Tradeweb Markets (TW) Invested Capital (2018 - 2026)
Tradeweb Markets (TW) recorded quarterly Invested Capital of $7.3 billion in Q1 2026, up 1.67% quarter-over-quarter from $7.2 billion in Q4 2025, and up 11.65% on a YoY basis from $6.5 billion in Q1 2025.
Tradeweb Markets (TW) Invested Capital (2018 - 2026) Analysis & Trends
Tradeweb Markets' Invested Capital history runs 9 years deep, the most recent figure standing at $7.3 billion for 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 was $7.3 billion for Q1 2026 at Tradeweb Markets, up from $7.2 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $7.3 billion in Q1 2026 to a low of $5.3 billion in Q1 2022.
- Historically, Invested Capital has averaged $6.1 billion across 5 years, with a median of $6.1 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Invested Capital gained 2.49% in 2022, then advanced 12.35% in 2025.
- A 5-year view of Invested Capital shows it stood at $5.5 billion in 2022, then advanced by 6.94% to $5.9 billion in 2023, then gained by 7.88% to $6.4 billion in 2024, then climbed by 12.35% to $7.2 billion in 2025, then increased 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | 1,166.73 Bn |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 486.95 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 122.78 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 49.23 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 9.69 Bn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 5.59 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 12.87 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 7.31 Bn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 2.94 Bn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 3.43 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 |