Tradeweb Markets (TW) Invested Capital (2018 - 2026)

Tradeweb Markets (TW) posted quarterly Invested Capital of $7.3 billion for Q1 2026, up 11.65% year-over-year from $6.5 billion in Q1 2025, and up 1.67% on a QoQ basis from $7.2 billion in Q4 2025.

Tradeweb Markets (TW) Invested Capital (2018 - 2026) Analysis & Trends

Tradeweb Markets (TW) has reported Invested Capital for 9 consecutive years, with $7.3 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Invested Capital rose 11.65% year-over-year to $7.3 billion; the TTM figure through Mar 2026 stood at $7.3 billion (up 11.65% YoY), while the FY2025 annual figure was $7.2 billion, up 12.35% from the prior year.
  • Invested Capital came in at $7.3 billion for Q1 2026 at Tradeweb Markets, up from $7.2 billion in the prior quarter.
  • The five-year high for Invested Capital was $7.3 billion in Q1 2026, with the low at $5.3 billion in Q1 2022.
  • Average Invested Capital over 5 years is $6.1 billion, with a median of $6.1 billion recorded in 2024.
  • Across the five-year window, Invested Capital grew 2.49% in 2022 and increased 12.35% in 2025, its largest moves.
  • Year by year, Invested Capital stood at $5.5 billion in 2022, then increased by 6.94% to $5.9 billion in 2023, then grew by 7.88% to $6.4 billion in 2024, then rose by 12.35% to $7.2 billion in 2025, then advanced by 1.67% to $7.3 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $7.3 billion, $7.2 billion, and $6.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 486.95 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 122.78 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 49.23 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 6.75 Bn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.69 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 12.87 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 7.31 Bn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 3.43 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.94 Bn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 1.78 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.31 Bn
Dec 31, 2025 7.19 Bn
Sep 30, 2025 6.93 Bn
Jun 30, 2025 6.73 Bn
Mar 31, 2025 6.55 Bn
Dec 31, 2024 6.40 Bn
Sep 30, 2024 6.29 Bn
Jun 30, 2024 6.21 Bn
Mar 31, 2024 6.08 Bn
Dec 31, 2023 5.93 Bn
Sep 30, 2023 5.81 Bn
Jun 30, 2023 5.72 Bn
Mar 31, 2023 5.60 Bn
Dec 31, 2022 5.55 Bn
Sep 30, 2022 5.45 Bn
Jun 30, 2022 5.37 Bn
Mar 31, 2022 5.29 Bn
Dec 31, 2021 5.31 Bn
Sep 30, 2021 5.25 Bn
Jun 30, 2021 5.20 Bn