Jack Henry & Associates, Inc. (JKHY) Key Metrics
JKHY valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $10.74B
- Enterprise value
- $10.43B
- P/E (TTM)
- 21.9 10-yr median 33.2
- Forward P/E
- 20.2
- PEG ratio
- 1.81
- Price / sales
- 4.2 10-yr median 6.2
- Price / book
- 5.1 10-yr median 7.6
- EV / EBITDA
- 12.0 10-yr median 17.1
- Dividend yield
- 1.59% $2.44 a year
- Beta
- 0.56
JKHY key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsJKHY valuation Price multiples at each fiscal year-end price.
JKHY returns How much profit the business earns on the capital it uses.
JKHY per-share figures Results divided by the shares outstanding at year-end.
JKHY financial health Debt, liquidity and how easily interest is covered.
JKHY efficiency & capital use Working capital cycle and where the cash goes.
JKHY valuation history
JKHY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
JKHY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
JKHY cash returned to shareholders
JKHY price vs earnings per share
JKHY key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $9.92B | $13.16B | $12.12B | $12.23B | $13.23B | $12.37B | $14.16B | $10.36B | $10.11B | $8.13B |
| Enterprise value | $9.95B | $13.11B | $12.23B | $12.87B | $13.49B | $12.44B | $13.95B | $10.26B | $10.27B | $8.27B |
| P/E ratio | 19.7 | 28.9 | 31.8 | 33.4 | 36.5 | 39.7 | 47.7 | 38.1 | 26.9 | 33.1 |
| Price / sales | 4.0 | 5.5 | 5.5 | 5.9 | 6.8 | 7.0 | 8.3 | 6.7 | 6.6 | 5.7 |
| Price / book | 4.8 | 6.2 | 5.7 | 5.2 | 8.2 | 9.0 | 9.1 | 7.2 | 8.0 | 7.9 |
| Price / free cash flow | 14.3 | 22.4 | 23.8 | 70.1 | 42.2 | 40.7 | 42.5 | 27.4 | 27.2 | 25.8 |
| Price / operating cash flow | 13.0 | 20.5 | 21.3 | 32.1 | 26.2 | 26.8 | 27.7 | 24.0 | 24.5 | 22.7 |
| EV / sales | 4.0 | 5.5 | 5.5 | 6.2 | 6.9 | 7.1 | 8.2 | 6.6 | 6.7 | 5.8 |
| EV / EBITDA | 12.1 | 16.4 | 17.1 | 18.9 | 20.7 | 17.9 | 25.2 | 16.6 | 17.0 | 16.3 |
| EV / free cash flow | 14.3 | 22.3 | 24.0 | 73.7 | 43.1 | 40.9 | 41.9 | 27.2 | 27.6 | 26.2 |
| Earnings yield | 5.1% | 3.5% | 3.1% | 3.0% | 2.7% | 2.5% | 2.1% | 2.6% | 3.7% | 3.0% |
| Free cash flow yield | 7.0% | 4.5% | 4.2% | 1.4% | 2.4% | 2.5% | 2.4% | 3.6% | 3.7% | 3.9% |
| Dividend yield | 1.7% | 1.3% | 1.3% | 1.2% | 1.1% | 1.1% | 0.9% | 1.1% | 1.0% | 1.1% |
| Shareholder yield (dividends + buybacks) | 6.2% | 1.5% | 1.5% | 1.4% | 2.5% | 4.6% | 1.4% | 1.7% | 1.5% | 2.7% |
| Share price at fiscal year-end | $137.74 | $180.17 | $166.02 | $167.33 | $180.02 | $163.51 | $184.03 | $133.92 | $130.36 | $103.87 |
| Per share | ||||||||||
| Revenue per share | $34.65 | $32.52 | $30.34 | $28.42 | $26.44 | $23.24 | $22.06 | $20.07 | $19.81 | $18.29 |
| Earnings per share | $6.98 | $6.24 | $5.23 | $5.02 | $4.94 | $4.12 | $3.86 | $3.52 | $4.85 | $3.14 |
| Operating cash flow per share | $10.58 | $8.78 | $7.78 | $5.22 | $6.87 | $6.11 | $6.64 | $5.57 | $5.31 | $4.57 |
| Free cash flow per share | $9.65 | $8.05 | $6.98 | $2.39 | $4.26 | $4.02 | $4.33 | $4.88 | $4.79 | $4.03 |
| Cash per share | $0.17 | $1.40 | $1.40 | $0.17 | $0.17 | $0.64 | $2.77 | $1.21 | $0.41 | $1.47 |
| Book value per share | $28.48 | $29.17 | $29.18 | $32.48 | $21.89 | $18.26 | $20.14 | $18.48 | $16.33 | $13.19 |
| Tangible book value per share | $7.04 | $8.77 | $8.77 | $21.20 | $2.07 | $2.49 | $5.17 | $4.02 | $2.26 | $1.35 |
| Dividends per share | $2.37 | $2.25 | $2.13 | $2.01 | $1.89 | $1.77 | $1.66 | $1.54 | $1.35 | $1.17 |
| Capex per share | $0.93 | $0.73 | $0.80 | $2.83 | $2.60 | $2.09 | $2.31 | $0.69 | $0.52 | $0.54 |
| Debt per share | $0.56 | $0.70 | $2.87 | $8.97 | $3.74 | $1.52 | $0.01 | — | $2.46 | $3.32 |
| Shares outstanding | 72.0M | 73.0M | 73.0M | 73.1M | 73.5M | 75.7M | 76.9M | 77.3M | 77.6M | 78.3M |
| Change in shares outstanding | −1.4% | +0.0% | −0.1% | −0.5% | −2.9% | −1.7% | −0.5% | −0.3% | −0.9% | −1.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 24.0% | 21.4% | 17.0% | 18.4% | 24.3% | 21.3% | 19.9% | 20.2% | 32.8% | 24.2% |
| Return on invested capital (ROIC) | 22.4% | 20.5% | 14.3% | 15.2% | 22.0% | 22.4% | 22.2% | 19.7% | 29.0% | 23.4% |
| Return on assets (ROA) | 16.2% | 15.0% | 13.1% | 13.2% | 13.9% | 12.8% | 13.3% | 13.3% | 19.0% | 13.2% |
| Return on tangible assets | 31.4% | 29.3% | 24.6% | 18.8% | 27.5% | 24.7% | 23.2% | 29.7% | 39.3% | 25.0% |
| Free cash flow margin | 27.8% | 24.8% | 23.0% | 8.4% | 16.1% | 17.3% | 19.6% | 24.3% | 24.2% | 22.0% |
| Income quality (OCF / net income) | 1.52 | 1.41 | 1.49 | 1.04 | 1.39 | 1.48 | 1.72 | 1.59 | 1.09 | 1.45 |
| Financial health | ||||||||||
| Total debt | $40.0M | $51.2M | $209.6M | $655.6M | $275.0M | $115.1M | $531,000 | — | $190.9M | $260.2M |
| Cash & short-term investments | $12.1M | $102.0M | $102.0M | $12.2M | $12.2M | $48.8M | $213.3M | $93.6M | $31.4M | $114.8M |
| Net debt | $27.9M | −$50.8M | $107.7M | $643.3M | $262.8M | $66.3M | −$212.8M | −$93.6M | $159.5M | $145.4M |
| Debt / equity | 0.02 | 0.02 | 0.10 | 0.28 | 0.17 | 0.08 | 0.00 | — | 0.15 | 0.25 |
| Debt / assets | 0.01 | 0.02 | 0.07 | 0.24 | 0.10 | 0.05 | 0.00 | — | 0.09 | 0.14 |
| Net debt / EBITDA | 0.03 | −0.06 | 0.15 | 0.95 | 0.40 | 0.10 | −0.38 | −0.15 | 0.26 | 0.29 |
| Current ratio | 1.17 | 1.27 | 1.27 | 0.03 | 1.20 | 1.13 | 0.91 | 1.21 | 0.96 | 1.10 |
| Quick ratio | 1.17 | 1.27 | 1.59 | 1.57 | 1.20 | 1.13 | 1.18 | 1.21 | 0.88 | 1.02 |
| Interest coverage | 112.5 | 54.5 | 29.9 | 31.9 | 199.1 | 348.5 | 553.2 | 375.0 | 204.4 | 369.2 |
| Working capital | $92.9M | $145.7M | $145.7M | −$387.5M | $104.2M | $69.7M | −$52.2M | $99.5M | −$19.4M | $48.8M |
| Invested capital | $2.08B | $2.08B | $2.24B | $3.02B | $1.87B | $1.45B | $1.34B | $1.34B | $1.43B | $1.18B |
| Tangible asset value | $507.5M | $640.8M | $640.8M | $1.55B | $152.5M | $188.6M | $397.9M | $204.8M | $175.2M | $105.4M |
| Net current asset value | −$444.7M | −$231.7M | −$231.7M | −$387.5M | −$537.4M | −$460.4M | −$364.5M | −$140.8M | −$314.9M | −$356.9M |
| Graham number | $66.88 | $63.99 | $58.59 | $60.54 | $49.32 | $41.13 | $41.81 | $38.23 | $42.23 | $30.53 |
| Graham net-net per share | −$11.31 | −$7.84 | −$9.00 | −$5.81 | −$11.93 | −$9.96 | −$6.72 | −$4.96 | −$6.40 | −$6.63 |
| Capital allocation | ||||||||||
| Dividends paid | $170.4M | $164.6M | $155.9M | $147.2M | $139.1M | $133.8M | $127.4M | $118.7M | $105.0M | $91.7M |
| Share buybacks (net) | $448.2M | $35.1M | $28.1M | $25.0M | $193.9M | $431.5M | $65.5M | $54.9M | $49.0M | $130.1M |
| Dividend payout ratio | 33.9% | 36.1% | 40.8% | 40.2% | 38.3% | 43.0% | 43.0% | 43.7% | 27.9% | 37.3% |
| Dividends + buybacks / free cash flow | 89.0% | 34.0% | 36.1% | 98.7% | 106.3% | 185.8% | 57.9% | 46.0% | 41.4% | 70.3% |
| Capex / revenue | 2.7% | 2.2% | 2.6% | 10.0% | 9.9% | 9.0% | 10.5% | 3.5% | 2.6% | 2.9% |
| Capex / operating cash flow | 8.8% | 8.3% | 10.2% | 54.2% | 37.9% | 34.2% | 34.8% | 12.4% | 9.7% | 11.7% |
| Capex / depreciation | 0.31 | 0.26 | 0.29 | 1.09 | 1.08 | 0.90 | 1.03 | 0.20 | 0.16 | 0.30 |
| Stock-based compensation / revenue | 1.3% | 1.2% | 1.3% | 1.4% | 1.3% | 1.2% | 1.0% | 0.8% | 0.8% | 0.8% |
| R&D / revenue | 7.1% | 6.9% | 6.7% | 6.9% | 6.2% | 6.2% | 6.5% | 6.2% | 5.9% | 5.9% |
| SG&A / revenue | 12.0% | 11.9% | 12.6% | 11.3% | 11.2% | 10.6% | 11.7% | 12.0% | 11.9% | 11.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 49.3 | 48.9 | 55.9 | 64.1 | 68.6 | 68.8 | 65.7 | 73.3 | 72.5 | 70.3 |
| Days of inventory on hand | — | — | -110.2 | -92.2 | 0.0 | -26.6 | -28.0 | 8.0 | 17.1 | 9.2 |
| Days payables outstanding | 8.1 | 7.6 | 6.6 | 5.7 | 6.5 | 5.3 | 3.6 | 28.1 | 46.1 | 23.0 |
| Cash conversion cycle (days) | 41.2 | 41.3 | -60.9 | -33.8 | 62.1 | 36.9 | 34.1 | 53.2 | 43.5 | 56.5 |
| Receivables turnover | 7.41 | 7.47 | 6.52 | 5.69 | 5.32 | 5.31 | 5.55 | 4.98 | 5.04 | 5.19 |
| Payables turnover | 44.99 | 48.28 | 54.90 | 63.64 | 56.16 | 68.80 | 102.23 | 12.98 | 7.91 | 15.90 |
| Inventory turnover | — | — | — | — | 1,128,614,000.00 | — | — | 45.59 | 21.36 | 39.65 |
| Asset turnover | 0.81 | 0.78 | 0.76 | 0.75 | 0.74 | 0.72 | 0.76 | 0.76 | 0.78 | 0.77 |
| Average receivables | $337.0M | $318.0M | $339.6M | $365.0M | $365.3M | $331.4M | $305.5M | $311.7M | $305.2M | $275.5M |
| Average payables | $31.6M | $28.2M | $23.7M | $19.2M | $20.1M | $15.5M | $9.9M | $71.1M | $110.4M | $51.5M |
| Average inventory | — | — | −$392.2M | −$307.9M | $1 | −$77.4M | −$77.4M | $20.2M | $40.9M | $20.7M |
| Intangibles / total assets | 49.1% | 49.0% | 49.0% | 29.7% | 52.5% | 48.6% | 47.4% | 55.0% | 53.2% | 48.5% |
Computed from JKHY's annual financial statements (latest annual report filed August 28, 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.
JKHY valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Jack Henry traded at 19.7 times earnings, against a 10-year median of 33.2. Based on the latest twelve months, the trailing P/E is 21.9 and the forward P/E is 20.2. Jack Henry earned a return on equity of 24.0% and a return on invested capital of 22.4% in fiscal 2026. It ended the year with $40.0 million of debt and $12.1 million in cash and short-term investments, net debt of $27.9 million. It returned $618.6 million to shareholders: $170.4 million in dividends and $448.2 million in share buybacks, 89% of free cash flow. The share count fell 7.9% from 78.3M to 72.0M over 9 years.
See the JKHY income statement, the JKHY chart for price history, or the JKHY stock overview for the latest quote and news.
JKHY key metrics FAQ
What is Jack Henry's P/E ratio?
Jack Henry's trailing P/E ratio is 21.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 20.2. At the end of fiscal 2026 it was 19.7, compared with a 10-year median of 33.2.
What is Jack Henry's EV/EBITDA?
Jack Henry's enterprise value was 12.1 times EBITDA at the end of fiscal 2026 (enterprise value $10.0 billion, EBITDA $819.5 million); the current EV/EBITDA is 12.0.
What is Jack Henry's return on equity?
Jack Henry's return on equity (ROE) was 24.0% in fiscal 2026: net income of $502.8 million on average shareholders' equity of $2.1 billion.
What is Jack Henry's ROIC?
Jack Henry's return on invested capital was 22.4% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Jack Henry have?
Jack Henry had total debt of $40.0 million at the end of fiscal 2026, a debt-to-equity ratio of 0.02 and $27.9 million of net debt (0.03 times EBITDA).
What is Jack Henry's dividend yield?
Jack Henry's forward dividend yield is 1.59%. Jack Henry paid $170.4 million in dividends in fiscal 2026 ($2.37 per share), a payout ratio of 33.9%.
Does Jack Henry buy back its shares?
Yes. Jack Henry spent $448.2 million on net share repurchases in fiscal 2026 Shares outstanding changed −1.4% over the year, to 72.0M..
What is Jack Henry's free cash flow yield?
Jack Henry generated $694.9 million of free cash flow in fiscal 2026, a free cash flow yield of 7.0% on its market value at year-end ($9.9 billion).
What is Jack Henry's current ratio?
Jack Henry's current ratio was 1.17 at the end of fiscal 2026: current assets were 1.17 times current liabilities.