Nasdaq (NDAQ) Debt Ratio (2009 - 2026)

Nasdaq has disclosed Debt Ratio across 18 years of filings, most recently posting 0.33 for Q1 2026.

• Debt Ratio for Q1 2026 came in at 0.33, up 7.81% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.33 (up 7.81% YoY), and the FY2025 annual result was 0.29, down 7.03% from the prior year.
• Debt Ratio came in at 0.33 for Q1 2026 at Nasdaq, up from 0.29 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.4 in Q3 2023 to a low of 0.23 in Q3 2022.
• The 5-year median for Debt Ratio is 0.3 (2025), against an average of 0.31.
• Across the five-year window, Debt Ratio retreated 27.32% in 2022 and surged 70.17% in 2023, its largest moves.
• Nasdaq's Debt Ratio stood at 0.26 in 2022, then increased by 25.12% to 0.32 in 2023, then decreased by 3.65% to 0.31 in 2024, then retreated by 7.03% to 0.29 in 2025, then increased by 13.15% to 0.33 in 2026.
• The last three Debt Ratio figures came in at 0.33 (Q1 2026), 0.29 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.