Tradeweb Markets Inc. (TW)

Tradeweb Markets Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,630	1,340	1,706	1,257	972.05	791.28
Trading Asset Securities	-	-	-	-	3.02	-
Accounts Receivable	543.11	67.81	381.18	11.63	-	0.37
Other Receivables	265.91	230.37	168.62	145.67	133.76	105.4
Property, Plant & Equipment	70.32	79.52	58.77	62.35	51.56	63.25
Goodwill	3,150	3,150	2,816	2,780	2,780	2,695
Other Intangible Assets	1,498	1,581	1,139	1,217	1,339	1,352
Investments in Debt & Equity Securities	14.13	10.35	-	20	21.1	21.1
Restricted Cash	1	1	1	1	1	1
Other Current Assets	66.93	54.7	36.81	23.91	20.52	11.67
Long-Term Deferred Tax Assets	651.84	659.2	684.25	689.44	618.97	579.56
Other Long-Term Assets	164.56	94.09	68.38	51.6	49.33	59.77
Total Assets	8,056	7,268	7,060	6,260	5,990	5,680
Accounts Payable	689.5	159.94	408.22	54.92	28.17	33.9
Accrued Expenses	160.71	225.19	165.93	157.45	167.45	139.06
Short-Term Debt	12.38	-	22.39	1	-	3.41
Current Portion of Leases	6.41	13.44	-	-	-	-
Other Current Liabilities	29.3	5.68	0.1	-	0.2	0.2
Long-Term Leases	25.91	22.31	27.46	27.94	24.33	34.46
Long-Term Unearned Revenue	40.61	30.8	25.75	22.83	24.93	23.19
Long-Term Deferred Tax Liabilities	42.86	42.89	20.77	21.25	21.01	19.43
Other Long-Term Liabilities	322.1	368.86	457.52	425.72	412.45	404.33
Total Liabilities	1,330	869.11	1,128	713.82	681.24	660.69
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	4,843	4,813	4,739	4,577	4,401	4,143
Retained Earnings	1,248	996.76	640.38	386.63	242.62	156.04
Comprehensive Income & Other	7.03	-9.98	-5.39	-10.11	1.6	4.31
Total Common Equity	6,098	5,800	5,374	4,954	4,646	4,303
Minority Interest	628.51	598.69	557.65	592.53	663.35	715.71
Shareholders' Equity	6,726	6,399	5,931	5,546	5,309	5,019
Total Liabilities & Equity	8,056	7,268	7,060	6,260	5,990	5,680
Total Debt	44.7	35.75	49.85	28.95	24.33	37.87
Net Cash (Debt)	1,585	1,305	1,657	1,228	950.74	753.41
Net Cash Growth	-6.19%	-21.25%	34.87%	29.19%	26.19%	75.31%
Net Cash Per Share	7.37	6.07	7.79	5.89	4.59	4.00
Filing Date Shares Outstanding	213.39	213.1	212.67	208.16	203.94	198.61
Total Common Shares Outstanding	213.39	212.91	212.02	207.68	203.22	195.01
Working Capital	1,609	1,290	1,697	1,223	931.84	730.44
Book Value Per Share	28.58	27.24	25.35	23.85	22.86	22.07
Tangible Book Value	1,450	1,070	1,420	956.48	526.73	257
Tangible Book Value Per Share	6.79	5.02	6.70	4.61	2.59	1.32

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q