Nasdaq, Inc. (NDAQ)

Nasdaq Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 9, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	56,940	44,435	33,545	30,140	35,118	21,774
Market Cap Growth	28.03%	32.46%	11.30%	-14.18%	61.28%	24.03%
Enterprise Value	65,973	54,484	38,267	35,719	41,173	25,183
Last Close Price	99.74	76.37	56.63	58.78	66.19	41.34
PE Ratio	35.56	39.78	31.68	26.79	29.59	23.34
Forward PE	26.68	25.23	21.77	22.48	28.28	22.17
PS Ratio	7.01	6.01	5.53	4.84	5.97	3.87
PB Ratio	4.75	3.97	3.10	4.89	5.48	3.38
P/FCF Ratio	27.10	25.66	21.81	19.40	38.17	20.47
P/OCF Ratio	24.34	22.92	19.78	17.67	32.43	17.39
PEG Ratio	1.64	2.86	3.27	3.94	2.14	2.07
EV/Sales Ratio	8.08	7.36	6.31	5.74	7.00	4.48
EV/EBITDA Ratio	21.94	20.82	17.69	18.30	21.66	16.28
EV/EBIT Ratio	27.69	27.19	20.80	21.09	25.37	18.72
EV/FCF Ratio	31.45	31.46	24.88	22.99	44.75	23.67
Debt / Equity Ratio	0.80	0.89	1.01	0.96	0.98	0.93
Debt / EBITDA Ratio	3.08	3.64	4.77	2.87	3.11	3.61
Debt / FCF Ratio	4.58	5.73	7.11	3.80	6.80	5.62
Asset Turnover	0.27	0.24	0.23	0.30	0.31	0.35
Quick Ratio	0.18	0.21	0.16	0.14	0.13	0.68
Current Ratio	0.99	0.99	1.01	0.97	0.94	1.56
Return on Equity (ROE)	14.05%	10.12%	12.44%	17.87%	18.49%	15.45%
Return on Assets (ROA)	4.87%	4.00%	4.33%	5.17%	5.33%	5.27%
Return on Capital (ROIC)	6.92%	5.84%	6.80%	8.56%	8.09%	7.70%
Return on Capital Employed (ROCE)	10.40%	8.90%	7.90%	14.10%	13.30%	10.30%
Earnings Yield	2.86%	2.51%	3.16%	3.73%	3.38%	4.29%
FCF Yield	3.69%	3.90%	4.58%	5.16%	2.62%	4.89%
Dividend Yield	1.08%	1.23%	1.52%	1.33%	1.06%	1.57%
Payout Ratio	37.50%	48.43%	41.64%	34.04%	29.49%	34.30%
Buyback Yield / Dilution	-1.31%	-13.93%	-2.12%	1.43%	-0.87%	0.04%
Total Shareholder Return	-0.22%	-12.70%	-0.60%	2.76%	0.18%	1.61%

Updated Oct 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q