What are Nasdaq, Inc.'s profit margins?

Nasdaq, Inc. (NDAQ) runs a 65.2% gross margin and a 29.4% operating margin, with a 23.0% net margin.

Where do Nasdaq, Inc.'s ratios come from?

Every ratio is computed from Nasdaq, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Nasdaq, Inc. NDAQ Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	65.2%+1.7pp	63.5%+1.3pp	62.2%+1.7pp	60.6%-0.4pp	61%-1.9pp
Operating margin	29.4%+1.2pp	28.2%+1.0pp	27.1%+1.5pp	25.6%+0.9pp	24.7%+0.4pp
Net margin	23%+1.4pp	21.6%+1.7pp	19.9%+1.3pp	18.6%+2.2pp	16.3%+1.2pp
Returns
Return on equity	16.2%+0.9pp	15.3%+1.2pp	14.1%+0.8pp	13.3%+1.8pp	11.4%+1.3pp
Return on invested capital	10.6%-0.5pp	11%+0.3pp	10.7%+0.6pp	10.1%+0.8pp	9.2%+0.7pp
Efficiency
Asset turnover	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Liquidity
Current ratio	1×0.0×	1×0.0×	1×0.0×	1×0.0×	1×0.0×
Leverage
Debt-to-equity	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.9×0.0×	0.9×-0.1×
Net debt / EBITDA	2.9×+0.8×	2×+0.1×	2×-0.2×	2.2×+0.1×	2.1×-0.3×
Valuation
Market capitalization	$48.26B-13.0%	$55.46B+9.3%	$50.75B+0.3%	$50.59B+16.0%	$43.63B-1.8%
Price / earnings	25.2×-5.8×	31×-0.2×	31.2×-2.3×	33.5×-0.6×	34.1×-5.6×
Price / sales	5.8×-0.9×	6.7×+0.5×	6.2×0.0×	6.2×+0.7×	5.6×-0.4×
Price / book	4×-0.5×	4.5×+0.3×	4.2×-0.1×	4.3×+0.5×	3.8×-0.2×
EV / EBITDA	18.5×-2.2×	20.8×+0.9×	19.8×-1.1×	21×+1.7×	19.2×-1.6×
Dividend yield	1.3%+0.2pp	1.1%-0.1pp	1.2%0.0pp	1.1%-0.1pp	1.3%0.0pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Nasdaq, Inc..

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Nasdaq, Inc.'s profit margins?: Nasdaq, Inc. (NDAQ) runs a 65.2% gross margin and a 29.4% operating margin, with a 23.0% net margin.
Where do Nasdaq, Inc.'s ratios come from?: Every ratio is computed from Nasdaq, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.