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

Tradeweb Markets has reported Tax Rate for 9 years, with the latest figure at 23.03% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 102.0% year-over-year to 23.03%; the trailing twelve-month figure through Mar 2026 stood at 21.49% (down 311.0% YoY), and the FY2025 full-year result was 21.57%, down 288.0% from the prior year.
• Tax Rate for Q1 2026 stood at 23.03%, up from 19.62% 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.
• Average Tax Rate over 5 years is 22.02%, with a median of 23.21% recorded in 2022.
• Year-over-year, Tax Rate tumbled 2995 bps in 2022 and surged 1450 bps in 2023.
• Tracing TW's Tax Rate over 5 years: stood at 12.08% in 2022, then soared by 120 bps to 26.58% in 2023, then declined by 10 bps to 23.93% in 2024, then declined by 18 bps to 19.62% in 2025, then grew 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.

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