Broadridge Financial Solutions, Inc.

$BR Market Cap: $27.23 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$6.499B

TTM

Gross Margin

29.0%

TTM

Net Earnings

$687.0M

TTM

Current Assets

$1.350B

Q3 2024

Current Liabilities

$972.4M

Q3 2024

Current Ratio

138.85%

Q3 2024

Total Assets

$8.017B

Q3 2024

Total Liabilities

$5.811B

Q3 2024

Book Value

$2.206B

Q3 2024

Cash

$292.8M

Q3 2024

P/E

39.63

Nov 29, 2024 EST

Free Cash Flow

$886.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$6.507B	$6.061B	$5.709B	$4.994B	$4.529B	$4.362B	$4.330B	$4.143B	$2.897B	$2.694B	$2.558B	$2.431B	$2.304B	$2.167B	$2.209B	$2.073B	$2.131B	$2.138B	$1.933B	$1.717B
YoY Change	7.36%	6.16%	14.33%	10.26%	3.82%	0.75%	4.52%	43.0%	7.53%	5.32%	5.23%	5.53%	6.3%	-1.91%	6.57%	-2.71%	-0.33%	10.58%	12.59%	12.54%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$6.507B	$6.061B	$5.709B	$4.994B	$4.529B	$4.362B	$4.330B	$4.143B	$2.897B	$2.694B	$2.558B	$2.431B	$2.304B	$2.167B	$2.209B	$2.073B	$2.131B	$2.138B	$1.933B	$1.717B
Cost Of Revenue	$4.573B	$4.276B	$4.117B	$3.571B	$3.265B	$3.132B	$3.170B	$3.110B	$1.976B	$1.828B	$1.761B	$1.768B	$1.715B	$1.617B	$1.616B	$1.510B	$1.548B	$1.588B	$1.433B	$1.273B
Gross Profit	$1.934B	$1.785B	$1.592B	$1.423B	$1.264B	$1.230B	$1.163B	$1.033B	$921.2M	$866.0M	$796.6M	$663.0M	$588.4M	$549.8M	$592.8M	$562.9M	$583.0M	$549.8M	$500.3M	$443.9M
Gross Profit Margin	29.72%	29.46%	27.89%	28.5%	27.91%	28.2%	26.85%	24.94%	31.8%	32.14%	31.14%	27.27%	25.54%	25.37%	26.83%	27.15%	27.36%	25.72%	25.88%	25.85%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$916.8M	$849.0M	$832.3M	$744.3M	$639.0M	$577.5M	$564.5M	$500.7M	$420.9M	$399.1M	$378.4M	$323.6M	$299.9M	$270.0M	$241.6M	$212.9M	$232.4M	$216.7M	$195.9M	$168.5M
YoY Change	7.99%	2.01%	11.82%	16.48%	10.65%	2.3%	12.74%	18.96%	5.46%	5.47%	16.93%	7.9%	11.07%	11.75%	13.48%	-8.39%	7.25%	10.62%	16.26%	18.66%
% of Gross Profit	47.41%	47.55%	52.27%	52.3%	50.56%	46.94%	48.56%	48.47%	45.69%	46.09%	47.5%	48.81%	50.97%	49.11%	40.76%	37.82%	39.86%	39.41%	39.16%	37.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$320.1M	$298.8M	$332.6M	$221.1M	$196.7M	$172.6M	$163.5M	$141.2M	$84.40M	$74.60M	$69.40M	$71.60M	$69.80M	$58.00M	$52.50M	$53.70M	$48.40M	$62.50M	$74.30M	$69.10M
YoY Change	7.13%	-10.16%	50.43%	12.4%	13.96%	5.57%	15.79%	67.3%	13.14%	7.49%	-3.07%	2.58%	20.34%	10.48%	-2.23%	10.95%	-22.56%	-15.88%	7.53%
% of Gross Profit	16.55%	16.74%	20.89%	15.54%	15.56%	14.03%	14.06%	13.67%	9.16%	8.61%	8.71%	10.8%	11.86%	10.55%	8.86%	9.54%	8.3%	11.37%	14.85%	15.57%
Operating Expenses	$916.8M	$849.0M	$832.3M	$744.3M	$639.0M	$577.5M	$564.5M	$500.7M	$420.9M	$399.1M	$378.4M	$323.6M	$299.9M	$270.0M	$241.6M	$213.7M	$233.1M	$216.9M	$196.1M	$170.0M
YoY Change	7.99%	2.01%	11.82%	16.48%	10.65%	2.3%	12.74%	18.96%	5.46%	5.47%	16.93%	7.9%	11.07%	11.75%	13.06%	-8.32%	7.47%	10.61%	15.35%	18.96%
Operating Profit	$1.017B	$936.4M	$759.9M	$678.7M	$624.9M	$652.7M	$598.1M	$531.6M	$500.3M	$438.9M	$395.5M	$323.2M	$200.9M	$269.7M	$342.1M	$349.2M	$349.9M	$332.9M	$304.2M	$273.9M
YoY Change	8.62%	23.23%	11.96%	8.61%	-4.26%	9.13%	12.51%	6.26%	13.99%	10.97%	22.37%	60.88%	-25.51%	-21.16%	-2.03%	-0.2%	5.11%	9.43%	11.06%	9.38%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	-$138.1M	-$135.5M	-$84.70M	-$55.20M	-$58.80M	-$41.80M	-$38.60M	-$42.70M	-$25.70M	-$22.60M	-$22.20M	-$13.00M	-$11.80M	-$9.400M	-$8.100M	-$3.200M	-$30.20M	-$12.10M	-$1.500M
YoY Change	1.92%	59.98%	53.44%	-6.12%	40.67%	8.29%	-9.6%	66.15%	13.72%	1.8%	70.77%	10.17%	25.53%	16.05%	153.13%	-89.4%	149.59%	706.67%
% of Operating Profit	-13.58%	-14.47%	-11.15%	-8.13%	-9.41%	-6.4%	-6.45%	-8.03%	-5.14%	-5.15%	-5.61%	-4.02%	-5.87%	-3.49%	-2.37%	-0.92%	-8.63%	-3.63%	-0.49%
Other Income/Expense, Net	-$1.700M	-$6.000M	-$3.000M	$72.70M	$13.40M	-$3.700M	-$1.500M	$3.200M	-$31.40M	-$28.00M	-$22.70M	$3.200M	$1.600M	$700.0K	$1.000M
YoY Change	-71.67%	100.0%	-104.13%	442.54%	-462.16%	146.67%	-146.88%	-110.19%	12.14%	23.35%	-809.38%	100.0%	128.57%	-30.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	$716.1M	$710.6M	$609.9M	$604.4M	$492.4M	$607.3M	$561.0M	$488.1M	$468.9M	$438.9M	$395.5M	$252.3M	$125.5M	$196.2M	$247.9M	$346.0M	$319.7M	$320.8M	$302.7M	$273.9M
YoY Change	0.77%	16.51%	0.91%	22.75%	-18.92%	8.25%	14.94%	4.09%	6.84%	10.97%	56.76%	101.04%	-36.03%	-20.86%	-28.35%	8.23%	-0.34%	5.98%	10.51%	9.38%
Income Tax	$179.3M	$164.3M	$133.1M	$148.7M	$117.0M	$125.2M	$133.1M	$161.4M	$161.4M	$151.8M	$132.5M	$111.1M	$75.90M	$97.90M	$117.0M	$122.9M	$131.3M	$123.7M	$122.2M	$107.5M
% Of Pretax Income	25.04%	23.12%	21.82%	24.6%	23.76%	20.62%	23.73%	33.07%	34.42%	34.59%	33.5%	44.03%	60.48%	49.9%	47.2%	35.52%	41.07%	38.56%	40.37%	39.25%
Net Earnings	$698.1M	$630.6M	$539.1M	$547.5M	$462.5M	$482.1M	$427.9M	$326.8M	$307.5M	$287.1M	$263.0M	$212.1M	$123.6M	$169.6M	$190.0M	$223.3M	$192.2M	$197.1M	$166.7M	$165.4M
YoY Change	10.7%	16.97%	-1.53%	18.38%	-4.07%	12.67%	30.94%	6.28%	7.11%	9.16%	24.0%	71.6%	-27.12%	-10.74%	-14.91%	16.18%	-2.49%	18.24%	0.79%	13.13%
Net Earnings / Revenue	10.73%	10.4%	9.44%	10.96%	10.21%	11.05%	9.88%	7.89%	10.61%	10.66%	10.28%	8.73%	5.37%	7.83%	8.6%	10.77%	9.02%	9.22%	8.62%	9.63%
Basic Earnings Per Share	$5.93	$5.36	$4.62	$4.73	$4.03	$4.16	$3.66	$2.77	$2.60	$2.39	$2.20	$1.74	$1.00	$1.36	$1.40
Diluted Earnings Per Share	$5.86	$5.30	$4.55	$4.65	$3.95	$4.06	$3.56	$2.70	$2.53	$2.32	$2.12	$1.69	$0.97	$1.32	$1.37	$1.577M	$1.363M	$1.418M	$1.201M	$1.192M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$304.4M	$252.3M	$224.7M	$274.5M	$476.6M	$273.2M	$263.9M	$271.1M	$727.7M	$324.1M	$347.6M	$266.0M	$320.5M	$241.5M	$412.6M	$173.4M	$232.0M	$155.0M	$90.40M
YoY Change	20.65%	12.28%	-18.14%	-42.4%	74.45%	3.52%	-2.66%	-62.75%	124.53%	-6.76%	30.68%	-17.0%	32.71%	-41.47%	137.95%	-25.26%	49.68%	71.46%
Cash & Equivalents	$304.4M	$252.3M	$224.7M	$274.5M	$476.6M	$273.2M	$263.9M	$271.1M	$727.7M	$324.1M	$347.6M	$266.0M	$320.5M	$241.5M	$412.6M	$173.4M	$232.0M	$155.0M	$90.40M
Short-Term Investments
Other Short-Term Assets	$170.9M	$166.2M	$156.8M	$166.5M	$140.1M	$105.1M	$112.2M	$129.0M	$108.0M	$92.80M	$108.2M	$98.60M	$86.20M	$103.3M	$225.5M	$1.497B	$61.90M	$61.10M	$74.50M
YoY Change	2.83%	5.99%	-5.83%	18.84%	33.3%	-6.33%	-13.02%	19.44%	16.38%	-14.23%	9.74%	14.39%	-16.55%	-54.19%	-84.94%	2319.06%	1.31%	-17.99%
Inventory
Prepaid Expenses
Receivables	$1.066B	$974.0M	$946.9M	$820.3M	$711.3M	$664.0M	$615.0M	$589.5M	$453.4M	$444.5M	$424.8M	$442.4M	$370.7M	$406.6M	$354.3M	$381.0M	$415.4M	$502.7M	$404.2M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.370B	$1.241B	$836.8M
Total Short-Term Assets	$1.541B	$1.393B	$1.328B	$1.261B	$1.328B	$1.042B	$991.1M	$989.6M	$1.289B	$861.4M	$880.6M	$807.0M	$777.4M	$751.4M	$992.4M	$2.052B	$2.079B	$1.960B	$1.406B
YoY Change	10.66%	4.83%	5.32%	-5.02%	27.41%	5.17%	0.15%	-23.23%	49.65%	-2.18%	9.12%	3.81%	3.46%	-24.28%	-51.63%	-1.32%	6.08%	39.41%
Property, Plant & Equipment	$348.4M	$344.0M	$373.7M	$439.2M	$454.2M	$189.0M	$204.1M	$198.1M	$112.2M	$97.30M	$88.30M	$80.90M	$79.00M	$83.10M	$87.40M	$75.40M	$82.60M	$77.40M	$80.70M
YoY Change	1.28%	-7.95%	-14.91%	-3.3%	140.32%	-7.4%	3.03%	76.56%	15.31%	10.19%	9.15%	2.41%	-4.93%	-4.92%	15.92%	-8.72%	6.72%	-4.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$271.1M	$241.9M	$221.6M	$194.0M	$141.6M	$100.4M	$80.30M	$63.40M	$48.50M	$33.30M	$25.30M	$20.90M	$12.60M	$18.10M
YoY Change	12.07%	9.16%	14.23%	37.01%	41.04%	25.03%	26.66%	30.72%	45.65%	31.62%	21.05%	65.87%	-30.39%
Other Assets	$1.180B	$1.217B	$1.565B	$990.4M	$625.8M	$445.3M	$280.2M	$253.0M	$213.3M	$209.9M	$211.8M	$210.4M	$195.3M	$148.0M	$138.4M	$136.3M	$157.4M	$129.2M	$111.3M
YoY Change	-3.02%	-22.22%	57.98%	58.26%	40.53%	58.92%	10.75%	18.61%	1.62%	-0.9%	0.67%	7.73%	31.96%	6.94%	1.54%	-13.41%	21.83%	16.08%
Total Long-Term Assets	$6.702B	$6.841B	$6.840B	$6.859B	$3.562B	$2.838B	$2.314B	$2.160B	$1.584B	$1.507B	$1.312B	$1.211B	$1.210B	$1.153B	$802.0M	$722.9M	$754.4M	$718.2M	$728.8M
YoY Change	-2.03%	0.0%	-0.26%	92.56%	25.49%	22.68%	7.1%	36.41%	5.1%	14.88%	8.28%	0.08%	5.0%	43.72%	10.94%	-4.18%	5.04%	-1.45%
Total Assets	$8.242B	$8.233B	$8.169B	$8.120B	$4.890B	$3.881B	$3.305B	$3.150B	$2.873B	$2.368B	$2.192B	$2.018B	$1.988B	$1.904B	$1.794B	$2.775B	$2.834B	$2.678B	$2.135B
YoY Change
Accounts Payable	$313.9M	$157.3M	$244.9M	$248.9M	$151.8M	$133.7M	$191.8M	$167.2M	$133.2M	$115.9M	$116.3M	$143.1M	$102.2M	$119.0M	$91.30M	$72.00M	$89.90M	$91.50M	$78.40M
YoY Change	99.55%	-35.77%	-1.61%	63.97%	13.54%	-30.29%	14.71%	25.53%	14.93%	-0.34%	-18.73%	40.02%	-14.12%	30.34%	26.81%	-19.91%	-1.75%	16.71%
Accrued Expenses	$518.7M	$524.5M	$547.6M	$519.9M	$405.2M	$319.2M	$318.3M	$300.6M	$246.7M	$226.6M	$226.4M	$277.2M	$241.0M	$184.6M	$261.2M	$216.7M	$252.6M	$287.9M	$172.9M
YoY Change	-1.11%	-4.22%	5.33%	28.31%	26.94%	0.28%	5.89%	21.85%	8.87%	0.09%	-18.33%	15.02%	30.55%	-29.33%	20.54%	-14.21%	-12.26%	66.51%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$400.0M	$0.00	$0.00	$0.00	$109.2M	$115.9M
YoY Change													-100.0%				-100.0%	-5.78%
Long-Term Debt Due	$0.00	$1.179B		$0.00	$399.9M			$0.00	$124.8M
YoY Change	-100.0%			-100.0%				-100.0%
Total Short-Term Liabilities	$1.422B	$2.398B	$1.313B	$1.288B	$1.341B	$802.6M	$777.3M	$744.9M	$692.9M	$508.9M	$484.4M	$469.5M	$410.3M	$782.7M	$486.4M	$1.430B	$1.525B	$1.429B	$990.3M
YoY Change	-40.7%	82.56%	1.97%	-3.95%	67.08%	3.25%	4.35%	7.5%	36.16%	5.06%	3.17%	14.43%	-47.58%	60.92%	-65.98%	-6.26%	6.78%	44.26%
Long-Term Debt	$3.355B	$2.235B	$3.793B	$3.888B	$1.388B	$1.470B	$1.053B	$1.102B	$890.7M	$689.4M	$524.1M	$524.5M	$524.4M	$124.3M	$324.1M	$324.1M	$447.9M	$617.7M	$0.00
YoY Change	50.14%	-41.08%	-2.43%	180.17%	-5.63%	39.59%	-4.42%	23.73%	29.2%	31.54%	-0.08%	0.02%	321.88%	-61.65%	0.0%	-27.64%	-27.49%
Other Long-Term Liabilities	$1.020B	$968.8M	$697.2M	$734.4M	$687.9M	$393.5M	$321.8M	$217.0M	$182.0M	$180.3M	$159.5M	$137.0M	$139.2M	$128.4M	$120.6M	$88.50M	$114.5M	$100.8M	$101.2M
YoY Change	5.28%	38.96%	-5.07%	6.76%	74.82%	22.28%	48.29%	19.23%	0.94%	13.04%	16.42%	-1.58%	8.41%	6.47%	36.27%	-22.71%	13.59%	-0.4%
Total Long-Term Liabilities	$4.375B	$3.204B	$4.490B	$4.622B	$2.076B	$1.864B	$1.375B	$1.319B	$1.073B	$869.7M	$683.6M	$661.5M	$663.6M	$252.7M	$444.7M	$412.6M	$562.4M	$718.5M	$101.2M
YoY Change	36.57%	-28.66%	-2.85%	122.69%	11.35%	35.54%	4.25%	22.97%	23.34%	27.22%	3.34%	-0.32%	162.6%	-43.18%	7.78%	-26.64%	-21.73%	609.98%
Total Liabilities	$6.074B	$5.993B	$6.250B	$6.311B	$3.543B	$2.753B	$2.210B	$2.146B	$1.827B	$1.440B	$1.230B	$1.202B	$1.137B	$1.107B	$987.3M	$1.866B	$2.088B	$2.147B	$1.092B
YoY Change	1.36%	-4.11%	-0.97%	78.1%	28.7%	24.56%	3.0%	17.45%	26.86%	17.06%	2.35%	5.73%	2.75%	12.09%	-47.08%	-10.64%	-2.76%	96.71%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	117.7M shares	117.7M shares	116.7M shares	115.7M shares	114.7M shares	115.9M shares	116.8M shares	118.0M shares	118.3M shares	119.9M shares	119.6M shares	121.9M shares	124.1M shares	124.8M shares	135.9M shares
Diluted Shares Outstanding	119.1M shares	119.0M shares	118.5M shares	117.8M shares	117.0M shares	118.8M shares	120.4M shares	120.8M shares	121.6M shares	124.0M shares	124.1M shares	125.4M shares	127.5M shares	128.3M shares	139.1M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $27.227 Billion

About BROADRIDGE FINANCIAL SOLUTIONS, INC.

Broadridge Financial Solutions, Inc. engages in the provision of investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. The company is headquartered in Lake Success, New York and currently employs 14,600 full-time employees. The company went IPO on 2007-03-22. The company provides investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers, investors, and others. Its Investor Communication Solutions (ICS) segment provides Regulatory Solutions, Data-Driven Fund Solutions, Corporate Issuer Solutions, and Customer Communications Solutions. ICS business involves the processing and distribution of proxy materials to investors in equity securities and mutual funds, and the facilitation of related vote processing. Its Global Technology and Operations (GTO) segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, foreign exchange, and exchange-traded derivatives, from order capture and execution through trade confirmation, margin, reconciliations, and others. The company also operates a Securities Industry Services (SIS) transaction processing platform for the security brokerage industry in Canada.

Industry: Services-Business Services, NEC Peers: Block, Inc. Fidelity National Information Services, Inc. FISERV INC CORPAY, INC. GLOBAL PAYMENTS INC JACK HENRY & ASSOCIATES INC PAYCHEX INC SS&C Technologies Holdings Inc Toast, Inc. VISA INC.