Nasdaq Inc Financial Flexibility Index
Nasdaq Inc financial flexibility index. Nasdaq Inc (NDAQ) has a Financial Flexibility Index of 0.04x as of December 2025. Free cash flow of $714.00 Million (operating CF $625.00 Million minus capex $89.00 Million) represents 0% of total liabilities ($18.82 Billion). See how much free cash does Nasdaq Inc generate to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Nasdaq Inc (2000–2025)
Financial flexibility index of Nasdaq Inc from 2000 to 2025. Historical Financial Flexibility Index trend for Nasdaq Inc across 26 annual periods. Check Nasdaq Inc (NDAQ) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Nasdaq Inc Financial Flexibility Index by Year (2000–2025)
Nasdaq Inc financial flexibility index by year from 2000 to 2025. Year-by-year free cash flow to debt coverage for Nasdaq Inc. For the full cash flow conversion analysis, see Nasdaq Inc cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.13x | $2.52 Billion | $2.25 Billion | $18.82 Billion | ▲ +19.8% |
| 2024 | 0.11x | $2.15 Billion | $1.94 Billion | $19.20 Billion | ▲ +29.5% |
| 2023 | 0.09x | $1.85 Billion | $1.70 Billion | $21.47 Billion | ▼ -31.7% |
| 2022 | 0.13x | $1.86 Billion | $1.71 Billion | $14.70 Billion | ▲ +39.0% |
| 2021 | 0.09x | $1.25 Billion | $1.08 Billion | $13.71 Billion | ▼ -27.1% |
| 2020 | 0.12x | $1.44 Billion | $1.25 Billion | $11.54 Billion | ▼ -5.2% |
| 2019 | 0.13x | $1.09 Billion | $963.00 Million | $8.29 Billion | ▲ +18.4% |
| 2018 | 0.11x | $1.14 Billion | $1.03 Billion | $10.25 Billion | ▲ +4.5% |
| 2017 | 0.11x | $1.05 Billion | $909.00 Million | $9.90 Billion | ▲ +8.4% |
| 2016 | 0.10x | $856.00 Million | $722.00 Million | $8.72 Billion | ▼ -25.0% |
| 2015 | 0.13x | $818.00 Million | $685.00 Million | $6.25 Billion | ▼ -0.4% |
| 2014 | 0.13x | $827.00 Million | $687.00 Million | $6.29 Billion | ▲ +21.9% |
| 2013 | 0.11x | $689.00 Million | $574.00 Million | $6.39 Billion | ▼ -37.9% |
| 2012 | 0.17x | $681.00 Million | $594.00 Million | $3.92 Billion | ▲ +108.8% |
| 2011 | 0.08x | $757.00 Million | $669.00 Million | $9.11 Billion | ▲ +98.0% |
| 2010 | 0.04x | $482.00 Million | $440.00 Million | $11.48 Billion | ▼ -62.1% |
| 2009 | 0.11x | $641.00 Million | $582.00 Million | $5.78 Billion | ▲ +102.4% |
| 2008 | 0.05x | $462.44 Million | $407.73 Million | $8.44 Billion | ▼ -78.0% |
| 2007 | 0.25x | $191.72 Million | $173.24 Million | $771.11 Million | ▲ +152.9% |
| 2006 | 0.10x | $222.11 Million | $201.07 Million | $2.26 Billion | ▲ +20.5% |
| 2005 | 0.08x | $146.31 Million | $120.90 Million | $1.79 Billion | ▼ -62.4% |
| 2004 | 0.22x | $143.05 Million | $117.03 Million | $658.26 Million | ▲ +9.7% |
| 2003 | 0.20x | $136.86 Million | $105.27 Million | $690.56 Million | ▼ -25.5% |
| 2002 | 0.27x | $242.54 Million | $157.15 Million | $911.52 Million | ▲ +13.8% |
| 2001 | 0.23x | $187.59 Million | $65.03 Million | $802.49 Million | ▼ -73.9% |
| 2000 | 0.90x | $451.45 Million | $255.55 Million | $503.70 Million | — |