Nasdaq Inc

Nasdaq Inc

NDAQ · NASDAQ · Financial Services / Financial Data & Stock Exchanges

108.47USD-0.18 (-0.17%)

Price History

Full chart

Market Stats

Previous Close108.65
Open109.23
Day Range108.08 – 109.65
52-Week Range76.29 – 103.39
Volume3.65M
Market Cap57.74B
P/E (TTM)27.99
Forward P/E23.64
EPS3.69
Dividend Yield1.21%
Beta1.00
50-Day Avg94.61
200-Day Avg90.43

About

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries in the United States and internationally. It operates through three segments: Capital Access Platforms, Financial Technology, and Market Services. The company distributes historical and real-time market data; develops and licenses Nasdaq-branded indices and financial products; provides investor relations intelligence, governance solutions, and sustainability solution products for public and private companies, and organizations, as well as insights and workflow solutions; and operates listing platforms. It also offers Verafin, a cloud-based platform to detect, investigate, and report money laundering and financial frauds; AxiomSL, a risk data management and regulatory reporting solution; cloud-enabled and on-premises surveillance solutions to assist in complying with market rules, regulations, and internal market surveillance policies; Calypso, a platform providing cross-asset, front-to-back trading, treasury, risk, and collateral management solutions; and trade management and colocation services, as well as handles assets comprising cash equities, equity derivatives, currencies, various interest-bearing securities, commodities, energy products, and digital currencies. In addition, the company provides equity derivative trading and clearing, cash equity trading and fixed income, currency and commodities trading, and fixed income trading and clearing services, as well as tape plan data services; operates various exchanges, including derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and offers clearing, settlement, and central depository services. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.

Company Details

  • SectorFinancial Services
  • IndustryFinancial Data & Stock Exchanges
  • CEOMs. Adena T. Friedman
  • Employees9.63K
  • Headquarters151 West 42nd Street, New York, NY, United States, 10036, USA
  • Websitehttps://www.nasdaq.com

Leadership

  • Ms. Adena T. FriedmanCEO & Chairman · b. 1970
  • Mr. P. C. Nelson GriggsPresident · b. 1971
  • Mr. Tal CohenPresident · b. 1973
  • Ms. Sarah M. YoungwoodExecutive VP & CFO · b. 1974
  • Mr. Bradley J. PetersonExecutive VP, Chief Information Officer & CTO · b. 1960
  • Ms. Michelle Lynn DalySenior VP, Controller & Principal Accounting Officer · b. 1977
  • Mr. Ato GarrettSenior VP & Investor Relations Officer
  • Mr. John A. Zecca J.D.Executive VP and Global Chief Legal, Risk & Regulatory Officer · b. 1968
  • Mr. Brian BuckleySenior VP & Chief Marketing Officer
  • Mr. Bryan Everard SmithExecutive VP & Chief People Officer · b. 1973

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue450.82M634.25M832.71M857.23M787.15M589.85M540.44M879.92M1.66B2.44B3.65B3.41B3.19B3.44B3.12B3.21B3.50B3.40B3.70B3.95B4.28B4.26B5.63B5.89B6.23B6.06B7.40B8.22B
Growth (%)-+40.69%+31.29%+2.94%-8.17%-25.07%-8.38%+62.81%+88.40%+46.98%+49.80%-6.55%-6.45%+7.74%-9.25%+2.92%+9.00%-2.77%+8.85%+6.59%+8.33%-0.44%+32.10%+4.64%+5.78%-2.60%+22.03%+11.05%
Cost of Revenue--573.39M210.55M226.79M190.31M55.84M353.91M970.38M1.62B2.19B1.96B2.18B2.31B1.99B1.97B2.14B2.04B2.24B2.37B2.62B2.59B3.68B3.65B3.89B3.52B4.41B4.28B
Gross Profit450.82M634.25M832.71M857.23M787.15M589.85M484.60M526.01M687.39M812.24M1.46B1.45B1.01B1.13B1.13B1.24B1.36B1.37B1.47B1.58B1.66B1.66B1.94B2.23B2.34B2.55B2.99B3.94B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%89.67%59.78%41.46%33.34%40.00%42.60%31.68%32.93%36.09%38.74%38.86%40.14%39.55%40.10%38.70%39.08%34.52%37.92%37.57%41.99%40.39%47.93%
Operating Expense397.17M499.74M636.69M796.10M675.31M647.16M476.41M412.35M473.31M446.58M820.00M850.00M380.00M436.00M436.00M556.00M606.00M646.00M629.00M592.00M627.00M647.00M708.00M791.00M775.00M968.00M1.19B1.61B
Operating Income53.66M134.51M196.02M61.13M111.85M-57.31M8.18M113.66M214.09M365.66M640.00M603.00M631.00M696.00M690.00M688.00M754.00M720.00M836.00M991.00M1.03B1.02B1.23B1.44B1.56B1.58B1.80B2.33B
Operating Margin11.90%21.21%23.54%7.13%14.21%-9.72%1.51%12.92%12.91%15.01%17.53%17.68%19.77%20.24%22.12%21.43%21.54%21.16%22.57%25.10%24.04%23.88%21.94%24.48%25.12%26.02%24.30%28.36%
EBITDA53.66M134.51M261.67M161.41M203.50M32.67M84.52M182.01M285.00M404.55M703.00M597.00M731.00M801.00M749.00M823.00M841.00M874.00M432.00M1.20B1.41B1.32B1.51B1.93B1.85B2.00B2.46B3.13B
EBITDA Margin11.90%21.21%31.42%18.83%25.85%5.54%15.64%20.68%17.19%16.60%19.26%17.50%22.91%23.30%24.01%25.63%24.03%25.68%11.66%30.27%33.06%31.09%26.79%32.74%29.76%32.92%33.24%38.04%
Net Income34.95M86.15M23.31M40.46M43.13M-105.45M11.36M61.69M127.89M518.40M319.88M266.00M395.00M387.00M352.00M385.00M414.00M428.00M108.00M734.00M458.00M774.00M933.00M1.19B1.13B1.06B1.12B1.79B
Net Income Margin7.75%13.58%2.80%4.72%5.48%-17.88%2.10%7.01%7.71%21.28%8.76%7.80%12.38%11.26%11.28%11.99%11.83%12.58%2.92%18.59%10.71%18.18%16.59%20.17%18.07%17.46%15.09%21.77%
R&D------------0000000.040.220.240.240.220.260.240.23--
R&D as % of Total Revenue------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0009.65M19.59M18.55M11.48M20.34M91.10M72.86M97.00M102.00M102.00M119.00M97.00M111.00M117.00M111.00M135.00M143.00M150.00M124.00M101.00M115.00M120.00M272.00M398.00M88.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%1.13%2.49%3.15%2.12%2.31%5.50%2.99%2.66%2.99%3.20%3.46%3.11%3.46%3.34%3.26%3.64%3.62%3.51%2.91%1.80%1.95%1.93%4.49%5.38%1.07%

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets403.75M578.25M1.16B1.33B1.18B851.25M814.82M2.05B3.72B2.98B12.69B10.72B16.21B14.09B9.13B12.58B12.09B11.86B14.15B15.79B15.70B13.92B17.98B20.11B20.87B32.29B30.39B31.05B
Total Liabilities--503.70M802.49M911.52M690.56M658.26M1.79B2.26B771.11M8.44B5.78B11.48B9.11B3.92B6.39B6.29B6.25B8.72B9.90B10.25B8.29B11.54B13.71B14.70B21.47B19.20B18.82B
Total Equity266.25M352.01M645.16M518.39M270.87M160.70M156.56M253.01M1.46B2.21B4.29B4.93B4.72B4.98B5.21B6.18B5.79B5.61B5.43B5.88B5.45B5.64B6.44B6.39B6.15B10.82B11.19B12.23B
Cash2.75M10.60M262.26M293.73M204.27M148.93M58.19M165.24M322.00M1.33B374.00M594.00M315.00M506.00M497.00M398.00M427.00M301.00M403.00M377.00M545.00M332.00M2.75B393.00M502.00M453.00M592.00M814.00M
Total Debt--53.48M305.13M453.15M266.61M265.00M1.19B1.50B118.44M2.52B2.09B2.32B2.12B1.98B2.63B2.62B2.66B3.92B4.21B3.83B3.72B5.99B6.22B5.85B10.87B9.87B9.93B
Net Debt-2.75M-10.60M-208.78M11.40M248.88M117.68M206.81M1.03B1.18B-1.21B2.15B1.50B2.01B1.61B1.48B2.24B1.89B2.06B3.20B3.83B3.29B3.39B3.19B5.82B5.35B10.42B9.28B9.11B

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow255.55M65.03M157.15M105.27M117.03M120.90M201.07M173.24M407.73M582.00M440.00M669.00M594.00M574.00M687.00M685.00M722.00M909.00M1.03B963.00M1.25B1.08B1.71B1.70B1.94B2.25B
Investing Cash Flow-292.24M-109.20M-102.53M-231.00K-201.31M-953.38M-1.27B1.86B-3.15B-53.00M-118.00M-146.00M-128.00M-1.19B-155.00M-441.00M-1.66B-890.00M196.00M-240.00M-231.00M-2.65B49.00M-5.99B-953.00M-1.10B
Financing Cash Flow288.35M75.64M-144.08M-157.57M-6.46M939.53M1.23B-1.03B2.03B-336.00M-595.00M-325.00M-485.00M547.00M-485.00M-362.00M1.00B-53.00M-1.03B-937.00M1.38B1.42B1.04B4.22B-2.56B-2.95B
Capital Expenditure195.90M122.56M85.40M31.59M26.03M25.40M21.04M18.49M54.72M59.00M42.00M88.00M87.00M115.00M140.00M133.00M134.00M144.00M111.00M127.00M188.00M163.00M152.00M158.00M207.00M266.00M
Free Cash Flow59.65M-57.52M71.75M73.67M91.00M95.50M180.04M154.75M353.01M523.00M398.00M581.00M507.00M459.00M547.00M552.00M588.00M765.00M917.00M836.00M1.06B920.00M1.55B1.54B1.73B1.99B
Dividends Paid---8.28M8.35M3.22M105.06M---2.41B700.00M65.00M87.00M98.00M149.00M200.00M243.00M280.00M305.00M320.00M350.00M383.00M441.00M541.00M601.00M
FCF to OCF23.34%-88.46%45.66%69.99%77.76%78.99%89.54%89.33%86.58%89.86%90.45%86.85%85.35%79.97%79.62%80.58%81.44%84.16%89.20%86.81%84.98%84.95%91.09%90.68%89.32%88.20%
Dividend Paid to FCF---11.24%9.18%3.37%58.35%---605.28%120.48%12.82%18.95%17.92%26.99%34.01%31.76%30.53%36.48%30.08%38.04%24.65%28.67%31.24%30.22%

Earnings

Report DateOct 28, 2002Mar 10, 2003Apr 30, 2003Aug 5, 2003Nov 5, 2003Feb 25, 2004Apr 29, 2004Jul 29, 2004Oct 28, 2004Feb 24, 2005Apr 21, 2005Jul 28, 2005Oct 26, 2005Jan 30, 2006Apr 20, 2006Jul 20, 2006Oct 19, 2006Feb 13, 2007Apr 19, 2007Jul 19, 2007Oct 24, 2007Jan 31, 2008May 8, 2008Aug 6, 2008Nov 6, 2008Feb 26, 2009May 7, 2009Aug 6, 2009Nov 5, 2009Feb 8, 2010Apr 30, 2010Jul 27, 2010Oct 29, 2010Feb 2, 2011Apr 20, 2011Jul 27, 2011Oct 26, 2011Feb 1, 2012Apr 25, 2012Jul 25, 2012Oct 24, 2012Jan 31, 2013Apr 24, 2013Jul 24, 2013Oct 23, 2013Feb 5, 2014Apr 24, 2014Jul 24, 2014Oct 24, 2014Jan 29, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Jan 28, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Jan 31, 2017Apr 26, 2017Jul 26, 2017Oct 25, 2017Jan 31, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Jan 30, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 29, 2020Apr 22, 2020Jul 22, 2020Oct 21, 2020Jan 27, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Jan 26, 2022Apr 20, 2022Jul 20, 2022Oct 19, 2022Jan 25, 2023Apr 19, 2023Jul 19, 2023Oct 18, 2023Jan 31, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Jan 29, 2025Apr 24, 2025Jul 24, 2025Oct 21, 2025Jan 29, 2026Apr 23, 2026Jul 23, 2026Oct 20, 2026Oct 22, 2026
EPS Estimate0.040.02-0.03-0.01-0.04-0.13-0.01-0.010.010.020.030.030.040.050.040.030.050.080.070.120.130.160.160.140.170.170.160.160.140.150.150.160.160.170.200.200.220.210.210.200.200.200.210.210.210.220.240.230.230.250.260.270.290.290.300.290.300.310.350.320.340.330.400.390.380.420.390.400.400.420.480.480.480.480.580.590.580.590.650.640.650.650.660.660.680.710.650.640.690.750.770.810.850.920.930.981.021.02
EPS Actual0.040.010.01-0.02-0.01-0.060.010.010.030.010.060.070.050.050.060.040.070.080.050.130.140.150.160.160.170.180.160.160.140.150.140.170.170.180.200.210.220.210.200.210.210.210.210.210.220.230.240.230.240.250.270.280.290.300.300.300.300.320.370.340.350.350.410.390.380.420.410.410.420.430.500.510.510.530.650.630.590.640.660.690.680.640.690.710.710.720.630.690.740.760.790.850.880.960.961.07-1.04
Surprise0.00%-50.00%133.33%-100.00%75.00%53.85%200.00%200.00%200.00%-50.00%100.00%133.33%25.00%0.00%50.00%33.33%40.00%0.00%-28.57%8.33%7.69%-6.25%0.00%14.29%0.00%5.88%0.00%0.00%0.00%0.00%-6.67%6.25%6.25%5.88%0.00%5.00%0.00%0.00%-4.76%5.00%5.00%5.00%0.00%0.00%4.76%4.55%0.00%0.00%4.35%0.00%3.85%3.70%0.00%3.45%0.00%3.45%0.00%3.23%5.71%6.25%2.94%6.06%2.50%0.00%0.00%0.00%5.13%2.50%5.00%2.38%4.17%6.25%6.25%10.42%12.07%6.78%1.72%8.47%1.54%7.81%4.62%-1.54%4.55%7.58%4.41%1.41%-3.08%7.81%7.25%1.33%2.60%4.94%3.53%4.35%3.23%9.18%-1.96%
Timing---After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap57.74B
Enterprise Value59.80B
Trailing P/E27.99
Forward P/E23.64
PEG Ratio1.76
Price / Sales10.29
Price / Book4.45
EPS3.69
Book Value21.46
Revenue (TTM)5.61B
Gross Profit (TTM)5.61B
EBITDA3.35B
Profit Margin35.04%
Operating Margin49.33%
Return on Equity16.52%
Return on Assets5.85%
Shares Outstanding558.98M
Shares Float496.53M
Beta1.00
Dividend Yield1.21%
Dividend Rate1.16
Payout Ratio23.63%

Analyst Ratings

Buy
Based on 18 analystsTarget 108.75
  • Strong Buy
    8
  • Buy
    6
  • Hold
    3
  • Sell
    1

Ownership Breakdown

Institutions
87.33%
Insiders
11.00%
Retail / Other
1.67%

Top Institutional Holders

  • Investors Finance Co PLC
    58.44M10.45%
  • BlackRock Inc
    37.19M6.65%
  • Vanguard Capital Management, LLC
    31.23M5.59%
  • Wellington Management Company LLP
    30.33M5.43%
  • Vanguard Portfolio Management, LLC
    26.09M4.67%
  • Massachusetts Financial Services Company
    23.26M4.16%
  • State Street Corp
    20.18M3.61%
  • Geode Capital Management, LLC
    13.12M2.35%
  • Morgan Stanley - Brokerage Accounts
    11.36M2.03%
  • Franklin Templeton Inc
    9.10M1.63%
  • Harris Associates L.P.
    8.09M1.45%
  • UBS Group AG
    7.88M1.41%
  • Bank of America Corp
    7.66M1.37%
  • NORGES BANK
    6.69M1.20%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    16.18M2.89%
  • Vanguard 500 Index Investor
    11.60M2.07%
  • Vanguard MStar Mid Cap Index Instl
    10.77M1.93%
  • Vanguard Wellington Inv
    9.46M1.69%
  • MFS Value A
    9.25M1.65%
  • Vanguard Equity-Income Inv
    6.45M1.15%

Dividends

20263×
0.31Sep 11, 20260.31Jun 12, 20260.27Mar 16, 2026
20254×
0.27Dec 5, 20250.27Sep 12, 20250.27Jun 13, 20250.24Mar 14, 2025
20244×
0.24Dec 6, 20240.24Sep 13, 20240.24Jun 14, 20240.22Mar 13, 2024
20234×
0.22Dec 7, 20230.22Sep 14, 20230.22Jun 15, 20230.20Mar 16, 2023
20224×
0.20Dec 1, 20220.20Sep 15, 20220.20Jun 9, 20220.18Mar 10, 2022
20214×
0.18Dec 2, 20210.18Sep 9, 20210.18Jun 10, 20210.16Mar 11, 2021
20201×
0.16Dec 3, 2020

Stock Splits

  • Aug 29, 20223:1