Tradeweb Markets Inc. (TW)

Tradeweb Markets Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,418	1,338	1,189	1,076	892.66	775.57
Revenue Growth (YoY)	17.50%	12.57%	10.44%	20.59%	15.10%	53.75%
Cost of Revenue	488.9	460.31	432.42	407.26	349.66	329.46
Gross Profit	928.81	877.91	756.36	669.19	543	446.11
Selling, General & Admin	146.16	144.93	127.14	102.87	96.98	88.93
Other Operating Expenses	232.27	227.71	216.64	207.49	182.66	167.36
Operating Expenses	378.43	372.65	343.79	310.36	279.65	256.29
Operating Income	550.38	505.27	412.57	358.83	263.36	189.82
Interest Expense / Income	-51.14	-65.35	-11.91	1.59	0.32	-2.37
Other Expense / Income	59.46	77.28	37.62	33.54	40.67	56.12
Pretax Income	542.06	493.34	386.86	323.7	222.37	136.07
Income Tax	138.91	128.48	77.52	96.88	56.07	52.3
Net Income	403.15	364.87	309.34	226.83	166.3	83.77
Net Income Growth	28.30%	17.95%	36.38%	36.40%	98.52%	0.14%
Shares Outstanding (Basic)	213	211	206	201	180	148
Shares Outstanding (Diluted)	215	213	208	207	188	157
Shares Change	2.15%	2.05%	0.55%	10.11%	20.24%	-
EPS (Basic)	1.90	1.73	1.50	1.13	0.92	0.57
EPS (Diluted)	1.88	1.71	1.48	1.09	0.88	0.54
EPS Growth	25.33%	15.54%	35.78%	23.86%	62.96%	-
Free Cash Flow	650.85	684.33	572.73	526.67	400.7	266.54
Free Cash Flow Per Share	3.06	3.25	2.79	2.62	2.22	1.80
Dividend Per Share	0.180	0.270	0.320	0.320	0.320	0.240
Dividend Growth	-45.45%	-15.63%	0%	0%	33.33%	-
Gross Margin	65.51%	65.60%	63.62%	62.17%	60.83%	57.52%
Operating Margin	38.82%	37.76%	34.71%	33.33%	29.50%	24.47%
Profit Margin	28.44%	27.27%	26.02%	21.07%	18.63%	10.80%
Free Cash Flow Margin	45.91%	51.14%	48.18%	48.93%	44.89%	34.37%
Effective Tax Rate	25.63%	26.04%	20.04%	29.93%	25.22%	38.44%
EBITDA	680.2	613.34	553.83	496.6	376.48	273.03
EBITDA Margin	47.98%	45.83%	46.59%	46.13%	42.17%	35.20%
Depreciation & Amortization	189.28	185.35	178.88	171.31	153.79	139.33
EBIT	490.92	427.99	374.95	325.29	222.69	133.7
EBIT Margin	34.63%	31.98%	31.54%	30.22%	24.95%	17.24%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).