BR · Broadridge Financial Solutions, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $6.89B | $6.51B | $6.06B | $5.71B | $4.99B | $4.53B |
| Cost of Revenue | $4.75B | $4.57B | $4.28B | $4.12B | $3.57B | $3.27B |
| Gross Profit | $2.14B | $1.93B | $1.79B | $1.59B | $1.42B | $1.26B |
| R&D | - | - | - | - | - | - |
| SG&A | $948.20M | $916.80M | $849.00M | $832.30M | $744.30M | $639.00M |
| Total Operating Expenses | $5.70B | $5.49B | $5.12B | $4.95B | $4.32B | $3.90B |
| D&A | - | - | - | - | - | - |
| Operating Income | $1.19B | $1.02B | $936.40M | $759.90M | $678.70M | $624.90M |
| Interest Expense | $135.80M | $150.20M | $143.70M | $87.70M | $57.50M | $62.50M |
| Income Tax | $219.20M | $179.30M | $164.30M | $133.10M | $148.70M | $117.00M |
| Net Income | $839.50M | $698.10M | $630.60M | $539.10M | $547.50M | $462.50M |
| EPS - Basic | $7.17 | $5.93 | $5.36 | $4.62 | $4.73 | $4.03 |
| EPS - Diluted | $7.10 | $5.86 | $5.30 | $4.55 | $4.65 | $3.95 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $561.50M | $304.40M | $252.30M | $224.70M | $274.50M | $476.60M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $32.10M | $30.50M | $34.10M | $29.30M | $23.20M | $21.50M |
| Accounts Payable | $220.30M | $314.00M | $157.30M | $244.90M | $248.90M | $151.80M |
| Current Assets | $1.82B | $1.54B | $1.39B | $1.33B | $1.26B | $1.33B |
| Total Assets | $8.54B | $8.24B | $8.23B | $8.17B | $8.12B | $4.89B |
| Current Liabilities | $1.86B | $1.42B | $2.40B | $1.31B | $1.29B | $1.34B |
| Long-term Debt | $2.75B | $3.36B | $2.23B | $3.79B | $3.89B | $1.39B |
| Total Liabilities | $5.89B | $6.07B | $5.99B | $6.25B | $6.31B | $3.54B |
| Stockholders' Equity | $2.66B | $2.17B | $2.24B | $1.92B | $1.81B | $1.35B |
| Retained Earnings | $3.86B | $3.44B | $3.11B | $2.82B | $2.58B | $2.30B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.17B | $1.06B | $823.30M | $443.50M | $640.10M | $598.20M |
| Investing Cash Flow | ($316.20M) | ($148.00M) | ($80.40M) | ($110.40M) | ($2.65B) | ($441.70M) |
| Financing Cash Flow | ($600.80M) | ($855.50M) | ($714.70M) | ($370.80M) | $1.80B | $51.20M |
| CapEx | $43.80M | $57.40M | $38.40M | $29.00M | $51.90M | $62.70M |
| Free Cash Flow | $1.13B | $998.80M | $784.90M | $414.50M | $588.20M | $535.50M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 31.0% | 29.7% | 29.5% | 27.9% | 28.5% | 27.9% |
| Operating margin | 17.3% | 15.6% | 15.4% | 13.3% | 13.6% | 13.8% |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | 12.2% | 10.7% | 10.4% | 9.4% | 11.0% | 10.2% |
| Free cash flow margin | 16.4% | 15.4% | 13.0% | 7.3% | 11.8% | 11.8% |
| FCF / Net income | 1.34 | 1.43 | 1.24 | 0.77 | 1.07 | 1.16 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 13.8% | 14.1% | 14.0% | 14.6% | 14.9% | 14.1% |
| Effective tax rate | 20.7% | 20.4% | 20.7% | 19.8% | 21.4% | 20.2% |
| Return on assets | 9.8% | 8.5% | 7.7% | 6.6% | 6.7% | 9.5% |
| Return on equity | 31.6% | 32.2% | 28.1% | 28.1% | 30.3% | 34.3% |
| Return on invested capital | 17.4% | 14.7% | 16.6% | 10.7% | 9.4% | 18.2% |
| Liquidity | ||||||
| Current ratio | 0.98 | 1.08 | 0.58 | 1.01 | 0.98 | 0.99 |
| Quick ratio | 0.96 | 1.06 | 0.57 | 0.99 | 0.96 | 0.97 |
| Cash ratio | 0.30 | 0.21 | 0.11 | 0.17 | 0.21 | 0.36 |
| Leverage | ||||||
| Debt / Equity | 1.04 | 1.55 | 1.00 | 1.98 | 2.15 | 1.03 |
| Debt / Assets | 0.32 | 0.41 | 0.27 | 0.46 | 0.48 | 0.28 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 8.8x | 6.8x | 6.5x | 8.7x | 11.8x | 10.0x |
| Equity multiplier | 3.22 | 3.80 | 3.67 | 4.26 | 4.49 | 3.63 |
| Liabilities / Assets | 0.69 | 0.74 | 0.73 | 0.77 | 0.78 | 0.72 |
| Efficiency | ||||||
| Asset turnover | 0.81 | 0.79 | 0.74 | 0.70 | 0.62 | 0.93 |
| Inventory turnover | 148.05 | 149.93 | 125.38 | 140.51 | 153.91 | 151.87 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 2d | 2d | 3d | 3d | 2d | 2d |
| Days payable outstanding | 17d | 25d | 13d | 22d | 25d | 17d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 34.2x | 33.6x | 31.3x | 31.3x | 34.7x | 31.9x |
| P / B | 10.8x | 10.8x | 8.8x | 8.8x | 10.5x | 11.0x |
| P / S | 4.2x | 3.6x | 3.3x | 3.0x | 3.8x | 3.3x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 5.9% | 7.4% | 6.2% | 14.3% | 10.3% | 3.8% |
| Revenue CAGR (3y) | 6.5% | 9.2% | 10.2% | 9.4% | 19.9% | 3.0% |
| Revenue CAGR (5y) | 8.8% | 8.3% | 15.9% | 6.6% | 11.5% | 10.9% |
| Gross profit growth (YoY) | 10.5% | 8.3% | 12.1% | 11.9% | 12.6% | 2.7% |
| Operating income growth (YoY) | 16.9% | 8.6% | 23.2% | 12.0% | 8.6% | -4.3% |
| Net income growth (YoY) | 20.3% | 10.7% | 17.0% | -1.5% | 18.4% | -4.1% |
| EPS growth (YoY) | 21.2% | 10.6% | 16.5% | -2.2% | 17.7% | -2.7% |
| EPS CAGR (3y) | 16.0% | 8.0% | 10.3% | 3.9% | 9.3% | 13.5% |
| EPS CAGR (5y) | 12.4% | 7.6% | 8.3% | 11.0% | 12.9% | 11.2% |
| FCF growth (YoY) | 12.9% | 27.3% | 89.4% | -29.5% | 9.8% | -5.5% |
| FCF CAGR (5y) | 16.1% | 12.0% | 16.8% | -0.8% | 9.1% | 7.0% |
| Book value growth (YoY) | 22.5% | -3.2% | 16.8% | 6.1% | 34.4% | 19.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$13.78B totalReportable Segments$6.89B · 50.0%
Investor Communication Solutions$5.11B · 37.1%
Global Technology And Operations$1.78B · 12.9%
Product / service
$16.54B totalRecurring Fee Revenue$4.51B · 27.2%
Recurring Fee Revenue Investor Communication Solutions$2.73B · 16.5%
Distribution Revenue$2.06B · 12.5%
Recurring Fee Revenue Global Technology And Operations$1.78B · 10.7%
Recurring Fee Revenue Regulatory$1.28B · 7.7%
Recurring Fee Revenue Capital Markets$1.12B · 6.7%
Recurring Fee Revenue Customer Communications$718.80M · 4.3%
Recurring Fee Revenue Wealth And Investment Management$660.80M · 4.0%
Recurring Fee Revenue Data Driven Fund Solutions$459.20M · 2.8%
Event Driven Revenue Investor Communication Solutions$319.30M · 1.9%
Event Driven Revenue$319.30M · 1.9%
Recurring Fee Revenue Issuer$273.20M · 1.7%
Event Driven Revenue Mutual Funds$203.80M · 1.2%
Event Driven Revenue Equity And Other$115.50M · 0.7%
Geographic
$6.89B totalUS$5.91B · 85.7%
GB$464.70M · 6.7%
CA$463.80M · 6.7%
Others$53.60M · 0.8%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.81
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing BROADRIDGE FINANCIAL SOLUTIONS against the 5 most active filers in the same SIC group.
Dividends
$3.80/share trailing 12 months · +10.6% YoY
| Ex-date | Per share |
|---|---|
| Mar 16, 2026 | $0.9750 |
| Dec 12, 2025 | $0.9750 |
| Sep 11, 2025 | $0.9750 |
| Jun 12, 2025 | $0.8800 |
| Mar 13, 2025 | $0.8800 |
| Dec 13, 2024 | $0.8800 |
| Sep 12, 2024 | $0.8800 |
| Jun 14, 2024 | $0.8000 |
| Mar 14, 2024 | $0.8000 |
| Dec 14, 2023 | $0.8000 |
| Sep 14, 2023 | $0.8000 |
| Jun 14, 2023 | $0.7250 |
| Mar 14, 2023 | $0.7250 |
| Dec 14, 2022 | $0.7250 |
| Sep 14, 2022 | $0.7250 |
| Jun 14, 2022 | $0.6400 |
| Mar 14, 2022 | $0.6400 |
| Dec 14, 2021 | $0.6400 |
| Sep 14, 2021 | $0.6400 |
| Jun 14, 2021 | $0.5750 |
| Mar 12, 2021 | $0.5750 |
| Dec 14, 2020 | $0.5750 |
| Sep 14, 2020 | $0.5750 |
| Jun 11, 2020 | $0.5400 |