Tradeweb Markets (TW) Invested Capital (2018 - 2026)
Tradeweb Markets' quarterly Invested Capital came in at $7.3 billion in Q1 2026, up 11.65% year-on-year from $6.5 billion in Q1 2025, and up 1.67% quarter-over-quarter from $7.2 billion in Q4 2025.
Tradeweb Markets has reported Invested Capital for 9 years, with the latest figure at $7.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 11.65% year-over-year to $7.3 billion; the trailing twelve-month figure through Mar 2026 stood at $7.3 billion (up 11.65% YoY), and the FY2025 full-year result was $7.2 billion, up 12.35% from the prior year.
- Invested Capital for Q1 2026 stood at $7.3 billion, 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.
- Year-over-year, Invested Capital climbed 2.49% in 2022 and grew 12.35% in 2025.
- Tracing TW's Invested Capital over 5 years: stood at $5.5 billion in 2022, then climbed by 6.94% to $5.9 billion in 2023, then advanced by 7.88% to $6.4 billion in 2024, then grew by 12.35% to $7.2 billion in 2025, then rose by 1.67% to $7.3 billion in 2026.
- The last three Invested Capital figures came in at $7.3 billion (Q1 2026), $7.2 billion (Q4 2025), and $6.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 486.95 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 122.78 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 49.23 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 9.69 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 5.59 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 3.43 Bn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 12.87 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.94 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 7.31 Bn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 1.69 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 5.17 Bn |
| Dec 31, 2020 | 5.02 Bn |
| Sep 30, 2020 | 4.88 Bn |
| Jun 30, 2020 | 4.83 Bn |
| Mar 31, 2020 | 4.69 Bn |
| Dec 31, 2019 | 4.59 Bn |
| Sep 30, 2019 | 4.49 Bn |
| Jun 30, 2019 | 4.45 Bn |
| Mar 31, 2019 | 4.60 Bn |
| Dec 31, 2018 | 4.57 Bn |
| Sep 30, 2018 | 1.13 Bn |
| Jun 30, 2018 | 988.62 Mn |
| Mar 31, 2018 | 1.01 Bn |