Nasdaq (NDAQ) Price to Sales (2009 - 2026)
Nasdaq's (NDAQ) quarterly Price to Sales came in at 17.49 in Q2 2026, down 28.39% year-over-year from 24.43 in Q2 2025, and down 22.05% quarter-over-quarter from 22.44 in Q1 2026.
Analysis
Nasdaq (NDAQ) Price to Sales (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Price to Sales across 18 years of filings, most recently posting 17.49 for Q2 2026.
- In Q2 2026, Price to Sales fell 28.39% year-over-year to 17.49; the TTM figure through Jun 2026 stood at 5.06 (down 19.83% YoY), while the FY2025 annual figure was 6.7, up 11.52% from the prior year.
- Price to Sales came in at 17.49 for Q2 2026 at Nasdaq, down from 22.44 in the prior quarter.
- In the past five years, Price to Sales ranged from a high of 224.43 in Q4 2023 to a low of 16.12 in Q2 2022.
- Average Price to Sales over 5 years is 31.66, with a median of 20.07 recorded in 2025.
- Year-over-year, Price to Sales jumped 1077.24% in 2023 and slumped 90.24% in 2024.
- Over 5 years, Price to Sales stood at 19.06 in 2022, then jumped by 1077.24% to 224.43 in 2023, then tumbled by 90.24% to 21.9 in 2024, then increased by 19.0% to 26.06 in 2025, then sank by 32.87% to 17.49 in 2026.
- Per Business Quant data, the three most recent Price to Sales figures were 17.49 in Q2 2026, 22.44 in Q1 2026, and 26.06 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 | 17.49 |
| Mar 31, 2026 | 22.44 |
| Dec 31, 2025 | 26.06 |
| Sep 30, 2025 | 25.88 |
| Jun 30, 2025 | 24.43 |
| Mar 31, 2025 | 20.77 |
| Dec 31, 2024 | 21.90 |
| Sep 30, 2024 | 22.07 |
| Jun 30, 2024 | 19.37 |
| Mar 31, 2024 | 21.71 |
| Dec 31, 2023 | 224.43 |
| Sep 30, 2023 | 16.45 |
| Jun 30, 2023 | 17.09 |
| Mar 31, 2023 | 17.47 |
| Dec 31, 2022 | 19.06 |
| Sep 30, 2022 | 17.88 |
| Jun 30, 2022 | 16.12 |
| Mar 31, 2022 | 19.16 |
| Dec 31, 2021 | 23.86 |
| Sep 30, 2021 | 23.78 |