Nasdaq (NDAQ) Payout Ratio (2012 - 2026)
Nasdaq's (NDAQ) quarterly Payout Ratio came in at 0.34 in Q2 2026, little changed year-over-year from 0.34 in Q2 2025, and up 16.42% quarter-over-quarter from 0.29 in Q1 2026.
Analysis
Nasdaq (NDAQ) Payout Ratio (2012 - 2026) Analysis & Trends
Nasdaq has disclosed Payout Ratio across 15 years of filings, most recently posting 0.34 for Q2 2026.
- In Q2 2026, Payout Ratio changed 0.08% year-over-year to 0.34; the TTM figure through Jun 2026 stood at 0.32 (down 14.5% YoY), while the FY2025 annual figure was 0.34, down 30.68% from the prior year.
- Payout Ratio came in at 0.34 for Q2 2026 at Nasdaq, up from 0.29 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 0.65 in Q4 2023 to a low of 0.29 in Q1 2026.
- Average Payout Ratio over 5 years is 0.4, with a median of 0.36 recorded in 2025.
- Year-over-year, Payout Ratio surged 67.41% in 2024 and slumped 44.83% in 2025.
- Over 5 years, Payout Ratio stood at 0.41 in 2022, then soared by 58.68% to 0.65 in 2023, then sank by 40.01% to 0.39 in 2024, then dropped by 24.02% to 0.3 in 2025, then grew by 16.19% to 0.34 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 0.34 in Q2 2026, 0.29 in Q1 2026, and 0.3 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 99.04 Bn | 99.04 Bn | 1.65 Bn |
| 2 | Intercontinental Exchange | 88.45 Bn | 86.50 Bn | - |
| 3 | Nasdaq | 53.21 Bn | 52.49 Bn | 1.50 Bn |
| 4 | Cboe Global Markets | 30.51 Bn | 28.12 Bn | 731.60 Mn |
| 5 | Tradeweb Markets | 21.83 Bn | 19.78 Bn | - |
| 6 | Marketaxess Holdings | 5.75 Bn | 5.46 Bn | - |
| 7 | Miami International Holdings | 4.08 Bn | 3.41 Bn | 141.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.33 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.32 |