Nasdaq (NDAQ) Debt to Equity (2009 - 2026)

Nasdaq has disclosed Debt to Equity across 18 years of filings, most recently posting $0.74 for Q1 2026.

• Debt to Equity for Q1 2026 came in at $0.74, down 7.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.74 (down 7.77% YoY), and the FY2025 annual result was $0.74, up 105.02% from the prior year.
• Debt to Equity came in at $0.74 for Q1 2026 at Nasdaq, up from $0.74 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $1021.8 in Q1 2023 to a low of -$14.65 in Q4 2024.
• The 5-year median for Debt to Equity is $0.89 (2024), against an average of $193.56.
• Across the five-year window, Debt to Equity jumped 67833.83% in 2022 and slumped 1617.5% in 2024, its largest moves.
• Nasdaq's Debt to Equity stood at -$2.71 in 2022, then jumped by 135.61% to $0.97 in 2023, then sank by 1617.5% to -$14.65 in 2024, then surged by 105.02% to $0.74 in 2025, then climbed by 1.12% to $0.74 in 2026.
• The last three Debt to Equity figures came in at $0.74 (Q1 2026), $0.74 (Q4 2025), and $0.76 (Q3 2025), per Business Quant data.