FDS FY 2020 Earnings Report — FactSet Research Systems Inc. Revenue & Financial Results | Market Cap Arena

FactSet Research Systems Inc.FDS

FY 2020 Earnings

Reported October 29, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$1.5B	—	$1.4B	—	4.1%
Op. Income	$440M	—	$438M	—	0.4%
Gross Margin	53.5%	—	53.8%	—	-0.3pp
Net Margin	25.0%	—	24.6%	—	0.4pp
EPS (Diluted)	$9.65	—	$9.08	—	6.3%
Free Cash Flow	$428M	—	$368M	—	16.4%

Revenue Flow

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$695M
GROSS PROFIT	$799M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$343M
Other Expenses	$17M
Operating Expenses	$359M
Cost & Expenses	$1.1B
OPERATING INCOME	$440M
Interest Income	$0
Interest Expense	$10M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$427M
Income Tax Expense	$54M
Net Income from Continuing Ops	$373M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$373M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$373M
D&A	$101M
EBIT	$437M
EBITDA	$540M
EPS	$10
EPS Diluted	$10

Income Statement

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$695M
GROSS PROFIT	$799M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$343M
Other Expenses	$17M
Operating Expenses	$359M
Cost & Expenses	$1.1B
OPERATING INCOME	$440M
Interest Income	$0
Interest Expense	$10M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$427M
Income Tax Expense	$54M
Net Income from Continuing Ops	$373M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$373M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$373M
D&A	$101M
EBIT	$437M
EBITDA	$540M
EPS	$10
EPS Diluted	$10

Cash Flow Statement

Item	Amount
Net Income	$373M
Depreciation & Amortization	$58M
Stock-Based Compensation	$37M
Deferred Income Tax	$11M
Other Non-Cash Items	$171.0K
Change in Working Capital	$28M
OPERATING CASH FLOW	$506M
Capital Expenditure	-$78M
Acquisitions (Net)	-$1.0K
Purchases of Investments	-$3M
Sales/Maturities of Investments	$7M
Other Investing Activities	$1.0K
NET CASH FROM INVESTING	-$74M
Net Debt Issuance	$0
Common Stock Repurchased	-$200M
Common Dividends Paid	-$110M
Other Financing Activities	$92M
NET CASH FROM FINANCING	-$218M
FREE CASH FLOW	$428M
Net Change in Cash	$226M

Balance Sheet

Item	Amount
Cash & Equivalents	$586M
Short-Term Investments	$20M
Net Receivables	$155M
Inventory	$0
Other Current Assets	$44M
TOTAL CURRENT ASSETS	$842M
PP&E (Net)	$382M
Goodwill	$710M
Intangible Assets	$121M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$29M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$2.1B
Account Payables	$82M
Short-Term Debt	$0
Deferred Revenue	$54M
Other Current Liabilities	$82M
TOTAL CURRENT LIABILITIES	$276M
Long-Term Debt	$578M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$60M
TOTAL NON-CURRENT LIABILITIES	$909M
TOTAL LIABILITIES	$1.2B
Common Stock	$408.0K
Additional Paid-In Capital	$939M
Retained Earnings	$633M
Treasury Stock	-$637M
Accum. Other Comp. Income	-$39M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$898M
Minority Interest	$0
TOTAL EQUITY	$898M
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$876M
Net Debt	$290M