Nasdaq Inc Free Cash Flow Generation Index

Latest as of December 2025: 0.86x

Nasdaq Inc free cash flow generation index. Nasdaq Inc (NDAQ) has a Free Cash Flow Generation Index of 0.86x as of December 2025. Free cash flow of $536.00 Million represents 1% of operating cash flow ($625.00 Million).

FCF Generation Index

0.86x
Free Cash Flow / Operating CF

Free Cash Flow

$536.00 Million
USD

Operating Cash Flow

$625.00 Million
USD

Capital Expenditures

$89.00 Million
USD

Free Cash Flow Generation Index of Nasdaq Inc (2000–2025)

Free cash flow generation index of Nasdaq Inc from 2000 to 2025. Historical FCF Generation Index trend for Nasdaq Inc across 26 annual periods. See NDAQ financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Nasdaq Inc Free Cash Flow Generation Index by Year (2000–2025)

Nasdaq Inc free cash flow generation index by year from 2000 to 2025. Year-by-year Free Cash Flow Generation Index for Nasdaq Inc. For the full cash flow conversion analysis, see NDAQ operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.88x $1.99 Billion $2.25 Billion $266.00 Million ▼ -1.3%
2024 0.89x $1.73 Billion $1.94 Billion $207.00 Million ▼ -1.5%
2023 0.91x $1.54 Billion $1.70 Billion $158.00 Million ▼ -0.4%
2022 0.91x $1.55 Billion $1.71 Billion $152.00 Million ▲ +7.2%
2021 0.85x $920.00 Million $1.08 Billion $163.00 Million ▼ 0.0%
2020 0.85x $1.06 Billion $1.25 Billion $188.00 Million ▼ -2.1%
2019 0.87x $836.00 Million $963.00 Million $127.00 Million ▼ -2.7%
2018 0.89x $917.00 Million $1.03 Billion $111.00 Million ▲ +6.0%
2017 0.84x $765.00 Million $909.00 Million $144.00 Million ▲ +3.3%
2016 0.81x $588.00 Million $722.00 Million $134.00 Million ▲ +1.1%
2015 0.81x $552.00 Million $685.00 Million $133.00 Million ▲ +1.2%
2014 0.80x $547.00 Million $687.00 Million $140.00 Million ▼ -0.4%
2013 0.80x $459.00 Million $574.00 Million $115.00 Million ▼ -6.3%
2012 0.85x $507.00 Million $594.00 Million $87.00 Million ▼ -1.7%
2011 0.87x $581.00 Million $669.00 Million $88.00 Million ▼ -4.0%
2010 0.90x $398.00 Million $440.00 Million $42.00 Million ▲ +0.7%
2009 0.90x $523.00 Million $582.00 Million $59.00 Million ▲ +3.8%
2008 0.87x $353.01 Million $407.73 Million $54.72 Million ▼ -3.1%
2007 0.89x $154.75 Million $173.24 Million $18.49 Million ▼ -0.2%
2006 0.90x $180.04 Million $201.07 Million $21.04 Million ▲ +13.4%
2005 0.79x $95.50 Million $120.90 Million $25.40 Million ▲ +1.6%
2004 0.78x $91.00 Million $117.03 Million $26.03 Million ▲ +11.1%
2003 0.70x $73.67 Million $105.27 Million $31.59 Million ▲ +53.3%
2002 0.46x $71.75 Million $157.15 Million $85.40 Million ▲ +151.6%
2001 -0.88x $-57.52 Million $65.03 Million $122.56 Million ▼ -479.0%
2000 0.23x $59.65 Million $255.55 Million $195.90 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).