SEIC FY 2024 Earnings Report — SEI Investments Company Revenue & Financial Results | Market Cap Arena

SEI Investments CompanySEIC

FY 2024 Earnings

Reported February 20, 2025

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	$2.1B	—	$1.9B	—	10.7%
Op. Income	$552M	—	$425M	—	30.0%
Gross Margin	53.1%	—	51.3%	—	1.8pp
Net Margin	27.3%	—	24.1%	—	3.3pp
EPS (Diluted)	$4.41	—	$3.46	—	27.5%
Free Cash Flow	$566M	—	$388M	—	45.7%

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$997M
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$270M
SG&A Expenses	$270M
Other Expenses	$306M
Operating Expenses	$577M
Cost & Expenses	$1.6B
OPERATING INCOME	$552M
Interest Income	$49M
Interest Expense	$563.0K
Other Income/Expenses	$195M
INCOME BEFORE TAX	$747M
Income Tax Expense	$166M
Net Income from Continuing Ops	$581M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$581M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$581M
D&A	$75M
EBIT	$747M
EBITDA	$823M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$997M
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$270M
SG&A Expenses	$270M
Other Expenses	$306M
Operating Expenses	$577M
Cost & Expenses	$1.6B
OPERATING INCOME	$552M
Interest Income	$49M
Interest Expense	$563.0K
Other Income/Expenses	$195M
INCOME BEFORE TAX	$747M
Income Tax Expense	$166M
Net Income from Continuing Ops	$581M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$581M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$581M
D&A	$75M
EBIT	$747M
EBITDA	$823M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$581M
Depreciation & Amortization	$75M
Stock-Based Compensation	$59M
Deferred Income Tax	-$14M
Other Non-Cash Items	-$20M
Change in Working Capital	-$59M
OPERATING CASH FLOW	$622M
Capital Expenditure	-$57M
Acquisitions (Net)	-$39M
Purchases of Investments	-$177M
Sales/Maturities of Investments	$153M
Other Investing Activities	-$22M
NET CASH FROM INVESTING	-$117M
Net Debt Issuance	$0
Common Stock Repurchased	-$500M
Common Dividends Paid	-$120M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$494M
FREE CASH FLOW	$566M
Net Change in Cash	$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$840M
Short-Term Investments	$30M
Net Receivables	$622M
Inventory	$0
Other Current Assets	$61M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$189M
Goodwill	$170M
Intangible Assets	$313M
Long-Term Investments	$316M
Tax Assets	$52M
Other Non-Current Assets	$93M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$2.7B
Account Payables	$13M
Short-Term Debt	$0
Deferred Revenue	$12M
Other Current Liabilities	$138M
TOTAL CURRENT LIABILITIES	$381M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$28M
TOTAL NON-CURRENT LIABILITIES	$52M
TOTAL LIABILITIES	$432M
Common Stock	$1M
Additional Paid-In Capital	$1.5B
Retained Earnings	$758M
Treasury Stock	$0
Accum. Other Comp. Income	-$47M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.3B
Minority Interest	$0
TOTAL EQUITY	$2.3B
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$32M
Net Debt	-$808M