BROADRIDGE FINANCIAL SOLUTIONS, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BROADRIDGE FINANCIAL SOLUTIONS, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	4,143	4,330	4,362	4,529	4,994	5,709	6,061	6,507	6,889	7,477
Cost of revenue	3,110	3,170	3,132	3,265	3,571	4,117	4,276	4,573	4,752	5,101
Gross profit	1,033	1,163	1,230	1,264	1,423	1,592	1,785	1,934	2,137	2,376
Selling, general and administrative	501	565	578	639	744	832	849	917	948	1,076
Operating income	532	598	653	625	679	760	936	1,017	1,189	1,301
Interest expense	44.7	42.4	45.9	62.5	57.5	87.7	144	150	136	112
Interest income	2	3.8	4.2	3.7	2.2	3	8.2	12.1	13.1	11.9
Other non-operating income	3.2	-1.5	-3.7	13.4	72.7	-3	-6	-1.7	-7.1	245
Pre-tax income	488	561	607	492	604	610	711	716	904	1,282
Income tax	161	133	125	117	149	133	164	179	219	322
Net income	327	428	482	463	548	539	631	698	840	1,124
EBITDA	600	680	738	699	746	842	1,021	1,137	1,319	1,438
EPS, basic	2.77	3.66	4.16	4.03	4.73	4.62	5.36	5.93	7.17	9.67
EPS, diluted	2.70	3.56	4.06	3.95	4.65	4.55	5.30	5.86	7.10	9.60
Shares, basic (weighted)	118	117	116	115	116	117	118	118	117	116
Shares, diluted (weighted)	121	120	119	117	118	119	119	119	118	117
Dividend per share	1.32	1.46	1.94	2.16	2.30	2.56	2.90	3.20	3.52	3.90

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	271	264	273	477	275	225	252	304	562	403
Short-term investments		0.1	0.4	0.5	0.7	0.6	0.7	0.8	0.7	0.9
Inventory	17.2	18.5	21.1	21.5	23.2	29.3	34.1	30.5	32.1	35.1
Other current assets	129	112	105	140	166	157	166	171	179	216
Total current assets	990	991	1,042	1,328	1,261	1,328	1,393	1,541	1,817	1,748
Property, plant and equipment	198	204	189	162	177	151	146	162	170	174
Lease right-of-use assets				293	262	223	198	186	176	229
Goodwill	1,159	1,255	1,500	1,675	3,720	3,485	3,462	3,469	3,610	3,788
Intangible assets	486	494	556	584	1,425	1,077	1,467	1,307	1,277	1,200
Long-term investments	63.4	80.3	100	142	194	222	242	271	299	391
Other non-current assets	316	361	593	1,142	763	895	829	871	828	1,216
Total assets	3,150	3,305	3,881	4,890	8,120	8,169	8,233	8,242	8,545	8,945
Accounts payable	167	156	134	152	249	245	157	314	220	150
Accrued liabilities	221	233	232	260	344	348	336	354	373	372
Deferred revenue	82.4	106	90.9	111	185	199	200	227	249	277
Short-term debt	0		0	400	0	0	1,179	0	499	0
Total current liabilities	745	777	803	1,341	1,288	1,313	2,398	1,422	1,861	1,415
Long-term debt	1,102	1,053	1,470	1,388	3,888	3,793	2,235	3,355	2,753	3,255
Lease liabilities				288	263	228	199	184	170	224
Other non-current liabilities	143	247	233	512	537	482	476	551	586	736
Total liabilities	2,146	2,210	2,753	3,543	6,311	6,250	5,993	6,074	5,890	6,105
Total debt	1,102	1,053	1,470	1,788	3,888	3,793	3,413	3,355	3,252	3,255
Paid-in capital	988	1,049	1,109	1,179	1,246	1,345	1,437	1,553	1,663	1,771
Retained earnings	1,469	1,727	2,088	2,303	2,584	2,824	3,113	3,435	3,863	4,554
Treasury stock	-1,399	-1,631	-2,000	-2,036	-2,031	-2,025	-2,026	-2,489	-2,599	-3,202
Other comprehensive income	-55.8	-51.9	-71.2	-100	9.2	-226	-285	-332	-273	-284
Shareholders' equity	1,004	1,094	1,128	1,347	1,809	1,919	2,241	2,168	2,655	2,841
Total equity	1,004	1,094	1,128	1,347	1,809	1,919	2,241	2,168	2,655	2,841
Total liabilities and equity	3,150	3,305	3,881	4,890	8,120	8,169	8,233	8,242	8,545	8,945
Shares outstanding	117	116	114	115	116	117	118	117	117	114

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	327	428	482	463	548	539	631	698	840	1,124
Depreciation and amortization	68.6	82.1	85.2	73.8	67.4	82.4	84.4	120	131	138
Stock-based compensation	46.1	55.1	58.4	60.8	58.6	68.4	73.1	70.6	73.4	93.9
Deferred income tax	-14.7	-9.3	-3.5	29	52	50.7	-50.8	-120	-5.2	106
Change in receivables	-44.4	-18.6	-34.9	-33.5	-42.4	-85.4	19.6	-37.4	31.8	-19.6
Change in payables	16.2	43	-10.9	58.6	144	-26.7	-105	137	-147	-86.5
Cash from operations	516	694	617	598	640	444	823	1,056	1,171	1,346
Capital expenditures	-85.4	-76.7	-50.6	-62.7	-51.9	-29	-38.4	-57.4	-43.8	-67.2
Acquisitions	-449	-108	-355	-339	-2,604	-13.3	0	-34.3	-194	-283
Cash from investing	-659	-249	-434	-442	-2,654	-110	-80.4	-148	-316	-452
Debt issued	500	340	803	1,622	4,325	670	990	1,023	1,238	2,017
Debt repaid	-415	-390	-387	-1,293	-2,231	-766	-1,375	-1,083	-1,343	-2,016
Stock issued	60.9	52	31.1	41.8	35.3	60.2	43.1	72.4	62.3	22.3
Share buybacks	-343	-277	-398	-69.3	-21.5	-22.8	-24.3	-485	-135	-604
Dividends paid	-152	-166	-211	-241	-262	-291	-331	-368	-402	-444
Cash from financing	-312	-450	-173	51.2	1,798	-371	-715	-856	-601	-1,049
Exchange rate effect	-1.6	-1.6	-1.1	-4.3	13.8	-12.2	-0.6	-0.6	2.8	-3.7
Net change in cash	-457	-7.2	9.2	203	-202	-49.9	27.6	52.1	257	-159
Free cash flow	431	617	566	536	588	415	785	999	1,128	1,278
Interest paid	43.1	40.5	43.4	58.5	56	82.3	137	143	132	103
Income taxes paid	113	178	120	101	98	77.4	180	240	280	204

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $163.77 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	31.8%	Gross profit / revenue.
Operating margin	17.4%	Operating income / revenue.
EBITDA margin	19.2%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	17.1%	Pre-tax income / revenue.
Net margin	15.0%	Net income / revenue.
FCF margin	17.1%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	18.0%	Cash from operations / revenue.
Effective tax rate	25.1%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	40.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	12.9%	Net income / average total assets.
Return on invested capital (ROIC)	17.7%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	14.4%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	1.3%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.9%	Capital expenditures / revenue.
D&A / revenue	1.8%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	8.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	7.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	8.4%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	11.2%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	10.0%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	10.8%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	9.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	11.6%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	13.9%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	9.0%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	12.1%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	14.0%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	33.9%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	21.3%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	15.5%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	35.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	21.9%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	15.6%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	14.9%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	17.8%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	16.0%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	13.4%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	17.7%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	16.8%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	10.8%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	10.4%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	11.1%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	7.0%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	8.2%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	9.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	4.7%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	2.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	2.0%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-1.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.5%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-0.1%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.24x	Current assets / current liabilities.
Quick ratio	0.29x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.29x	(Cash + short-term investments) / current liabilities.
Debt / equity	1.15x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	36.4%	Total debt / total assets.
Liabilities / assets	68.2%	Total liabilities / total assets.
Net debt	$2.85B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	1.98x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	11.6x	Operating income / interest expense.
Working capital	$333.3M	Current assets - current liabilities.
Goodwill and intangibles / assets	55.8%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$2.15B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.85x	Revenue / average total assets.
Fixed asset turnover	43.4x	Revenue / average property, plant and equipment.
Inventory turnover	152x	Cost of revenue / average inventory.
Days inventory	2 days	365 x average inventory / cost of revenue.
Days payables	13 days	365 x average accounts payable / cost of revenue.
FCF conversion	113.7%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	5.0%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$9.60	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$9.67	Net income per basic share, as reported (split-adjusted).
Revenue per share	$63.85	Revenue / diluted weighted shares.
FCF per share	$10.92	Free cash flow / diluted weighted shares.
Operating cash flow per share	$11.49	Cash from operations / diluted weighted shares.
Book value per share	$24.92	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$18.84	Tangible book value / shares outstanding.
Cash per share	$3.54	(Cash + short-term investments) / shares outstanding.
Dividend per share	$3.90	Dividend declared per common share (paid, when declared is not tagged).
Payout ratio	39.4%	Dividends paid / net income, when net income is positive.
Dividends / FCF	34.7%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	47.2%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$18.67B	Share price x shares outstanding.
Enterprise value	$21.52B	Market cap + total debt - cash - short-term investments.
P/E	16.6x	Market cap / net income. Only when net income is positive.
P/S	2.50x	Market cap / revenue.
P/B	6.57x	Market cap / shareholders' equity. Only when equity is positive.
P/FCF	14.6x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	13.9x	Market cap / cash from operations, when positive.
EV/Sales	2.88x	Enterprise value / revenue.
EV/EBIT	16.5x	Enterprise value / operating income, when both are positive.
EV/EBITDA	15.0x	Enterprise value / EBITDA, when both are positive.
EV/FCF	16.8x	Enterprise value / free cash flow, when both are positive.
FCF yield	6.8%	Free cash flow / market cap.
Earnings yield	6.0%	Net income / market cap (the inverse of P/E).
Dividend yield	2.4%	Dividends paid over the period / market cap.
Shareholder yield	5.6%	(Dividends paid + share buybacks) / market cap.
PEG	0.76x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was BROADRIDGE FINANCIAL SOLUTIONS, INC.'s revenue in fiscal 2026?

BROADRIDGE FINANCIAL SOLUTIONS, INC. reported revenue of $7.48B for fiscal 2026, 8.5% higher than the year before.

Was BROADRIDGE FINANCIAL SOLUTIONS, INC. profitable in fiscal 2026?

Yes. Net income was $1.12B, a net margin of 15%.

How much free cash flow did BROADRIDGE FINANCIAL SOLUTIONS, INC. generate in fiscal 2026?

Cash from operations of $1.35B minus capital expenditures of $67.2M left free cash flow of $1.28B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to BROADRIDGE FINANCIAL SOLUTIONS, INC.