KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Nasdaq (NDAQ) Debt to Equity (2016 - 2025)

Nasdaq's Debt to Equity history spans 17 years, with the latest figure at $0.74 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 13.0% year-over-year to $0.74; the TTM value through Dec 2025 reached $0.74, down 13.0%, while the annual FY2025 figure was $0.74, 13.0% down from the prior year.
  • Debt to Equity for Q4 2025 was $0.74 at Nasdaq, down from $0.76 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2945.0 in Q1 2021 and bottomed at -$17.04 in Q2 2023.
  • The 5-year median for Debt to Equity is $1.26 (2023), against an average of $356.61.
  • The largest annual shift saw Debt to Equity soared 35998.29% in 2022 before it plummeted 103.84% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $2.99 in 2021, then skyrocketed by 35998.29% to $1079.8 in 2022, then tumbled by 99.91% to $0.97 in 2023, then dropped by 12.34% to $0.85 in 2024, then decreased by 13.0% to $0.74 in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's Debt to Equity are $0.74 (Q4 2025), $0.76 (Q3 2025), and $1.02 (Q2 2025).