Nasdaq, Inc. (FRA:NAQ)

Nasdaq Statistics

Total Valuation

Nasdaq has a market cap or net worth of EUR 39.50 billion. The enterprise value is 47.07 billion.

Market Cap	39.50B
Enterprise Value	47.07B

Important Dates

The last earnings date was Thursday, January 29, 2026.

Earnings Date	Jan 29, 2026
Ex-Dividend Date	Dec 5, 2025

Share Statistics

Current Share Class	568.44M
Shares Outstanding	n/a
Shares Change (YoY)	-0.10%
Shares Change (QoQ)	-0.43%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	505.85M

Valuation Ratios

The trailing PE ratio is 25.94 and the forward PE ratio is 20.90.

PE Ratio	25.94
Forward PE	20.90
PS Ratio	5.61
PB Ratio	3.79
P/TBV Ratio	n/a
P/FCF Ratio	23.32
P/OCF Ratio	20.57
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.68, with an EV/FCF ratio of 27.79.

EV / Earnings	30.91
EV / Sales	6.71
EV / EBITDA	16.68
EV / EBIT	21.59
EV / FCF	27.79

Financial Position

The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.78.

Current Ratio	1.01
Quick Ratio	0.20
Debt / Equity	0.78
Debt / EBITDA	2.94
Debt / FCF	4.79
Interest Coverage	6.77

Financial Efficiency

Return on equity (ROE) is 15.25% and return on invested capital (ROIC) is 9.79%.

Return on Equity (ROE)	15.25%
Return on Assets (ROA)	5.06%
Return on Invested Capital (ROIC)	9.79%
Return on Capital Employed (ROCE)	10.76%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	738,766
Profits Per Employee	159,878
Employee Count	9,525
Asset Turnover	0.27
Inventory Turnover	n/a

Taxes

In the past 12 months, Nasdaq has paid 304.91 million in taxes.

Income Tax	304.91M
Effective Tax Rate	16.69%

Stock Price Statistics

The stock price has decreased by -11.98% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-11.98%
50-Day Moving Average	79.03
200-Day Moving Average	77.34
Relative Strength Index (RSI)	33.94
Average Volume (20 Days)	145

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)	1.88

Income Statement

In the last 12 months, Nasdaq had revenue of EUR 7.04 billion and earned 1.52 billion in profits. Earnings per share was 2.63.

Revenue	7.04B
Gross Profit	4.47B
Operating Income	2.12B
Pretax Income	1.83B
Net Income	1.52B
EBITDA	2.65B
EBIT	2.12B
Earnings Per Share (EPS)	2.63

Balance Sheet

The company has 522.94 million in cash and 8.11 billion in debt, with a net cash position of -7.59 billion.

Cash & Cash Equivalents	522.94M
Total Debt	8.11B
Net Cash	-7.59B
Net Cash Per Share	n/a
Equity (Book Value)	10.42B
Book Value Per Share	18.27
Working Capital	35.77M

Cash Flow

In the last 12 months, operating cash flow was 1.92 billion and capital expenditures -226.55 million, giving a free cash flow of 1.69 billion.

Operating Cash Flow	1.92B
Capital Expenditures	-226.55M
Free Cash Flow	1.69B
FCF Per Share	n/a

Margins

Gross margin is 63.53%, with operating and profit margins of 30.08% and 21.64%.

Gross Margin	63.53%
Operating Margin	30.08%
Pretax Margin	25.96%
Profit Margin	21.64%
EBITDA Margin	37.73%
EBIT Margin	30.08%
FCF Margin	24.07%

Dividends & Yields

This stock pays an annual dividend of 0.92, which amounts to a dividend yield of 1.32%.

Dividend Per Share	0.92
Dividend Yield	1.32%
Dividend Growth (YoY)	5.36%
Years of Dividend Growth	14
Payout Ratio	34.79%
Buyback Yield	0.10%
Shareholder Yield	1.42%
Earnings Yield	3.86%
FCF Yield	4.29%

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 2.53 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.53
Piotroski F-Score	8