Nasdaq (NDAQ) FY2022 results: revenue $6.2 billion, up 5.8% on the year
Nasdaq, Inc. (NDAQ) reported revenue of $6.2 billion for fiscal 2022, the year ended 31 December 2022, up 5.8% on the year before. Net income was $1.1 billion, down 5.2%, and diluted earnings per share $2.26. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$6.2 billion
+5.8% on the year
FY2015FY2022
Operating margin
25.1%
24.5% a year earlier
FY2015FY2022
Net income
$1.1 billion
-5.2% on the year
FY2015FY2022
Diluted EPS
$2.26
-3.8% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,706
1,083
1,252
+57.5%
Capital expenditure
152
163
188
-6.7%
Free cash flow
1,554
920
1,064
+68.9%
Free cash flow margin
25.0%
15.6%
18.9%
Cash from investing
49.0
-2,653
-122
Cash from financing
1,036
1,418
1,910
-26.9%
Depreciation and amortisation
105
108
99.0
-2.8%
Share-based compensation
106
90.0
87.0
+17.8%
Buybacks
308
468
222
-34.2%
Dividends paid
383
350
320
+9.4%
Dividend per share
$0.78
$0.70
$0.65
+10.9%
Diluted shares, weighted
498m
505m
501m
-1.4%
Shares outstanding at period end
492m
500m
495m
-1.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,151
6,395
6,433
-3.8%
Non-controlling interest
13.0
10.0
3.0
+30.0%
Debt
5,399
5,830
5,541
-7.4%
Operating lease liabilities
452
386
389
+17.1%
Other liabilities
8,853
7,494
5,613
+18.1%
Total liabilities and equity
20,868
20,115
17,979
+3.7%
Fixed assets
532
509
475
+4.5%
Goodwill
8,099
8,433
6,850
-4.0%
Intangible assets
2,581
2,813
2,255
-8.2%
Cash and equivalents
502
393
2,745
+27.7%
Receivables
677
588
566
+15.1%
Other assets
8,477
7,379
5,088
+14.9%
Total assets
20,868
20,115
17,979
+3.7%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.