Tradeweb Markets Inc (TW) — Cash Flow Quality Index

Latest as of December 2025: 1.10x

Tradeweb Markets Inc (TW) has a Cash Flow Quality Index of 1.10x as of December 2025. Operating cash flow of $355.95 Million exceeds net income of $324.74 Million, indicating high earnings quality where cash backs reported profits. Explore Tradeweb Markets Inc (TW) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.10x
Operating CF / Net Income

Operating Cash Flow

$355.95 Million
USD

Net Income

$324.74 Million
USD

Data as of

Dec 2025
Most recent filing

Tradeweb Markets Inc Cash Flow Quality Index (1999–2025)

Historical Cash Flow Quality Index for Tradeweb Markets Inc across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tradeweb Markets Inc cash flow conversion.

Annual Cash Flow Quality Index for Tradeweb Markets Inc (1999–2025)

Year-by-year earnings quality comparison for Tradeweb Markets Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.44x $1.17 Billion $812.79 Million ▼ -8.8%
2024 1.58x $897.74 Million $569.96 Million ▼ -11.4%
2023 1.78x $746.09 Million $419.50 Million ▲ +1.1%
2022 1.76x $632.82 Million $359.61 Million ▼ -16.9%
2021 2.12x $578.02 Million $273.11 Million ▲ +4.3%
2020 2.03x $443.23 Million $218.39 Million ▲ +12.9%
2019 1.80x $311.00 Million $173.02 Million ▲ +3.3%
2018 1.74x $277.38 Million $159.47 Million ▼ -35.2%
2017 2.68x $224.58 Million $83.65 Million ▲ +45.6%
2016 1.84x $171.84 Million $93.16 Million ▲ +23.8%
2014 1.49x $573.52 Million $384.98 Million ▲ +17.4%
2013 1.27x $456.09 Million $359.30 Million ▼ -23.8%
2012 1.67x $531.31 Million $318.81 Million ▲ +37.2%
2011 1.21x $316.06 Million $260.21 Million ▼ -56.4%
2010 2.78x $541.24 Million $194.44 Million ▲ +79.2%
2008 1.55x $227.55 Million $146.46 Million ▼ -14.9%
2007 1.83x $283.73 Million $155.44 Million ▲ +27.0%
2006 1.44x $167.11 Million $116.28 Million ▼ -25.9%
2005 1.94x $169.12 Million $87.19 Million ▲ +48.6%
2004 1.31x $68.08 Million $52.16 Million ▲ +11.0%
2003 1.18x $59.49 Million $50.59 Million ▼ -10.0%
2002 1.31x $74.71 Million $57.17 Million ▲ +19.3%
2001 1.10x $51.58 Million $47.08 Million ▲ +12.7%
2000 0.97x $43.18 Million $44.44 Million ▼ -51.2%
1999 1.99x $36.93 Million $18.53 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.