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 CultureCMore
View Jobs (292)

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2020)10,484(+5%)
Job Openings292
Revenue (FY, 2020)$1.5 B(+5%)
Share Price (Jul 2021)$357.3(+3%)
Cybersecurity ratingBMore

Key People/Management at FactSet

Philip Snow

Philip Snow

Chief Executive Officer
Ruggero Scorcioni

Ruggero Scorcioni

VP, Principal Machine Learning Engineer, Cognitive Computing
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
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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 (38)

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 (Q2, 2021)

391.8m

Net income (Q2, 2021)

96.6m

EBIT (Q2, 2021)

116.1m

Market capitalization (30-Jul-2021)

13.5b

Closing stock price (30-Jul-2021)

357.3

Cash (28-Feb-2021)

602.7m

EV

13.8b
FactSet's current market capitalization is $13.5 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, 2021Q2, 2021

Revenue

329.1m335.2m339.9m351.6m354.9m364.5m366.7m369.8m374.1m388.2m391.8m

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, 2021Q2, 2021

Cash

221.9m233.6m213.1m170.4m218.3m324.0m336.2m343.5m457.7m560.1m602.7m

Accounts Receivable

144.8m165.5m145.3m159.9m176.4m153.5m145.4m168.1m151.4m156.2m171.6m

Prepaid Expenses

28.6m33.3m31.6m33.4m40.5m10.4m38.5m39.7m34.5m43.7m53.3m

Current Assets

427.0m472.1m429.6m391.2m488.0m549.2m546.2m601.1m708.4m804.1m867.7m
show all
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, 2021Q2, 2021

Net Income

70.4m123.5m198.3m84.3m169.0m261.3m94.0m182.6m283.9m101.2m197.8m

Depreciation and Amortization

14.3m28.4m42.8m14.2m29.1m43.9m14.4m28.3m41.3m15.3m31.0m

Accounts Payable

8.6m147.0k3.4m(10.5m)(5.4m)(4.8m)13.2m10.4m10.4m2.2m(724.0k)

Cash From Operating Activities

61.1m153.7m279.3m46.3m145.6m305.3m95.8m195.5m346.4m89.3m229.9m
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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

$963.6 m$970.2 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 k4.4 k4.63 k4.74 k4.81 k4.9 k4.98 k5.14 k5.3 k5.41 k5.46 k5.57 k5.6 k5.69 k5.74 k5.88 k

Users

54.6 k55.59 k57.41 k59 k62.21 k63.17 k63.5 k63.54 k65.66 k66.96 k85.79 k86.03 k88.85 k88.59 k88.65 k89.51 k91.9 k115.21 k122.06 k122.95 k126.82 k126.79 k128.9 k131.1 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$205.2 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$15.3 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

84/100

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

    C

    70/100

  • CEO Rating

    D

    63/100

  • Compensation

    C

    67/100

Learn more on Comparably

FactSet News and Updates

July 28, 2021

FactSet and Smartplus bring ESG to retail investors in Japan

FactSet ("FactSet" or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, and Smartplus, a leading Japanese wealth management and insurance platform, today announced the integration of FactSet’s Truvalu…
July 28, 2021

FactSet and Smartplus Bring ESG to Retail Investors in Japan

Integration of FactSet ESG data will allow new ESG screening for portfolio construction in Smartplus’ Wealth Wing platform for retail clients Integration of FactSet ESG data will allow new ESG screening for portfolio construction in Smartplus’ Wealth Wing platform for retail clients
July 19, 2021

FactSet Appoints Kristina Karnovsky as Executive Vice President, Chief Product Officer

Karnovsky Brings Two Decades of Experience in Leadership Roles at FactSet; Most Recently, Served as Senior Vice President, Head of Research Solutions Karnovsky Brings Two Decades of Experience in Leadership Roles at FactSet; Most Recently, Served as Senior Vice President, Head of Research Solutions
July 15, 2021

FactSet Signs on to UN Global Compact and Principles for Responsible Investment

NORWALK, Conn., July 15, 2021 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced that it has become a signatory to the UN Global Compact and the internationally recognize…
July 14, 2021

FactSet acquires BTU Analytics

FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has acquired BTU Analytics (BTU), a provider of data and analytics in the North American renewables, power, oil, and natural gas sectors.
July 14, 2021

FactSet Acquires BTU Analytics

Deal adds comprehensive sector data for North American power, oil, and gas to FactSet’s content portfolio Deal adds comprehensive sector data for North American power, oil, and gas to FactSet’s content portfolio
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FactSet Blogs

August 04, 2021

Tackling Model Drift in a Tax-Aware Portfolio

Constructing and running tax-efficient portfolios has been a growing need in the market over the last several years. With long-term appreciation of equity stock returns, increased scrutiny over capital gain tax legislation by the current U.S. administration, and a client-driven desire fo…
August 03, 2021

Distribution (or Showcasing the Secret Sauce)

In this five-part series, FactSet’s Pat Reilly, Director of Analytics, will examine the theme of data governance and distribution through the lenses of data sourcing, integration, quality, analysis, and distribution across internal and external clients. Combined, these provide asset mana…
August 02, 2021

Analysts Continue To Increase S&P 500 EPS Estimates for Q3, but at a Slower Pace vs. Q2

During the month of July, analysts increased earnings estimates for companies in the S&P 500 for the third quarter. The Q3 bottom-up EPS estimate (which is an aggregation of the median EPS estimates for Q3 for all the companies in the index) increased by 3.6% (to $49.22 from $47.50) …
July 30, 2021

S&P 500 Earnings Season Update: July 30, 2021

At this point in time, more S&P 500 companies are beating EPS estimates for the second quarter than average, and beating EPS estimates by a wider margin than average. As a result, the index is reporting higher earnings for the second quarter today relative to the end of last week and…
July 29, 2021

The Need for Speed: Trading 3.0

FactSet recently hosted a series of expert panels to discuss the trends, challenges, and opportunities shaping the strategies and workflows of the APAC financial community. In a session focused on the ever-changing trading desk, the panel discussed how traders can adapt quickly and prepa…
July 28, 2021

Compelling Opportunities for Venture Capital and SPACs in Southeast Asia

While COVID-19 has had a destructive effect on many businesses around the world, the amount of venture capital (VC) funding in Southeast Asia has never been higher.
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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, Ruggero Scorcioni and Gene Fernandez.

  • 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 ITRex, BlackRock and MSCI.

  • 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 38 offices.