Nasdaq, Inc. (NDAQ)

Nasdaq Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Net Income	1,059	1,125	1,187	933	774
Depreciation & Amortization	323	258	278	202	190
Share-Based Compensation	122	106	90	87	79
Other Operating Activities	192	217	-472	30	-80
Operating Cash Flow	1,696	1,706	1,083	1,252	963
Operating Cash Flow Growth	-0.59%	57.53%	-13.50%	30.01%	-6.32%
Capital Expenditures	-158	-152	-163	-188	-127
Acquisitions	-5,766	-41	-2,240	-157	-74
Change in Investments	-67	209	-163	250	-199
Other Investing Activities	-3	33	-87	-27	-14
Investing Cash Flow	-5,994	49	-2,653	-122	-414
Dividends Paid	-441	-383	-350	-320	-305
Share Issuance / Repurchase	-240	-285	-442	-172	-163
Debt Issued / Paid	4,952	-334	409	1,912	-430
Other Financing Activities	-51	2,038	1,801	490	-1,574
Financing Cash Flow	4,220	1,036	1,418	1,910	-2,472
Exchange Rate Effect	202	-1,293	-331	353	-188
Net Cash Flow	124	1,498	-483	3,393	-2,111
Free Cash Flow	1,538	1,554	920	1,064	836
Free Cash Flow Growth	-1.03%	68.91%	-13.53%	27.27%	-8.83%
Free Cash Flow Margin	25.36%	24.96%	15.63%	18.92%	19.63%
Free Cash Flow Per Share	2.67	3.16	1.83	2.16	1.70

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).