NasdaqMEX:NDAQ 83 Net Margin % is 24.29% as of Mar. 2026, which is 37% above its 10-year median of 17.77. GuruFocus rates MEX:NDAQ with a GF Score™ of 83/100 and a GF Value™ of MXN1,363.99 (Fairly Valued). The stock has 3 warning signs investors should review. Among 774 Capital Markets companies, Nasdaq ranks better than 60.47% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Nasdaq's Net Income for the
three
months ended in Mar. 2026 was MXN9,359 Mil. Nasdaq's Revenue for the
three
months ended in Mar. 2026 was MXN38,536 Mil. Therefore, Nasdaq's net margin for the quarter that ended in Mar. 2026 was 24.29%.
The historical rank and industry rank for Nasdaq's Net Margin % or its related term are showing as below:
MEX:NDAQ'
s Net Margin % Range Over the Past 10 Years
Min: 2.86 Med: 17.77 Max: 23.01
Current: 23.01
MEX:NDAQ's Net Margin % is ranked better than 60.47% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs MEX:NDAQ: 23.01
Nasdaq (MEX:NDAQ) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Nasdaq Net Margin % Related Terms
Nasdaq Net Margin % Historical Data
* Premium members only.
The historical data trend for Nasdaq's Net Margin % 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.
MEX:NDAQ vs COIN, MSCI, CBOE: Net Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Nasdaq's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nasdaq's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nasdaq's Net Margin % falls into.
* 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 (MEX:NDAQ) has a Net Margin % of 24.29% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nasdaq and its competitors. This is 37% above median its historical median of 17.77. Over the past decade, Nasdaq's Net Margin % has ranged from 2.86 to 23.01. According to the industry distribution chart, Nasdaq ranks #306 out of 774 companies in the Capital Markets industry, placing it in the top 39.5%.
Is Nasdaq's Net Margin % too high?
Nasdaq's current Net Margin % of 24.29% is 37% above median its 10-year median of 17.77. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 23.01. The Capital Markets industry median Net Margin % is 14.31. Nasdaq's value of 24.29% is 69.8% above this industry median. Based on the distribution chart, Nasdaq ranks #306 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Nasdaq has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nasdaq's Net Margin % compare to COIN and MSCI?
According to the Capital Markets industry distribution chart, Nasdaq ranks #306 out of 774 companies for Net Margin %. This puts Nasdaq in the upper half of its industry. The industry median Net Margin % is 14.31. Nasdaq's value of 24.29% is 69.8% above this benchmark. Historically, Nasdaq's own Net Margin % has ranged from 2.86 to 23.01 over the past decade. While the company's 10-year median is 17.77 vs. the industry median of 14.31, Nasdaq has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nasdaq's current Net Margin % of 24.29% is 69.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Nasdaq and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nasdaq's current Net Margin % is 24.29%, which is 37% above median its own 10-year median of 17.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasdaq stock overvalued right now?
Based on GuruFocus' analysis, Nasdaq (MEX:NDAQ) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,363.99, compared to a current price of MXN1,452.00 — trading 6.5% above its estimated fair value. The current Net Margin % is 24.29%, which is 37% above median its 10-year median of 17.77 and 69.8% above the Capital Markets industry median of 14.31. Nasdaq's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Nasdaq (MEX:NDAQ), the current Net Margin % is 24.29% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nasdaq (MEX:NDAQ) Overvalued in 2026?
Based on GuruFocus' analysis, Nasdaq stock appears to be overvalued.
The current stock price of MXN1,452.00 is trading 6.5% above its estimated GF Value™ of MXN1,363.99.
GuruFocus considers Nasdaq to be Fairly Valued.
Key valuation signals for MEX:NDAQ:
Net Margin %: 24.29% (37% above median its 10-year median of 17.77)
GF Value™: MXN1,363.99 vs. price of MXN1,452.00 (6.5% above fair value)
Industry Position: 69.8% above the Capital Markets median (#306 of 774)
No single metric tells the full story. See the MEX:NDAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 it seeks to become a diversified technology company.
83GF Score
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