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 .

NDAQ
Currently viewingTotal DebtSwitch metric
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 year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 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.
| Company | Total Debt | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $942.38B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $609.53B | Financial Services |
| Morgan Stanley (MS) | $475.56B | Financial Services |
| Wells Fargo & Company (WFC) | $425.72B | Financial Services |
| Bank of America Corporation (BAC) | $365.90B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $138.95B | Financial Services |
| Visa Inc. (V) | $25.17B | Financial Services |
| Mastercard Incorporated (MA) | $19.00B | Financial 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
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