Nasdaq (NDAQ) Interest Coverage Ratio (2009 - 2026)
Nasdaq (NDAQ) posted Interest Coverage Ratio of 1.09 for Q2 2026, up 9.53% sequentially from 1.0 in Q1 2026, and down 16.88% YoY from 1.31 in Q2 2025.
Nasdaq (NDAQ) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nasdaq has reported Interest Coverage Ratio for 18 years, with the latest figure at 1.09 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 rose to 1.09 in Q2 2026 per NDAQ's latest filing, from 1.0 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 18.33 in Q4 2023 and troughed at 0.87 in Q4 2025.
- A 5-year average of 2.94 and a median of 1.96 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio jumped 509.36% in 2023, then tumbled 84.81% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 3.01 in 2022, then surged by 509.36% to 18.33 in 2023, then plunged by 68.67% to 5.74 in 2024, then sank by 84.81% to 0.87 in 2025, then gained by 24.98% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.15 Bn | 123.01 Bn | 2.98 Bn | 20.83 |
| 2 | Cme | 99.06 Bn | 99.06 Bn | 1.65 Bn | 25.39 |
| 3 | Intercontinental Exchange | 91.10 Bn | 89.14 Bn | - | 6.79 |
| 4 | Moodys | 87.65 Bn | 86.15 Bn | 1.67 Bn | - |
| 5 | Nasdaq | 55.50 Bn | 54.78 Bn | 1.50 Bn | 8.28 |
| 6 | Coinbase Global | 49.43 Bn | 40.64 Bn | 1.16 Bn | -5.04 |
| 7 | Msci | 41.11 Bn | 40.75 Bn | 717.10 Mn | 6.87 |
| 8 | Cboe Global Markets | 31.51 Bn | 29.12 Bn | 731.60 Mn | 36.06 |
| 9 | TransUnion | 16.35 Bn | 15.51 Bn | 765.00 Mn | 3.92 |
| 10 | Factset Research Systems | 10.78 Bn | 10.47 Bn | 310.73 Mn | 12.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 5.74 |
| Sep 30, 2024 | 0.97 |
| Jun 30, 2024 | 0.92 |
| Mar 31, 2024 | 0.89 |
| Dec 31, 2023 | 18.33 |
| Sep 30, 2023 | 2.93 |
| Jun 30, 2023 | 2.60 |
| Mar 31, 2023 | 2.80 |
| Dec 31, 2022 | 3.01 |
| 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 |