KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Asset Utilization Ratio (2010 - 2026)

Nasdaq recorded quarterly Asset Utilization Ratio of 0.28 in Q1 2026, up 6.27% quarter-over-quarter from 0.27 in Q4 2025, and up 11.15% year-over-year from 0.26 in Q1 2025.

Nasdaq's Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.28 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 11.15% year-over-year to 0.28; the TTM figure through Mar 2026 stood at 0.28 (up 11.15% YoY), while the FY2025 annual figure was 0.27, up 13.9% from the prior year.
  • Asset Utilization Ratio came in at 0.28 for Q1 2026 at Nasdaq, up from 0.27 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.3 in Q1 2023 to a low of 0.15 in Q1 2024.
  • A 5-year average of 0.24 and a median of 0.27 in 2025 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio sank 49.66% in 2024 and jumped 70.27% in 2025, its largest moves.
  • Nasdaq's Asset Utilization Ratio stood at 0.28 in 2022, then sank by 43.28% to 0.16 in 2023, then jumped by 50.56% to 0.24 in 2024, then increased by 10.4% to 0.27 in 2025, then increased by 6.27% to 0.28 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.28, 0.27, and 0.27 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 0.26
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 0.03
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 0.07
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 0.52
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 0.28
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 0.22
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 0.58
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 0.47
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 0.41
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 0.57

Historic Data

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DateValue
Mar 31, 2026 0.28
Dec 31, 2025 0.27
Sep 30, 2025 0.27
Jun 30, 2025 0.27
Mar 31, 2025 0.26
Dec 31, 2024 0.24
Sep 30, 2024 0.18
Jun 30, 2024 0.17
Mar 31, 2024 0.15
Dec 31, 2023 0.16
Sep 30, 2023 0.24
Jun 30, 2023 0.26
Mar 31, 2023 0.30
Dec 31, 2022 0.28
Sep 30, 2022 0.27
Jun 30, 2022 0.27
Mar 31, 2022 0.28
Dec 31, 2021 0.31
Sep 30, 2021 0.32
Jun 30, 2021 0.33
Mar 31, 2021 0.32
Dec 31, 2020 0.34
Sep 30, 2020 0.36
Jun 30, 2020 0.33
Mar 31, 2020 0.32
Dec 31, 2019 0.32
Sep 30, 2019 0.24
Jun 30, 2019 0.21
Mar 31, 2019 0.20
Dec 31, 2018 0.21
Sep 30, 2018 0.28
Jun 30, 2018 0.27
Mar 31, 2018 0.27
Dec 31, 2017 0.26
Sep 30, 2017 0.21
Jun 30, 2017 0.21
Mar 31, 2017 0.21
Dec 31, 2016 0.21
Sep 30, 2016 0.19
Jun 30, 2016 0.14
Mar 31, 2016 0.10
Dec 31, 2015 0.04
Sep 30, 2015 0.11
Jun 30, 2015 0.17
Mar 31, 2015 0.23
Dec 31, 2014 0.28
Sep 30, 2014 0.27
Jun 30, 2014 0.26
Mar 31, 2014 0.26
Dec 31, 2013 0.26
Sep 30, 2013 0.26
Jun 30, 2013 0.29
Mar 31, 2013 0.33
Dec 31, 2012 0.35
Sep 30, 2012 0.36
Jun 30, 2012 0.38
Mar 31, 2012 0.30
Dec 31, 2011 0.25
Sep 30, 2011 0.25
Jun 30, 2011 0.20
Mar 31, 2011 0.19
Dec 31, 2010 0.24
Sep 30, 2010 0.32