Broadridge Financial Solutions
BR · NYSEServices-Business Services, NEC · Fiscal year ends Jun 30
Broadridge Financial Solutions reported revenue of $7.5B in the fiscal year ended Jun 2026, up 8.5% from the year before. Operating income was $1.3B, an operating margin of 17.4%, and net income was $1.1B. Operating cash flow of $1.3B less capital expenditure of $67M left free cash flow of $1.3B. Net debt was $2.9B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | $5.7B | $6.1B | $6.5B | $6.9B | $7.5B |
| Cost of revenue | $4.1B | $4.3B | $4.6B | $4.8B | $5.1B |
| Gross profit | $1.6B | $1.8B | $1.9B | $2.1B | $2.4B |
| Selling, general & admin | $832M | $849M | $917M | $948M | $1.1B |
| Operating income | $760M | $936M | $1B | $1.2B | $1.3B |
| Interest expense | $88M | $144M | $150M | $136M | $112M |
| Income tax | $133M | $164M | $179M | $219M | $322M |
| Net income | $539M | $631M | $698M | $840M | $1.1B |
| Diluted EPS | 4.55 | 5.30 | 5.86 | 7.10 | 9.60 |
| Diluted shares | 119M | 119M | 119M | 118M | 117M |
Balance sheet
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $225M | $252M | $304M | $562M | $403M |
| Inventory | $29M | $34M | $31M | $32M | $35M |
| Current assets | $1.3B | $1.4B | $1.5B | $1.8B | $1.7B |
| Net PP&E | $151M | $146M | $162M | $170M | $174M |
| Goodwill | $3.5B | $3.5B | $3.5B | $3.6B | $3.8B |
| Total assets | $8.2B | $8.2B | $8.2B | $8.5B | $8.9B |
| Payables | $245M | $157M | $314M | $220M | $150M |
| Deferred revenue | $199M | $200M | $227M | $249M | $277M |
| Current liabilities | $1.3B | $2.4B | $1.4B | $1.9B | $1.4B |
| Short-term debt | $0 | $1.2B | $0 | $499M | $0 |
| Long-term debt | $3.8B | $2.2B | $3.4B | $2.8B | $3.3B |
| Total liabilities | $6.2B | $6B | $6.1B | $5.9B | $6.1B |
| Shareholders' equity | $1.9B | $2.2B | $2.2B | $2.7B | $2.8B |
Cash flow
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $444M | $823M | $1.1B | $1.2B | $1.3B |
| Capital expenditure | $29M | $38M | $57M | $44M | $67M |
| Free cash flow | $415M | $785M | $999M | $1.1B | $1.3B |
| Depreciation & amortisation | $82M | $84M | $120M | $131M | $138M |
| Stock-based compensation | $68M | $73M | $71M | $73M | $94M |
| Acquisitions | $13M | $0 | $34M | $194M | $283M |
| Share buybacks | $23M | $24M | $485M | $135M | $604M |
| Dividends paid | $291M | $331M | $368M | $402M | $444M |
| Dividend per share | 2.56 | 2.90 | 3.20 | 3.52 | 3.90 |
Key ratios
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 6.2% | 7.4% | 5.9% | 8.5% |
| Operating income growth (YoY) | – | 23.2% | 8.6% | 16.9% | 9.4% |
| EPS growth (YoY) | – | 16.5% | 10.6% | 21.2% | 35.2% |
| Gross margin | 27.9% | 29.5% | 29.7% | 31.0% | 31.8% |
| Operating margin | 13.3% | 15.4% | 15.6% | 17.3% | 17.4% |
| Net margin | 9.4% | 10.4% | 10.7% | 12.2% | 15.0% |
| Return on equityBlank when equity is negative | 28.1% | 28.1% | 32.2% | 31.6% | 39.6% |
| ROCEEBIT ÷ (assets − current liabilities) | 11.1% | 16.0% | 14.9% | 17.8% | 17.3% |
| Free cash flow margin | 7.3% | 13.0% | 15.4% | 16.4% | 17.1% |
| Cash conversion (CFO ÷ net income) | 0.82x | 1.31x | 1.51x | 1.40x | 1.20x |
| Inventory days | 3 | 3 | 2 | 2 | 3 |
| Payable days | 22 | 13 | 25 | 17 | 11 |
| Interest cover | 8.66x | 6.52x | 6.77x | 8.75x | 11.6x |
| Debt ÷ equity | 1.98x | 1.52x | 1.55x | 1.22x | 1.15x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $3.6B | $3.2B | $3.1B | $2.7B | $2.9B |
| Current ratio | 1.01x | 0.58x | 1.08x | 0.98x | 1.24x |
Recent filings
More in Services-Business Services, Nec
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.