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Friday 6 November 2026 Export TW’s income statement to Excel — free account

Tradeweb Markets Inc.

TW Financial Capital Markets

Tradeweb Markets Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, up 18.9% from fiscal 2024.

Revenue
+14.9%
EPS
+22.9%
Free cash flow
+2.33%

Quarter to September 2026, against a year earlier

127.63 0.64 +0.50%
Market cap
$29.6B
P/E
29.0×
Fwd P/E
34.5×
Dividend yield
0.42%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Tradeweb Markets Inc. (TW) Book value per share

Alert me on Book value per share

Tradeweb Markets Inc.'s book value per share at the end of fiscal 2025 was 33.7×, up 12.3% from 30.0× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 34.9×. Over the past ten years it has ranged from 0.0× (fiscal 2017) to 33.7× (fiscal 2025) — the current reading is the highest in ten years. Tradeweb Markets Inc. ranks 10th of 96 Capital Markets companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 33.7× 12.26%
FY2024 30.0× 6.75%
FY2023 28.1× 4.29%
FY2022 27.0× 2.36%
FY2021 26.4× (5.26%)
FY2020 27.8× (10.34%)
FY2019 31.0× (2.96%)
FY2018 32.0× —
FY2017 0.0× —
FY2016 7.2× —

Quarterly newest first

Period Book value per share Change
Sep 2026 34.9× 0.92%
Jun 2026 34.5× 0.49%
Mar 2026 34.4× 1.93%
Dec 2025 33.7× 3.74%
32 more quarters

Against its own ten years

Low 0.0× High 33.7×
Ten-year median 28.0×
Current reading's percentile 100

Book value per share against peers

Company Book value per share
LPLA LPL Financial Holdings Inc. compare 73.9×
JEF Jefferies Financial Group Inc. compare 54.2×
IBKR Interactive Brokers Group, Inc. compare 51.4×
TW Tradeweb Markets Inc. 34.9×
BMNR BitMine Immersion Technologies, Inc. compare 21.0×
CRCL Circle Internet Group, Inc. compare 15.3×
HOOD Robinhood Markets, Inc. compare 11.2×
NMR Nomura Holdings Inc ADR compare 8.5×
EVR Evercore Inc compare 0.0×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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