Jack Henry & Associates, Inc. (JKHY) Financial Ratios
30 years of historical data (1996–2025) · Technology · Information Technology Services
EV/EBITDA
↓
13.24
↓-27% vs avg
5yr avg: 18.25
30Y Low7.7·High33.0
P/FCF
↓
17.58
↓-41% vs avg
5yr avg: 29.90
30Y Low10.1·High188.3
P/B Ratio
↓
4.90
↓-31% vs avg
5yr avg: 7.14
30Y Low2.7·High13.8
ROE
↑
21.4%
-0% vs avg
5yr avg: 21.5%
30Y Low14%·High34%
Debt/EBITDA
↑
N/A
—
5yr avg: 0.27
30Y Low0.0·High1.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
JKHY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Jack Henry & Associates, Inc. trades at 22.9x earnings, 33% below its 5-year average of 34.0x, sitting at the 27th percentile of its historical range. Compared to the Technology sector median P/E of 27.5x, the stock trades at a discount of 17%. On a free-cash-flow basis, the stock trades at 17.6x P/FCF, 41% below the 5-year average of 29.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $10.3B | $13.2B | $12.1B | $12.2B | $13.2B | $12.4B | $14.2B | $10.4B | $10.1B | $8.1B | $7.0B |
| Enterprise Value | $10.2B | $13.1B | $12.0B | $12.3B | $13.5B | $12.4B | $13.9B | $10.3B | $10.1B | $8.1B | $6.9B |
| P/E Ratio → | 22.90 | 28.87 | 31.74 | 33.33 | 36.44 | 39.69 | 47.68 | 38.05 | 26.88 | 33.08 | 27.97 |
| P/S Ratio | 4.35 | 5.54 | 5.47 | 5.89 | 6.81 | 7.04 | 8.34 | 6.67 | 6.58 | 5.68 | 5.14 |
| P/B Ratio | 4.90 | 6.18 | 5.69 | 6.64 | 8.22 | 8.95 | 9.14 | 7.83 | 7.98 | 7.88 | 6.98 |
| P/FCF | 17.58 | 22.38 | 23.78 | 35.72 | 28.15 | 39.49 | 42.51 | 27.44 | 27.19 | 25.77 | 22.53 |
| P/OCF | 16.12 | 20.52 | 21.34 | 32.06 | 26.22 | 24.51 | 27.73 | 24.03 | 24.54 | 22.75 | 19.06 |
P/E links to full P/E history page with 30-year chart
JKHY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Jack Henry & Associates, Inc.'s enterprise value stands at 13.2x EBITDA, 27% below its 5-year average of 18.2x. The Technology sector median is 17.4x, placing the stock at a 24% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.50 | 5.43 | 5.94 | 6.94 | 7.07 | 8.22 | 6.65 | 6.56 | 5.63 | 5.08 |
| EV / EBITDA | 13.24 | 16.88 | 17.44 | 18.38 | 20.69 | 17.85 | 25.24 | 16.69 | 15.79 | 15.89 | 14.02 |
| EV / EBIT | 18.00 | 21.89 | 23.37 | 25.21 | 28.42 | 31.19 | 36.64 | 29.66 | 28.16 | 23.58 | 19.03 |
| EV / FCF | — | 22.20 | 23.58 | 36.05 | 28.71 | 39.70 | 41.88 | 27.35 | 27.10 | 25.57 | 22.31 |
JKHY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Jack Henry & Associates, Inc. earns an operating margin of 23.9%. ROE of 21.4% indicates solid capital efficiency. ROIC of 21.0% represents excellent returns on invested capital.
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 | 42.7% | 42.7% | 41.3% | 41.3% | 41.9% | 39.5% | 40.6% | 40.6% | 43.1% | 42.8% | 42.9% |
| Operating Margin | 23.9% | 23.9% | 22.1% | 23.1% | 24.4% | 22.7% | 22.4% | 22.4% | 25.5% | 25.7% | 26.7% |
| Net Profit Margin | 19.2% | 19.2% | 17.2% | 17.6% | 18.7% | 17.7% | 17.5% | 17.5% | 24.5% | 17.2% | 18.4% |
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 | 21.4% | 21.4% | 19.2% | 21.2% | 24.3% | 21.3% | 20.7% | 21.0% | 32.8% | 24.2% | 25.0% |
| ROA | 15.0% | 15.0% | 12.8% | 12.9% | 13.9% | 12.8% | 13.3% | 13.3% | 19.0% | 13.2% | 13.6% |
| ROIC | 21.0% | 21.0% | 18.4% | 18.8% | 21.4% | 21.5% | 22.2% | 21.1% | 26.7% | 29.1% | 29.8% |
| ROCE | 22.7% | 22.7% | 20.4% | 21.2% | 22.8% | 20.7% | 21.8% | 22.2% | 26.2% | 27.9% | 28.0% |
JKHY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $102M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 57.1x 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 | — | — | — | 0.08 | 0.17 | 0.08 | 0.00 | — | — | 0.05 | 0.00 |
| Debt / EBITDA | — | — | — | 0.22 | 0.42 | 0.17 | 0.00 | — | — | 0.10 | 0.00 |
| Net Debt / Equity | — | -0.05 | -0.05 | 0.06 | 0.16 | 0.05 | -0.14 | -0.02 | -0.02 | -0.06 | -0.07 |
| Net Debt / EBITDA | -0.13 | -0.13 | -0.15 | 0.17 | 0.40 | 0.10 | -0.39 | -0.05 | -0.05 | -0.13 | -0.14 |
| Debt / FCF | — | -0.17 | -0.20 | 0.33 | 0.56 | 0.21 | -0.64 | -0.08 | -0.08 | -0.21 | -0.23 |
| Interest Coverage | 57.14 | 57.14 | 31.40 | 32.49 | 199.10 | 348.53 | 553.24 | 375.98 | 186.50 | 343.34 | 253.12 |
Net cash position: cash ($102M) exceeds total debt ($0)
JKHY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.27x means Jack Henry & Associates, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.00x to 1.27x 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 | 1.27 | 1.27 | 1.27 | 1.00 | 1.20 | 1.13 | 1.35 | 1.21 | 0.96 | 1.10 | 0.52 |
| Quick Ratio | 1.27 | 1.27 | 1.27 | 1.00 | 1.20 | 1.13 | 1.35 | 1.21 | 0.88 | 1.02 | 0.52 |
| Cash Ratio | 0.19 | 0.19 | 0.19 | 0.06 | 0.02 | 0.09 | 0.43 | 0.20 | 0.06 | 0.24 | 0.11 |
| Asset Turnover | — | 0.78 | 0.73 | 0.71 | 0.70 | 0.72 | 0.70 | 0.76 | 0.75 | 0.75 | 0.75 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 21.58 | 19.82 | — |
| Days Sales Outstanding | — | 48.86 | 52.39 | 59.59 | 69.28 | 75.13 | 69.25 | 72.89 | 73.95 | 75.76 | 68.42 |
JKHY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Jack Henry & Associates, Inc. returns 1.9% to shareholders annually — split between a 1.6% dividend yield and 0.3% buyback yield. The payout ratio of 36.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 4.4% (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 | 1.6% | 1.3% | 1.3% | 1.2% | 1.1% | 1.1% | 0.9% | 1.1% | 1.0% | 1.1% | 1.2% |
| Payout Ratio | 36.1% | 36.1% | 40.8% | 40.2% | 38.3% | 44.6% | 43.0% | 43.7% | 27.9% | 37.3% | 33.8% |
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 | 4.4% | 3.5% | 3.2% | 3.0% | 2.7% | 2.5% | 2.1% | 2.6% | 3.7% | 3.0% | 3.6% |
| FCF Yield | 5.7% | 4.5% | 4.2% | 2.8% | 3.6% | 2.5% | 2.4% | 3.6% | 3.7% | 3.9% | 4.4% |
| Buyback Yield | 0.3% | 0.3% | 0.2% | 0.2% | 1.5% | 1.6% | 0.5% | 0.5% | 0.5% | 1.6% | 2.5% |
| Total Shareholder Yield | 1.9% | 1.5% | 1.5% | 1.4% | 2.5% | 2.7% | 1.4% | 1.7% | 1.5% | 2.7% | 3.7% |
| Shares Outstanding | — | $73M | $73M | $73M | $73M | $76M | $77M | $77M | $78M | $78M | $80M |
Peer Comparison
Compare JKHY 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 |
|---|---|---|---|---|---|---|---|---|---|
 JKHYYou | $10B | 22.9 | 13.2 | 17.6 | 42.7% | 23.9% | 21.4% | 21.0% | — |
 FIS | $24B | 61.3 | 7.5 | 9.7 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
 FISV | $30B | 8.9 | 6.6 | 6.9 | 59.4% | 26.9% | 13.0% | 8.1% | 3.3 |
 NTRS | $30B | 18.7 | -4.5 | 5.5 | 56.5% | 16.3% | 13.5% | 6.0% | 5.1 |
 CSL | $15B | 21.8 | 14.3 | 15.7 | 35.7% | 19.9% | 34.8% | 20.6% | 2.4 |
 PCTY | $6B | 25.5 | 13.2 | 16.1 | 68.8% | 19.1% | 20.0% | 26.2% | 0.5 |
 EVTC | $2B | 12.8 | 8.3 | 12.8 | 49.7% | 20.0% | 23.0% | 10.2% | 3.7 |
 CSGP | $14B | 2052.4 | 81.5 | 352.2 | 75.2% | -2.2% | 0.1% | -0.9% | 6.7 |
 IIIV | $486M | 39.3 | 13.4 | 129.5 | 55.7% | 1.9% | 3.5% | 0.6% | 0.2 |
 V | $612B | 31.3 | 24.5 | 28.3 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
 MA | $435B | 29.8 | 21.6 | 25.7 | 83.4% | 59.2% | 209.9% | 56.5% | 0.9 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonJKHY — Frequently Asked Questions
Quick answers to the most common questions about buying JKHY stock.
What is Jack Henry & Associates, Inc.'s P/E ratio?
Jack Henry & Associates, Inc.'s current P/E ratio is 22.9x. The historical average is 30.1x. This places it at the 27th percentile of its historical range.
What is Jack Henry & Associates, Inc.'s EV/EBITDA?
Jack Henry & Associates, Inc.'s current EV/EBITDA is 13.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.3x.
What is Jack Henry & Associates, Inc.'s ROE?
Jack Henry & Associates, Inc.'s return on equity (ROE) is 21.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 21.7%.
Is JKHY stock overvalued?
Based on historical data, Jack Henry & Associates, Inc. is trading at a P/E of 22.9x. This is at the 27th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Jack Henry & Associates, Inc.'s dividend yield?
Jack Henry & Associates, Inc.'s current dividend yield is 1.58% with a payout ratio of 36.1%.
What are Jack Henry & Associates, Inc.'s profit margins?
Jack Henry & Associates, Inc. has 42.7% gross margin and 23.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.