Nasdaq Inc (NDAQ) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.18x

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. Check NDAQ cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.18x
(Capex + Investments) / Operating CF

Total Reinvested

$115.00 Million
Capex + Investments

Operating Cash Flow

$625.00 Million
USD

Capital Expenditures

$89.00 Million
USD

Nasdaq Inc Cash Flow Reinvestment Rate (2000–2025)

Historical reinvestment intensity for Nasdaq Inc across 26 annual periods. Explore long-term investment intensity of Nasdaq Inc to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Nasdaq Inc (2000–2025)

Year-by-year capital reinvestment analysis for Nasdaq Inc. For live market cap and broader valuation context, see Nasdaq Inc (NDAQ) total market value.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow