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FactSet Research Systems

NYSE:FDS
Snowflake Description

Proven track record average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FDS
NYSE
$11B
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

FactSet Research Systems Inc. provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The last earnings update was 75 days ago. More info.


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FDS Share Price and Events
7 Day Returns
0.6%
NYSE:FDS
0.7%
US Capital Markets
2.2%
US Market
1 Year Returns
41.3%
NYSE:FDS
-9.4%
US Capital Markets
3.8%
US Market
FDS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FactSet Research Systems (FDS) 0.6% 6.4% 27.6% 41.3% 92% 148.6%
US Capital Markets 0.7% 1.5% 5% -9.4% 60.9% 58.9%
US Market 2.2% 4.2% 4.4% 3.8% 43% 40.9%
1 Year Return vs Industry and Market
  • FDS outperformed the Capital Markets industry which returned -9.4% over the past year.
  • FDS outperformed the Market in United States of America which returned 3.8% over the past year.
Price Volatility
FDS
Industry
5yr Volatility vs Market
Related Companies

FDS Value

 Is FactSet Research Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of FactSet Research Systems to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for FactSet Research Systems.

NYSE:FDS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 8 analysts.
= Stable Book Value * Return on Equity
= $19.33 * 60.3%
$11.66
Book Value of Equity per Share Weighted future Book Value estimates from 5 analysts. $19.33
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:FDS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.696 (1 + (1- 21%) (5.04%))
0.815
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.815 * 5.96%)
7.59%

Discounted Cash Flow Calculation for NYSE:FDS using Excess Returns Model Model

The calculations below outline how an intrinsic value for FactSet Research Systems is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NYSE:FDS Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (60.3% – 7.59%) * $19.33)
$10.19
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $10.19 / (7.59% - 2.73%)
$209.81
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $19.33 + $209.81
$229.14
NYSE:FDS Discount to Share Price
Calculation Result
Value per share (USD) From above. $229.14
Current discount Discount to share price of $298.08
= -1 x ($298.08 - $229.14) / $229.14
-30.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of FactSet Research Systems is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FactSet Research Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FactSet Research Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:FDS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-28) in USD $8.17
NYSE:FDS Share Price ** NYSE (2019-06-21) in USD $298.08
United States of America Capital Markets Industry PE Ratio Median Figure of 90 Publicly-Listed Capital Markets Companies 35.78x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FactSet Research Systems.

NYSE:FDS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:FDS Share Price ÷ EPS (both in USD)

= 298.08 ÷ 8.17

36.48x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FactSet Research Systems is overvalued based on earnings compared to the US Capital Markets industry average.
  • FactSet Research Systems is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does FactSet Research Systems's expected growth come at a high price?
Raw Data
NYSE:FDS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 36.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
7.6%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 33 Publicly-Listed Capital Markets Companies 2.08x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

NYSE:FDS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 36.48x ÷ 7.6%

4.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FactSet Research Systems is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on FactSet Research Systems's assets?
Raw Data
NYSE:FDS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-28) in USD $15.74
NYSE:FDS Share Price * NYSE (2019-06-21) in USD $298.08
United States of America Capital Markets Industry PB Ratio Median Figure of 174 Publicly-Listed Capital Markets Companies 7.87x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.81x
NYSE:FDS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:FDS Share Price ÷ Book Value per Share (both in USD)

= 298.08 ÷ 15.74

18.94x

* Primary Listing of FactSet Research Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FactSet Research Systems is overvalued based on assets compared to the US Capital Markets industry average.
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Value checks
We assess FactSet Research Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. FactSet Research Systems has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FDS Future Performance

 How is FactSet Research Systems expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FactSet Research Systems expected to grow at an attractive rate?
  • FactSet Research Systems's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • FactSet Research Systems's earnings growth is positive but not above the United States of America market average.
  • FactSet Research Systems's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:FDS Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:FDS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 7.6%
NYSE:FDS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts 4.8%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 7.1%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:FDS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:FDS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-08-31 1,714 445 1
2022-08-31 1,638 421 1
2021-08-31 1,593 404 7
2020-08-31 1,514 451 374 16
2019-08-31 1,433 400 340 16
NYSE:FDS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-02-28 1,392 378 313
2018-11-30 1,373 371 281
2018-08-31 1,350 386 267
2018-05-31 1,331 380 258
2018-02-28 1,303 346 248
2017-11-30 1,262 331 262
2017-08-31 1,221 321 258
2017-05-31 1,182 290 343
2017-02-28 1,157 295 344
2016-11-30 1,145 311 345
2016-08-31 1,127 331 339
2016-05-31 1,102 345 257

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FactSet Research Systems's earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
  • FactSet Research Systems's revenue is expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:FDS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from FactSet Research Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:FDS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-08-31 13.01 13.01 13.01 1.00
2022-08-31 11.99 11.99 11.99 1.00
2021-08-31 10.94 11.15 10.50 4.00
2020-08-31 9.89 10.19 9.24 11.00
2019-08-31 8.84 9.00 8.68 11.00
NYSE:FDS Past Financials Data
Date (Data in USD Millions) EPS *
2019-02-28 8.17
2018-11-30 7.30
2018-08-31 6.90
2018-05-31 6.62
2018-02-28 6.35
2017-11-30 6.68
2017-08-31 6.55
2017-05-31 8.64
2017-02-28 8.59
2016-11-30 8.53
2016-08-31 8.29
2016-05-31 6.24

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • FactSet Research Systems is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess FactSet Research Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FactSet Research Systems has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FDS Past Performance

  How has FactSet Research Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FactSet Research Systems's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FactSet Research Systems's year on year earnings growth rate has been positive over the past 5 years.
  • FactSet Research Systems's 1-year earnings growth exceeds its 5-year average (25.8% vs 6.6%)
  • FactSet Research Systems's earnings growth has not exceeded the US Capital Markets industry average in the past year (25.8% vs 87.6%).
Earnings and Revenue History
FactSet Research Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FactSet Research Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:FDS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-28 1,392.31 312.57 321.24
2018-11-30 1,372.64 281.00 316.65
2018-08-31 1,350.15 267.09 310.85
2018-05-31 1,330.93 257.81 315.15
2018-02-28 1,303.13 248.48 308.43
2017-11-30 1,262.26 262.06 302.89
2017-08-31 1,221.18 258.26 294.16
2017-05-31 1,181.83 343.01 285.02
2017-02-28 1,157.21 344.38 283.77
2016-11-30 1,144.65 345.43 285.34
2016-08-31 1,127.09 338.82 286.01
2016-05-31 1,101.58 256.69 282.44
2016-02-29 1,068.60 251.32 277.31
2015-11-30 1,034.60 245.16 272.40
2015-08-31 1,006.77 241.05 269.51
2015-05-31 983.65 234.27 267.74
2015-02-28 960.89 224.40 267.32
2014-11-30 940.04 215.23 264.32
2014-08-31 920.34 211.54 264.43
2014-05-31 901.00 207.10 265.34
2014-02-28 883.85 208.93 263.53
2013-11-30 870.00 201.05 264.49
2013-08-31 858.11 198.64 265.91
2013-05-31 846.44 196.21 262.99
2013-02-28 834.14 190.83 261.67
2012-11-30 820.43 193.03 260.82
2012-08-31 805.79 188.81 257.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • FactSet Research Systems made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • FactSet Research Systems used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • FactSet Research Systems's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess FactSet Research Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FactSet Research Systems has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FDS Health

 How is FactSet Research Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FactSet Research Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FactSet Research Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FactSet Research Systems's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of FactSet Research Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FactSet Research Systems Company Filings, last reported 3 months ago.

NYSE:FDS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-28 599.52 574.85 245.40
2018-11-30 541.21 574.81 197.85
2018-08-31 525.90 574.78 237.88
2018-05-31 535.33 574.74 243.55
2018-02-28 612.09 574.70 265.19
2017-11-30 618.22 574.67 253.61
2017-08-31 559.69 575.00 227.18
2017-05-31 527.55 575.00 193.69
2017-02-28 493.23 365.00 185.35
2016-11-30 496.78 365.00 194.24
2016-08-31 517.38 300.00 252.62
2016-05-31 543.66 300.00 211.16
2016-02-29 541.06 300.00 198.10
2015-11-30 557.77 300.00 203.29
2015-08-31 531.58 35.00 182.41
2015-05-31 532.38 35.00 182.92
2015-02-28 529.08 35.00 147.41
2014-11-30 501.63 0.00 139.96
2014-08-31 511.08 0.00 136.39
2014-05-31 515.27 0.00 134.08
2014-02-28 517.65 0.00 102.98
2013-11-30 546.62 0.00 187.78
2013-08-31 541.78 0.00 209.35
2013-05-31 603.29 0.00 257.42
2013-02-28 547.18 0.00 166.14
2012-11-30 586.51 0.00 225.24
2012-08-31 552.26 0.00 202.96
  • FactSet Research Systems's level of debt (95.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 95.9% today).
  • Debt is well covered by operating cash flow (65.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 24.1x coverage).
X
Financial health checks
We assess FactSet Research Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FactSet Research Systems has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FDS Dividends

 What is FactSet Research Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.97%
Current annual income from FactSet Research Systems dividends. Estimated to be 0.88% next year.
If you bought $2,000 of FactSet Research Systems shares you are expected to receive $19 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • FactSet Research Systems's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • FactSet Research Systems's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:FDS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 41 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:FDS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-08-31
2022-08-31
2021-08-31 2.75 5.00
2020-08-31 2.66 9.00
2019-08-31 2.51 8.00
NYSE:FDS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-17 2.880 1.001
2019-02-15 2.560 1.021
2018-11-13 2.560 1.187
2018-08-10 2.560 1.145
2018-05-07 2.560 1.255
2018-02-07 2.240 1.121
2017-11-08 2.240 1.133
2017-08-11 2.240 1.306
2017-05-08 2.240 1.365
2017-02-06 2.000 1.171
2016-11-10 2.000 1.204
2016-08-08 2.000 1.203
2016-05-09 2.000 1.243
2016-02-05 1.760 1.171
2015-11-09 1.760 1.105
2015-08-10 1.760 1.066
2015-05-12 1.760 1.066
2015-02-11 1.560 0.993
2014-11-12 1.560 1.109
2014-08-14 1.560 1.239
2014-05-05 1.560 1.359
2014-02-11 1.400 1.326
2013-11-14 1.400 1.282
2013-08-15 1.400 1.288
2013-05-14 1.400 1.351
2013-02-21 1.240 1.318
2012-11-15 1.240 1.348
2012-08-08 1.240 1.316
2012-05-08 1.240 1.279
2012-02-14 1.080 1.119
2011-11-10 1.080 1.194
2011-08-11 1.080 1.199
2011-05-09 1.080 1.087
2011-02-09 0.920 0.885
2010-11-10 0.920 0.976
2010-08-10 0.920 1.128
2010-05-14 0.920 1.301
2010-02-09 0.800 1.116
2009-11-10 0.800 1.172
2009-08-13 0.800 1.285

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of FactSet Research Systems's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.4x coverage).
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Income/ dividend checks
We assess FactSet Research Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FactSet Research Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FactSet Research Systems has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FDS Management

 What is the CEO of FactSet Research Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Phil Snow
COMPENSATION $3,129,509
AGE 54
TENURE AS CEO 3.9 years
CEO Bio

Mr. Frederick Philip Snow, also known as Phil, has been the Chief Executive Officer at FactSet Research Systems Inc. since July 1, 2015. Mr. Snow is responsible for the strategies that drive FactSet's mission: to provide best-of-breed products and client service to financial professionals worldwide. He began his career at FactSet in 1996 as a Consultant, before moving to Asia Pacific region to hold positions in the Tokyo and Sydney offices. He served as Senior Vice President at FactSet Research Systems Inc. After moving back to the U.S. in 2000, Mr. Snow held various sales leadership roles before assuming the role of Senior Vice President and Director of U.S. Investment Management Sales since 2013. He has oversight and management responsibility for both FactSet's Sales and Operations teams. He served as the President of FactSet Research Systems Inc. from July 1, 2014 to July 2015. Mr. Snow has been a Director of FactSet Research Systems Inc. since March 16, 2015. He holds the Chartered Financial Analyst designation and is a member of the CFA Institute. Mr. Snow received a B.A. in Chemistry from the University of California at Berkeley and a Masters of International Management from the Thunderbird School of Global Management.

CEO Compensation
  • Phil's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Phil's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the FactSet Research Systems management team in years:

1.6
Average Tenure
50.5
Average Age
  • The average tenure for the FactSet Research Systems management team is less than 2 years, this suggests a new team.
Management Team

Phil Hadley

TITLE
Executive Chairman
COMPENSATION
$273K
AGE
56

Phil Snow

TITLE
CEO & Director
COMPENSATION
$3M
AGE
54
TENURE
3.9 yrs

Gene Fernandez

TITLE
Executive VP and Chief Technology & Product Officer
COMPENSATION
$2M
AGE
51
TENURE
1.6 yrs

Helen Shan

TITLE
Executive VP & CFO
AGE
50
TENURE
0.8 yrs

Brian Daly

TITLE
Senior VP of Finance & Interim Principal Accounting Officer
AGE
47
TENURE
0.3 yrs

Cindy Finkelman

TITLE
Chief Information Officer

Rima Hyder

TITLE
Vice President of Investor Relations
AGE
42
TENURE
2.4 yrs

Rachel Stern

TITLE
Head of Strategic Resources
AGE
53
TENURE
18.4 yrs

Franck A. Gossieaux

TITLE
Executive VP and Global Head of Sales
AGE
47

Dan Viens

TITLE
Chief Human Resources Officer
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the FactSet Research Systems board of directors in years:

7.7
Average Tenure
56
Average Age
  • The tenure for the FactSet Research Systems board of directors is about average.
Board of Directors

Phil Hadley

TITLE
Executive Chairman
COMPENSATION
$273K
AGE
56
TENURE
18.8 yrs

Phil Snow

TITLE
CEO & Director
COMPENSATION
$3M
AGE
54
TENURE
4.3 yrs

Scott Billeadeau

TITLE
Director
COMPENSATION
$110K
AGE
57
TENURE
18.4 yrs

James McGonigle

TITLE
Lead Independent Director
COMPENSATION
$110K
AGE
55
TENURE
13.8 yrs

Laurie Siegel

TITLE
Director
COMPENSATION
$110K
AGE
62
TENURE
3.8 yrs

Joe Zimmel

TITLE
Director
COMPENSATION
$110K
AGE
65
TENURE
12.3 yrs

Robin Abrams

TITLE
Director
COMPENSATION
$110K
AGE
67
TENURE
7.7 yrs

Malcolm Frank

TITLE
Director
COMPENSATION
$122K
AGE
51
TENURE
2.5 yrs

Sheila Jordan

TITLE
Director
COMPENSATION
$110K
AGE
53
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • FactSet Research Systems insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
29. Mar 19 Sell Robert Robie Individual 27. Mar 19 27. Mar 19 -1,013 $241.93 $-243,571
17. Jan 19 Sell John Wiseman Individual 15. Jan 19 15. Jan 19 -550 $205.39 $-112,876
18. Jul 18 Sell Philip Hadley Individual 12. Jul 18 13. Jul 18 -70,000 $206.04 $-14,253,936
X
Management checks
We assess FactSet Research Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FactSet Research Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FDS News

Simply Wall St News

What Should Investors Know About FactSet Research Systems Inc.'s (NYSE:FDS) Growth?

Based on FactSet Research Systems Inc.'s (NYSE:FDS) earnings update in February 2019, analysts seem cautiously optimistic, with earnings expected to grow by 14% in the upcoming year relative to the past 5-year average growth rate of 6.6%. … See our latest analysis for FactSet Research Systems Exciting times ahead? … The intrinsic value infographic in our free research report helps visualize whether FactSet Research Systems is currently mispriced by the market.

Simply Wall St -

Is FactSet Research Systems Inc.'s (NYSE:FDS) CEO Pay Fair?

See our latest analysis for FactSet Research Systems How Does Phil Snow's Compensation Compare With Similar Sized Companies? … The graphic below shows how CEO compensation at FactSet Research Systems has changed from year to year. … NYSE:FDS CEO Compensation, May 26th 2019 Is FactSet Research Systems Inc.

Simply Wall St -

Don't Sell FactSet Research Systems Inc. (NYSE:FDS) Before You Read This

We'll look at FactSet Research Systems Inc.'s (NYSE:FDS) P/E ratio and reflect on what it tells us about the company's share price. … FactSet Research Systems has a price to earnings ratio of 33.36, based on the last twelve months. … How Do You Calculate FactSet Research Systems's P/E Ratio

Simply Wall St -

FactSet Research Systems Inc. (NYSE:FDS) Is An Attractive Dividend Stock - Here's Why

Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations.. … A slim 1.0% yield is hard to get excited about, but the long payment history is respectable. At the right price, or with strong growth opportunities, FactSet Research Systems could have potential.! … Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1

Simply Wall St -

A Look At FactSet Research Systems Inc.'s (NYSE:FDS) Exceptional Fundamentals

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.

Simply Wall St -

Are Insiders Selling FactSet Research Systems Inc. (NYSE:FDS) Stock?

So shareholders might well want to know whether insiders have been buying or selling shares in FactSet Research Systems Inc. … The Last 12 Months Of Insider Transactions At FactSet Research Systems. … All up, insiders sold more shares in FactSet Research Systems than they bought, over the last year.

Simply Wall St -

Is FactSet Research Systems Inc. (NYSE:FDS) Expensive For A Reason? A Look At The Intrinsic Value

Help shape the future of investing tools and receive a $20 prize! … Valuing FDS, a financial stock, can be daunting since these capital market firms generally have cash flows that are impacted by regulations that are not imposed upon other industries. … For example, capital market businesses are required to hold more capital to reduce the risk to shareholders.

Simply Wall St -

How Much Did FactSet Research Systems Inc.'s (NYSE:FDS) CEO Pocket Last Year?

Phil Snow became the CEO of FactSet Research Systems Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Phil Snow's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Is It Too Late To Consider Buying FactSet Research Systems Inc. (NYSE:FDS)?

Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether FactSet Research Systems's current trading price of $223.11 reflective of the actual value of the? … Let’s take a look at FactSet Research Systems’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

FactSet Research Systems Inc (NYSE:FDS) Investors Are Paying Above The Intrinsic Value

This is because the rules they face are different to other companies, which can impact the way we forecast their cash flow. … For instance, these businesses must hold a certain level of cash reserves on the books as a safety precaution.

Simply Wall St -

FDS Company Info

Description

FactSet Research Systems Inc. provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies. Its applications suite offers tools and resources, including company and industry analyses, full screening tools, portfolio analysis, risk profiles, alpha-testing, portfolio optimization, and research management solutions. The company enables its clients to streamline real-time data and historical information comprising quotes, estimates, news, and commentary, as well as provides proprietary and third-party content through desktop, Web, mobile, and off-platform solutions. It serves portfolio managers, investment research professionals, investment bankers, risk and performance analysts, and wealth advisors. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.

Details
Name: FactSet Research Systems Inc.
FDS
Exchange: NYSE
Founded: 1978
$11,398,556,247
38,239,923
Website: http://www.factset.com
Address: FactSet Research Systems Inc.
601 Merritt 7,
3rd Floor,
Norwalk,
Connecticut, 06851,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE FDS Common Stock New York Stock Exchange US USD 28. Jun 1996
DB FA1 Common Stock Deutsche Boerse AG DE EUR 28. Jun 1996
BMV FDS * Common Stock Bolsa Mexicana de Valores MX MXN 28. Jun 1996
Number of employees
Current staff
Staff numbers
9,529
FactSet Research Systems employees.
Industry
Financial Exchanges and Data
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/23 23:40
End of day share price update: 2019/06/21 00:00
Last estimates confirmation: 2019/06/19
Last earnings filing: 2019/04/09
Last earnings reported: 2019/02/28
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.