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

Tradeweb Markets' EBT Margin history runs 9 years deep, the most recent figure standing at 49.04% for Q1 2026.

• In Q1 2026, EBT Margin rose 556.0% year-over-year to 49.04%; the TTM figure through Mar 2026 stood at 58.15% (up 1496.0% YoY), while the FY2025 annual figure was 57.25%, up 1354.0% from the prior year.
• EBT Margin was 49.04% for Q1 2026 at Tradeweb Markets, down from 87.63% in the prior quarter.
• In the past five years, EBT Margin ranged from a high of 87.63% in Q4 2025 to a low of 35.69% in Q1 2022.
• Historically, EBT Margin has averaged 44.94% across 5 years, with a median of 42.73% in 2023.
• The sharpest annual moves came in 2024 and 2025: EBT Margin slumped 404 bps in 2024, then jumped 4225 bps in 2025.
• A 5-year view of EBT Margin shows it stood at 38.43% in 2022, then decreased by 1 bps to 38.19% in 2023, then grew by 19 bps to 45.38% in 2024, then jumped by 93 bps to 87.63% in 2025, then slumped by 44 bps to 49.04% in 2026.
• The last three EBT Margin figures came in at 49.04% (Q1 2026), 87.63% (Q4 2025), and 53.01% (Q3 2025), per Business Quant data.