One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Broadridge Financial Solutions,
BR · NYQ · Technology · Information Technology Services
Current price
$152.78
52-week range
$133.83 - $271.91
Market cap
—
Balance sheet
Stretched
8.75x Adequate
Net debt $3.10B. Interest coverage shows how many times profit covers the interest bill.
What stands out
3 Rewards
0 Risks
3 rewards · 0 risks
- Reward Revenue grew 6.3% last year.
- Reward Returns 42.3% on equity, ahead of 80% of its peers.
- Reward Free cash flow was positive in 10/10 years.
What this company does
Broadridge Financial Solutions,
Broadridge is like the central post office and back office for the financial world, handling the essential, often legally required, communications between public companies and their shareholders. The company makes most of its money by charging fees for these necessary services, like processing shareholder votes and financial trades, which creates a lot of recurring revenue (predictable income that comes in regularly, like a subscription). Because its systems are so deeply embedded in how Wall Street operates, it is very difficult for clients like big banks to switch to a competitor, giving the company a stable business.
How the company got here
Broadridge started in 1962 as a part of ADP, the big payroll processing company. It focused on handling the paperwork and processing for stock trades. A key turning point came in 2007 when ADP decided to spin off this division, creating the independent company we know today as Broadridge Financial Solutions. Since then, it has grown into a major financial technology company, largely by being the essential, behind-the-scenes player that handles critical communications and record-keeping for the financial industry.
What it actually does
Think of Broadridge as the central post office and record keeper for the investment world. When you own a stock, the company you invested in needs to send you important information, like annual reports and materials for voting on company matters (called a proxy statement). Broadridge is the company that banks and brokers hire to handle the complex process of making sure these communications reach millions of investors like you. They also provide the technology that powers the trading of trillions of dollars in stocks and other investments every day.
Investor Communication Solutions
This is Broadridge's largest business, making up the majority of its revenue. It's the part of the company that handles sending out investor materials, like proxy statements (the documents that let you vote on a company's board of directors and other issues) and annual reports. Banks, brokers, and mutual funds pay Broadridge to manage this process, ensuring that all the legally required information gets to the right shareholders. This segment also includes services like providing virtual shareholder meetings and sending out other customer communications for companies in finance and other industries.
Global Technology and Operations
This segment is the technology backbone for many financial firms, representing a smaller but significant part of the company's revenue. It provides the software and systems that automate the entire life of a stock trade, from the moment an order is placed to its final settlement. Investment managers and banks pay Broadridge for these solutions to handle complex tasks like trade processing, managing portfolios, and staying compliant with regulations. This allows financial firms to focus on their main business without having to build and maintain these complicated systems themselves.
What management is betting on now
Broadridge's leadership is focused on several key areas for future growth. They are heavily investing in digitizing investor communications, moving away from paper to more efficient and modern digital formats. The company is also expanding its technology offerings for wealth management and asset management firms, aiming to be the all-in-one platform for their operational needs. Additionally, Broadridge is positioning itself to be a key player in the future of finance by developing solutions for new technologies like AI and digital assets, such as tokenized securities (where real-world assets are represented as digital tokens on a blockchain).
Price history
How the share price has moved
—
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q4
$703.20M
FY2025 Q1
$-133.40M
FY2025 Q2
$227.90M
FY2025 Q3
$348.90M
FY2025 Q4
$684.10M
FY2026 Q1
$27.10M
FY2026 Q2
$318.50M
FY2026 Q3
$287.50M
Revenue
$1.95B
Net income
$276.30M
Diluted EPS
2.36
Operating cash flow
$301.10M
Free cash flow
$287.50M
Fetching…
Sources
Revenue
$1.71B
Net income
$284.60M
Diluted EPS
2.42
Operating cash flow
$324.80M
Free cash flow
$318.50M
Fetching…
Sources
Revenue
$1.59B
Net income
$165.40M
Diluted EPS
1.40
Operating cash flow
$42.30M
Free cash flow
$27.10M
Fetching…
Sources
Revenue
$2.07B
Net income
$374.20M
Diluted EPS
3.17
Operating cash flow
$699.70M
Free cash flow
$684.10M
Fetching…
Sources
Revenue
$1.81B
Net income
$243.10M
Diluted EPS
2.05
Operating cash flow
$360.40M
Free cash flow
$348.90M
Fetching…
Sources
Revenue
$1.59B
Net income
$142.40M
Diluted EPS
1.20
Operating cash flow
$236.70M
Free cash flow
$227.90M
Fetching…
Sources
Revenue
$1.42B
Net income
$79.80M
Diluted EPS
0.68
Operating cash flow
$-125.50M
Free cash flow
$-133.40M
Fetching…
Sources
Revenue
$1.94B
Net income
$323.20M
Diluted EPS
2.72
Operating cash flow
$721.00M
Free cash flow
$703.20M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $152.78
We couldn't calculate a fair value right now.
Is it drowning in debt?
Stretched
Net debt $3.1B. Interest coverage 8.8x.
Net debt
$3.10B
Interest coverage
8.75x
Broadridge Financial Solutions,'s profit covers its interest bill about 8.8 times over. which is stronger than most peers shown here.
Stretched
Worse cushion
Baseline
Better cushion
BR
BASELINE
Broadridge Financial Solutions,
Total debt $3.41B Interest coverage 8.75x This is the baseline the peer rows are being compared against.
Total debt $7.78B Interest coverage 3.31x -62% vs BR Carries about 2.6x less debt cushion than BR.
Total debt $21.15B Interest coverage 4.50x -49% vs BR Carries about 1.9x less debt cushion than BR.
Total debt $136.59M Interest coverage 54.49x +523% vs BR Carries about 6.2x more debt cushion than BR.
Total debt $1.87B Interest coverage 7.61x -13% vs BR Has roughly the same debt cushion as BR.
What you should know
The case for and against BR
3 Rewards
0 Risks
Rewards
-
Revenue grew 6.3% last year.
-
Returns 42.3% on equity, ahead of 80% of its peers.
-
Free cash flow was positive in 10/10 years.
Risks
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
15.93x
Forward P/E
14.67x
P/B
6.27x
P/S
—
EV/EBITDA
11.79x
PEG ratio
1.02x
Profitability
How much profit each dollar creates
Gross margin
31.3%
Operating margin
18.4%
Net margin
15.0%
ROE
42.3%
ROA
9.2%
Health
Liquidity and balance-sheet strength
Debt / equity
1.21x
Current ratio
0.94x
Quick ratio
0.85x
Total debt
$3.41B
Total cash
$305.60M
Growth
How the business has been compounding
Revenue TTM
$7.32B
Revenue 5Y CAGR
8.4%
EPS TTM
9.59
EPS 5Y CAGR
16.0%
Cash flow
How much cash the business throws off
Operating CF TTM
$1.37B
Free CF TTM
$1.13B
FCF margin
15.4%
Dividend
Shareholder payout
Yield
2.6%
Payout ratio
40.7%
Last ex-div date
2026-06-12