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FactSet Research Systems Inc.

FDS Financial Financial Data & Stock Exchanges

FactSet Research Systems Inc.’s revenue for fiscal 2026 (year ended August 2026) was $2.5 billion, up 6.65% from fiscal 2025. In the quarter to August 2026, revenue grew 6.33%, EPS fell 15.9%, free cash flow was flat and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for ten, operating cash flow growth for three; insiders bought in the last twelve months.

331.32 4.13 −1.23%

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Market cap: $11.7B
P/E: 22.7×
Fwd P/E: 19.0×
Dividend yield: 1.36%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Segments Filings

Insider Decisions trades per month

Total buys 0.13

Total sells 1.52

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	2	—	—	—	—	—	—	—	—	—

Insider Ownership 0.71%

Capital & Financial Ratios $m

Market Cap 11,680.00

Revenue 2,476.26

Net Income 533.48

Free Cash Flow 707.48

Net Debt 1,104.69

Current Ratio 0.60

Debt/Equity 0.68

P/E ratio 22.68

Fwd P/E 19.00

P/S ratio 4.74

P/B ratio 5.77

Past 5Y EPS Growth 7.06%

This Y EPS Growth 9.23%

Next Y EPS Growth 10.40%

Next Y revenue growth 4.19%

Next 5Y EPS Growth 10.31%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 19.57%

10-year low 10-year high

P/S against its own 10 years 9.93%

10-year low 10-year high

P/B against its own 10 years 10.15%

10-year low 10-year high

Dividends

Payout Ratio 0.31

Annual Dividend Rate 4.52

Annual Dividend Yield 1.36%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	4.50	1.10 1.16 1.16
2025	4.34	1.04 1.10 1.10 1.10
2024	4.10	0.98 1.04 1.04 1.04
2023	3.83	0.89 0.98 0.98 0.98
2022	3.49	0.82 0.89 0.89 0.89
2021	3.23	0.77 0.82 0.82 0.82
2020	3.03	0.72 0.77 0.77 0.77
2019	2.80	0.64 0.72 0.72 0.72
2018	2.48	0.56 0.64 0.64 0.64
2017	2.18	0.50 0.56 0.56 0.56
2016	2.44	0.44 0.50 0.50 0.50 0.50

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	458	493	355	265
Receivables	238	228	271	301
Inventory	—	—	—	—
Other	51	60	—	—
	770	836	730	655

	2023	2024	2025	2026
Payables	122	178	135	136
ST’ Debt	29	125	—	499
Other	—	—	—	—
	484	667	521	1,092

Compound Annual Growth %

	10y	5y	3y
Sales	8.19%	9.24%	5.89%
Cash Flow	9.52%	8.17%	8.40%
Earnings	4.64%	5.95%	4.45%
Book Value	14.49%	14.52%	7.31%

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate 4.32 Actual 4.52

4.21 4.45 4.68 4.91 5.15

Q1 FY26 Beat +0.12

Q2 FY26 Beat +0.09

Q3 FY26 Beat +0.09

Q4 FY26 Beat +0.20

Q1 FY27 — Dec 17

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q1 FY26	4.39	4.51	Beat by 0.12
Q2 FY26	4.37	4.46	Beat by 0.09
Q3 FY26	4.44	4.53	Beat by 0.09
Q4 FY26	4.32	4.52	Beat by 0.20
Q1 FY27	5.04	—	Reports 17 December 2026

EPS $

	Nov	Feb	May	Aug	Year
’26	—	—	—	—	—
’26	4.06	3.59	3.50	3.41	14.57
’25	3.89	3.76	3.87	4.03	15.55
’24	3.84	3.65	4.09	2.32	13.91
’23	3.52	3.38	3.46	1.68	12.03
’22	2.79	2.84	1.93	2.69	10.25
’21	2.62	2.50	2.62	2.63	10.36

Fiscal quarters ending in the months shown.

Revenue $m

	Nov	Feb	May	Aug	Year
’26	—	—	—	—	—
’26	608	611	623	635	2,476
’25	569	571	586	597	2,322
’24	542	546	553	562	2,203
’23	505	515	530	536	2,086
’22	425	431	489	499	1,844
’21	388	392	400	412	1,591

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Nov	Feb	May	Aug	Year
’26	—	—	—	—	—
’26	121	212	285	205	822
’25	86	174	254	212	726
’24	155	144	238	163	700
’23	107	165	219	156	646
’22	73	122	192	151	538
’21	89	141	140	185	555

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Nov	Feb	May	Aug	Year
’26	—	—	—	—	—
’26	90	186	254	177	707
’25	60	150	229	178	617
’24	139	122	217	137	615
’23	89	147	193	156	585
’22	64	110	177	136	487
’21	71	130	122	171	494

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	Trend	10 yrs	2027e	2028e	2029e	Next 3/yr
												Ten-year view		Analyst estimates Powerpack
Price, $
Price, $	Low	155.09	184.48	193.83	195.22	294.21	345.92	377.89	391.84	250.50	185.00		+2.0%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	High	207.25	237.95	305.38	363.64	495.40	486.49	478.60	499.87	484.33	339.83		+5.6%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
People
People	Employees	9,074	9,571	9,681	10,484	10,892	11,203	12,237	12,398	12,800	—		+4.4%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	Revenue/emp, $m	0.13	0.14	0.15	0.14	0.15	0.16	0.17	0.18	0.18	0.00		n/m	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
Income, $m
Income, $m	Revenue	1,221	1,350	1,435	1,494	1,591	1,844	2,086	2,203	2,322	2,476		+8.2%	2,580	2,776	2,925	+5.7%
	Gross margin, %	53.60	51.17	53.78	53.45	50.59	52.76	53.33	54.07	52.72	50.61		(3.0) pt	Powerpack FactSet Research Systems Inc.’s next three years, line by line Analysts expect revenue to grow 5.7% a year to 2029 — slower than the 8.2% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	344	352	422	427	468	444	584	652	721	650		+7.3%
	EBT margin, %	28.20	26.06	29.40	28.59	29.38	24.06	28.00	29.57	31.05	26.24		(2.0) pt
	Net income	258	267	353	373	400	397	468	537	597	533		+8.4%
	Depreciation	48	57	60	101	107	130	138	156	189	213		+17.9%
Per share, $
Per share, $	Revenue	30.96	34.86	37.63	39.39	42.04	48.70	54.60	57.89	61.22	67.90		+9.1%
	Earnings	6.51	6.78	9.08	9.65	10.36	10.25	12.26	14.11	15.74	14.63		+9.4%
	Cash flow	8.13	9.96	11.20	13.33	14.67	14.22	16.90	18.40	19.15	22.55		+12.0%
	Capex	(0.93)	(0.87)	(1.56)	(2.05)	(1.62)	(1.35)	(1.59)	(2.25)	(2.87)	(3.15)		+14.4%
	Free cash flow	7.19	9.09	9.64	11.29	13.05	12.87	15.31	16.15	16.28	19.40		+11.7%
	Book value	14.19	13.58	17.62	23.63	26.85	35.16	42.41	50.25	57.65	54.90		+16.2%
	Shares, m	39	39	38	38	38	38	38	38	38	36		(0.9%)
Valuation, ×
Valuation, ×	P/E	24.11	33.83	29.80	36.31	36.67	42.28	36.16	30.24	23.42	21.46		31.4
	P/S	5.08	6.58	7.18	8.90	9.04	8.90	7.99	7.37	6.03	4.48		7.2
	P/B	11.08	16.89	15.34	14.83	14.16	12.32	10.29	8.49	6.40	5.46		11.5
	EV/Sales	5.36	6.83	7.32	8.90	8.97	9.70	8.56	7.77	6.49	4.93		7.5
	EV/FCF	23.08	26.19	28.55	31.04	28.92	36.71	30.53	27.84	24.40	17.25		27.5
Cash, $m
Cash, $m	Operating cash flow	321	386	427	506	555	538	646	700	726	822		+11.0%
	Capex	(37)	(34)	(59)	(78)	(61)	(51)	(61)	(86)	(109)	(115)		+13.4%
	Free cash flow	284	352	368	428	494	487	585	615	617	707		+10.7%
Balance, $m
Balance, $m	Working capital	208	210	365	566	618	432	286	169	208	(438)		n/m
	Total debt	575	575	574	603	607	2,011	1,642	1,366	1,368	1,370		+10.1%
	Net debt	348	337	189	(2)	(111)	1,475	1,184	873	1,013	1,105		+13.7%
	Shareholders’ equity	560	526	672	896	1,016	1,331	1,620	1,912	2,186	2,002		+15.2%
Returns, %
Returns, %	ROA	21.23	18.86	23.68	20.47	18.55	12.72	11.74	13.40	14.28	12.63		(8.6) pt
	ROIC	24.25	26.53	31.80	30.72	32.74	10.59	14.02	15.73	14.62	14.08		(10.2) pt
	ROE	47.96	49.21	58.89	47.55	41.78	33.81	31.73	30.41	29.13	0.00		(48.0) pt

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Aug 2026 · latest quarter Aug 2026 · fundamentals updated 1 Oct 2026

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Americas	1,506	64.87%
EMEA	580	24.99%
Asia Pacific	235	10.14%
Gross margin		52.72%
Operating margin		32.23%
Pre-tax margin		31.05%

Revenue by segment since 2009

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ICE Intercontinental Exchange Inc.	$91.4B	22.9×	22.9×	+4.84% (above 0%: growing)	+14.09% (above 0%: growing)	+29.65% (above 0%: growing)	98.61%	52.18%	Compare
MCO Moody's Corporation	$83.4B	30.6×	29.6×	+15.12% (above 0%: growing)	+56.52% (above 0%: growing)	+47.01% (above 0%: growing)	76.29%	47.87%	Compare
NDAQ Nasdaq, Inc.	$57.3B	29.6×	28.5×	+20.51% (above 0%: growing)	+13.92% (above 0%: growing)	−7.71% (below 0%: shrinking)	59.24%	28.12%	Compare
MSCI MSCI Inc	$44.0B	33.6×	31.1×	+12.20% (above 0%: growing)	+19.90% (above 0%: growing)	+8.19% (above 0%: growing)	82.71%	56.23%	Compare
COIN Coinbase Global, Inc.	$43.4B	— (loss-making)	— (loss-making)	−18.51% (below 0%: shrinking)	n/m	+128.50% (above 0%: growing)	84.44%	(9.30%)	Compare
CBOE Cboe Global Markets, Inc.	$35.6B	26.5×	—	+22.95% (above 0%: growing)	+50.67% (above 0%: growing)	−270.85% (below 0%: shrinking)	50.71%	32.99%	Compare
TRU TransUnion	$15.6B	21.3×	19.8×	+14.91% (above 0%: growing)	+33.93% (above 0%: growing)	+42.65% (above 0%: growing)	58.41%	19.70%	Compare
FDS FactSet Research Systems Inc.	$11.7B	22.7×	19.0×	+6.33% (above 0%: growing)	−15.94% (below 0%: shrinking)	−0.46% (below 0%: shrinking)	48.59%	24.68%
MORN Morningstar, Inc.	$8.4B	21.2×	20.7×	+9.60% (above 0%: growing)	+35.07% (above 0%: growing)	+96.31% (above 0%: growing)	63.92%	24.22%	Compare
Median of peers	$43.7B	26.5×	25.7×	+13.56%	+33.93%	+36.15%	70.11%	30.56%

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Financial Analysis (summary)

Updated 5 October 2026

FactSet reported revenue of $2.5 billion in FY2026, with revenue growth of 6.65% in FY2026 against FY2025. Net income was $533.5 million in FY2026 and diluted EPS was $14.57 in FY2026, both below FY2025. Free cash flow rose to $707.5 million in FY2026.

In Q4 FY2026, revenue reached $634.7 million, while operating income was $156.6 million and net income was $121.1 million. Operating cash flow was $822.2 million in FY2026. The company returned $774.9 million to shareholders in FY2026 through dividends and net share repurchases.

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