Nasdaq Inc (NDAQ) — 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). Check NDAQ strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nasdaq Inc Financial Flexibility Index (2000–2025)
Historical Financial Flexibility Index trend for Nasdaq Inc across 26 annual periods. See Nasdaq Inc (NDAQ) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Nasdaq Inc (2000–2025)
Year-by-year free cash flow to debt coverage for Nasdaq Inc. For the full company profile including market capitalisation, see NDAQ stock market capitalisation.
| 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 | — |