Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Tradeweb Markets (TW) EBITDA Margin (2018 - 2025)

Tradeweb Markets has reported EBITDA Margin over the past 8 years, most recently at 43.77% for Q4 2025.

  • Quarterly results put EBITDA Margin at 43.77% for Q4 2025, up 165.0% from a year ago — trailing twelve months through Dec 2025 was 41.94% (up 134.0% YoY), and the annual figure for FY2025 was 41.95%, up 135.0%.
  • EBITDA Margin for Q4 2025 was 43.77% at Tradeweb Markets, up from 42.62% in the prior quarter.
  • Over the last five years, EBITDA Margin for TW hit a ceiling of 43.77% in Q4 2025 and a floor of 32.91% in Q4 2022.
  • Median EBITDA Margin over the past 5 years was 38.97% (2023), compared with a mean of 38.7%.
  • Biggest five-year swings in EBITDA Margin: surged 682bps in 2023 and later plummeted -290bps in 2024.
  • Tradeweb Markets' EBITDA Margin stood at 34.41% in 2021, then decreased by -4bps to 32.91% in 2022, then rose by 21bps to 39.74% in 2023, then grew by 6bps to 42.12% in 2024, then rose by 4bps to 43.77% in 2025.
  • The last three reported values for EBITDA Margin were 43.77% (Q4 2025), 42.62% (Q3 2025), and 40.11% (Q2 2025) per Business Quant data.