Tradeweb 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) Free cash flow
Tradeweb Markets Inc.'s free cash flow for fiscal 2025 was $1.1B, up 31.6% from $808.9M in fiscal 2024. Over the twelve months to 30 September 2026 it was $1.1B. Over the past ten years it has ranged from $171.8M (fiscal 2016) to $1.1B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 9 consecutive fiscal years. Tradeweb Markets Inc. ranks 12th of 92 Capital Markets companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $1.1B | 31.61% |
| FY2024 | $808.9M | 18.20% |
| FY2023 | $684.3M | 19.49% |
| FY2022 | $572.7M | 8.74% |
| FY2021 | $526.7M | 31.44% |
| FY2020 | $400.7M | 50.33% |
| FY2019 | $266.5M | 13.28% |
| FY2018 | $235.3M | 27.90% |
| FY2017 | $184.0M | 7.05% |
| FY2016 | $171.8M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $318.1M | (13.28%) |
| Jun 2026 | $366.9M | 378.21% |
| Mar 2026 | $76.7M | (76.11%) |
| Dec 2025 | $321.1M | 3.30% |
| 32 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| IBKR Interactive Brokers Group, Inc. compare | $15.8B |
| NMR Nomura Holdings Inc ADR compare | $5.3B |
| JEF Jefferies Financial Group Inc. compare | $4.2B |
| HOOD Robinhood Markets, Inc. compare | $3.0B |
| EVR Evercore Inc compare | $1.6B |
| TW Tradeweb Markets Inc. | $1.1B |
| LPLA LPL Financial Holdings Inc. compare | $1.0B |
| CRCL Circle Internet Group, Inc. compare | $667.5M |
| BMNR BitMine Immersion Technologies, Inc. compare | −$19.4B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on TW
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- Net income
- EPS (diluted)
- EBITDA
- 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
- Shares outstanding
- Book value per share
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- Piotroski F-score
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