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 23, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	50,964	44,435	33,545	30,140	35,118	21,774
Market Cap Growth	24.86%	32.46%	11.30%	-14.18%	61.28%	24.03%
Enterprise Value	59,993	54,484	38,267	35,719	41,173	25,183
Last Close Price	88.82	76.60	56.80	58.96	66.39	41.46
PE Ratio	31.72	39.78	31.68	26.79	29.59	23.34
Forward PE	24.19	25.23	21.77	22.48	28.28	22.17
PS Ratio	6.25	6.01	5.53	4.84	5.97	3.87
PB Ratio	4.24	3.97	3.10	4.89	5.48	3.38
P/FCF Ratio	-	25.66	21.81	19.40	38.17	20.47
P/OCF Ratio	-	22.92	19.78	17.67	32.43	17.39
PEG Ratio	1.50	2.86	3.27	3.94	2.14	2.07
EV/Sales Ratio	7.34	7.36	6.31	5.74	7.00	4.48
EV/EBITDA Ratio	19.95	20.82	17.69	18.30	21.66	16.28
EV/EBIT Ratio	25.18	27.19	20.80	21.09	25.37	18.72
EV/FCF Ratio	-	31.46	24.88	22.99	44.75	23.67
Debt / Equity Ratio	0.79	0.89	1.01	0.96	0.98	0.93
Debt / EBITDA Ratio	3.06	3.64	4.77	2.87	3.11	3.61
Debt / FCF Ratio	-	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)	6.93%	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	3.19%	2.51%	3.16%	3.73%	3.38%	4.29%
FCF Yield	-	3.90%	4.58%	5.16%	2.62%	4.89%
Dividend Yield	1.22%	1.23%	1.51%	1.32%	1.05%	1.57%
Payout Ratio	37.50%	48.43%	41.64%	34.04%	29.49%	34.30%
Buyback Yield / Dilution	-1.30%	-13.93%	-2.12%	1.43%	-0.87%	0.04%
Total Shareholder Return	-0.06%	-12.70%	-0.60%	2.75%	0.18%	1.61%

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

SEC Filings: 10-K · 10-Q