Nasdaq, Inc. (NDAQ) Return on equity 2016–2025
Nasdaq, Inc. (NDAQ) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
14.6%FY2025 · since FY2016: 2.0% → 14.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 14.6% | +4.6 pp |
| FY2024 | 10.0% | +0.2 pp |
| FY2023 | 9.8% | -8.5 pp |
| FY2022 | 18.3% | -0.3 pp |
| FY2021 | 18.6% | +4.1 pp |
| FY2020 | 14.5% | +0.8 pp |
| FY2019 | 13.7% | +5.3 pp |
| FY2018 | 8.4% | -4.0 pp |
| FY2017 | 12.4% | +10.4 pp |
| FY2016 | 2.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More NDAQ financial trends
NDAQ RevenueNDAQ Net incomeNDAQ Net marginNDAQ Gross profitNDAQ Gross marginNDAQ Operating incomeNDAQ Operating marginNDAQ Operating cash flowNDAQ Free cash flowNDAQ Capital expendituresNDAQ Stock buybacksNDAQ Dividends paidNDAQ Total assetsNDAQ Total liabilitiesNDAQ Shareholders’ equityNDAQ overview →