- US-listed companies
- Tradeweb Markets Inc.
Tradeweb Markets Inc.TW
Market cap
$28B
P/E ratio
76.8x
Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
Transaction fees and commissions | 424 | 518 | 846 | 950 | 1,078 |
Subscription fees | 139 | 142 | 158 | 166 | 184 |
LSEG market data fees | 56 | 60 | 61 | 63 | 64 |
Other | 8 | 9 | 10 | 10 | 12 |
Total revenue | 776 | 893 | 1,076 | 1,189 | 1,338 |
Labor and Related Expense | 329 | 350 | 407 | 432 | 460 |
Depreciation and amortization | 139 | 154 | 171 | 179 | 185 |
Technology and communications | 39 | 48 | 56 | 66 | 78 |
General and administrative | 35 | 35 | 32 | 47 | 51 |
Professional fees | 28 | 29 | 36 | 38 | 42 |
Occupancy | 15 | 15 | 15 | 15 | 16 |
Total expenses | 586 | 629 | 718 | 776 | 833 |
Operating income | 190 | 263 | 359 | 413 | 505 |
Tax receivable agreement liability adjustment | 33 | 11 | 13 | 14 | -9 |
Net interest income (expense) | - | - | -2 | 12 | 65 |
Income (loss) from investments | - | - | - | -1 | - |
Other income (loss), net | - | - | - | - | -13 |
Income before taxes | 225 | 275 | 370 | 437 | 548 |
Provision for income taxes | 52 | 56 | 97 | 78 | 128 |
Net income | 173 | 218 | 273 | 360 | 420 |
Net Income (Loss) Attributable to Noncontrolling Interest | 47 | 52 | 46 | 50 | 55 |
Net income attributable to Tradeweb Markets Inc. | 173 | 218 | 273 | 360 | 420 |
Earnings Per Share, Basic | 0.57 | 0.92 | 1.13 | 1.5 | 1.73 |
Earnings Per Share, Diluted | 0.54 | 0.88 | 1.09 | 1.48 | 1.71 |