Tradeweb Markets Inc. Cash Flow Statement
TW / Financials|9 years of annual SEC 10-K data (FY2017-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 9 fiscal years. All figures from audited SEC 10-K filings.
Tradeweb Markets Inc. generated $1.2B in operating cash flow and $1.1B in free cash flow in FY2025. Free cash flow margin was 54.9% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 29.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $812.8M | $501.5M | $226.8M | $166.3M | $83.8M | $83.8M | $83.8M | $130.2M | $83.6M |
| Depreciation & Amortization | $250.2M | $220.0M | $171.3M | $153.8M | $139.3M | $48.8M | $139.3M | $48.8M | $68.6M |
| Operating Cash Flow | $1.2B | $897.7M | $578.0M | $443.2M | $311.0M | $164.8M | $311.0M | $164.8M | $224.6M |
| Capital Expenditures | $40.6M | $41.0M | $16.9M | $11.5M | $15.8M | $6.3M | $15.8M | $6.3M | $13.5M |
| Free Cash Flow | $1.1B | $856.8M | $561.1M | $431.7M | $295.2M | $158.5M | $295.2M | $158.5M | $211.1M |
| Share Buybacks | $104.2M | $59.1M | $75.7M | $0 | $0 | - | $0 | - | - |
| Dividends Paid | - | - | $64.6M | $58.1M | $35.9M | $0 | - | $0 | - |
| FCF Margin | 54.9% | 49.6% | 52.1% | 48.4% | 38.1% | 33.1% | 38.1% | 33.1% | 41.9% |