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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Tradeweb Markets (TW) Operating Margin (2018 - 2026)

Tradeweb Markets has reported Operating Margin over the past 9 years, most recently at 46.5% for Q1 2026.

  • For Q1 2026, Operating Margin rose 645.0% year-over-year to 46.5%; the TTM value through Mar 2026 reached 42.51%, up 340.0%, while the annual FY2025 figure was 40.7%, 142.0% up from the prior year.
  • Operating Margin for Q1 2026 was 46.5% at Tradeweb Markets, up from 42.41% in the prior quarter.
  • Over five years, Operating Margin peaked at 46.5% in Q1 2026 and troughed at 31.24% in Q4 2022.
  • A 5-year average of 38.61% and a median of 38.28% in 2023 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: soared 704bps in 2023 and later crashed -250bps in 2024.
  • Year by year, Operating Margin stood at 31.24% in 2022, then grew by 23bps to 38.28% in 2023, then rose by 6bps to 40.69% in 2024, then grew by 4bps to 42.41% in 2025, then increased by 10bps to 46.5% in 2026.
  • Business Quant data shows Operating Margin for TW at 46.5% in Q1 2026, 42.41% in Q4 2025, and 41.36% in Q3 2025.