stockrowTradeweb Markets Inc.
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
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Tradeweb Markets Inc. (TW) EBITDA
Tradeweb Markets Inc.'s EBITDA for fiscal 2025 was $1.1B, up 20.9% from $898.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $1.3B. Over the past ten years it has ranged from $157.7M (fiscal 2017) to $1.1B (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 8 consecutive fiscal years. Tradeweb Markets Inc. ranks 15th of 83 Capital Markets companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $1.1B | 20.88% |
| FY2024 | $898.0M | 30.03% |
| FY2023 | $690.6M | 16.77% |
| FY2022 | $591.5M | 11.57% |
| FY2021 | $530.1M | 27.09% |
| FY2020 | $417.1M | 26.73% |
| FY2019 | $329.1M | 29.54% |
| FY2018 | $254.1M | 61.12% |
| FY2017 | $157.7M | (9.36%) |
| FY2016 | $174.0M | — |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Sep 2026 | $315.7M | 2.93% |
| Jun 2026 | $306.7M | (11.84%) |
| Mar 2026 | $348.0M | 23.78% |
| Dec 2025 | $281.1M | 2.32% |
| 31 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| NMR Nomura Holdings Inc ADR compare | $24.0B |
| IBKR Interactive Brokers Group, Inc. compare | $5.5B |
| LPLA LPL Financial Holdings Inc. compare | $3.0B |
| HOOD Robinhood Markets, Inc. compare | $2.4B |
| JEF Jefferies Financial Group Inc. compare | $2.2B |
| TW Tradeweb Markets Inc. | $1.3B |
| EVR Evercore Inc compare | $1.1B |
| CRCL Circle Internet Group, Inc. compare | $320.8M |
| BMNR BitMine Immersion Technologies, Inc. compare | −$8.9B |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
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- Piotroski F-score
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