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NASDAQ · SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES · LARGE CAP

Tradeweb Markets Inc. TW

8 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$2.1B
▲ 18.9% YoY
$812.8M
▲ 62.1% YoY
$1.1B
▲ 31.5% YoY
Growth
USD 2.1B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.1 · Net income 0.8
0.8B1.6B20172019202020212022202320242025
Compound annual growth
+20.0%
+18.1%
+38.0%
+37.3%
+36.7%
+33.8%
+14.5%
+8.4%
+5.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +18.1% a year over five years — but profit grew faster: net income at +37.3%, earnings per share at +33.8%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
45 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 40.7% · Net 44.9%
20%40%20172019202020212022202320242025
ROE
FY2025 · ROE 13.2%
5%10%20172019202020212022202320242025

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders
USD 104.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.1
0.4B0.8B20172019202020212022202320242025
Net buybacks $B Dividends $B
FY2025 · Dividends — · Net buybacks 0.1
-0.8B-1.6B2019202020212022202320242025

USD 104.2M in buybacks — 13% of the year's profit went back to shareholders.

Total assetsUSD 8.2B
EquityUSD 6.5B
CashUSD 2.1B

Equity funds 79% of total assets.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192017
Revenue $B2.11.71.31.21.10.90.80.6
Operating income $B0.80.70.50.40.40.30.20.1
EBITDA $B········
Income tax $B0.30.20.10.10.10.10.10.0
Net income $B0.80.50.40.30.20.20.10.1
Free cash flow $B1.10.90.70.60.60.40.30.2
EPS, diluted $3.782.331.711.481.090.880.54·
Dividend / sh $0.480.400.360.320.320.32··
Payout %········
ROE %13.29.07.16.45.14.32.1·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 33 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySecurity & Commodity Brokers, Dealers, Exchanges & Services
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2017

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