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Broadridge Financial Solutions, Inc. (BR) 10-Year Financial Performance & Capital Metrics

BR • • Industrial / General
TechnologySoftware ServicesFinancial Technology & ServicesFinancial Services Technology Platforms
AboutBroadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions. It also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services; data and analytics solutions; solutions for public corporations and mutual funds; SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. The company's Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.Show more
  • Revenue $6.89B +5.9%
  • EBITDA $1.69B +12.8%
  • Net Income $840M +20.3%
  • EPS (Diluted) 7.10 +21.2%
  • Gross Margin 31.02% +4.4%
  • EBITDA Margin 24.48% +6.6%
  • Operating Margin 17.25% +10.4%
  • Net Margin 12.19% +13.6%
  • ROE 34.81% +9.9%
  • ROIC 16.22% +17.8%
  • Debt/Equity 1.30 -21.0%
  • Interest Coverage 8.75 +29.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 32.3%
  • ✓Strong Piotroski F-Score: 8/9
  • ✓FCF machine: 15.3% free cash flow margin
  • ✓18 consecutive years of dividend growth
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy 5Y average net margin of 10.7%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y9.84%
5Y8.75%
3Y6.46%
TTM8.57%

Profit (Net Income) CAGR

10Y11.33%
5Y12.66%
3Y15.91%
TTM34.66%

EPS CAGR

10Y11.83%
5Y12.44%
3Y15.99%
TTM35.12%

ROCE

10Y Avg18.69%
5Y Avg14.52%
3Y Avg16.14%
Latest17.6%

Peer Comparison

Financial Services Technology Platforms
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BRBroadridge Financial Solutions, Inc.25.61B219.3630.905.88%13.11%38.83%4.13%1.30

Profit & Loss

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+2.9B4.14B4.33B4.36B4.53B4.99B5.71B6.06B6.51B6.89B
Revenue Growth %0.08%0.43%0.05%0.01%0.04%0.1%0.14%0.06%0.07%0.06%
Cost of Goods Sold+1.98B3.11B3.17B3.13B3.27B3.57B4.12B4.28B4.57B4.75B
COGS % of Revenue0.68%0.75%0.73%0.72%0.72%0.72%0.72%0.71%0.7%0.69%
Gross Profit+921.1M1.03B1.16B1.23B1.26B1.42B1.59B1.79B1.93B2.14B
Gross Margin %0.32%0.25%0.27%0.28%0.28%0.28%0.28%0.29%0.3%0.31%
Gross Profit Growth %0.06%0.12%0.12%0.06%0.03%0.13%0.12%0.12%0.08%0.1%
Operating Expenses+420.9M501.4M565.4M577.5M639M744.3M832.3M849M916.8M948.3M
OpEx % of Revenue0.15%0.12%0.13%0.13%0.14%0.15%0.15%0.14%0.14%0.14%
Selling, General & Admin420.9M501.4M565.4M577.5M639M744.3M832.3M849M916.8M948.2M
SG&A % of Revenue0.15%0.12%0.13%0.13%0.14%0.15%0.15%0.14%0.14%0.14%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses000000000100K
Operating Income+500.3M531.6M598.1M652.7M624.9M678.7M759.9M936.4M1.02B1.19B
Operating Margin %0.17%0.13%0.14%0.15%0.14%0.14%0.13%0.15%0.16%0.17%
Operating Income Growth %0.07%0.06%0.13%0.09%-0.04%0.09%0.12%0.23%0.09%0.17%
EBITDA+611.4M704.7M810.2M912.7M924.2M1.01B1.22B1.36B1.5B1.69B
EBITDA Margin %0.21%0.17%0.19%0.21%0.2%0.2%0.21%0.22%0.23%0.24%
EBITDA Growth %0.07%0.15%0.15%0.13%0.01%0.1%0.21%0.11%0.1%0.13%
D&A (Non-Cash Add-back)111.1M173.1M212.1M260M299.3M334.7M464M425M477.9M498.1M
EBIT497.3M532.9M603.4M652.8M624.9M678.6M759.9M936.4M1.03B1.19B
Net Interest Income+-25.8M-42.7M-38.6M-41.7M-58.8M-55.3M-84.7M-135.5M-138.1M-122.7M
Interest Income2.6M2M3.8M4.2M3.7M2.2M3M8.2M12.1M13.1M
Interest Expense28.4M44.7M42.4M45.9M62.5M57.5M87.7M143.7M150.2M135.8M
Other Income/Expense-31.4M-43.5M-37.1M-45.4M-45.4M17.5M-87.7M-141.5M-139.7M-129.9M
Pretax Income+468.9M488.1M561M607.3M579.5M696.2M672.2M794.9M877.4M1.06B
Pretax Margin %0.16%0.12%0.13%0.14%0.13%0.14%0.12%0.13%0.13%0.15%
Income Tax+161.4M161.4M133.1M125.2M117M148.7M133.1M164.3M179.3M219.2M
Effective Tax Rate %0.66%0.67%0.76%0.79%0.8%0.79%0.8%0.79%0.8%0.79%
Net Income+307.5M326.8M427.9M482.1M462.5M547.5M539.1M630.6M698.1M839.5M
Net Margin %0.11%0.08%0.1%0.11%0.1%0.11%0.09%0.1%0.11%0.12%
Net Income Growth %0.07%0.06%0.31%0.13%-0.04%0.18%-0.02%0.17%0.11%0.2%
Net Income (Continuing)307.5M326.8M427.9M482.1M462.5M547.5M539.1M630.6M698.1M839.5M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+2.532.713.554.063.954.654.555.305.867.10
EPS Growth %0.09%0.07%0.31%0.14%-0.03%0.18%-0.02%0.16%0.11%0.21%
EPS (Basic)2.602.773.664.164.034.734.625.365.937.17
Diluted Shares Outstanding121.6M120.8M120.4M118.8M117M117.8M118.5M119M119.1M118.3M
Basic Shares Outstanding118.3M118M116.8M115.9M114.7M115.7M116.7M117.7M117.7M117.1M
Dividend Payout Ratio0.45%0.47%0.39%0.44%0.52%0.48%0.54%0.52%0.53%0.48%

Balance Sheet

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+1.29B989.6M991.1M1.04B1.33B1.26B1.33B1.39B1.54B1.82B
Cash & Short-Term Investments727.7M271.1M263.9M273.2M476.6M274.5M224.7M252.3M305.2M561.5M
Cash Only727.7M271.1M263.9M273.2M476.6M274.5M224.7M252.3M304.4M561.5M
Short-Term Investments00000000800K0
Accounts Receivable453.4M589.5M615M664M711.3M820.3M946.9M974M1.07B1.08B
Days Sales Outstanding57.1351.9451.8455.5657.3259.9660.5458.6659.7757.07
Inventory8.2M17.2M18.5M21.1M21.5M0034.1M30.5M0
Days Inventory Outstanding1.512.022.132.462.4--2.912.43-
Other Current Assets108M129M93.7M105.1M140.1M166.5M156.8M166.2M139.6M178.5M
Total Non-Current Assets+1.59B2.16B2.31B2.84B3.56B6.86B6.84B6.84B6.7B6.73B
Property, Plant & Equipment112.2M198.1M204.1M189M161.6M439.2M373.7M145.7M348.4M346.3M
Fixed Asset Turnover25.82x20.91x21.21x23.08x28.03x11.37x15.28x41.60x18.68x19.89x
Goodwill999.3M1.16B1.25B1.5B1.67B3.72B3.48B3.46B3.47B3.61B
Intangible Assets210.3M486.4M494.1M556.2M583.8M1.42B1.08B1.47B1.31B1.28B
Long-Term Investments48.5M63.4M80.3M100.4M141.6M194M221.6M241.9M456.3M299.2M
Other Non-Current Assets268.9M316.4M360.5M593.1M1.14B1.08B1.68B829.2M1.1B1.2B
Total Assets+2.88B3.15B3.3B3.88B4.89B8.12B8.17B8.23B8.24B8.54B
Asset Turnover1.01x1.32x1.31x1.12x0.93x0.62x0.70x0.74x0.79x0.81x
Asset Growth %0.22%0.09%0.05%0.17%0.26%0.66%0.01%0.01%0%0.04%
Total Current Liabilities+693M744.9M777.3M802.6M1.34B1.29B1.31B2.4B1.42B1.86B
Accounts Payable133.2M167.2M156.2M133.7M151.8M248.9M244.9M157.3M314M220.3M
Days Payables Outstanding24.6119.6317.9915.5816.9725.4421.7113.4325.0616.92
Short-Term Debt124.8M000399.9M001.18B0499.3M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities20.9M193.1M261.3M276.9M213.1M343.7M348.1M416M175.6M372.8M
Current Ratio1.86x1.33x1.28x1.30x0.99x0.98x1.01x0.58x1.08x0.98x
Quick Ratio1.85x1.31x1.25x1.27x0.97x0.98x1.01x0.57x1.06x0.98x
Cash Conversion Cycle34.0334.3335.9942.4442.76--48.1437.15-
Total Non-Current Liabilities+1.13B1.4B1.43B1.95B2.2B5.02B4.94B3.59B4.65B4.03B
Long-Term Debt890.7M1.1B1.05B1.47B1.39B3.89B3.79B2.23B3.36B2.75B
Capital Lease Obligations0000288.3M263.1M227.8M198.5M183.8M169.5M
Deferred Tax Liabilities61.6M82M57.9M86.7M126.8M400.7M446.1M391.3M277.3M261M
Other Non-Current Liabilities111.7M142.7M246.6M232.8M224.1M274M253.6M277.5M367M415.8M
Total Liabilities1.83B2.15B2.21B2.75B3.54B6.31B6.25B5.99B6.07B5.89B
Total Debt+1.02B1.1B1.05B1.47B2.11B4.19B4.07B3.65B3.58B3.46B
Net Debt287.8M831M789.5M1.2B1.63B3.92B3.84B3.4B3.27B2.9B
Debt / Equity0.97x1.10x0.96x1.30x1.57x2.32x2.12x1.63x1.65x1.30x
Debt / EBITDA1.66x1.56x1.30x1.61x2.28x4.14x3.32x2.68x2.39x2.05x
Net Debt / EBITDA0.47x1.18x0.97x1.31x1.77x3.86x3.14x2.50x2.19x1.72x
Interest Coverage17.62x11.89x14.11x14.22x10.00x11.80x8.66x6.52x6.77x8.75x
Total Equity+1.05B1B1.09B1.13B1.35B1.81B1.92B2.24B2.17B2.66B
Equity Growth %0.13%-0.04%0.09%0.03%0.19%0.34%0.06%0.17%-0.03%0.22%
Book Value per Share8.608.319.099.4911.5115.3616.2018.8318.2022.44
Total Shareholders' Equity1.05B1B1.09B1.13B1.35B1.81B1.92B2.24B2.17B2.66B
Common Stock1.6M1.6M1.6M1.6M1.6M1.6M1.6M1.6M1.6M1.6M
Retained Earnings1.3B1.47B1.73B2.09B2.3B2.58B2.82B3.11B3.44B3.86B
Treasury Stock-1.12B000-2.04B-2.03B-2.02B-2.03B-2.49B-2.6B
Accumulated OCI-38.2M-55.8M-51.9M-71.2M-100.4M9.2M-226.3M-284.7M-331.7M-272.9M
Minority Interest0000000000

Cash Flow

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+437.7M515.9M693.6M617M598.2M640.1M443.5M823.3M1.06B1.17B
Operating CF Margin %0.15%0.12%0.16%0.14%0.13%0.13%0.08%0.14%0.16%0.17%
Operating CF Growth %0.01%0.18%0.34%-0.11%-0.03%0.07%-0.31%0.86%0.28%0.11%
Net Income307.5M326.8M427.9M482.1M462.5M547.5M539.1M630.6M698.1M839.5M
Depreciation & Amortization84.4M141.2M163.5M172.6M196.7M221.1M332.6M298.8M477.9M327.3M
Stock-Based Compensation43.1M46.1M55.1M58.4M60.8M58.6M68.4M73.1M70.6M73.4M
Deferred Taxes-5.9M-14.7M-9.3M-3.5M29M52M50.7M-50.8M-119.7M-5.2M
Other Non-Cash Items700K-8.1M27.4M49.9M106.1M46.7M153.1M101.2M-39.5M160.9M
Working Capital Changes7.9M24.6M29M-142.5M-256.9M-285.8M-700.4M-229.6M-31.2M-224.6M
Change in Receivables-5.3M-44.4M-18.6M-34.9M-33.5M-42.4M-85.4M19.6M-37.4M31.8M
Change in Inventory4.1M57.3M-16.2M10.9M-58.6M-144.3M26.7M104.5M00
Change in Payables6.2M16.2M43M-10.9M58.6M144.3M-26.7M-104.5M136.5M-146.5M
Cash from Investing+-136.9M-659.3M-249.3M-433.5M-441.7M-2.65B-110.4M-80.4M-148M-316.2M
Capital Expenditures-75.5M-203.7M-137.9M-72.6M-98.7M-100.7M-73.1M-75.2M-113M-114.9M
CapEx % of Revenue0.03%0.05%0.03%0.02%0.02%0.02%0.01%0.01%0.02%0.02%
Acquisitions----------
Investments----------
Other Investing1.4M5.1M-3.1M-6.2M-3.9M-116.8M-24M-5.2M-700K-7.8M
Cash from Financing+108.6M-311.7M-449.9M-173M51.2M1.8B-370.8M-714.7M-855.5M-600.8M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-138.2M-152.2M-165.8M-211.2M-241M-261.7M-290.7M-331M-368.2M-402.3M
Share Repurchases----------
Other Financing33.7M98.3M43M20.3M32.4M-13.3M38.2M25.6M58.1M40.8M
Net Change in Cash----------
Free Cash Flow+362.2M312.2M555.7M544.4M499.5M539.4M370.4M748.1M943.2M1.06B
FCF Margin %0.13%0.08%0.13%0.12%0.11%0.11%0.06%0.12%0.14%0.15%
FCF Growth %-0.01%-0.14%0.78%-0.02%-0.08%0.08%-0.31%1.02%0.26%0.12%
FCF per Share2.982.584.624.584.274.583.136.297.928.93
FCF Conversion (FCF/Net Income)1.42x1.58x1.62x1.28x1.29x1.17x0.82x1.31x1.51x1.40x
Interest Paid26.7M43.1M40.5M43.4M58.5M56M82.3M136.6M143M131.5M
Taxes Paid122.4M113.4M177.6M119.5M100.9M98M77.4M180.2M240.2M279.8M

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)31.17%31.89%40.79%43.39%37.39%34.7%28.92%30.32%31.67%34.81%
Return on Invested Capital (ROIC)28.57%25.17%24.12%23.26%17.67%11.69%9.92%12.32%13.77%16.22%
Gross Margin31.8%24.94%26.8%28.2%27.91%28.49%27.89%29.46%29.72%31.02%
Net Margin10.61%7.89%9.88%11.05%10.21%10.96%9.44%10.4%10.73%12.19%
Debt / Equity0.97x1.10x0.96x1.30x1.57x2.32x2.12x1.63x1.65x1.30x
Interest Coverage17.62x11.89x14.11x14.22x10.00x11.80x8.66x6.52x6.77x8.75x
FCF Conversion1.42x1.58x1.62x1.28x1.29x1.17x0.82x1.31x1.51x1.40x
Revenue Growth7.53%43%4.52%0.75%3.82%10.26%14.33%6.16%7.36%5.88%

Revenue by Segment

2016201720182019202020212022202320242025
Recurring Fee Revenue---2.76B3.04B3.33B3.75B3.99B4.22B4.51B
Recurring Fee Revenue Growth----10.04%9.77%12.49%6.33%5.92%6.76%
Distribution Revenue----1.45B-1.72B1.86B2B2.06B
Distribution Revenue Growth-------8.47%7.29%3.15%
Event-Driven Revenue---244.5M178M237.3M269.6M211M285.2M319.3M
Event-Driven Revenue Growth-----27.20%33.31%13.61%-21.74%35.17%11.96%
Foreign Currency Exchange Revenue---102.4M-131.9M----
Foreign Currency Exchange Revenue Growth----------
Investor Communication Solutions2.22B3.42B3.5B-------
Investor Communication Solutions Growth-54.09%2.17%-------
Global Technology And Operations738M802.7M911.6M-------
Global Technology And Operations Growth-8.77%13.57%-------

Revenue by Geography

2016201720182019202020212022202320242025
UNITED STATES2.58B3.77B3.91B3.91B3.99B4.37B4.88B5.26B5.62B5.91B
UNITED STATES Growth-46.08%3.59%0.17%1.94%9.54%11.66%7.78%6.85%5.10%
UNITED KINGDOM78.3M---144.4M-386M392.2M445.9M464.7M
UNITED KINGDOM Growth-------1.61%13.69%4.22%
CANADA213.7M251.4M273.6M279.5M341.6M360.1M398.1M367.4M393.9M463.8M
CANADA Growth-17.64%8.83%2.16%22.22%5.42%10.55%-7.71%7.21%17.75%
Others-27.3M30.4M41.4M-19.7M----
Others Growth--11.36%36.18%------

Frequently Asked Questions

Valuation & Price

Broadridge Financial Solutions, Inc. (BR) has a price-to-earnings (P/E) ratio of 30.9x. This suggests investors expect higher future growth.

Growth & Financials

Broadridge Financial Solutions, Inc. (BR) reported $7.06B in revenue for fiscal year 2025. This represents a 206% increase from $2.30B in 2012.

Broadridge Financial Solutions, Inc. (BR) grew revenue by 5.9% over the past year. This is steady growth.

Yes, Broadridge Financial Solutions, Inc. (BR) is profitable, generating $925.1M in net income for fiscal year 2025 (12.2% net margin).

Dividend & Returns

Yes, Broadridge Financial Solutions, Inc. (BR) pays a dividend with a yield of 1.55%. This makes it attractive for income-focused investors.

Broadridge Financial Solutions, Inc. (BR) has a return on equity (ROE) of 34.8%. This is excellent, indicating efficient use of shareholder capital.

Broadridge Financial Solutions, Inc. (BR) generated $1.27B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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