Jack Henry & Associates Inc key statistics and ratios

In fiscal 2026, Jack Henry & Associates Inc had return on equity of 24.0% and a net margin of 19.8%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

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

Jack Henry & Associates Inc: financial ratios, annual
Fiscal year	2010Jun 2010	2011Jun 2011	2012Jun 2012	2013Jun 2013	2014Jun 2014	2015Jun 2015	2016Jun 2016	2017Jun 2017	2018Jun 2018	2019Jun 2019	2020Jun 2020	2021Jun 2021	2022Jun 2022	2023Jun 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026
Net margin	14.1%	14.2%	14.9%	15.1%	15.9%	16.8%	18.4%	16.0%	23.8%	17.5%	17.5%	17.7%	18.7%	17.6%	17.2%	19.2%	19.8%
Return on equity	15.7%	16.9%	16.7%	17.2%	18.8%	21.6%	25.0%	21.9%	30.1%	19.8%	19.9%	21.7%	26.9%	24.5%	22.1%	22.9%	24.0%
Return on assets	7.6%	9.0%	9.7%	10.2%	11.1%	12.0%	13.6%	12.3%	18.5%	12.9%	12.9%	13.1%	15.1%	14.0%	13.4%	15.3%	16.2%
Effective tax rate	34.8%	33.8%	33.0%	31.6%	35.1%	33.3%	31.0%	32.7%	−2.5%	21.7%	22.1%	21.7%	23.2%	22.7%	23.3%	22.2%	23.0%
R&D as % of revenue	6.1%	6.6%	6.0%	5.7%	5.7%	5.7%	6.0%	5.9%	5.9%	6.2%	6.5%	6.2%	6.2%	6.9%	6.7%	6.9%	6.9%
SG&A as % of revenue	—	—	—	—	—	—	11.6%	11.1%	11.2%	12.0%	11.7%	10.6%	11.2%	11.3%	12.6%	11.9%	11.8%
Dividends ÷ net income	25.8%	25.0%	25.1%	28.8%	38.2%	36.2%	33.8%	39.9%	28.8%	43.7%	43.0%	43.0%	38.3%	40.2%	40.8%	36.1%	33.9%

US$ thousands unless shown otherwise. Fiscal quarters.

Jack Henry & Associates Inc: financial ratios, quarterly
Quarter	2025 Q1Sept 2024	2025 Q2Dec 2024	2025 Q3Mar 2025	2025 Q4Jun 2025	2026 Q1Sept 2025	2026 Q2Dec 2025	2026 Q3Mar 2026	2026 Q4Jun 2026
Net margin	19.8%	17.1%	19.0%	20.7%	22.3%	20.1%	19.3%	17.3%
R&D as % of revenue	6.6%	7.2%	6.7%	6.9%	6.1%	6.8%	7.1%	7.7%
SG&A as % of revenue	11.1%	13.4%	11.3%	11.9%	11.3%	10.8%	11.3%	13.5%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

5 of 6 checks passed · June 30, 2026

What it owns · $3.1bn

Short-term assets $649mLonger-term assets $2.5bn

What it owes, and who funded it · $3.1bn

Short-term liabilities $556mLonger-term liabilities $538mShareholders' equity $2.1bn

Short-term assets cover short-term liabilities $649m of assets due within a year against $556m of liabilities due within a year.
Short-term assets cover long-term liabilities $649m short-term assets against $538m of longer-dated liabilities.
More cash than debt $12m of cash against $40m of debt.
Debt below 40% of shareholders' equity Debt is 2% of equity.
Debt burden no higher than five years ago Debt to equity moved from 19% to 2% over five years.
A year's operating cash flow covers at least 20% of debt $762m of operating cash flow against $40m of debt.
Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Jack Henry & Associates Inc'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.

Moat

85 /100

Strong moat

How hard Jack Henry & Associates'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 20 / 20

Cash operating profit has been a median 23.1% of total assets over 6 years.
Pricing power 15 / 20

Gross margin has been a median 41.6%, moving by 1.4 percentage points (standard deviation) across 10 years.
Durability 17 / 20

Operating margin has been a median 23.2%; its worst year was 22.1%.
Cash conversion 20 / 20

Free cash flow was positive in 10 of 10 years, at a median 24.3% of revenue.
Discipline 18 / 20

The diluted share count fell 4.8% over five years; stock-based pay has been a median 1.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (90 before it).

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

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Figures from Jack Henry & Associates Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Jack Henry & Associates Inc.