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) Operating margin
Nasdaq, Inc.'s operating margin over the twelve months to 30 June 2026 was 29.6%, up 1.4 percentage points from fiscal 2025 (28.2%). Over the past ten years it has ranged from 21.2% (fiscal 2015) to 28.2% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Financial Data & Stock Exchanges industry median of 29.6% and above the Financial sector median of 0.00%.
Operating margin, annual
Annual
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 28.2% | 3.91 |
| FY2024 | 24.3% | (1.72) |
| FY2023 | 26.0% | 0.90 |
| FY2022 | 25.1% | 0.64 |
| FY2021 | 24.5% | 2.54 |
| FY2020 | 21.9% | (1.94) |
| FY2019 | 23.9% | (0.16) |
| FY2018 | 24.0% | (1.06) |
| FY2017 | 25.1% | 2.53 |
| FY2016 | 22.6% | 1.41 |
Quarterly
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 28.1% | (2.62) |
| Mar 2026 | 30.7% | 0.84 |
| Dec 2025 | 29.9% | (0.03) |
| Sep 2025 | 29.9% | 2.90 |
| 42 more quarters | Free account |
Against its own ten years
Low 21.2%
High 28.2%
Ten-year median
24.3%
Current reading's percentile
100
Operating margin against peers
| Company | Operating margin |
|---|---|
| CME CME Group Inc. compare | 65.1% |
| MSCI MSCI Inc compare | 55.7% |
| ICE Intercontinental Exchange Inc. compare | 51.8% |
| MCO Moody's Corporation compare | 44.8% |
| SPGI S&P Global Inc. compare | 44.4% |
| CBOE Cboe Global Markets, Inc. compare | 34.7% |
| NDAQ Nasdaq, Inc. | 29.6% |
| TRU TransUnion compare | 18.7% |
| COIN Coinbase Global, Inc. compare | 9.86% |
| Financial Data & Stock Exchanges industry median | 29.6% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on NDAQ
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement