KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) EBIT Margin (2009 - 2026)

Nasdaq recorded quarterly EBIT Margin of 30.74% in Q1 2026, up 3.82% quarter-over-quarter from 29.61% in Q4 2025, and up 465.0% year-over-year from 5.44% in Q1 2025.

Nasdaq's EBIT Margin history runs 18 years deep, the most recent figure standing at 30.74% for Q1 2026.

  • In Q1 2026, EBIT Margin rose 465.0% year-over-year to 30.74%; the TTM figure through Mar 2026 stood at 29.37% (up 462.0% YoY), while the FY2025 annual figure was 28.21%, up 392.0% from the prior year.
  • EBIT Margin came in at 30.74% for Q1 2026 at Nasdaq, up from 29.61% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 36.91% in Q4 2023 to a low of 22.06% in Q4 2022.
  • A 5-year average of 27.14% and a median of 26.55% in 2022 frame the typical range for EBIT Margin.
  • Across the five-year window, EBIT Margin surged 1485 bps in 2023 and sank 1144 bps in 2024, its largest moves.
  • Nasdaq's EBIT Margin stood at 22.06% in 2022, then soared by 67 bps to 36.91% in 2023, then slumped by 31 bps to 25.47% in 2024, then gained by 16 bps to 29.61% in 2025, then rose by 4 bps to 30.74% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 30.74%, 29.61%, and 29.93% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 48.00%
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 69.66%
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 55.93%
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 44.35%
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 30.74%
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -1.52%
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 53.70%
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 39.72%
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 19.65%
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 30.27%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 30.74%
Dec 31, 2025 29.61%
Sep 30, 2025 29.93%
Jun 30, 2025 27.18%
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 36.91%
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%
Sep 30, 2021 26.23%
Jun 30, 2021 26.63%
Mar 31, 2021 22.11%
Dec 31, 2020 21.75%
Sep 30, 2020 23.07%
Jun 30, 2020 22.53%
Mar 31, 2020 20.33%
Dec 31, 2019 24.51%
Sep 30, 2019 20.62%
Jun 30, 2019 24.13%
Mar 31, 2019 26.47%
Dec 31, 2018 24,100.00%
Sep 30, 2018 25.52%
Jun 30, 2018 26.19%
Mar 31, 2018 23.72%
Dec 31, 2017 23.65%
Sep 30, 2017 27.15%
Jun 30, 2017 24.35%
Mar 31, 2017 25.39%
Dec 31, 2016 24.55%
Sep 30, 2016 25.08%
Jun 30, 2016 19.40%
Mar 31, 2016 24.20%
Dec 31, 2015 16.08%
Sep 30, 2015 20.34%
Jun 30, 2015 7.75%
Mar 31, 2015 7.19%
Dec 31, 2014 18.80%
Sep 30, 2014 25.31%
Jun 30, 2014 22.08%
Mar 31, 2014 20.49%
Dec 31, 2013 28.03%
Sep 30, 2013 25.09%
Jun 30, 2013 19.53%
Mar 31, 2013 12.10%
Dec 31, 2012 23.05%
Sep 30, 2012 22.79%
Jun 30, 2012 21.47%
Mar 31, 2012 21.27%
Dec 31, 2011 18.98%
Sep 30, 2011 20.66%
Jun 30, 2011 18.88%
Mar 31, 2011 22.45%
Dec 31, 2010 22.52%
Sep 30, 2010 21.80%
Jun 30, 2010 20.20%
Mar 31, 2010 14.53%
Dec 31, 2009 18.12%
Sep 30, 2009 16.17%
Jun 30, 2009 17.89%