v3.25.1
Non-Controlling Interests (Tables)
3 Months Ended
Mar. 31, 2025
Noncontrolling Interest [Abstract]  
Schedule of the Ownership Interest in Noncontrolling Interest
The following table summarizes the ownership interest in Tradeweb Markets LLC:
March 31, 2025March 31, 2024
LLC
Interests
Ownership
%
LLC
Interests
Ownership
%
Number of LLC Interests held by Tradeweb Markets Inc.213,330,868 90.2 %213,098,420 90.2 %
Number of LLC Interests held by non-controlling interests23,066,538 9.8 %23,077,973 9.8 %
Total LLC Interests outstanding236,397,406 100.0 %236,176,393 100.0 %
Schedule of the Impact on Equity Due to Changes in the Company’s Ownership Interest in Noncontrolling Interest
The following table summarizes the impact on Tradeweb Market Inc.’s equity due to changes in the Corporation’s ownership interest in TWM LLC:
Net Income Attributable to Tradeweb Markets Inc. and Transfers (to) from the Non-Controlling InterestsThree Months Ended
March 31,
20252024
(dollars in thousands)
Net income attributable to Tradeweb Markets Inc.$148,382 $126,142 
Transfers (to) from non-controlling interests:
Increase/(decrease) in Tradeweb Markets Inc.’s additional paid-in capital as a result of ownership changes in TWM LLC3,795 1,333 
Net transfers (to) from non-controlling interests3,795 1,333 
Change from net income attributable to Tradeweb Markets Inc. and transfers (to) from non-controlling interests$152,177 $127,475