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

Nasdaq, Inc. (NDAQ) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Nasdaq, Inc. (NDAQ) trades at a P/S ratio of 6.1×. Over the past ten years it has ranged from 2.2× (January 2015) to 7.0× (January 2026); the current reading is higher than 88% of that period. That is below the Financial Data & Stock Exchanges industry median of 6.9× and above the Financial sector median of 2.2×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 6.7× 12.10%
FY2024 6.0× 26.89%
FY2023 4.7× (3.01%)
FY2022 4.9× (17.47%)
FY2021 5.9× 52.54%
FY2020 3.9× (6.47%)
FY2019 4.1× 31.55%
FY2018 3.2× (2.48%)
FY2017 3.2× 8.73%
FY2016 3.0× 4.01%

Quarterly newest first

Period P/S ratio Change
Jun 2026 5.1× (12.15%)
Mar 2026 5.8× (14.01%)
Dec 2025 6.7× 8.81%
Sep 2025 6.2× (1.90%)
42 more quarters

Against its own ten years

Low 2.2× High 7.0×
Ten-year median 4.1×
Current reading's percentile 87

P/S ratio against peers

Company P/S ratio
TRU TransUnion compare 2.9×
NDAQ Nasdaq, Inc. 6.1×
CBOE Cboe Global Markets, Inc. compare 6.5×
COIN Coinbase Global, Inc. compare 7.3×
SPGI S&P Global Inc. compare 7.9×
ICE Intercontinental Exchange Inc. compare 8.6×
MCO Moody's Corporation compare 10.3×
MSCI MSCI Inc compare 12.4×
CME CME Group Inc. compare 15.7×
Financial Data & Stock Exchanges industry median 6.9×
Financial sector median 2.2×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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