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 total reinvestment intensity of Nasdaq Inc to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see Nasdaq Inc cash flow conversion.
Annual Financial Flexibility Index for Nasdaq Inc (2000–2025)
Year-by-year free cash flow to debt coverage for Nasdaq Inc. Explore NDAQ cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |