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.
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Nasdaq, Inc. (NDAQ) Return on invested capital
Nasdaq, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 8.18%, up 0.9 percentage points from fiscal 2025 (7.30%). Over the past ten years it has ranged from 4.85% (fiscal 2023) to 9.59% (fiscal 2022); the current reading is higher than 55% of that period. That is below the Financial Data & Stock Exchanges industry median of 9.96% and above the Financial sector median of 4.85%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 7.30% | 1.53 |
| FY2024 | 5.77% | 0.92 |
| FY2023 | 4.85% | (4.74) |
| FY2022 | 9.59% | 1.08 |
| FY2021 | 8.51% | (0.06) |
| FY2020 | 8.57% | 0.61 |
| FY2019 | 7.96% | (0.55) |
| FY2018 | 8.51% | 1.61 |
| FY2017 | 6.90% | 0.66 |
| FY2016 | 6.24% | 0.17 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MSCI MSCI Inc compare | 34.8% |
| MCO Moody's Corporation compare | 26.5% |
| CBOE Cboe Global Markets, Inc. compare | 23.5% |
| SPGI S&P Global Inc. compare | 10.5% |
| CME CME Group Inc. compare | 9.96% |
| NDAQ Nasdaq, Inc. | 8.18% |
| ICE Intercontinental Exchange Inc. compare | 7.48% |
| TRU TransUnion compare | 5.99% |
| COIN Coinbase Global, Inc. compare | 2.62% |
| Financial Data & Stock Exchanges industry median | 9.96% |
| Financial sector median | 4.85% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on NDAQ
- Revenue
- Net income
- EPS (diluted)
- 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
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement