FactSet

OverviewSuggest Edit

FactSet Research Systems is a company providing integrated financial data and software solutions for investment professionals. It operates in four segments: Research, Analytics and Trading, Wealth, and Content and Technology Solutions (CTS). The Research segment enables users to analyze public and private companies, discover opportunities with proprietary data, monitor the global markets, gain industry and market insights, and collaborate on and share information across teams. The Analytics and Trading segment addresses processes around portfolio analytics, risk management, and performance measurement and attribution as well as focuses on client reporting, portfolio construction, trade execution, and order management. The Wealth segment delivers portfolio analytics, market monitoring tools, multi-asset class research, and customized digital solutions. The CTS segment focuses on data delivery services providing normalized data through APIs and direct delivery of local copies of standard data feeds. FactSet serves asset owners, corporations, hedge funds, insurance professionals, investment bankers, university professors and students, and wealth management and private equity markets.

TypePublic
Founded1978
HQNorwalk, CT, USMap
Websitefactset.com
Employee Ratings3.9More
Overall CultureBMore

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2020)10,484(+5%)
Revenue (FY, 2020)$1.5 B(+5%)
Share Price (Jan 2021)$318.2
Cybersecurity ratingBMore

Key People/Management at FactSet

Philip Snow

Philip Snow

Chief Executive Officer
Gene Fernandez

Gene Fernandez

Chief Technology and Product Officer
Helen Shan

Helen Shan

Chief Financial Officer
Daniel Viens

Daniel Viens

Chief Human Resources Officer
John Costigan

John Costigan

Chief Content 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 32 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
Show all (39)

FactSet Financials and Metrics

FactSet Revenue

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FactSet's revenue was reported to be $1.49 b in FY, 2020 which is a 4.1% increase from the previous period.
USD

Revenue (Q1, 2021)

388.2m

Net income (Q1, 2021)

101.2m

EBIT (Q1, 2021)

121.0m

Market capitalization (15-Jan-2021)

12.1b

Closing stock price (15-Jan-2021)

318.2

Cash (30-Nov-2020)

560.1m

EV

12.4b
FactSet's current market capitalization is $12.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.4b1.4b1.5b

Revenue growth, %

11%6%4%

Cost of goods sold

659.3m663.4m695.4m

Gross profit

690.8m771.9m798.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

329.1m335.2m339.9m351.6m354.9m364.5m366.7m369.8m374.1m388.2m

Cost of goods sold

161.5m163.2m165.1m166.8m165.1m163.8m165.0m176.2m170.7m

Gross profit

167.6m172.0m174.8m184.9m189.8m200.7m201.7m193.6m203.4m

Gross profit Margin, %

51%51%51%53%53%55%55%52%54%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

208.6m359.8m585.6m

Accounts Receivable

156.6m146.3m155.0m

Prepaid Expenses

30.1m36.9m43.7m

Current Assets

430.9m583.8m841.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

221.9m233.6m213.1m170.4m218.3m324.0m336.2m343.5m457.7m560.1m

Accounts Receivable

144.8m165.5m145.3m159.9m176.4m153.5m145.4m168.1m151.4m156.2m

Prepaid Expenses

28.6m33.3m31.6m33.4m40.5m10.4m38.5m39.7m34.5m43.7m

Current Assets

427.0m472.1m429.6m391.2m488.0m549.2m546.2m601.1m708.4m804.1m
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Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

267.1m352.8m372.9m

Depreciation and Amortization

57.3m60.5m100.8m

Accounts Payable

12.1m(2.3m)12.4m

Cash From Operating Activities

385.7m427.1m505.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

70.4m123.5m198.3m84.3m169.0m261.3m94.0m182.6m283.9m101.2m

Depreciation and Amortization

14.3m28.4m42.8m14.2m29.1m43.9m14.4m28.3m41.3m15.3m

Accounts Payable

8.6m147.0k3.4m(10.5m)(5.4m)(4.8m)13.2m10.4m10.4m2.2m

Cash From Operating Activities

61.1m153.7m279.3m46.3m145.6m305.3m95.8m195.5m346.4m89.3m
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USDQ1, 2018

Revenue/Employee

34.9k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x
Show all financial metrics

FactSet Operating Metrics

FactSet's Users was reported to be 133.1 k in FY, 2020. FactSet's Enterprise Customers was reported to be 5.9 k in FY, 2020.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Annual Subscription Value

$963.60 m$970.20 m$1 b$1.02 b$1.06 b$1.11 b$1.14 b$1.16 b$1.15 b$1.17 b$1.19 b$1.28 b$1.32 b$1.32 b$1.35 b$1.36 b$1.39 b$1.42 b$1.44 b$1.42 b$1.46 b$1.45 b$1.48 b$1.49 b$1.54 b

Enterprise Customers

2.74 k2.76 k2.87 k2.92 k2.98 k3.01 k3.06 k3.08 k3.09 k3.12 k4.40 k4.63 k4.74 k4.81 k4.90 k4.98 k5.14 k5.30 k5.41 k5.46 k5.57 k5.60 k5.69 k5.74 k5.88 k

Users

54.60 k55.59 k57.41 k59 k62.21 k63.17 k63.50 k63.54 k65.66 k66.96 k85.79 k86.03 k88.85 k88.59 k88.65 k89.51 k91.90 k115.21 k122.06 k122.95 k126.82 k126.79 k128.90 k131.10 k133.05 k
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FactSet Acquisitions / Subsidiaries

Company NameDateDeal Size
TruValue LabsOctober 20, 2020
FDSGDecember 31, 2017
BI-SAM TechnologiesMarch 20, 2017$205.20 m
Interactive Data Managed SolutionsJanuary 27, 2017
CYMBA Technologies LimitedDecember 20, 2016
Vermilion Software Ltd.December 20, 2016
PortwareSeptember 22, 2015$265 m
Code RedFebruary 09, 2015$36 m
Matrix Solutions IncDecember 10, 2013£12 m
Revere Data LLCSeptember 05, 2013$15.30 m
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FactSet Revenue Breakdown

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FactSet revenue breakdown by geographic segment: 28.3% from Europe, 62.2% from U.S. and 9.5% from Asia Pacific

FactSet Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

Learn more about our premium products
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FactSet Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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FactSet Online and Social Media Presence

FactSet's Trends

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FactSet Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    B

    73/100

  • Compensation

    C

    63/100

  • Diversity

    B

    73/100

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FactSet News and Updates

January 12, 2021

FactSet Brings Scalable Data Mapping Service to Snowflake

Pioneering concordance offering to allow clients a faster, more seamless experience that links universe of proprietary and third-party data in the cloud Pioneering concordance offering to allow clients a faster, more seamless experience that links universe of proprietary and third-party data in the …
December 21, 2020

FactSet Reports Solid Results for First Quarter 2021

Revenue increases 6% and EPS rises 8% Revenue increases 6% and EPS rises 8%
November 24, 2020

FactSet Schedules First Quarter 2021 Earnings Call

NORWALK, Conn., Nov. 24, 2020 (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 first quarter fiscal 20…
November 23, 2020

FactSet to Participate in Credit Suisse 24th Annual Technology Conference

NORWALK, Conn., Nov. 23, 2020 (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 participate in Credit Suisse’s 24th Annual Technology Conference on Monday,…
October 20, 2020

FactSet agrees to buy ESG data firm TruValue

Financial analytics vendor FactSet has agreed to buy AI-driven environmental, social, and governance (ESG) data outfit Truvalue Labs. Financial terms of the deal were not disclosed.
October 20, 2020

FactSet Enters into Agreement to Acquire Truvalue Labs

Integration of leading ESG provider into FactSet universe will expand investors’ access to meaningful ESG signals Integration of leading ESG provider into FactSet universe will expand investors’ access to meaningful ESG signals
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FactSet Blogs

January 22, 2021

S&P 500 Earnings Season Update: January 22, 2021

At this point in time, more S&P 500 companies are beating EPS estimates for the fourth quarter than average, and beating EPS estimates by a wider margin than average. As a result, the index is reporting higher earnings for the fourth quarter today relative to the end of last week and…
January 21, 2021

Banks in the Time of COVID: What to Watch in 2021

While we have been dealing with COVID-19 for nearly a year (and lockdowns have made it seem much longer), we only have two quarters’ worth of financial data that really reflects the impact of the pandemic, from the second and third quarters of the late and unlamented 2020. With year-end …
January 20, 2021

U.S. IPO Market Primed to Enter New Chapter Following SEC Ruling

As we continue to see a shift in asset allocation from public markets to private markets in the U.S., asset managers, investors, and policymakers are paying more attention to how, when, and which companies submit an IPO each year.
January 19, 2021

Record-High Number of S&P 500 Companies Issuing Positive EPS Guidance for Q4

Heading into the peak weeks of the fourth quarter earnings season, 85 S&P 500 companies have issued EPS guidance for the quarter. This number is below the five-year average of 102. Of these 85 companies, 29 have issued negative EPS guidance and 56 have issued positive EPS guidance. T…
January 18, 2021

Could COVID-19 Be a Catalyst for Improved Reporting and Transparency?

FactSet’s Vanessa Barnett, Global Head of Environmental, Social, and Governance (ESG), recently spoke with Climate Action about the recent acceleration in ESG investing, the implications for the investment community, and whether COVID-19 could be a catalyst for improved reporting and tra…
January 15, 2021

Will the S&P 500 Report Year-Over-Year Earnings Growth in Q4?

As of today, the S&P 500 is expected to report a decline in earnings of -6.8% for the fourth quarter. What is the likelihood the index will report an actual decline in earnings of -6.8% for the quarter?
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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 Helen Shan.

  • How many employees does FactSet have?

    FactSet has 10,484 employees.

  • What is FactSet revenue?

    Latest FactSet annual revenue is $1.5 b.

  • What is FactSet revenue per employee?

    Latest FactSet revenue per employee is $142.5 k.

  • Who are FactSet competitors?

    Competitors of FactSet include BlackRock, MSCI and Refinitiv.

  • 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 32 other locations.

  • How many offices does FactSet have?

    FactSet has 39 offices.