Nasdaq (NDAQ) EV to EBIT (2010 - 2026)
Nasdaq's EV to EBIT was 16.87 in Q2 2026, down 30.6% from 24.29 a year earlier and down 12.9% from the prior quarter.
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Analysis
Nasdaq (NDAQ) EV to EBIT (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nasdaq's EV to EBIT was 16.15 through Jun 30, 2026, down 30.6% year-over-year; for FY2025, it was 23.48, down 3.4% from FY2024.
- In earlier years, EV to EBIT was 24.30 in FY2024 (+16.9%), 20.79 in FY2023 (+10.3%), 18.85 in FY2022 (-21.0%) and 23.88 in FY2021 (+55.4%).
- The Q2 2026 figure marks the lowest quarterly EV to EBIT since Q3 2023.
- Compared with a year earlier, EV to EBIT has declined for four straight quarters, with growth averaging 11.4% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q3 2024 (growth of 118.9%); the worst was Q3 2023 (a decline of 34.0%).
- Per Business Quant data, NDAQ's EV to EBIT in the three quarters before Q2 2026 was 19.37 (Q1 2026), 23.49 (Q4 2025) and 22.62 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 104.48 Bn | 85.58 Bn | - |
| 2 | Bank of New York Mellon | 99.71 Bn | 39.09 Bn | - |
| 3 | Cme | 94.57 Bn | 94.57 Bn | - |
| 4 | Intercontinental Exchange | 85.38 Bn | 79.19 Bn | - |
| 5 | Nasdaq | 51.62 Bn | 49.05 Bn | 1.50 Bn |
| 6 | State Street | 48.84 Bn | 48.84 Bn | - |
| 7 | Interactive Brokers | 38.83 Bn | 32.29 Bn | - |
| 8 | Northern Trust | 31.65 Bn | 31.65 Bn | - |
| 9 | Cboe Global Markets | 27.38 Bn | 19.03 Bn | 731.60 Mn |
| 10 | LPL Financial Holdings | 24.26 Bn | 19.58 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.87 |
| Mar 31, 2026 | 19.37 |
| Dec 31, 2025 | 23.49 |
| Sep 30, 2025 | 22.62 |
| Jun 30, 2025 | 24.29 |
| Mar 31, 2025 | 22.05 |
| Dec 31, 2024 | 24.30 |
| Sep 30, 2024 | 25.41 |
| Jun 30, 2024 | 21.11 |
| Mar 31, 2024 | 22.71 |
| Dec 31, 2023 | 20.79 |
| Sep 30, 2023 | 11.61 |
| Jun 30, 2023 | 12.24 |
| Mar 31, 2023 | 16.70 |
| Dec 31, 2022 | 18.85 |
| Sep 30, 2022 | 17.59 |
| Jun 30, 2022 | 16.09 |
| Mar 31, 2022 | 19.38 |
| Dec 31, 2021 | 23.88 |
| Sep 30, 2021 | 22.47 |
API Access
Nasdaq EV to EBIT 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=ev-to-ebit&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();