Growth Metrics

Tradeweb Markets (TW) Operating Margin: 2018-2025

Historic Operating Margin for Tradeweb Markets (TW) over the last 8 years, with Sep 2025 value amounting to 41.36%.

  • Tradeweb Markets' Operating Margin rose 587.00% to 41.36% in Q3 2025 from the same period last year, while for Sep 2025 it was 40.25%, marking a year-over-year increase of 160.00%. This contributed to the annual value of 39.28% for FY2024, which is 153.00% up from last year.
  • As of Q3 2025, Tradeweb Markets' Operating Margin stood at 41.36%, which was up 6.17% from 38.96% recorded in Q2 2025.
  • Tradeweb Markets' Operating Margin's 5-year high stood at 41.36% during Q3 2025, with a 5-year trough of 31.24% in Q4 2022.
  • For the 3-year period, Tradeweb Markets' Operating Margin averaged around 38.97%, with its median value being 38.96% (2025).
  • Its Operating Margin has fluctuated over the past 5 years, first soared by 704bps in 2023, then crashed by 250bps in 2024.
  • Quarterly analysis of 5 years shows Tradeweb Markets' Operating Margin stood at 32.93% in 2021, then tumbled by 169bps to 31.24% in 2022, then surged by 704bps to 38.28% in 2023, then skyrocketed by 241bps to 40.69% in 2024, then soared by 587bps to 41.36% in 2025.
  • Its Operating Margin stands at 41.36% for Q3 2025, versus 38.96% for Q2 2025 and 40.05% for Q1 2025.