Tradeweb Markets Inc. (TW) Operating Margin
- Operating margin · 12 months: Value 43.68%; Formula and calculation Operating income / revenue. Period ending 2026-06-30..
Operating margin
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Operating margin · 12 months | 43.68% | Operating income / revenue. Period ending 2026-06-30. $963.90M ÷ $2.21B × 100 ≈ 43.68% |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating income | 963.90M USD | Operating Income (Loss) |
| Revenue | 2.21B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Cost of products and services | (m) | |
| Research and development | (m) | |
| Selling, general and administration | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Operating income (USD) | Revenue (USD) | Cost of products and services (USD) | Research and development (USD) | Selling, general and administration (USD) | Operating margin |
|---|---|---|---|---|---|---|
| 2026-06-30 | $963.90M | $2.21B | (m) | (m) | (m) | 43.68% |
| 2026-03-31 | $918.49M | $2.16B | (m) | (m) | (m) | 42.51% |
| 2025-12-31 | $835.34M | $2.05B | (m) | (m) | (m) | 40.70% |
| 2025-09-30 | $802.87M | $1.99B | (m) | (m) | (m) | 40.25% |
| 2025-06-30 | $751.81M | $1.93B | (m) | (m) | (m) | 38.86% |
| 2025-03-31 | $714.45M | $1.83B | (m) | (m) | (m) | 39.11% |
| 2024-12-31 | $678.03M | $1.73B | (m) | (m) | (m) | 39.28% |
| 2024-09-30 | $631.12M | $1.63B | (m) | (m) | (m) | 38.66% |
| 2024-06-30 | $596.54M | $1.51B | (m) | (m) | (m) | 39.45% |
| 2024-03-31 | $550.38M | $1.42B | (m) | (m) | (m) | 38.82% |
| 2023-12-31 | $505.27M | $1.34B | (m) | (m) | (m) | 37.76% |
| 2023-09-30 | $455.19M | $1.26B | (m) | (m) | (m) | 36.09% |
| 2023-06-30 | $433.26M | $1.22B | (m) | (m) | (m) | 35.51% |
| 2023-03-31 | $423.54M | $1.21B | (m) | (m) | (m) | 35.10% |
| 2022-12-31 | $412.57M | $1.19B | (m) | (m) | (m) | 34.71% |
| 2022-09-30 | $412.20M | $1.17B | (m) | (m) | (m) | 35.15% |
| 2022-06-30 | $394.92M | $1.15B | (m) | (m) | (m) | 34.32% |
| 2022-03-31 | $372.10M | $1.11B | (m) | (m) | (m) | 33.39% |
| 2021-12-31 | $358.83M | $1.08B | (m) | (m) | (m) | 33.33% |
| 2021-09-30 | $339.23M | $1.03B | (m) | (m) | (m) | 32.85% |
| 2021-06-30 | $312.22M | $980.18M | (m) | (m) | (m) | 31.85% |
| 2021-03-31 | $284.07M | $931.45M | (m) | (m) | (m) | 30.50% |
| 2020-12-31 | $263.36M | $892.66M | (m) | (m) | (m) | 29.50% |
| 2020-09-30 | $246.10M | $856.89M | (m) | (m) | (m) | 28.72% |
| 2020-06-30 | $245.84M | $845.00M | (m) | (m) | (m) | 29.09% |
| 2020-03-31 | $221.16M | $823.38M | (m) | (m) | (m) | 26.86% |
| 2019-12-31 | $189.82M | $775.57M | (m) | (m) | (m) | 24.47% |
| 2019-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-03-31 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-12-31 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-12-31 | $89.09M | $562.97M | (m) | (m) | (m) | 15.83% |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.