Company / Operating Margin
Tradeweb Markets Inc. Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
40.7%
FY2025
5-year range
24.5% / 40.7%
FY2021-FY2025
Trend
+3.6%
vs FY2024
Sector context
#18 of 105
Financials
What the data says
Tradeweb Markets Inc.'s operating margin of 40.7% is higher than 83% of companies in the Financials sector (FY2025). Operating Margin has increased for 4 consecutive years, from 24.5% in FY2021 to 40.7% in FY2025.
Based on SEC 10-K filings.
40.7% in FY2025 with a 5-year CAGR of +11.4%. Top quartile in the Financials sector.
Improved from 33.3% to 40.7% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +11.2pp
- 5-Year Change
- +11.4pp
- 10-Year Change
- -
Sector benchmark
Top 17% in FinancialsTop 17% of 105This company 40.7% Sector average -49.0%
▼
+183.1% above sector average
Key checks
Key Insights
- Tradeweb Markets Inc.'s operating margin has grown for 4 consecutive years.
- In FY2025, operating margin increased 3.6% year-over-year.
- Currently 89.7pp above the Financials sector average.
- Lowest operating margin in the period was in FY2017.
Company context
Key Data Points
- Strong profit margin: 29.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 40.7% | +3.6% |
| FY2024 | 39.3% | +17.9% |
| FY2023 | 33.3% | +13.0% |
| FY2022 | 29.5% | +20.6% |
| FY2021 | 24.5% | -16.5% |
| FY2020 | 29.3% | +19.7% |
| FY2019 | 24.5% | -16.5% |
| FY2018 | 29.3% | +65.9% |
| FY2017 | 17.7% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026