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Nasdaq Inc. (NDAQ)$91.01

Market Cap: 44.89 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for Nasdaq Inc. (NDAQ).

FINANCIAL
FINANCIAL DATA & STOCK EXCHANGES
DCF ready

Valuation

26.6x

EV/FCF, 3.8% FCF yield

Quality

8.6%

ROIC, 24.1% FCF margin

Growth

8.0%

5Y sales (revenue) CAGR

Balance sheet

0.7x

Debt/equity, 1.0x current ratio

Superinvestors

2

Top: Robert Olstein (1.8%)

Strengths to research

  • Free cash flow compounded at 13.3% over five years.
  • Free cash flow margin is healthy at 24.1%.
  • Debt/equity looks manageable at 0.7x.
  • 10 annual periods are available for trend analysis.

Watchouts

No major valuation, balance sheet, or growth watchouts were detected by the static screen.

Annual data: 10 periods
Quarterly data: 24 periods
Stock snapshot: May 25, 2026
Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for NDAQ.

Grade C
55
/ 100

Peer Comparison

Target stock against 8 market-cap comparable peers.

Heat map: red worst to green best
NDAQ
Target
Nasdaq Inc.$44.9B29.5x26.6x8.6%8.0%24.1%63.5%3.2xN/A
MSCIMSCI Inc.$42.6B37.5x31.2x33.9%13.1%49.4%N/A3.3xN/A
COINCoinbase Global Inc.$50.8B41.6x19.2x5.9%41.2%33.8%N/A-2.5xN/A
CBOECboe Global Markets, Inc.$24.3B34.3x14.0x16.7%N/AN/AN/A-0.5xN/A
MCOMoody's Corp.$83.6B32.9x34.3x22.3%7.5%33.4%N/A1.4xN/A
ICEIntercontinental Exchange Inc.$100.0B26.5x23.1x11.5%8.9%33.9%N/A-0.2xN/A
CMECME Group$101.8B26.1x23.2x14.2%6.0%64.3%N/A-1.0xN/A
TRUTransUnion$16.5B30.5x31.4x4.8%12.6%14.5%N/A4.4xN/A
FDSFactSet Research Systems$16.4B14.9x28.3x16.8%9.2%26.6%N/A1.1xN/A

Financial Charts

No financial data available for NDAQ (annual).

2 superinvestors own NDAQ

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership
FundSharesValue% PortfolioQoQ Change
Bill Nygren

Oakmark Select Fund

8,010,183$680M0.91%0.0%
Robert Olstein

Olstein Capital Management

96,000$8M1.78%0.0%