Euronext N.V. Overview
Pro stress-test →Euronext is a stock exchange group that provides listing, trading, custody and settlement, data services, technology solutions, live market, corporate services and other financial services related to trading and stock exchange. The company operates regulated markets in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris. Euronext delivered record results in 2025, achieving strong top line growth, robust EBITDA and EBITDA margin, and record free cash flow generation, supported by its integrated value chain and disciplined cost management.
Strategic Profile
Pro stress-test →Euronext is now present across the entire capital markets value chain, from pre-listing to post trade and solutions. Non-volume-related revenue and income represented 59% of total revenue and income (compared to 58% in 2024) and covered 157% of underlying operating expenses, excluding D&A. In 2024, Euronext strengthened its non-volume business with strategic acquisitions such as GRSS, Substantive Research, and Acupay.
Competitive Landscape
Pro stress-test →Euronext operates as Europe's leading multi-asset exchange operator with limited direct competitors. Primary competitors include national and regional exchanges (STOXX, Deutsche Börse, Nasdaq Nordic), and post-trade service providers like LCH and Clearstream. Euronext's integrated value chain across listing, trading, clearing, and custody—combined with its pan-European footprint—provides significant competitive advantages in scale and cross-selling opportunities.
Industry Context
Euronext N.V. operates in Stock Exchange Operators / Capital Markets Infrastructure.
Key facts
Founded: 2000 · Headquarters: Amsterdam, Netherlands · Employees: 2,771 · Revenue: $2.1B (2025) · Market cap: $17.8B