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Nasdaq, Inc. NDAQ | NASDAQ

$91.85 -$0.77 | -0.83%
SIGNAL:Signal available — unlock to view |2026-09-01 |F&G 37 |RSI 41.5

Company Overview:

Market Cap: $51.78B
Trailing PE: 26.8x
FWD PE *: 21x
Payout Ratio (TTM): 32.3%
52-Week Range: $76.55 - $101.79

* Forward PE is based on street estimates.

10 Year NDAQ Performance Metrics:

Total Return (with DRIP): 376.1% (16.89% CAGR)
Total Return (no DRIP): 340.9% (15.99% CAGR)
Share Price: 308.0% (15.10% CAGR)
Yield on Cost (with DRIP): 6.43%
Total Invested: $10,000
Total Value (with DRIP): $47,607
Total Return $ (with DRIP): $37,607
Dividend Increase: 190.6% (11.27% CAGR)
Dividend Yield (FWD): 1.35% ($1.24)
NDAQ 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
NDAQ Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
NDAQ Price CAGR:1Y: 3.54%2Y: 12.16%5Y: 7.27%10Y: 15.11%
NDAQ Dividend Charts
NDAQ - Dividends
NDAQ Dividend CAGR:1Y: 14.81%2Y: 13.65%5Y: 11.49%10Y: 11.26%
NDAQ - Dividend Payout Ratio
NDAQ Dividend Payout Ratio CAGR:1Y: 0.08%2Y: -25.70%5Y: 5.87%10Y: -7.61%
NDAQ - Dividend to Free Cash Flow Ratio
NDAQ Dividend to FCF Ratio CAGR:1Y: 21.64%2Y: -9.92%5Y: -36.16%10Y: -5.22%

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NDAQ Fundamentals: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

NDAQ - Revenue
NDAQ Revenue CAGR:1Y: 21.15%2Y: 18.87%5Y: 12.39%10Y: 10.93%
NDAQ - Earnings Per Share (EPS)
NDAQ EPS CAGR:1Y: 14.10%2Y: 53.04%5Y: 5.53%10Y: 20.32%
NDAQ - Net Income
NDAQ Net Income CAGR:1Y: 12.17%2Y: 51.12%5Y: 8.26%10Y: 21.90%
NDAQ - EBITDA
NDAQ EBITDA CAGR:1Y: 9.90%2Y: 15.80%5Y: 11.72%10Y: 11.90%
NDAQ - Free Cash Flow
NDAQ Free Cash Flow CAGR:1Y: -7.71%2Y: 24.66%5Y: 79.52%10Y: 18.82%
NDAQ - Free Cash Flow / Share
NDAQ Free Cash Flow / Share CAGR:1Y: -6.10%2Y: 25.99%5Y: 74.69%10Y: 17.28%
NDAQ - Operating Income
NDAQ Operating Income CAGR:1Y: 54.40%2Y: 34.75%5Y: 18.46%10Y: 17.56%
NDAQ - Gross Profit
NDAQ Gross Profit CAGR:1Y: 74.10%2Y: 22.07%5Y: 19.50%10Y: 14.27%
NDAQ - Shares Outstanding
NDAQ Shares Outstanding CAGR:1Y: -1.93%2Y: -0.97%5Y: 2.60%10Y: 1.19%
NDAQ - Share Buybacks
NDAQ Share Buybacks CAGR:1Y: 255.00%2Y: 147.40%5Y: 6.76%10Y: 24.71%
NDAQ - Stock-Based Comp
NDAQ Stock-Based Comp CAGR:1Y: 6.52%2Y: 12.09%5Y: 15.34%10Y: 9.94%
NDAQ - Expenses
NDAQ Expenses CAGR:1Y: 30.51%2Y: 21.69%5Y: 14.57%10Y: 10.65%
NDAQ - Revenue by Segment
NDAQ Revenue CAGR:1Y: 21.15%2Y: 18.87%5Y: 12.39%10Y: 10.93%
NDAQ - Revenue by Region
NDAQ Revenue CAGR:1Y: 21.15%2Y: 18.87%5Y: 12.39%10Y: 10.93%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

NDAQ - REVENUE: Actual + Estimates
NDAQ Actual Revenue CAGR:1Y: 21.15%2Y: 18.87%5Y: 12.39%10Y: 10.93%
NDAQ - EPS: Actual + Estimates
NDAQ Actual EPS CAGR:1Y: 14.10%2Y: 53.04%5Y: 5.53%10Y: 20.32%
NDAQ - NET INCOME: Actual + Estimates
NDAQ Actual Net Income CAGR:1Y: 12.17%2Y: 51.12%5Y: 8.26%10Y: 21.90%
NDAQ - EBITDA: Actual + Estimates
NDAQ Actual EBITDA CAGR:1Y: 9.90%2Y: 15.80%5Y: 11.72%10Y: 11.90%

Ratios, Profit Margins & Return on Capital:

NDAQ - Net Profit Margin
NDAQ Net Profit Margin CAGR:1Y: -7.44%2Y: 27.11%5Y: -3.68%10Y: 9.88%
NDAQ - Gross Profit Margin
NDAQ Gross Profit Margin CAGR:1Y: 43.69%2Y: 2.69%5Y: 6.33%10Y: 3.00%
NDAQ - Price to Earnings
NDAQ Price to Earnings CAGR:1Y: -22.63%2Y: -24.69%5Y: 0.70%10Y: -5.39%
NDAQ - Price To Sales Ratio
NDAQ Price To Sales Ratio CAGR:1Y: -28.50%2Y: -4.18%5Y: -2.98%10Y: 3.97%
NDAQ - Return on Capital Employed
NDAQ Return on Capital Employed CAGR:1Y: 47.64%2Y: 30.87%5Y: 5.13%10Y: 8.63%
NDAQ - Return on Invested Capital
NDAQ Return on Invested Capital CAGR:1Y: 40.44%2Y: 44.04%5Y: 5.06%10Y: 12.70%

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NDAQ Dividends Info:

Annual Dividend: $1.24
Forward Yield: 1.35%
Ex-Dividend Date: 2026-09-11
Lifetime Dividends / Share: $8.70

NDAQ Dividend History: Dates, Payments & Yield list

Below is a schedule of all NDAQ dividend payments, ex-dates, share price on the day of the payment as well as the annualized yield & forward yield

Ex-Date Payment Date Amount Yield Forward Yield Price on Ex-Date
09/11/202609/14/2026$0.3101.36%1.35%$91.57
06/12/202606/15/2026$0.3101.39%1.36%$91.04
03/16/202603/18/2026$0.2701.26%1.26%$85.44
12/05/202512/08/2025$0.2701.2%1.2%$89.80
09/12/202509/15/2025$0.2701.15%1.16%$92.86
06/13/202506/16/2025$0.2701.26%1.25%$86.68
03/14/202503/17/2025$0.2401.31%1.29%$74.55
12/06/202412/09/2024$0.2401.18%1.2%$79.70
09/13/202409/16/2024$0.2401.32%1.31%$73.30
06/14/202406/17/2024$0.2401.64%1.64%$58.63
03/13/202403/15/2024$0.2201.48%1.47%$59.68
12/07/202312/11/2023$0.2201.63%1.62%$54.22
09/14/202309/18/2023$0.2201.71%1.72%$51.02
06/15/202306/19/2023$0.2201.68%1.77%$49.85
03/16/202303/20/2023$0.2001.51%1.51%$52.92
12/01/202212/16/2022$0.2001.17%1.32%$60.62
09/15/202209/30/2022$0.2001.31%1.41%$56.68
06/09/202206/24/2022$0.2001.57%1.51%$53.09
03/10/202203/25/2022$0.1801.3%1.23%$58.43
12/02/202112/17/2021$0.1801.07%1.07%$67.02
09/09/202109/24/2021$0.1801.09%1.1%$65.59
06/10/202106/25/2021$0.1801.28%1.21%$59.36
03/11/202103/26/2021$0.1631.36%1.3%$50.24
12/03/202012/18/2020$0.1631.57%1.52%$42.87
09/10/202009/25/2020$0.1631.57%1.58%$41.34
06/11/202006/26/2020$0.1631.73%1.69%$38.61
03/12/202003/27/2020$0.1572.12%2.03%$30.93
12/12/201912/27/2019$0.1571.81%1.74%$36.00
09/12/201909/27/2019$0.1571.9%1.88%$33.36
06/13/201906/28/2019$0.1571.97%1.95%$32.06
03/14/201903/29/2019$0.1472.1%2.01%$29.16
12/13/201812/28/2018$0.1472.02%2.19%$26.84
09/13/201809/28/2018$0.1471.92%2.05%$28.60
06/14/201806/29/2018$0.1471.86%1.93%$30.42
03/15/201803/30/2018$0.1271.81%1.78%$28.51
12/14/201712/29/2017$0.1271.96%1.98%$25.61
09/14/201709/29/2017$0.1272.03%1.96%$25.86
06/14/201706/30/2017$0.1272.14%2.13%$23.83
03/15/201703/31/2017$0.1071.81%1.84%$23.15
12/14/201612/30/2016$0.1071.88%1.91%$22.37
09/14/201609/30/2016$0.1071.86%1.9%$22.51
06/08/201606/24/2016$0.1071.96%2.03%$21.00
03/10/201603/28/2016$0.0831.54%1.55%$21.56
12/10/201512/28/2015$0.0831.79%1.69%$19.70
09/09/201509/25/2015$0.0831.96%1.87%$17.83
06/10/201506/26/2015$0.0831.97%2.01%$16.57
03/11/201503/27/2015$0.0501.22%1.21%$16.57
12/10/201412/26/2014$0.0501.31%1.23%$16.23
09/10/201409/26/2014$0.0501.38%1.42%$14.13
06/11/201406/27/2014$0.0501.64%1.57%$12.75
03/12/201403/28/2014$0.0431.32%1.42%$12.24
12/11/201312/27/2013$0.0431.34%1.3%$13.31
09/11/201309/27/2013$0.0431.68%1.62%$10.73
06/12/201306/28/2013$0.0431.66%1.59%$10.93
03/12/201303/28/2013$0.0431.62%1.61%$10.77
12/12/201212/28/2012$0.0432.14%2.09%$8.30
09/12/201209/28/2012$0.0432.18%2.23%$7.76

Projected Future Returns & Dividends for NDAQ

Based on past 10-year performance, here are NDAQ growth metrics:

Share price CAGR of +15.11%
Dividend CAGR of +11.31%

Using NDAQ CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

NDAQ (DRIP)NDAQ - No DRIP
Current Price$91.85$91.85
Start Shares108.87108.87
Start Value$10,000$10,000
  
After 10 years:
Final Share Count122.32108.87
Dividends Payment$0.91$0.91
Annual Dividends$443$394
Yield on cost4.43%3.94%
Share Price$375.12$375.12
Total Dividends$2,459$2,292
Final Value$45,885$43,132

Estimated Future Value + Dividends - NDAQ

NOTE: Above numbers are our estimate based on NDAQ's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

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Company Info

Nasdaq, Inc. (NDAQ) had its IPO on 2002-07-01, and is traded on NASDAQ stock exchange.

Nasdaq, Inc., a technology powerhouse founded in 1971 and based in New York City, is dedicated to supporting capital markets and various other sectors worldwide. Its Market Technology division specializes in fighting financial crime, offering products like Nasdaq Trade Surveillance, a SaaS solution that assists brokers and market participants in meeting compliance requirements and internal surveillance policies. This segment also provides Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool, and Verafin, a SaaS provider for anti-financial crime management. Furthermore, this division handles a wide array of assets, including cash equities, equity derivatives, global currencies, interest-bearing securities, commodities, energy resources, and digital currencies. The Investment Intelligence segment is responsible for distributing both historical and live market data, creating and licensing Nasdaq-branded financial indexes and products, and delivering valuable investment insights and workflow solutions. Through its Corporate Platforms, Nasdaq manages operational listing venues and furnishes specialized intelligence for investor relations, alongside comprehensive governance services. The Market Services segment covers a broad spectrum of operations, including the trading and clearing of equity derivatives, cash equities, fixed income, and commodities, in addition to providing trade management services. This division operates numerous exchanges and marketplace facilities that accommodate diverse asset classes such as derivatives, commodities, cash equity, debt, structured products, and exchange-traded products, while also offering crucial broker, clearing, settlement, and central depository functionalities. As of December 31, 2021, The Nasdaq Stock Market proudly listed 4,178 companies, specifically 1,632 on The Nasdaq Global Select Market, 1,169 on The Nasdaq Global Market, and 1,377 on The Nasdaq Capital Market. The company adopted its current name, Nasdaq, Inc., in September 2015, having previously been known as The NASDAQ OMX Group, Inc.

NDAQ website: https://www.nasdaq.com


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DCF Model — NDAQ

Value from:
Pay up to today
—
vs current price $91.85
—
Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
—
grows for the next years
Then mature
—
every future dollar counted back to today
Pile of today-dollars
—
÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →