Nasdaq (NDAQ) Interest Coverage Ratio (2009 - 2026)

Nasdaq (NDAQ) posted quarterly Interest Coverage Ratio of 1.09 for Q2 2026, down 16.88% year-on-year from 1.31 in Q2 2025, and up 9.53% on a QoQ basis from 1.0 in Q1 2026.

Nasdaq (NDAQ) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Nasdaq (NDAQ) has reported Interest Coverage Ratio for 18 consecutive years, with 1.09 the latest figure, recorded in Q2 2026.

  • Quarterly Interest Coverage Ratio fell 16.88% year-over-year to 1.09 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.96 (down 17.62% YoY) and the FY2025 annual result came in at 0.73, down 56.15% from the prior year.
  • Interest Coverage Ratio climbed to 1.09 in Q2 2026 per NDAQ's latest filing, from 1.0 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for NDAQ reached as high as 7.59 in Q4 2022 and fell as low as 0.2 in Q4 2023.
  • A 5-year average of 2.16 and a median of 1.29 in 2025 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 97.32% — and 2024, when it surged 2463.64%.
  • Year by year, Interest Coverage Ratio stood at 7.59 in 2022, then plunged by 97.32% to 0.2 in 2023, then surged by 2463.64% to 5.22 in 2024, then tumbled by 83.39% to 0.87 in 2025, then gained by 25.68% to 1.09 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.09, 1.0, and 0.87 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest 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 3.06
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 1.29
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 1.25
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 1.88
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 1.09
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn -0.01
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 2.57
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 12.55
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 3.95

Historic Data

Download Data
DateValue
Jun 30, 2026 1.09
Mar 31, 2026 1.00
Dec 31, 2025 0.87
Sep 30, 2025 0.96
Jun 30, 2025 1.31
Mar 31, 2025 1.26
Dec 31, 2024 5.22
Sep 30, 2024 0.97
Jun 30, 2024 0.92
Mar 31, 2024 0.89
Dec 31, 2023 0.20
Sep 30, 2023 2.93
Jun 30, 2023 2.60
Mar 31, 2023 2.80
Dec 31, 2022 7.59
Sep 30, 2022 2.69
Jun 30, 2022 2.78
Mar 31, 2022 2.76
Dec 31, 2021 11.47
Sep 30, 2021 2.36