Cash flow FactSet Research Systems, Inc.

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FDS

US3030751057

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Market Closed - Nyse Other stock markets 16:00:02 2024-09-11 EDT			5-day change	1st Jan Change
437.54 ^USD	-0.72%		+1.62%	-8.28%

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50.gbsizomMujQssh8x4AQ2nA5q-cz3YCcfE15ipM9P1Ww.zet4qsHC238awUhYjTJjw3k-rpO1BWJXYWcJ_Iw8gV7S-Ur24NP9RhvjKw

Published financial data: FACTSET RESEARCH SYSTEMS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2019	2020	2021	2022	2023
Revenues	1.44B	1.49B	1.59B	1.84B	2.09B
Total Revenues	1.44B	1.49B	1.59B	1.84B	2.09B
Cost of Goods Sold, Total	663M	695M	786M	871M	973M
Gross Profit	772M	799M	805M	973M	1.11B
Selling General & Admin Expenses, Total	334M	359M	331M	433M	457M
Other Operating Expenses, Total	334M	359M	331M	433M	457M
Operating Income	438M	440M	474M	540M	655M
Interest Expense, Total	-17.57M	-10.93M	-8.1M	-35.2M	-66.32M
Interest And Investment Income	1.5M	1.1M	1.71M	2.18M	12.81M
Net Interest Expenses	-16.07M	-9.83M	-6.39M	-33.02M	-53.51M
Other Non Operating Income (Expenses)	-	-2.7M	-30K	-2.37M	8.26M
EBT, Excl. Unusual Items	422M	427M	468M	504M	610M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-64.27M	-25.95M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	3.5M	-
EBT, Incl. Unusual Items	422M	427M	468M	444M	584M
Income Tax Expense	69.18M	54.2M	68.03M	46.68M	116M
Earnings From Continuing Operations	353M	373M	400M	397M	468M
Net Income to Company	353M	373M	400M	397M	468M
Net Income - (IS)	353M	373M	400M	397M	468M
Net Income to Common Incl Extra Items	353M	373M	400M	397M	468M
Net Income to Common Excl. Extra Items	353M	373M	400M	397M	468M
Per Share Items
Net EPS - Basic	9.25	9.83	10.56	10.48	12.26
Basic EPS - Continuing Operations	9.25	9.83	10.56	10.48	12.26
Basic Weighted Average Shares Outstanding	38.14M	37.94M	37.86M	37.86M	38.19M
Net EPS - Diluted	9.08	9.65	10.36	10.25	12.04
Diluted EPS - Continuing Operations	9.08	9.65	10.36	10.25	12.04
Diluted Weighted Average Shares Outstanding	38.87M	38.65M	38.57M	38.74M	38.9M
Normalized Basic EPS	6.91	7.04	7.72	8.33	9.98
Normalized Diluted EPS	6.78	6.91	7.58	8.14	9.8
Dividend Per Share	2.72	2.98	3.18	3.42	3.74
Payout Ratio	28.36	29.61	29.51	31.73	29.6
Supplemental Items
EBITDA	498M	497M	539M	626M	761M
EBITA	463M	465M	506M	602M	742M
EBIT	438M	440M	474M	540M	655M
EBITDAR	555M	558M	596M	677M	811M
Effective Tax Rate - (Ratio)	16.39	12.69	14.55	10.52	19.83
Current Domestic Taxes	54.08M	17.37M	40.63M	23.7M	77.22M
Current Foreign Taxes	17.38M	27.64M	32M	31.69M	69.68M
Total Current Taxes	71.45M	45.01M	72.63M	55.39M	147M
Deferred Domestic Taxes	1.6M	14.56M	-33K	-5.6M	-22.89M
Deferred Foreign Taxes	-3.87M	-5.37M	-4.57M	-3.12M	-8.23M
Total Deferred Taxes	-2.28M	9.19M	-4.6M	-8.72M	-31.12M
Normalized Net Income	264M	267M	292M	315M	381M
Interest on Long-Term Debt	19.8M	12.9M	8.1M	35.2M	66.28M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	215M	224M	250M	255M	267M
Net Rental Expense, Total	56.7M	60.9M	57.4M	50.3M	50.27M
Imputed Operating Lease Interest Expense	13.87M	7.32M	4.25M	9.17M	13.14M
Imputed Operating Lease Depreciation	42.83M	53.58M	53.15M	41.13M	37.13M
Stock-Based Comp., COGS (Total)	-	36.58M	45.06M	56M	62.04M
Stock-Based Comp., Other (Total)	32.4M	-	-	-	-
Total Stock-Based Compensation	32.4M	36.58M	45.06M	56M	62.04M

Fiscal Period: August	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	360M	586M	682M	503M	425M
Short Term Investments	25.81M	19.57M	35.98M	33.22M	32.21M
Trading Asset Securities, Total	-	-	-	10.62M	3.12M
Total Cash And Short Term Investments	386M	605M	718M	547M	461M
Accounts Receivable, Total	146M	155M	151M	204M	238M
Total Receivables	146M	155M	151M	204M	238M
Prepaid Expenses	51.37M	78.1M	63.16M	119M	70.43M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	520K	3.64M	1.38M	-	1.26M
Total Current Assets	584M	842M	934M	870M	770M
Gross Property Plant And Equipment	358M	659M	631M	507M	342M
Accumulated Depreciation	-226M	-277M	-261M	-266M	-114M
Net Property Plant And Equipment	133M	382M	370M	240M	228M
Long-term Investments	-	-	-	1.79M	-
Goodwill	686M	710M	754M	966M	1B
Other Intangibles, Total	121M	121M	135M	1.9B	1.86B
Deferred Tax Assets Long-Term	7.57M	-	2.25M	3.15M	27.23M
Other Long-Term Assets, Total	29.94M	28.63M	29.48M	36.96M	73.68M
Total Assets	1.56B	2.08B	2.22B	4.01B	3.96B
Liabilities
Accounts Payable, Total	76.04M	80.14M	82.64M	100M	121M
Accrued Expenses, Total	64.2M	81.87M	104M	115M	113M
Current Portion of Long-Term Debt	-	1.86M	1.93M	-	-
Current Portion of Leases	-	29.06M	31.58M	29.18M	28.84M
Current Income Taxes Payable	-	-	-	-	31.01M
Unearned Revenue Current, Total	47.66M	53.99M	63.1M	152M	152M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	31.02M	29.38M	32.05M	42.17M	37.87M
Total Current Liabilities	219M	276M	316M	438M	484M
Long-Term Debt	574M	578M	576M	1.98B	1.61B
Long-Term Leases	-	272M	260M	209M	198M
Unearned Revenue Non Current	10.09M	9.32M	8.39M	7.21M	3.73M
Deferred Tax Liability Non Current	16.39M	19.71M	14.75M	8.8M	6.74M
Other Non Current Liabilities	68.3M	31.25M	34.18M	37.55M	37.19M
Total Liabilities	888M	1.19B	1.21B	2.68B	2.34B
Common Stock, Total	401K	408K	412K	417K	421K
Additional Paid In Capital	807M	939M	1.05B	1.19B	1.32B
Retained Earnings	373M	633M	913M	1.18B	1.51B
Treasury Stock	-434M	-637M	-906M	-931M	-1.12B
Comprehensive Income and Other	-74.54M	-39.29M	-38.96M	-108M	-87.14M
Total Common Equity	672M	896M	1.02B	1.33B	1.62B
Total Equity	672M	896M	1.02B	1.33B	1.62B
Total Liabilities And Equity	1.56B	2.08B	2.22B	4.01B	3.96B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	37.94M	37.99M	37.64M	38.08M	37.99M
ECS Total Common Shares Outstanding	38.12M	38.03M	37.62M	38.04M	38.03M
Book Value / Share	17.64	23.57	27.02	35	42.6
Tangible Book Value	-134M	65.58M	127M	-1.53B	-1.24B
Tangible Book Value Per Share	-3.52	1.72	3.38	-40.22	-32.72
Total Debt	574M	881M	869M	2.22B	1.84B
Net Debt	189M	276M	151M	1.67B	1.38B
Debt Equivalent Oper. Leases	454M	487M	459M	402M	402M
Account Code - Inventory Valuation	3	3	3	-	3
Machinery, Total	203M	184M	194M	163M	103M
Full Time Employees	9.68K	10.48K	10.89K	11.2K	12.24K
Accumulated Allowance for Doubtful Accounts (Supple)	10.51M	7.99M	6.43M	2.78M	7.77M

Fiscal Period: August	2019	2020	2021	2022	2023
Net Income	353M	373M	400M	397M	468M
Depreciation & Amortization - CF	35.54M	75.4M	75.82M	67.32M	50.43M
Amortization of Goodwill and Intangible Assets - (CF)	24.92M	25.4M	31.5M	62.4M	87.3M
Depreciation & Amortization, Total	60.46M	101M	107M	130M	138M
(Gain) Loss From Sale Of Asset	196K	172K	-	-	-
Asset Writedown & Restructuring Costs	-	16.5M	-	64.27M	25.95M
Stock-Based Compensation (CF)	32.4M	36.58M	45.06M	56M	62.04M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	-2.28M	10.63M	-4.6M	-8.72M	-31.12M
Change In Accounts Receivable	10.2M	-8.61M	3.65M	-32.98M	-40.1M
Change In Accounts Payable	-2.29M	12.43M	2.07M	12.82M	8.39M
Change in Unearned Revenues	458K	5.57M	5.08M	-6.1M	-3.39M
Change In Income Taxes	-19.24M	-24.22M	26.3M	-19.28M	41.4M
Change in Other Net Operating Assets	-5.57M	-16.94M	-29.24M	-54.38M	-23.49M
Cash from Operations	427M	506M	555M	538M	646M
Capital Expenditure	-59.37M	-77.64M	-61.32M	-51.16M	-60.79M
Cash Acquisitions	-	-	-58.06M	-1.98B	-23.59M
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	3.27M	4.01M	-16.61M	-878K	-11.01M
Cash from Investing	-56.1M	-73.63M	-136M	-2.03B	-95.39M
Long-Term Debt Issued, Total	575M	-	-	2.24B	-
Total Debt Issued	575M	-	-	2.24B	-
Long-Term Debt Repaid, Total	-575M	-	-	-825M	-375M
Total Debt Repaid	-575M	-	-	-825M	-375M
Issuance of Common Stock	107M	95.52M	64.18M	86.05M	72.01M
Repurchase of Common Stock	-220M	-200M	-265M	-18.64M	-177M
Common Dividends Paid	-100M	-110M	-118M	-126M	-139M
Common & Preferred Stock Dividends Paid	-100M	-110M	-118M	-126M	-139M
Other Financing Activities, Total	-901K	-3.53M	-4.26M	-15.6M	-13.71M
Cash from Financing	-214M	-218M	-323M	1.34B	-632M
Foreign Exchange Rate Adjustments	-5.59M	11.67M	-263K	-22.43M	4.02M
Net Change in Cash	151M	226M	96.26M	-179M	-77.83M
Supplemental Items
Cash Interest Paid	19.51M	12.88M	8.02M	29.52M	76.52M
Cash Income Tax Paid (Refund)	90M	69.09M	46.59M	76.25M	91.17M
Levered Free Cash Flow	289M	316M	440M	469M	567M
Unlevered Free Cash Flow	300M	322M	445M	491M	609M
Change In Net Working Capital	7.38M	12.1M	-57.84M	-19.4M	-60.19M
Net Debt Issued / Repaid	0	-	-	1.41B	-375M

Fiscal Period: August	2019	2020	2021	2022	2023
Profitability
Return on Assets	18.38	15.08	13.75	10.81	10.27
Return on Total Capital	23.33	18.17	16.18	12.41	11.68
Return On Equity %	58.89	47.55	41.78	33.81	31.73
Return on Common Equity	58.89	47.55	41.78	33.81	31.73
Margin Analysis
Gross Profit Margin %	53.78	53.45	50.59	52.76	53.33
SG&A Margin	23.26	24.03	20.8	23.48	21.92
EBITDA Margin %	34.73	33.28	33.84	33.97	36.47
EBITA Margin %	32.25	31.13	31.77	32.66	35.6
EBIT Margin %	30.52	29.43	29.79	29.27	31.41
Income From Continuing Operations Margin %	24.58	24.96	25.11	21.53	22.45
Net Income Margin %	24.58	24.96	25.11	21.53	22.45
Net Avail. For Common Margin %	24.58	24.96	25.11	21.53	22.45
Normalized Net Income Margin	18.37	17.87	18.36	17.1	18.28
Levered Free Cash Flow Margin	20.13	21.12	27.66	25.45	27.2
Unlevered Free Cash Flow Margin	20.89	21.58	27.97	26.65	29.18
Asset Turnover
Asset Turnover	0.96	0.82	0.74	0.59	0.52
Fixed Assets Turnover	12.32	5.96	4.23	6.04	8.91
Receivables Turnover (Average Receivables)	9.48	9.92	10.39	10.38	9.44
Short Term Liquidity
Current Ratio	2.67	3.05	2.96	1.99	1.59
Quick Ratio	2.43	2.75	2.75	1.71	1.44
Operating Cash Flow to Current Liabilities	1.95	1.83	1.76	1.23	1.33
Days Sales Outstanding (Average Receivables)	38.52	36.91	35.11	35.16	38.66
Average Days Payable Outstanding	40.26	41.1	37.78	38.28	41.5
Long Term Solvency
Total Debt/Equity	85.41	98.32	85.51	166.76	113.58
Total Debt / Total Capital	46.07	49.58	46.09	62.51	53.18
LT Debt/Equity	85.41	94.88	82.21	164.57	111.8
Long-Term Debt / Total Capital	46.07	47.84	44.32	61.69	52.35
Total Liabilities / Total Assets	56.91	56.98	54.32	66.83	59.12
EBIT / Interest Expense	24.93	40.23	58.52	15.33	9.88
EBITDA / Interest Expense	28.37	51.07	73.57	19.23	12.23
(EBITDA - Capex) / Interest Expense	24.99	43.97	66	17.77	11.31
Total Debt / EBITDA	1.15	1.58	1.46	3.28	2.27
Net Debt / EBITDA	0.38	0.49	0.25	2.47	1.7