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 (238)

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2020)10,484(+5%)
Job Openings238
Revenue (FY, 2020)$1.5 B(+5%)
Share Price (Apr 2021)$336.9(-2%)
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 (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 (Q2, 2021)

391.8m

Net income (Q2, 2021)

96.6m

EBIT (Q2, 2021)

116.1m

Market capitalization (26-Apr-2021)

11.8b

Closing stock price (26-Apr-2021)

336.9

Cash (28-Feb-2021)

602.7m

EV

12.1b
FactSet's current market capitalization is $11.8 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

83/100

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

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FactSet Blogs

May 05, 2021

Keeping Up with Rapid Shifts in Research Management

Research Management Solutions (RMS) is the hub of the cyclical, end-to-end research process and most often serves asset managers, asset owners, and private equity firms of all sizes. Analysts contribute notes that reflect daily monitoring, changes in sentiment due to earnings releases or…
May 05, 2021

FactSet Unveils New Technology Integrations For API and Cloud Delivery Support

NORWALK, Conn., May 5, 2021 - FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced several product releases as data concordance, speed, flexibility, and customization continue to be driving forces beh…
May 04, 2021

Capture Today’s Five Market Megatrends with Thematic ETFs

Investors should focus on market megatrends and consider the thematic exchange-traded fund (ETF) approaches that are tailored to them.
May 03, 2021

Second-Highest Increase in S&P 500 EPS Estimates for Q2 2021 Since 2002

During the month of April, analysts increased earnings estimates for companies in the S&P 500 for the second quarter. The Q2 bottom-up EPS estimate (which is an aggregation of the median EPS estimates for Q2 for all the companies in the index) increased by 4.2% (to $43.73 from $41.98…
May 03, 2021

FactSet Launches Actionable Insights Powered by Machine Learning

NORWALK, Conn., May 3, 2021 - FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has launched FactSet Signals, its meaningful market- and data-intelligence notifications based on business ru…
April 30, 2021

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

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