Top line decelerating.
+11.1% YoY versus +22.0% prior. 3y CAGR +9.7%.
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Financial Services · Market Cap: $50.3B
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Fundamentals as of 2026-03-31
All analysis on this page is for educational purposes only and does not constitute financial advice. Fair values are model-based estimates. Always do your own research.
The Question
+11.1% YoY versus +22.0% prior. 3y CAGR +9.7%.
+11.1%Net margin 21.8% versus 15.1% prior (+6.7pp). Operating 28.4%.
21.8%P/E 26.3x — 6% below the 5y median of 28.0x. Forward 22.1x hints at EPS expansion next year.
26.3xYes — Nasdaq, Inc.'s 15.9% ROE ranks above the S&P 500 median, and D/E 1.27 stays within healthy bounds.
Financial story
Yes — Nasdaq, Inc.'s 15.9% ROE shows strong capital efficiency, and its 1.27 debt-to-equity stays within healthy bounds.
Bottom line: NDAQ currently has no legendary investor models qualifying — see /stock/NDAQ/valuation for the per-model breakdown, but earns a C sector grade (53/100) in Financial Services. Use the per-tab analysis to form your own view. Drill into the valuation breakdown and sector ranking for the full picture.
Investor verdicts for NDAQ are listed in the valuation tab. Per-model fair value and reasoning are in the valuation tab.
NDAQ's P/E ratio is 27.1x. 5-year P/E history is in the financials tab.
Investor verdicts vary by methodology. Full breakdown by investor and signal is in the valuation tab.
NDAQ's earnings calendar and history are tracked in the financials tab. Specific dates depend on company-published guidance.
NDAQ is in the Financial Services sector. Sector ranking and peer comparison are in the sector tab.
0 of 6 legendary investor models rate NDAQ a BUY. Fair value estimates and full investor breakdown are in the valuation tab
How does NDAQ compare?
See exactly where NDAQ ranks
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Sign in to see the rankingNDAQ sits at #60 in Financial Services with a C grade (53/100).