Seek Returns

NDAQ vs. SPGI: Nasdaq vs. S&P Global Stock Comparison

How do Nasdaq (NDAQ) and S&P Global (SPGI) 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 S&P Global (SPGI) are both classified in the Financial Exchanges & Data sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.

Company profile comparison for Nasdaq (NDAQ) and S&P Global (SPGI)
Profile ItemNDAQSPGI
NameNasdaq, Inc. Common StockS&P Global Inc.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryFinancial Exchanges & DataFinancial Exchanges & Data
Market Capitalization59.88 billion USD135.62 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJuly 1, 2002February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NDAQ
SPGI
GSPC
Loading price history…
Nasdaq (NDAQ) vs. S&P Global (SPGI), 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 Nasdaq (NDAQ) and S&P Global (SPGI). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Nasdaq (NDAQ) and S&P Global (SPGI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
Total Return (1Y)26.55%1.66%
Total Return (3Y, Annualized)30.18%9.75%
Total Return (5Y, Annualized)10.68%2.47%

Risk Profile

Drawdown History

NDAQ
SPGI
GSPC
Loading price history…
Nasdaq (NDAQ) vs. S&P Global (SPGI), 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 Nasdaq (NDAQ) and S&P Global (SPGI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
Volatility (1Y, Annualized)28.74%31.02%
Beta (5Y)0.941.02
Max Drawdown (5Y)-32.57%-39.76%
Avg. Volume (3M)3.13M1.86M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
NDAQ and SPGI 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 Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
Sharpe Ratio (1Y)0.77-0.08
Sortino Ratio (1Y)1.09-0.11

Profitability

ROE (TTM)

Both Nasdaq (NDAQ) at 17.33% and S&P Global (SPGI) at 17.88% 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%

SPGI

Financial Services industry group

17.88%

Max
44.78%
Q3
21.85%
SPGI
17.88%
Median
12.91%
Q1
4.48%
Min
-18.71%
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Nasdaq (NDAQ) at 36.06% and S&P Global (SPGI) at 30.60% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

SPGI

Financial Services industry group

30.60%

Max
62.84%
SPGI
30.60%
Q3
28.05%
Median
15.36%
Q1
4.82%
Min
-28.52%
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Nasdaq (NDAQ) at 50.57% and S&P Global (SPGI) at 48.21% 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%

SPGI

Financial Services industry group

48.21%

Max
107.33%
Q3
55.90%
SPGI
48.21%
Median
30.09%
Q1
14.60%
Min
-44.34%
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
ROE (TTM)17.33%17.88%
ROA (TTM)6.10%8.33%
Net Margin (TTM)36.06%30.60%
Operating Margin (TTM)50.57%48.21%
Gross Margin (TTM)----

Growth

Revenue Growth

Both Nasdaq (NDAQ) at 11.65% and S&P Global (SPGI) at 7.94% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Nasdaq (NDAQ) at 60.10% sits in the top EPS growth quartile, while S&P Global (SPGI) at 18.70% is closer to the peer norm — faster per-share earnings growth for NDAQ.

Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
Revenue Growth (YoY)11.65%7.94%
Revenue Growth (3Y CAGR)9.89%11.11%
EPS Growth (YoY)60.10%18.70%
EPS Growth (3Y CAGR)10.99%12.85%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Nasdaq (NDAQ) in Financial Services and S&P Global (SPGI) 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 S&P Global (SPGI) 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 Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Nasdaq (NDAQ) at 1.09% and S&P Global (SPGI) at 0.82% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

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%

SPGI

Financial Services industry group

0.82%

Max
9.77%
Q3
3.92%
Median
1.09%
SPGI
0.82%
Q1
0.00%
Min
0.00%
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Nasdaq (NDAQ) at 31.69% and S&P Global (SPGI) at 22.06% 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%

SPGI

Financial Services industry group

22.06%

Max
241.07%
Q3
97.36%
Median
25.77%
SPGI
22.06%
Q1
0.00%
Min
0.00%
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
Dividend Yield (TTM)1.09%0.82%
Dividend Payout Ratio (TTM)31.69%22.06%

Valuation

P/E Ratio (TTM)

Both Nasdaq (NDAQ) at 29.27 and S&P Global (SPGI) at 27.95 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

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

SPGI

Financial Services industry group

27.95

Max
45.85
SPGI
27.95
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: S&P Global (SPGI) at 8.32 sits in the upper P/S ratio quartile, and Nasdaq (NDAQ) at 10.36 prices even higher, above its industry range.

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

SPGI

Financial Services industry group

8.32

Max
9.23
SPGI
8.32
Q3
4.57
Median
2.72
Q1
1.28
Min
-0.55
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Both Nasdaq (NDAQ) at 4.99 and S&P Global (SPGI) at 6.88 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

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

SPGI

Financial Services industry group

6.88

Max
7.79
SPGI
6.88
Q3
3.63
Median
1.57
Q1
0.81
Min
-0.39
Loading chart…
Nasdaq (NDAQ) vs. S&P Global (SPGI): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Nasdaq (NDAQ) and S&P Global (SPGI)
MetricNDAQSPGI
P/E Ratio (TTM)29.2727.95
P/S Ratio (TTM)10.368.32
P/B Ratio (MRQ)4.996.88
Free Cash Flow Yield (TTM)----