OverviewSuggest Edit
FactSet (also known as FactSet Research Systems) is a company providing integrated financial data and software solutions for investment professionals. It operates in 4 segments: Research, Analytics and Trading, Wealth, and Content and Technology. 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 Content and Technology 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.
| Type | Public | |
| Founded | 1978 | |
| HQ | Norwalk, US | Map |
| Website | factset.com | |
| Employee Ratings | More |
Key People/Management at FactSet
Philip Snow
Chief Executive Officer
Phil Snow
Chief Executive Officer
Gene Fernandez
Chief Technology and Product Officer
Helen Shan
Chief Financial Officer
Rima Hyder
Vice President, External Communications
Daniel Viens
Chief Human Resources Officer
FactSet Office Locations
FactSet has offices in Norwalk, Austin, Boston, Chicago and in 31 other locations
Norwalk, US (HQ)
45 Glover Ave 7th Floor
Austin, US
816 Congress Ave #800
Boston, US
53 State St
Boston, US
53 State St 6th floor
Chicago, US
181 W Madison St #3300
Jackson, US
1135 Maple Way
FactSet Financials and Metrics
FactSet Revenue
FactSet's revenue was reported to be $1.44 b in FY, 2019 which is a 6.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 374.1m |
Net income (Q3, 2020) | 101.2m |
EBIT (Q3, 2020) | 121.6m |
Market capitalization (7-Aug-2020) | 13.5b |
Closing stock price (7-Aug-2020) | 355.8 |
Cash (31-May-2020) | 457.7m |
EV | 13.9b |
FactSet's current market capitalization is $13.5 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 288.1m | 294.4m | 312.1m | 329.1m | 335.2m | 339.9m | 351.6m | 354.9m | 364.5m | 366.7m | 369.8m | 374.1m |
Cost of goods sold | 127.3m | 131.6m | 146.4m | 161.5m | 163.2m | 165.1m | 166.8m | 165.1m | 163.8m | |||
Gross profit | 160.8m | 162.7m | 165.7m | 167.6m | 172.0m | 174.8m | 184.9m | 189.8m | 200.7m | |||
Gross profit Margin, % | 56% | 55% | 53% | 51% | 51% | 51% | 53% | 53% | 55% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 173.3m | 155.4m | 161.8m | 221.9m | 233.6m | 213.1m | 170.4m | 218.3m | 324.0m | 336.2m | 343.5m | 457.7m |
Accounts Receivable | 109.7m | 130.8m | 147.5m | 144.8m | 165.5m | 145.3m | 159.9m | 176.4m | 153.5m | 145.4m | 168.1m | 151.4m |
Prepaid Expenses | 18.0m | 20.4m | 24.1m | 28.6m | 33.3m | 31.6m | 33.4m | 40.5m | 10.4m | 38.5m | 39.7m | 34.5m |
Current Assets | 324.7m | 344.0m | 373.2m | 427.0m | 472.1m | 429.6m | 391.2m | 488.0m | 549.2m | 546.2m | 601.1m | 708.4m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 66.6m | 133.3m | 198.7m | 70.4m | 123.5m | 198.3m | 84.3m | 169.0m | 261.3m | 94.0m | 182.6m | 283.9m |
Depreciation and Amortization | 10.0m | 20.6m | 33.8m | 14.3m | 28.4m | 42.8m | 14.2m | 29.1m | 43.9m | 14.4m | 28.3m | 41.3m |
Accounts Payable | 2.0m | 3.4m | 1.5m | 8.6m | 147.0k | 3.4m | (10.5m) | (5.4m) | (4.8m) | 13.2m | 10.4m | 10.4m |
Cash From Operating Activities | 51.1m | 128.1m | 220.3m | 61.1m | 153.7m | 279.3m | 46.3m | 145.6m | 305.3m | 95.8m | 195.5m | 346.4m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 134.6k |
Debt/Equity | 0.6 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2 x |
FactSet Operating Metrics
FactSet's Users was reported to be 126.8 k in FY, 2019. FactSet's Enterprise Customers was reported to be 5.6 k in FY, 2019.
| FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Enterprise Customers | 2.74 k | 2.76 k | 2.87 k | 2.92 k | 2.98 k | 3.01 k | 3.06 k | 3.08 k | 3.09 k | 3.12 k | 4.40 k | 4.63 k | 4.74 k | 4.81 k | 4.90 k | 4.98 k | 5.14 k | 5.30 k | 5.41 k | 5.46 k | 5.57 k |
Users | 54.60 k | 55.59 k | 57.41 k | 59 k | 62.21 k | 63.17 k | 63.50 k | 63.54 k | 65.66 k | 66.96 k | 85.79 k | 86.03 k | 88.85 k | 88.59 k | 88.65 k | 89.51 k | 91.90 k | 115.21 k | 122.06 k | 122.95 k | 126.82 k |
FactSet Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| BI-SAM Technologies | March 20, 2017 | $205.20 m |
| Interactive Data Managed Solutions | January 27, 2017 | |
| CYMBA Technologies Limited | December 20, 2016 | |
| Vermilion Software Ltd. | December 20, 2016 | |
| Portware | September 22, 2015 | $265 m |
| Code Red | February 09, 2015 | $36 m |
| Matrix Solutions Inc | December 10, 2013 | £12 m |
| Revere Data LLC | September 05, 2013 | $15.30 m |
| StreetAccount | July 02, 2012 | |
| Market Metrics | June 02, 2010 |
FactSet Cybersecurity Score
FactSet Revenue Breakdown
FactSet revenue breakdown by geographic segment: 9.2% from Asia Pacific, 28.4% from Europe and 62.3% from U.S.
FactSet Online and Social Media Presence
87.02k Twitter followers
FactSet has 87.02k Twitter Followers. The number of followers has increased 0.5% month over month and increased 3.4% quarter over quarter
FactSet's Trends
Twitter Engagement Stats for @factset
14k
Tweets
227
Following
87k
Followers
198
Tweets last 30 days
7.8
Avg. likes per Tweet
99%
Tweets with engagement
FactSet News and Updates
July 02, 2020
Tesla stock price target boosted to $2,000 by Wedbush, making it the highest among FactSet analysts
Wedbush analyst Dan Ives raised his stock price target for Telsa Inc. to $2,000 from $1,250 on Friday, making it the highest among analysts on FactSet. "We believe with demand for Model 3's ramping stronger than expectations in China heading into the summer timeframe, the lockdown easing in the US/…
June 25, 2020
FactSet Reports Solid Results for Third Quarter 2020
Company increases annual outlook for operating margin and EPS Company increases annual outlook for operating margin and EPS
March 26, 2020
FactSet Increases Revenue and EPS in Second Quarter 2020
NORWALK, Conn., March 26, 2020 (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 29, 2020.
December 19, 2019
FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020
NORWALK, Conn., Dec. 19, 2019 (GLOBE NEWSWIRE) -- FactSet (the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its first quarter ended November 30, 2019.
December 12, 2019
Delta Air sees 2020 EPS of $6.75 to $7.74, well ahead of $7.05 FactSet consensus
Delta Air Lines Inc. said Thursday it expects to generate per-share earnings of $6.75 to $7.75 in 2020 as revenue grows 4% to 6%. The current FactSet consensus is for EPS of $7.05. The airline offered the guidance ahead of an investor day, adding that it is expecting to generate free cash flow of $…
November 12, 2019
FactSet launches workstation on OpenFin
FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical a...
FactSet Blogs
January 07, 2020
FactSet to Launch Datasets on Snowflake
NORWALK, Conn., Jan. 07, 2020 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information,...
November 21, 2019
FactSet Schedules First Quarter 2020 Earnings Call
NORWALK, Conn., Nov. 21, 2019 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS | NASDAQ:FDS), a global provider of integrated financial information,...
November 12, 2019
FactSet® Launches Workstation on OpenFin
FactSet becomes first major market data provider to adopt the OpenFin and FDC3 interoperability standards, allowing additional openness and ...
October 31, 2019
FactSet Launches Digital Portals for Retail Banking and Wealth Management Industries
New products allow clients to offer personalized market data and portfolio analytics direct to customersNORWALK, Conn., Oct. 31, 2019 (GLO...
August 06, 2019
DataRobot Launches its First AI Investment Workflow with FactSet
NORWALK, Conn. and BOSTON, Aug. 06, 2019 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial ...
May 30, 2019
FactSet Schedules Third Quarter 2019 Earnings Call
NORWALK, Conn., May 30, 2019 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS | NASDAQ:FDS) today announced that it will release its financial and ...
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, Phil Snow and Gene Fernandez.
How many employees does FactSet have?
FactSet has 9,865 employees.
What is FactSet revenue?
Latest FactSet annual revenue is $1.4 b.
What is FactSet revenue per employee?
Latest FactSet revenue per employee is $145.5 k.
Who are FactSet competitors?
Competitors of FactSet include S&P Global, Morningstar 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 31 other locations.
How many offices does FactSet have?
FactSet has 41 offices.
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