Tradeweb Markets (TW) Interest Coverage Ratio (2018 - 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.
Tradeweb Markets (TW) Interest Coverage Ratio (2018 - 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 1.56 |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 1.47 |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 1.83 |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 10.21 |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 4.61 |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -0.76 |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 2.23 |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 2.96 |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - | 1.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.19 |
| Mar 31, 2026 | 1.46 |
| Dec 31, 2025 | 219.04 |
| Sep 30, 2025 | 1.09 |
| Jun 30, 2025 | 5.68 |
| Mar 31, 2025 | 55.72 |
| Dec 31, 2024 | 18.06 |
| Sep 30, 2024 | 64.47 |
| Jun 30, 2024 | 5.30 |
| Mar 31, 2024 | 6.24 |
| Dec 31, 2023 | 12.00 |
| Sep 30, 2023 | 38.22 |
| Jun 30, 2023 | 4.78 |
| Mar 31, 2023 | 4.53 |
| Sep 30, 2022 | 3.41 |
| Jun 30, 2022 | 36.35 |
| Mar 31, 2022 | 3.30 |
| Dec 31, 2021 | 9.33 |
| Dec 31, 2020 | 650.73 |
| Dec 31, 2019 | 16.94 |