Nasdaq, Inc. (LON:0K4T)

Nasdaq Statistics

Total Valuation

Nasdaq has a market cap or net worth of GBP 40.45 billion. The enterprise value is 47.08 billion.

Market Cap	40.45B
Enterprise Value	47.08B

Important Dates

The next estimated earnings date is Wednesday, October 22, 2025.

Earnings Date	Oct 22, 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 36.75 and the forward PE ratio is 27.08.

PE Ratio	36.75
Forward PE	27.08
PS Ratio	6.83
PB Ratio	4.69
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 20.90, with an EV/FCF ratio of 30.22.

EV / Earnings	42.77
EV / Sales	7.84
EV / EBITDA	20.90
EV / EBIT	27.52
EV / FCF	30.22

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	623,706
Profits Per Employee	115,960
Employee Count	9,162
Asset Turnover	0.27
Inventory Turnover	n/a

Taxes

In the past 12 months, Nasdaq has paid 237.95 million in taxes.

Income Tax	237.95M
Effective Tax Rate	17.79%

Stock Price Statistics

The stock price has increased by +33.67% in the last 52 weeks. The beta is 1.01, so Nasdaq's price volatility has been similar to the market average.

Beta (5Y)	1.01
52-Week Price Change	+33.67%
50-Day Moving Average	92.43
200-Day Moving Average	82.46
Relative Strength Index (RSI)	52.70
Average Volume (20 Days)	2,601

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)	1.86

Income Statement

In the last 12 months, Nasdaq had revenue of GBP 5.92 billion and earned 1.10 billion in profits. Earnings per share was 1.90.

Revenue	5.92B
Gross Profit	3.59B
Operating Income	1.64B
Pretax Income	1.34B
Net Income	1.10B
EBITDA	2.09B
EBIT	1.64B
Earnings Per Share (EPS)	1.90

Balance Sheet

The company has 542.32 million in cash and 7.07 billion in debt, giving a net cash position of -6.53 billion.

Cash & Cash Equivalents	542.32M
Total Debt	7.07B
Net Cash	-6.53B
Net Cash Per Share	n/a
Equity (Book Value)	8.63B
Book Value Per Share	15.02
Working Capital	-222.62M

Cash Flow

In the last 12 months, operating cash flow was 1.72 billion and capital expenditures -163.50 million, giving a free cash flow of 1.56 billion.

Operating Cash Flow	1.72B
Capital Expenditures	-163.50M
Free Cash Flow	1.56B
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 0.76, which amounts to a dividend yield of 0.80%.

Dividend Per Share	0.76
Dividend Yield	0.80%
Dividend Growth (YoY)	5.88%
Years of Dividend Growth	6
Payout Ratio	37.73%
Buyback Yield	-5.21%
Shareholder Yield	-4.41%
Earnings Yield	2.72%
FCF Yield	3.85%

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