Tradeweb Markets Inc. (TW) Operating margin 2017–2025
Tradeweb Markets Inc. (TW) operating margin by fiscal year — reported operating income divided by reported revenue.
40.7%FY2025 · since FY2017: 15.8% → 40.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 40.7% | +1.4 pp |
| FY2024 | 39.3% | +1.5 pp |
| FY2023 | 37.8% | +3.1 pp |
| FY2022 | 34.7% | +1.4 pp |
| FY2021 | 33.3% | +3.8 pp |
| FY2020 | 29.5% | +5.0 pp |
| FY2019 | 24.5% | — |
| FY2017 | 15.8% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice