Futures tick value & profit calculator (MNQ, MES, NQ, ES)
All four equity index futures move in ticks of 0.25 index points. One tick is worth $0.50 on MNQ, $1.25 on MES, $5.00 on NQ and $12.50 on ES (one full point = $2, $5, $20 and $50). Profit or loss = points moved ร dollars per point ร contracts, minus commissions.
Contracts for a set risk
MNQ, MES, NQ and ES tick values
| Symbol | Contract | Tick size | Tick value | Per point |
|---|---|---|---|---|
| MNQ | Micro E-mini Nasdaq-100 | 0.25 pts | $0.50 | $2 |
| MES | Micro E-mini S&P 500 | 0.25 pts | $1.25 | $5 |
| NQ | E-mini Nasdaq-100 | 0.25 pts | $5.00 | $20 |
| ES | E-mini S&P 500 | 0.25 pts | $12.50 | $50 |
How futures profit is calculated
Points = (exit โ entry) for a long, or (entry โ exit) for a short. Ticks = points รท 0.25. Gross P&L = ticks ร tick value ร contracts. Net P&L subtracts commissions and fees for both the entry and exit. Ten MNQ contracts move exactly like one NQ, and ten MES like one ES.
Common questions
What is the tick value of MNQ?
MNQ moves in 0.25-point ticks worth $0.50 each, or $2 per full point.
What is the tick value of ES?
ES moves in 0.25-point ticks worth $12.50 each, or $50 per full point.
How many MES equal one ES?
Ten. MES is one-tenth the size of ES, and MNQ is one-tenth of NQ.
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Last reviewed October 31, 2026. This calculator gives estimates for education and planning only. Results depend entirely on the numbers you enter and the assumptions stated on this page; they are not investment, tax or trading advice, and real results will differ.