Nasdaq Inc (NDAQ) — Capital Reinvestment Ratio
Nasdaq Inc (NDAQ) has a Capital Reinvestment Ratio of 0.14x as of December 2025, meaning it reinvests 0% of its operating cash flow ($625.00 Million) in capital expenditures ($89.00 Million). See Nasdaq Inc (NDAQ) balance sheet quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Nasdaq Inc Capital Reinvestment Ratio (2000–2025)
This chart tracks Nasdaq Inc's Capital Reinvestment Ratio across 26 annual periods. Check NDAQ capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Nasdaq Inc (2000–2025)
Year-by-year Capital Reinvestment Ratio for Nasdaq Inc from 2000 to 2025. For live market cap and broader valuation context, see Nasdaq Inc market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $2.25 Billion | $266.00 Million | ▲ +10.5% |
| 2024 | 0.11x | $1.94 Billion | $207.00 Million | ▲ +14.6% |
| 2023 | 0.09x | $1.70 Billion | $158.00 Million | ▲ +4.6% |
| 2022 | 0.09x | $1.71 Billion | $152.00 Million | ▼ -40.8% |
| 2021 | 0.15x | $1.08 Billion | $163.00 Million | ▲ +0.2% |
| 2020 | 0.15x | $1.25 Billion | $188.00 Million | ▲ +13.9% |
| 2019 | 0.13x | $963.00 Million | $127.00 Million | ▲ +22.1% |
| 2018 | 0.11x | $1.03 Billion | $111.00 Million | ▼ -31.8% |
| 2017 | 0.16x | $909.00 Million | $144.00 Million | ▼ -14.6% |
| 2016 | 0.19x | $722.00 Million | $134.00 Million | ▼ -4.4% |
| 2015 | 0.19x | $685.00 Million | $133.00 Million | ▼ -4.7% |
| 2014 | 0.20x | $687.00 Million | $140.00 Million | ▲ +1.7% |
| 2013 | 0.20x | $574.00 Million | $115.00 Million | ▲ +36.8% |
| 2012 | 0.15x | $594.00 Million | $87.00 Million | ▲ +11.3% |
| 2011 | 0.13x | $669.00 Million | $88.00 Million | ▲ +37.8% |
| 2010 | 0.10x | $440.00 Million | $42.00 Million | ▼ -5.8% |
| 2009 | 0.10x | $582.00 Million | $59.00 Million | ▼ -24.5% |
| 2008 | 0.13x | $407.73 Million | $54.72 Million | ▲ +25.7% |
| 2007 | 0.11x | $173.24 Million | $18.49 Million | ▲ +2.0% |
| 2006 | 0.10x | $201.07 Million | $21.04 Million | ▼ -50.2% |
| 2005 | 0.21x | $120.90 Million | $25.40 Million | ▼ -5.5% |
| 2004 | 0.22x | $117.03 Million | $26.03 Million | ▼ -25.9% |
| 2003 | 0.30x | $105.27 Million | $31.59 Million | ▼ -44.8% |
| 2002 | 0.54x | $157.15 Million | $85.40 Million | ▼ -71.2% |
| 2001 | 1.88x | $65.03 Million | $122.56 Million | ▲ +145.8% |
| 2000 | 0.77x | $255.55 Million | $195.90 Million | — |