Nasdaq (NDAQ) Price to Earnings (2009 - 2026)
Nasdaq's (NDAQ) quarterly Price to Earnings came in at 87.37 in Q2 2026, down 23.06% year-over-year from 113.56 in Q2 2025, and down 5.46% quarter-over-quarter from 92.41 in Q1 2026.
Analysis
Nasdaq (NDAQ) Price to Earnings (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Price to Earnings across 18 years of filings, most recently posting 87.37 for Q2 2026.
- In Q2 2026, Price to Earnings fell 23.06% year-over-year to 87.37; the TTM figure through Jun 2026 stood at 22.52 (down 33.88% YoY), while the FY2025 annual figure was 30.98, down 22.31% from the prior year.
- Price to Earnings came in at 87.37 for Q2 2026 at Nasdaq, down from 92.41 in the prior quarter.
- In the past five years, Price to Earnings ranged from a high of 170.61 in Q4 2023 to a low of 81.2 in Q3 2023.
- Average Price to Earnings over 5 years is 113.54, with a median of 108.55 recorded in 2025.
- Year-over-year, Price to Earnings soared 75.27% in 2024 and decreased 29.33% in 2025.
- Over 5 years, Price to Earnings stood at 125.66 in 2022, then soared by 35.77% to 170.61 in 2023, then slipped by 26.6% to 125.23 in 2024, then declined by 14.67% to 106.86 in 2025, then declined by 18.24% to 87.37 in 2026.
- Per Business Quant data, the three most recent Price to Earnings figures were 87.37 in Q2 2026, 92.41 in Q1 2026, and 106.86 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 101.06 Bn | 101.06 Bn | 1.65 Bn |
| 2 | Intercontinental Exchange | 90.48 Bn | 88.60 Bn | - |
| 3 | Nasdaq | 54.45 Bn | 53.73 Bn | 1.50 Bn |
| 4 | Cboe Global Markets | 31.27 Bn | 28.88 Bn | 731.60 Mn |
| 5 | Tradeweb Markets | 24.86 Bn | 23.51 Bn | - |
| 6 | Marketaxess Holdings | 5.75 Bn | 5.47 Bn | - |
| 7 | Miami International Holdings | 4.18 Bn | 3.51 Bn | 141.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 87.37 |
| Mar 31, 2026 | 92.41 |
| Dec 31, 2025 | 106.86 |
| Sep 30, 2025 | 119.82 |
| Jun 30, 2025 | 113.56 |
| Mar 31, 2025 | 110.24 |
| Dec 31, 2024 | 125.23 |
| Sep 30, 2024 | 137.64 |
| Jun 30, 2024 | 156.37 |
| Mar 31, 2024 | 155.99 |
| Dec 31, 2023 | 170.61 |
| Sep 30, 2023 | 81.20 |
| Jun 30, 2023 | 91.72 |
| Mar 31, 2023 | 89.00 |
| Dec 31, 2022 | 125.66 |
| Sep 30, 2022 | 94.70 |
| Jun 30, 2022 | 81.49 |
| Mar 31, 2022 | 103.90 |
| Dec 31, 2021 | 135.15 |
| Sep 30, 2021 | 112.06 |