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
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