Company / Goodwill
Nasdaq, Inc. Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$14.4B
FY2025
5-year range
$8.1B / $14.4B
FY2021-FY2025
Trend
+3.0%
vs FY2024
Sector context
#22 of 316
Financials
What the data says
Among 316 Financials companies, Nasdaq, Inc. is in the top 7% for goodwill. Goodwill has fluctuated over the past 10 years, ranging from $6.0B in FY2016 to $14.4B in FY2025.
Based on SEC 10-K filings.
$14.4B in FY2025 with a 5-year CAGR of +16.0%. Top quartile in the Financials sector.
Remained stable around $14.4B over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +21.1%
- 5-Year CAGR
- +16.0%
- 10-Year CAGR
- -
Sector benchmark
Top 7% in FinancialsTop 7% of 316This company $14.4B Sector average $3.2B
▼
+343.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +16.0%, indicating consistent growth.
- In FY2025, goodwill increased 3.0% year-over-year.
- Ranks #22 out of 316 companies in the Financials sector.
- Lowest goodwill in the period was in FY2016.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 1.03 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $14.4B | +3.0% |
| FY2024 | $14.0B | -1.1% |
| FY2023 | $14.1B | +74.2% |
| FY2022 | $8.1B | -4.0% |
| FY2021 | $8.4B | +23.1% |
| FY2020 | $6.8B | +7.6% |
| FY2019 | $6.4B | +0.0% |
| FY2018 | $6.4B | -3.4% |
| FY2017 | $6.6B | +9.3% |
| FY2016 | $6.0B | +11.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026