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Nasdaq, Inc.

NDAQFinancial ServicesNASDAQ

Financial Data & Stock Exchanges · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$8.26B
+11.6% YoY
Net Income
$1.79B
+60.1% YoY
EBITDA
$3.13B
+27.3% YoY
Free Cash Flow
$1.56B

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About Nasdaq, Inc.

Part of the financial services sector, Nasdaq, Inc. (NDAQ) is listed under Financial Data & Stock Exchanges. At a $49.72B market cap, Nasdaq, Inc. ranks as a large-cap company within financial services. It operates through three segments: Capital Access Platforms, Financial Technology, and Market Services.

Key stats
Market Cap$49.72B
P/E (TTM)26.48
Fwd P/E19.85
EPS$3.32
Beta0.99
52W Change+4.8%
Dividend Yield1.27%
ROE16.2%
Analysis

On the balance sheet, NDAQ has $531.0M in cash with $9.52B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $1.56B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 16.2%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 5.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $6.23B (2022) to $8.26B (2025), reflecting a 33% increase over the period.

Nasdaq, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Nasdaq, Inc. and its sector.

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