Pricing Log in Create free account
Saturday 17 October 2026 Export NDAQ’s income statement to Excel — free account

Nasdaq, Inc.

NDAQ Financial Financial Data & Stock Exchanges

Nasdaq, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 11.6% from fiscal 2024. In the quarter to June 2026, revenue grew 20.5%, EPS grew 13.9%, free cash flow fell 7.71% and total debt fell 2.14%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

93.80 0.30 +0.32%
Market cap
$52.3B
P/E
27.0×
Fwd P/E
26.1×
Dividend yield
1.24%
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Nasdaq, Inc. (NDAQ) Debt to equity

Alert me on Debt to equity

Nasdaq, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.7×, up 0.0× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.4× (fiscal 2015) to 0.9× (fiscal 2023); the current reading is higher than 55% of that period. That is above the Financial Data & Stock Exchanges industry median of 0.5× and above the Financial sector median of 0.2×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.7× (13.55%)
FY2024 0.8× (13.63%)
FY2023 0.9× 22.19%
FY2022 0.8× 2.25%
FY2021 0.8× (12.73%)
FY2020 0.9× 62.04%
FY2019 0.5× (2.06%)
FY2018 0.5× (14.41%)
FY2017 0.6× (4.48%)
FY2016 0.7× 57.41%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.7× (0.03%)
Mar 2026 0.7× 1.06%
Dec 2025 0.7× (2.71%)
Sep 2025 0.7× (1.89%)
42 more quarters

Against its own ten years

Low 0.4× High 0.9×
Ten-year median 0.7×
Current reading's percentile 55

Debt to equity against peers

Company Debt to equity
MSCI MSCI Inc compare −2.4×
CME CME Group Inc. compare 0.1×
CBOE Cboe Global Markets, Inc. compare 0.3×
SPGI S&P Global Inc. compare 0.5×
ICE Intercontinental Exchange Inc. compare 0.6×
NDAQ Nasdaq, Inc. 0.7×
COIN Coinbase Global, Inc. compare 0.8×
TRU TransUnion compare 1.1×
MCO Moody's Corporation compare 2.2×
Financial Data & Stock Exchanges industry median 0.5×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on NDAQ