Nasdaq, Inc.

Nasdaq, Inc.

93.35
USD
0.00
(0.00%)
3.43EPS
23.40P/E
45.49BMarket Cap
Feb 03Next Earn

Total Valuation

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As of June 30, 2026, Nasdaq, Inc. carries a market capitalization of 45.49B, placing it among publicly traded companies globally. Its enterprise value stands at 51.95B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap45.49B
Enterprise Value51.95B

Important Dates

Nasdaq, Inc.'s next confirmed earnings release is scheduled for February 3, 2027.

Earnings Date2/3/2027

Share Statistics

As of June 30, 2026, Nasdaq, Inc. has 561.99M shares outstanding.

Shares Outstanding561.99M

Valuation Ratios

As of June 30, 2026, Nasdaq, Inc. trades at a trailing price-to-earnings ratio of 23.40. The price-to-sales ratio is 5.26, and the price-to-book ratio stands at 3.79.

PE Ratio23.40
PS Ratio5.26
PB Ratio3.79
P/TBV Ratio-5.36
P/FCF Ratio23.80
P/OCF Ratio20.50

Enterprise Valuation

As of June 30, 2026, Nasdaq, Inc. trades at an EV/EBITDA multiple of 16.06 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.94 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 20.10 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Nasdaq, Inc. trades at an EV/FCF ratio of 23.38, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 51.95B versus a market cap of 45.49B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales5.94
EV / EBITDA16.06
EV / EBIT20.10
EV / FCF23.38

Financial Position

As of June 30, 2026, Nasdaq, Inc. maintains a current ratio of 1.01, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 77.07, indicating elevated leverage, while an interest coverage ratio of 9.63 demonstrates adequate ability to service its debt obligations.

Current Ratio1.01
Quick Ratio0.88
Debt / Equity77.07
Debt / EBITDA2.86
Interest Coverage9.63

Financial Efficiency

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Over the twelve months ended June 30, 2026, Nasdaq, Inc. posted a return on equity (ROE) of 16.53, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 9.77 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.82, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 10.49, useful for judging operating efficiency across full business cycles. The company generates approximately 927,577.71 in revenue per employee across its workforce of 9,434.25, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)16.53
Return on Assets (ROA)6.82
Return on Invested Capital (ROIC)9.77
Return on Capital Employed (ROCE)10.49
Revenue Per Employee927,577.71
Employee Count9,434.25

Taxes

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Over the twelve months ended June 30, 2026, Nasdaq, Inc. recorded 472.00M in income tax expense. That works out to an effective tax rate of 19.35, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.44B, leaving 1.97B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax472.00M
Effective Tax Rate19.35

Income Statement

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Over the twelve months ended June 30, 2026, Nasdaq, Inc. generated 8.75B in revenue and converted that into 1.97B in net income, yielding earnings per share of 3.43. EBITDA reached 3.23B, while operating income came in at 2.66B.

Revenue8.75B
Gross Profit3.79B
Operating Income2.66B
Pretax Income2.44B
Net Income1.97B
EBITDA3.23B
EBIT2.58B
Earnings Per Share (EPS)3.43

Balance Sheet

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As of June 30, 2026, Nasdaq, Inc. holds 2.79B in cash and equivalents against 9.24B in total debt, resulting in a net debt position of 8.24B. Total book value stands at 11.99B, with working capital of 28.00M providing operational flexibility.

Cash & Cash Equivalents2.79B
Total Debt9.24B
Net Debt8.24B
Equity (Book Value)11.99B
Book Value Per Share21.33
Working Capital28.00M

Cash Flow

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Nasdaq, Inc. produced 2.25B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -295.00M in capital expenditures, free cash flow totaled 1.95B - equivalent to 3.43 per share.

Operating Cash Flow2.25B
Capital Expenditures-295.00M
Free Cash Flow1.95B
FCF Per Share3.43

Margins

Over the twelve months ended June 30, 2026, Nasdaq, Inc. posted a gross margin of 43.31, reflecting its pricing power and cost economics. The operating margin of 30.41 and net profit margin of 22.48 provide insight into operational efficiency.

Gross Margin43.31
Operating Margin30.41
Pretax Margin27.87
Profit Margin22.48
EBITDA Margin36.96

Dividends & Yields

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Over the twelve months ended June 30, 2026, Nasdaq, Inc. paid dividends of 1.12 per share. The dividend payout ratio of 32.28 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 4.20, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 11.38, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Nasdaq, Inc. shareholders.

Dividend Per Share1.12
Payout Ratio32.28
Shareholder Yield11.38
FCF Yield4.20

Stock Splits

Nasdaq, Inc.'s most recent stock split took place on August 29, 2022 with a 1:3 split ratio.

Last Split Date8/29/2022
Split Ratio1:3

Scores

As of June 30, 2026, Nasdaq, Inc. has an Altman Z-Score of 6.43, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score6.43