Nasdaq Inc (NDAQ) — Free Cash Flow Generation Index
Latest as of December 2025:
0.86x
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). See Nasdaq Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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
Nasdaq Inc Free Cash Flow Generation Index (2000–2025)
Historical FCF Generation Index trend for Nasdaq Inc across 26 annual periods. Explore NDAQ operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Nasdaq Inc (2000–2025)
Year-by-year Free Cash Flow Generation Index for Nasdaq Inc. For the full company profile including market capitalisation, see NDAQ company net worth.
| 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).