Nasdaq, Inc. NDAQ
93.55
(1.00)
(1.06%)
as of 25 Sep
- Market cap
- $52.9B
- P/E
- 27.0×
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Nasdaq, Inc. (NDAQ) 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
Annual
| 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
| 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 | Free account |
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 | 0.2× |
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)
More on NDAQ
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement