FactSet Research Systems Inc. (FDS) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Financial - Data & Stock Exchanges
EV/EBITDA
↓
11.59
↓-51% vs avg
5yr avg: 23.41
30Y Low5.1·High30.6
P/FCF
↓
15.60
↓-45% vs avg
5yr avg: 28.59
30Y Low14.6·High80.0
P/B Ratio
↓
3.93
↓-63% vs avg
5yr avg: 10.52
30Y Low4.9·High17.2
ROE
↓
29.1%
-13% vs avg
5yr avg: 33.4%
30Y Low23%·High65%
Debt/EBITDA
↑
1.66
↓-25% vs avg
5yr avg: 2.21
30Y Low0.0·High3.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FDS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
FactSet Research Systems Inc. trades at 14.4x earnings, 58% below its 5-year average of 33.9x, sitting at the 0th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a premium of 10%. On a free-cash-flow basis, the stock trades at 15.6x P/FCF, 45% below the 5-year average of 28.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.6B | $14.3B | $16.3B | $17.0B | $16.8B | $14.7B | $13.5B | $10.6B | $9.0B | $6.2B | $7.4B |
| Enterprise Value | $10.9B | $15.6B | $17.5B | $18.4B | $18.5B | $14.8B | $13.8B | $10.8B | $9.4B | $6.6B | $7.4B |
| P/E Ratio → | 14.40 | 24.01 | 30.40 | 36.25 | 42.28 | 36.70 | 36.31 | 29.97 | 33.83 | 24.14 | 21.74 |
| P/S Ratio | 4.15 | 6.17 | 7.41 | 8.14 | 9.10 | 9.21 | 9.06 | 7.37 | 6.69 | 5.10 | 6.53 |
| P/B Ratio | 3.93 | 6.55 | 8.54 | 10.48 | 12.61 | 14.43 | 15.08 | 15.73 | 17.18 | 11.13 | 14.23 |
| P/FCF | 15.60 | 23.21 | 26.57 | 29.03 | 34.46 | 29.69 | 31.62 | 28.76 | 25.65 | 21.97 | 25.99 |
| P/OCF | 13.27 | 19.73 | 23.32 | 26.30 | 31.18 | 26.41 | 26.77 | 24.76 | 23.42 | 19.44 | 22.24 |
P/E links to full P/E history page with 30-year chart
FDS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
FactSet Research Systems Inc.'s enterprise value stands at 11.6x EBITDA, 51% below its 5-year average of 23.4x. This is roughly in line with the Financial Services sector median of 11.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.70 | 7.93 | 8.82 | 10.03 | 9.33 | 9.26 | 7.52 | 6.96 | 5.41 | 6.60 |
| EV / EBITDA | 11.59 | 16.60 | 20.40 | 23.95 | 30.57 | 25.54 | 25.59 | 21.65 | 22.19 | 16.51 | 19.18 |
| EV / EBIT | 14.51 | 20.01 | 24.37 | 28.28 | 38.60 | 31.33 | 31.65 | 24.60 | 25.53 | 18.77 | 21.26 |
| EV / FCF | — | 25.19 | 28.44 | 31.45 | 37.98 | 30.07 | 32.30 | 29.34 | 26.69 | 23.31 | 26.24 |
FDS Profitability
Margins and return-on-capital ratios measuring operating efficiency
FactSet Research Systems Inc. earns an operating margin of 32.2%, above the Financial Services sector average of 21.6%. Operating margins have expanded from 30.2% to 32.2% over the past 3 years, signaling improving operational efficiency. ROE of 29.1% indicates solid capital efficiency, compared to the sector median of 9.4%. ROIC of 15.5% represents solid returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 52.7% | 52.7% | 54.1% | 53.3% | 52.8% | 50.6% | 53.5% | 53.8% | 51.2% | 53.6% | 56.8% |
| Operating Margin | 32.2% | 32.2% | 31.8% | 30.2% | 25.8% | 29.8% | 29.4% | 30.5% | 27.1% | 28.8% | 31.0% |
| Net Profit Margin | 25.7% | 25.7% | 24.4% | 22.4% | 21.5% | 25.1% | 25.0% | 24.6% | 19.8% | 21.1% | 30.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 29.1% | 29.1% | 30.4% | 31.7% | 33.8% | 41.7% | 47.5% | 58.9% | 49.2% | 48.0% | 64.6% |
| ROA | 14.3% | 14.3% | 13.4% | 11.7% | 12.7% | 18.6% | 20.5% | 23.7% | 18.9% | 21.2% | 38.6% |
| ROIC | 15.5% | 15.5% | 15.1% | 13.5% | 13.1% | 19.4% | 21.8% | 28.0% | 24.6% | 27.1% | 37.9% |
| ROCE | 20.9% | 20.9% | 20.4% | 17.9% | 17.3% | 25.5% | 27.9% | 34.5% | 30.4% | 34.0% | 48.0% |
FDS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
FactSet Research Systems Inc. carries a Debt/EBITDA ratio of 1.7x, which is manageable (60% below the sector average of 4.1x). Net debt stands at $1.2B ($1.6B total debt minus $338M cash). Interest coverage of 13.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.71 | 0.71 | 0.82 | 1.14 | 1.67 | 0.85 | 0.97 | 0.85 | 1.09 | 1.03 | 0.58 |
| Debt / EBITDA | 1.66 | 1.66 | 1.84 | 2.40 | 3.67 | 1.49 | 1.62 | 1.15 | 1.36 | 1.44 | 0.77 |
| Net Debt / Equity | — | 0.56 | 0.60 | 0.87 | 1.29 | 0.18 | 0.32 | 0.32 | 0.70 | 0.68 | 0.14 |
| Net Debt / EBITDA | 1.30 | 1.30 | 1.34 | 1.84 | 2.84 | 0.32 | 0.54 | 0.43 | 0.86 | 0.95 | 0.18 |
| Debt / FCF | — | 1.98 | 1.87 | 2.42 | 3.52 | 0.37 | 0.68 | 0.58 | 1.04 | 1.34 | 0.25 |
| Interest Coverage | 13.29 | 13.29 | 10.66 | 9.50 | 13.32 | 57.81 | 44.73 | 26.35 | 22.49 | 42.94 | 127.81 |
FDS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.40x means FactSet Research Systems Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.59x to 1.40x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.40 | 1.40 | 1.25 | 1.59 | 1.99 | 2.96 | 3.05 | 2.67 | 1.95 | 2.04 | 2.33 |
| Quick Ratio | 1.40 | 1.40 | 1.25 | 1.59 | 1.99 | 2.96 | 3.05 | 2.67 | 1.95 | 2.04 | 2.33 |
| Cash Ratio | 0.65 | 0.65 | 0.63 | 0.88 | 1.15 | 2.16 | 2.12 | 1.64 | 0.94 | 0.97 | 1.44 |
| Asset Turnover | — | 0.54 | 0.54 | 0.53 | 0.46 | 0.72 | 0.72 | 0.92 | 0.95 | 0.86 | 1.11 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FDS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
FactSet Research Systems Inc. returns 5.0% to shareholders annually — split between a 1.9% dividend yield and 3.1% buyback yield. The payout ratio of 26.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.9% | 1.1% | 0.9% | 0.8% | 0.8% | 0.8% | 0.8% | 0.9% | 1.0% | 1.3% | 1.0% |
| Payout Ratio | 26.8% | 26.8% | 28.1% | 29.6% | 31.7% | 29.5% | 29.6% | 28.4% | 33.5% | 31.3% | 21.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.9% | 4.2% | 3.3% | 2.8% | 2.4% | 2.7% | 2.8% | 3.3% | 3.0% | 4.1% | 4.6% |
| FCF Yield | 6.4% | 4.3% | 3.8% | 3.4% | 2.9% | 3.4% | 3.2% | 3.5% | 3.9% | 4.6% | 3.8% |
| Buyback Yield | 3.1% | 2.1% | 1.4% | 1.0% | 0.1% | 1.8% | 1.5% | 2.1% | 3.4% | 4.2% | 4.8% |
| Total Shareholder Yield | 5.0% | 3.2% | 2.4% | 1.9% | 0.9% | 2.6% | 2.3% | 3.0% | 4.4% | 5.5% | 5.9% |
| Shares Outstanding | — | $38M | $39M | $39M | $39M | $39M | $39M | $39M | $39M | $40M | $41M |
Peer Comparison
Compare FDS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FDSYou | $10B | 14.4 | 11.6 | 15.6 | 52.7% | 32.2% | 29.1% | 15.5% | 1.7 |
 MSCI | $43B | 37.8 | 25.2 | 27.6 | 82.4% | 54.7% | — | 34.9% | 3.3 |
 ICE | $88B | 27.1 | 16.7 | 20.6 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 SPGI | $127B | 29.2 | 18.2 | 23.3 | 70.2% | 42.2% | 12.1% | 9.7% | 1.9 |
 MCO | $81B | 33.4 | 21.9 | 31.5 | 68.2% | 44.8% | 62.0% | 22.5% | 1.9 |
 TRI | $41B | 27.5 | 14.4 | 19.8 | 36.4% | 26.3% | 12.8% | 11.2% | 0.7 |
 VRSK | $23B | 26.9 | 15.3 | 19.2 | 67.3% | 44.6% | 437.9% | 33.0% | 3.0 |
 MDB | $24B | -333.4 | — | 47.3 | 71.7% | -5.6% | -2.5% | -4.9% | — |
 BLZE | $450M | -16.3 | 94.2 | 23.9 | 60.9% | -13.8% | -31.8% | -14.1% | 15.3 |
 NDAQ | $51B | 28.8 | 20.1 | 25.4 | 47.9% | 28.4% | 15.3% | 8.1% | 3.3 |
 CME | $104B | 25.7 | 23.0 | 24.8 | 86.1% | 64.9% | 14.6% | 10.2% | 0.8 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonFDS — Frequently Asked Questions
Quick answers to the most common questions about buying FDS stock.
What is FactSet Research Systems Inc.'s P/E ratio?
FactSet Research Systems Inc.'s current P/E ratio is 14.4x. The historical average is 29.7x.
What is FactSet Research Systems Inc.'s EV/EBITDA?
FactSet Research Systems Inc.'s current EV/EBITDA is 11.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.0x.
What is FactSet Research Systems Inc.'s ROE?
FactSet Research Systems Inc.'s return on equity (ROE) is 29.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 35.0%.
Is FDS stock overvalued?
Based on historical data, FactSet Research Systems Inc. is trading at a P/E of 14.4x. Compare with industry peers and growth rates for a complete picture.
What is FactSet Research Systems Inc.'s dividend yield?
FactSet Research Systems Inc.'s current dividend yield is 1.86% with a payout ratio of 26.8%.
What are FactSet Research Systems Inc.'s profit margins?
FactSet Research Systems Inc. has 52.7% gross margin and 32.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does FactSet Research Systems Inc. have?
FactSet Research Systems Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.