TWNasdaqSecurity & Commodity Brokers, Dealers, Exchanges & ServicesFiscal year ends December 31

Tradeweb Markets Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026

$114.70+1.21 (+1.07%)

Close on Oct 19, 2026

Market cap: $24.41B
P/E (TTM): 27.4
Dividend yield: 0.42%

Tradeweb Markets Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2017 2017-12-31
Revenue	2,052	1,726	1,338	1,189	1,076	893	776	504
Total Costs & Expenses	1,217	1,048	833	776	718	629	586	415
Operating Income	835	678	505	413	359	263	190	89
Interest Expense	1.94	4.28	2.05	1.81	–	–	–	–
Interest & Investment Income	68	74	67	14	–	–	2.37	0.69
Income from Equity Investments	-0.50	0	0	–	–	–	–	–
Other Non-Operating Income	263	-1.11	-13	-1.00	0	–	–	–
Pretax Income	1,175	754	548	437	370	274	225	90
Income Tax Expense	253	184	128	78	97	56	52	6.13
Net Income incl. Noncontrolling Interests	922	570	420	360	273	218	173	84
Minority Interest in Earnings	109	68	55	50	46	52	47	–
Net Income	813	502	365	309	227	166	84	–
Net Income to Common	812	501	364	309	227	166	–	–
EPS (Basic)(per share)	3.81	2.35	1.73	1.50	1.13	0.92	0.57	–
EPS (Diluted)(per share)	3.78	2.33	1.71	1.48	1.09	0.88	0.54	–
Shares Outstanding (Basic, Weighted)(shares)	213	213	211	206	201	180	148	216
Shares Outstanding (Diluted, Weighted)(shares)	215	215	213	208	207	188	157	216
Dividend per Share(per share)	0.48	0.40	0.36	0.32	0.32	0.32	–	–
EBITDA	1,086	898	691	591	530	417	329	158
Net Interest Income	–	–	65	12	-1.59	-0.32	2.37	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 43.7%
Net margin: 40.7%
Return on equity, FY2025: 13.2%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 27.4
Price to sales: 11.06
Price to book: 3.68
Dividend yield: 0.42%