Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
85.66
-0.21 (-0.24%)
Nov 5, 2025, 2:22 PM EST - Market open

Nasdaq Statistics

Total Valuation

Nasdaq has a market cap or net worth of $48.91 billion. The enterprise value is $58.26 billion.

Market Cap48.91B
Enterprise Value 58.26B

Important Dates

The last earnings date was Tuesday, October 21, 2025, before market open.

Earnings Date Oct 21, 2025
Ex-Dividend Date Dec 5, 2025

Share Statistics

Nasdaq has 571.00 million shares outstanding. The number of shares has increased by 1.31% in one year.

Current Share Class 571.00M
Shares Outstanding 571.00M
Shares Change (YoY) +1.31%
Shares Change (QoQ) -0.00%
Owned by Insiders (%) 0.63%
Owned by Institutions (%) 86.23%
Float 508.76M

Valuation Ratios

The trailing PE ratio is 30.60 and the forward PE ratio is 23.33. Nasdaq's PEG ratio is 1.45.

PE Ratio 30.60
Forward PE 23.33
PS Ratio 6.04
Forward PS 8.84
PB Ratio 4.09
P/TBV Ratio n/a
P/FCF Ratio 23.42
P/OCF Ratio 21.04
PEG Ratio 1.45
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.38, with an EV/FCF ratio of 27.77.

EV / Earnings 35.85
EV / Sales 7.13
EV / EBITDA 19.38
EV / EBIT 24.45
EV / FCF 27.77

Financial Position

The company has a current ratio of 0.99, with a Debt / Equity ratio of 0.80.

Current Ratio 0.99
Quick Ratio 0.17
Debt / Equity 0.80
Debt / EBITDA 3.08
Debt / FCF 4.58
Interest Coverage 6.27

Financial Efficiency

Return on equity (ROE) is 14.05% and return on invested capital (ROIC) is 6.92%.

Return on Equity (ROE) 14.05%
Return on Assets (ROA) 4.87%
Return on Invested Capital (ROIC) 6.92%
Return on Capital Employed (ROCE) 10.38%
Revenue Per Employee $891,508
Profits Per Employee $177,363
Employee Count9,162
Asset Turnover 0.27
Inventory Turnover n/a

Taxes

In the past 12 months, Nasdaq has paid $380.00 million in taxes.

Income Tax 380.00M
Effective Tax Rate 18.96%

Stock Price Statistics

The stock price has increased by +14.57% in the last 52 weeks. The beta is 0.99, so Nasdaq's price volatility has been similar to the market average.

Beta (5Y) 0.99
52-Week Price Change +14.57%
50-Day Moving Average 89.94
200-Day Moving Average 84.79
Relative Strength Index (RSI) 39.62
Average Volume (20 Days) 2,829,606

Short Selling Information

The latest short interest is 6.80 million, so 1.19% of the outstanding shares have been sold short.

Short Interest 6.80M
Short Previous Month 7.83M
Short % of Shares Out 1.19%
Short % of Float 1.34%
Short Ratio (days to cover) 1.60

Income Statement

In the last 12 months, Nasdaq had revenue of $8.17 billion and earned $1.63 billion in profits. Earnings per share was $2.80.

Revenue8.17B
Gross Profit 5.08B
Operating Income 2.38B
Pretax Income 2.00B
Net Income 1.63B
EBITDA 3.01B
EBIT 2.38B
Earnings Per Share (EPS) $2.80
Full Income Statement

Balance Sheet

The company has $480.00 million in cash and $9.61 billion in debt, giving a net cash position of -$9.13 billion or -$15.99 per share.

Cash & Cash Equivalents 480.00M
Total Debt 9.61B
Net Cash -9.13B
Net Cash Per Share -$15.99
Equity (Book Value) 12.03B
Book Value Per Share 20.99
Working Capital -108.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.34 billion and capital expenditures -$237.00 million, giving a free cash flow of $2.10 billion.

Operating Cash Flow 2.34B
Capital Expenditures -237.00M
Free Cash Flow 2.10B
FCF Per Share $3.67
Full Cash Flow Statement

Margins

Gross margin is 62.24%, with operating and profit margins of 29.17% and 19.89%.

Gross Margin 62.24%
Operating Margin 29.17%
Pretax Margin 24.53%
Profit Margin 19.89%
EBITDA Margin 36.81%
EBIT Margin 29.17%
FCF Margin 25.69%

Dividends & Yields

This stock pays an annual dividend of $1.08, which amounts to a dividend yield of 1.26%.

Dividend Per Share $1.08
Dividend Yield 1.26%
Dividend Growth (YoY) 11.70%
Years of Dividend Growth 13
Payout Ratio 37.50%
Buyback Yield -1.31%
Shareholder Yield -0.05%
Earnings Yield 3.31%
FCF Yield 4.27%
Dividend Details

Analyst Forecast

The average price target for Nasdaq is $99.07, which is 15.66% higher than the current price. The consensus rating is "Buy".

Price Target $99.07
Price Target Difference 15.66%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (5Y) -1.78%
EPS Growth Forecast (5Y) 21.45%
Stock Forecasts

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 3:1.

Last Split Date Aug 29, 2022
Split Type Forward
Split Ratio 3:1

Scores

Nasdaq has an Altman Z-Score of 2.46 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.46
Piotroski F-Score 7