Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
82.13
+1.89 (2.36%)
At close: Feb 18, 2026, 4:00 PM EST
82.41
+0.28 (0.34%)
After-hours: Feb 18, 2026, 7:58 PM EST

Nasdaq Statistics

Total Valuation

Nasdaq has a market cap or net worth of $46.69 billion. The enterprise value is $55.60 billion.

Market Cap46.69B
Enterprise Value 55.60B

Important Dates

The last earnings date was Thursday, January 29, 2026, before market open.

Earnings Date Jan 29, 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 (%) 85.85%
Float 505.87M

Valuation Ratios

The trailing PE ratio is 26.58 and the forward PE ratio is 21.08. Nasdaq's PEG ratio is 1.32.

PE Ratio 26.58
Forward PE 21.08
PS Ratio 5.65
Forward PS 8.14
PB Ratio 3.83
P/TBV Ratio n/a
P/FCF Ratio 23.47
P/OCF Ratio 20.70
PEG Ratio 1.32
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.84, with an EV/FCF ratio of 27.95.

EV / Earnings 31.10
EV / Sales 6.73
EV / EBITDA 17.84
EV / EBIT 22.37
EV / FCF 27.95

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) 8.76%
Revenue Per Employee $867,402
Profits Per Employee $187,717
Employee Count9,525
Asset Turnover 0.27
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 +1.51% in the last 52 weeks. The beta is 1.02, so Nasdaq's price volatility has been similar to the market average.

Beta (5Y) 1.02
52-Week Price Change +1.51%
50-Day Moving Average 93.98
200-Day Moving Average 90.10
Relative Strength Index (RSI) 31.84
Average Volume (20 Days) 6,121,373

Short Selling Information

The latest short interest is 8.26 million, so 1.45% of the outstanding shares have been sold short.

Short Interest 8.26M
Short Previous Month 8.94M
Short % of Shares Out 1.45%
Short % of Float 1.63%
Short Ratio (days to cover) 2.46

Income Statement

In the last 12 months, Nasdaq had revenue of $8.26 billion and earned $1.79 billion in profits. Earnings per share was $3.09.

Revenue8.26B
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 63.53%, with operating and profit margins of 30.08% and 21.64%.

Gross Margin 63.53%
Operating Margin 30.08%
Pretax Margin 25.96%
Profit Margin 21.64%
EBITDA Margin 37.73%
EBIT Margin 30.08%
FCF Margin 24.07%

Dividends & Yields

This stock pays an annual dividend of $1.08, which amounts to a dividend yield of 1.35%.

Dividend Per Share $1.08
Dividend Yield 1.35%
Dividend Growth (YoY) 12.50%
Years of Dividend Growth 14
Payout Ratio 34.95%
Buyback Yield 0.10%
Shareholder Yield 1.42%
Earnings Yield 3.83%
FCF Yield 4.26%
Dividend Details

Analyst Forecast

The average price target for Nasdaq is $104.00, which is 26.63% higher than the current price. The consensus rating is "Buy".

Price Target $104.00
Price Target Difference 26.63%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) -2.24%
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 2.53 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.53
Piotroski F-Score 8