Tradeweb Markets (TW) Equity Ratio (2018 - 2026)

Tradeweb Markets (TW) posted quarterly Equity Ratio of 0.88 for Q1 2026, down 0.81% year-over-year from 0.89 in Q1 2025, and little changed on a QoQ basis from 0.88 in Q4 2025.

Tradeweb Markets (TW) Equity Ratio (2018 - 2026) Analysis & Trends

Tradeweb Markets (TW) has reported Equity Ratio for 9 consecutive years, with 0.88 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Equity Ratio fell 0.81% year-over-year to 0.88; the TTM figure through Mar 2026 stood at 0.88 (down 0.81% YoY), while the FY2025 annual figure was 0.88, changed 0.29% from the prior year.
  • Equity Ratio came in at 0.88 for Q1 2026 at Tradeweb Markets, roughly flat from 0.88 in the prior quarter.
  • The five-year high for Equity Ratio was 0.9 in Q1 2023, with the low at 0.82 in Q1 2024.
  • Average Equity Ratio over 5 years is 0.87, with a median of 0.88 recorded in 2023.
  • Across the five-year window, Equity Ratio declined 8.47% in 2024 and rose 8.13% in 2025, its largest moves.
  • Year by year, Equity Ratio stood at 0.89 in 2022, then decreased by 5.17% to 0.84 in 2023, then increased by 4.79% to 0.88 in 2024, then decreased by 0.29% to 0.88 in 2025, then increased by 0.37% to 0.88 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.88, 0.88, and 0.87 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 0.07
2 Goldman Sachs 309.79 Bn -627.76 Bn - 0.06
3 Schwab Charles 167.21 Bn 122.24 Bn - 0.10
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.18
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 0.21
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 0.30
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 0.88
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 0.04
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 0.37
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 0.41

Historic Data

Download Data
DateValue
Mar 31, 2026 0.88
Dec 31, 2025 0.88
Sep 30, 2025 0.87
Jun 30, 2025 0.83
Mar 31, 2025 0.89
Dec 31, 2024 0.88
Sep 30, 2024 0.86
Jun 30, 2024 0.85
Mar 31, 2024 0.82
Dec 31, 2023 0.84
Sep 30, 2023 0.89
Jun 30, 2023 0.88
Mar 31, 2023 0.90
Dec 31, 2022 0.89
Sep 30, 2022 0.89
Jun 30, 2022 0.90
Mar 31, 2022 0.88
Dec 31, 2021 0.89
Sep 30, 2021 0.88
Jun 30, 2021 0.89