Tradeweb Markets (TW) Dividend Coverage Ratio (2018 - 2026)
Tradeweb Markets' (TW) Dividend Coverage Ratio came in at 6.10 for Q2 2026, up 1.5% from 6.01 a year earlier but down 11.6% from the prior quarter.
Tradeweb Markets (TW) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Tradeweb Markets was 8.11, up 36.2% year-over-year; for FY2025, it came in at 7.94, up 35.0% from FY2024.
- Annual Dividend Coverage Ratio has increased for six consecutive years.
- In prior years, Tradeweb Markets' Dividend Coverage Ratio was 5.88 in FY2024 (+22.4%), 4.81 in FY2023 (+2.6%), 4.69 in FY2022 (+33.4%) and 3.51 in FY2021 (+22.7%).
- Quarterly Dividend Coverage Ratio has run from a low of 3.02 in Q4 2021 to a high of 12.72 in Q4 2025 over five years.
- On a year-over-year basis, Dividend Coverage Ratio has increased in each of the last five quarters, with growth averaging 24.7% over the last eight quarters.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q4 2025, with growth of 90.5%; the weakest was Q4 2021, with a decline of 16.9%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 6.90 (Q1 2026), 12.72 (Q4 2025) and 7.25 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | - |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | - |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 3.21 |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | - |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | - |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | - |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | 4.73 |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | 7.85 |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | 3.93 |
| 10 | Tradeweb Markets | 27.14 Bn | 18.94 Bn | - | 6.71 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.71 |
| Jun 30, 2026 | 6.10 |
| Mar 31, 2026 | 6.90 |
| Dec 31, 2025 | 12.72 |
| Sep 30, 2025 | 7.25 |
| Jun 30, 2025 | 6.01 |
| Mar 31, 2025 | 5.80 |
| Dec 31, 2024 | 6.67 |
| Sep 30, 2024 | 5.34 |
| Jun 30, 2024 | 5.59 |
| Mar 31, 2024 | 5.93 |
| Dec 31, 2023 | 4.68 |
| Sep 30, 2023 | 5.18 |
| Jun 30, 2023 | 4.68 |
| Mar 31, 2023 | 4.69 |
| Dec 31, 2022 | 5.34 |
| Sep 30, 2022 | 4.15 |
| Jun 30, 2022 | 4.18 |
| Mar 31, 2022 | 5.07 |
| Dec 31, 2021 | 3.02 |
Tradeweb Markets Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();