JKHY · Jack Henry & Associates 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 | $2.38B | $2.22B | $2.08B | $1.94B | $1.76B | $1.70B |
| Cost of Revenue | $1.36B | $1.30B | $1.22B | $1.13B | $1.06B | $1.01B |
| Gross Profit | $1.01B | $916.07M | $858.64M | $814.27M | $694.83M | $688.60M |
| R&D | $162.77M | $148.26M | $142.68M | $121.36M | $109.05M | $109.99M |
| SG&A | $283.06M | $278.42M | $235.27M | $218.30M | $187.06M | $197.99M |
| Total Operating Expenses | $1.81B | $1.73B | $1.60B | $1.47B | $1.36B | $1.32B |
| D&A | $43.70M | $46.34M | $48.72M | $50.79M | $52.52M | $52.21M |
| Operating Income | $568.72M | $489.39M | $480.69M | $474.62M | $398.72M | $380.63M |
| Interest Expense | - | - | $15.07M | $2.38M | $1.14M | $688.0K |
| Income Tax | $130.29M | $116.20M | $107.93M | $109.35M | $86.26M | $84.41M |
| Net Income | $455.75M | $381.82M | $366.65M | $362.92M | $311.47M | $296.67M |
| EPS - Basic | $6.25 | $5.24 | $5.03 | $4.95 | $4.12 | $3.86 |
| EPS - Diluted | $6.24 | $5.23 | $5.02 | $4.94 | $4.12 | $3.86 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $101.95M | $38.28M | $12.24M | $93.63M | $50.99M | $213.34M |
| Accounts Receivable | $317.98M | $333.03M | $361.25M | $348.07M | $306.56M | $300.94M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $28.19M | $25.31M | $19.16M | $21.03M | $18.48M | $9.88M |
| Current Assets | $681.46M | $632.02M | $627.96M | $613.52M | $543.74M | $669.10M |
| Total Assets | $3.04B | $2.92B | $2.77B | $2.46B | $2.34B | $2.43B |
| Current Liabilities | $535.78M | $633.81M | $523.76M | $543.83M | $520.86M | $494.85M |
| Long-term Debt | $0 | $60.00M | $115.00M | - | - | - |
| Total Liabilities | $913.14M | $1.08B | $1.17B | $1.07B | $1.02B | $878.79M |
| Stockholders' Equity | $2.13B | $1.84B | $1.61B | $1.38B | $1.32B | $1.55B |
| Retained Earnings | $3.37B | $3.08B | $2.86B | $2.64B | $2.41B | $2.24B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $641.50M | $568.04M | $381.56M | $504.63M | $462.13M | $510.53M |
| Investing Cash Flow | ($232.16M) | ($240.16M) | ($409.67M) | ($196.34M) | ($162.25M) | ($197.91M) |
| Financing Cash Flow | ($345.67M) | ($301.83M) | ($8.43M) | ($310.49M) | ($462.23M) | ($192.91M) |
| CapEx | $53.36M | $58.12M | $39.18M | $34.66M | $22.99M | $53.54M |
| Free Cash Flow | $588.15M | $509.92M | $342.38M | $469.97M | $439.14M | $456.99M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 42.7% | 41.3% | 41.3% | 41.9% | 39.5% | 40.6% |
| Operating margin | 23.9% | 22.1% | 23.1% | 24.4% | 22.7% | 22.4% |
| EBITDA margin | 25.8% | 24.2% | 25.5% | 27.0% | 25.7% | 25.5% |
| Net margin | 19.2% | 17.2% | 17.6% | 18.7% | 17.7% | 17.5% |
| Free cash flow margin | 24.8% | 23.0% | 16.5% | 24.2% | 25.0% | 26.9% |
| FCF / Net income | 1.29 | 1.34 | 0.93 | 1.29 | 1.41 | 1.54 |
| R&D / Revenue | 6.9% | 6.7% | 6.9% | 6.2% | 6.2% | 6.5% |
| SG&A / Revenue | 11.9% | 12.6% | 11.3% | 11.2% | 10.6% | 11.7% |
| Effective tax rate | 22.2% | 23.3% | 22.7% | 23.2% | 21.7% | 22.1% |
| Return on assets | 15.0% | 13.1% | 13.2% | 14.8% | 13.3% | 12.2% |
| Return on equity | 21.4% | 20.7% | 22.8% | 26.3% | 23.6% | 19.1% |
| Return on invested capital | 20.8% | 19.7% | 21.5% | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.27 | 1.00 | 1.20 | 1.13 | 1.04 | 1.35 |
| Quick ratio | 1.27 | 1.00 | 1.20 | 1.13 | 1.04 | 1.35 |
| Cash ratio | 0.19 | 0.06 | 0.02 | 0.17 | 0.10 | 0.43 |
| Leverage | ||||||
| Debt / Equity | 0.00 | 0.03 | 0.07 | - | - | - |
| Debt / Assets | 0.00 | 0.02 | 0.04 | - | - | - |
| Debt / EBITDA | 0.00 | 0.11 | 0.22 | - | - | - |
| Interest coverage | - | - | 31.9x | 199.1x | 348.5x | 553.2x |
| Equity multiplier | 1.43 | 1.59 | 1.72 | 1.78 | 1.77 | 1.57 |
| Liabilities / Assets | 0.30 | 0.37 | 0.42 | 0.44 | 0.44 | 0.36 |
| Efficiency | ||||||
| Asset turnover | 0.78 | 0.76 | 0.75 | 0.79 | 0.75 | 0.70 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 49d | 55d | 63d | 65d | 64d | 65d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 8d | 7d | 6d | 7d | 6d | 4d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 28.9x | 31.7x | 33.3x | 36.4x | 39.7x | 47.7x |
| P / B | 6.2x | 6.6x | 7.6x | 9.6x | 9.4x | 9.1x |
| P / S | 5.5x | 5.5x | 5.9x | 6.8x | 7.0x | 8.3x |
| EV / EBITDA | 21.3x | 22.7x | 23.3x | 25.0x | 27.3x | 32.2x |
| Growth | ||||||
| Revenue growth (YoY) | 7.2% | 6.6% | 6.9% | 10.5% | 3.6% | 22.2% |
| Revenue CAGR (3y) | 6.9% | 8.0% | 7.0% | 11.9% | 4.6% | 5.8% |
| Revenue CAGR (5y) | 7.0% | 9.8% | 6.2% | 6.3% | 5.4% | 6.2% |
| Gross profit growth (YoY) | 10.7% | 6.7% | 5.4% | 17.2% | 0.9% | 48.0% |
| Operating income growth (YoY) | 16.2% | 1.8% | 1.3% | 19.0% | 4.8% | 9.6% |
| Net income growth (YoY) | 19.4% | 4.1% | 1.0% | 16.5% | 5.0% | 9.1% |
| EPS growth (YoY) | 19.3% | 4.2% | 1.6% | 19.9% | 6.7% | 9.7% |
| EPS CAGR (3y) | 8.1% | 8.3% | 9.2% | 12.0% | -5.3% | 7.1% |
| EPS CAGR (5y) | 10.1% | 8.2% | 0.7% | 9.5% | 5.7% | 8.3% |
| FCF growth (YoY) | 15.3% | 48.9% | -27.1% | 7.0% | -3.9% | 21.0% |
| FCF CAGR (5y) | 5.2% | 6.2% | -1.6% | 8.3% | 7.3% | 7.4% |
| Book value growth (YoY) | 15.7% | 14.5% | 16.4% | 4.7% | -14.9% | 8.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$2.38B totalPayments$873.50M · 36.8%
Core Segment$739.28M · 31.1%
Complementary$675.21M · 28.4%
Corporate And Other$87.30M · 3.7%
Product / service
$3.74B totalLicense And Service$1.36B · 36.4%
Processing$1.01B · 27.1%
Outsourcing Cloud$756.88M · 20.3%
In House Support$353.13M · 9.4%
Product Deliveryand Service$251.73M · 6.7%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.31
Safe
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
9/9
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-Computer Integrated Systems Design
Comparing JACK HENRY & ASSOCIATES INC against the 5 most active filers in the same SIC group.
Dividends
$2.38/share trailing 12 months · +5.3% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.6100 |
| Mar 5, 2026 | $0.6100 |
| Dec 2, 2025 | $0.5800 |
| Sep 5, 2025 | $0.5800 |
| May 29, 2025 | $0.5800 |
| Mar 6, 2025 | $0.5800 |
| Dec 2, 2024 | $0.5500 |
| Sep 6, 2024 | $0.5500 |
| May 24, 2024 | $0.5500 |
| Mar 7, 2024 | $0.5500 |
| Nov 30, 2023 | $0.5200 |
| Sep 7, 2023 | $0.5200 |
| May 25, 2023 | $0.5200 |
| Mar 7, 2023 | $0.5200 |
| Nov 30, 2022 | $0.4900 |
| Sep 8, 2022 | $0.4900 |
| May 26, 2022 | $0.4900 |
| Mar 7, 2022 | $0.4900 |
| Dec 2, 2021 | $0.4600 |
| Sep 8, 2021 | $0.4600 |
| May 27, 2021 | $0.4600 |
| Mar 5, 2021 | $0.4600 |
| Dec 1, 2020 | $0.4300 |
| Sep 8, 2020 | $0.4300 |