Nasdaq (NDAQ) vs S&P Global (SPGI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Nasdaq (NDAQ) has outperformed S&P Global (SPGI) over the past year, gaining 2.8% versus a loss of 11.8%. Over five years, NDAQ leads with a +35.8% price change compared with -5.9% for SPGI. S&P Global is the larger company by market cap ($118.72 billion vs $51.63 billion), about 2.3 times the size, while Nasdaq is growing revenue faster (+11.6% vs +7.9%).
On valuation, Nasdaq trades at a lower forward P/E (19.7x vs 19.9x for S&P Global). Nasdaq offers the higher dividend yield (1.21% vs 0.96%). S&P Global converts more of its revenue into profit, with a net margin of 29.2% versus 21.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NDAQ | SPGI |
|---|---|---|
| Share price | $92.37 | $402.73 |
| Market cap | $51.63B | $118.72B |
| 1-day change | +0.48% | +1.91% |
| YTD return | -4.90% | -18.54% |
| 1-year return | +2.78% | -11.76% |
| 5-year return | +35.84% | -5.91% |
| P/E ratio (TTM) | 26.93 | 24.51 |
| Forward P/E | 19.74 | 19.94 |
| EPS (TTM) | $3.43 | $16.43 |
| Dividend yield | 1.21% | 0.96% |
| Annual dividend | $1.12 | $3.86 |
| Revenue (latest FY) | $8.26B | $15.34B |
| Revenue growth (YoY) | +11.65% | +7.94% |
| Net income (latest FY) | $1.79B | $4.47B |
| Gross margin | 63.53% | 70.25% |
| Operating margin | 28.21% | 42.24% |
| Net margin | 21.64% | 29.15% |
| 52-week high | $101.79 | $522.47 |
| 52-week low | $76.55 | $361.03 |
| Distance from 52-week high | -9.25% | -22.92% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +18.07% | +28.75% |
| Average volume | 3.30M | 1.91M |
| Shares outstanding | 558.98M | 294.80M |
| Employees | 9,630 | 44,500 |
| Sector | Financial Services | Finance |
| Industry | Financial Data & Stock Exchanges | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- S&P Global is about 2.3 times larger than Nasdaq by market value ($118.72B vs $51.63B).
- NDAQ has outperformed SPGI by 14.5 percentage points over the past year.
- S&P Global is more profitable, keeping 29.2 cents of every revenue dollar as net income versus 21.6 cents for Nasdaq.
- The two companies sit in different sectors: Nasdaq in Financial Services and S&P Global in Finance.
About Nasdaq
NDAQ stock →Nasdaq, Inc. operates as a technology company that serves capital markets and other industries in the United States and internationally.
Financial Services · Financial Data & Stock Exchanges · 9,630 employees
About S&P Global
SPGI stock →S&P Global Inc., together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets. It operates through four segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, and S&P Dow Jones Indices.
Finance · Finance: Consumer Services · 44,500 employees
NDAQ vs SPGI FAQ
Which is bigger, Nasdaq or S&P Global?
S&P Global (SPGI) is larger, with a market capitalization of $118.72B compared with $51.63B for Nasdaq (NDAQ).
Which stock has performed better over the past year, NDAQ or SPGI?
NDAQ returned +2.78% over the past 12 months, compared with -11.76% for SPGI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NDAQ or SPGI?
SPGI has the lower trailing P/E at 24.5, versus 26.9 for NDAQ. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Nasdaq or S&P Global?
Nasdaq has the higher yield at 1.21%, compared with 0.96% for S&P Global.
Are Nasdaq and S&P Global in the same industry?
No. Nasdaq is in the Financial Services sector, while S&P Global is in Finance.