Broadridge Financial Statements From 2010 to 2024

BR Stock  USD 204.86  1.02  0.50%   
Broadridge Financial financial statements provide useful quarterly and yearly information to potential Broadridge Financial Solutions investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Broadridge Financial financial statements helps investors assess Broadridge Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Broadridge Financial's valuation are summarized below:
Gross Profit
1.8 B
Profit Margin
0.1082
Market Capitalization
23.9 B
Enterprise Value Revenue
4.3277
Revenue
6.3 B
There are over one hundred nineteen available fundamental signals for Broadridge Financial Solutions, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to validate Broadridge Financial's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction.
Check Broadridge Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Broadridge main balance sheet or income statement drivers, such as Depreciation And Amortization of 360.8 M, Interest Expense of 163.6 M or Selling General Administrative of 1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 0.6, Price Earnings Ratio of 18.05 or Price To Sales Ratio of 1.72. Broadridge financial statements analysis is a perfect complement when working with Broadridge Financial Valuation or Volatility modules.
  
This module can also supplement Broadridge Financial's financial leverage analysis and stock options assessment as well as various Broadridge Financial Technical models . Check out the analysis of Broadridge Financial Correlation against competitors.

Broadridge Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.9 B9.5 B4.8 B
Slightly volatile
Other Current Liabilities814.8 M776 M396.1 M
Slightly volatile
Total Current Liabilities2.9 B2.8 B1.2 B
Slightly volatile
Total Stockholder Equity2.7 B2.6 B1.4 B
Slightly volatile
Other Liabilities1.4 B1.3 B574.8 M
Slightly volatile
Property Plant And Equipment Net132.7 M167.6 M137.7 M
Slightly volatile
Current Deferred Revenue241.3 M229.8 M117.9 M
Slightly volatile
Accounts Payable226.6 M180.9 M243.2 M
Slightly volatile
Cash323.5 M290.1 M312.4 M
Very volatile
Non Current Assets Total8.3 B7.9 B3.7 B
Slightly volatile
Non Currrent Assets Other509 M953.6 M601.1 M
Slightly volatile
Cash And Short Term Investments344.7 M290.1 M313.8 M
Very volatile
Net Receivables601.9 M876.6 M622.6 M
Slightly volatile
Good Will4.2 BBB
Slightly volatile
Common Stock Shares Outstanding101.5 M107.1 M120.2 M
Slightly volatile
Liabilities And Stockholders Equity9.9 B9.5 B4.8 B
Slightly volatile
Non Current Liabilities Total4.3 B4.1 B2.2 B
Slightly volatile
Other Current Assets131.4 M149.6 M180.2 M
Slightly volatile
Total Liabilities7.2 B6.9 B3.4 B
Slightly volatile
Property Plant And Equipment Gross908.3 M865 M313.3 M
Slightly volatile
Total Current Assets984.1 M1.3 B1.1 B
Slightly volatile
Intangible Assets1.8 B1.7 B693.7 M
Slightly volatile
Property Plant Equipment150.5 M167.6 M158.4 M
Slightly volatile
Short and Long Term Debt Total4.1 B3.9 B1.9 B
Slightly volatile
Retained Earnings3.8 B3.6 B1.9 B
Slightly volatile
Long Term Debt1.3 B2.6 B1.5 B
Slightly volatile
Common Stock Total Equity1.7 M1.8 M1.6 M
Slightly volatile
Common Stock1.7 M1.8 M1.6 M
Slightly volatile
Long Term Debt Total1.6 B2.6 B1.5 B
Slightly volatile
Capital Surpluse1.1 B1.7 B1.1 B
Slightly volatile
Inventory41.2 M39.2 M19.5 M
Slightly volatile
Deferred Long Term Liabilities1.3 B1.2 B430.4 M
Slightly volatile
Non Current Liabilities Other574.8 M547.4 M257.3 M
Slightly volatile
Short and Long Term Debt797.1 M1.4 B770.3 M
Slightly volatile
Long Term Investments292.1 M278.2 M121.9 M
Slightly volatile
Net Invested Capital4.3 B6.5 B3.4 B
Slightly volatile
Cash And Equivalents232.7 M227.1 M274.8 M
Very volatile
Capital Stock1.3 M1.4 M1.6 M
Slightly volatile
Capital Lease Obligations227.9 M215.5 M299.7 M
Slightly volatile
Deferred Long Term Asset Charges867.7 M843.3 M1.2 B
Slightly volatile

Broadridge Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization360.8 M343.6 M182.2 M
Slightly volatile
Selling General AdministrativeB976.4 M581.6 M
Slightly volatile
Total Revenue3.7 BBB
Slightly volatile
Gross Profit2.2 B2.1 B1.2 B
Slightly volatile
Other Operating Expenses3.1 B5.9 B3.4 B
Slightly volatile
Operating Income1.1 B1.1 B620.5 M
Slightly volatile
EBIT535.4 M1.1 B579.6 M
Slightly volatile
EBITDA1.5 B1.4 B801.1 M
Slightly volatile
Cost Of Revenue2.6 B4.9 B2.8 B
Slightly volatile
Total Operating ExpensesB976.4 M581.7 M
Slightly volatile
Income Before Tax497.1 M914.1 M529.4 M
Slightly volatile
Net Income Applicable To Common Shares761.4 M725.2 M418.5 M
Slightly volatile
Net Income761.4 M725.2 M417.5 M
Slightly volatile
Income Tax Expense142.6 M188.9 M137.9 M
Slightly volatile
Net Income From Continuing Ops404.7 M725.2 M394.2 M
Slightly volatile
Tax Provision115.2 M147.9 M144.4 M
Slightly volatile
Interest Income12.1 M7.4 M16.4 M
Slightly volatile
Reconciled Depreciation282.4 M343.6 M230.8 M
Slightly volatile

Broadridge Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation46.6 M84.1 M49.8 M
Slightly volatile
Free Cash Flow903.3 M860.3 M482.5 M
Slightly volatile
Begin Period Cash Flow310.1 M258.4 M307.5 M
Pretty Stable
Depreciation360.8 M343.6 M176.7 M
Slightly volatile
Capital Expenditures80 M86.5 M84.1 M
Pretty Stable
Total Cash From Operating Activities505.9 M946.8 M534.8 M
Slightly volatile
Net Income761.4 M725.2 M409.4 M
Slightly volatile
End Period Cash Flow323.5 M290.1 M312.4 M
Very volatile
Dividends Paid399.7 M380.6 M199.2 M
Slightly volatile
Change To Liabilities285.5 M271.9 M134 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price Earnings Ratio18.0527.8225.4294
Slightly volatile
Price To Sales Ratio1.722.892.477
Slightly volatile
Dividend Yield0.02070.01950.0182
Pretty Stable
Operating Cycle10770.864.36
Slightly volatile
Price Book Value Ratio5.347.837.6616
Slightly volatile
Days Of Payables Outstanding23.4512.0930.4442
Very volatile
Operating Cash Flow Per Share6.616.34.5473
Slightly volatile
Dividend Payout Ratio0.340.470.4413
Pretty Stable
Price To Operating Cash Flows Ratio13.1721.3118.828
Slightly volatile
Free Cash Flow Per Share6.015.723.8518
Slightly volatile
Price To Free Cash Flows Ratio16.0123.4522.6877
Slightly volatile
Pretax Profit Margin0.150.13120.1373
Very volatile
Inventory Turnover158144147
Pretty Stable
Ebt Per Ebit1.010.980.9229
Slightly volatile
Payables Turnover17.2631.2616.2322
Pretty Stable
Operating Profit Margin0.170.180.1506
Pretty Stable
Effective Tax Rate0.340.240.2883
Slightly volatile
Company Equity Multiplier2.513.313.0608
Slightly volatile
Long Term Debt To Capitalization0.350.450.4856
Pretty Stable
Cash Per Share2.041.932.5595
Very volatile
Total Debt To Capitalization0.40.540.5276
Slightly volatile
Interest Coverage7.557.9513.8457
Slightly volatile
Return On Capital Employed0.240.180.2019
Slightly volatile
Payout Ratio0.340.470.4413
Pretty Stable
Debt Equity Ratio0.841.371.1879
Slightly volatile
Ebit Per Revenue0.170.180.1506
Pretty Stable
Quick Ratio0.560.591.0804
Slightly volatile
Net Income Per E B T0.540.710.6969
Slightly volatile
Cash Ratio0.090.09470.3917
Slightly volatile
Operating Cash Flow Sales Ratio0.150.160.1419
Slightly volatile
Days Of Inventory Outstanding2.042.622.4717
Very volatile
Days Of Sales Outstanding10667.4563.2352
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.921.040.8506
Slightly volatile
Cash Flow Coverage Ratios0.530.280.3871
Slightly volatile
Price To Book Ratio5.347.837.6616
Slightly volatile
Current Ratio0.630.671.2779
Slightly volatile
Fixed Asset Turnover22.2637.4428.4125
Slightly volatile
Price Cash Flow Ratio13.1721.3118.828
Slightly volatile
Enterprise Value Multiple10.3616.5914.7233
Slightly volatile
Debt Ratio0.280.370.3836
Pretty Stable
Cash Flow To Debt Ratio0.530.280.3871
Slightly volatile
Price Sales Ratio1.722.892.477
Slightly volatile
Return On Assets0.07430.06890.0932
Slightly volatile
Receivables Turnover4.265.66.0112
Very volatile
Asset Turnover1.10.851.017
Slightly volatile
Net Profit Margin0.0750.09360.094
Pretty Stable
Gross Profit Margin0.220.270.2776
Pretty Stable
Price Fair Value5.347.837.6616
Slightly volatile
Return On Equity0.220.250.2843
Slightly volatile

Broadridge Fundamental Market Drivers

Forward Price Earnings23.4742
Cash And Short Term Investments252.3 M

Broadridge Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of August 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

About Broadridge Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Broadridge Financial income statement, its balance sheet, and the statement of cash flows. Broadridge Financial investors use historical funamental indicators, such as Broadridge Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Broadridge Financial investors may use each financial statement separately, they are all related. The changes in Broadridge Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Broadridge Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Broadridge Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Broadridge Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue229.8 M241.3 M
Total RevenueB3.7 B
Cost Of Revenue4.9 B2.6 B
Ebit Per Revenue 0.18  0.17 

Pair Trading with Broadridge Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Broadridge Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Broadridge Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Broadridge Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Broadridge Financial is a strong investment it is important to analyze Broadridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadridge Financial's future performance. For an informed investment choice regarding Broadridge Stock, refer to the following important reports:
Check out the analysis of Broadridge Financial Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Broadridge Stock analysis

When running Broadridge Financial's price analysis, check to measure Broadridge Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.
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Is Broadridge Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadridge Financial. If investors know Broadridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadridge Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.229
Dividend Share
1.45
Earnings Share
5.75
Revenue Per Share
53.656
Quarterly Revenue Growth
0.087
The market value of Broadridge Financial is measured differently than its book value, which is the value of Broadridge that is recorded on the company's balance sheet. Investors also form their own opinion of Broadridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadridge Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadridge Financial's market value can be influenced by many factors that don't directly affect Broadridge Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadridge Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.