SuperworthNasdaq NDAQ
- Market cap
- $57.3B
- PE
- 29.9×
- 10y median 27.9×
- Forward PE
- 23.5×
- 10y median 20.3×
- Price to sales
- 6.6×
- EV/EBIT
- 24.0×
- Revenue, 12 months
- $8.8B
- +8% on a year ago
- Net margin
- 22.5%
- Free cash flow yield
- 3.4%
Nasdaq trades at 29.9× trailing earnings, near its ten-year median. Revenue was $8.8B over the last twelve months, up 8% on a year earlier with a 22% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.5B−7% | $1.6B+4% | $1.7B+9% | $1.8B+25% | $1.9B+31% | $2B+23% | $2.1B+25% | $2.1B+17% | $2B+3% | $2.1B+5% | $2.1B+2% | $2.5B+21% | |
| Cost of revenue | $511M−23% | $530M−22% | $557M−10% | $633M+25% | $756M+48% | $803M+52% | $859M+54% | $795M+26% | $643M−15% | $732M−9% | $730M−15% | $1B+30% |
| Gross profit | $940M+6% | $1.1B+23% | $1.1B+22% | $1.2B+25% | $1.1B+22% | $1.2B+10% | $1.2B+11% | $1.3B+13% | $1.3B+15% | $1.4B+13% | $1.4B+14% | $1.5B+15% |
| SG&A | $38M−21% | $68M+33% | $39M+70% | $42M+36% | $37M−3% | $45M−34% | $20M−49% | $37M−12% | $35M−5% | $48M+7% | $49M+145% | $47M+27% |
| $431M+8% | $353M+1% | $410M−1% | $423M+11% | $448M+4% | $517M+47% | $547M+33% | $568M+34% | $586M+31% | $629M+22% | $657M+20% | $712M+25% | |
| Interest expense | $101M+216% | $110M+233% | $108M+200% | $102M+183% | $102M+1% | $101M−8% | $96M−11% | $95M−7% | $87M−15% | $88M−13% | $87M−9% | $86M−10% |
| Pre-tax income | $391M+2% | $278M−14% | $312M−21% | $341M+1% | $356M−9% | $439M+58% | $488M+56% | $548M+61% | $529M+49% | $580M+32% | $677M+39% | $653M+19% |
| $97M+10% | $82M+0% | $79M−17% | $119M+70% | $51M−47% | $84M+2% | $93M+18% | $96M−19% | $106M+108% | $62M−26% | $158M+70% | $146M+52% | |
| Net income | $294M+0% | $197M−18% | $234M−23% | $222M−17% | $306M+4% | $355M+80% | $395M+69% | $452M+104% | $423M+38% | $518M+46% | $519M+31% | $507M+12% |
| $0.60+2% | $0.36−25% | $0.40−34% | $0.38−30% | $0.53−12% | $0.61+69% | $0.68+70% | $0.78+105% | $0.73+38% | $0.90+48% | $0.91+34% | $0.89+14% | |
| 494.1M−0% | 550.6M+11% | 578.9M+17% | 579M+17% | 579M+17% | 579.9M+5% | 580M+0% | 579M+0% | 579M+0% | 576.5M−1% | 571.7M−1% | 567.8M−2% |
EPS, diluted: Q4 FY09 and Q4 FY10: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 15 periods, Q4 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 15 periods, Q4 FY10 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY18: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $1.5B | $1.4B to $1.5B | $1.02 | $0.99 to $1.05 | 12 |
| Q4 FY26 | $1.5B | $1.5B to $1.6B | $1.07 | $1.02 to $1.10 | 11 |
| Q1 FY27 | $1.6B | $1.5B to $1.6B | $1.12 | $1.06 to $1.18 | 13 |
| Q2 FY27 | $1.6B | $1.6B to $1.7B | $1.18 | $1.14 to $1.23 | 5 |
| Q3 FY27 | $1.6B | $1.6B to $1.7B | $1.19 | $1.15 to $1.24 | 5 |
| Q4 FY27 | $1.7B | $1.6B to $1.7B | $1.23 | $1.19 to $1.28 | 5 |
| Q1 FY28 | $1.7B | $1.6B to $1.7B | $1.28 | $1.24 to $1.33 | 6 |
| Q2 FY28 | $1.7B | $1.7B to $1.8B | $1.35 | $1.31 to $1.41 | 6 |
Peers
Companies in Financial - Data & Stock Exchanges nearest Nasdaq's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| NDAQNasdaq | $57.3B | 29.9× | 27.9× | 23.5× | 6.6× | +8% | 22.5% |
| MSCIMSCI | $44.8B | 33.7× | 40.1× | 29.2× | 13.4× | +12% | 40.7% |
| COINCoinbase Global | $43.4B | n/m | 34.6× | 217× | 6.9× | −10% | −15.7% |
| MCOMoody's | $83.7B | 30.7× | 34.4× | 27.2× | 10.3× | +12% | 34.3% |
| ICEIntercontinental Exchange | $91.4B | 23.0× | 25.9× | 19.6× | 6.8× | +7% | 30.1% |
| CBOECboe Global Markets | $35.6B | 26.5× | 28.5× | 23.8× | 7.0× | +12% | 26.7% |
| CMECME | $109.9B | 25.9× | 26.2× | 24.5× | 16.2× | +5% | 63.9% |
| SPGIS&P Global | $132.8B | 27.4× | 32.8× | 23.9× | 8.2× | +10% | 30.5% |
| TRUTransUnion | $15.6B | 21.5× | 45.7× | n/m | 3.2× | +12% | 15.1% |
| SNEXStoneX | $6.8B | 11.5× | 11.3× | n/m | 0.0× | +21% | 0.3% |
| Peer median | $44.8B | 26.2× | 32.8× | 24.5× | 7.0× | +12% | 30.1% |
Investors who own it
Investors we follow who held Nasdaq at the end of Jun 30, 2026, from their 13F filings.
- Bill NygrenHarris Associates (Oakmark)0.8% of portfolioadded
More on Nasdaq
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 11Financial data and exchange stocks with the lowest price to sales ratio
- #5of 11Financial data and exchange stocks with the lowest EV/EBIT
- #7of 11Financial data and exchange stocks with the highest profit margins
- #7of 10Financial data and exchange stocks with the fastest earnings growth
- #8of 11Financial data and exchange stocks with the fastest revenue growth
- #8of 10Financial data and exchange stocks with the lowest PE ratio
Its groups
About
- Industry
- Financial - Data & Stock Exchanges
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .