OverviewSuggest Edit

FactSet Research Systems is a company specializing in financial data and software solutions for investment professionals. It operates in three segments: Research & Advisory, Analytics & Trading, and Content and Technology Solutions (CTS). The Research & Advisory segment aims to personalize and automate aspects of the research process, providing idea generation, company and market analysis, presentation building and distribution, and research management. The Analytics & Trading segment provides solutions for institutional asset managers and asset owners across the investment portfolio lifecycle, connecting front and middle office investment functions. The CTS segment focuses on data delivery services providing structured data through APIs and cloud infrastructures. FactSet serves asset managers, asset owners, wealth managers, hedge funds, corporate firms, channel partners, broker-dealers, as well as banking and advisory, private equity, and venture capital firms.
TypePublic
Founded1978
HQNorwalk, CT, US
Websitefactset.com
Employee Ratings4
Overall CultureA-

Latest Updates

Employees (est.) (Nov 2021)10,898
Job Openings941
Revenue (FY, 2021)$1.6 B(+7%)
Share Price (May 2022)$403.5(-3%)
Cybersecurity ratingCMore
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Key People/Management at FactSet

Philip Snow

Philip Snow

Chief Executive Officer
Gene Fernandez

Gene Fernandez

Chief Technology and Content Officer
Daniel Viens

Daniel Viens

Chief Human Resources Officer
John Costigan

John Costigan

Chief Content Officer
Linda Huber

Linda Huber

Chief Financial Officer
Rachel R. Stern

Rachel R. Stern

Chief Legal Officer and Global Head of Strategic Resources
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FactSet Office Locations

FactSet has offices in Norwalk, Austin, Boston, Chicago and in 28 other locations
Norwalk, CT, US (HQ)
45 Glover Ave 7th Floor
Austin, TX, US
816 Congress Ave #800
Boston, MA, US
53 State St
Chicago, IL, US
181 W Madison St #3300
Jackson, WY, US
1135 Maple Way
Los Angeles, CA, US
800 Wilshire Blvd #550
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FactSet Financials and Metrics

FactSet Revenue

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View revenue for all periods
FactSet's revenue was reported to be $1.59 b in FY, 2021 which is a 6.5% increase from the previous period.
USD

Revenue (Q1, 2022)

424.7m

Gross profit (Q1, 2022)

217.6m

Gross profit margin (Q1, 2022), %

51.2%

Net income (Q1, 2022)

107.6m

EBIT (Q1, 2022)

122.7m

Market capitalization (1-May-2022)

15.3b

Closing stock price (1-May-2022)

403.5

Cash (30-Nov-2021)

673.9m

EV

15.5b
FactSet's current market capitalization is $15.3 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

1.4b1.5b1.6b

Revenue growth, %

6%4%7%

Cost of goods sold

663.4m695.4m786.4m

Gross profit

771.9m798.7m805.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

351.6m354.9m364.5m366.7m369.8m374.1m388.2m391.8m399.6m424.7m

Cost of goods sold

166.8m165.1m163.8m165.0m176.2m170.7m188.1m195.5m205.3m207.1m

Gross profit

184.9m189.8m200.7m201.7m193.6m203.4m200.1m196.3m194.3m217.6m

Gross profit Margin, %

53%53%55%55%52%54%52%50%49%51%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

359.8m585.6m681.9m

Accounts Receivable

146.3m155.0m151.2m

Prepaid Expenses

36.9m43.7m50.6m

Current Assets

583.8m841.9m933.6m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

352.8m372.9m399.6m

Depreciation and Amortization

60.5m100.8m107.3m

Accounts Payable

(2.3m)12.4m2.1m

Cash From Operating Activities

427.1m505.8m555.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

84.3m169.0m261.3m94.0m182.6m283.9m101.2m197.8m298.5m107.6m

Depreciation and Amortization

14.2m29.1m43.9m14.4m28.3m41.3m26.0m52.5m80.4m30.5m

Accounts Payable

(10.5m)(5.4m)(4.8m)13.2m10.4m10.4m2.2m(724.0k)(1.7m)20.7m

Cash From Operating Activities

46.3m145.6m305.3m95.8m195.5m346.4m89.3m229.9m370.2m72.9m
USDQ1, 2019

Revenue/Employee

36.6k

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

2.5 x
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FactSet Operating Metrics

FactSet's Enterprise Customers was reported to be 6.8 k in Q1, 2022. FactSet's Users was reported to be 162.2 k in Q1, 2022.
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FactSet Acquisitions / Subsidiaries

Company NameDateDeal Size
CUSIP Global ServicesDecember 27, 2021$1.9 b
Cobalt SoftwareOctober 13, 2021
BTU AnalyticsJuly 14, 2021
TruValue LabsOctober 20, 2020
FDSGDecember 31, 2017
BI-SAM TechnologiesMarch 20, 2017$205.2 m
Interactive Data Managed SolutionsJanuary 27, 2017
CYMBA Technologies LimitedDecember 20, 2016
Vermilion Software Ltd.December 20, 2016
PortwareSeptember 22, 2015$265 m
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FactSet Revenue Breakdown

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FactSet revenue breakdown by geographic segment: 26.9% from Europe, 63.3% from U.S. and 9.8% from Asia Pacific

FactSet Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

FactSet Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

FactSet Online and Social Media Presence

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FactSet Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    A

    78/100

  • Compensation

    C

    63/100

  • Diversity

    B+

    75/100

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FactSet News and Updates

FactSet Reports Results for Second Quarter 2022

NORWALK, Conn., March 24, 2022 (GLOBE NEWSWIRE) -- FactSet ("FactSet" or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its second quarter ended February 28, 2022.

FactSet Appoints Maria Teresa Tejada to Board of Directors

NORWALK, Conn., March 23, 2022 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS | NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced the appointment of Maria Teresa Tejada to its Board of Director…

FactSet Schedules Second Quarter 2022 Earnings Call

NORWALK, Conn., Feb. 28, 2022 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it will release its financial and operating results for the second quarter fiscal…

FactSet and BlackRock Now Partnering to Offer Portware’s EMS Capabilities with Aladdin

NORWALK, Conn., Feb. 23, 2022 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS) and BlackRock (NYSE:BLK) today announced that they have entered into a multi-year partnership to integrate Portware’s execution management system (EMS) capabilities with the Aladdin® platform, BlackRock’s end-to-end …

FactSet Prices $1,000,000,000 of Senior Notes

NORWALK, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it has priced a registered public offering of $500,000,000 a…

FactSet Announces Commencement of Senior Notes Offering

NORWALK, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, announced today the commencement of an offering of a series of five-year senior …
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FactSet Blogs

ESG Academic Network Roundtable Part I: Analyzing Market Reactions to ESG News

Recently FactSet held its fourth annual (virtual) ESG Academic Network Roundtable, where leading academics from world-class universities presented environmental, social, and governance (ESG) research findings leveraging FactSet’s Truvalue Labs' data alongside other datasets. This is the fir…

S&P 500 Forward P/E Ratio Falls Below 10-Year Average for the First Time Since Q2 2020

On May 12, the closing price for the S&P 500 was 3930.08 and the forward 12-month EPS estimate for the index was $237.18. Based on this closing price and EPS estimate, the forward 12-month P/E ratio for the S&P 500 on that date was 16.6. How does this 16.6 P/E ratio compare to histo…

85% of S&P 500 Companies Are Citing “Inflation” on Q1 Earnings Calls

The market continues to be concerned about higher inflation. Consumer prices increased by 8.3% in April, which was the second largest (year-over-year) increase since 1982. In light of recent high inflation numbers, have more S&P 500 companies than normal commented on inflation during th…

Is SOFR Superseding LIBOR as the Chosen One in the Bond Market?

With the cessation date of the remaining USD LIBOR (London Interbank Offered Rate) settings a year away, it is surprising to see how much work is yet to be done and how different market players are reacting to USD LIBOR and its successor, the Secured Overnight Financing Rate (SOFR). While i…

CIMalgo Selects FactSet’s Quant Factor Library to Power Analytics Platform

NORWALK, Conn., May 12, 2022 – FactSet (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that CIMalgo, a fintech research and development company for the investment management industry, has integrated Fa…

Blockchain + AI in Finance: How Opposites Attract

Blockchain and artificial intelligence (AI) may sound like something out of a science fiction movie, but in reality, they are transforming the financial services industry before our eyes. But what exactly are blockchain and AI?
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FactSet Frequently Asked Questions

  • When was FactSet founded?

    FactSet was founded in 1978.

  • Who are FactSet key executives?

    FactSet's key executives are Philip Snow, Gene Fernandez and Daniel Viens.

  • How many employees does FactSet have?

    FactSet has 10,898 employees.

  • What is FactSet revenue?

    Latest FactSet annual revenue is $1.6 b.

  • What is FactSet revenue per employee?

    Latest FactSet revenue per employee is $146 k.

  • Who are FactSet competitors?

    Competitors of FactSet include SimCorp, ITRex and BlackRock.

  • Where is FactSet headquarters?

    FactSet headquarters is located at 45 Glover Ave 7th Floor, Norwalk.

  • Where are FactSet offices?

    FactSet has offices in Norwalk, Austin, Boston, Chicago and in 28 other locations.

  • How many offices does FactSet have?

    FactSet has 34 offices.