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Tradeweb Markets (TW) Tax Rate (2018 - 2025)

Tradeweb Markets (TW) has 8 years of Tax Rate data on record, last reported at 19.62% in Q4 2025.

  • For Q4 2025, Tax Rate fell 431.0% year-over-year to 19.62%; the TTM value through Dec 2025 reached 21.57%, down 288.0%, while the annual FY2025 figure was 21.57%, 288.0% down from the prior year.
  • Tax Rate reached 19.62% in Q4 2025 per TW's latest filing, down from 21.91% in the prior quarter.
  • Across five years, Tax Rate topped out at 42.03% in Q4 2021 and bottomed at 12.33% in Q1 2022.
  • Average Tax Rate over 5 years is 23.26%, with a median of 23.32% recorded in 2021.
  • Peak YoY movement for Tax Rate: soared 2245bps in 2021, then crashed -431bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 42.03% in 2021, then plummeted by -45bps to 23.21% in 2022, then increased by 15bps to 26.58% in 2023, then dropped by -10bps to 23.93% in 2024, then dropped by -18bps to 19.62% in 2025.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 19.62% in Q4 2025, 21.91% in Q3 2025, and 22.7% in Q2 2025.