BRBroadridge Financial Solutions

$181.57

Is the business good?

How good a business is BR?

Broadridge Financial Solutions earns 17% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

17%

Return on invested capital · cost of capital 9.0% · 8.2 points above what the capital costs: growth creates value

Operating margin
17%

Operating margin · Information Technology Services median 7.9% · 12 months to Q3 2026

Cash conversion
1.20×

Cash conversion · 1.45× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−1.3%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY202014%
FY202114%
FY202213%
FY202315%
FY202416%
FY202517%
Details
Gross margin12 months to Q3 2026
31%
Operating margin12 months to Q3 2026
17%
Net margin12 months to Q3 2026
15%
Free cash flow margin
18%
Revenue, trailing twelve months
$7.32B
Free cash flow, trailing twelve months
$1.32B
Net income, trailing twelve months
$1.10B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
17%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.