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	Oct 10, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Cap	51,010	44,458	33,440	30,159	35,003	21,895
Market Cap Growth	21.26%	32.95%	10.88%	-13.84%	59.87%	23.83%
Enterprise Value	59,955	53,559	43,681	35,340	40,628	24,888
Last Close Price	88.90	77.31	58.14	61.35	70.00	44.25
PE Ratio	34.19	40.06	27.95	27.15	29.79	23.79
Forward PE	25.17	25.23	21.77	22.48	28.28	22.17
PEG Ratio	1.70	2.86	3.27	3.94	2.14	2.07
PS Ratio	6.30	6.01	5.51	4.84	5.95	3.89
PB Ratio	4.32	3.97	3.09	4.90	5.47	3.40
P/TBV Ratio	4.36	4.00	2.73	4.97	5.53	3.44
P/FCF Ratio	23.90	25.67	21.74	19.41	38.05	20.58
P/OCF Ratio	21.63	22.93	19.72	17.68	32.32	17.49
EV/Sales Ratio	7.39	7.24	7.20	5.68	6.90	4.42
EV/EBITDA Ratio	20.90	22.21	22.98	19.40	23.63	17.33
EV/EBIT Ratio	26.64	29.79	27.68	22.60	28.19	20.17
EV/FCF Ratio	28.10	30.92	28.40	22.74	44.16	23.39
Debt / Equity Ratio	0.81	0.88	1.00	0.95	0.97	0.92
Debt / EBITDA Ratio	3.57	4.09	5.72	3.21	3.62	4.13
Debt / FCF Ratio	4.51	5.70	7.07	3.77	6.76	5.57
Asset Turnover	0.27	0.24	0.23	0.30	0.31	0.35
Quick Ratio	0.22	0.23	0.17	0.15	0.15	0.71
Current Ratio	0.96	0.99	1.01	0.97	0.94	1.56
Return on Equity (ROE)	13.09%	10.12%	12.44%	17.87%	18.49%	15.45%
Return on Assets (ROA)	5.63%	4.41%	4.48%	5.81%	5.85%	5.96%
Return on Capital (ROIC)	5.70%	4.50%	4.56%	5.84%	6.38%	6.70%
Return on Capital Employed (ROCE)	9.20%	7.86%	8.94%	12.89%	11.39%	10.85%
Earnings Yield	2.96%	2.50%	3.58%	3.68%	3.36%	4.20%
FCF Yield	4.18%	3.90%	4.60%	5.15%	2.63%	4.86%
Dividend Yield	1.21%	1.22%	1.50%	1.27%	1.00%	1.47%
Payout Ratio	39.23%	48.43%	41.64%	34.04%	29.49%	34.30%
Buyback Yield / Dilution	0.00%	0.33%	0.80%	2.10%	2.62%	0.79%
Total Shareholder Return	1.21%	1.54%	2.31%	3.37%	3.62%	2.25%

Updated Jul 24, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q