Broadridge Financial Solutions, Inc. (BR)
Industrials · Data Processing & Outsourced Services · US stock · S&P 500 component
$186.12
▲ +7.82 (4.39%)
Fair valueFair
$210 +12.6% to fair value
$105fair band $178–$254$314
Day's range
$180.01 – $186.46
52-week range
$133.83 – $236.02
About Broadridge Financial Solutions, Inc.
Broadridge Financial Solutions provides technology and communications services to banks, brokers, asset managers and public companies. It runs investor communications such as proxy voting and regulatory mailings, and it operates trading and post-trade processing systems used across capital markets. Revenue is largely recurring, based on fees tied to processing volumes and long-term service contracts, with additional income from software licences and event-driven activity such as shareholder meetings.
The figures show revenue of $7.5 billion for the last twelve months and three-year growth of 7.2% a year. It reports an operating margin of 17.4%. Capital is used to generate a return on invested capital of 17%. Leverage, measured as net debt to EBITDA, is 2.2 times. The company pays a dividend with a yield of 2.2%. The site's X-Ray Score for the company is 64 out of 100.
Price chart
52-wk range $133.83 – $236.02Volume 778,798Daily, split-adjusted
Vitals
Market cap$21.8B
52-week range$133.83 – $236.02
Volume (last day)778,798
P/E (TTM)19.4
EBIT / EV yield5.2%
Free-cash-flow yield5.9%
Dividend yield2.2%
Revenue (TTM)$7.5B
Net income (TTM)$1.1B
Operating margin17.4%
Return on capital17.3%
Debt incl. leases$3.5B
Cash & securities$404M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$210middle half of models $199 – $228
Fair
+12.6% to fair value
Average of the 14 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Low, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $186
Undervalued < $178Fair $178 – $254Overvalued > $254
P/E multiple
$206
P/B multiple
$219
P/S multiple
$211
EV/EBITDA multiple
$196
EV/EBIT multiple
$232
EV/revenue multiple
$210
10-year DCF, EBITDA exit
$232
5-year DCF, EBITDA exit
$229
10-year DCF, revenue exit
$231
5-year DCF, revenue exit
$226
10-year DCF, growth exit
$177
5-year DCF, growth exit
$164
Dividend discount, stable
$222
Dividend discount, multi-stage · not used
$439
Earnings power value
$178
Growth the price implies
12.8%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Strong
78/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield5.2%
Free-cash-flow yield5.9%
Fair value vs price1.1×
Growth
Fair
66/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)7.2%
EPS growth (3y)21.9%
Growth consistency90%
Profitability
Fair
53/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital17.3%
Operating margin17.4%
Gross profitability26.6%
Financial health
Fair
59/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score9 / 9
Net debt / EBITDA2.2×
Interest cover11.6×
Dividends
Fair
64/100
Dividend is typical for its sector.
See the numbers →
Dividend yield2.2%
Dividends vs free cash flow37%
Dividend growth10.2%
Quarterly results: last 6 quarters
+4.9%
Mar '25
+6.2%
Jun '25
+11.7%
Sep '25
+7.8%
Dec '25
+7.8%
Mar '26
+7.5%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.2B.
SWOT analysis: Broadridge Financial Solutions, Inc.
Strengthsinside the company
- Return on invested capital is 17.3%, against a median of 14.9% for sector peers.
- Earnings per share have compounded at 21.9% a year over three years.
- Free cash flow equals 5.9% of the market value, which funds dividends, buybacks or debt paydown.
- Passes 9 of the 9 Piotroski tests, which points to improving profitability, funding and efficiency.
Weaknessesinside the company
- No clear weakness in the figures we track.
Opportunitiesvaluation and setting
- Dividends use only 37% of free cash flow, which leaves room to raise them.
- Trades at 19.4x earnings, 34% below the 29.3x median of sector peers.
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare BR with peers and sector
Medians of 80 Industrials peers and of 80 Industrials stocks in our universe.
Largest peers (X-Ray Score): CAT 43, GE 49, RTX 51, GEV 50, UNP 45, DE 43.
| Metric | BR | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 64 | 50 | 50 |
| Valuation | 78 | 44 | 44 |
| Growth | 66 | 50 | 50 |
| Profitability | 53 | 50 | 50 |
| Financial health | 59 | 49 | 49 |
| Dividends | 64 | 53 | 53 |
Sector leaders: highest X-Ray Score in Industrials
BR ranks #9 of 81 in Industrials by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for BR
Each factor is rated by where BR stands among the 81 Industrials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 8 Good · 11 Average · 3 Bad of 22
Growth: 2 · 1 · 0
Profitability: 1 · 3 · 1
Financial strength: 1 · 2 · 1
Valuation: 2 · 3 · 0
Cash flow: 1 · 2 · 1
Efficiency: 1 · 0 · 0
| Factor | BR | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +7.2% | Average beats 64% | +5.6% | – | – |
| Revenue growth, last year | +8.5% | Good beats 76% | +4.5% | +7.4% | ≈ In line |
| EPS growth, 3 years a year | +21.9% | Good beats 82% | +5.7% | – | – |
| Profitability | |||||
| Gross margin | 31.8% | Bad beats 25% | 38.0% | 29.7% | ≈ In line |
| Operating margin | 17.4% | Average beats 48% | 17.5% | 15.6% | ▲ Better |
| Net margin | 15.0% | Average beats 64% | 12.8% | 10.7% | ▲ Better |
| Return on invested capital | 17.3% | Average beats 56% | 14.9% | – | – |
| Return on equity | 39.6% | Good beats 80% | 23.7% | 31.6% | ▲ Better |
| Financial strength | |||||
| Net debt / EBITDA | 2.2x | Average beats 38% | 1.8x | 2.7x | ▲ Better |
| Interest cover | 11.6x | Bad beats 32% | 21.4x | 8.7x | ▲ Better |
| Current ratio | 1.24 | Average beats 47% | 1.25 | 1.01 | ▲ Better |
| Piotroski F-score | 9 / 9 | Good beats 96% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 19.4x | Good beats 78% | 28.9x | 31.3x | ▲ Better |
| Price / book | 7.7x | Average beats 38% | 6.2x | 8.8x | ▲ Better |
| Price / sales | 2.9x | Average beats 56% | 3.5x | 3.3x | ▲ Better |
| EV / EBITDA | 17.3x | Average beats 54% | 18.5x | 23.3x | ▲ Better |
| Free cash flow yield | 5.9% | Good beats 80% | 3.8% | 4.0% | ▲ Better |
| Cash flow | |||||
| Free cash flow margin | 17.1% | Good beats 67% | 13.8% | 15.4% | ▲ Better |
| Cash from operations / net income | 1.20 | Bad beats 30% | 1.39 | 1.31 | ≈ In line |
| Free cash flow growth, 3 years a year | +17.7% | Average beats 55% | +14.5% | – | – |
| Accruals (lower is better) | −2.5% | Average beats 40% | −3.2% | – | – |
| Efficiency | |||||
| Inventory turnover | 145.3x | Good beats 97% | 4.0x | 145.3x | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 5 Good · ● 10 Average · ● 1 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldGood
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioAverage
Net debt / EBITDAAverage
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginAverage
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 60/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $5.7B | $6.1B | $6.5B | $6.9B | $7.5B |
| Operating income | $760M | $936M | $1.0B | $1.2B | $1.3B |
| Net income | $539M | $631M | $698M | $840M | $1.1B |
| Operating cash flow | $444M | $823M | $1.1B | $1.2B | $1.3B |
| Operating margin | 13.3% | 15.4% | 15.6% | 17.3% | 17.4% |
| Free cash flow | $415M | $785M | $999M | $1.1B | $1.3B |
| Diluted EPS | $4.55 | $5.30 | $5.86 | $7.10 | $9.60 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Bullish
8 bullish · 1 neutral · 3 bearish
Monthly
Neutral
4 bullish · 1 neutral · 3 bearish
Moving averages (daily)
| SMA 10 | 173.7 | Bullish |
| EMA 10 | 175.0 | Bullish |
| SMA 20 | 167.4 | Bullish |
| EMA 20 | 171.1 | Bullish |
| SMA 50 | 170.5 | Bullish |
| EMA 50 | 167.5 | Bullish |
| SMA 100 | 159.6 | Bullish |
| EMA 100 | 165.5 | Bullish |
| SMA 200 | 165.5 | Bullish |
| EMA 200 | 172.1 | Bullish |
Oscillators (daily)
| RSI (14) | 75.41 | Bearish |
| MACD (12, 26) | 3.76 | Bullish |
| Momentum (12) | 17.31 | Bullish |
| Stochastic %K (14) | 98.91 | Bearish |
| Williams %R (14) | -1.09 | Bearish |
| CCI (20) | 178.2 | Bearish |
Pivot points (classic, last session)
S3 175.5 | S2 177.8 | S1 181.9 | Pivot 184.2 | R1 188.4 | R2 190.6 | R3 194.8 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
4.02 USD
Yield on today's price
2.16%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 1.0900 | |
| 0.9750 | |
| 0.9750 | |
| 0.9750 | |
| 0.9750 | |
| 0.8800 | |
| 0.8800 | |
| 0.8800 | |
| 0.8800 | |
| 0.8000 | |
| 0.8000 | |
| 0.8000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold BR
| ETF | Share of the fund |
|---|---|
| MOAT VanEck Morningstar Wide Moat | 2.00% |
| RSPN Invesco S&P 500 Equal Weight Industria... | 1.24% |
| DIVB iShares U.S. Dividend and Buyback | 1.17% |
| VFLO VictoryShares Free Cash Flow | 0.95% |
| SCHD Schwab U.S. Dividend Equity | 0.45% |
| FVD First Trust Value Line Dividend Index | 0.39% |
| XLI Industrial Select Sector SPDR | 0.27% |
| IYF iShares U.S. Financials | 0.27% |
The eight funds with the largest weight in BR among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
BR SEC filings
DEF 14ASEC EDGAR
Proxy statement
10-KSEC EDGAR
Annual report
8-KSEC EDGAR
Results of operations; Other events
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Entered a material agreement; Other events
8-KSEC EDGAR
Regulation FD disclosure
8-KSEC EDGAR
Entered a material agreement; Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.