Nasdaq (NDAQ) EBIT Margin (2009 - 2026)
Nasdaq's EBIT Margin was 30.59% in Q3 2026, up 0.98 percentage points from 29.61% a year earlier and up 2.47 percentage points from the prior quarter.
Powered by 
Analysis
Nasdaq (NDAQ) EBIT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nasdaq's EBIT Margin was 29.84% through Sep 30, 2026, up 2.81 percentage points year-over-year; for FY2025, it was 28.21%, up 3.92 percentage points from FY2024.
- EBIT Margin shows a five-year change of +6.28 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 24.30% in FY2024 (-1.73 pp), 26.02% in FY2023 (+0.90 pp), 25.12% in FY2022 (+0.64 pp) and 24.48% in FY2021 (+2.54 pp).
- Quarterly EBIT Margin has moved between 21.43% (Q4 2023) and 30.74% (Q1 2026) over five years.
- Compared with a year earlier, EBIT Margin has increased for eight straight quarters, with an average year-over-year change of +3.31 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q3 2025 (a gain of 6.06 percentage points); the worst was Q3 2024 (a drop of 6.15 percentage points).
- Per Business Quant data, NDAQ's EBIT Margin in the three quarters before Q3 2026 was 28.12% (Q2 2026), 30.74% (Q1 2026) and 30.14% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - | 65.70% |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - | 113.77% |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - | 38.84% |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - | 58.57% |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn | 30.59% |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - | 85.91% |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn | 39.32% |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - | 144.98% |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 160.10% |
| 10 | Tradeweb Markets | 26.89 Bn | 18.69 Bn | - | 43.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.59% |
| Jun 30, 2026 | 28.12% |
| Mar 31, 2026 | 30.74% |
| Dec 31, 2025 | 30.14% |
| Sep 30, 2025 | 29.61% |
| Jun 30, 2025 | 27.03% |
| Mar 31, 2025 | 26.10% |
| Dec 31, 2024 | 25.47% |
| Sep 30, 2024 | 23.55% |
| Jun 30, 2024 | 23.60% |
| Mar 31, 2024 | 24.49% |
| Dec 31, 2023 | 21.43% |
| Sep 30, 2023 | 29.70% |
| Jun 30, 2023 | 26.66% |
| Mar 31, 2023 | 26.88% |
| Dec 31, 2022 | 22.06% |
| Sep 30, 2022 | 25.56% |
| Jun 30, 2022 | 26.55% |
| Mar 31, 2022 | 26.38% |
| Dec 31, 2021 | 23.45% |
API Access
Nasdaq EBIT Margin 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=ebit-margin&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();