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NDAQ (Nasdaq) Market Cap : $51,143 Mil (As of Jun. 30, 2025)


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What is Nasdaq Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nasdaq's share price for the quarter that ended in Mar. 2025 was $75.86. Nasdaq's Shares Outstanding (EOP) for the quarter that ended in Mar. 2025 was 574 Mil. Therefore, Nasdaq's market cap for the quarter that ended in Mar. 2025 was $43,539 Mil.

Nasdaq's quarterly market cap increased from Sep. 2024 ($41,962 Mil) to Dec. 2024 ($44,458 Mil) but then declined from Dec. 2024 ($44,458 Mil) to Mar. 2025 ($43,539 Mil).

Nasdaq's annual market cap increased from Dec. 2022 ($30,159 Mil) to Dec. 2023 ($33,440 Mil) and increased from Dec. 2023 ($33,440 Mil) to Dec. 2024 ($44,458 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nasdaq's Enterprise Value for Today is $58,317 Mil.


Nasdaq Market Cap Historical Data

The historical data trend for Nasdaq's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nasdaq Market Cap Chart

Nasdaq Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,893.29 35,004.40 30,159.17 33,439.74 44,458.04

Nasdaq Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36,330.39 34,713.62 41,961.91 44,458.04 43,539.09

Competitive Comparison of Nasdaq's Market Cap

For the Financial Data & Stock Exchanges subindustry, Nasdaq's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nasdaq's Market Cap Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nasdaq's Market Cap distribution charts can be found below:

* The bar in red indicates where Nasdaq's Market Cap falls into.


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Nasdaq Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Nasdaq's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as

Market Cap (A: Dec. 2024 )=Share Price (A: Dec. 2024 )*Shares Outstanding (EOP) (A: Dec. 2024 )
=$77.31*575.062
=$44,458

Nasdaq's Market Cap for the quarter that ended in Mar. 2025 is calculated as

Market Cap (Q: Mar. 2025 )=Share Price (Q: Mar. 2025 )*Shares Outstanding (EOP) (Q: Mar. 2025 )
=$75.86*573.940
=$43,539

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nasdaq  (NAS:NDAQ) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Nasdaq Market Cap Related Terms

Thank you for viewing the detailed overview of Nasdaq's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Nasdaq Business Description

Address
151 W. 42nd Street, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as the firm seeks to become a diversified technology company.
Executives
Pc Nelson Griggs officer: Executive Vice President ONE LIBERTY PLAZA, NEW YORK NY 10006
Jeremy Skule officer: Executive Vice President ONE LIBERTY PLAZA, NEW YORK MD 20850
Bryan Everard Smith officer: Executive Vice President 151 W. 42ND STREET, NEW YORK NY 10036
Bradley J Peterson officer: Executive Vice President ONE LIBERTY PLAZA, NEW YORK NY 10006
Tal Cohen officer: Executive Vice President 151 W. 42ND STREET, NEW YORK NY 10036
Alfred W Zollar director C/O LOTUS SOFTWARE, ONE ROGER STREET, CAMBRIDGE MA 02142
John Zecca officer: Executive Vice President 151 W. 42ND STREET, NEW YORK NY 10036
Adenza Parent, Lp director, 10 percent owner ONE MARKET PLAZA, SPEAR TOWER, SUITE 2400, SAN FRANCISCO CA 94150
Borse Dubai Ltd 10 percent owner LEVEL 7, PRECINCT BLDG 5, GATE DISTRICT, PO BOX 506690, DUBAI INTL FINANCIAL CTR, DUBAI C0 00000
Spaht Paul Holden Jr. director 600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111
Thoma Bravo Ugp, Llc director, 10 percent owner 110 N. WACKER DRIVE, 32ND FLOOR, CHICAGO IL 60606
Ann M Dennison officer: Controller and Prin Acctg Ofcr ONE LIBERTY PLAZA, NEW YORK NY 10006
Johan Torgeby director 151 W. 42ND STREET, NEW YORK NY 10036
Jeffery W Yabuki director 255 FISERV DRIVE, BROOKFIELD WI 53045
Adena T Friedman officer: Executive Vice President 1801 K STREET, N.W., WASHINGTON DC 20006