15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.2% per year over the past 5 years.
Net income has grown faster than revenue (9.9% vs 9.2% per year).
Operating margin has expanded, at 32.2% in the latest year.
Free cash flow has grown 7.6% per year over the past 5 years.
Financial health
Total debt ($1.4B) exceeds cash ($338M); net debt is $1.0B.
Total debt has grown faster than revenue (19.0% vs 9.2% per year).
Operating income covered interest expense 13× in the latest year.
Total debt is 1.5× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 26.8% of earnings and 25.9% of free cash flow.
The dividend has grown 7.7% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$2.3B
$597M
52.7%
32.2%
$617M
$1.4B
$338M
2024
$2.2B
$537M
54.1%
31.8%
$615M
$1.4B
$423M
2023
$2.1B
$468M
53.3%
30.2%
$585M
$1.6B
$425M
2022
$1.8B
$397M
52.8%
25.8%
$487M
$2.0B
$503M
2021
$1.6B
$400M
50.6%
29.8%
$494M
$575M
$682M
2020
$1.5B
$373M
53.5%
29.4%
$428M
$574M
$586M
2019
$1.4B
$353M
53.8%
30.5%
—
$574M
$360M
2018
$1.4B
$267M
51.2%
27.1%
—
$575M
$209M
2017
—
$258M
—
—
—
$575M
$195M
2016
—
$339M
—
—
—
$300M
$228M
2015
—
$241M
—
—
—
$35M
$159M
2014
—
$212M
—
—
—
$0
$116M
2013
—
$199M
—
—
—
—
$197M
2012
—
$189M
—
—
—
—
$189M
2011
—
$171M
—
—
—
—
$182M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Feb '26
$611M
$133M
51.4%
30.3%
$186M
$1.4B
$268M
Nov '25
$608M
$153M
52.6%
31.6%
$90M
$1.4B
$275M
Aug '25
$597M
$154M
51.6%
29.7%
$178M
$1.4B
$338M
May '25
$586M
$149M
52.1%
33.2%
$229M
$1.4B
$356M
Feb '25
$571M
$145M
52.8%
32.5%
$150M
$1.5B
$279M
Nov '24
$569M
$150M
54.5%
33.6%
$60M
$1.4B
$289M
Aug '24
$562M
$89M
54.1%
22.7%
$137M
$1.4B
$423M
May '24
$553M
$158M
55.3%
36.6%
$217M
$1.4B
$453M
Feb '24
$546M
$141M
53.3%
33.3%
$122M
$1.5B
$382M
Nov '23
$542M
$149M
53.6%
34.9%
$139M
$1.6B
$412M
Aug '23
$536M
$65M
50.8%
21.7%
$156M
$1.6B
$425M
May '23
$530M
$135M
54.4%
32.5%
$193M
$1.7B
$487M
Feb '23
$515M
$132M
53.2%
32.9%
$147M
$1.7B
$445M
Nov '22
$505M
$137M
55.0%
34.1%
$89M
$1.9B
$437M
Aug '22
$499M
$104M
51.5%
26.5%
$136M
$2.0B
$503M
May '22
$489M
$75M
54.5%
19.9%
$177M
$2.1B
$527M
Feb '22
$431M
$110M
53.7%
28.6%
$110M
$575M
$773M
Nov '21
$425M
$108M
51.2%
28.9%
$64M
$575M
$674M
Aug '21
$412M
$101M
52.0%
28.9%
$171M
$575M
$682M
May '21
$400M
$101M
48.6%
29.5%
—
$574M
$658M
Valuation over time
How the market has priced FDS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 38.1× (Mar '23) to 12.8× (Jun '26).
The price-to-sales ratio has fallen from 8.2× (Mar '23) to 3.3× (Jun '26).
The dividend yield has risen from 0.8% (Mar '23) to 2.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FDS growing its revenue and profit?
Over the past 5 years, FactSet's revenue has grown 9.2% per year, and net income grown 9.9% per year. These are computed facts, not advice.
How much debt does FDS have?
As of FY2025, FactSet reported $1.4B of total debt against $338M of cash; operating income covered interest expense 13×.
What is FDS's profit margin?
In FY2025, gross margin was 52.7%, operating margin 32.2%, and net margin 25.7%.
What is FDS's P/E ratio?
As of Jun '26, FactSet traded at a price-to-earnings ratio of about 12.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.