Nasdaq, Inc. (NDAQ) vs S&P Global Inc. (SPGI)

Nasdaq, Inc. and S&P Global Inc. are both Financial Data & Stock Exchanges companies. S&P Global Inc. is the larger, with a market value of $125.2B against $52.3B — 2.4× the size. S&P Global Inc. trades at the lower P/E: 26.2× against 27.0×. S&P Global Inc. grew revenue faster over the last twelve months: 9.67% against 7.42%. S&P Global Inc. has the higher net margin (30.5% vs 22.5%) and the higher return on invested capital (10.5% vs 8.18%). Both pay a dividend; Nasdaq, Inc. yields more (1.24% vs 0.90%). Across the 21 metrics below, S&P Global Inc. leads on 15 and Nasdaq, Inc. on 6.

Valuation

Metric NDAQ SPGI Financial Data & Stock Exchanges median
P/E 27.03 26.19 23.59
P/S 6.06 7.87 6.89
P/B 4.41 4.01 4.00
Price to free cash flow 27.12 22.75 19.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.70% 3.82% 4.04%
Free cash flow yield 3.69% 4.39% 4.39%

Profitability

Metric NDAQ SPGI Financial Data & Stock Exchanges median
Gross margin 64.27% 70.90% 70.90%
Operating margin 29.60% 44.43% 28.27%
Net margin 22.52% 30.53% 22.52%
Free cash flow margin 22.34% 34.57% 28.57%
Return on equity 16.52% 15.12% 15.12%
Return on assets 6.82% 7.98% 6.82%
Return on invested capital 8.18% 10.50% 9.96%

Growth

Metric NDAQ SPGI Financial Data & Stock Exchanges median
Revenue growth (TTM) 7.42% 9.67% 9.16%
EPS growth (last fiscal year) 60.10% 18.70% 15.41%
Revenue growth, 5-year CAGR 7.99% 15.56% 8.62%
Net income growth, 5-year CAGR 13.89% 13.83% 10.27%

Health

Metric NDAQ SPGI Financial Data & Stock Exchanges median
Debt to equity 0.71 0.48 0.48
Current ratio 1.01 0.95 1.06
Net debt to EBITDA 2.61 1.47 1.19

Dividend

Metric NDAQ SPGI Financial Data & Stock Exchanges median
Dividend yield 1.24% 0.90% 1.28%
Payout ratio 0.34 0.24 0.32

Size

Metric NDAQ SPGI Financial Data & Stock Exchanges median
Market cap 52.26b 125.23b 32.17b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack