FactSet Research Systems Inc. (FDS) Key Metrics
FDS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $10.73B
- Enterprise value
- $11.20B
- P/E (TTM)
- 20.7 10-yr median 32.1
- Forward P/E
- 13.9
- PEG ratio
- 1.22
- Price / sales
- 4.3 10-yr median 7.4
- Price / book
- 4.9 10-yr median 11.9
- EV / EBITDA
- 11.7 10-yr median 21.9
- Dividend yield
- 1.54% $4.64 a year
- Beta
- 0.77
FDS key metrics, FY2017–FY2026
Fiscal year ended August 31, 2026 · U.S. dollarsFDS valuation Price multiples at each fiscal year-end price.
FDS returns How much profit the business earns on the capital it uses.
FDS per-share figures Results divided by the shares outstanding at year-end.
FDS financial health Debt, liquidity and how easily interest is covered.
FDS efficiency & capital use Working capital cycle and where the cash goes.
FDS valuation history
FDS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FDS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FDS cash returned to shareholders
FDS price vs earnings per share
FDS key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $11.48B | $14.33B | $16.33B | $16.98B | $16.79B | $14.67B | $13.54B | $10.58B | $9.03B | $6.23B |
| Enterprise value | $12.76B | $15.53B | $17.41B | $18.36B | $18.47B | $14.81B | $13.81B | $10.81B | $9.42B | $6.63B |
| P/E ratio | 21.5 | 24.0 | 30.4 | 36.3 | 42.3 | 36.7 | 36.3 | 30.0 | 33.8 | 24.1 |
| Price / sales | 4.6 | 6.2 | 7.4 | 8.1 | 9.1 | 9.2 | 9.1 | 7.4 | 6.7 | 5.1 |
| Price / book | 5.7 | 6.6 | 8.5 | 10.5 | 12.6 | 14.4 | 15.1 | 15.7 | 17.2 | 11.1 |
| Price / free cash flow | 16.2 | 23.2 | 26.6 | 29.0 | 34.5 | 29.7 | 31.6 | 28.8 | 25.7 | 22.0 |
| Price / operating cash flow | 14.0 | 19.7 | 23.3 | 26.3 | 31.2 | 26.4 | 26.8 | 24.8 | 23.4 | 19.4 |
| EV / sales | 5.2 | 6.7 | 7.9 | 8.8 | 10.0 | 9.3 | 9.2 | 7.5 | 7.0 | 5.4 |
| EV / EBITDA | 14.0 | 16.1 | 19.9 | 23.3 | 30.3 | 25.4 | 25.7 | 21.7 | 22.1 | 16.5 |
| EV / free cash flow | 18.0 | 25.2 | 28.3 | 31.4 | 37.9 | 30.0 | 32.3 | 29.4 | 26.7 | 23.4 |
| Earnings yield | 4.6% | 4.2% | 3.3% | 2.8% | 2.4% | 2.7% | 2.8% | 3.3% | 3.0% | 4.1% |
| Free cash flow yield | 6.2% | 4.3% | 3.8% | 3.4% | 2.9% | 3.4% | 3.2% | 3.5% | 3.9% | 4.6% |
| Dividend yield | 1.4% | 1.1% | 0.9% | 0.8% | 0.8% | 0.8% | 0.8% | 0.9% | 1.0% | 1.3% |
| Shareholder yield (dividends + buybacks) | 7.0% | 3.2% | 2.4% | 1.9% | 0.9% | 2.6% | 2.3% | 3.0% | 4.4% | 5.5% |
| Share price at fiscal year-end | $313.55 | $373.32 | $422.84 | $436.41 | $433.34 | $380.22 | $350.40 | $272.09 | $229.39 | $157.18 |
| Per share | ||||||||||
| Revenue per share | $67.64 | $60.49 | $57.05 | $53.61 | $47.60 | $41.26 | $38.66 | $36.92 | $34.29 | $30.81 |
| Earnings per share | $14.57 | $15.55 | $13.91 | $12.04 | $10.25 | $10.36 | $9.65 | $9.08 | $6.78 | $6.51 |
| Operating cash flow per share | $22.46 | $18.92 | $18.14 | $16.60 | $13.90 | $14.40 | $13.09 | $10.99 | $9.79 | $8.09 |
| Free cash flow per share | $19.32 | $16.09 | $15.92 | $15.03 | $12.58 | $12.81 | $11.08 | $9.46 | $8.94 | $7.16 |
| Cash per share | $7.25 | $9.25 | $12.76 | $11.77 | $13.85 | $18.61 | $15.66 | $9.92 | $6.04 | $5.73 |
| Book value per share | $54.68 | $56.96 | $49.52 | $41.65 | $34.37 | $26.35 | $23.24 | $17.29 | $13.36 | $14.12 |
| Tangible book value per share | −$30.88 | −$26.43 | −$24.41 | −$31.98 | −$39.51 | $3.29 | $1.74 | −$3.45 | −$8.25 | −$8.11 |
| Dividends per share | $4.48 | $4.17 | $3.90 | $3.56 | $3.25 | $3.06 | $2.86 | $2.57 | $2.27 | $2.04 |
| Capex per share | $3.13 | $2.83 | $2.22 | $1.56 | $1.32 | $1.59 | $2.01 | $1.53 | $0.85 | $0.93 |
| Debt per share | $42.13 | $40.60 | $40.77 | $47.30 | $57.32 | $22.46 | $22.66 | $16.00 | $15.86 | $15.70 |
| Shares outstanding | 36.6M | 38.4M | 38.6M | 38.9M | 38.7M | 38.6M | 38.6M | 38.9M | 39.4M | 39.6M |
| Change in shares outstanding | −4.6% | −0.6% | −0.7% | +0.4% | +0.4% | −0.2% | −0.6% | −1.3% | −0.7% | −4.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 25.5% | 29.1% | 30.4% | 31.7% | 33.8% | 41.7% | 47.5% | 58.9% | 49.2% | 48.0% |
| Return on invested capital (ROIC) | 17.2% | 19.4% | 19.3% | 16.8% | 20.4% | 34.7% | 37.0% | 40.2% | 29.8% | 34.0% |
| Return on assets (ROA) | 12.6% | 14.3% | 13.4% | 11.7% | 12.7% | 18.6% | 20.5% | 23.8% | 18.9% | 21.2% |
| Return on tangible assets | 52.8% | 54.1% | 44.8% | 42.6% | 34.4% | 30.0% | 29.8% | 47.5% | 47.0% | 48.5% |
| Free cash flow margin | 28.6% | 26.6% | 27.9% | 28.0% | 26.4% | 31.0% | 28.7% | 25.6% | 26.1% | 23.2% |
| Income quality (OCF / net income) | 1.54 | 1.22 | 1.30 | 1.38 | 1.36 | 1.39 | 1.36 | 1.21 | 1.44 | 1.24 |
| Financial health | ||||||||||
| Total debt | $1.54B | $1.56B | $1.57B | $1.84B | $2.22B | $866.2M | $875.7M | $621.8M | $624.5M | $622.5M |
| Cash & short-term investments | $265.3M | $355.1M | $492.6M | $457.7M | $536.5M | $717.8M | $605.2M | $385.6M | $237.9M | $227.2M |
| Net debt | $1.28B | $1.20B | $1.08B | $1.38B | $1.68B | $148.4M | $270.5M | $236.2M | $386.6M | $395.3M |
| Debt / equity | 0.77 | 0.71 | 0.82 | 1.14 | 1.67 | 0.85 | 0.97 | 0.92 | 1.19 | 1.11 |
| Debt / assets | 0.37 | 0.36 | 0.39 | 0.46 | 0.55 | 0.39 | 0.42 | 0.40 | 0.44 | 0.44 |
| Net debt / EBITDA | 1.40 | 1.25 | 1.24 | 1.75 | 2.76 | 0.25 | 0.50 | 0.47 | 0.91 | 0.99 |
| Current ratio | 0.60 | 1.40 | 1.25 | 1.59 | 1.99 | 2.96 | 3.05 | 2.81 | 1.95 | 2.04 |
| Quick ratio | 0.60 | 1.40 | 1.17 | 1.60 | 1.90 | 2.91 | 2.91 | 2.74 | 1.92 | 1.99 |
| Interest coverage | 12.8 | 13.3 | 10.7 | 9.5 | 13.3 | 57.8 | 44.7 | 26.3 | 22.5 | 42.9 |
| Working capital | −$437.6M | $208.5M | $168.8M | $285.9M | $432.1M | $617.9M | $565.6M | $376.4M | $209.8M | $208.2M |
| Invested capital | $3.28B | $3.39B | $2.99B | $3.00B | $3.02B | $1.16B | $1.17B | $908.5M | $912.5M | $955.0M |
| Tangible asset value | −$1.13B | −$1.01B | −$942.8M | −$1.24B | −$1.53B | $127.0M | $67.4M | −$134.0M | −$324.9M | −$321.4M |
| Net current asset value | −$1.49B | −$1.39B | −$1.31B | −$1.57B | −$1.81B | −$272.9M | −$343.3M | −$292.6M | −$462.6M | −$444.2M |
| Graham number | $133.89 | $141.19 | $124.49 | $106.20 | $89.02 | $78.37 | $71.04 | $59.42 | $45.15 | $45.49 |
| Graham net-net per share | −$45.06 | −$40.63 | −$37.56 | −$43.93 | −$50.96 | −$9.55 | −$11.51 | −$9.61 | −$13.59 | −$12.87 |
| Capital allocation | ||||||||||
| Dividends paid | $164.2M | $160.0M | $150.7M | $138.6M | $125.9M | $117.9M | $110.4M | $100.1M | $89.4M | $80.9M |
| Share buybacks (net) | $644.0M | $300.5M | $235.2M | $176.7M | $18.6M | $264.7M | $199.6M | $220.4M | $304.0M | $261.0M |
| Dividend payout ratio | 30.8% | 26.8% | 28.1% | 29.6% | 31.7% | 29.5% | 29.6% | 28.4% | 33.5% | 31.3% |
| Dividends + buybacks / free cash flow | 114.2% | 74.6% | 62.8% | 53.9% | 29.7% | 77.5% | 72.4% | 87.1% | 111.7% | 120.5% |
| Capex / revenue | 4.6% | 4.7% | 3.9% | 2.9% | 2.8% | 3.9% | 5.2% | 4.1% | 2.5% | 3.0% |
| Capex / operating cash flow | 14.0% | 15.0% | 12.2% | 9.4% | 9.5% | 11.0% | 15.3% | 13.9% | 8.7% | 11.5% |
| Capex / depreciation | 0.54 | 0.58 | 0.55 | 0.44 | 0.39 | 0.57 | 1.35 | 0.98 | 0.59 | 0.76 |
| Stock-based compensation / revenue | 3.4% | 2.6% | 2.9% | 3.0% | 3.0% | 2.8% | 2.4% | 2.3% | 2.3% | 2.8% |
| R&D / revenue | — | 13.0% | 12.1% | 12.8% | 13.8% | 15.7% | 15.0% | 15.0% | 16.1% | 17.6% |
| SG&A / revenue | — | 20.5% | 22.0% | 21.9% | 23.5% | 20.8% | 24.0% | 23.3% | 24.0% | 24.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 42.2 | 39.2 | 38.6 | 38.7 | 35.2 | 35.1 | 36.8 | 38.5 | 41.2 | 36.8 |
| Days of inventory on hand | — | — | 9.7 | 6.6 | 11.0 | 12.1 | 13.9 | 5.9 | 4.4 | 4.2 |
| Days payables outstanding | 40.5 | 52.1 | 54.1 | 43.2 | 40.7 | 39.0 | 39.4 | 38.6 | 36.3 | 33.8 |
| Cash conversion cycle (days) | 1.7 | -12.9 | -5.8 | 2.1 | 5.5 | 8.2 | 11.3 | 5.8 | 9.3 | 7.1 |
| Receivables turnover | 8.66 | 9.31 | 9.46 | 9.44 | 10.38 | 10.39 | 9.92 | 9.48 | 8.85 | 9.92 |
| Payables turnover | 9.01 | 7.00 | 6.74 | 8.46 | 8.97 | 9.37 | 9.26 | 9.46 | 10.04 | 10.79 |
| Inventory turnover | — | — | 37.57 | — | 33.21 | 30.26 | 26.19 | 62.27 | 82.32 | 87.83 |
| Asset turnover | 0.59 | 0.56 | 0.55 | 0.52 | 0.59 | 0.74 | 0.82 | 0.97 | 0.95 | 1.00 |
| Average receivables | $286.1M | $249.4M | $232.9M | $220.9M | $177.6M | $153.1M | $150.7M | $151.5M | $152.5M | $123.1M |
| Average payables | $135.7M | $156.8M | $150.0M | $115.1M | $97.1M | $83.9M | $75.1M | $70.1M | $65.6M | $52.5M |
| Average inventory | — | — | $26.9M | $17.7M | $26.2M | $26.0M | $26.6M | $10.7M | $8.0M | $6.5M |
| Intangibles / total assets | 75.6% | 74.4% | 70.4% | 72.3% | 71.3% | 40.0% | 39.9% | 52.1% | 59.9% | 62.3% |
Computed from FDS's annual financial statements (latest annual report filed September 30, 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.
FDS valuation and financial ratios
At the end of fiscal 2026 (August 31, 2026), FactSet traded at 21.5 times earnings, against a 10-year median of 32.1. Based on the latest twelve months, the trailing P/E is 20.7 and the forward P/E is 13.9. FactSet earned a return on equity of 25.5% and a return on invested capital of 17.2% in fiscal 2026. It ended the year with $1.5 billion of debt and $265.3 million in cash and short-term investments, net debt of $1.3 billion. It returned $808.1 million to shareholders: $164.2 million in dividends and $644.0 million in share buybacks, 114% of free cash flow. The share count fell 7.6% from 39.6M to 36.6M over 9 years.
See the FDS income statement, the FDS chart for price history, or the FDS stock overview for the latest quote and news.
FDS key metrics FAQ
What is FactSet's P/E ratio?
FactSet's trailing P/E ratio is 20.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.9. At the end of fiscal 2026 it was 21.5, compared with a 10-year median of 32.1.
What is FactSet's EV/EBITDA?
FactSet's enterprise value was 14.0 times EBITDA at the end of fiscal 2026 (enterprise value $12.8 billion, EBITDA $913.1 million); the current EV/EBITDA is 11.7.
What is FactSet's return on equity?
FactSet's return on equity (ROE) was 25.5% in fiscal 2026: net income of $533.5 million on average shareholders' equity of $2.1 billion.
What is FactSet's ROIC?
FactSet's return on invested capital was 17.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does FactSet have?
FactSet had total debt of $1.5 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.77 and $1.3 billion of net debt (1.40 times EBITDA).
What is FactSet's dividend yield?
FactSet's forward dividend yield is 1.54%. FactSet paid $164.2 million in dividends in fiscal 2026 ($4.48 per share), a payout ratio of 30.8%.
Does FactSet buy back its shares?
Yes. FactSet spent $644.0 million on net share repurchases in fiscal 2026 Shares outstanding changed −4.6% over the year, to 36.6M..
What is FactSet's free cash flow yield?
FactSet generated $707.5 million of free cash flow in fiscal 2026, a free cash flow yield of 6.2% on its market value at year-end ($11.5 billion).
What is FactSet's current ratio?
FactSet's current ratio was 0.60 at the end of fiscal 2026: current assets were 0.60 times current liabilities.