Factset Research Systems $FDS Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up FACTSET RESEARCH SYSTEMS INC. ($FDS). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-09-25. 8 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $2.3B (FY2025), total debt $1.4B. Experience: revenue up 5.4% on the year, up 9.9% a year over 4 years; operating margin 32.2%, up from 31.8%. Soundness: equity 50.8% of assets, return on equity 27.3%, payout 26.8% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.2B and $2.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $2.0B to $2.9B. A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, services-computer programming, data processing, etc.): operating margin 32.2% against a 2.9% median; growth 5.4% against 5.7%.
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $726M · −$393M · −$408M · $617M |
| Investment book (cash · short · long) | $338M · $17M · — · current ratio 1.40 |
| Revenue swing · equity of assets | 4.8% · 51.4% |
Factset Research Systems is growing faster than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-08-31 |
| Revenue | $2.3B |
| Revenue, on the year | 5.4% |
| Revenue, a year over the record | 9.9% |
| Operating margin | 32.2% |
| Operating margin, prior year | 31.8% |
| Net margin | 25.7% |
| Research and development | $301M · 13.0% of revenue |
| Total debt | $1.4B |
| Equity of assets | 50.8% |
| Return on equity | 27.3% |
| Payout of profit | 26.8% |
| Dividend per share | $1.24 |
| Earnings per share | $15.74 |
| Book value per share | $56.96 |
| Revenue per share | $60.49 |
| Shares outstanding | 38,385,000 |
| Audited years read | 5 |
Peers: the median of 40 filers with $50M+ revenue in services-computer programming, data processing, etc..
Health HarborFactset Research Systems sails as: New ship
Health watch · 12 monthsDirector or officer change ×4
Sailing speed follows growth: 8.0% a year crosses the harbor in 56 seconds.
🌊 Visit the Bay →No warning signs on the measures below.
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-09-25 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 8-K · 2026-08-31 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-07-01
- 8-K · 2026-07-01 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 8-K · 2026-04-08 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-04-02
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company