Nasdaq Inc (NDAQ) — Cash Flow Quality Index
Nasdaq Inc (NDAQ) has a Cash Flow Quality Index of 1.21x as of December 2025. Operating cash flow of $625.00 Million exceeds net income of $518.00 Million, indicating high earnings quality where cash backs reported profits. Explore NDAQ long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Nasdaq Inc Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for Nasdaq Inc across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Nasdaq Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Nasdaq Inc (2000–2025)
Year-by-year earnings quality comparison for Nasdaq Inc. For live market cap and the full company financial profile, see NDAQ market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.26x | $2.25 Billion | $1.79 Billion | ▼ -27.4% |
| 2024 | 1.74x | $1.94 Billion | $1.11 Billion | ▲ +8.4% |
| 2023 | 1.60x | $1.70 Billion | $1.06 Billion | ▲ +5.6% |
| 2022 | 1.52x | $1.71 Billion | $1.12 Billion | ▲ +66.5% |
| 2021 | 0.91x | $1.08 Billion | $1.19 Billion | ▼ -32.0% |
| 2020 | 1.34x | $1.25 Billion | $933.00 Million | ▲ +7.9% |
| 2019 | 1.24x | $963.00 Million | $774.00 Million | ▼ -44.6% |
| 2018 | 2.24x | $1.03 Billion | $458.00 Million | ▲ +81.2% |
| 2017 | 1.24x | $909.00 Million | $734.00 Million | ▼ -81.5% |
| 2016 | 6.69x | $722.00 Million | $108.00 Million | ▲ +316.7% |
| 2015 | 1.60x | $685.00 Million | $427.00 Million | ▼ -3.6% |
| 2014 | 1.66x | $687.00 Million | $413.00 Million | ▲ +11.3% |
| 2013 | 1.49x | $574.00 Million | $384.00 Million | ▼ -12.2% |
| 2012 | 1.70x | $594.00 Million | $349.00 Million | ▼ -2.6% |
| 2011 | 1.75x | $669.00 Million | $383.00 Million | ▲ +54.4% |
| 2010 | 1.13x | $440.00 Million | $389.00 Million | ▼ -48.9% |
| 2009 | 2.21x | $582.00 Million | $263.00 Million | ▲ +73.6% |
| 2008 | 1.27x | $407.73 Million | $319.88 Million | ▲ +281.4% |
| 2007 | 0.33x | $173.24 Million | $518.40 Million | ▼ -78.7% |
| 2006 | 1.57x | $201.07 Million | $127.89 Million | ▼ -19.8% |
| 2005 | 1.96x | $120.90 Million | $61.69 Million | ▼ -97.0% |
| 2004 | 64.87x | $117.03 Million | $1.80 Million | ▲ +1680.3% |
| 2002 | 3.64x | $157.15 Million | $43.13 Million | ▲ +126.7% |
| 2001 | 1.61x | $65.03 Million | $40.46 Million | ▼ -85.3% |
| 2000 | 10.97x | $255.55 Million | $23.31 Million | — |