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Side-by-side financial comparison of Floor & Decor Holdings, Inc. (FND) and Tradeweb Markets Inc. (TW). Click either name above to swap in a different company.

Floor & Decor Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $617.8M, roughly 1.9× Tradeweb Markets Inc.). Tradeweb Markets Inc. runs the higher net margin — 37.7% vs 3.4%, a 34.3% gap on every dollar of revenue. On growth, Tradeweb Markets Inc. posted the faster year-over-year revenue change (21.2% vs -0.7%). Over the past eight quarters, Tradeweb Markets Inc.'s revenue compounded faster (23.5% CAGR vs 0.8%).

Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia, United States.

Tradeweb Markets Inc., headquartered in New York City, operates electronic trading platforms primarily used by institutional investors to trade fixed income products, ETFs, and derivatives. It has over 3,000 customers including banks, asset managers, central banks, pension funds, and insurance companies. In 2024, 83% of the company's revenue was from transaction fees and commissions and 17% was from subscription fees. In 2024, 52% of revenue came from products related to rates, 27% of revenue...

FND vs TW — Head-to-Head

Bigger by revenue
FND
FND
1.9× larger
FND
$1.2B
$617.8M
TW
Growing faster (revenue YoY)
TW
TW
+21.9% gap
TW
21.2%
-0.7%
FND
Higher net margin
TW
TW
34.3% more per $
TW
37.7%
3.4%
FND
Faster 2-yr revenue CAGR
TW
TW
Annualised
TW
23.5%
0.8%
FND

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FND
FND
TW
TW
Revenue
$1.2B
$617.8M
Net Profit
$39.7M
$233.2M
Gross Margin
44.0%
Operating Margin
4.5%
46.5%
Net Margin
3.4%
37.7%
Revenue YoY
-0.7%
21.2%
Net Profit YoY
-18.8%
38.5%
EPS (diluted)
$0.37
$0.96

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FND
FND
TW
TW
Q1 26
$1.2B
$617.8M
Q4 25
$1.1B
$521.2M
Q3 25
$1.2B
$508.6M
Q2 25
$1.2B
$513.0M
Q1 25
$1.2B
$509.7M
Q4 24
$1.1B
$463.3M
Q3 24
$1.1B
$448.9M
Q2 24
$1.1B
$405.0M
Net Profit
FND
FND
TW
TW
Q1 26
$39.7M
$233.2M
Q4 25
$39.3M
$325.0M
Q3 25
$57.3M
$185.6M
Q2 25
$63.2M
$153.8M
Q1 25
$48.9M
$148.4M
Q4 24
$47.5M
$142.2M
Q3 24
$51.7M
$113.9M
Q2 24
$56.7M
$119.2M
Gross Margin
FND
FND
TW
TW
Q1 26
44.0%
Q4 25
43.5%
Q3 25
43.4%
Q2 25
43.9%
Q1 25
43.8%
Q4 24
43.5%
Q3 24
43.5%
Q2 24
43.3%
Operating Margin
FND
FND
TW
TW
Q1 26
4.5%
46.5%
Q4 25
4.6%
42.4%
Q3 25
6.1%
41.4%
Q2 25
6.7%
39.0%
Q1 25
5.5%
40.0%
Q4 24
5.3%
40.7%
Q3 24
5.9%
35.5%
Q2 24
6.3%
40.1%
Net Margin
FND
FND
TW
TW
Q1 26
3.4%
37.7%
Q4 25
3.5%
62.4%
Q3 25
4.9%
36.5%
Q2 25
5.2%
30.0%
Q1 25
4.2%
29.1%
Q4 24
4.3%
30.7%
Q3 24
4.6%
25.4%
Q2 24
5.0%
29.4%
EPS (diluted)
FND
FND
TW
TW
Q1 26
$0.37
$0.96
Q4 25
$0.36
$1.52
Q3 25
$0.53
$0.86
Q2 25
$0.58
$0.71
Q1 25
$0.45
$0.69
Q4 24
$0.44
$0.66
Q3 24
$0.48
$0.53
Q2 24
$0.52
$0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FND
FND
TW
TW
Cash + ST InvestmentsLiquidity on hand
$293.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
Total Assets
$5.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FND
FND
TW
TW
Q1 26
$293.6M
Q4 25
$2.1B
Q3 25
$1.9B
Q2 25
$1.6B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.7B
Stockholders' Equity
FND
FND
TW
TW
Q1 26
$2.5B
Q4 25
$2.4B
$6.5B
Q3 25
$2.4B
$6.3B
Q2 25
$2.3B
$6.1B
Q1 25
$2.2B
$5.9B
Q4 24
$2.2B
$5.8B
Q3 24
$2.1B
$5.7B
Q2 24
$2.0B
$5.6B
Total Assets
FND
FND
TW
TW
Q1 26
$5.6B
Q4 25
$5.5B
$8.2B
Q3 25
$5.5B
$8.0B
Q2 25
$5.4B
$8.1B
Q1 25
$5.4B
$7.4B
Q4 24
$5.1B
$7.3B
Q3 24
$4.9B
$7.3B
Q2 24
$4.8B
$7.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FND
FND
TW
TW
Operating Cash FlowLast quarter
$109.2M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
0.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.75×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FND
FND
TW
TW
Q1 26
$109.2M
Q4 25
$124.1M
$355.9M
Q3 25
$102.5M
$342.3M
Q2 25
$84.1M
$409.2M
Q1 25
$71.2M
$60.2M
Q4 24
$101.4M
$282.0M
Q3 24
$160.3M
$292.1M
Q2 24
$194.0M
$285.7M
Free Cash Flow
FND
FND
TW
TW
Q1 26
$2.0M
Q4 25
$45.1M
$336.5M
Q3 25
$24.5M
$328.3M
Q2 25
$-10.0M
$403.7M
Q1 25
$4.4M
$58.6M
Q4 24
$3.9M
$256.8M
Q3 24
$36.5M
$287.8M
Q2 24
$80.0M
$280.8M
FCF Margin
FND
FND
TW
TW
Q1 26
0.3%
Q4 25
4.0%
64.6%
Q3 25
2.1%
64.5%
Q2 25
-0.8%
78.7%
Q1 25
0.4%
11.5%
Q4 24
0.4%
55.4%
Q3 24
3.3%
64.1%
Q2 24
7.1%
69.4%
Capex Intensity
FND
FND
TW
TW
Q1 26
Q4 25
7.0%
3.7%
Q3 25
6.6%
2.8%
Q2 25
7.8%
1.1%
Q1 25
5.7%
0.3%
Q4 24
8.8%
5.4%
Q3 24
11.1%
1.0%
Q2 24
10.1%
1.2%
Cash Conversion
FND
FND
TW
TW
Q1 26
2.75×
Q4 25
3.15×
1.10×
Q3 25
1.79×
1.84×
Q2 25
1.33×
2.66×
Q1 25
1.46×
0.41×
Q4 24
2.14×
1.98×
Q3 24
3.10×
2.56×
Q2 24
3.42×
2.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FND
FND

Segment breakdown not available.

TW
TW

Transaction fees and commissions$523.8M85%
Subscription fees$60.3M10%
LSEG market data fees$26.7M4%

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