Nasdaq, Inc. NDAQ Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 247.2%-12.4pp | 259.6%+16.5pp | 243.2%+8.0pp | 235.2%+15.1pp | |
| Operating margin | 105.7%+8.1pp | 97.6%-5.1pp | 102.7%+0.8pp | 102%+7.8pp | |
| Net margin | 76.4%+17.2pp | 59.2%-13.2pp | 72.3%-4.0pp | 76.4%+0.3pp | |
| Returns | |||||
| Return on equity | 54.1%+10.2pp | 43.8%-23.6pp | 67.5%-6.4pp | 73.9%+1.0pp | |
| Return on invested capital | 41%-0.9pp | 41.9%-39.2pp | 81.2%+14.7pp | 66.5%+18.2pp | |
| Efficiency | |||||
| Asset turnover | 1.1×+0.1× | 1×-0.1× | 1×-0.2× | 1.2×-0.2× | |
| Liquidity | |||||
| Current ratio | 3.9×+0.1× | 3.9×-1.5× | 5.3×+1.5× | 3.8×-0.2× | |
| Leverage | |||||
| Debt-to-equity | 3.4×-0.5× | 3.9×-1.3× | 5.2×+0.5× | 4.7×+0.6× | |
| Net debt / EBITDA | 8.4×-1.5× | 9.8×+9.3× | 0.6×+1.8× | -1.3×-7.7× | |
| Valuation | |||||
| Market capitalization | $200.44B+27.3% | $157.5B+47.2% | $107B-4.6% | $112.21B-7.0% | |
| Price / earnings | 129.9×-26.9× | 156.9×+59.6× | 97.3×-0.7× | 98×-8.9× | |
| Price / sales | 24.7×+1.6× | 23.1×+5.6× | 17.5×-1.1× | 18.7×-1.7× | |
| Price / book | 16.8×+2.5× | 14.3×-0.6× | 14.9×-3.9× | 18.8×0.0× | |
| EV / EBITDA | 80.8×-1.1× | 81.9×+23.3× | 58.6×-2.4× | 60.9×-18.9× | |
| Dividend yield | 4.6%-0.6pp | 5.2%-1.0pp | 6.2%+0.9pp | 5.3%+0.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
