Tradeweb Markets (TW) Total Liabilities (2018 - 2026)
Tradeweb Markets (TW) posted Total Liabilities of $912.69 million for Q2 2026, down 31.4% from $1.33 billion a year earlier and down 7.4% from the prior quarter.
Tradeweb Markets (TW) Total Liabilities (2018 - 2026) Analysis & Trends
At the end of FY2025, Tradeweb Markets' Total Liabilities came in at $1 billion, up 15.1% from FY2024.
- Annual Total Liabilities shows a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
- In prior years, Tradeweb Markets' Total Liabilities was $869.11 million in FY2024 (-23.0%), $1.13 billion in FY2023 (+58.0%), $713.82 million in FY2022 (+4.8%) and $681.24 million in FY2021 (+3.1%).
- The Q2 2026 figure stands as the lowest quarterly Total Liabilities since Q1 2025.
- On a year-over-year basis, Total Liabilities increased in five of the last eight quarters, with growth averaging 2.4%.
- The strongest year-over-year quarter for Total Liabilities in the past five years was Q1 2024, with growth of 106.5%; the weakest was Q1 2025, with a decline of 37.7%.
- According to Business Quant data, Total Liabilities for the three prior quarters was $986.11 million (Q1 2026), $1 billion (Q4 2025) and $1.06 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - | 165.53 Bn |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - | 449.94 Bn |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - | 147.08 Bn |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - | 48.19 Bn |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn | 15.38 Bn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn | 5.30 Bn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - | 219.98 Bn |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 153.91 Bn |
| 10 | Tradeweb Markets | 26.89 Bn | 18.69 Bn | - | 1.10 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.10 Bn |
| Jun 30, 2026 | 912.69 Mn |
| Mar 31, 2026 | 986.11 Mn |
| Dec 31, 2025 | 1.00 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.33 Bn |
| Mar 31, 2025 | 822.76 Mn |
| Dec 31, 2024 | 869.11 Mn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 1.32 Bn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 692.81 Mn |
| Jun 30, 2023 | 773.13 Mn |
| Mar 31, 2023 | 639.20 Mn |
| Dec 31, 2022 | 713.82 Mn |
| Sep 30, 2022 | 683.03 Mn |
| Jun 30, 2022 | 618.77 Mn |
| Mar 31, 2022 | 707.39 Mn |
| Dec 31, 2021 | 681.24 Mn |
Tradeweb Markets Total Liabilities 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=total-liabilities&ticker=TW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();