Nasdaq, Inc. (ETR:NAQ)

Nasdaq Statistics

Total Valuation

Nasdaq has a market cap or net worth of EUR 47.97 billion. The enterprise value is 55.69 billion.

Market Cap	47.97B
Enterprise Value	55.69B

Important Dates

The last earnings date was Wednesday, July 23, 2025.

Earnings Date	Jul 23, 2025
Ex-Dividend Date	Jun 13, 2025

Share Statistics

Current Share Class	573.80M
Shares Outstanding	n/a
Shares Change (YoY)	+5.21%
Shares Change (QoQ)	-0.17%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	511.57M

Valuation Ratios

The trailing PE ratio is 37.36 and the forward PE ratio is 27.57.

PE Ratio	37.36
Forward PE	27.57
PS Ratio	6.95
PB Ratio	4.77
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.22, with an EV/FCF ratio of 30.65.

EV / Earnings	43.37
EV / Sales	7.96
EV / EBITDA	21.22
EV / EBIT	27.94
EV / FCF	30.65

Financial Position

The company has a current ratio of 0.96, with a Debt / Equity ratio of 0.82.

Current Ratio	0.96
Quick Ratio	0.21
Debt / Equity	0.82
Debt / EBITDA	3.25
Debt / FCF	4.54
Interest Coverage	5.70

Financial Efficiency

Return on equity (ROE) is 13.25% and return on invested capital (ROIC) is 6.59%.

Return on Equity (ROE)	13.25%
Return on Assets (ROA)	4.64%
Return on Invested Capital (ROIC)	6.59%
Return on Capital Employed (ROCE)	9.90%
Revenue Per Employee	727,614
Profits Per Employee	135,278
Employee Count	9,162
Asset Turnover	0.27
Inventory Turnover	n/a

Taxes

In the past 12 months, Nasdaq has paid 277.59 million in taxes.

Income Tax	277.59M
Effective Tax Rate	17.79%

Stock Price Statistics

The stock price has increased by +34.30% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+34.30%
50-Day Moving Average	77.48
200-Day Moving Average	74.13
Relative Strength Index (RSI)	63.04
Average Volume (20 Days)	138

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	1.49

Income Statement

In the last 12 months, Nasdaq had revenue of EUR 6.91 billion and earned 1.28 billion in profits. Earnings per share was 2.21.

Revenue	6.91B
Gross Profit	4.19B
Operating Income	1.92B
Pretax Income	1.56B
Net Income	1.28B
EBITDA	2.44B
EBIT	1.92B
Earnings Per Share (EPS)	2.21

Balance Sheet

The company has 632.66 million in cash and 8.25 billion in debt, giving a net cash position of -7.62 billion.

Cash & Cash Equivalents	632.66M
Total Debt	8.25B
Net Cash	-7.62B
Net Cash Per Share	n/a
Equity (Book Value)	10.06B
Book Value Per Share	17.52
Working Capital	-259.71M

Cash Flow

In the last 12 months, operating cash flow was 2.01 billion and capital expenditures -190.74 million, giving a free cash flow of 1.82 billion.

Operating Cash Flow	2.01B
Capital Expenditures	-190.74M
Free Cash Flow	1.82B
FCF Per Share	n/a

Margins

Gross margin is 60.60%, with operating and profit margins of 27.75% and 18.59%.

Gross Margin	60.60%
Operating Margin	27.75%
Pretax Margin	22.59%
Profit Margin	18.59%
EBITDA Margin	35.37%
EBIT Margin	27.75%
FCF Margin	26.31%

Dividends & Yields

This stock pays an annual dividend of 0.90, which amounts to a dividend yield of 1.09%.

Dividend Per Share	0.90
Dividend Yield	1.09%
Dividend Growth (YoY)	7.89%
Years of Dividend Growth	3
Payout Ratio	37.73%
Buyback Yield	-5.21%
Shareholder Yield	-4.12%
Earnings Yield	2.68%
FCF Yield	3.79%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 29, 2022. It was a forward split with a ratio of 3.

Last Split Date	Aug 29, 2022
Split Type	Forward
Split Ratio	3

Scores

Nasdaq has an Altman Z-Score of 2.32 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.32
Piotroski F-Score	7