Tradeweb Markets Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
TW$129.63+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Equity for the
Condensed Consolidated Statements of Changes in Equity
| Tradeweb Markets Inc. Stockholders’ Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Par Value | |||||||||
| Class ACommon Stock | Class BCommon Stock | Class CCommon Stock | Class DCommon Stock | AdditionalPaid-InCapital | AccumulatedOtherComprehensiveIncome (Loss) | RetainedEarnings | Non-ControllingInterests | TotalEquity | |
| Balance at December 31, 2023 | $1 | $1 | $— | $— | $4,738,758 | $(5,389) | $640,384 | $557,651 | $5,931,406 |
| Issuance of common stock from equity incentive plans | — | — | — | — | 2,807 | — | — | — | 2,807 |
| Issuance of common stock for business acquisitions | — | — | — | — | 36,692 | — | — | — | 36,692 |
| Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans | — | — | — | — | 18,358 | — | — | — | 18,358 |
| Adjustments to non-controlling interests | — | — | — | — | 1,333 | (3) | — | (1,330) | — |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (6,095) | (6,095) |
| Dividends ($0.10 per share) | — | — | — | — | — | — | (21,286) | — | (21,286) |
| Stock-based compensation expense | — | — | — | — | 16,959 | — | — | — | 16,959 |
| Payroll taxes paid for stock-based compensation | — | — | — | — | (43,832) | — | — | — | (43,832) |
| Net income | — | — | — | — | — | — | 126,142 | 17,240 | 143,382 |
| Foreign currency translation adjustments | — | — | — | — | — | (2,132) | — | (232) | (2,364) |
| Balance at March 31, 2024 | $1 | $1 | $— | $— | $4,771,075 | $(7,524) | $745,240 | $567,234 | $6,076,027 |
| Issuance of common stock from equity incentive plans | — | — | — | — | 2,021 | — | — | — | 2,021 |
| Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans | — | — | — | — | 761 | — | — | — | 761 |
| Adjustments to non-controlling interests | — | — | — | — | (2,198) | — | — | 2,198 | — |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (9,963) | (9,963) |
| Dividends ($0.10 per share) | — | — | — | — | — | — | (21,321) | — | (21,321) |
| Stock-based compensation expense | — | — | — | — | 24,350 | — | — | — | 24,350 |
| Payroll taxes paid for stock-based compensation | — | — | — | — | (447) | — | — | — | (447) |
| Net income | — | — | — | — | — | — | 119,239 | 17,177 | 136,416 |
| Foreign currency translation adjustments | — | — | — | — | — | (396) | — | (43) | (439) |
| Balance at June 30, 2024 | $1 | $1 | $— | $— | $4,795,562 | $(7,920) | $843,158 | $576,603 | $6,207,405 |
| Issuance of common stock from equity incentive plans | — | — | — | — | 1,915 | — | — | — | 1,915 |
| Issuance of common stock for business acquisitions | — | — | — | — | 3,333 | — | — | — | 3,333 |
| Share repurchases pursuant to share repurchase programs | — | — | — | — | — | — | (25,004) | — | (25,004) |
| Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans | — | — | — | — | (36,164) | — | — | — | (36,164) |
| Adjustments to non-controlling interests | — | — | — | — | (623) | — | — | 623 | — |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (8,768) | (8,768) |
| Dividends ($0.10 per share) | — | — | — | — | — | — | (21,320) | — | (21,320) |
| Stock-based compensation expense | — | — | — | — | 26,858 | — | — | — | 26,858 |
| Payroll taxes paid for stock-based compensation | — | — | — | — | (2,101) | — | — | — | (2,101) |
| Net income | — | — | — | — | — | — | 113,916 | 16,307 | 130,223 |
| Foreign currency translation adjustments | — | — | — | — | — | 9,035 | — | 979 | 10,014 |
| Balance at September 30, 2024 | $1 | $1 | $— | $— | $4,788,780 | $1,115 | $910,750 | $585,744 | $6,286,391 |
Condensed Consolidated Statements of Changes in Equity – (Continued)
(in thousands, except share and per share amounts)
| Tradeweb Markets Inc. Stockholders’ Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Par Value | |||||||||
| Class ACommon Stock | Class BCommon Stock | Class CCommon Stock | Class DCommon Stock | AdditionalPaid-InCapital | AccumulatedOtherComprehensiveIncome (Loss) | RetainedEarnings | Non-ControllingInterests | TotalEquity | |
| Balance at December 31, 2022 | $1 | $1 | $— | $— | $4,577,270 | $(10,113) | $386,632 | $592,525 | $5,546,316 |
| Issuance of common stock from equity incentive plans | — | — | — | — | 6,320 | — | — | — | 6,320 |
| Share repurchases pursuant to share repurchase programs | — | — | — | — | — | — | (22,706) | — | (22,706) |
| Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans | — | — | — | — | 15,082 | — | — | — | 15,082 |
| Adjustments to non-controlling interests | — | — | — | — | 6,910 | (4) | — | (6,906) | — |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (2,283) | (2,283) |
| Dividends ($0.09 per share) | — | — | — | — | — | — | (18,733) | — | (18,733) |
| Stock-based compensation expense | — | — | — | — | 11,905 | — | — | — | 11,905 |
| Payroll taxes paid for stock-based compensation | — | — | — | — | (39,878) | — | — | — | (39,878) |
| Net income | — | — | — | — | — | — | 87,856 | 14,337 | 102,193 |
| Foreign currency translation adjustments | — | — | — | — | — | 2,352 | — | 297 | 2,649 |
| Balance at March 31, 2023 | $1 | $1 | $— | $— | $4,577,609 | $(7,765) | $433,049 | $597,970 | $5,600,865 |
| Issuance of common stock from equity incentive plans | — | — | — | — | 1,262 | — | — | — | 1,262 |
| Share repurchases pursuant to share repurchase programs | — | — | — | — | — | — | (7,602) | — | (7,602) |
| Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans | — | — | — | — | 27,827 | — | — | — | 27,827 |
| Adjustments to non-controlling interests | — | — | — | — | 72,870 | (120) | — | (72,750) | — |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (3,286) | (3,286) |
| Dividends ($0.09 per share) | — | — | — | — | — | — | (19,048) | — | (19,048) |
| Stock-based compensation expense | — | — | — | — | 16,097 | — | — | — | 16,097 |
| Payroll taxes paid for stock-based compensation | — | — | — | — | (1,870) | — | — | — | (1,870) |
| Net income | — | — | — | — | — | — | 89,082 | 12,857 | 101,939 |
| Foreign currency translation adjustments | — | — | — | — | — | 1,067 | — | 117 | 1,184 |
| Balance at June 30, 2023 | $1 | $1 | $— | $— | $4,693,795 | $(6,818) | $495,481 | $534,908 | $5,717,368 |
| Issuance of common stock from equity incentive plans | — | — | — | — | 412 | — | — | — | 412 |
| Share repurchases pursuant to share repurchase programs | — | — | — | — | — | — | (4,897) | — | (4,897) |
| Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans | — | — | — | — | 2,801 | — | — | — | 2,801 |
| Adjustments to non-controlling interests | — | — | — | — | (404) | — | — | 404 | — |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (1,963) | (1,963) |
| Dividends ($0.09 per share) | — | — | — | — | — | — | (19,049) | — | (19,049) |
| Stock-based compensation expense | — | — | — | — | 17,668 | — | — | — | 17,668 |
| Payroll taxes paid for stock-based compensation | — | — | — | — | (7,773) | — | — | — | (7,773) |
| Net income | — | — | — | — | — | — | 98,614 | 13,016 | 111,630 |
| Foreign currency translation adjustments | — | — | — | — | — | (4,018) | — | (438) | (4,456) |
| Balance at September 30, 2023 | $1 | $1 | $— | $— | $4,706,499 | $(10,836) | $570,149 | $545,927 | $5,811,741 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.