Tradeweb Markets TW
NASDAQ TW
$103.47 -3.24 (-3.04%)
At close: Sep 2, 2026 · 4:00 PM EDT

Tradeweb Markets (TW) Interest Coverage Ratio (2023 - 2026)

Tradeweb Markets (TW) posted quarterly Interest Coverage Ratio of 1.19 for Q2 2026, down 79.01% year-over-year from 5.68 in Q2 2025, and down 18.17% quarter-over-quarter from 1.46 in Q1 2026.

Analysis

Tradeweb Markets (TW) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

Tradeweb Markets' Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 1.19 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio fell 79.01% year-over-year to 1.19; the TTM figure through Jun 2026 stood at 4.68 (down 78.07% YoY), while the FY2025 annual figure was 4.28, down 26.83% from the prior year.
  • Interest Coverage Ratio for Q2 2026 stood at 1.19, down from 1.46 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 548.42 in Q4 2025, with the low at 166.55 in Q4 2024.
  • The 5-year median for Interest Coverage Ratio is 4.95 (2024), against an average of 25.98.
  • The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio plunged 1413.34% in 2024, then jumped 429.27% in 2025.
  • Tradeweb Markets' Interest Coverage Ratio stood at 16.44 in 2022, then retreated by 22.86% to 12.68 in 2023, then plunged by 1413.34% to 166.55 in 2024, then surged by 429.27% to 548.42 in 2025, then tumbled by 99.78% to 1.19 in 2026.
  • Business Quant data shows TW's Interest Coverage Ratio at 1.19 in Q2 2026, 1.46 in Q1 2026, and 548.42 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Morgan Stanley 329.44 Bn 169.31 Bn - 1.56
2 Goldman Sachs 300.90 Bn -675.44 Bn - 1.47
3 Schwab Charles 188.46 Bn 114.86 Bn - 5.65
4 Robinhood Markets 95.87 Bn 78.49 Bn 1.20 Bn 4.61
5 Interactive Brokers 39.89 Bn -24.41 Bn - 2.23
6 LPL Financial Holdings 28.30 Bn 25.60 Bn - 6.08
7 Circle Internet 22.04 Bn 20.31 Bn 288.85 Mn -
8 Tradeweb Markets 22.00 Bn 19.94 Bn - 485.67
9 Futu Holdings 16.48 Bn -19,683,684.71 Bn 792.50 Mn -
10 UP Fintech Holding 12.74 Bn 12.74 Bn - -2.64
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 485.67
Mar 31, 2026 460.34
Dec 31, 2025 548.42
Sep 30, 2025 403.01
Jun 30, 2025 465.86
Mar 31, 2025 347.70
Dec 31, 2024 329.04
Sep 30, 2024 110.18
Jun 30, 2024 299.80
Mar 31, 2024 97.60
Dec 31, 2023 212.34
Sep 30, 2023 268.83
Jun 30, 2023 249.11
Mar 31, 2023 272.98