earnings
confidence high
sentiment positive
materiality 0.80
FactSet Q4 GAAP EPS $2.32 (+38%), adj EPS $3.74 (+24%); guides FY25; $300M buyback
FACTSET RESEARCH SYSTEMS INC
2024-FY EPS reported
$13.91
revenue$2,203,056,000
- Q4 GAAP revenue $562.2M (+4.9% YoY); GAAP diluted EPS $2.32 (+38.1%); adjusted diluted EPS $3.74 (+23.8%).
- Organic ASV+professional services $2,272.8M, up 4.8% YoY. FY2025 guidance: organic ASV growth 4-6%, revenue $2,285-$2,305M, adj EPS $16.80-$17.40.
- Board approved new $300M share repurchase authorization for FY2025; also reduced special meeting threshold from 50% to 25%.
- Q4 adjusted operating margin 35.8% (+240 bps YoY); GAAP operating margin 22.7% (+110 bps).
- Massachusetts sales tax dispute charge of $54M in Q4; total charge $64M; no additional material charges expected.