Bright Horizons Family Solutions IncBright Horizons Family Solutions Inc
Bright Horizons Family Solutions Inc

Bright Horizons Family Solutions Inc

BFAM
Consumer Discretionary·Diversified Consumer Services

Bright Horizons Family Solutions, Inc. engages in the provision of early education and childcare, family care solutions, and workforce education services. It operates through the following segments: Full-Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full-Service Center-Based Child Care segment consists of traditional center-based early education and childcare, preschool, and elementary education. The Back-Up Care segment deals with center-based back-up childcare, in-home care for children and adult or elder dependents, school-age camps, tutoring, pet care, and self-sourced reimbursed care. The Educational Advisory Services segment is involved in tuition assistance and student loan repayment program management, workforce education, related educational advising, college advisory services, and Sittercity, an online marketplace for families and caregivers. The company was founded by Roger H. Brown and Linda A. Mason in 1986 and is headquartered in Newton, MA.

Massachusetts; U.S.A
Market cap
$3.3BNo data
Revenue
$2.9B+9.2% YoY
Net income
$193.1M+37.8% YoY
Free cash flow
$258.5M+7.7% YoY

Market

Listed stock
BFAMPriceNYSE
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Financial performance

Revenue
$2.9B+9.2% YoY
Operating income
$314.7M+27.6% YoY
Net income
$193.1M+37.8% YoY
Free cash flow
$258.5M+7.7% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $1.8B, 2022 $2B, 2023 $2.4B, 2024 $2.7B, 2025 $2.9B. Operating income: 2021 $129M, 2022 $157.6M, 2023 $171.2M, 2024 $246.6M, 2025 $314.7M. Net income: 2021 $70.5M, 2022 $80.6M, 2023 $74.2M, 2024 $140.2M, 2025 $193.1M. Free cash flow: 2021 $163.8M, 2022 $117.9M, 2023 $165.1M, 2024 $240.2M, 2025 $258.5M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
9.2%−185 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-31 $129M, 2022-12-31 $157.6M, 2023-12-31 $171.2M, 2024-12-31 $246.6M, 2025-12-31 $314.7M. Net income: 2021-12-31 $70.5M, 2022-12-31 $80.6M, 2023-12-31 $74.2M, 2024-12-31 $140.2M, 2025-12-31 $193.1M. Free cash flow: 2021-12-31 $163.8M, 2022-12-31 $117.9M, 2023-12-31 $165.1M, 2024-12-31 $240.2M, 2025-12-31 $258.5M

Growth heatmap

2022202320242025CAGR
Revenue
+15.1%
+19.7%
+11.1%
+9.2%
+13.7%
Gross profit
+15.3%
+11.1%
+16.5%
+12.5%
+13.8%
Operating income
+22.1%
+8.7%
+44.0%
+27.6%
+25.0%
Free cash flow
-28.0%
+40.0%
+45.4%
+7.7%
+12.1%

Earnings quality

Operating cash flow
$350.7M+3.9% YoY
Net income
$193.1M+37.8% YoY
Free cash flow
$258.5M+7.7% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 182%, 2024-12-31 241%, 2023-12-31 345%, 2022-12-31 234%, 2021-12-31 323%. Free cash flow: 2025-12-31 134%, 2024-12-31 171%, 2023-12-31 222%, 2022-12-31 146%, 2021-12-31 232%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
No data
No data
No data
Free cash flow yield
No data
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No data
No data