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

Tradeweb Markets (TW) recorded quarterly Interest Coverage Ratio of 460.34 in Q1 2026, down 16.06% quarter-over-quarter from 548.42 in Q4 2025, and up 32.4% on a YoY basis from 347.7 in Q1 2025.

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

Tradeweb Markets' Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 460.34 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 32.4% year-over-year to 460.34; the TTM figure through Mar 2026 stood at 464.35 (up 104.6% YoY), while the FY2025 annual figure was 430.36, up 171.6% from the prior year.
  • Interest Coverage Ratio was 460.34 for Q1 2026 at Tradeweb Markets, down from 548.42 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 548.42 in Q4 2025 to a low of 97.6 in Q1 2024.
  • Historically, Interest Coverage Ratio has averaged 312.71 across 4 years, with a median of 299.8 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio slumped 64.25% in 2024, then surged 265.78% in 2025.
  • A 4-year view of Interest Coverage Ratio shows it stood at 212.34 in 2023, then soared by 54.96% to 329.04 in 2024, then surged by 66.67% to 548.42 in 2025, then decreased by 16.06% to 460.34 in 2026.
  • The last three Interest Coverage Ratio figures came in at 460.34 (Q1 2026), 548.42 (Q4 2025), and 403.01 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.56
3 Goldman Sachs 333.85 Bn -603.70 Bn - 1.38
4 Schwab Charles 160.31 Bn 115.33 Bn - 4.90
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn -
6 Interactive Brokers 42.79 Bn 53.38 Bn - 2.23
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 5.83
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 460.34
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -15.74
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn -

Historic Data

Download Data
DateValue
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