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

Tradeweb Markets' Tax Rate history runs 9 years deep, the most recent figure standing at 23.03% for Q1 2026.

• In Q1 2026, Tax Rate fell 102.0% year-over-year to 23.03%; the TTM figure through Mar 2026 stood at 21.49% (down 311.0% YoY), while the FY2025 annual figure was 21.57%, down 288.0% from the prior year.
• Tax Rate was 23.03% for Q1 2026 at Tradeweb Markets, up from 19.62% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 26.58% in Q4 2023 to a low of 12.08% in Q4 2022.
• Historically, Tax Rate has averaged 22.02% across 5 years, with a median of 23.21% in 2022.
• The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 2995 bps in 2022, then soared 1450 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 12.08% in 2022, then surged by 120 bps to 26.58% in 2023, then dropped by 10 bps to 23.93% in 2024, then dropped by 18 bps to 19.62% in 2025, then climbed by 17 bps to 23.03% in 2026.
• The last three Tax Rate figures came in at 23.03% (Q1 2026), 19.62% (Q4 2025), and 21.91% (Q3 2025), per Business Quant data.