Nasdaq, Inc.NDAQNASDAQ
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SG&A Expenses Over TimeContracting
Percentile Rank0
3Y CAGR-30.7%
5Y CAGR-19.9%
Year-over-Year Change

Selling, general, and administrative expenses

3Y CAGR
-30.7%/yr
vs +1.5%/yr prior
5Y CAGR
-19.9%/yr
Recent deceleration
Acceleration
-32.1pp
Decelerating
Percentile
P0
Near historical low
vs 5Y Ago
0.3x
Contraction
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$140.00M-67.2%
2024$427.00M+2.4%
2023$417.00M-0.7%
2022$420.00M+6.3%
2021$395.00M-7.1%
2020$425.00M+9.5%
2019$388.00M-2.0%
2018$396.00M+10.0%
2017$360.00M+5.3%
2016$342.00M-