Nasdaq (NDAQ) FCF Payout Ratio (2012 - 2026)
Nasdaq's (NDAQ) quarterly FCF Payout Ratio came in at 0.24 in Q1 2026, up 8.23% year-on-year from 0.22 in Q1 2025, and down 14.79% quarter-over-quarter from 0.29 in Q4 2025.
Nasdaq (NDAQ) FCF Payout Ratio (2012 - 2026) Analysis & Trends
Nasdaq has disclosed FCF Payout Ratio across 15 years of filings, most recently posting 0.24 for Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.24, up 8.23% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.31 (up 3.3% YoY), and the FY2025 annual result was 0.3, down 3.26% from the prior year.
- FCF Payout Ratio came in at 0.24 for Q1 2026 at Nasdaq, down from 0.29 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 1.02 in Q3 2025 to a low of 0.16 in Q1 2022.
- The 5-year median for FCF Payout Ratio is 0.29 (2025), against an average of 0.35.
- Across the five-year window, FCF Payout Ratio tumbled 88.75% in 2022 and surged 78.75% in 2024, its largest moves.
- Nasdaq's FCF Payout Ratio stood at 0.21 in 2022, then soared by 58.97% to 0.34 in 2023, then slumped by 36.82% to 0.21 in 2024, then soared by 33.42% to 0.29 in 2025, then declined by 14.79% to 0.24 in 2026.
- The last three FCF Payout Ratio figures came in at 0.24 (Q1 2026), 0.29 (Q4 2025), and 1.02 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 0.29 |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 2.18 |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 0.22 |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 0.24 |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 0.24 |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | - |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 0.53 |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 0.04 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 1.32 |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 0.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.59 |