Tradeweb Markets (TW) Goodwill (2018 - 2026)
Tradeweb Markets (TW) reported Goodwill of $3.15 billion for Q2 2026, unchanged from $3.15 billion a year earlier and unchanged from the prior quarter.
Analysis
Tradeweb Markets (TW) Goodwill (2018 - 2026) Analysis & Trends
Dating back to Q4 2018, Tradeweb Markets' Goodwill record includes 31 quarters.
- Goodwill has a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- By year, Goodwill came in at $3.15 billion in FY2024 (+11.9%), $2.82 billion in FY2023 (+1.3%), $2.78 billion in FY2022 (unchanged) and $2.78 billion in FY2021 (+3.2%).
- Year over year, Goodwill gained in four of the last eight quarters, with growth averaging 5.5%.
- The high point for year-over-year Goodwill in five years was Q3 2024 (growth of 11.9%); the low point was Q2 2022 (a decline of 0.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.15 billion (Q1 2026), $3.15 billion (Q4 2025) and $3.15 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - |
| 10 | Tradeweb Markets | 26.89 Bn | 18.69 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.15 Bn |
| Jun 30, 2026 | 3.15 Bn |
| Mar 31, 2026 | 3.15 Bn |
| Dec 31, 2025 | 3.15 Bn |
| Sep 30, 2025 | 3.15 Bn |
| Jun 30, 2025 | 3.15 Bn |
| Mar 31, 2025 | 3.15 Bn |
| Dec 31, 2024 | 3.15 Bn |
| Sep 30, 2024 | 3.15 Bn |
| Jun 30, 2024 | 2.86 Bn |
| Mar 31, 2024 | 2.86 Bn |
| Dec 31, 2023 | 2.82 Bn |
| Sep 30, 2023 | 2.82 Bn |
| Jun 30, 2023 | 2.78 Bn |
| Mar 31, 2023 | 2.78 Bn |
| Dec 31, 2022 | 2.78 Bn |
| Sep 30, 2022 | 2.78 Bn |
| Jun 30, 2022 | 2.78 Bn |
| Mar 31, 2022 | 2.78 Bn |
| Dec 31, 2021 | 2.78 Bn |
API Access
Tradeweb Markets Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=TW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();