KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Return on Invested Capital (2016 - 2025)

Nasdaq's Return on Invested Capital history spans 16 years, with the latest figure at 0.09% for Q4 2025.

  • For Q4 2025, Return on Invested Capital rose 2.0% year-over-year to 0.09%; the TTM value through Dec 2025 reached 0.09%, up 2.0%, while the annual FY2025 figure was 0.1%, 3.0% up from the prior year.
  • Return on Invested Capital for Q4 2025 was 0.09% at Nasdaq, roughly flat from 0.09% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.25% in Q1 2023 and bottomed at 0.06% in Q4 2023.
  • The 5-year median for Return on Invested Capital is 0.13% (2021), against an average of 0.13%.
  • The largest annual shift saw Return on Invested Capital fell -19bps in 2021 before it rose 7bps in 2023.
  • A 5-year view of Return on Invested Capital shows it stood at 0.12% in 2021, then rose by 27bps to 0.16% in 2022, then crashed by -59bps to 0.06% in 2023, then rose by 6bps to 0.07% in 2024, then skyrocketed by 36bps to 0.09% in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's Return on Invested Capital are 0.09% (Q4 2025), 0.09% (Q3 2025), and 0.13% (Q2 2025).