Nasdaq, Inc. Common Stock (NDAQ) scored on five pillars from its reported financial statements, and ranked against 261 Financials companies.
Nasdaq, Inc. Common Stock (NDAQ) scores 7.1 out of 10 as of , computed from its reported financial statements. That reads as high quality. The reading rests on efficiency, and predictability is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
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Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
On the filings behind it, Nasdaq, Inc. Common Stock earns 7.1 out of 10 for business quality as of October 16, 2026. That is high quality on our scale. A high reading means most of the pillars are strong, with no serious weakness pulling the average down. The figure is a weighted average of five pillars, each scored from 0 to 10 against sector-aware benchmarks from reported statements.
Ranked with the 261 Financials companies Lemma publishes, the score sits at the 85th percentile, inside the top quarter of the group. A typical company in the group scores 5.9, and the best quarter starts from 6.8. Nasdaq, Inc. Common Stock is above that typical reading.
Profitability scores 7.8 out of 10, which reads as strong. The median across 255 Financials companies is 6.8, so Nasdaq, Inc. Common Stock is above its peers on this pillar and ranks at the 77th percentile. High profitability means each unit of capital and of sales is turning into more profit than at most of its peers, which is usually the first sign of pricing power or a cost advantage.
On solvency, Nasdaq, Inc. Common Stock scores 6.7, an average reading. Its peers have a median of 8.5 across 140 Financials companies, which places it well below them, at the 25th percentile. Leverage in the middle of the range is rarely a problem in good years, and it is worth watching how quickly it would tighten in a weak one.
Growth scores 6.3 out of 10, which reads as average. The median across 241 Financials companies is 4.6, so Nasdaq, Inc. Common Stock is well above its peers on this pillar and ranks at the 73rd percentile. Average growth reflects a business expanding at roughly the pace of its sector, without a clear acceleration or decline.
On efficiency, Nasdaq, Inc. Common Stock scores 8.8, a strong reading. Its peers have a median of 5.8 across 211 Financials companies, which places it well above them, at the 77th percentile. A strong efficiency reading usually shows up as healthy cash conversion: reported profit arriving as real cash rather than staying on the balance sheet.
On predictability, Nasdaq, Inc. Common Stock scores 6.2, an average reading. Its peers have a median of 4.9 across 256 Financials companies, which places it above them, at the 75th percentile. Middling predictability suggests some volatility in the record, enough to read the other pillars with a little caution.
The profile is uneven. Efficiency leads at 8.8 while predictability trails at 6.2, a gap of 2.6 points, so the overall averages a clear strength against a clear soft spot. An efficiency lead means the operation turns what it has into cash better than it does anything else. A predictability shortfall means the record is volatile, so the averages behind the other pillars move more than they appear to.
Closing the gap on solvency would do the most for the overall. At the median of Financials companies, 8.5, Nasdaq, Inc. Common Stock would score about 7.5 instead of 7.1. All five pillars could be scored, so the overall uses the full set of weights out of 100: profitability 25, solvency 20, growth 20, efficiency 15, predictability 20.
These are the Financials companies closest to Nasdaq, Inc. Common Stock in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Nasdaq, Inc. Common Stock scores 7.1 out of 10, which reads as high quality. Its strongest pillar is efficiency, its weakest is predictability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Nasdaq, Inc. Common Stock ranks at the 85th percentile of the 261 Financials companies Lemma publishes a score for. The median there is 5.9 and the top quarter starts at 6.8, against Nasdaq, Inc. Common Stock’s 7.1.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 16, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for NDAQ are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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