Growth Metrics

Tradeweb Markets (TW) EBITDA (2018 - 2025)

Tradeweb Markets (TW) has 8 years of EBITDA data on record, last reported at $228.1 million in Q4 2025.

  • For Q4 2025, EBITDA rose 16.9% year-over-year to $228.1 million; the TTM value through Dec 2025 reached $860.9 million, up 22.86%, while the annual FY2025 figure was $860.9 million, 22.86% up from the prior year.
  • EBITDA reached $228.1 million in Q4 2025 per TW's latest filing, up from $216.9 million in the prior quarter.
  • Across five years, EBITDA topped out at $228.1 million in Q4 2025 and bottomed at $89.5 million in Q2 2021.
  • Average EBITDA over 5 years is $147.8 million, with a median of $136.9 million recorded in 2023.
  • Peak YoY movement for EBITDA: surged 49.06% in 2021, then increased 9.77% in 2023.
  • A 5-year view of EBITDA shows it stood at $95.3 million in 2021, then grew by 7.9% to $102.8 million in 2022, then surged by 43.01% to $147.0 million in 2023, then surged by 32.72% to $195.1 million in 2024, then rose by 16.9% to $228.1 million in 2025.
  • Per Business Quant database, its latest 3 readings for EBITDA were $228.1 million in Q4 2025, $216.9 million in Q3 2025, and $205.8 million in Q2 2025.