NDAQ Nasdaq Inc - 144A margins

Relative Growth: Rel. Growth: 83

Relative Strength: Rel. Strength: 63

Relative Valuation: Rel. Valuation: 45

Relative Profitability: Rel. Profitability: 90

Gross margin

64.2%

Operating margin

29.4%

EBITDA margin

39.3%

Net margin

22.5%

Currently, Nasdaq Inc - 144A has a gross margin of 64.2%, an operating margin of 29.4%, an EBITDA margin of 39.3%, and a net margin of 22.5%. The company's available margins all improved, with EBITDA margin showing the strongest expansion of 4.3 percentage points.

NDAQ margin history

Gross, operating, EBITDA and net margin trends

Nasdaq Inc - 144A's margins averaged 63.47% gross, 26.17% operating, 35.16% EBITDA, and 18.08% net over the last 3 years. Compared with their three-year averages, all four current margins are higher.

NDAQ margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by EBITDA margin with an increase of 4.3 percentage points.

Gross margin expansion

3.7pp

Operating margin expansion

3.8pp

EBITDA margin expansion

4.3pp

Net margin expansion

3.9pp

NDAQ Gross margin

Over the last 3 years, Nasdaq Inc - 144A recorded an average gross margin of 63.47%. The current gross margin stands at 64.2%, 0.7 percentage points above its three-year average. The highest gross margin for Nasdaq Inc - 144A was 66.1% in Mar 2024, while the lowest was 60.5% in Jun 2025.

NDAQ Operating margin

Nasdaq Inc - 144A's operating margin averaged 26.17% over the last 3 years. Compared with its three-year average, Nasdaq Inc - 144A's current operating margin is 29.4% and is 3.2 percentage points above its three-year average. Over the last 3 years, Nasdaq Inc - 144A's operating margin peaked at 29.4% in Jun 2026 and reached a low of 23.3% in Sep 2024.

NDAQ EBITDA margin

Nasdaq Inc - 144A's EBITDA margin averaged 35.16% during the last 3 years. As of the latest period, the current EBITDA margin for Nasdaq Inc - 144A is 39.3%, 4.1 percentage points above its three-year average. Over the last 3 years, Nasdaq Inc - 144A's EBITDA margin peaked at 40% in Mar 2026 and reached a low of 31.9% in Sep 2023.

NDAQ Net margin

Looking back over the last 3 years, Nasdaq Inc - 144A recorded an average net margin of 18.08%. Nasdaq Inc - 144A currently reports a net margin of 22.5%, 4.4 percentage points above its three-year average. The highest net margin for Nasdaq Inc - 144A was 23% in Mar 2026, while the lowest was 13.7% in Sep 2024.

NDAQ margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 64.2%, NDAQ is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 83.9%, Nasdaq Inc - 144A's gross margin is 23% lower.

NDAQ margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Nasdaq Inc - 144A's gross margin?

The current gross margin for NDAQ is 64.2% as of Jun 30, 2026.

What is Nasdaq Inc - 144A's operating margin?

As of Jun 30, 2026, NDAQ has an operating margin of 29.4%.

What is Nasdaq Inc - 144A's EBITDA margin?

For the period ending Jun 30, 2026, NDAQ recorded an EBITDA margin of 39.3%.

What is Nasdaq Inc - 144A's net margin?

The current net margin for NDAQ is 22.5% as of Jun 30, 2026.

What are the average margins of NDAQ?

Across the last 3 years, NDAQ averaged 63.5% gross, 26.2% operating, 35.2% EBITDA, and 18.1% net.

What are the highest historical margins of NDAQ?

Nasdaq Inc - 144A's highest recorded margins during the past 5 years were 66.1% gross in Mar 2024, 29.4% operating in Jun 2026, 40% EBITDA in Mar 2026, and 23% net in Mar 2026.

What are the lowest historical margins of NDAQ?

In the last 5 years, the lowest margins reported by NDAQ were 56.5% gross in Sep 2021, 23.3% operating in Sep 2024, 29.9% EBITDA in Dec 2022, and 13.7% net in Sep 2024.