Ss&C Technologies Holdings Inc - Understand $ssnc stock

$SSNC Market Cap: $19.05 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$5.764B

TTM

Gross Margin

36.42%

TTM

Net Earnings

$707.1M

TTM

Current Assets

$3.891B

Q3 2024

Current Liabilities

$3.220B

Q3 2024

Current Ratio

120.84%

Q3 2024

Total Assets

$18.44B

Q3 2024

Total Liabilities

$11.62B

Q3 2024

Book Value

$6.814B

Q3 2024

Cash

$694.7M

Q3 2024

P/E

26.94

Nov 29, 2024 EST

Free Cash Flow

$1.029B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$5.503B	$5.283B	$5.051B	$4.668B	$4.633B	$3.421B	$1.675B	$1.481B	$1.000B	$767.9M	$712.7M	$551.8M	$370.8M	$328.9M	$270.9M	$280.0M	$248.2M	$205.5M	$161.6M	$95.90M
YoY Change	4.16%	4.59%	8.21%	0.76%	35.42%	104.21%	13.09%	48.1%	30.27%	7.74%	29.15%	48.81%	12.75%	21.41%	-3.25%	12.81%	20.78%	27.17%	68.51%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$5.503B	$5.283B	$5.051B	$4.668B	$4.633B	$3.421B	$1.675B	$1.481B	$1.000B	$767.9M	$712.7M	$551.8M	$370.8M	$328.9M	$270.9M	$280.0M	$248.2M	$205.5M	$161.6M	$95.90M
Cost Of Revenue	$2.851B	$2.768B	$2.642B	$2.574B	$2.612B	$2.051B	$886.4M	$800.5M	$532.4M	$410.7M	$388.8M	$299.9M	$184.3M	$165.9M	$137.7M	$142.4M	$128.9M	$100.0M	$66.60M	$33.80M
Gross Profit	$2.652B	$2.515B	$2.409B	$2.094B	$2.021B	$1.370B	$788.9M	$680.9M	$467.9M	$357.1M	$323.9M	$251.9M	$186.5M	$163.0M	$133.2M	$137.6M	$119.3M	$105.5M	$95.00M	$62.10M
Gross Profit Margin	48.19%	47.61%	47.7%	44.86%	43.63%	40.05%	47.09%	45.97%	46.78%	46.51%	45.45%	45.65%	50.3%	49.56%	49.17%	49.14%	48.07%	51.34%	58.79%	64.75%

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	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Selling, General & Admin	$969.1M	$925.1M	$752.1M	$708.6M	$723.1M	$524.9M	$238.1M	$239.6M	$192.8M	$99.47M	$87.07M	$68.66M	$57.11M	$51.70M	$39.60M	$45.70M	$44.30M	$38.00M	$27.60M	$18.70M
YoY Change	4.76%	23.0%	6.14%	-2.01%	37.76%	120.45%	-0.63%	24.29%	93.81%	14.24%	26.83%	20.21%	10.47%	30.56%	-13.35%	3.16%	16.58%	37.68%	47.59%
% of Gross Profit	36.54%	36.78%	31.22%	33.84%	35.78%	38.31%	30.18%	35.19%	41.2%	27.85%	26.88%	27.25%	30.62%	31.72%	29.73%	33.21%	37.13%	36.02%	29.05%	30.11%
Research & Development	$473.8M	$447.3M	$414.9M	$399.4M	$383.7M	$318.2M	$153.3M	$152.7M	$110.4M	$57.29M	$53.86M	$45.78M	$35.65M	$31.40M	$26.50M	$26.80M	$26.30M	$23.60M	$21.30M	$14.00M
YoY Change	5.92%	7.81%	3.88%	4.09%	20.58%	107.57%	0.39%	38.3%	92.74%	6.36%	17.66%	28.41%	13.54%	18.49%	-1.12%	1.9%	11.44%	10.8%	52.14%
% of Gross Profit	17.87%	17.78%	17.22%	19.08%	18.98%	23.23%	19.43%	22.42%	23.6%	16.04%	16.63%	18.17%	19.11%	19.26%	19.89%	19.48%	22.05%	22.37%	22.42%	22.54%
Depreciation & Amortization	$670.4M	$671.6M	$667.4M	$725.3M	$775.2M	$518.5M	$237.2M	$228.7M	$150.8M	$99.83M	$99.78M	$75.81M	$42.22M	$40.70M	$36.00M	$35.00M	$35.00M	$27.10M	$11.90M	$4.600M
YoY Change	-0.18%	0.63%	-7.98%	-6.44%	49.51%	118.59%	3.72%	51.62%	51.09%	0.05%	31.61%	79.55%	3.74%	13.06%	2.86%	0.0%	29.15%	127.73%	158.7%
% of Gross Profit	25.28%	26.7%	27.7%	34.64%	38.35%	37.85%	30.07%	33.59%	32.23%	27.95%	30.81%	30.09%	22.64%	24.97%	27.03%	25.44%	29.34%	25.69%	12.53%	7.41%
Operating Expenses	$1.443B	$1.372B	$1.167B	$1.108B	$1.107B	$940.9M	$392.0M	$392.3M	$303.2M	$156.8M	$140.9M	$128.7M	$92.76M	$83.10M	$66.10M	$72.50M	$70.50M	$61.60M	$48.90M	$32.70M
YoY Change	5.14%	17.6%	5.32%	0.11%	17.63%	140.03%	-0.06%	29.37%	93.42%	11.23%	9.5%	38.75%	11.63%	25.72%	-8.83%	2.84%	14.45%	25.97%	49.54%
Operating Profit	$1.209B	$1.143B	$1.242B	$985.8M	$914.4M	$429.1M	$396.9M	$288.7M	$164.7M	$200.4M	$183.0M	$123.2M	$93.78M	$79.90M	$67.10M	$65.10M	$48.80M	$43.90M	$46.10M	$29.40M
YoY Change	5.77%	-8.0%	26.02%	7.81%	113.1%	8.11%	37.49%	75.24%	-17.78%	9.51%	48.49%	31.39%	17.37%	19.08%	3.07%	33.4%	11.16%	-4.77%	56.8%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Interest Expense	-$369.8M	$312.2M	$205.7M	$249.9M	$409.6M	$280.1M	$108.6M	$129.9M	$79.33M	$27.18M	$42.40M	$32.92M	$14.75M	-$30.40M	-$36.90M	-$41.10M	-$44.50M	-$47.00M	-$6.000M	$1.500M
YoY Change	-218.45%	51.77%	-17.69%	-38.99%	46.23%	157.92%	-16.4%	63.74%	191.91%	-35.9%	28.79%	123.2%	-148.51%	-17.62%	-10.22%	-7.64%	-5.32%	683.33%	-500.0%
% of Operating Profit	-30.59%	27.32%	16.56%	25.35%	44.79%	65.28%	27.36%	45.0%	48.16%	13.56%	23.17%	26.72%	15.73%	-38.05%	-54.99%	-63.13%	-91.19%	-107.06%	-13.02%	5.1%
Other Income/Expense, Net	$20.70M	$20.80M	-$18.20M	$41.60M	$25.70M	$8.200M	-$4.500M	$3.400M	$3.878M	$2.754M	$3.498M	-$15.88M	-$423.0K	$500.0K	-$1.400M	$2.000M	$1.900M	$500.0K	$900.0K	$100.0K
YoY Change	-0.48%	-214.29%	-143.75%	61.87%	213.41%	-282.22%	-232.35%	-12.33%	40.81%	-21.27%	-122.03%	3652.96%	-184.6%	-135.71%	-170.0%	5.26%	280.0%	-44.44%	800.0%

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	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Pretax Income	$857.7M	$876.1M	$1.037B	$775.8M	$531.7M	$125.1M	$282.7M	$163.6M	$60.84M	$177.7M	$145.2M	$50.71M	$47.08M	$44.40M	$28.80M	$25.90M	$6.100M	-$2.700M	$4.200M	$31.00M
YoY Change	-2.1%	-15.52%	33.67%	45.91%	325.02%	-55.75%	72.8%	168.89%	-65.75%	22.36%	186.31%	7.71%	6.04%	54.17%	11.2%	324.59%	-325.93%	-164.29%	-86.45%
Income Tax	$249.1M	$227.1M	$236.4M	$150.6M	$93.20M	$21.90M	-$46.20M	$32.60M	$17.98M	$46.53M	$27.29M	$24.67M	$22.92M	$12.00M	$9.800M	$7.100M	-$500.0K	-$3.800M	$2.700M	$12.00M
% Of Pretax Income	29.04%	25.92%	22.8%	19.41%	17.53%	17.51%	-16.34%	19.93%	29.55%	26.19%	18.8%	48.64%	48.68%	27.03%	34.03%	27.41%	-8.2%		64.29%	38.71%
Net Earnings	$607.1M	$650.2M	$800.0M	$625.2M	$438.5M	$103.2M	$328.9M	$131.0M	$42.86M	$131.1M	$117.9M	$45.82M	$51.02M	$32.40M	$19.00M	$18.80M	$6.600M	$1.100M	$1.500M	$19.00M
YoY Change	-6.63%	-18.73%	27.96%	42.58%	324.9%	-68.62%	151.07%	205.63%	-67.31%	11.22%	157.3%	-10.19%	57.47%	70.53%	1.06%	184.85%	500.0%	-26.67%	-92.11%
Net Earnings / Revenue	11.03%	12.31%	15.84%	13.39%	9.46%	3.02%	19.63%	8.84%	4.28%	17.08%	16.54%	8.3%	13.76%	9.85%	7.01%	6.71%	2.66%	0.54%	0.93%	19.81%
Basic Earnings Per Share	$2.45	$2.56	$3.13	$2.44	$1.73	$0.44	$1.60	$0.65	$0.24	$1.57	$1.45	$0.59	$0.67
Diluted Earnings Per Share	$2.39	$2.48	$2.99	$2.35	$1.66	$0.42	$1.55	$0.64	$0.22	$1.50	$1.38	$0.55	$0.63	$221.6K	$149.3K	$147.6K	$51.81K	$8.842K	$12.07K	$152.9K

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	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$432.2M	$440.1M	$564.0M	$209.0M	$153.0M	$167.0M	$64.00M	$118.0M	$434.0M	$110.0M	$84.00M	$86.00M	$40.00M	$85.00M	$19.00M	$29.00M	$19.00M	$12.00M	$16.00M
YoY Change	-1.8%	-21.97%	169.86%	36.6%	-8.38%	160.94%	-45.76%	-72.81%	294.55%	30.95%	-2.33%	115.0%	-52.94%	347.37%	-34.48%	52.63%	58.33%	-25.0%
Cash & Equivalents	$432.2M	$440.1M	$564.0M	$209.0M	$153.0M	$167.0M	$64.00M	$118.0M	$434.0M	$110.0M	$84.00M	$86.00M	$40.00M	$85.00M	$19.00M	$29.00M	$19.00M	$12.00M	$16.00M
Short-Term Investments
Other Short-Term Assets	$168.2M	$197.1M	$191.7M	$194.0M	$214.0M	$166.0M	$52.00M	$56.00M	$71.00M	$31.00M	$45.00M	$29.00M	$8.000M	$9.000M	$9.000M	$8.000M	$8.000M	$8.000M	$14.00M
YoY Change	-14.66%	2.82%	-1.19%	-9.35%	28.92%	219.23%	-7.14%	-21.13%	129.03%	-31.11%	55.17%	262.5%	-11.11%	0.0%	12.5%	0.0%	0.0%	-42.86%
Inventory
Prepaid Expenses
Receivables	$835.5M	$1.261B	$740.8M	$668.0M	$690.0M	$700.0M	$244.0M	$241.0M	$170.0M	$94.00M	$91.00M	$92.00M	$47.00M	$46.00M	$42.00M	$38.00M	$40.00M	$32.00M	$33.00M
Other Receivables	$2.616B	$966.3M	$2.756B	$1.228B	$1.730B	$1.015B	$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
Total Short-Term Assets	$4.052B	$2.424B	$4.252B	$2.299B	$2.786B	$2.048B	$359.0M	$415.0M	$675.0M	$235.0M	$221.0M	$207.0M	$96.00M	$140.0M	$69.00M	$76.00M	$67.00M	$51.00M	$63.00M
YoY Change	67.11%	-42.98%	84.96%	-17.48%	36.04%	470.47%	-13.49%	-38.52%	187.23%	6.33%	6.76%	115.63%	-31.43%	102.9%	-9.21%	13.43%	31.37%	-19.05%
Property, Plant & Equipment	$536.7M	$604.5M	$673.2M	$764.0M	$842.0M	$553.0M	$101.0M	$80.00M	$67.00M	$54.00M	$52.00M	$55.00M	$14.00M	$14.00M	$14.00M	$14.00M	$13.00M	$10.00M	$10.00M
YoY Change	-11.22%	-10.2%	-11.88%	-9.26%	52.26%	447.52%	26.25%	19.4%	24.07%	3.85%	-5.45%	292.86%	0.0%	0.0%	0.0%	7.69%	30.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$529.9M	$460.8M	$478.9M	$409.0M	$395.0M	$430.0M
YoY Change	15.0%	-3.78%	17.09%	3.54%	-8.14%
Other Assets						$5.000M	$2.000M	$2.000M	$2.000M	$1.000M	$1.000M	$1.000M	$1.000M	$1.000M	$0.00	$0.00
YoY Change						150.0%	0.0%	0.0%	100.0%	0.0%	0.0%	0.0%	0.0%
Total Long-Term Assets	$14.05B	$14.23B	$13.08B	$13.63B	$13.96B	$14.06B	$5.181B	$5.292B	$5.127B	$2.031B	$2.054B	$2.156B	$1.112B	$1.136B	$1.117B	$1.051B	$1.123B	$1.102B	$1.113B
YoY Change	-1.25%	8.78%	-3.99%	-2.36%	-0.75%	171.38%	-2.1%	3.22%	152.44%	-1.12%	-4.73%	93.88%	-2.11%	1.7%	6.28%	-6.41%	1.91%	-0.99%
Total Assets	$18.10B	$16.65B	$17.33B	$15.92B	$16.74B	$16.11B	$5.540B	$5.707B	$5.802B	$2.266B	$2.275B	$2.363B	$1.208B	$1.276B	$1.186B	$1.127B	$1.190B	$1.153B	$1.176B
YoY Change
Accounts Payable	$80.30M	$49.50M	$28.70M	$28.00M	$37.00M	$41.00M	$27.00M	$16.00M	$12.00M	$12.00M	$8.000M	$11.00M	$4.000M	$4.000M	$5.000M	$2.000M	$3.000M	$2.000M	$2.000M
YoY Change	62.22%	72.47%	2.5%	-24.32%	-9.76%	51.85%	68.75%	33.33%	0.0%	50.0%	-27.27%	175.0%	0.0%	-20.0%	150.0%	-33.33%	50.0%	0.0%
Accrued Expenses	$531.9M	$620.3M	$659.8M	$632.0M	$587.0M	$521.0M	$168.0M	$179.0M	$149.0M	$85.00M	$71.00M	$62.00M	$34.00M	$29.00M	$34.00M	$25.00M	$24.00M	$18.00M	$21.00M
YoY Change	-14.25%	-5.99%	4.4%	7.67%	12.67%	210.12%	-6.15%	20.13%	75.29%	19.72%	14.52%	82.35%	17.24%	-14.71%	36.0%	4.17%	33.33%	-14.29%
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	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$51.50M	$55.70M	$47.40M	$54.00M	$76.00M	$88.00M	$38.00M	$126.0M	$32.00M	$20.00M	$23.00M	$22.00M	$0.00	$2.000M	$4.000M	$2.000M	$2.000M	$6.000M	$10.00M
YoY Change	-7.54%	17.51%	-12.22%	-28.95%	-13.64%	131.58%	-69.84%	293.75%	60.0%	-13.04%	4.55%		-100.0%	-50.0%	100.0%	0.0%	-66.67%	-40.0%
Total Short-Term Liabilities	$3.772B	$2.191B	$3.851B	$2.283B	$2.776B	$1.922B	$444.0M	$561.0M	$417.0M	$192.0M	$167.0M	$160.0M	$84.00M	$76.00M	$84.00M	$65.00M	$61.00M	$53.00M	$56.00M
YoY Change	72.17%	-43.11%	68.69%	-17.76%	44.43%	332.88%	-20.86%	34.53%	117.19%	14.97%	4.38%	90.48%	10.53%	-9.52%	29.23%	6.56%	15.09%	-5.36%
Long-Term Debt	$6.669B	$7.024B	$5.902B	$6.389B	$7.078B	$8.169B	$2.007B	$2.375B	$2.719B	$599.0M	$751.0M	$990.0M	$100.0M	$289.0M	$393.0M	$407.0M	$441.0M	$466.0M	$478.0M
YoY Change	-5.06%	19.02%	-7.63%	-9.73%	-13.36%	307.03%	-15.49%	-12.65%	353.92%	-20.24%	-24.14%	890.0%	-65.4%	-26.46%	-3.44%	-7.71%	-5.36%	-2.51%
Other Long-Term Liabilities	$447.8M	$464.9M	$522.2M	$612.0M	$682.0M	$236.0M	$119.0M	$59.00M	$51.00M	$26.00M	$15.00M	$17.00M	$14.00M	$12.00M	$13.00M	$12.00M	$10.00M	$1.000M	$1.000M
YoY Change	-3.68%	-10.97%	-14.67%	-10.26%	188.98%	98.32%	101.69%	15.69%	96.15%	73.33%	-11.76%	21.43%	16.67%	-7.69%	8.33%	20.0%	900.0%	0.0%
Total Long-Term Liabilities	$7.116B	$7.489B	$6.424B	$7.001B	$7.760B	$8.405B	$2.126B	$2.434B	$2.770B	$625.0M	$766.0M	$1.007B	$114.0M	$301.0M	$406.0M	$419.0M	$451.0M	$467.0M	$479.0M
YoY Change	-4.97%	16.58%	-8.25%	-9.78%	-7.67%	295.34%	-12.65%	-12.13%	343.2%	-18.41%	-23.93%	783.33%	-62.13%	-25.86%	-3.1%	-7.1%	-3.43%	-2.51%
Total Liabilities	$11.76B	$10.61B	$11.17B	$10.21B	$11.63B	$11.53B	$2.853B	$3.448B	$3.697B	$919.0M	$1.044B	$1.287B	$228.0M	$419.0M	$540.0M	$540.0M	$578.0M	$589.0M	$619.0M
YoY Change	10.88%	-5.0%	9.41%	-12.2%	0.84%	304.07%	-17.26%	-6.74%	302.29%	-11.97%	-18.88%	464.47%	-45.58%	-22.41%	0.0%	-6.57%	-1.87%	-4.85%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	248.3M	254.0M	255.6M	256.4M	252.9M	232.5M	204.9M	200.3M	182.2M	83.31M	81.20M	78.32M shares	76.48M shares
Diluted Shares Outstanding	254.5M	262.0M	267.3M	266.6M	264.2M	243.7M	211.6M	205.8M	190.9M	87.33M	85.62M	82.89M shares	80.71M 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: $19.049 Billion

About SS&C Technologies Holdings Inc

SS&C Technologies Holdings, Inc. engages in the development and provision of software solutions to the financial services and healthcare industries. The company is headquartered in Windsor, Connecticut and currently employs 26,600 full-time employees. The company went IPO on 2010-03-31. The firm provides software-enabled services that allow financial services providers to automate business processes. The firm allows its clients to automate and integrate front-office functions such as trading and modeling, middle-office functions such as portfolio management and reporting, and back-office functions such as accounting, transfer agency, compliance and regulatory services. The firm provides its solutions within the institutional asset and wealth management, alternative investment management, retirement, financial advisory and financial institutions vertical markets. The company provides solutions to the healthcare industry, including pharmacy, healthcare administration and health outcomes optimization solutions. Its healthcare solutions include claims adjudication, benefit management, care management and business intelligence services.

Industry: Services-Prepackaged Software Peers: Affirm Holdings, Inc. Block, Inc. BROADRIDGE FINANCIAL SOLUTIONS, INC. Concentrix Corp CORPAY, INC. GLOBAL PAYMENTS INC JACK HENRY & ASSOCIATES INC Toast, Inc. VISA INC. WEX Inc.