FDS FY 2019 Earnings Report — FactSet Research Systems Inc. Revenue & Financial Results | Market Cap Arena

FactSet Research Systems Inc.FDS

FY 2019 Earnings

Reported October 30, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.4B	—	6.3%
Op. Income	$438M	—	$366M	—	19.6%
Gross Margin	53.8%	—	51.2%	—	2.6pp
Net Margin	24.6%	—	19.8%	—	4.8pp
EPS (Diluted)	$9.08	—	$6.78	—	33.9%
Free Cash Flow	$368M	—	$352M	—	4.4%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$663M
GROSS PROFIT	$772M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$334M
Other Expenses	$0
Operating Expenses	$334M
Cost & Expenses	$997M
OPERATING INCOME	$438M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$422M
Income Tax Expense	$69M
Net Income from Continuing Ops	$353M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$353M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$353M
D&A	$60M
EBIT	$439M
EBITDA	$498M
EPS	$9
EPS Diluted	$9

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$663M
GROSS PROFIT	$772M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$334M
Other Expenses	$0
Operating Expenses	$334M
Cost & Expenses	$997M
OPERATING INCOME	$438M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$422M
Income Tax Expense	$69M
Net Income from Continuing Ops	$353M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$353M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$353M
D&A	$60M
EBIT	$439M
EBITDA	$498M
EPS	$9
EPS Diluted	$9

Cash Flow Statement

Item	Amount
Net Income	$353M
Depreciation & Amortization	$60M
Stock-Based Compensation	$32M
Deferred Income Tax	-$2M
Other Non-Cash Items	$196.0K
Change in Working Capital	-$16M
OPERATING CASH FLOW	$427M
Capital Expenditure	-$59M
Acquisitions (Net)	-$3M
Purchases of Investments	-$11M
Sales/Maturities of Investments	$14M
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$56M
Net Debt Issuance	$0
Common Stock Repurchased	-$220M
Common Dividends Paid	-$100M
Other Financing Activities	$106M
NET CASH FROM FINANCING	-$214M
FREE CASH FLOW	$368M
Net Change in Cash	$151M

Balance Sheet

Item	Amount
Cash & Equivalents	$360M
Short-Term Investments	$26M
Net Receivables	$146M
Inventory	$0
Other Current Assets	$37M
TOTAL CURRENT ASSETS	$584M
PP&E (Net)	$121M
Goodwill	$686M
Intangible Assets	$121M
Long-Term Investments	$0
Tax Assets	$8M
Other Non-Current Assets	$30M
TOTAL NON-CURRENT ASSETS	$965M
TOTAL ASSETS	$1.6B
Account Payables	$76M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$79M
TOTAL CURRENT LIABILITIES	$219M
Long-Term Debt	$574M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$95M
TOTAL NON-CURRENT LIABILITIES	$669M
TOTAL LIABILITIES	$888M
Common Stock	$401.0K
Additional Paid-In Capital	$807M
Retained Earnings	$373M
Treasury Stock	-$434M
Accum. Other Comp. Income	-$75M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$672M
Minority Interest	$0
TOTAL EQUITY	$672M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$574M
Net Debt	$214M