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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) EBITDA Margin (2016 - 2025)

Nasdaq's EBITDA Margin history spans 17 years, with the latest figure at 29.66% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 419.0% year-over-year to 29.66%; the TTM value through Dec 2025 reached 28.21%, up 391.0%, while the annual FY2025 figure was 28.21%, 392.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 29.66% at Nasdaq, down from 29.93% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 29.93% in Q3 2025 and bottomed at 21.43% in Q4 2023.
  • The 5-year median for EBITDA Margin is 26.2% (2021), against an average of 25.69%.
  • The largest annual shift saw EBITDA Margin crashed -615bps in 2024 before it surged 637bps in 2025.
  • A 5-year view of EBITDA Margin shows it stood at 23.45% in 2021, then dropped by -6bps to 22.06% in 2022, then decreased by -3bps to 21.43% in 2023, then grew by 19bps to 25.47% in 2024, then rose by 16bps to 29.66% in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's EBITDA Margin are 29.66% (Q4 2025), 29.93% (Q3 2025), and 27.18% (Q2 2025).