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Total Debt for Nasdaq (NDAQ)

According to Nasdaq's latest reported financial statements, the company's latest reported total debt is $9.45B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Nasdaq, Inc. logo
Nasdaq

NDAQ

Latest period

$9.45B

YoY change

+0.6%

5Y CAGR

+10.9%

Peak year (2023)

$10.87B

Latest annual

$9.93B

Total Debt history chart for Nasdaq (NDAQ) from 1998 to 2025

Total Debt history table for Nasdaq (NDAQ) from 1998 to 2025

Fiscal yearPeriod endedReportedTotal DebtYoY
2025$9.93B+0.6%
2024$9.87B-9.2%
2023$10.87B+85.8%
2022$5.85B-5.9%
2021$6.22B+4.8%
2020$5.93B+59.5%
2019$3.72B-2.9%
2018$3.83B-8.9%
2017$4.21B+16.8%
2016$3.60B+52.4%
2015$2.36B+2.9%
2014$2.30B-12.8%
2013$2.63B+33.3%
2012$1.98B-6.7%
2011$2.12B-8.8%
2010$2.32B+10.9%
2009$2.09B-17.1%
2008$2.52B+2031.1%
2007$118.44M-92.1%
2006$1.50B+26.1%
2005$1.19B+350.0%
2004$265.00M-0.6%
2003$266.61M-41.2%
2002$453.15M+48.5%
2001$305.13M+470.6%
2000$53.48M
1999$0
1998$0

Total Debt values are taken from Nasdaq's reported balance sheets (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

Nasdaq (NDAQ) most recent annual total debt stands at $9.93B (2025) – edged up 0.6% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Nasdaq total debt compounded at +10.9% per year, with the latest reading among the more recent periods of the dataset.

$10.87B stands as the all-time-high annual total debt, posted in 2023, against a low of $0 during 1998.

Among 8 Financial Services peers, Nasdaq (NDAQ) ranks 9th; the peer median for total debt is $395.81B.

Nasdaq Total Debt by Year

Nasdaq Total Debt 2025: $9.93B

Nasdaq total debt in 2025 was $9.93B, edged up 0.6% from 2024.

Nasdaq Total Debt 2024: $9.87B

Nasdaq total debt in 2024 was $9.87B, declined 9.2% below 2023.

Nasdaq Total Debt 2023: $10.87B

Nasdaq total debt in 2023 was $10.87B, surged 85.8% from 2022. This figure represents the highest annual value in the available history.

Nasdaq Total Debt 2022: $5.85B

Nasdaq total debt in 2022 was $5.85B, declined 5.9% below 2021.

Nasdaq Total Debt 2021: $6.22B

Nasdaq total debt in 2021 was $6.22B.

See more financial history for Nasdaq (NDAQ).

Sector peers — Total Debt

Companies in the same sector as Nasdaq, ranked by their latest total debt.

CompanyTotal DebtSector
JPMorgan Chase & Co. (JPM)$942.38BFinancial Services
The Goldman Sachs Group, Inc. (GS)$609.53BFinancial Services
Morgan Stanley (MS)$475.56BFinancial Services
Wells Fargo & Company (WFC)$425.72BFinancial Services
Bank of America Corporation (BAC)$365.90BFinancial Services
Berkshire Hathaway Inc. (BRK-B)$138.95BFinancial Services
Visa Inc. (V)$25.17BFinancial Services
Mastercard Incorporated (MA)$19.00BFinancial Services

Frequently asked questions

What is Nasdaq's total debt?

Latest reported total debt for Nasdaq (NDAQ) is $9.45B (period ending March 31, 2026).

How has Nasdaq total debt changed year-over-year?

Nasdaq (NDAQ) total debt changed +0.6% year-over-year on the latest annual filing.

What is the long-term growth rate of Nasdaq total debt?

Nasdaq (NDAQ) total debt compound annual growth rate is +10.9% over the most recent 5 years available.

When did Nasdaq total debt hit its highest annual value?

Nasdaq total debt reached its highest annual value of $10.87B in 2023.

What was Nasdaq total debt in 2024?

Nasdaq (NDAQ) total debt in 2024 was $9.87B.

What was Nasdaq total debt in 2025?

Nasdaq (NDAQ) total debt in 2025 was $9.93B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.