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) Net margin

Nasdaq, Inc.'s net margin over the twelve months to 30 June 2026 was 22.5%, up 0.9 percentage points from fiscal 2025 (21.6%). Over the past ten years it has ranged from 2.86% (fiscal 2016) to 21.6% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Financial Data & Stock Exchanges industry median of 23.2% and above the Financial sector median of 13.5%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2025 21.6% 6.55
FY2024 15.1% (2.37)
FY2023 17.5% (0.61)
FY2022 18.1% (2.10)
FY2021 20.2% 3.58
FY2020 16.6% (1.59)
FY2019 18.2% 7.47
FY2018 10.7% (7.76)
FY2017 18.5% 15.61
FY2016 2.86% (9.72)

Quarterly

Period Net margin Change (points)
Jun 2026 20.0% (4.27)
Mar 2026 24.3% (0.29)
Dec 2025 24.6% 2.98
Sep 2025 21.6% 0.09
42 more quarters

Against its own ten years

Low 2.86% High 21.6%
Ten-year median 17.5%
Current reading's percentile 100

Net margin against peers

Company Net margin
CME CME Group Inc. compare 63.1%
MSCI MSCI Inc compare 40.7%
ICE Intercontinental Exchange Inc. compare 38.3%
MCO Moody's Corporation compare 34.3%
SPGI S&P Global Inc. compare 30.5%
CBOE Cboe Global Markets, Inc. compare 26.6%
NDAQ Nasdaq, Inc. 22.5%
TRU TransUnion compare 15.1%
COIN Coinbase Global, Inc. compare −15.7%
Financial Data & Stock Exchanges industry median 23.2%
Financial sector median 13.5%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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