Nasdaq (NDAQ) Asset Utilization Ratio (2010 - 2026)
Nasdaq's (NDAQ) Asset Utilization Ratio was 0.32 for Q2 2026, up 20.2% from 0.27 a year earlier and up 12.3% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Nasdaq was 0.27, up 13.9% from FY2024.
- By year, Asset Utilization Ratio came in at 0.24 in FY2024 (+3.5%), 0.23 in FY2023 (-24.9%), 0.30 in FY2022 (-1.7%) and 0.31 in FY2021 (-12.4%).
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio since Q3 2021.
- Year over year, Asset Utilization Ratio has now increased in each of the last seven quarters, with growth averaging 15.0% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2025 (growth of 29.2%); the low point was Q1 2024 (a decline of 33.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.29 (Q1 2026), 0.27 (Q4 2025) and 0.27 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 0.10 |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 0.04 |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 0.03 |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 0.08 |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 0.32 |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 0.04 |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 0.03 |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 0.03 |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 0.47 |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - | 1.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.29 |
| 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 | 0.23 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.21 |
| 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 |
API Access
Nasdaq Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();