Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
110.02
+1.52 (1.40%)
At close: Nov 10, 2026, 4:00 PM EST
109.48
-0.54 (-0.49%)
Pre-market: Nov 11, 2026, 4:20 AM EST

Nasdaq Statistics

Total Valuation

Nasdaq has a market cap or net worth of $61.06 billion. The enterprise value is $69.97 billion.

Market Cap61.06B
Enterprise Value 69.97B

Important Dates

The last earnings date was Thursday, October 22, 2026, before market open.

Earnings Date Oct 22, 2026
Ex-Dividend Date Dec 4, 2026

Share Statistics

Nasdaq has 554.96 million shares outstanding. The number of shares has decreased by -1.67% in one year.

Current Share Class 554.96M
Shares Outstanding 554.96M
Shares Change (YoY) -1.67%
Shares Change (QoQ) -0.78%
Owned by Insiders (%) 0.66%
Owned by Institutions (%) 86.79%
Float 492.40M

Valuation Ratios

The trailing PE ratio is 30.06 and the forward PE ratio is 24.02. Nasdaq's PEG ratio is 1.37.

PE Ratio 30.06
Forward PE 24.02
PS Ratio 10.56
Forward PS 9.66
PB Ratio 5.12
P/TBV Ratio n/a
P/FCF Ratio 27.04
P/OCF Ratio 23.98
PEG Ratio 1.37
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.07, with an EV/FCF ratio of 30.99.

EV / Earnings 33.57
EV / Sales 12.11
EV / EBITDA 20.07
EV / EBIT 24.72
EV / FCF 30.99

Financial Position

The company has a current ratio of 1.00, with a Debt / Equity ratio of 0.77.

Current Ratio 1.00
Quick Ratio 0.34
Debt / Equity 0.77
Debt / EBITDA 2.56
Debt / FCF 4.12
Interest Coverage 8.16

Financial Efficiency

Return on equity (ROE) is 17.33% and return on invested capital (ROIC) is 10.84%.

Return on Equity (ROE) 17.33%
Return on Assets (ROA) 6.10%
Return on Invested Capital (ROIC) 10.84%
Return on Capital Employed (ROCE) 12.38%
Weighted Average Cost of Capital (WACC) 8.65%
Revenue Per Employee $602,523
Profits Per Employee $217,242
Employee Count9,593
Asset Turnover 0.20
Inventory Turnover n/a

Taxes

In the past 12 months, Nasdaq has paid $528.00 million in taxes.

Income Tax 528.00M
Effective Tax Rate 20.22%

Stock Price Statistics

The stock price has increased by +26.11% in the last 52 weeks. The beta is 0.96, so Nasdaq's price volatility has been similar to the market average.

Beta (5Y) 0.96
52-Week Price Change +26.11%
50-Day Moving Average 97.02
200-Day Moving Average 90.93
Relative Strength Index (RSI) 70.69
Average Volume (20 Days) 3,693,267

Short Selling Information

The latest short interest is 9.69 million, so 1.75% of the outstanding shares have been sold short.

Short Interest 9.69M
Short Previous Month 7.67M
Short % of Shares Out 1.75%
Short % of Float 1.97%
Short Ratio (days to cover) 3.00

Income Statement

In the last 12 months, Nasdaq had revenue of $5.78 billion and earned $2.08 billion in profits. Earnings per share was $3.66.

Revenue5.78B
Gross Profit 5.78B
Operating Income 2.83B
Pretax Income 2.61B
Net Income 2.08B
EBITDA 3.49B
EBIT 2.83B
Earnings Per Share (EPS) $3.66
Full Income Statement

Balance Sheet

The company has $382.00 million in cash and $9.30 billion in debt, with a net cash position of -$8.91 billion or -$16.06 per share.

Cash & Cash Equivalents 382.00M
Total Debt 9.30B
Net Cash -8.91B
Net Cash Per Share -$16.06
Equity (Book Value) 12.00B
Book Value Per Share 21.49
Working Capital 15.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.55 billion and capital expenditures -$288.00 million, giving a free cash flow of $2.26 billion.

Operating Cash Flow 2.55B
Capital Expenditures -288.00M
Depreciation & Amortization 657.00M
Net Borrowing -262.00M
Free Cash Flow 2.26B
FCF Per Share $4.07
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 48.96% and 36.06%.

Gross Margin 100.00%
Operating Margin 48.96%
Pretax Margin 45.17%
Profit Margin 36.06%
EBITDA Margin 60.33%
EBIT Margin 48.96%
FCF Margin 39.07%

Dividends & Yields

This stock pays an annual dividend of $1.24, which amounts to a dividend yield of 1.13%.

Dividend Per Share $1.24
Dividend Yield 1.13%
Dividend Growth (YoY) 14.29%
Years of Dividend Growth 13
Payout Ratio 33.88%
FCF Payout Ratio 30.48%
Buyback Yield 1.67%
Shareholder Yield 2.79%
Earnings Yield 3.33%
FCF Yield 3.70%
Dividend Details

Analyst Forecast

The average price target for Nasdaq is $115.38, which is 4.87% higher than the current price. The consensus rating is "Buy".

Price Target $115.38
Price Target Difference 4.87%
Analyst Consensus Buy
Analyst Count 18
Revenue Growth Forecast (3Y) 10.25%
EPS Growth Forecast (3Y) 15.93%
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
Graham Formula Value
Graham Formula 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 3.09 and a Piotroski F-Score of 7.

Altman Z-Score 3.09
Piotroski F-Score 7