Tradeweb Markets (TW) Enterprise Value (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Enterprise Value of -$1.2 billion for Q1 2026, down 78.74% year-over-year from -$5.9 billion in Q1 2025, and up 11.07% on a QoQ basis from -$1.4 billion in Q4 2025.
Tradeweb Markets (TW) Enterprise Value (2018 - 2026) Analysis & Trends
Tradeweb Markets (TW) has reported Enterprise Value for 9 consecutive years, with -$1.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value fell 78.74% year-over-year to -$1.2 billion; the TTM figure through Mar 2026 stood at -$1.2 billion (down 78.74% YoY), while the FY2025 annual figure was -$1.4 billion, down 89.22% from the prior year.
- Enterprise Value came in at -$1.2 billion for Q1 2026 at Tradeweb Markets, up from -$1.4 billion in the prior quarter.
- The five-year high for Enterprise Value was -$182.9 million in Q1 2022, with the low at -$1.4 billion in Q4 2025.
- Average Enterprise Value over 5 years is -$842.5 million, with a median of -$861.0 million recorded in 2023.
- Across the five-year window, Enterprise Value tumbled 884.46% in 2022 and soared 37.94% in 2024, its largest moves.
- Year by year, Enterprise Value stood at -$664.7 million in 2022, then slumped by 72.83% to -$1.1 billion in 2023, then jumped by 35.45% to -$741.6 million in 2024, then tumbled by 89.22% to -$1.4 billion in 2025, then advanced by 11.07% to -$1.2 billion in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$1.2 billion, -$1.4 billion, and -$1.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -133.53 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -937.55 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | -44.98 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -2.16 Bn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | -4.64 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | -1.02 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | -1.25 Bn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | -1.52 Bn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -2.21 Bn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | -1.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.25 Bn |
| Dec 31, 2025 | -1.40 Bn |
| Sep 30, 2025 | -1.25 Bn |
| Jun 30, 2025 | -1.00 Bn |
| Mar 31, 2025 | -698.16 Mn |
| Dec 31, 2024 | -741.61 Mn |
| Sep 30, 2024 | -587.99 Mn |
| Jun 30, 2024 | -1.14 Bn |
| Mar 31, 2024 | -977.65 Mn |
| Dec 31, 2023 | -1.15 Bn |
| Sep 30, 2023 | -947.48 Mn |
| Jun 30, 2023 | -860.99 Mn |
| Mar 31, 2023 | -634.71 Mn |
| Dec 31, 2022 | -664.70 Mn |
| Sep 30, 2022 | -525.55 Mn |
| Jun 30, 2022 | -303.85 Mn |
| Mar 31, 2022 | -182.95 Mn |
| Dec 31, 2021 | -308.70 Mn |
| Sep 30, 2021 | -163.85 Mn |
| Jun 30, 2021 | -30.87 Mn |