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

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

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

Tradeweb Markets' Equity Ratio history runs 9 years deep, the most recent figure standing at 0.88 for 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 was 0.88 for Q1 2026 at Tradeweb Markets, roughly flat from 0.88 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.9 in Q1 2023 to a low of 0.82 in Q1 2024.
  • Historically, Equity Ratio has averaged 0.87 across 5 years, with a median of 0.88 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Equity Ratio decreased 8.47% in 2024, then climbed 8.13% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.89 in 2022, then declined by 5.17% to 0.84 in 2023, then advanced by 4.79% to 0.88 in 2024, then declined by 0.29% to 0.88 in 2025, then advanced by 0.37% to 0.88 in 2026.
  • The last three Equity Ratio figures came in at 0.88 (Q1 2026), 0.88 (Q4 2025), and 0.87 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 0.07
3 Goldman Sachs 333.85 Bn -603.70 Bn - 0.06
4 Schwab Charles 160.31 Bn 115.33 Bn - 0.10
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 0.21
6 Interactive Brokers 42.79 Bn 53.38 Bn - 0.03
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 0.30
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 0.88
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 0.37
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 0.04

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