Factset Research Systems IncFactset Research Systems Inc
Factset Research Systems Inc

Factset Research Systems Inc

FDS
Financials·Financial Services

FactSet Research Systems Inc. (the "Company" or "FactSet") is a global financial digital platform and enterprise solutions provider with open and flexible technologies that aims to supercharge financial intelligence. Since inception, global financial professionals have utilized the company's content and multi-asset class solutions across each stage of the investment process. FactSet's goal is to provide a seamless user experience spanning idea generation, research, portfolio construction, trade execution, performance measurement, risk management, reporting, and portfolio analysis, in which the company serves the front, middle, and back offices to drive productivity and improved performance. FactSet's flexible, open data and technology solutions can be implemented both across the investment portfolio lifecycle or as standalone components serving different workflows in the organization. FactSet is focused on growing the business throughout each of its three segments, the Americas, EMEA (formerly known as Europe), and Asia Pacific. FactSet revised its internal organization within each segment to offer data, products and analytical applications by firm type: Institutional Buyside, Dealmakers, Wealth, and Partnerships and CGS. The company believes organization by firm type better aligns with its clients, the long-term view of its business and commitment to investing for growth and efficiency. FactSet currently serves financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet provides both insights on global market trends and intelligence on companies and industries, as well as capabilities to monitor portfolio risk and performance and to execute trades. The company combines dedicated client service with open and flexible technology offerings, such as a configurable desktop and mobile platform, comprehensive data feeds, an open marketplace and digital portals and application programming interfaces ("APIs"). The company’s revenue is primarily derived from subscriptions to products and services such as workstations, analytics, enterprise data, and research management. FactSet Research Systems was founded by Howard E. Wille and Charles J. Snyder in September 1978 and is headquartered in Norwalk, CT.

Connecticut; U.S.A
Market cap
No dataNo data
Revenue
$2.3B+5.4% YoY
Net income
$597M+11.2% YoY
Free cash flow
$617.5M+0.5% YoY

Market

Listed stock
FDSPriceNYSE
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Financial performance

Revenue
$2.3B+5.4% YoY
Operating income
$748.3M+6.7% YoY
Net income
$597M+11.2% YoY
Free cash flow
$617.5M+0.5% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $1.6B, 2022 $1.8B, 2023 $2.1B, 2024 $2.2B, 2025 $2.3B. Operating income: 2021 $474M, 2022 $475.5M, 2023 $629.2M, 2024 $701.3M, 2025 $748.3M. Net income: 2021 $399.6M, 2022 $396.9M, 2023 $468.2M, 2024 $537.1M, 2025 $597M. Free cash flow: 2021 $493.9M, 2022 $487.1M, 2023 $584.8M, 2024 $614.7M, 2025 $617.5M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
5.4%−25 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: 2021-08-31 $474M, 2022-08-31 $475.5M, 2023-08-31 $629.2M, 2024-08-31 $701.3M, 2025-08-31 $748.3M. Net income: 2021-08-31 $399.6M, 2022-08-31 $396.9M, 2023-08-31 $468.2M, 2024-08-31 $537.1M, 2025-08-31 $597M. Free cash flow: 2021-08-31 $493.9M, 2022-08-31 $487.1M, 2023-08-31 $584.8M, 2024-08-31 $614.7M, 2025-08-31 $617.5M

Growth heatmap

2022202320242025CAGR
Revenue
+15.9%
+13.1%
+5.6%
+5.4%
+9.9%
Gross profit
+20.8%
+14.3%
+7.1%
+2.8%
+11.0%
Operating income
+0.3%
+32.3%
+11.5%
+6.7%
+12.1%
Free cash flow
-1.4%
+20.0%
+5.1%
+0.5%
+5.7%

Earnings quality

Operating cash flow
$726.3M+3.7% YoY
Net income
$597M+11.2% YoY
Free cash flow
$617.5M+0.5% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-08-31 122%, 2024-08-31 130%, 2023-08-31 138%, 2022-08-31 136%, 2021-08-31 139%. Free cash flow: 2025-08-31 103%, 2024-08-31 114%, 2023-08-31 125%, 2022-08-31 123%, 2021-08-31 124%. Reference line: Net income = 100% at 100%.

Per-share economics

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

Cash & equivalents
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Total debt
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Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
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Return on assets
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Return on invested capital
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Asset turnover
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Return on capital

No data

Valuation

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