NYSE : FDS
FactSet Research Systems Inc. — Financial statements
Financials · Financial Data & Stock Exchanges · United States
Last price 320.04 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 11.28B
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Financial statements
FactSet Research Systems Inc. (FDS) reported revenue of 2.48B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.48B | 2.48B | 2.32B | 2.20B | 2.09B | 1.84B |
| Cost of Revenue | 1.22B | 1.22B | 1.10B | 1.01B | 973.23M | 871.11M |
| Gross Profit | 1.25B | 1.25B | 1.22B | 1.19B | 1.11B | 972.79M |
| Selling, General & Admin | 533.63M | 533.63M | 471.59M | 489.81M | 483.08M | 433.03M |
| Other Operating Expenses | 2.40M | |||||
| Operating Expenses | 533.63M | 533.63M | 473.99M | 489.81M | 483.08M | 433.03M |
| Operating Income | 719.48M | 719.48M | 749.98M | 701.30M | 629.21M | 539.75M |
| Interest Expense | -54.68M | -54.68M | -56.32M | -65.78M | -66.32M | -39.20M |
| Interest & Investment Income | 4.06M | 4.06M | 6.53M | 14.45M | 12.81M | 6.17M |
| Other Non Operating Income (Expenses) | 12.72M | 12.72M | 22.45M | 1.53M | 8.26M | -2.37M |
| EBT Excluding Unusual Items | 681.58M | 681.58M | 722.63M | 651.50M | 583.95M | 504.37M |
| Gain (Loss) on Sale of Investments | -12.34M | -12.34M | ||||
| Asset Writedown | -64.27M | |||||
| Other Unusual Items | -19.52M | -19.52M | -1.68M | 3.50M | ||
| Pretax Income | 649.72M | 649.72M | 720.96M | 651.50M | 583.95M | 443.59M |
| Income Tax Expense | 116.23M | 116.23M | 123.92M | 114.38M | 115.78M | 46.68M |
| Net Income | 533.48M | 533.48M | 597.04M | 537.13M | 468.17M | 396.92M |
| Net Income to Common | 533.48M | 533.48M | 597.04M | 537.13M | 468.17M | 396.92M |
| Shares Outstanding (Basic) | 36.47M | 36.47M | 37.92M | 38.06M | 38.19M | 37.86M |
| Shares Outstanding (Diluted) | 36.61M | 36.61M | 38.38M | 38.62M | 38.90M | 38.74M |
| EPS (Basic) | 14.63 | 14.63 | 15.74 | 14.11 | 12.26 | 10.48 |
| EPS (Diluted) | 14.57 | 14.57 | 15.55 | 13.91 | 12.04 | 10.25 |
| Free Cash Flow | 707.48M | 707.48M | 617.45M | 614.66M | 584.79M | 487.12M |
| Free Cash Flow Per Share | 19.32 | 19.32 | 16.09 | 15.92 | 15.03 | 12.57 |
| Dividend Per Share | 4.52 | 4.52 | 4.28 | 4.04 | 3.74 | 3.42 |
| Gross Margin | 50.60% | 50.60% | 52.72% | 54.07% | 53.33% | 52.76% |
| Operating Margin | 29.05% | 29.05% | 32.30% | 31.83% | 30.17% | 29.27% |
| Profit Margin | 21.54% | 21.54% | 25.71% | 24.38% | 22.45% | 21.53% |
| Free Cash Flow Margin | 28.57% | 28.57% | 26.59% | 27.90% | 28.04% | 26.42% |
| EBITDA | 900.31M | 900.31M | 907.67M | 826.49M | 734.59M | 626.44M |
| EBITDA Margin | 36.36% | 36.36% | 39.09% | 37.52% | 35.22% | 33.97% |
| D&A For EBITDA | 180.83M | 180.83M | 157.69M | 125.19M | 105.38M | 86.68M |
| EBIT | 719.48M | 719.48M | 749.98M | 701.30M | 629.21M | 539.75M |
| EBIT Margin | 29.05% | 29.05% | 32.30% | 31.83% | 30.17% | 29.27% |
| Effective Tax Rate | 17.89% | 17.89% | 17.19% | 17.56% | 19.83% | 10.52% |
Balance sheet
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 233.34M | 233.34M | 337.65M | 422.98M | 425.44M | 503.27M |
| Short-Term Investments | 31.99M | 31.99M | 17.45M | 69.62M | 32.21M | 33.22M |
| Trading Asset Securities | 3.12M | 10.62M | ||||
| Cash & Short-Term Investments | 265.33M | 265.33M | 355.10M | 492.60M | 460.78M | 547.11M |
| Receivables | 298.62M | 298.62M | 270.68M | 228.05M | 237.66M | 204.10M |
| Prepaid Expenses | 81.02M | 81.02M | 93.87M | 112.58M | 70.43M | 119.13M |
| Restricted Cash | 6.30M | 6.30M | 6.52M | |||
| Other Current Assets | 627.00K | 627.00K | 3.59M | 2.62M | 1.26M | |
| Total Current Assets | 651.89M | 651.89M | 729.76M | 835.85M | 770.13M | 870.35M |
| Property, Plant & Equipment | 192.52M | 192.52M | 206.98M | 213.01M | 227.94M | 240.30M |
| Long-Term Investments | 1.79M | |||||
| Goodwill | 1.28B | 1.28B | 1.28B | 1.01B | 1.00B | 965.85M |
| Other Intangible Assets | 1.85B | 1.85B | 1.92B | 1.84B | 1.86B | 1.90B |
| Long-Term Deferred Tax Assets | 74.55M | 74.55M | 61.23M | 61.34M | 27.23M | 3.15M |
| Other Long-Term Assets | 88.52M | 88.52M | 105.50M | 89.58M | 73.68M | 36.96M |
| Total Assets | 4.14B | 4.14B | 4.30B | 4.06B | 3.96B | 4.01B |
| Accounts Payable | 134.19M | 134.19M | 134.45M | 178.00M | 121.21M | 100.09M |
| Accrued Expenses | 192.35M | 192.35M | 130.60M | 93.28M | 112.89M | 114.81M |
| Current Portion of Long-Term Debt | 499.44M | 499.44M | 124.84M | |||
| Current Portion of Leases | 34.25M | 34.25M | 33.15M | 31.07M | 28.84M | 29.18M |
| Current Income Taxes Payable | 5.01M | 5.01M | 13.04M | 40.39M | 31.01M | |
| Current Unearned Revenue | 181.44M | 181.44M | 167.85M | 159.76M | 152.43M | 152.04M |
| Other Current Liabilities | 42.82M | 42.82M | 42.22M | 39.72M | 37.87M | 42.17M |
| Total Current Liabilities | 1.09B | 1.09B | 521.31M | 667.07M | 484.25M | 438.29M |
| Long-Term Debt | 870.59M | 870.59M | 1.37B | 1.24B | 1.61B | 1.98B |
| Long-Term Leases | 138.14M | 138.14M | 157.10M | 177.52M | 198.38M | 208.62M |
| Long-Term Unearned Revenue | 1.34M | 3.73M | 7.21M | |||
| Long-Term Deferred Tax Liabilities | 11.28M | 11.28M | 14.90M | 8.45M | 6.74M | 8.80M |
| Other Long-Term Liabilities | 28.65M | 28.65M | 56.29M | 47.07M | 37.19M | 37.55M |
| Total Liabilities | 2.14B | 2.14B | 2.12B | 2.14B | 2.34B | 2.68B |
| Common Stock | 433.00K | 433.00K | 430.00K | 426.00K | 421.00K | 417.00K |
| Additional Paid-In Capital | 1.74B | 1.74B | 1.62B | 1.48B | 1.32B | 1.19B |
| Retained Earnings | 2.69B | 2.69B | 2.32B | 1.89B | 1.51B | 1.18B |
| Treasury Stock | -2.35B | -2.35B | -1.70B | -1.38B | -1.12B | -930.72M |
| Comprehensive Income & Other | -78.45M | -78.45M | -63.75M | -79.61M | -87.14M | -108.38M |
| Shareholders' Equity | 2.00B | 2.00B | 2.19B | 1.91B | 1.62B | 1.33B |
| Total Liabilities & Equity | 4.14B | 4.14B | 4.30B | 4.06B | 3.96B | 4.01B |
| Total Debt | 1.54B | 1.54B | 1.56B | 1.57B | 1.84B | 2.22B |
| Net Cash (Debt) | -1.28B | -1.28B | -1.20B | -1.08B | -1.38B | -1.67B |
| Net Cash Per Share | -34.88 | -34.88 | -31.35 | -28.02 | -35.46 | -43.19 |
| Filing Date Shares Outstanding | 35.26M | 35.26M | 37.46M | 37.99M | 37.99M | 38.08M |
| Total Common Shares Outstanding | 35.26M | 35.26M | 37.65M | 37.95M | 38.03M | 38.04M |
| Working Capital | -437.61M | -437.61M | 208.45M | 168.78M | 285.88M | 432.06M |
| Book Value Per Share | 56.78 | 56.78 | 58.08 | 50.39 | 42.60 | 35.00 |
| Tangible Book Value | -1.13B | -1.13B | -1.01B | -942.81M | -1.24B | -1.53B |
| Tangible Book Value Per Share | -32.07 | -32.07 | -26.95 | -24.84 | -32.72 | -40.22 |
| Machinery | 113.19M | 103.24M | 162.66M | |||
| Leasehold Improvements | 95.84M | 97.00M | 184.43M |
Cash flow statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 533.48M | 533.48M | 597.04M | 537.13M | 468.17M | 396.92M |
| Depreciation & Amortization | 213.10M | 213.10M | 188.67M | 155.59M | 137.73M | 129.72M |
| Loss (Gain) From Sale of Assets | -23.24M | |||||
| Asset Writedown & Restructuring Costs | 64.27M | |||||
| Stock-Based Compensation | 84.10M | 84.10M | 61.23M | 63.50M | 62.04M | 56.00M |
| Other Operating Activities | 3.13M | 3.13M | 8.32M | -17.51M | 6.89M | -28.99M |
| Change in Accounts Receivable | -34.57M | -34.57M | -42.54M | 2.19M | -40.10M | -32.98M |
| Change in Accounts Payable | -4.41M | -4.41M | -59.40M | 55.35M | 8.39M | 12.81M |
| Change in Unearned Revenue | 12.99M | 12.99M | 2.25M | 4.94M | -3.39M | -6.10M |
| Change in Income Taxes | -5.08M | -5.08M | -1.16M | -11.45M | 41.40M | -19.27M |
| Change in Other Net Operating Assets | 19.45M | 19.45M | -4.91M | -89.41M | -35.56M | -34.10M |
| Operating Cash Flow | 822.20M | 822.20M | 726.26M | 700.34M | 645.57M | 538.28M |
| Capital Expenditures | -114.72M | -114.72M | -108.81M | -85.68M | -60.79M | -51.16M |
| Cash Acquisitions | -348.25M | -23.59M | -1.98B | |||
| Divestitures | 25.00M | |||||
| Investment in Securities | -17.78M | -17.78M | 39.29M | -58.64M | -11.01M | -878.00K |
| Investing Cash Flow | -132.50M | -132.50M | -392.77M | -144.32M | -95.39M | -2.03B |
| Long-Term Debt Issued | 240.93M | 240.93M | 803.41M | 2.24B | ||
| Total Debt Issued | 240.93M | 240.93M | 803.41M | 2.24B | ||
| Long-Term Debt Repaid | -242.50M | -242.50M | -805.00M | -250.00M | -375.00M | -825.00M |
| Total Debt Repaid | -242.50M | -242.50M | -805.00M | -250.00M | -375.00M | -825.00M |
| Net Debt Issued (Repaid) | -1.57M | -1.57M | -1.59M | -250.00M | -375.00M | 1.41B |
| Issuance of Common Stock | 33.29M | 33.29M | 81.69M | 91.71M | 72.01M | 86.05M |
| Repurchase of Common Stock | -643.96M | -643.96M | -300.46M | -235.24M | -176.72M | -18.64M |
| Common Dividends Paid | -164.18M | -164.18M | -159.97M | -150.67M | -138.60M | -125.93M |
| Other Financing Activities | -23.02M | -23.02M | -27.49M | -16.66M | -13.71M | -15.60M |
| Financing Cash Flow | -799.45M | -799.45M | -407.82M | -560.85M | -632.02M | 1.34B |
| Foreign Exchange Rate Adjustments | -2.31M | -2.31M | 3.05M | 2.36M | 4.01M | -22.43M |
| Net Cash Flow | -112.06M | -112.06M | -71.28M | -2.46M | -77.83M | -178.59M |
| Free Cash Flow | 707.48M | 707.48M | 617.45M | 614.66M | 584.79M | 487.12M |
| Free Cash Flow Margin | 28.57% | 28.57% | 26.59% | 27.90% | 28.04% | 26.42% |
| Free Cash Flow Per Share | 19.32 | 19.32 | 16.09 | 15.92 | 15.03 | 12.57 |
| Levered Free Cash Flow | 653.73M | 653.73M | 520.23M | 552.46M | 550.97M | 466.81M |
| Unlevered Free Cash Flow | 687.90M | 687.90M | 555.43M | 593.57M | 592.42M | 491.31M |
| Cash Interest Paid | 51.76M | 51.76M | 54.81M | 65.92M | 76.52M | 29.52M |
| Cash Income Tax Paid | 122.73M | 122.73M | 103.17M | 157.01M | 91.17M | 76.25M |
| Change in Working Capital | -11.61M | -11.61M | -105.77M | -38.37M | -29.26M | -79.64M |
Ratios
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 11.62B | 11.15B | 14.11B | 16.08B | 16.65B | 16.46B |
| Enterprise Value | 12.90B | 12.42B | 15.37B | 17.20B | 18.03B | 18.26B |
| Last Close Price | 329.57 | 313.55 | 366.75 | 411.39 | 420.65 | 413.99 |
| PE Ratio | 22.62 | 20.90 | 23.64 | 29.95 | 35.56 | 41.47 |
| Forward PE | 16.79 | 16.40 | 20.89 | 25.06 | 27.17 | 30.39 |
| PS Ratio | 4.69 | 4.50 | 6.08 | 7.30 | 7.98 | 8.93 |
| PB Ratio | 5.80 | 5.57 | 6.46 | 8.41 | 10.28 | 12.36 |
| P/FCF Ratio | 16.42 | 15.76 | 22.86 | 26.17 | 28.47 | 33.79 |
| P/OCF Ratio | 14.13 | 13.56 | 19.43 | 22.97 | 25.79 | 30.58 |
| PEG Ratio | 1.66 | 2.10 | 2.24 | 2.37 | 2.46 | 2.77 |
| EV/Sales Ratio | 5.21 | 5.01 | 6.62 | 7.81 | 8.64 | 9.90 |
| EV/EBITDA Ratio | 14.32 | 13.79 | 16.93 | 20.82 | 24.54 | 29.14 |
| EV/EBIT Ratio | 17.92 | 17.26 | 20.49 | 24.53 | 28.65 | 33.82 |
| EV/FCF Ratio | 18.23 | 17.55 | 24.89 | 27.99 | 30.83 | 37.48 |
| Debt / Equity Ratio | 0.77 | 0.77 | 0.71 | 0.82 | 1.14 | 1.67 |
| Debt / EBITDA Ratio | 1.62 | 1.62 | 1.63 | 1.80 | 2.34 | 3.28 |
| Debt / FCF Ratio | 2.18 | 2.18 | 2.52 | 2.56 | 3.15 | 4.56 |
| Net Debt / Equity Ratio | 0.64 | 0.64 | 0.55 | 0.57 | 0.85 | 1.26 |
| Net Debt / EBITDA Ratio | 1.42 | 1.42 | 1.33 | 1.31 | 1.88 | 2.67 |
| Net Debt / FCF Ratio | 1.80 | 1.80 | 1.95 | 1.76 | 2.36 | 3.44 |
| Asset Turnover | 0.59 | 0.59 | 0.56 | 0.55 | 0.52 | 0.59 |
| Quick Ratio | 0.52 | 0.52 | 1.20 | 1.08 | 1.44 | 1.71 |
| Current Ratio | 0.60 | 0.60 | 1.40 | 1.25 | 1.59 | 1.99 |
| Return on Equity (ROE) | 25.47% | 25.47% | 29.13% | 30.41% | 31.73% | 33.81% |
| Return on Assets (ROA) | 10.65% | 10.65% | 11.21% | 10.93% | 9.86% | 10.81% |
| Return on Invested Capital (ROIC) | 17.96% | 17.72% | 19.46% | 19.29% | 16.80% | 23.15% |
| Return on Capital Employed (ROCE) | 23.60% | 23.60% | 19.80% | 20.70% | 18.10% | 15.10% |
| Earnings Yield | 4.42% | 4.78% | 4.23% | 3.34% | 2.81% | 2.41% |
| FCF Yield | 6.09% | 6.34% | 4.38% | 3.82% | 3.51% | 2.96% |
| Dividend Yield | 1.41% | 1.43% | 1.14% | 0.95% | 0.85% | 0.79% |
| Payout Ratio | 31.85% | 30.78% | 26.79% | 28.05% | 29.60% | 31.73% |
| Buyback Yield / Dilution | 4.62% | 4.62% | 0.60% | 0.72% | -0.42% | -0.43% |
| Total Shareholder Return | 6.03% | 6.05% | 1.75% | 1.67% | 0.44% | 0.36% |