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Broadridge Financial Solutions (BR) stock

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NYSE: BR NYSE Data Processing & Outsourced Services Next results ~November 3, 2026

B+ Fundamentals grade

Broadridge is a Delaware-incorporated financial technology company supporting investing, corporate governance and communications. Its services include handling proxy-material distribution and shareholder voting, regulatory and fund communications, corporate issuer solutions such as stock transfer and SEC filings, and omni-channel customer communications. Named platforms include ProxyEdge, ShareLink, the Virtual Shareholder Meeting service and the Broadridge Communications Cloud. For capital markets it provides trade processing, clearing and settlement, plus wealth and investment management systems.

Customers are banks, broker-dealers, mutual funds, asset and wealth managers, retirement providers and public companies, with communications work also serving healthcare, insurance, consumer finance, telecommunications and utilities. It earns money through technology and business-process outsourcing delivered on shared, multi-client platforms; for proxy work it bills issuers at reimbursement rates set by exchange and self-regulatory organisation rules.

The business runs in two reportable segments: Investor Communication Solutions, which contributed roughly 74% of revenue, and Global Technology and Operations, around 26%. Its technology handles trades, clearance and settlement in more than 100 markets. In fiscal 2026 it managed voting for over 1 billion equity proxy positions and processed over 8 billion communications.

Based on Broadridge Financial Solutions's 10-K filed August 4, 2026.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$220

Cash-flow model

Base case. Range ~$160–$300 across our lower- and higher-growth cases (2.9%–12.9% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 16% below our base value.

Price used: $184.22, November 2, 2026

Broadridge Financial Solutions valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Broadridge Financial Solutions files

Where Broadridge Financial Solutions stands after its latest 10-K

Revenue for the twelve months to June 2026 was $7.48bn, up 8.5% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin held at 17.1%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 4 of our 7 financial-health checks. Our cash-flow model value is $203 a share, against a share price of $179. At that price, our model says the market is pricing in about 6.0% a year of cash-flow growth for five years, slower than the 8.4% a year revenue growth it has delivered.

Source: 10-K filed August 4, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Broadridge Financial Solutions's trailing-twelve-month revenue grew 8.5% year on year, with a free-cash-flow margin of 17.1%. Where it stands out: operating margin of 17.4% ranks 1 of 10 data processing & outsourced services companies we cover. Where it lags: gross margin of 31.8% ranks 5 of 6 data processing & outsourced services companies we cover.

Our discounted-cash-flow model values the business at ~$220 per share in the base case (~$160–$300 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 13.4% while net income grew 33.9%: a 21pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 1.0% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Below peers: gross margin. Gross margin of 31.8% ranks 5 of 6 data processing & outsourced services companies we cover (median 34.1%).

Latest results: FY2026 Q4

Filed August 4, 2026
Earnings per share
$3.82 against an average estimate of $3.76: beat by 1.7%
Revenue
$2.22bn, up 7.5% on a year earlier
Share reaction
+3.9% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Guidance given
recurring revenue growth constant currency growth 6% to 8% (Fiscal Year 2027); adjusted Earnings per share growth growth 8% to 12% (Fiscal Year 2027)
Next report
November 3, 2026; average EPS estimate $1.37

Broadridge Financial Solutions' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.0%
  • 1 week+1.7%
  • 1 month+17.4%
  • This year-15.9%
  • 1 year-14.5%
  • 5 years+18.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$7.5B
Operating margin
17.4%
Net margin
15.0%
EPS (TTM, diluted)
$9.60

Growth

Revenue growth
+8.5%
Change in growth rate
+0.3 pts
Share count change
−1.0%

Cash

Free cash flow (TTM)
$1.3B
FCF margin
17.1%
Stock pay % of revenue
1.3%

Earnings

Last results
November 3, 2026
Next results (est.)
February 2, 2027

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Results
  4. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Broadridge Financial Solutions valuation models and calculator

What the price is pricing in

The share price implies about 4.5% a year of cash-flow growth for five years.That is close to the 8.4% a year revenue growth Broadridge Financial Solutions has delivered.

  • Priced in4.5%
  • Last 12 months8.5%
  • 3 years a year7.2%
  • 5 years a year8.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($182.42, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$220
Price used
$182.42close November 3, 2026
Implied change
▲ +20%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Broadridge Financial Solutions's free cash flow after stock-based pay with after-tax interest added back ($1.2B, FY2026 Q4 TTM), growing 6% and 6.9% in the next two years (forecasts, guidance and its record), then back to 7.9% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$160–~$300 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Broadridge Financial Solutions's free cash flow after stock-based pay ( $1.2B, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Broadridge Financial Solutions as an operating company, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$220 ~$160–$300 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$32 ~$22–$67 Left out: out of range vs price (0.17x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$130 ~$98–$170 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$130 ~$110–$160 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$170 ~$130–$220 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Broadridge Financial Solutions with Data Processing & Outsourced Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −27%
  • Revenue growth 5 points higher ▲ +36%
  • Free-cash-flow margin 1 point lower ▼ −6%
  • Last year's free-cash-flow margin change, if it persists ▲ +5%
  • Discount rate 1 point higher ▼ −17%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $131$188$262$361$489$656
8.5% $94$135$189$259$351$469
10% $72$103$145$199$269$358

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$54.47$64.34$99.51$112.26$113.06$147.01$131.90$156.23$188.90$236.67$136.11
Market value$6.6bn$7.8bn$12.0bn$13.3bn$13.2bn$17.3bn$15.6bn$18.6bn$22.5bn$28.0bn$15.9bn
+ Net debt (− = net cash)$288m$831m$790m$1.2bn$1.3bn$3.6bn$3.6bn$3.2bn$3.1bn$2.7bn$2.9bn
Enterprise value$6.9bn$8.6bn$12.8bn$14.5bn$14.5bn$20.9bn$19.2bn$21.8bn$25.5bn$30.7bn$18.8bn
Multiples
Price / sales 2.3x1.9x2.8x3.1x2.9x3.5x2.7x3.1x3.5x4.1x2.1x
Price / earnings 21.5x23.8x28.0x27.7x28.6x31.6x29.0x29.5x32.2x33.4x14.2x
Price / free cash flow 17.4x18.1x19.4x23.5x24.7x29.4x37.7x23.7x22.5x24.8x12.5x
EV / EBITDA 12.5x14.3x18.8x19.7x20.8x28.1x22.8x21.3x22.5x23.3x13.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

54 /100

Moderate moat

How hard Broadridge Financial Solutions's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 14 / 20

    Net income has been a median 9.0% of total assets over 10 years.

  • Pricing power 11 / 20

    Gross margin has been a median 28.3%, moving by 1.9 percentage points (standard deviation) across 10 years.

  • Durability 11 / 20

    Operating margin has been a median 14.4%; its worst year was 7.2%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 10 of 10 years, at a median 13.0% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 0.6% over five years; stock-based pay has been a median 1.2% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (69 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, before the open. Analysts expect revenue of $1.6bn and EPS of $1.37 (range $1.29 to $1.47) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $10.55 +10% $7.9bn +5%
Next $11.57 +10% $8.2bn +5%

Next year's EPS estimate has moved +1.1% in 90 days, across 9 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.3% on 90 days ago. In the last 30 days, 5 analysts raised Broadridge Financial Solutions's forecast and 3 cut it.

Consensus EPS forecast Broadridge Financial Solutions, last 90 days
$10.00 $10.50 $11.00 $11.50 $12.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $10.42 Current fiscal year, 60 days ago: $10.55 Current fiscal year, 30 days ago: $10.55 Current fiscal year, 7 days ago: $10.55 Current fiscal year, Now: $10.55 $10.55 Next fiscal year, 90 days ago: $11.45 Next fiscal year, 60 days ago: $11.58 Next fiscal year, 30 days ago: $11.58 Next fiscal year, 7 days ago: $11.57 Next fiscal year, Now: $11.57 $11.57

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $10.42$11.45
60 days ago $10.55$11.58
30 days ago $10.55$11.58
7 days ago $10.55$11.57
Now $10.55$11.57

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $3.76 $3.82 +1.7%
Mar 2026 $2.60 $2.72 +4.4%
Dec 2025 $1.36 $1.59 +16.8%
Sept 2025 $1.25 $1.51 +21.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 4, 2026
  • Recurring revenue growth constant currency Fiscal Year 2027 6% growth to 8% growth Non-GAAP
    “Recurring revenue growth constant currency (Non-GAAP) 6 - 8%” source
  • Adjusted Earnings per share growth Fiscal Year 2027 8% growth to 12% growth Non-GAAP
    “Adjusted Earnings per share growth (Non-GAAP) 8 - 12%” source
  • Diluted earnings per share growth rate (GAAP) Fiscal Year 2027 -4% growth to 0% growth GAAP
    “Diluted earnings per share (GAAP) (4%) - 0%” source
  • Adjusted Operating income margin Fiscal Year 2027 about 21% Non-GAAP
    “Adjusted Operating income margin (Non-GAAP) ~21%” source
  • Operating income margin % (GAAP) Fiscal Year 2027 about 19% GAAP
    “Operating income margin % (GAAP) ~19%” source
  • Free cash flow conversion Fiscal Year 2027 about 100% Non-GAAP
    “Free cash flow conversion (Non-GAAP) 100%+” source
Show 3 more items
  • Closed sales Fiscal Year 2027 $290m to $330m
    “Closed sales $290 - $330 million” source
  • Impact of foreign currency exchange Fiscal Year 2027 0% growth to 0% growth
    “Impact of foreign currency exchange (a) (0%) - 0%” source
  • Cash flow from operating activities relative to net earnings (GAAP) Fiscal Year 2027 about 100% GAAP
    “Cash flow from operating activities relative to net earnings (GAAP) 100% +” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Broadridge Financial Solutions's revenue by +6.0% next year and +6.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.1%, weight 67%) and the company's own record (+7.9%, weight 33%) . How the weights are set.

Analyst recommendations

9 analysts, Oct 2026
Buy556%
Hold444%
Sell00%

Monthly trend

  1. Oct 20264149
  2. Sep 20264149
  3. Aug 20264149
  4. Jul 20263249

Counts of recommendations published by analysts covering Broadridge Financial Solutions, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.7%
of tradable shares
Days to cover
3.33
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
99%
of shares
Held by insiders
0.3%
of shares
Employees
16,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −14.5%

$215.48 on October 31, 2025 to $184.22

ThenNowEffect
Revenue (last 12 months) $6.9bn $7.5bn +8.5%
Net margin 12.2% 15.0% +23.4%
P/E multiple 30.4x 19.2x −36.8%
Share count 118m 117m +1.0%

Biggest factor: p/e multiple.

Last 3 years +9.8%

$167.78 on November 3, 2023 to $184.22

ThenNowEffect
Revenue (last 12 months) $6.1bn $7.5bn +23.4%
Net margin 10.4% 15.0% +44.6%
P/E multiple 31.7x 19.2x −39.4%
Share count 119m 117m +1.6%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BR+21%−25%+56%+12%+0%−16%
Industry peers (median)+6%−25%−4%−14%−29%−29%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BR67%42%67%42%67%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BR−11%−27%−12%−9%−18%−39%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 48% from August 6, 2025 to June 29, 2026. Getting back needed a 93% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$134.61 – $226.84
From 52-week high
−18.8%
vs 50-day average
+7.4%
vs 200-day average
+12.2%
Volatility (1 year)
30%
Beta vs S&P 500
0.03

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 7 down
typical move ±3.2%
After a week
7 up, 4 down
typical move ±4.3%
After a month
7 up, 4 down
typical move ±3.7%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 +3.9% +1.6% +8.5% +13.2%
April 30, 2026 −3.4% +1.3% −4.9% −0.5%
February 3, 2026 −4.1% −1.3% −13.0% −3.8%
November 4, 2025 −1.2% −0.8% +0.8% +4.4%
August 5, 2025 +7.4% +0.3% +5.7% +1.4%
May 1, 2025 −3.9% +2.2% −2.6% 0.0%
January 31, 2025 −0.2% −1.2% +0.5% +1.1%
November 5, 2024 +4.7% +3.7% +8.2% +12.5%
August 6, 2024 +1.6% +0.2% +0.7% +1.1%
May 8, 2024 −4.1% +0.6% +0.4% −1.6%
February 1, 2024 −1.2% +2.4% −2.5% +0.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Broadridge Financial Solutions’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Includes results

A results date falls inside these options’ life. Implied volatility is meant to be higher for that, so we do not call it rich.

  • Implied is 1.46× the last 60 days’ realised volatility .
  • Why: an earnings date falls inside the option's life, so implied volatility is expected to be high.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: no liquid put with an effective price at or below fair value.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Broadridge Financial Solutions in five measures

Fundamentals grade B+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Broadridge Financial Solutions
$6B $6.5B $7B $7.5B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $6.2B Revenue (TTM), FY24 Q2: $6.3B Revenue (TTM), FY24 Q3: $6.4B Revenue (TTM), FY24 Q4: $6.5B Revenue (TTM), FY25 Q1: $6.5B Revenue (TTM), FY25 Q2: $6.7B Revenue (TTM), FY25 Q3: $6.8B Revenue (TTM), FY25 Q4: $6.9B Revenue (TTM), FY26 Q1: $7.1B Revenue (TTM), FY26 Q2: $7.2B Revenue (TTM), FY26 Q3: $7.3B Revenue (TTM), FY26 Q4: $7.5B $7.5B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $6.2B
FY24 Q2 $6.3B
FY24 Q3 $6.4B
FY24 Q4 $6.5B
FY25 Q1 $6.5B
FY25 Q2 $6.7B
FY25 Q3 $6.8B
FY25 Q4 $6.9B
FY26 Q1 $7.1B
FY26 Q2 $7.2B
FY26 Q3 $7.3B
FY26 Q4 $7.5B
Revenue growth, TTM YoY Broadridge Financial Solutions
4% 5% 6% 7% 8% 9% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 7.1% Revenue growth, TTM YoY, FY24 Q2: 8.4% Revenue growth, TTM YoY, FY24 Q3: 7.7% Revenue growth, TTM YoY, FY24 Q4: 7.4% Revenue growth, TTM YoY, FY25 Q1: 4.7% Revenue growth, TTM YoY, FY25 Q2: 5.7% Revenue growth, TTM YoY, FY25 Q3: 5.7% Revenue growth, TTM YoY, FY25 Q4: 5.9% Revenue growth, TTM YoY, FY26 Q1: 8.6% Revenue growth, TTM YoY, FY26 Q2: 7.4% Revenue growth, TTM YoY, FY26 Q3: 8.2% Revenue growth, TTM YoY, FY26 Q4: 8.5% 8.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 7.1%
FY24 Q2 8.4%
FY24 Q3 7.7%
FY24 Q4 7.4%
FY25 Q1 4.7%
FY25 Q2 5.7%
FY25 Q3 5.7%
FY25 Q4 5.9%
FY26 Q1 8.6%
FY26 Q2 7.4%
FY26 Q3 8.2%
FY26 Q4 8.5%
Operating margin (TTM) Broadridge Financial Solutions
15% 16% 17% 18% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 16.1% Operating margin (TTM), FY24 Q2: 16.0% Operating margin (TTM), FY24 Q3: 16.1% Operating margin (TTM), FY24 Q4: 15.6% Operating margin (TTM), FY25 Q1: 15.4% Operating margin (TTM), FY25 Q2: 16.3% Operating margin (TTM), FY25 Q3: 16.7% Operating margin (TTM), FY25 Q4: 17.3% Operating margin (TTM), FY26 Q1: 17.6% Operating margin (TTM), FY26 Q2: 17.2% Operating margin (TTM), FY26 Q3: 17.1% Operating margin (TTM), FY26 Q4: 17.4% 17.4%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 16.1%
FY24 Q2 16.0%
FY24 Q3 16.1%
FY24 Q4 15.6%
FY25 Q1 15.4%
FY25 Q2 16.3%
FY25 Q3 16.7%
FY25 Q4 17.3%
FY26 Q1 17.6%
FY26 Q2 17.2%
FY26 Q3 17.1%
FY26 Q4 17.4%
FCF margin (TTM) Broadridge Financial Solutions
14% 16% 18% 20% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 14.9% FCF margin (TTM), FY24 Q2: 15.7% FCF margin (TTM), FY24 Q3: 15.7% FCF margin (TTM), FY24 Q4: 15.3% FCF margin (TTM), FY25 Q1: 14.3% FCF margin (TTM), FY25 Q2: 14.7% FCF margin (TTM), FY25 Q3: 16.9% FCF margin (TTM), FY25 Q4: 16.4% FCF margin (TTM), FY26 Q1: 18.3% FCF margin (TTM), FY26 Q2: 19.2% FCF margin (TTM), FY26 Q3: 18.0% FCF margin (TTM), FY26 Q4: 17.1% 17.1%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 14.9%
FY24 Q2 15.7%
FY24 Q3 15.7%
FY24 Q4 15.3%
FY25 Q1 14.3%
FY25 Q2 14.7%
FY25 Q3 16.9%
FY25 Q4 16.4%
FY26 Q1 18.3%
FY26 Q2 19.2%
FY26 Q3 18.0%
FY26 Q4 17.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Broadridge Financial Solutions took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $7.5B
  2. Other income $145M · 1.9%
  3. Cost of revenue $5.1B · 68.2%
  4. Gross profit $2.4B · 31.8%
  5. Selling, general and admin $1.1B · 14.4%
  6. Operating income $1.3B · 17.4%
  7. Income tax $322M · 4.3%
  8. Net income $1.1B · 15.0%

Shares of revenue. Source: Broadridge Financial Solutions's 10-K for FY2026, as filed with the SEC. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Jun 2010 2011 Jun 2011 2012 Jun 2012 2013 Jun 2013 2014 Jun 2014 2015 Jun 2015 2016 Jun 2016 2017 Jun 2017 2018 Jun 2018 2019 Jun 2019 2020 Jun 2020 2021 Jun 2021 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 2,209 2,167 2,304 2,431 2,558 2,694 2,897 4,143 4,330 4,362 4,529 4,994 5,709 6,061 6,507 6,889 7,477
Gross profit 593 550 588 663 797 866 921 1,033 1,163 1,230 1,264 1,423 1,592 1,785 1,934 2,137 2,376
EBITDA 374 306 252 371 442 488 553 600 680 738 699 746 842 1,021 1,137 1,319 1,438
Operating income 342 270 201 323 396 439 500 532 598 653 625 679 760 936 1,017 1,189 1,301
Net income 190 170 124 212 263 287 308 327 428 482 463 548 539 631 698 840 1,124
Diluted EPS $1.37 $1.32 $0.97 $1.69 $2.12 $2.32 $2.53 $2.70 $3.56 $4.06 $3.95 $4.65 $4.55 $5.30 $5.86 $7.10 $9.60
Growth (year on year)
Revenue +6.6% −1.9% +6.3% +5.5% +5.2% +5.3% +7.5% +43.0% +4.5% +0.7% +3.8% +10.3% +14.3% +6.2% +7.4% +5.9% +8.5%
EBITDA −1.2% −18.3% −17.6% +47.2% +19.3% +10.4% +13.3% +8.6% +13.3% +8.5% −5.3% +6.8% +12.9% +21.2% +11.4% +16.0% +9.0%
Operating income −1.1% −21.2% −25.5% +60.9% +22.4% +11.0% +14.0% +6.3% +12.5% +9.1% −4.3% +8.6% +12.0% +23.2% +8.6% +16.9% +9.4%
Net income −14.9% −10.7% −27.1% +71.6% +24.0% +9.2% +7.1% +6.3% +30.9% +12.7% −4.1% +18.4% −1.5% +17.0% +10.7% +20.3% +33.9%
Diluted EPS −13.3% −3.6% −26.5% +74.2% +25.4% +9.4% +9.1% +6.7% +31.9% +14.0% −2.7% +17.7% −2.2% +16.5% +10.6% +21.2% +35.2%
Margins
Gross margin 26.8% 25.4% 25.5% 27.3% 31.1% 32.1% 31.8% 24.9% 26.8% 28.2% 27.9% 28.5% 27.9% 29.5% 29.7% 31.0% 31.8%
EBITDA margin 16.9% 14.1% 10.9% 15.3% 17.3% 18.1% 19.1% 14.5% 15.7% 16.9% 15.4% 14.9% 14.8% 16.8% 17.5% 19.2% 19.2%
Operating margin 15.5% 12.4% 8.7% 13.3% 15.5% 16.3% 17.3% 12.8% 13.8% 15.0% 13.8% 13.6% 13.3% 15.4% 15.6% 17.3% 17.4%
Net margin 8.6% 7.8% 5.4% 8.7% 10.3% 10.7% 10.6% 7.9% 9.9% 11.1% 10.2% 11.0% 9.4% 10.4% 10.7% 12.2% 15.0%
Free-cash-flow margin 14.4% 7.5% 11.1% 9.6% 13.6% 14.1% 13.1% 10.4% 14.2% 13.0% 11.8% 11.8% 7.3% 13.0% 15.4% 16.4% 17.1%
Cash flow
Cash from operations 360 191 291 271 388 431 438 516 694 617 598 640 444 823 1,056 1,171 1,346
Capital spending 43 29 34 38 40 50 58 85 77 51 63 52 29 38 57 44 67
Free cash flow 317 162 257 233 347 381 380 431 617 566 536 588 415 785 999 1,128 1,278
Stock-based pay 27 30 28 27 35 39 43 46 55 58 61 59 68 73 71 73 94
Free cash flow after stock pay 290 132 229 206 313 343 337 384 562 508 475 530 346 712 928 1,054 1,185
Balance sheet
Cash 413 242 321 266 348 324 728 271 264 273 477 275 225 252 304 562 403
Total debt 324 524 524 525 524 689 1,016 1,102 1,053 1,470 1,788 3,888 3,793 3,413 3,355 3,252 3,255
Net debt (negative = net cash) −89 283 204 259 177 365 288 831 790 1,197 1,311 3,613 3,568 3,161 3,051 2,691 2,852
Diluted shares 139m 128m 128m 125m 124m 124m 122m 121m 120m 119m 117m 118m 119m 119m 119m 118m 117m
Returned to shareholders
Dividends 67 75 78 86 97 122 138 152 166 211 241 262 291 331 368 402 444
Buybacks 269 222 52 239 130 302 120 343 277 398 69 22 23 24 485 135 604
Total returned 336 297 130 324 226 424 258 495 443 609 310 283 314 355 854 537 1,047

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 7 checks passed · June 30, 2026
What it owns · $8.9bn
Short-term assets $1.7bnLonger-term assets $7.2bn
What it owes, and who funded it · $8.9bn
Short-term liabilities $1.4bnLonger-term liabilities $4.7bnShareholders' equity $2.8bn
  • Short-term assets cover short-term liabilities $1.7bn of assets due within a year against $1.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.7bn short-term assets against $4.7bn of longer-dated liabilities.
  • More cash than debt $403m of cash against $3.3bn of debt.
  • Debt below 40% of shareholders' equity Debt is 115% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 238% to 115% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.3bn of operating cash flow against $3.3bn of debt.
  • Operating profit covers interest at least five times over Operating income of $1.3bn against $112m of interest.

From Broadridge Financial Solutions's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$604M
Dividends (TTM)
$444M
Returned to shareholders
82%
of free cash flow
Buybacks, last 3 fiscal years
$1.2B
Diluted share count
−1.0%
year over year
Total shareholder yield
5.0%
dividends 2.1% + buybacks 2.9% of market value
Dividend payout ratio
39%
of net income paid out
Sales & admin spending
14.4%
of revenue

Competitors: side by side with peers

Closest by revenue in data processing & outsourced services
Last 12 months unless stated BR CNXC MMS ALIT TTEC TASK Median
Revenue, last 12 months $7.5bn $10.0bn $5.2bn $2.2bn $2.0bn $1.2bn $1.2bn
Revenue growth, last 12 months 8.5% 2.6% −3.3% −3.5% −4.8% 11.4% 6.3%
Revenue growth, 3-year average 7.2% 15.2% 2.9% 5.2% −6.3% 9.3% 7.2%
Revenue growth, latest quarter 7.5% −1.2% −5.1% −3.2% −11.3% 5.0% 5.0%
Gross margin 31.8% 34.1% 25.6% 32.1% — — 33.1%
Operating margin 17.4% −20.9% 11.0% −95.7% −6.4% 11.7% −1.6%
Operating margin, 3-year average 16.8% −2.6% 9.9% −47.9% −3.3% 10.9% −3.0%
Net margin 15.0% −24.0% 7.1% −90.9% −10.2% 8.8% −7.9%
Cash from operations / revenue 18.0% 7.9% 8.9% 15.8% 4.2% 14.1% 10.9%
Free-cash-flow margin 17.1% 5.8% 8.3% 11.2% 2.0% 9.8% 8.3%
Free-cash-flow margin, 3-year average 16.3% 5.0% 4.3% 9.4% 0.1% 9.0% 5.7%
Stock pay / revenue 1.3% 0.9% 0.7% 0.9% 0.6% 1.9% 1.3%
Change in share count −1.0% −3.8% −6.3% 0.0% 1.3% −0.1% −0.0%

Median of all 11 companies we cover in data processing & outsourced services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

11 data processing & outsourced services companies
Measure Company Peer median Rank
Revenue growth Growth 8.5% 6.3% 5 of 11
Change in growth rate Growth +0.3pp -1.3pp 3 of 11
Gross margin Profitability 31.8% 34.1% 5 of 6
Operating margin Profitability 17.4% 3.3% 1 of 10
Net margin Profitability 15.0% -7.9% 2 of 11
Free-cash-flow margin Cash generation 17.1% 8.3% 2 of 11
Stock pay as % of revenue Cash generation 1.3% 1.9% 5 of 10
Long-term debt as % of assets Balance sheet 36.4% 42.4% 3 of 7
Change in share count Balance sheet -1.0% 0.0% 4 of 10

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to June 30, 2026
Products and services
Line of business Revenue Share YoY
Recurring Fee Revenue $4.9B 65.2% ▲ 8.2%
Distribution Revenue $2.3B 30.1% ▲ 9.1%
Event Driven Revenue $348M 4.7% ▲ 9.0%
Geography
Region Revenue Share YoY
United States $6.4B 85.3% ▲ 7.9%
Canada $544M 7.3% ▲ 17.4%
United Kingdom $494M 6.6% ▲ 6.2%
Others $64.1M 0.9% ▲ 19.6%

From Broadridge Financial Solutions's 10-K filed August 4, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$14.8B
Institutions reporting
1,009
Shares held vs prior quarter
▼ 1.7%
Positions opened / closed
96 / 144

Top buyers and sellers, Q2 2026: 461 institutions bought and 549 sold ; the biggest buyer was Fil Ltd (+1.1M shares) and the biggest seller Alliancebernstein L.P (−1.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.5B 10.8M 10.0% ▼ 2.2%
Vanguard Capital Management LLC $1B 7.6M 7.0% ▼ 0.5%
Vanguard Portfolio Management LLC $835M 6.1M 5.7% ▼ 4.1%
State Street Corp $788M 5.7M 5.3% ▲ 3.7%
Charles Schwab Investment Management Inc $507M 3.7M 3.4% ▲ 9.6%
Geode Capital Management, LLC $452M 3.3M 3.1% ▼ 4.5%
Alliancebernstein L.P. $401M 2.5M 2.7% ▼ 33.6%
Morgan Stanley $294M 2.1M 2.0% ▲ 5.8%
Invesco Ltd. $278M 2.0M 1.9% ▲ 0.7%
Jupiter Topco LLC $262M 1.9M 1.8% —
Van Eck Associates Corp $257M 1.9M 1.7% ▲ 11.3%
Northern Trust Corp $255M 1.9M 1.7% ▲ 3.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Broadridge Financial Solutions's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $1M 1 trade by 1 insider, last 12 months Insider sales History → $4M 8 trades by 4 insiders · 0% under pre-set plans
Net ▼ $3M net selling
Insider Date Trade Shares Price Value
Carey Thomas P Corporate VP October 1, 2026 Sell 2,501 $159.76 $399,560
Jarkowski Hope M. Chief Legal Officer June 4, 2026 Sell 1,966 $155.00 $304,720
Gokey Timothy C CEO March 6, 2026 Buy 5,300 $194.49 $1M
Duelks Robert N Director February 6, 2026 Sell 253 $192.60 $48,728
Duelks Robert N Director February 6, 2026 Sell 253 $192.60 $48,728
Carey Thomas P Corporate VP December 3, 2025 Sell 5,548 $229.26 $1.3M
Carey Thomas P Corporate VP December 3, 2025 Sell 3,516 $229.26 $806,063
Carey Thomas P Corporate VP December 3, 2025 Sell 1,150 $229.26 $263,644
Perry Christopher John President November 18, 2025 Sell 3,984 $226.00 $900,384

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 25 trades and filings

In the last 12 months, 3 members of Congress disclosed 3 purchases and 2 sales of Broadridge Financial Solutions shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded June 16, 2026, filed July 2, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded May 15, 2026, filed June 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded April 14, 2026, filed May 8, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 2, 2027 estimated from the company's past filing pattern, not announced

  • November 3, 2026
  • August 4, 2026
  • April 30, 2026
  • February 3, 2026
  • November 4, 2025
  • August 5, 2025

Recent SEC filings

Data status

When each part of this page on Broadridge Financial Solutions was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Broadridge Financial Solutions in brief

What does Broadridge Financial Solutions do?
Broadridge Financial Solutions is a US-listed company in the data processing & outsourced services industry. Its financial year ends in June.
What is Broadridge Financial Solutions's stock ticker?
Broadridge Financial Solutions trades under the ticker BR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Broadridge Financial Solutions's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Broadridge Financial Solutions reported revenue of $7.5B, 8.5% higher than a year earlier, according to its SEC filings.
What is Broadridge Financial Solutions's free cash flow?
Broadridge Financial Solutions's free-cash-flow margin is 17.1% of revenue over the trailing twelve months, ranking 2 of the 11 data processing & outsourced services companies we cover.
What is Broadridge Financial Solutions's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Broadridge Financial Solutions's free cash flow after stock-based pay gives ~$220 per share in the base case, and ~$160–$300 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Broadridge Financial Solutions's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Broadridge Financial Solutions buying back stock, and does it pay a dividend?
Broadridge Financial Solutions spent $604M on share repurchases over the trailing twelve months, and its diluted share count fell 1.0% over the year.
What is Broadridge Financial Solutions's market cap?
On June 30, 2026, Broadridge Financial Solutions's market capitalisation was about $15.9B, with a price-to-earnings ratio of 14.2 and net debt of $2.9B. Market figures come from third-party market data and may be delayed.
Does Broadridge Financial Solutions pay a dividend?
Yes: Broadridge Financial Solutions paid $444M in dividends over the trailing twelve months, a dividend yield of 2.11% and a payout ratio of 39.4%.
How much debt does Broadridge Financial Solutions have?
Broadridge Financial Solutions's debt-to-equity ratio is 114.6%, from its latest balance sheet (237.8% five years earlier). The financial health section below sets out its other solvency checks.
Who are Broadridge Financial Solutions's competitors?
In our Data Processing & Outsourced Services peer group, the companies closest to Broadridge Financial Solutions are Concentrix Corp, Maximus, Inc., Alight, Inc. / Delaware, Ttec Holdings, Inc. and Taskus, Inc. The side-by-side comparison below sets their revenue, margins and growth against Broadridge Financial Solutions's.
Are insiders buying or selling Broadridge Financial Solutions stock?
Over the last 12 months, Broadridge Financial Solutions's directors and officers reported 1 open-market purchases and 8 sales on Form 4. The insider trading page charts every trade.
When is Broadridge Financial Solutions's next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Broadridge Financial Solutions announces its own schedule.