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Nasdaq, Inc. (NDAQ) Interest Coverage Ratio: 26.49x

The interest coverage ratio for Nasdaq, Inc. (NDAQ) is 26.49x as of Wednesday, June 17, 2026.

NDAQ Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

26.49x

NDAQ Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Nasdaq, Inc. (NDAQ)$47.10B26.49xN/AN/AN/A
State Street Corporation (STT)vs ›$47.79B0.43x0.40x0.83x178.01x
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs ›$45.08BN/AN/AN/AN/A
Coinbase Global, Inc. (COIN)vs ›$44.45B16.81x22.71x22.71x50.31x
Ares Management Corporation (ARES)vs ›$44.30B2.30x1.63x1.22x1.43x
MSCI Inc. (MSCI)vs ›$44.27B8.16x8.20x7.72x7.21x
Discover Financial Services (DFS)vs ›$50.34B3.09x2.15x3.65x2.81x
Ameriprise Financial, Inc. (AMP)vs ›$42.39B14.82x14.39x15.15x15.34x
American International Group, Inc. (AIG)vs ›$39.88B9.80x9.09x7.49x8.04x
PayPal Holdings, Inc. (PYPL)vs ›$38.93B13.75x13.84x13.70x14.82x

Financial Health Indicators

Interest Coverage

26.5x

Debt/Equity

0.81

Current Ratio

1.01

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Nasdaq, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Nasdaq, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for Nasdaq, Inc. (NDAQ)?
The interest coverage ratio for NDAQ stock is 26.49x.

About Nasdaq, Inc.

Nasdaq, Inc., a technology powerhouse founded in 1971 and based in New York City, is dedicated to supporting capital markets and various other sectors worldwide. Its Market Technology division specializes in fighting financial crime, offering products like Nasdaq Trade Surveillance, a SaaS solution that assists brokers and market participants in meeting compliance requirements and internal surveillance policies. This segment also provides Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool, and Verafin, a SaaS provider for anti-financial crime management. Furthermore, this division handles a wide array of assets, including cash equities, equity derivatives, global currencies, interest-bearing securities, commodities, energy resources, and digital currencies. The Investment Intelligence segment is responsible for distributing both historical and live market data, creating and licensing Nasdaq-branded financial indexes and products, and delivering valuable investment insights and workflow solutions. Through its Corporate Platforms, Nasdaq manages operational listing venues and furnishes specialized intelligence for investor relations, alongside comprehensive governance services. The Market Services segment covers a broad spectrum of operations, including the trading and clearing of equity derivatives, cash equities, fixed income, and commodities, in addition to providing trade management services. This division operates numerous exchanges and marketplace facilities that accommodate diverse asset classes such as derivatives, commodities, cash equity, debt, structured products, and exchange-traded products, while also offering crucial broker, clearing, settlement, and central depository functionalities. As of December 31, 2021, The Nasdaq Stock Market proudly listed 4,178 companies, specifically 1,632 on The Nasdaq Global Select Market, 1,169 on The Nasdaq Global Market, and 1,377 on The Nasdaq Capital Market. The company adopted its current name, Nasdaq, Inc., in September 2015, having previously been known as The NASDAQ OMX Group, Inc.

New York City, NY
9,377 employees
Financial Services / Financial - Data & Stock Exchanges
Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
CEO
Adena T. Friedman