Tradeweb Markets (TW) Payout Ratio (2020 - 2026)
Tradeweb Markets' (TW) Payout Ratio came in at 0.12 for Q2 2026, down 26.6% from 0.17 a year earlier but up 0.7% from the prior quarter.
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Analysis
Tradeweb Markets (TW) Payout Ratio (2020 - 2026) Analysis & Trends
For FY2025, Tradeweb Markets' Payout Ratio stood at 0.13, down 25.9% from FY2024.
- Annual Payout Ratio has declined for six consecutive years.
- In prior years, Tradeweb Markets' Payout Ratio was 0.17 in FY2024 (-18.3%), 0.21 in FY2023 (-2.5%), 0.21 in FY2022 (-25.0%) and 0.28 in FY2021 (-18.5%).
- Quarterly Payout Ratio has run from a low of 0.12 in Q1 2026 to a high of 0.28 in Q4 2021 over five years.
- On a year-over-year basis, Payout Ratio has declined in each of the last 19 quarters, with an average decline of 18.1% over the last eight quarters.
- The strongest year-over-year quarter for Payout Ratio in the past five years was Q3 2021, with growth of 76.6%; the weakest was Q1 2026, with a decline of 28.3%.
- According to Business Quant data, Payout Ratio for the three prior quarters was 0.12 (Q1 2026), 0.13 (Q4 2025) and 0.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn |
| 10 | Xp | 16.54 Bn | -5.29 Bn | 105.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.12 |
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.17 |
| Mar 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.21 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.27 |
API Access
Tradeweb Markets Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();