| Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Transaction fees and commissions | 424 | 518 | 846 | 950 | 1,078 | 1,424 |
|---|
| Subscription fees | 139 | 142 | 158 | 166 | 184 | 207 |
|---|
| LSEG market data fees | 56 | 60 | 61 | 63 | 64 | 82 |
|---|
| Other | 8 | 9 | 10 | 10 | 12 | 14 |
|---|
| Total revenue | 776 | 893 | 1,076 | 1,189 | 1,338 | 1,726 |
|---|
| Labor and Related Expense | 329 | 350 | 407 | 432 | 460 | 593 |
|---|
| Depreciation and amortization | 139 | 154 | 171 | 179 | 185 | 220 |
|---|
| Technology and communications | 39 | 48 | 56 | 66 | 78 | 99 |
|---|
| General and administrative | 35 | 35 | 32 | 47 | 51 | 56 |
|---|
| Professional fees | 28 | 29 | 36 | 38 | 42 | 60 |
|---|
| Occupancy | 15 | 15 | 15 | 15 | 16 | 20 |
|---|
| Total expenses | 586 | 629 | 718 | 776 | 833 | 1,048 |
|---|
| Operating income | 190 | 263 | 359 | 413 | 505 | 678 |
|---|
| Tax receivable agreement liability adjustment | 33 | 11 | 13 | 14 | -9 | 8 |
|---|
| Interest income | - | - | - | - | - | 74 |
|---|
| Interest expense | - | - | - | - | - | 4 |
|---|
| Other income (loss), net | - | - | - | - | -13 | -1 |
|---|
| Income before taxes | 225 | 275 | 370 | 437 | 548 | 754 |
|---|
| Provision for income taxes | 52 | 56 | 97 | 78 | 128 | 184 |
|---|
| Net income | 173 | 218 | 273 | 360 | 420 | 570 |
|---|
| Net Income (Loss) Attributable to Noncontrolling Interest | 47 | 52 | 46 | 50 | 55 | 68 |
|---|
| Net income attributable to Tradeweb Markets Inc. | 173 | 218 | 273 | 360 | 420 | 570 |
|---|
| Earnings Per Share, Basic | 0.57 | 0.92 | 1.13 | 1.5 | 1.73 | 2.35 |
|---|
| Earnings Per Share, Diluted | 0.54 | 0.88 | 1.09 | 1.48 | 1.71 | 2.33 |
|---|