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| Date | Value |
|---|---|
| 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 |