Tradeweb Markets Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	1,338	1,189	1,076	892.66	775.57	Upgrade
Revenue Growth (YoY)	12.57%	10.44%	20.59%	15.10%	53.75%	Upgrade
Cost of Revenue	460.31	432.42	407.26	349.66	329.46	Upgrade
Gross Profit	877.91	756.36	669.19	543	446.11	Upgrade
Selling, General & Admin	144.93	127.14	102.87	96.98	88.93	Upgrade
Other Operating Expenses	227.71	216.64	207.49	182.66	167.36	Upgrade
Operating Expenses	372.65	343.79	310.36	279.65	256.29	Upgrade
Operating Income	505.27	412.57	358.83	263.36	189.82	Upgrade
Interest Expense / Income	-65.35	-11.91	1.59	0.32	-2.37	Upgrade
Other Expense / Income	77.28	37.62	33.54	40.67	56.12	Upgrade
Pretax Income	493.34	386.86	323.7	222.37	136.07	Upgrade
Income Tax	128.48	77.52	96.88	56.07	52.3	Upgrade
Net Income	364.87	309.34	226.83	166.3	83.77	Upgrade
Net Income Growth	17.95%	36.38%	36.40%	98.52%	0.14%	Upgrade
Shares Outstanding (Basic)	211	206	201	180	148	Upgrade
Shares Outstanding (Diluted)	213	208	207	188	157	Upgrade
Shares Change	2.05%	0.55%	10.11%	20.24%	-	Upgrade
EPS (Basic)	1.73	1.50	1.13	0.92	0.57	Upgrade
EPS (Diluted)	1.71	1.48	1.09	0.88	0.54	Upgrade
EPS Growth	15.54%	35.78%	23.86%	62.96%	-	Upgrade
Free Cash Flow	684.33	572.73	526.67	400.7	266.54	Upgrade
Free Cash Flow Per Share	3.25	2.79	2.62	2.22	1.80	Upgrade
Dividend Per Share	0.270	0.320	0.320	0.320	0.240	Upgrade
Dividend Growth	-15.63%	0%	0%	33.33%	-	Upgrade
Gross Margin	65.60%	63.62%	62.17%	60.83%	57.52%	Upgrade
Operating Margin	37.76%	34.71%	33.33%	29.50%	24.47%	Upgrade
Profit Margin	27.27%	26.02%	21.07%	18.63%	10.80%	Upgrade
Free Cash Flow Margin	51.14%	48.18%	48.93%	44.89%	34.37%	Upgrade
Effective Tax Rate	26.04%	20.04%	29.93%	25.22%	38.44%	Upgrade
EBITDA	613.34	553.83	496.6	376.48	273.03	Upgrade
EBITDA Margin	45.83%	46.59%	46.13%	42.17%	35.20%	Upgrade
Depreciation & Amortization	185.35	178.88	171.31	153.79	139.33	Upgrade
EBIT	427.99	374.95	325.29	222.69	133.7	Upgrade
EBIT Margin	31.98%	31.54%	30.22%	24.95%	17.24%	Upgrade

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).