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

Nasdaq (NDAQ) posted quarterly FCF Payout Ratio of 0.27 for Q2 2026, up 21.64% year-on-year from 0.23 in Q2 2025, and up 12.83% on a QoQ basis from 0.24 in Q1 2026.

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

Nasdaq (NDAQ) has reported FCF Payout Ratio for 15 consecutive years, with 0.27 the latest figure, recorded 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 grew to 0.27 in Q2 2026 per NDAQ's latest filing, from 0.24 in the prior quarter.
  • Over the last five years, FCF Payout Ratio for NDAQ reached as high as 1.02 in Q3 2025 and fell as low as 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.
  • Annual changes were most pronounced in 2022 — FCF Payout Ratio tumbled 88.75% — and 2024, when it soared 78.75%.
  • Year by year, FCF Payout Ratio stood at 0.21 in 2022, then surged by 58.97% to 0.34 in 2023, then tumbled by 36.82% to 0.21 in 2024, then surged by 33.42% to 0.29 in 2025, then declined 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 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 0.09
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 0.51
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 0.27
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 0.24
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 0.27
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn -
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 0.42
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 0.04
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 1.32

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