Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
87.60
-0.45 (-0.51%)
At close: Mar 10, 2026, 4:00 PM EDT
87.70
+0.10 (0.11%)
Pre-market: Mar 11, 2026, 5:17 AM EDT

Nasdaq Statistics

Total Valuation

Nasdaq has a market cap or net worth of $49.80 billion. The enterprise value is $58.71 billion.

Market Cap49.80B
Enterprise Value 58.71B

Important Dates

The next estimated earnings date is Thursday, April 23, 2026, before market open.

Earnings Date Apr 23, 2026
Ex-Dividend Date Mar 16, 2026

Share Statistics

Nasdaq has 568.44 million shares outstanding. The number of shares has decreased by -0.10% in one year.

Current Share Class 568.44M
Shares Outstanding 568.44M
Shares Change (YoY) -0.10%
Shares Change (QoQ) -0.43%
Owned by Insiders (%) 0.66%
Owned by Institutions (%) 86.19%
Float 505.85M

Valuation Ratios

The trailing PE ratio is 28.35 and the forward PE ratio is 22.42. Nasdaq's PEG ratio is 1.57.

PE Ratio 28.35
Forward PE 22.42
PS Ratio 9.49
Forward PS 8.66
PB Ratio 4.08
P/TBV Ratio n/a
P/FCF Ratio 25.04
P/OCF Ratio 22.08
PEG Ratio 1.57
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.83, with an EV/FCF ratio of 29.52.

EV / Earnings 32.83
EV / Sales 11.18
EV / EBITDA 18.83
EV / EBIT 23.62
EV / FCF 29.52

Financial Position

The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.78.

Current Ratio 1.01
Quick Ratio 0.20
Debt / Equity 0.78
Debt / EBITDA 2.94
Debt / FCF 4.79
Interest Coverage 6.77

Financial Efficiency

Return on equity (ROE) is 15.25% and return on invested capital (ROIC) is 9.79%.

Return on Equity (ROE) 15.25%
Return on Assets (ROA) 5.06%
Return on Invested Capital (ROIC) 9.79%
Return on Capital Employed (ROCE) 10.76%
Weighted Average Cost of Capital (WACC) 8.86%
Revenue Per Employee $551,076
Profits Per Employee $187,717
Employee Count9,525
Asset Turnover 0.17
Inventory Turnover n/a

Taxes

In the past 12 months, Nasdaq has paid $358.00 million in taxes.

Income Tax 358.00M
Effective Tax Rate 16.69%

Stock Price Statistics

The stock price has increased by +17.33% in the last 52 weeks. The beta is 1.03, so Nasdaq's price volatility has been similar to the market average.

Beta (5Y) 1.03
52-Week Price Change +17.33%
50-Day Moving Average 91.73
200-Day Moving Average 90.49
Relative Strength Index (RSI) 50.26
Average Volume (20 Days) 5,011,711

Short Selling Information

The latest short interest is 7.95 million, so 1.40% of the outstanding shares have been sold short.

Short Interest 7.95M
Short Previous Month 8.26M
Short % of Shares Out 1.40%
Short % of Float 1.57%
Short Ratio (days to cover) 1.43

Income Statement

In the last 12 months, Nasdaq had revenue of $5.25 billion and earned $1.79 billion in profits. Earnings per share was $3.09.

Revenue5.25B
Gross Profit 5.25B
Operating Income 2.49B
Pretax Income 2.15B
Net Income 1.79B
EBITDA 3.12B
EBIT 2.49B
Earnings Per Share (EPS) $3.09
Full Income Statement

Balance Sheet

The company has $614.00 million in cash and $9.53 billion in debt, with a net cash position of -$8.91 billion or -$15.68 per share.

Cash & Cash Equivalents 614.00M
Total Debt 9.53B
Net Cash -8.91B
Net Cash Per Share -$15.68
Equity (Book Value) 12.23B
Book Value Per Share 21.45
Working Capital 42.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.26 billion and capital expenditures -$266.00 million, giving a free cash flow of $1.99 billion.

Operating Cash Flow 2.26B
Capital Expenditures -266.00M
Free Cash Flow 1.99B
FCF Per Share $3.50
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 47.34% and 34.06%.

Gross Margin 100.00%
Operating Margin 47.34%
Pretax Margin 40.86%
Profit Margin 34.06%
EBITDA Margin 59.38%
EBIT Margin 47.34%
FCF Margin 37.89%

Dividends & Yields

This stock pays an annual dividend of $1.08, which amounts to a dividend yield of 1.23%.

Dividend Per Share $1.08
Dividend Yield 1.23%
Dividend Growth (YoY) 12.50%
Years of Dividend Growth 14
Payout Ratio 34.95%
Buyback Yield 0.10%
Shareholder Yield 1.33%
Earnings Yield 3.59%
FCF Yield 3.99%
Dividend Details

Analyst Forecast

The average price target for Nasdaq is $104.07, which is 18.80% higher than the current price. The consensus rating is "Strong Buy".

Price Target $104.07
Price Target Difference 18.80%
Analyst Consensus Strong Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 7.05%
EPS Growth Forecast (5Y) 14.26%
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 2.43 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.43
Piotroski F-Score 7