Tradeweb Markets (TW) Tax Rate (2018 - 2026)

Tradeweb Markets' Tax Rate history runs 9 years deep, the most recent figure standing at 23.5% for Q2 2026.

• In Q2 2026, Tax Rate rose 80.0% year-over-year to 23.5%; the TTM figure through Jun 2026 stood at 21.69% (down 216.0% YoY), while the FY2025 annual figure was 21.57%, down 288.0% from the prior year.
• Tax Rate for Q2 2026 stood at 23.5%, up from 23.03% in the prior quarter.
• The five-year high for Tax Rate was 26.58% in Q4 2023, with the low at 12.08% in Q4 2022.
• The 5-year median for Tax Rate is 23.27% (2022), against an average of 22.11%.
• The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 2995 bps in 2022, then surged 1450 bps in 2023.
• Tradeweb Markets' Tax Rate stood at 12.08% in 2022, then jumped by 120 bps to 26.58% in 2023, then slipped by 10 bps to 23.93% in 2024, then slipped by 18 bps to 19.62% in 2025, then increased by 20 bps to 23.5% in 2026.
• Business Quant data shows TW's Tax Rate at 23.5% in Q2 2026, 23.03% in Q1 2026, and 19.62% in Q4 2025.