FDS FY 2024 Earnings Report — FactSet Research Systems Inc. Revenue & Financial Results | Market Cap Arena

FactSet Research Systems Inc.FDS

FY 2024 Earnings

Reported October 29, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$2.2B	—	$2.1B	—	5.6%
Op. Income	$701M	—	$630M	—	11.3%
Gross Margin	54.1%	—	53.3%	—	0.7pp
Net Margin	24.4%	—	22.4%	—	1.9pp
EPS (Diluted)	$13.91	—	$12.04	—	15.5%
Free Cash Flow	$615M	—	$585M	—	5.1%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.0B
GROSS PROFIT	$1.2B
R&D Expenses	$266M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$213M
Other Expenses	$10M
Operating Expenses	$490M
Cost & Expenses	$1.5B
OPERATING INCOME	$701M
Interest Income	$14M
Interest Expense	$66M
Other Income/Expenses	-$50M
INCOME BEFORE TAX	$652M
Income Tax Expense	$114M
Net Income from Continuing Ops	$537M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$537M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$537M
D&A	$156M
EBIT	$717M
EBITDA	$873M
EPS	$14
EPS Diluted	$14

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.0B
GROSS PROFIT	$1.2B
R&D Expenses	$266M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$213M
Other Expenses	$10M
Operating Expenses	$490M
Cost & Expenses	$1.5B
OPERATING INCOME	$701M
Interest Income	$14M
Interest Expense	$66M
Other Income/Expenses	-$50M
INCOME BEFORE TAX	$652M
Income Tax Expense	$114M
Net Income from Continuing Ops	$537M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$537M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$537M
D&A	$156M
EBIT	$717M
EBITDA	$873M
EPS	$14
EPS Diluted	$14

Cash Flow Statement

Item	Amount
Net Income	$537M
Depreciation & Amortization	$156M
Stock-Based Compensation	$64M
Deferred Income Tax	-$32M
Other Non-Cash Items	$5M
Change in Working Capital	-$29M
OPERATING CASH FLOW	$700M
Capital Expenditure	-$86M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$59M
NET CASH FROM INVESTING	-$144M
Net Debt Issuance	-$250M
Common Stock Repurchased	-$235M
Common Dividends Paid	-$151M
Other Financing Activities	$75M
NET CASH FROM FINANCING	-$561M
FREE CASH FLOW	$615M
Net Change in Cash	-$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$423M
Short-Term Investments	$70M
Net Receivables	$228M
Inventory	$0
Other Current Assets	$60M
TOTAL CURRENT ASSETS	$836M
PP&E (Net)	$213M
Goodwill	$1.0B
Intangible Assets	$1.8B
Long-Term Investments	$0
Tax Assets	$61M
Other Non-Current Assets	$90M
TOTAL NON-CURRENT ASSETS	$3.2B
TOTAL ASSETS	$4.1B
Account Payables	$178M
Short-Term Debt	$125M
Deferred Revenue	$160M
Other Current Liabilities	$93M
TOTAL CURRENT LIABILITIES	$667M
Long-Term Debt	$1.2B
Deferred Revenue NC	$1M
Deferred Tax Liabilities	$8M
Other Non-Current Liabilities	$47M
TOTAL NON-CURRENT LIABILITIES	$1.5B
TOTAL LIABILITIES	$2.1B
Common Stock	$426.0K
Additional Paid-In Capital	$1.5B
Retained Earnings	$1.9B
Treasury Stock	-$1.4B
Accum. Other Comp. Income	-$80M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$4.1B
Total Debt	$1.6B
Net Debt	$1.2B