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EV / sales at other companies

S&P Global logo
S&P GlobalSPGI
8.7×-2.8×
Cboe Global Markets logo
Cboe Global MarketsCBOE
5.3×+0.1×
Intercontinental Exchange logo
Intercontinental ExchangeICE
8.4×-1.4×
Tradeweb Markets Inc. logo
Tradeweb Markets Inc.TW
10.8×-5.9×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
3.9×-0.9×
CME Group logo
CME GroupCME
16.1×+0.5×

Other financials

Income statement

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Revenue$2.1B+2.0%
Gross profit$1.4B+13.7%
Operating income$657.0M+20.1%
Net income$519.0M+31.4%
EPS (diluted)$0.91+33.8%

Balance sheet

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Cash & equivalents$1.1B-76.0%
Total debt$9.9B-2.2%
Total equity$12.0B+4.2%
Total assets$27.3B-10.9%

Cash flow

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Operating cash flow$689.0M+3.9%
CapEx$60.0M+22.5%
Free cash flow$629.0M+2.4%

Valuation

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Market cap$47.1B+10.6%
Enterprise value$55.92B+16.3%
P/E24.6×-8.7×
P/S5.7×+0.2×

Profitability

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Gross margin65.2%+4.2pp
Operating margin29.4%+4.6pp
Net margin23%+6.7pp

Returns & leverage

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Return on equity16.2%+4.8pp
Debt / equity0.8×-0.1×
Current ratio0.0×

Where this comes from

Calculated from Nasdaq, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Nasdaq, Inc.’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nasdaq, Inc.'s EV / sales?
Nasdaq, Inc. (NDAQ) reported EV / sales of 6.9× in Q1 2026.
How has Nasdaq, Inc.'s EV / sales changed year-over-year?
Nasdaq, Inc.'s EV / sales increased by 9.4% year-over-year, from 6.3× to 6.9×.
What is the long-term trend for Nasdaq, Inc.'s EV / sales?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s EV / sales has grown at a 5.6% compound annual growth rate (CAGR), from 22.2× to 27.6×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.