Tradeweb Markets (FRA:4T0) Tax Expense: €232 Mil (TTM As of Mar. 2026)


FRA:4T0 Tradeweb Markets Inc FRA:4T0
93 GF Score
Price €86.52
GF Value €146.13
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Tradeweb Markets Tax Expense?

Tradeweb Markets FRA:4T0 -0.74% 93 Tax Expense is €232 Mil as of Mar. 2026. GuruFocus rates FRA:4T0 with a GF Score™ of 93/100 and a GF Value™ of €146.13 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Tradeweb Markets's tax expense for the months ended in Mar. 2026 was €60 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was €232 Mil.


Tradeweb Markets  (FRA:4T0) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Tradeweb Markets Tax Expense Related Terms


Tradeweb Markets Tax Expense Historical Data

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The historical data trend for Tradeweb Markets's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tradeweb Markets Tax Expense Chart

Tradeweb Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.73 73.18 117.81 176.14 216.47

Tradeweb Markets Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.28 44.68 50.33 76.51 60.34
FRA:4T0
93GF Score
Tradeweb Markets Inc FRA:4T0
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tradeweb Markets Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €232 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of €232 Mil mean?
Tradeweb Markets (FRA:4T0) has a Tax Expense of €232 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Tradeweb Markets and its competitors.
Is Tradeweb Markets' Tax Expense too high?
Tradeweb Markets' current Tax Expense is €232 Mil. Overall, Tradeweb Markets has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tradeweb Markets' Tax Expense compare to LPLA and CRCL?
Tradeweb Markets' Tax Expense of €232 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Capital Markets company?
A good Tax Expense depends on the Capital Markets industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Tradeweb Markets and its competitors. Tradeweb Markets's current Tax Expense is €232 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradeweb Markets stock overvalued right now?
Based on GuruFocus' analysis, Tradeweb Markets (FRA:4T0) is currently considered Significantly Undervalued. The stock's GF Value™ is €146.13, compared to a current price of €86.52 — trading 40.8% below its estimated fair value. The current Tax Expense is €232 Mil. Tradeweb Markets' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Tradeweb Markets (FRA:4T0), the current Tax Expense is €232 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tradeweb Markets (FRA:4T0) Overvalued in 2026?

Based on GuruFocus' analysis, Tradeweb Markets stock appears to be undervalued. The current stock price of €86.52 is trading 40.8% below its estimated GF Value™ of €146.13. GuruFocus considers Tradeweb Markets to be Significantly Undervalued.

Key valuation signals for FRA:4T0:

  • Tax Expense: €232 Mil
  • GF Value™: €146.13 vs. price of €86.52 (40.8% below fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the FRA:4T0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradeweb Markets Business Description

Other Exchanges TW:USA
Address 245 Park Avenue, New York, NY, USA, 10167
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
93GF Score

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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€86.52
Price
€146.13
GF Value