price swings.

TW is growing revenue faster at 21.2% — sustainability is the question.

TW generates stronger free cash flow (94M), providing more financial flexibility.

Monitor CAPITAL MARKETS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MS scores higher overall (71/100 vs 69/100), backed by strong 24.7% margins and 16.3% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Morgan Stanley

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.

Tradeweb Markets Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Tradeweb Markets Inc. creates and operates electronic marketplaces in the Americas, Europe, the Middle East, Africa, Asia Pacific and internationally.

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