Tradeweb Markets (TW) EBITDA Margin (2018 - 2026)

Tradeweb Markets' EBITDA Margin history runs 9 years deep, the most recent figure standing at 47.66% for Q1 2026.

• In Q1 2026, EBITDA Margin rose 642.0% year-over-year to 47.66%; the TTM figure through Mar 2026 stood at 43.74% (up 335.0% YoY), while the FY2025 annual figure was 41.95%, up 135.0% from the prior year.
• EBITDA Margin was 47.66% for Q1 2026 at Tradeweb Markets, up from 43.77% in the prior quarter.
• In the past five years, EBITDA Margin ranged from a high of 47.66% in Q1 2026 to a low of 32.91% in Q4 2022.
• Historically, EBITDA Margin has averaged 40.04% across 5 years, with a median of 39.74% in 2023.
• The sharpest annual moves came in 2023 and 2024: EBITDA Margin soared 682 bps in 2023, then sank 290 bps in 2024.
• A 5-year view of EBITDA Margin shows it stood at 32.91% in 2022, then advanced by 21 bps to 39.74% in 2023, then climbed by 6 bps to 42.12% in 2024, then advanced by 4 bps to 43.77% in 2025, then climbed by 9 bps to 47.66% in 2026.
• The last three EBITDA Margin figures came in at 47.66% (Q1 2026), 43.77% (Q4 2025), and 42.62% (Q3 2025), per Business Quant data.