FirmAtlas
Company handbook · FDS · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
FDS · CIK 1013237 · LATEST FILING: 10-Q MAY '26 · FILED JUL 1, 2026
FACTSET RESEARCH SYSTEMS INC.
$301.67
−0.16 (−0.05%)
Close, Oct 16, 2026 · 52-week $185–320
Last fiscal year
FACTSET RESEARCH SYSTEMS INC. reported revenue of $2.3B for the year ended Aug 31, 2025 (FY25), up 5.4% from FY24. Net income was $597M, operating cash flow $726M and free cash flow $617M. Source: 10-K filed Oct 22, 2025.
Market cap
$11.4B
P/E
20.1
EV/EBITDA
13.6x
P/B
5.6
Div yield
1.50%
ROIC
20.3%
Revenue 1Y
5.4%/yr
EPS 1Y
11.8%/yr
Shares 1Y
−0.8%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOSanoke Viswanathan
HQNorwalk, CT
AuditorErnst & Young LLP
Year endsAugust
Revenue by segment · FY25
Americas65%
EMEA25%
Asia Pacific10%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
6.9%
−6.2%
−12.3%
8.5%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$1.4B deployed
Capex
$194M
14.0%
Acquisitions
$348M
25.1%
Dividends
$311M
22.4%
Buybacks
$536M
38.6%
Operating cash flow over the period: $1.4B. Total debt changed by −$123M. R&D of $566M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Aug 31, 2025 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to May '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
2,203
2,322+5.4%
2,438
YoY
+5.4%
Gross profit
1,191
1,224+2.8%
1,253
Gross margin
54.1%
52.7%−1.3 pp
—
Operating income
701
748+6.7%
721
Operating margin
31.8%
32.2%+0.4 pp
—
EBITDA
826
906+9.6%
—
EBITDA margin
37.5%
39.0%+1.5 pp
—
Interest expense
65
58−11.7%
—
Interest coverage
12.64x
15.69x+3.05x
—
Net income
537
597+11.2%
566
YoY
+11.2%
Net margin
24.4%
25.7%+1.3 pp
—
EPS (diluted, $)
13.91
15.55+11.8%
15.23
YoY
+11.8%
Balance sheet
Total assets
4,055
4,304+6.1%
4,192
Cash & short-term investments
493
369−25.1%
—
Accounts receivable
228
271+18.7%
—
Net PP&E
83
85+3.3%
—
Other assets
3,252
3,579+10.1%
—
Total liabilities
2,143
2,118−1.2%
2,160
Accounts payable
178
135−24.1%
—
Total debt
1,491
1,368−8.2%
1,889
Other liabilities
474
614+29.7%
—
Shareholders’ equity
1,912
2,186+14.3%
2,032
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
700
726+3.7%
830
Net income
537
597+11.2%
—
Depreciation & amortization
125
158+26.0%
—
Stock-based compensation
64
61−3.6%
—
Working capital & other
(25)
(90)n/m
—
Cash from investing
(144)
(393)n/m
—
Capex
(86)
(109)n/m
—
Acquisitions
0
(348)n/m
—
Investments bought
(59)
(19)n/m
—
Investments sold / matured
0
58n/m
—
Other investing
0
25n/m
—
Cash from financing
(561)
(408)n/m
—
Debt raised
0
803n/m
—
Debt repaid
(250)
(805)n/m
—
Dividends
(151)
(160)n/m
—
Buybacks
(235)
(300)n/m
—
Other financing
75
54−27.8%
—
Net change in cash
(2)
(71)n/m
—
Free cash flow (OCF − capex)
615
617+0.5%
708
Where the cash went
Operating cash flow
700
726+3.7%
830
Reinvested in the business
86
457+433.4%
—
% of operating cash flow
12.2%
62.9%
Capex
86
109+27.0%
121
Acquisitions
0
348n/m
—
R&D (memo, already in costs)
265
301+13.4%
—
Free cash flow
615
617+0.5%
708
YoY
+0.5%
Returned to shareholders
386
460+19.3%
—
% of free cash flow
62.8%
74.6%
Dividends
151
160+6.2%
—
Buybacks
235
300+27.7%
—
Change in total debt
—
(123)
—
Cash left over
—
(314)
—
FCF conversion (FCF ÷ net income)
114.4%
103.4%−11.0 pp
—
Owner earnings
—
560
—
Owner earnings margin
—
24.1%
—
Buyback yield
1.5%
2.1%+0.7 pp
—
Returns & ratios
ROIC (all capital)
19.9%
20.3%+0.5 pp
—
ROIC (operating)
437.0%
351.2%−85.8 pp
—
Net debt / EBITDA
1.21x
1.10x−0.10x
—
Debt / equity
0.78x
0.63x−0.15x
—
ROE
28.1%
27.3%−0.8 pp
—
ROA
13.2%
13.9%+0.6 pp
—
ROCE
20.7%
19.8%−0.9 pp
—
NOPAT
578
620+7.2%
—
Invested capital (operating)
132
221+66.7%
—
Invested capital (all)
2,911
3,186+9.4%
—
Reinvestment rate
—
14.3%
—
Income
Aug '25
Nov '25
Feb '26
May '26
Revenue
597
608
611
623
vs year-ago quarter
Gross profit
308
320
314
311
Gross margin
51.6%
52.6%
51.4%
49.9%
Operating income
177
192
185
166
Net income
154
153
133
127
vs year-ago quarter
Net margin
25.7%
25.1%
21.8%
20.3%
EPS (diluted, $)
4.08
4.06
3.59
3.50
vs year-ago quarter
Balance sheet
Aug '25
Nov '25
Feb '26
May '26
Total assets
4,304
4,221
4,220
4,192
Cash & equivalents
369
285
277
294
Total debt
1,368
1,369
1,369
1,889
Shareholders’ equity
2,186
2,168
2,129
2,032
Cash flow
Aug '25
Nov '25
Feb '26
May '26
Operating cash flow
212
121
212
285
Capex
34
31
26
30
Free cash flow
178
90
186
254
vs year-ago quarter