Tradeweb Markets (TW) Equity Average (2018 - 2026)
Tradeweb Markets' quarterly Equity Average came in at $7.2 billion in Q1 2026, up 11.99% year-on-year from $6.5 billion in Q1 2025, and up 2.65% quarter-over-quarter from $7.1 billion in Q4 2025.
Tradeweb Markets has reported Equity Average for 9 years, with the latest figure at $7.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Equity Average rose 11.99% year-over-year to $7.2 billion; the trailing twelve-month figure through Mar 2026 stood at $7.2 billion (up 11.99% YoY), and the FY2025 full-year result was $6.8 billion, up 10.2% from the prior year.
- Equity Average for Q1 2026 stood at $7.2 billion, up from $7.1 billion in the prior quarter.
- The five-year high for Equity Average was $7.2 billion in Q1 2026, with the low at $5.3 billion in Q1 2022.
- Average Equity Average over 5 years is $6.1 billion, with a median of $6.0 billion recorded in 2024.
- Year-over-year, Equity Average advanced 2.9% in 2022 and gained 11.99% in 2026.
- Tracing TW's Equity Average over 5 years: stood at $5.5 billion in 2022, then climbed by 6.76% to $5.9 billion in 2023, then advanced by 8.02% to $6.3 billion in 2024, then rose by 11.34% to $7.1 billion in 2025, then increased by 2.65% to $7.2 billion in 2026.
- The last three Equity Average figures came in at $7.2 billion (Q1 2026), $7.1 billion (Q4 2025), and $6.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 113.51 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 123.88 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 49.33 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 9.42 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 13.03 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 3.38 Bn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 5.52 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.59 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 7.25 Bn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 1.69 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.25 Bn |
| Dec 31, 2025 | 7.06 Bn |
| Sep 30, 2025 | 6.83 Bn |
| Jun 30, 2025 | 6.64 Bn |
| Mar 31, 2025 | 6.47 Bn |
| Dec 31, 2024 | 6.34 Bn |
| Sep 30, 2024 | 6.25 Bn |
| Jun 30, 2024 | 6.14 Bn |
| Mar 31, 2024 | 6.00 Bn |
| Dec 31, 2023 | 5.87 Bn |
| Sep 30, 2023 | 5.76 Bn |
| Jun 30, 2023 | 5.66 Bn |
| Mar 31, 2023 | 5.57 Bn |
| Dec 31, 2022 | 5.50 Bn |
| Sep 30, 2022 | 5.41 Bn |
| Jun 30, 2022 | 5.33 Bn |
| Mar 31, 2022 | 5.30 Bn |
| Dec 31, 2021 | 5.28 Bn |
| Sep 30, 2021 | 5.22 Bn |
| Jun 30, 2021 | 5.18 Bn |
| Mar 31, 2021 | 5.09 Bn |
| Dec 31, 2020 | 4.95 Bn |
| Sep 30, 2020 | 4.85 Bn |
| Jun 30, 2020 | 4.76 Bn |
| Mar 31, 2020 | 4.64 Bn |
| Dec 31, 2019 | 4.54 Bn |
| Sep 30, 2019 | 4.47 Bn |
| Jun 30, 2019 | 4.53 Bn |
| Mar 31, 2019 | 4.59 Bn |
| Dec 31, 2018 | 2.85 Bn |
| Sep 30, 2018 | 1.06 Bn |
| Jun 30, 2018 | 998.66 Mn |