Nasdaq, Inc.NDAQ
NasdaqGS•Financial Services•Financial Data & Stock Exchanges
Understand cash generation quality and how management allocates capital.
Free cash flow was $629.00M in the latest quarter (2.4% increase YoY). FCF margin is 7.6%. Shares outstanding declined by 1.3% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation