NDAQ vs. RJF: Nasdaq vs. Raymond James Financial Stock Comparison
How do Nasdaq (NDAQ) and Raymond James Financial (RJF) 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
Nasdaq (NDAQ) and Raymond James Financial (RJF) both belong to the Capital Markets industry, though NDAQ is classified under Financial Exchanges & Data while RJF falls under Investment Banking & Brokerage.
| Profile Item | NDAQ | RJF |
|---|---|---|
| Name | Nasdaq, Inc. Common Stock | Raymond James Financial, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Investment Banking & Brokerage |
| Market Capitalization | 59.88 billion USD | 31.28 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | July 1, 2002 | July 1, 1983 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NDAQ | RJF |
|---|---|---|
| Total Return (1Y) | 26.55% | 3.99% |
| Total Return (3Y, Annualized) | 30.18% | 20.73% |
| Total Return (5Y, Annualized) | 10.68% | 12.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NDAQ | RJF |
|---|---|---|
| Volatility (1Y, Annualized) | 28.74% | 25.94% |
| Beta (5Y) | 0.94 | 0.91 |
| Max Drawdown (5Y) | -32.57% | -32.11% |
| Avg. Volume (3M) | 3.13M | 1.20M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NDAQ | RJF |
|---|---|---|
| Sharpe Ratio (1Y) | 0.77 | -0.01 |
| Sortino Ratio (1Y) | 1.09 | -0.02 |
Profitability
ROE (TTM)
Both Nasdaq (NDAQ) at 17.33% and Raymond James Financial (RJF) at 18.73% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
RJF
Financial Services industry group
18.73%
- Max
- 44.78%
- Q3
- 21.85%
- RJF
- 18.73%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Nasdaq (NDAQ) at 36.06% retains a top-quartile share of revenue as profit, ahead of Raymond James Financial (RJF) at 14.97%, which keeps about the industry-typical share.
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%
RJF
Financial Services industry group
14.97%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- RJF
- 14.97%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Nasdaq (NDAQ) at 50.57% and Raymond James Financial (RJF) at 20.88% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
RJF
Financial Services industry group
20.88%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- RJF
- 20.88%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | NDAQ | RJF |
|---|---|---|
| ROE (TTM) | 17.33% | 18.73% |
| ROA (TTM) | 6.10% | -- |
| Net Margin (TTM) | 36.06% | 14.97% |
| Operating Margin (TTM) | 50.57% | 20.88% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: Nasdaq (NDAQ) reports revenue growth of 11.65%, ranked against its industry; Raymond James Financial (RJF) has no revenue growth figure this period.
EPS Growth
Nasdaq (NDAQ) at 60.10% sits in the top EPS growth quartile, while Raymond James Financial (RJF) at 15.63% is closer to the peer norm — faster per-share earnings growth for NDAQ.
Growth Metrics
| Metric | NDAQ | RJF |
|---|---|---|
| Revenue Growth (YoY) | 11.65% | -- |
| Revenue Growth (3Y CAGR) | 9.89% | -- |
| EPS Growth (YoY) | 60.10% | 15.63% |
| EPS Growth (3Y CAGR) | 10.99% | 14.33% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Nasdaq (NDAQ) in Financial Services and Raymond James Financial (RJF) 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: Nasdaq (NDAQ) in Financial Services and Raymond James Financial (RJF) 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
| Metric | NDAQ | RJF |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Raymond James Financial (RJF) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Nasdaq (NDAQ) reports a yield of 1.09%, ranking against industry peers normally.
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%
RJF
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- RJF
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Nasdaq (NDAQ) at 31.69% and Raymond James Financial (RJF) at 18.48% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
RJF
Financial Services industry group
18.48%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- RJF
- 18.48%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | NDAQ | RJF |
|---|---|---|
| Dividend Yield (TTM) | 1.09% | 0.00% |
| Dividend Payout Ratio (TTM) | 31.69% | 18.48% |
Valuation
P/E Ratio (TTM)
Raymond James Financial (RJF) at 13.67 is near its industry’s usual P/E ratio, while Nasdaq (NDAQ) at 29.27 sits in the richer quartile — NDAQ needs stronger growth or earnings quality to justify the premium.
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
RJF
Financial Services industry group
13.67
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- RJF
- 13.67
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Raymond James Financial (RJF) at 1.98 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.
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
RJF
Financial Services industry group
1.98
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- RJF
- 1.98
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Raymond James Financial (RJF) at 2.46 is valued about in line with its industry on P/B ratio, while Nasdaq (NDAQ) at 4.99 carries an above-peer premium to book — NDAQ is pricier on assets.
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
RJF
Financial Services industry group
2.46
- Max
- 7.79
- Q3
- 3.63
- RJF
- 2.46
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | NDAQ | RJF |
|---|---|---|
| P/E Ratio (TTM) | 29.27 | 13.67 |
| P/S Ratio (TTM) | 10.36 | 1.98 |
| P/B Ratio (MRQ) | 4.99 | 2.46 |
| Free Cash Flow Yield (TTM) | -- | -- |