DB vs. NDAQ: Deutsche Bank vs. Nasdaq Stock Comparison

November 11, 2026

How do Deutsche Bank (DB) and Nasdaq (NDAQ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Deutsche Bank (DB) and Nasdaq (NDAQ) both belong to the Capital Markets industry, though DB is classified under Diversified Capital Markets while NDAQ falls under Financial Exchanges & Data.

Company profile comparison for Deutsche Bank (DB) and Nasdaq (NDAQ)
Profile Item	DB	NDAQ
Name	Deutsche Bank AG	Nasdaq, Inc. Common Stock
Country/Region	Germany	United States
GICS Sector	Financials	Financials
GICS Industry Group	Financial Services	Financial Services
GICS Industry	Capital Markets	Capital Markets
GICS Sub-Industry	Diversified Capital Markets	Financial Exchanges & Data
Market Capitalization	64.60 billion USD	59.88 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	November 18, 1996	July 1, 2002
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NDAQ

GSPC

Deutsche Bank (DB) vs. Nasdaq (NDAQ), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Deutsche Bank (DB) and Nasdaq (NDAQ). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Deutsche Bank (DB) and Nasdaq (NDAQ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
Total Return (1Y)	3.59%	26.55%
Total Return (3Y, Annualized)	52.91%	30.18%
Total Return (5Y, Annualized)	26.98%	10.68%

Risk Profile

Drawdown History

NDAQ

GSPC

Deutsche Bank (DB) vs. Nasdaq (NDAQ), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Deutsche Bank (DB) and Nasdaq (NDAQ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
Volatility (1Y, Annualized)	35.30%	28.74%
Beta (5Y)	1.04	0.94
Max Drawdown (5Y)	-54.19%	-32.57%
Avg. Volume (3M)	2.22M	3.13M

Risk-Adjusted Performance

Risk-Return Positioning

DB and NDAQ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
Sharpe Ratio (1Y)	-0.02	0.77
Sortino Ratio (1Y)	-0.03	1.09

Profitability

ROE (TTM)

Both Deutsche Bank (DB) at 8.98% and Nasdaq (NDAQ) at 17.33% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

DB

Financial Services industry group

8.98%

Max: 44.78%
Q3: 21.85%
Median: 12.91%
DB: 8.98%
Q1: 4.48%
Min: -18.71%

NDAQ

Financial Services industry group

17.33%

Max: 44.78%
Q3: 21.85%
NDAQ: 17.33%
Median: 12.91%
Q1: 4.48%
Min: -18.71%

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Nasdaq (NDAQ) at 36.06% retains a top-quartile share of revenue as profit, ahead of Deutsche Bank (DB) at 22.67%, which keeps about the industry-typical share.

DB

Financial Services industry group

22.67%

Max: 62.84%
Q3: 28.05%
DB: 22.67%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

NDAQ

Financial Services industry group

36.06%

Max: 62.84%
NDAQ: 36.06%
Q3: 28.05%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Deutsche Bank (DB) at 33.58% and Nasdaq (NDAQ) at 50.57% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

DB

Financial Services industry group

33.58%

Max: 107.33%
Q3: 55.90%
DB: 33.58%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

NDAQ

Financial Services industry group

50.57%

Max: 107.33%
Q3: 55.90%
NDAQ: 50.57%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
ROE (TTM)	8.98%	17.33%
ROA (TTM)	0.48%	6.10%
Net Margin (TTM)	22.67%	36.06%
Operating Margin (TTM)	33.58%	50.57%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Both Deutsche Bank (DB) at 6.83% and Nasdaq (NDAQ) at 11.65% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Deutsche Bank (DB) at 130.39% and Nasdaq (NDAQ) at 60.10% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
Revenue Growth (YoY)	6.83%	11.65%
Revenue Growth (3Y CAGR)	6.39%	9.89%
EPS Growth (YoY)	130.39%	60.10%
EPS Growth (3Y CAGR)	10.02%	10.99%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Deutsche Bank (DB) in Financial Services and Nasdaq (NDAQ) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Deutsche Bank (DB) in Financial Services and Nasdaq (NDAQ) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Both Deutsche Bank (DB) at 2.75% and Nasdaq (NDAQ) at 1.09% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

DB

Financial Services industry group

2.75%

Max: 9.77%
Q3: 3.92%
DB: 2.75%
Median: 1.09%
Q1: 0.00%
Min: 0.00%

NDAQ

Financial Services industry group

1.09%

Max: 9.77%
Q3: 3.92%
Median: 1.09%
NDAQ: 1.09%
Q1: 0.00%
Min: 0.00%

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Deutsche Bank (DB) at 30.04% and Nasdaq (NDAQ) at 31.69% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

DB

Financial Services industry group

30.04%

Max: 241.07%
Q3: 97.36%
DB: 30.04%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

NDAQ

Financial Services industry group

31.69%

Max: 241.07%
Q3: 97.36%
NDAQ: 31.69%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
Dividend Yield (TTM)	2.75%	1.09%
Dividend Payout Ratio (TTM)	30.04%	31.69%

Valuation

P/E Ratio (TTM)

Deutsche Bank (DB) at 9.00 sits in the cheaper P/E ratio quartile, while Nasdaq (NDAQ) at 29.27 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

DB

Financial Services industry group

9.00

Max: 45.85
Q3: 24.64
Median: 15.37
Q1: 9.68
DB: 9.00
Min: 0.16

NDAQ

Financial Services industry group

29.27

Max: 45.85
NDAQ: 29.27
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Deutsche Bank (DB) at 2.11 prices around its industry’s typical P/S ratio, while Nasdaq (NDAQ) at 10.36 clears its benchmark range — NDAQ looks notably rich on sales.

DB

Financial Services industry group

2.11

Max: 9.23
Q3: 4.57
Median: 2.72
DB: 2.11
Q1: 1.28
Min: -0.55

NDAQ

Financial Services industry group

10.36

NDAQ: 10.36
Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
Min: -0.55

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Deutsche Bank (DB) at 0.72 looks cheap against book in the lower P/B ratio quartile, while Nasdaq (NDAQ) at 4.99 carries a premium in the upper quartile — a clear price-to-book gap.

DB

Financial Services industry group

0.72

Max: 7.79
Q3: 3.63
Median: 1.57
Q1: 0.81
DB: 0.72
Min: -0.39

NDAQ

Financial Services industry group

4.99

Max: 7.79
NDAQ: 4.99
Q3: 3.63
Median: 1.57
Q1: 0.81
Min: -0.39

Deutsche Bank (DB) vs. Nasdaq (NDAQ): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Deutsche Bank (DB) and Nasdaq (NDAQ)
Metric	DB	NDAQ
P/E Ratio (TTM)	9.00	29.27
P/S Ratio (TTM)	2.11	10.36
P/B Ratio (MRQ)	0.72	4.99
Free Cash Flow Yield (TTM)	--	--