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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) FCF Margin (2016 - 2025)

Nasdaq's FCF Margin history spans 17 years, with the latest figure at 25.24% for Q4 2025.

  • For Q4 2025, FCF Margin fell 654.0% year-over-year to 25.24%; the TTM value through Dec 2025 reached 24.07%, up 66.0%, while the annual FY2025 figure was 24.07%, 67.0% up from the prior year.
  • FCF Margin for Q4 2025 was 25.24% at Nasdaq, up from 7.76% in the prior quarter.
  • Across five years, FCF Margin topped out at 37.13% in Q1 2022 and bottomed at 2.41% in Q2 2021.
  • The 5-year median for FCF Margin is 22.77% (2023), against an average of 22.57%.
  • The largest YoY upside for FCF Margin was 1927bps in 2021 against a maximum downside of -2613bps in 2021.
  • A 5-year view of FCF Margin shows it stood at 22.77% in 2021, then grew by 28bps to 29.08% in 2022, then dropped by -22bps to 22.77% in 2023, then soared by 40bps to 31.77% in 2024, then fell by -21bps to 25.24% in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's FCF Margin are 25.24% (Q4 2025), 7.76% (Q3 2025), and 32.87% (Q2 2025).