Company / Operating Cash Flow
Nasdaq, Inc. Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$2.3B
FY2025
5-year range
$1.1B / $2.3B
FY2021-FY2025
Trend
+16.3%
vs FY2024
Sector context
#65 of 413
Financials
What the data says
Nasdaq, Inc.'s operating cash flow of $2.3B is higher than 84% of companies in the Financials sector (FY2025). Operating Cash Flow has increased for 4 consecutive years, from $1.1B in FY2021 to $2.3B in FY2025.
Based on SEC 10-K filings.
$2.3B in FY2025 with a 5-year CAGR of +12.5%. Top quartile in the Financials sector.
Improved from $1.7B to $2.3B over the past 2 years.
Financials sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- +21.7%
- 5-Year CAGR
- +12.5%
- 10-Year CAGR
- -
Sector benchmark
Top 16% in FinancialsTop 16% of 413This company $2.3B Sector average $636.4M
▼
+254.4% above sector average
Key checks
Key Insights
- Nasdaq, Inc.'s operating cash flow has grown for 4 consecutive years.
- 5-year CAGR of +12.5%, indicating consistent growth.
- In FY2025, operating cash flow increased 16.3% year-over-year.
- Ranks #65 out of 413 companies in the Financials sector.
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 | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.3B | +16.3% |
| FY2024 | $1.9B | +14.3% |
| FY2023 | $1.7B | +35.5% |
| FY2022 | $1.3B | +15.6% |
| FY2021 | $1.1B | -13.5% |
| FY2020 | $1.3B | +37.7% |
| FY2019 | $909.0M | -11.6% |
| FY2018 | $1.0B | +13.1% |
| FY2017 | $909.0M | +17.1% |
| FY2016 | $776.0M | +35.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026