EBITDA for Nasdaq (NDAQ)
According to Nasdaq's latest reported financial statements, the company's current EBITDA (TTM) is $3.11B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NDAQ
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$3.11B
YoY change
+27.1%
5Y CAGR
+15.7%
Peak year (2025)
$3.13B
Cumulative EBITDA
$25.16B
EBITDA history chart for Nasdaq (NDAQ) from 1998 to 2025
EBITDA history table for Nasdaq (NDAQ) from 1998 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $3.13B | +27.1% | ||
| 2024 | $2.46B | +23.2% | ||
| 2023 | $2.00B | +7.7% | ||
| 2022 | $1.85B | -3.8% | ||
| 2021 | $1.93B | +27.9% | ||
| 2020 | $1.51B | +13.8% | ||
| 2019 | $1.32B | -6.4% | ||
| 2018 | $1.41B | +18.3% | ||
| 2017 | $1.20B | +176.6% | ||
| 2016 | $432.00M | -50.6% | ||
| 2015 | $874.00M | +3.9% | ||
| 2014 | $841.00M | +2.2% | ||
| 2013 | $823.00M | +9.9% | ||
| 2012 | $749.00M | -6.5% | ||
| 2011 | $801.00M | +9.6% | ||
| 2010 | $731.00M | +22.4% | ||
| 2009 | $597.00M | -15.1% | ||
| 2008 | $703.00M | +73.8% | ||
| 2007 | $404.55M | +41.9% | ||
| 2006 | $285.00M | +56.6% | ||
| 2005 | $182.01M | +115.3% | ||
| 2004 | $84.52M | +158.7% | ||
| 2003 | $32.67M | -83.9% | ||
| 2002 | $203.50M | +26.1% | ||
| 2001 | $161.41M | -38.3% | ||
| 2000 | $261.67M | +94.5% | ||
| 1999 | $134.51M | +150.7% | ||
| 1998 | $53.66M | — |
EBITDA values are taken from Nasdaq's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Nasdaq (NDAQ) EBITDA totalled $3.13B – grew 27.1% year-over-year.
Nasdaq EBITDA compound annual growth for the 2020–2025 (5 years) window is +15.7%, sustaining 3 straight years of year-over-year growth.
2025 marks the peak EBITDA at $3.13B, with the historical low of $32.67M recorded in 2003.
Nasdaq (NDAQ) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $27.98B.
Nasdaq EBITDA by Year
Nasdaq EBITDA 2025: $3.13B
Nasdaq EBITDA in 2025 was $3.13B, grew 27.1% from 2024. This figure represents the highest annual value in the available history.
Nasdaq EBITDA 2024: $2.46B
Nasdaq EBITDA in 2024 was $2.46B, grew 23.2% from 2023.
Nasdaq EBITDA 2023: $2.00B
Nasdaq EBITDA in 2023 was $2.00B, grew 7.7% from 2022.
Nasdaq EBITDA 2022: $1.85B
Nasdaq EBITDA in 2022 was $1.85B, edged down 3.8% below 2021.
Nasdaq EBITDA 2021: $1.93B
Nasdaq EBITDA in 2021 was $1.93B.
See more financial history for Nasdaq (NDAQ).
Sector peers — EBITDA
Companies in the same sector as Nasdaq, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Nasdaq's EBITDA?
- Latest reported EBITDA for Nasdaq (NDAQ) is $3.11B (period ending March 31, 2026).
How has Nasdaq EBITDA changed year-over-year?
- Nasdaq (NDAQ) EBITDA changed +27.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Nasdaq EBITDA?
- Nasdaq (NDAQ) EBITDA compound annual growth rate is +15.7% over the most recent 5 years available.
When did Nasdaq EBITDA hit its highest annual value?
- Nasdaq EBITDA reached its highest annual value of $3.13B in 2025.
What was Nasdaq EBITDA in 2024?
- Nasdaq (NDAQ) EBITDA in 2024 was $2.46B.
What was Nasdaq EBITDA in 2025?
- Nasdaq (NDAQ) EBITDA in 2025 was $3.13B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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