Broadridge Financial Solutions, Inc. engages in the provision of investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. It operates through the following segments: Investor Communication Solutions; and Global Technology and Operations. The Investor Communication Solutions segment offers services for broker-dealer investor communication, customer communication, corporate issuer, advisor solutions, and mutual fund and retirement solutions. The Global Technology and Operations segment includes middle and back-office securities processing solutions, automation services, and business process outsourcing services. The company was founded in 1962 and is headquartered in Lake Success, NY.
Highlights
Broadridge Financial Solutions's equity has increased by 19% YoY and by 12% from the previous quarter
The company's gross profit rose by 7% QoQ and by 2.7% YoY
The debt has grown by 22% YoY but it has contracted by 14% from the previous quarter
Broadridge Financial Solutions's net income has increased by 11% QoQ but it has decreased by 4.1% YoY
The price to earnings (P/E) is 26% higher than the 5-year quarterly average of 28.0 and 15% higher than the last 4 quarters average of 30.6
The quick ratio has contracted by 24% YoY and by 8% from the previous quarter
Key stats
What are the main financial stats of BR
Market
Shares outstanding
115.16M
Market cap
$16.35B
Enterprise value
$17.66B
Valuations
Price to earnings (P/E)
35.24
Price to book (P/B)
12.11
Price to sales (P/S)
3.6
EV/EBIT
27.67
EV/EBITDA
21.68
EV/Sales
3.9
Earnings
Revenue
$4.53B
EBIT
$638.3M
EBITDA
$814.7M
Free cash flow
$535.5M
Per share
EPS
$4.03
Free cash flow per share
$4.67
Book value per share
$11.73
Revenue per share
$39.49
TBVPS
$22.94
Balance sheet
Total assets
$4.89B
Total liabilities
$3.54B
Debt
$1.79B
Equity
$1.35B
Working capital
-$13M
Liquidity
Debt to equity
1.33
Current ratio
0.99
Quick ratio
0.89
Net debt/EBITDA
1.61
Margins
EBITDA margin
18%
Gross margin
27.9%
Net margin
10.2%
Operating margin
13.8%
Efficiency
Return on assets
10%
Return on equity
38.4%
Return on invested capital
23.7%
Return on capital employed
18%
Return on sales
14.1%
Dividend
Dividend yield
1.55%
DPS
$2.2
Payout ratio
54.5%
BR stock price
How has the Broadridge Financial Solutions stock price performed over time
Financial performance
How have Broadridge Financial Solutions's revenue and profit performed over time
Revenue
$4.53B
Gross profit
$1.26B
Operating income
$624.9M
Net income
$462.5M
Gross margin
27.9%
Net margin
10.2%
Broadridge Financial Solutions's net income has increased by 11% QoQ but it has decreased by 4.1% YoY
The company's operating income rose by 10% QoQ but it fell by 4.3% YoY
The net margin has contracted by 8% YoY but it has grown by 7% from the previous quarter
Broadridge Financial Solutions's operating margin has decreased by 8% YoY but it has increased by 7% from the previous quarter
Growth
What is Broadridge Financial Solutions's growth rate over time
Valuation
What is Broadridge Financial Solutions stock price valuation
P/E
35.24
P/B
12.11
P/S
3.6
EV/EBIT
27.67
EV/EBITDA
21.68
EV/Sales
3.9
The price to earnings (P/E) is 26% higher than the 5-year quarterly average of 28.0 and 15% higher than the last 4 quarters average of 30.6
Broadridge Financial Solutions's EPS has increased by 11% from the previous quarter but it has decreased by 3.1% YoY
BR's P/B is 22% above its 5-year quarterly average of 9.9 and 8% above its last 4 quarters average of 11.2
Broadridge Financial Solutions's equity has increased by 19% YoY and by 12% from the previous quarter
The price to sales (P/S) is 33% higher than the 5-year quarterly average of 2.7 and 16% higher than the last 4 quarters average of 3.1
BR's revenue is up by 3.8% year-on-year and by 3.4% since the previous quarter
Efficiency
How efficient is Broadridge Financial Solutions business performance
Broadridge Financial Solutions's ROA has decreased by 26% YoY but it has increased by 4.2% from the previous quarter
The company's return on invested capital fell by 24% YoY but it rose by 8% QoQ
Broadridge Financial Solutions's ROS has increased by 8% from the previous quarter but it has decreased by 5% YoY
The return on equity has increased by 6% since the previous quarter but it has declined by 5% year-on-year
Dividends
What is BR's dividend history
DPS
$2.2
Dividend yield
1.55%
Payout ratio
54.5%
Recent dividends
Financial health
How did Broadridge Financial Solutions financials performed over time
BR's total assets is 38% greater than its total liabilities
Broadridge Financial Solutions's total liabilities has increased by 29% YoY but it has decreased by 4.5% from the previous quarter
The quick ratio has contracted by 24% YoY and by 8% from the previous quarter
The debt is 33% more than the equity
The debt to equity has decreased by 23% QoQ but it has increased by 2.3% YoY
The debt has grown by 22% YoY but it has contracted by 14% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.