Nasdaq (NDAQ) Return on Capital Employed (2010 - 2026)

Nasdaq has disclosed Return on Capital Employed across 17 years of filings, most recently posting 9.84% for Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 9.84%, up 126.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.84% (up 126.0% YoY), and the FY2025 annual result was 10.24%, up 257.0% from the prior year.
• Return on Capital Employed came in at 9.84% for Q1 2026 at Nasdaq, down from 10.18% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 14.0% in Q2 2022 to a low of 5.35% in Q1 2024.
• The 5-year median for Return on Capital Employed is 9.72% (2025), against an average of 9.63%.
• Across the five-year window, Return on Capital Employed plunged 761 bps in 2024 and surged 377 bps in 2025, its largest moves.
• Nasdaq's Return on Capital Employed stood at 11.97% in 2022, then tumbled by 45 bps to 6.63% in 2023, then gained by 20 bps to 7.96% in 2024, then increased by 28 bps to 10.18% in 2025, then fell by 3 bps to 9.84% in 2026.
• The last three Return on Capital Employed figures came in at 9.84% (Q1 2026), 10.18% (Q4 2025), and 9.72% (Q3 2025), per Business Quant data.