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
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