Bright Horizons Family Solutions Inc. (BFAM) Key Metrics
BFAM valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $3.46B
- Enterprise value
- $5.13B
- P/E (TTM)
- 22.5 10-yr median 46.0
- Forward P/E
- 22.6
- PEG ratio
- 1.76
- Price / sales
- 1.1 10-yr median 3.0
- Price / book
- 3.4 10-yr median 6.3
- EV / EBITDA
- 12.6 10-yr median 23.2
- Dividend yield
- —
- Beta
- 1.18
BFAM key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBFAM valuation Price multiples at each fiscal year-end price.
BFAM returns How much profit the business earns on the capital it uses.
BFAM per-share figures Results divided by the shares outstanding at year-end.
BFAM financial health Debt, liquidity and how easily interest is covered.
BFAM efficiency & capital use Working capital cycle and where the cash goes.
BFAM valuation history
BFAM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BFAM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BFAM cash returned to shareholders
BFAM price vs earnings per share
BFAM key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $5.82B | $6.48B | $5.46B | $3.69B | $7.66B | $10.43B | $8.86B | $6.58B | $5.66B | $4.24B |
| Enterprise value | $7.43B | $8.15B | $7.23B | $5.60B | $9.16B | $11.88B | $10.62B | $7.73B | $6.82B | $5.37B |
| P/E ratio | 30.2 | 46.2 | 73.7 | 45.8 | 108.8 | 386.5 | 49.1 | 41.6 | 36.1 | 44.8 |
| Price / sales | 2.0 | 2.4 | 2.3 | 1.8 | 4.4 | 6.9 | 4.3 | 3.5 | 3.3 | 2.7 |
| Price / book | 4.3 | 5.1 | 4.5 | 3.4 | 6.5 | 8.1 | 9.1 | 8.4 | 7.6 | 6.2 |
| Price / free cash flow | 22.7 | 27.0 | 33.1 | 31.3 | 46.8 | 76.3 | 39.3 | 32.3 | 37.2 | 30.9 |
| Price / operating cash flow | 16.7 | 19.2 | 21.3 | 19.6 | 33.7 | 49.8 | 26.8 | 22.3 | 24.0 | 20.1 |
| EV / sales | 2.5 | 3.0 | 3.0 | 2.8 | 5.2 | 7.8 | 5.2 | 4.1 | 3.9 | 3.4 |
| EV / EBITDA | 18.2 | 23.7 | 25.6 | 21.7 | 38.9 | 72.0 | 28.2 | 22.7 | 22.7 | 19.8 |
| EV / free cash flow | 29.0 | 33.9 | 43.8 | 47.5 | 55.9 | 86.8 | 47.1 | 38.0 | 44.8 | 39.1 |
| Earnings yield | 3.3% | 2.2% | 1.4% | 2.2% | 0.9% | 0.3% | 2.0% | 2.4% | 2.8% | 2.2% |
| Free cash flow yield | 4.4% | 3.7% | 3.0% | 3.2% | 2.1% | 1.3% | 2.5% | 3.1% | 2.7% | 3.2% |
| Dividend yield | — | — | 0.0% | — | 0.5% | 0.4% | 0.3% | 0.1% | 1.3% | 26.6% |
| Shareholder yield (dividends + buybacks) | 3.9% | 1.3% | 0.1% | 4.9% | 3.3% | 0.7% | 0.7% | 2.1% | 4.2% | 29.3% |
| Share price at fiscal year-end | $101.40 | $110.85 | $94.24 | $63.10 | $125.88 | $172.99 | $150.29 | $111.45 | $94.00 | $70.02 |
| Per share | ||||||||||
| Revenue per share | $51.09 | $45.94 | $41.74 | $34.54 | $28.84 | $25.12 | $34.98 | $32.26 | $28.89 | $25.91 |
| Earnings per share | $3.36 | $2.40 | $1.28 | $1.38 | $1.16 | $0.45 | $3.06 | $2.68 | $2.61 | $1.56 |
| Operating cash flow per share | $6.05 | $5.77 | $4.42 | $3.22 | $3.73 | $3.47 | $5.60 | $5.00 | $3.92 | $3.49 |
| Free cash flow per share | $4.46 | $4.11 | $2.85 | $2.02 | $2.69 | $2.27 | $3.83 | $3.45 | $2.53 | $2.27 |
| Cash per share | $2.72 | $2.09 | $1.62 | $0.92 | $4.66 | $6.73 | $0.76 | $0.26 | $0.39 | $0.24 |
| Book value per share | $23.32 | $21.86 | $20.93 | $18.47 | $19.37 | $21.29 | $16.48 | $13.21 | $12.43 | $11.35 |
| Tangible book value per share | −$11.97 | −$11.66 | −$13.64 | −$15.27 | −$9.09 | −$7.01 | −$12.66 | −$15.10 | −$15.04 | −$15.81 |
| Dividends per share | — | — | $0.04 | — | $0.62 | $0.64 | $0.45 | $0.16 | $1.22 | $18.64 |
| Capex per share | $1.59 | $1.66 | $1.57 | $1.21 | $1.04 | $1.21 | $1.78 | $1.55 | $1.39 | $1.22 |
| Debt per share | $30.65 | $30.66 | $32.10 | $33.61 | $29.30 | $30.64 | $30.67 | $19.76 | $19.65 | $18.83 |
| Shares outstanding | 57.4M | 58.5M | 57.9M | 58.5M | 60.9M | 60.3M | 58.9M | 59.0M | 60.3M | 60.6M |
| Change in shares outstanding | −1.8% | +0.9% | −1.0% | −3.9% | +0.9% | +2.3% | −0.1% | −2.1% | −0.6% | −2.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 14.8% | 11.3% | 6.5% | 7.1% | 5.7% | 2.4% | 20.6% | 20.7% | 21.8% | 13.4% |
| Return on invested capital (ROIC) | 7.6% | 5.9% | 3.6% | 4.0% | 3.7% | 2.0% | 9.3% | 10.3% | 10.7% | 7.5% |
| Return on assets (ROA) | 4.8% | 3.6% | 1.9% | 2.2% | 1.9% | 0.8% | 6.2% | 6.3% | 6.5% | 4.2% |
| Return on tangible assets | 9.1% | 7.4% | 3.9% | 4.4% | 3.7% | 1.3% | 11.2% | 18.5% | 19.3% | 13.1% |
| Free cash flow margin | 8.7% | 8.9% | 6.8% | 5.8% | 9.3% | 9.0% | 10.9% | 10.7% | 8.8% | 8.8% |
| Income quality (OCF / net income) | 1.80 | 2.41 | 3.46 | 2.34 | 3.23 | 7.76 | 1.83 | 1.87 | 1.51 | 2.23 |
| Financial health | ||||||||||
| Total debt | $1.76B | $1.79B | $1.86B | $1.97B | $1.78B | $1.85B | $1.81B | $1.17B | $1.18B | $1.14B |
| Cash & short-term investments | $156.0M | $122.0M | $93.6M | $53.9M | $283.7M | $405.8M | $44.9M | $15.4M | $23.2M | $14.6M |
| Net debt | $1.60B | $1.67B | $1.77B | $1.91B | $1.50B | $1.44B | $1.76B | $1.15B | $1.16B | $1.13B |
| Debt / equity | 1.31 | 1.40 | 1.53 | 1.82 | 1.51 | 1.44 | 1.86 | 1.50 | 1.58 | 1.66 |
| Debt / assets | 0.42 | 0.47 | 0.48 | 0.52 | 0.49 | 0.50 | 0.54 | 0.46 | 0.48 | 0.48 |
| Net debt / EBITDA | 3.93 | 4.85 | 6.27 | 7.42 | 6.38 | 8.74 | 4.69 | 3.38 | 3.87 | 4.15 |
| Current ratio | 0.52 | 0.64 | 0.56 | 0.44 | 0.87 | 1.18 | 0.47 | 0.40 | 0.42 | 0.40 |
| Quick ratio | 0.52 | 0.64 | 0.56 | 0.35 | 0.87 | 1.18 | 0.47 | 0.40 | 0.42 | 0.40 |
| Interest coverage | 7.0 | 5.1 | 3.3 | 4.0 | 3.6 | 1.4 | 5.9 | 5.0 | 4.7 | 4.6 |
| Working capital | −$462.2M | −$283.4M | −$352.5M | −$438.6M | −$81.9M | $93.4M | −$254.4M | −$289.9M | −$268.2M | −$236.8M |
| Invested capital | $2.94B | $2.95B | $2.98B | $2.99B | $2.68B | $2.73B | $2.73B | $1.93B | $1.91B | $1.81B |
| Tangible asset value | −$687.2M | −$681.9M | −$790.3M | −$893.0M | −$553.5M | −$422.8M | −$746.3M | −$891.2M | −$906.3M | −$958.1M |
| Net current asset value | −$2.30B | −$2.08B | −$2.24B | −$2.37B | −$1.92B | −$1.82B | −$2.13B | −$1.55B | −$1.53B | −$1.52B |
| Graham number | $42.01 | $34.34 | $24.54 | $23.94 | $22.46 | $14.64 | $33.68 | $28.21 | $26.99 | $19.99 |
| Graham net-net per share | −$42.33 | −$38.26 | −$41.06 | −$42.14 | −$33.17 | −$31.48 | −$37.37 | −$27.64 | −$26.70 | −$26.29 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $2.6M | — | $37.5M | $38.8M | $26.6M | $9.6M | $73.7M | $1.13B |
| Share buybacks (net) | $225.4M | $84.6M | $2.6M | $182.6M | $213.8M | $32.7M | $31.6M | $126.7M | $162.2M | $112.8M |
| Dividend payout ratio | — | — | 3.5% | — | 53.2% | 143.9% | 14.7% | 6.1% | 47.0% | — |
| Dividends + buybacks / free cash flow | 87.9% | 35.2% | 3.1% | 154.8% | 153.5% | 52.3% | 25.8% | 67.0% | 154.8% | 903.9% |
| Capex / revenue | 3.1% | 3.6% | 3.8% | 3.5% | 3.6% | 4.8% | 5.1% | 4.8% | 4.8% | 4.7% |
| Capex / operating cash flow | 26.3% | 28.8% | 35.5% | 37.4% | 27.9% | 34.8% | 31.7% | 31.0% | 35.5% | 35.0% |
| Capex / depreciation | 0.98 | 0.99 | 0.82 | 0.66 | 0.58 | 0.65 | 0.97 | 0.91 | 0.88 | 0.87 |
| Stock-based compensation / revenue | 1.0% | 1.3% | 1.2% | 1.4% | 1.3% | 1.4% | 0.8% | 0.7% | 0.7% | 0.7% |
| SG&A / revenue | 12.8% | 13.2% | 12.9% | 14.3% | 14.6% | 14.5% | 10.7% | 10.6% | 10.9% | 10.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 35.9 | 38.4 | 37.6 | 38.7 | 41.2 | 40.2 | 24.8 | 23.8 | 22.5 | 22.6 |
| Days of inventory on hand | — | — | — | 8.7 | 0.0 | 0.0 | — | — | — | 0.0 |
| Days payables outstanding | 5.0 | 5.1 | 4.8 | 3.9 | 5.2 | 7.2 | 4.0 | 6.1 | 8.1 | 8.2 |
| Cash conversion cycle (days) | 31.0 | 33.3 | 32.9 | 43.4 | 35.9 | 33.0 | 20.7 | 17.7 | 14.4 | 14.4 |
| Receivables turnover | 10.16 | 9.51 | 9.69 | 9.44 | 8.87 | 9.08 | 14.73 | 15.33 | 16.24 | 16.14 |
| Payables turnover | 73.63 | 71.70 | 76.30 | 93.02 | 69.70 | 50.67 | 90.45 | 59.67 | 45.27 | 44.39 |
| Inventory turnover | — | — | — | 42.09 | 1,340,296,000.00 | 1,210,544,000.00 | — | — | — | 2,357,988,000.00 |
| Asset turnover | 0.73 | 0.69 | 0.63 | 0.54 | 0.48 | 0.43 | 0.70 | 0.76 | 0.72 | 0.69 |
| Average receivables | $288.7M | $282.5M | $249.4M | $214.1M | $198.0M | $166.9M | $140.0M | $124.2M | $107.2M | $97.3M |
| Average payables | $30.4M | $28.8M | $24.7M | $16.6M | $19.2M | $23.9M | $17.0M | $24.0M | $28.9M | $26.6M |
| Average inventory | — | — | — | $36.6M | $1 | $1 | — | — | $0 | $0 |
| Intangibles / total assets | 48.9% | 50.9% | 51.4% | 51.9% | 47.6% | 45.8% | 51.6% | 66.2% | 67.1% | 69.5% |
Computed from BFAM's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BFAM valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bright Horizons Family Solutions traded at 30.2 times earnings, against a 10-year median of 46.0. Based on the latest twelve months, the trailing P/E is 22.5 and the forward P/E is 22.6. Bright Horizons Family Solutions earned a return on equity of 14.8% and a return on invested capital of 7.6% in fiscal 2025. It ended the year with $1.8 billion of debt and $156.0 million in cash and short-term investments, net debt of $1.6 billion. It returned $225.4 million to shareholders: $0 in dividends and $225.4 million in share buybacks, 88% of free cash flow. The share count fell 5.2% from 60.6M to 57.4M over 9 years.
See the BFAM income statement, the BFAM chart for price history, or the BFAM stock overview for the latest quote and news.
BFAM key metrics FAQ
What is Bright Horizons Family Solutions's P/E ratio?
Bright Horizons Family Solutions's trailing P/E ratio is 22.5 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 22.6. At the end of fiscal 2025 it was 30.2, compared with a 10-year median of 46.0.
What is Bright Horizons Family Solutions's EV/EBITDA?
Bright Horizons Family Solutions's enterprise value was 18.2 times EBITDA at the end of fiscal 2025 (enterprise value $7.4 billion, EBITDA $408.1 million); the current EV/EBITDA is 12.6.
What is Bright Horizons Family Solutions's return on equity?
Bright Horizons Family Solutions's return on equity (ROE) was 14.8% in fiscal 2025: net income of $193.1 million on average shareholders' equity of $1.3 billion.
What is Bright Horizons Family Solutions's ROIC?
Bright Horizons Family Solutions's return on invested capital was 7.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bright Horizons Family Solutions have?
Bright Horizons Family Solutions had total debt of $1.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.31 and $1.6 billion of net debt (3.93 times EBITDA).
Does Bright Horizons Family Solutions buy back its shares?
Yes. Bright Horizons Family Solutions spent $225.4 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.8% over the year, to 57.4M..
What is Bright Horizons Family Solutions's free cash flow yield?
Bright Horizons Family Solutions generated $256.4 million of free cash flow in fiscal 2025, a free cash flow yield of 4.4% on its market value at year-end ($5.8 billion).
What is Bright Horizons Family Solutions's current ratio?
Bright Horizons Family Solutions's current ratio was 0.52 at the end of fiscal 2025: current assets were 0.52 times current liabilities.