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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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Nasdaq, Inc. (NDAQ) trades at a P/E ratio of 27.0×. Over the past ten years it has ranged from 15.6× (March 2020) to 109× (March 2017); the current reading is higher than 56% of that period. That is above the Financial Data & Stock Exchanges industry median of 23.6× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 31.0× (21.73%)
FY2024 39.6× 47.72%
FY2023 26.8× (0.63%)
FY2022 27.0× (7.91%)
FY2021 29.3× 25.28%
FY2020 23.4× 2.31%
FY2019 22.9× (22.57%)
FY2018 29.6× 69.84%
FY2017 17.4× (82.78%)
FY2016 101× 346.44%

Quarterly newest first

Period P/E ratio Change
Jun 2026 22.7× (10.09%)
Mar 2026 25.3× (18.58%)
Dec 2025 31.0× (0.36%)
Sep 2025 31.1× (8.40%)
42 more quarters

Against its own ten years

Low 15.6× High 109×
Ten-year median 26.4×
Current reading's percentile 53

P/E ratio against peers

Company P/E ratio
COIN Coinbase Global, Inc. compare n/m
TRU TransUnion compare 19.3×
ICE Intercontinental Exchange Inc. compare 22.7×
CBOE Cboe Global Markets, Inc. compare 24.5×
CME CME Group Inc. compare 24.7×
SPGI S&P Global Inc. compare 26.2×
NDAQ Nasdaq, Inc. 27.0×
MCO Moody's Corporation compare 30.6×
MSCI MSCI Inc compare 31.1×
Financial Data & Stock Exchanges industry median 23.6×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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