NASDAQ, INC.NDAQ

Market cap

$57B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Operating segments	-	-	-	-	-	-	-	-	2,709	2,639	3,832	3,707	4,225	3,156	3,771
Other revenues	-	-	-	-	-	-	-	-	-	10	-	27	11	39	36
Total revenues	-	-	-	-	-	-	-	-	4,277	4,262	5,627	5,886	6,226	6,064	7,400
Transaction-based expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	2,169	2,751
Operating segments	-	-	-	-	-	-	827	881	958	912	1,108	1,241	1,684	1,099	1,020
Other revenues	-	-	-	-	-	-	-	-	56	10	-	27	11	39	36
Revenues less transaction-based expenses	1,522	1,690	1,663	1,895	2,067	2,090	2,277	2,428	2,526	2,535	2,903	3,420	3,582	3,895	4,649
Compensation and benefits	416	458	454	539	588	590	664	675	712	707	786	938	1,003	1,082	1,324
Professional Fees	78	90	96	151	157	148	153	156	144	127	137	144	140	128	152
Communications and Information Technology	58	65	60	82	92	107	111	125	127	133	151	186	207	233	281
Occupancy	88	91	93	98	110	85	86	95	95	97	107	109	104	129	112
General, administrative and other	89	84	58	80	89	65	72	82	120	125	142	85	125	113	109
Marketing and advertising	20	24	26	30	32	28	30	31	37	39	39	57	51	47	54
Operating segments	-	-	-	-	-	-	87	95	95	74	78	111	59	39	43
Depreciation and amortization	103	109	104	122	137	138	170	188	210	190	202	278	258	323	613
Regulatory	-	-	-	-	-	-	-	-	-	-	-	-	-	34	55
Merger and strategic initiatives	-	-	-	22	81	10	76	44	21	30	33	87	82	148	35
Restructuring charges	-	-	44	9	-	172	41	-	-	39	48	31	15	80	116
Total operating expenses	891	994	973	1,207	1,313	1,370	1,438	1,429	1,498	1,518	1,669	1,979	2,018	2,317	2,851
Operating segments	-	-	-	-	-	-	450	481	544	516	687	800	916	971	1,134
Operating income	631	696	690	688	754	720	839	999	1,028	1,017	1,234	1,441	1,564	1,578	1,798
Interest income	9	11	10	9	6	4	5	7	10	10	4	1	7	115	28
Interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	414
Other income (loss)	-	-	-	-	-	-	-	-	-	-	-	-	2	-1	21
Income (Loss) from Equity Method Investments	2	2	-1	-2	-	17	2	15	18	84	70	52	31	-7	16
Income before income taxes	-	573	548	600	594	630	136	880	1,064	1,019	1,212	1,534	1,475	1,401	1,449
Income tax provision	-	190	199	216	181	203	28	146	606	245	279	347	352	344	334
Net income	389	383	349	384	413	427	108	734	-	-	-	-	1,123	1,057	1,115
Net loss attributable to noncontrolling interests	-6	-4	-3	-1	-1	-1	-	-	-	-	-	-	-2	-2	-2
Net income attributable to Nasdaq	395	387	352	385	414	428	108	734	458	774	933	1,187	1,125	1,059	1,117
Earnings Per Share, Basic	1.94	2.2	2.09	2.3	2.45	2.56	0.65	4.41	2.77	4.69	5.67	7.15	2.28	2.1	1.94
Earnings Per Share, Diluted	1.91	2.15	2.04	2.25	2.39	2.5	0.64	4.33	2.73	4.63	5.59	7.05	2.26	2.08	1.93
Common Stock, Dividends, Per Share, Declared	-	-	0.39	0.52	0.58	0.9	1.21	1.46	1.7	1.85	1.94	2.11	0.78	0.86	0.94