Nasdaq (NDAQ) Equity Ratio (2009 - 2026)
Nasdaq's (NDAQ) quarterly Equity Ratio came in at 0.44 in Q1 2026, up 16.9% year-on-year from 0.38 in Q1 2025, and up 11.89% quarter-over-quarter from 0.39 in Q4 2025.
Nasdaq (NDAQ) Equity Ratio (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Equity Ratio across 18 years of filings, most recently posting 0.44 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.44, up 16.9% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.44 (up 16.9% YoY), and the FY2025 annual result was 0.39, up 1950.51% from the prior year.
- Equity Ratio came in at 0.44 for Q1 2026 at Nasdaq, up from 0.39 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.44 in Q1 2026 to a low of 0.1 in Q4 2022.
- The 5-year median for Equity Ratio is 0.05 (2023), against an average of 0.16.
- Across the five-year window, Equity Ratio sank 339.17% in 2022 and surged 114017.27% in 2025, its largest moves.
- Nasdaq's Equity Ratio stood at 0.1 in 2022, then jumped by 451.4% to 0.34 in 2023, then slumped by 106.35% to 0.02 in 2024, then jumped by 1950.51% to 0.39 in 2025, then gained by 11.89% to 0.44 in 2026.
- The last three Equity Ratio figures came in at 0.44 (Q1 2026), 0.39 (Q4 2025), and 0.39 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 0.51 |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 0.13 |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 0.21 |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 0.16 |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 0.44 |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 0.47 |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -0.50 |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 0.49 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 0.39 |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 0.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.44 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.39 |
| Jun 30, 2025 | -0.02 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | -0.02 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | -0.07 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | -0.10 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | -0.02 |
| Sep 30, 2021 | 0.35 |
| Jun 30, 2021 | 0.34 |