Nasdaq Inc (NDAQ) — Cash Flow Reinvestment Rate
Nasdaq Inc (NDAQ) has a Cash Flow Reinvestment Rate of 0.18x as of December 2025, reinvesting $115.00 Million (capex $89.00 Million plus investments $26.00 Million) from operating cash flow of $625.00 Million. See NDAQ free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Nasdaq Inc Cash Flow Reinvestment Rate (2000–2025)
Historical reinvestment intensity for Nasdaq Inc across 26 annual periods. For the full cash flow conversion analysis, see Nasdaq Inc operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for Nasdaq Inc (2000–2025)
Year-by-year capital reinvestment analysis for Nasdaq Inc. See Nasdaq Inc (NDAQ) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.20x | $450.00 Million | $2.25 Billion | $266.00 Million | ▼ -66.6% |
| 2024 | 0.60x | $1.16 Billion | $1.94 Billion | $207.00 Million | ▲ +319.3% |
| 2023 | 0.14x | $242.00 Million | $1.70 Billion | $158.00 Million | ▲ +58.1% |
| 2022 | 0.09x | $154.00 Million | $1.71 Billion | $152.00 Million | ▼ -49.6% |
| 2021 | 0.18x | $194.00 Million | $1.08 Billion | $163.00 Million | ▼ -31.8% |
| 2020 | 0.26x | $329.00 Million | $1.25 Billion | $188.00 Million | ▲ +66.5% |
| 2019 | 0.16x | $152.00 Million | $963.00 Million | $127.00 Million | ▼ -30.4% |
| 2018 | 0.23x | $233.00 Million | $1.03 Billion | $111.00 Million | ▲ +17.1% |
| 2017 | 0.19x | $176.00 Million | $909.00 Million | $144.00 Million | ▼ -26.8% |
| 2016 | 0.26x | $191.00 Million | $722.00 Million | $134.00 Million | ▼ -8.9% |
| 2015 | 0.29x | $199.00 Million | $685.00 Million | $133.00 Million | ▲ +37.6% |
| 2014 | 0.21x | $145.00 Million | $687.00 Million | $140.00 Million | ▼ -25.2% |
| 2013 | 0.28x | $162.00 Million | $574.00 Million | $115.00 Million | ▲ +6.1% |
| 2012 | 0.27x | $158.00 Million | $594.00 Million | $87.00 Million | ▲ +48.3% |
| 2011 | 0.18x | $120.00 Million | $669.00 Million | $88.00 Million | ▼ -49.4% |
| 2010 | 0.35x | $156.00 Million | $440.00 Million | $42.00 Million | ▲ +249.7% |
| 2009 | 0.10x | $59.00 Million | $582.00 Million | $59.00 Million | ▼ -24.5% |
| 2008 | 0.13x | $54.72 Million | $407.73 Million | $54.72 Million | ▲ +25.7% |
| 2007 | 0.11x | $18.49 Million | $173.24 Million | $18.49 Million | ▲ +2.0% |
| 2006 | 0.10x | $21.04 Million | $201.07 Million | $21.04 Million | ▼ -50.2% |
| 2005 | 0.21x | $25.40 Million | $120.90 Million | $25.40 Million | ▼ -5.5% |
| 2004 | 0.22x | $26.03 Million | $117.03 Million | $26.03 Million | ▼ -25.9% |
| 2003 | 0.30x | $31.59 Million | $105.27 Million | $31.59 Million | ▼ -44.8% |
| 2002 | 0.54x | $85.40 Million | $157.15 Million | $85.40 Million | ▼ -71.2% |
| 2001 | 1.88x | $122.56 Million | $65.03 Million | $122.56 Million | ▲ +145.8% |
| 2000 | 0.77x | $195.90 Million | $255.55 Million | $195.90 Million | — |