Tradeweb Markets (TW) Interest Coverage Ratio (2023 - 2026)
Tradeweb Markets (TW) posted quarterly Interest Coverage Ratio of 460.34 for Q1 2026, up 32.4% year-over-year from 347.7 in Q1 2025, and down 16.06% on a QoQ basis from 548.42 in Q4 2025.
Tradeweb Markets (TW) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Tradeweb Markets (TW) has reported Interest Coverage Ratio for 4 consecutive years, with 460.34 the latest figure, recorded in 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 came in at 460.34 for Q1 2026 at Tradeweb Markets, down from 548.42 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 548.42 in Q4 2025, with the low at 97.6 in Q1 2024.
- Average Interest Coverage Ratio over 4 years is 312.71, with a median of 299.8 recorded in 2024.
- Across the five-year window, Interest Coverage Ratio tumbled 64.25% in 2024 and surged 265.78% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio 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 declined by 16.06% to 460.34 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 460.34, 548.42, and 403.01 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.56 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 1.38 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 4.90 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 5.83 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 460.34 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -15.74 |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 36.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |