Nasdaq NDAQ
NASDAQ NDAQ
$98.22 +0.67 (+0.69%)
At close: Aug 21, 2026 · 4:00 PM EDT

Nasdaq (NDAQ) FCF Payout Ratio (2012 - 2026)

Nasdaq (NDAQ) posted FCF Payout Ratio of 0.27 for Q2 2026, up 12.83% sequentially from 0.24 in Q1 2026, and up 21.64% YoY from 0.23 in Q2 2025.

Nasdaq (NDAQ) FCF Payout Ratio (2012 - 2026) Analysis & Trends

Nasdaq has reported FCF Payout Ratio for 15 years, with the latest figure at 0.27 in Q2 2026.

  • Quarterly FCF Payout Ratio rose 21.64% year-over-year to 0.27 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.33 (up 22.07% YoY) and the FY2025 annual result came in at 0.3, down 3.26% from the prior year.
  • FCF Payout Ratio climbed to 0.27 in Q2 2026 per NDAQ's latest filing, from 0.24 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 1.02 in Q3 2025 and troughed at 0.16 in Q1 2022.
  • A 5-year average of 0.35 and a median of 0.28 in 2025 frame the typical range for FCF Payout Ratio.
  • The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio tumbled 88.75% in 2022, then jumped 78.75% in 2024.
  • Over 5 years, FCF Payout Ratio stood at 0.21 in 2022, then surged by 58.97% to 0.34 in 2023, then slumped by 36.82% to 0.21 in 2024, then surged by 33.42% to 0.29 in 2025, then decreased by 3.85% to 0.27 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.27, 0.24, and 0.29 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 S&P Global 127.26 Bn 123.12 Bn 2.98 Bn 0.21
2 Cme 99.13 Bn 99.13 Bn 1.65 Bn 0.51
3 Intercontinental Exchange 90.95 Bn 88.99 Bn - 0.16
4 Moodys 87.63 Bn 86.13 Bn 1.67 Bn 0.27
5 Nasdaq 55.45 Bn 54.73 Bn 1.50 Bn 0.27
6 Coinbase Global 49.19 Bn 40.40 Bn 1.16 Bn -
7 Msci 41.09 Bn 40.73 Bn 717.10 Mn 0.44
8 Cboe Global Markets 31.57 Bn 29.18 Bn 731.60 Mn -0.14
9 TransUnion 16.37 Bn 15.54 Bn 765.00 Mn 0.08
10 Factset Research Systems 10.82 Bn 10.52 Bn 310.73 Mn 0.16

Historic Data

Download Data
DateValue
Jun 30, 2026 0.27
Mar 31, 2026 0.24
Dec 31, 2025 0.29
Sep 30, 2025 1.02
Jun 30, 2025 0.23
Mar 31, 2025 0.22
Dec 31, 2024 0.21
Sep 30, 2024 0.73
Jun 30, 2024 0.34
Mar 31, 2024 0.26
Dec 31, 2023 0.34
Sep 30, 2023 0.41
Jun 30, 2023 0.29
Mar 31, 2023 0.19
Dec 31, 2022 0.21
Sep 30, 2022 0.52
Jun 30, 2022 0.29
Mar 31, 2022 0.16
Dec 31, 2021 0.27
Sep 30, 2021 0.46