Broadridge Financial Solutions (BR)
Market Price (8/25/2026): $185.45 | Market Cap: $21.3 BilInvestor Relations Sector: Industrials | Industry: Data Processing & Outsourced Services
Broadridge Financial Solutions (BR)
Market Price (8/25/2026): $185.45Market Cap: $21.3 BilSector: IndustrialsIndustry: Data Processing & Outsourced Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.1%, FCF Yield is 5.8% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% Stock buyback supportStock Buyback 3Y Total is 1.2 Bil Low stock price volatilityVol 12M is 28% Megatrend and thematic driversMegatrends include Fintech & Digital Payments, Crypto & Blockchain, and Automation & Robotics. Themes include Wealth Management Technology, Show more. | Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -66% | Key risksBR key risks include [1] high client concentration, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.1%, FCF Yield is 5.8% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% |
| Stock buyback supportStock Buyback 3Y Total is 1.2 Bil |
| Low stock price volatilityVol 12M is 28% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, Crypto & Blockchain, and Automation & Robotics. Themes include Wealth Management Technology, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -66% |
| Key risksBR key risks include [1] high client concentration, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/20/2026
Broadridge Financial Solutions (BR) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Broadridge Financial Solutions reported stronger-than-expected financial results for its fiscal Q4 2026, which ended June 30, 2026.
The company announced an adjusted EPS of $3.82, surpassing the consensus estimate of $3.76 by $0.06, or 1.87%. Additionally, total revenues reached $2.22 billion, a 7.5% year-over-year increase, exceeding analysts' expectations of $2.17 billion. This positive earnings surprise on August 4, 2026, fueled investor confidence.
2. The company demonstrated robust recurring revenue growth and provided an optimistic outlook for fiscal year 2027.
Broadridge's recurring revenues grew 8% on both a reported and constant currency basis in fiscal Q4 2026, reaching $1.542 billion. For the full fiscal year 2026, recurring revenues also increased by 8% on a constant currency basis. Furthermore, Broadridge issued fiscal year 2027 guidance projecting 6-8% recurring revenue growth (constant currency) and 8-12% Adjusted EPS growth, which includes an anticipated $25 million in AI-driven productivity gains.
Show more
Broadridge Financial Solutions (BR) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Broadridge Financial Solutions reported stronger-than-expected financial results for its fiscal Q4 2026, which ended June 30, 2026.
The company announced an adjusted EPS of $3.82, surpassing the consensus estimate of $3.76 by $0.06, or 1.87%. Additionally, total revenues reached $2.22 billion, a 7.5% year-over-year increase, exceeding analysts' expectations of $2.17 billion. This positive earnings surprise on August 4, 2026, fueled investor confidence.
2. The company demonstrated robust recurring revenue growth and provided an optimistic outlook for fiscal year 2027.
Broadridge's recurring revenues grew 8% on both a reported and constant currency basis in fiscal Q4 2026, reaching $1.542 billion. For the full fiscal year 2026, recurring revenues also increased by 8% on a constant currency basis. Furthermore, Broadridge issued fiscal year 2027 guidance projecting 6-8% recurring revenue growth (constant currency) and 8-12% Adjusted EPS growth, which includes an anticipated $25 million in AI-driven productivity gains.
Show more
Updated on 8/20/2026
Broadridge Financial Solutions (BR) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Broadridge Financial Solutions reported stronger-than-expected financial results for its fiscal Q4 2026, which ended June 30, 2026.
The company announced an adjusted EPS of $3.82, surpassing the consensus estimate of $3.76 by $0.06, or 1.87%. Additionally, total revenues reached $2.22 billion, a 7.5% year-over-year increase, exceeding analysts' expectations of $2.17 billion. This positive earnings surprise on August 4, 2026, fueled investor confidence.
2. The company demonstrated robust recurring revenue growth and provided an optimistic outlook for fiscal year 2027.
Broadridge's recurring revenues grew 8% on both a reported and constant currency basis in fiscal Q4 2026, reaching $1.542 billion. For the full fiscal year 2026, recurring revenues also increased by 8% on a constant currency basis. Furthermore, Broadridge issued fiscal year 2027 guidance projecting 6-8% recurring revenue growth (constant currency) and 8-12% Adjusted EPS growth, which includes an anticipated $25 million in AI-driven productivity gains.
3. Broadridge enhanced shareholder returns through a significant dividend increase and substantial share repurchases.
The company raised its annual dividend by 12% to $4.36 per share, marking its 20th consecutive annual dividend increase. In fiscal year 2026, Broadridge repurchased a record $600 million in shares, with $250 million of that occurring in fiscal Q4 2026, demonstrating a strong commitment to returning capital to shareholders.
4. Analyst sentiment remained positive, with several firms maintaining or upgrading ratings and price targets post-earnings.
Following the earnings release, Royal Bank of Canada increased its price objective for Broadridge from $200.00 to $225.00 and reiterated an "outperform" rating on August 5, 2026. D.A. Davidson maintained a "Buy" rating with a $214 price target, and Needham reiterated a "Buy" rating with a $230 price target on the same day. Broadridge holds a consensus "Buy" rating from analysts.
Show less
Broadridge Financial Solutions (BR) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Broadridge Financial Solutions reported stronger-than-expected financial results for its fiscal Q4 2026, which ended June 30, 2026.
The company announced an adjusted EPS of $3.82, surpassing the consensus estimate of $3.76 by $0.06, or 1.87%. Additionally, total revenues reached $2.22 billion, a 7.5% year-over-year increase, exceeding analysts' expectations of $2.17 billion. This positive earnings surprise on August 4, 2026, fueled investor confidence.
2. The company demonstrated robust recurring revenue growth and provided an optimistic outlook for fiscal year 2027.
Broadridge's recurring revenues grew 8% on both a reported and constant currency basis in fiscal Q4 2026, reaching $1.542 billion. For the full fiscal year 2026, recurring revenues also increased by 8% on a constant currency basis. Furthermore, Broadridge issued fiscal year 2027 guidance projecting 6-8% recurring revenue growth (constant currency) and 8-12% Adjusted EPS growth, which includes an anticipated $25 million in AI-driven productivity gains.
3. Broadridge enhanced shareholder returns through a significant dividend increase and substantial share repurchases.
The company raised its annual dividend by 12% to $4.36 per share, marking its 20th consecutive annual dividend increase. In fiscal year 2026, Broadridge repurchased a record $600 million in shares, with $250 million of that occurring in fiscal Q4 2026, demonstrating a strong commitment to returning capital to shareholders.
4. Analyst sentiment remained positive, with several firms maintaining or upgrading ratings and price targets post-earnings.
Following the earnings release, Royal Bank of Canada increased its price objective for Broadridge from $200.00 to $225.00 and reiterated an "outperform" rating on August 5, 2026. D.A. Davidson maintained a "Buy" rating with a $214 price target, and Needham reiterated a "Buy" rating with a $230 price target on the same day. Broadridge holds a consensus "Buy" rating from analysts.
Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The 21.3% change in BR stock from 4/30/2026 to 8/24/2026 was primarily driven by a 17.5% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 152.94 | 185.45 | 21.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7,322 | 7,477 | 2.1% |
| Net Income Margin (%) | 15.0% | 15.0% | 0.1% |
| P/E Multiple | 16.2 | 19.0 | 17.5% |
| Shares Outstanding (Mil) | 116 | 115 | 1.0% |
| Cumulative Contribution | 21.3% |
Market Drivers
4/30/2026 to 8/24/2026| Return | Correlation | |
|---|---|---|
| BR | 21.3% | |
| Market (SPY) | 6.2% | 3.3% |
| Sector (XLI) | 2.5% | -7.8% |
Fundamental Drivers
The -4.8% change in BR stock from 1/31/2026 to 8/24/2026 was primarily driven by a -22.9% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 194.71 | 185.45 | -4.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7,056 | 7,477 | 6.0% |
| Net Income Margin (%) | 13.1% | 15.0% | 14.7% |
| P/E Multiple | 24.6 | 19.0 | -22.9% |
| Shares Outstanding (Mil) | 117 | 115 | 1.7% |
| Cumulative Contribution | -4.8% |
Market Drivers
1/31/2026 to 8/24/2026| Return | Correlation | |
|---|---|---|
| BR | -4.8% | |
| Market (SPY) | 10.6% | -0.5% |
| Sector (XLI) | 8.5% | -16.0% |
Fundamental Drivers
The -23.5% change in BR stock from 7/31/2025 to 8/24/2026 was primarily driven by a -47.3% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 242.52 | 185.45 | -23.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,768 | 7,477 | 10.5% |
| Net Income Margin (%) | 11.7% | 15.0% | 29.1% |
| P/E Multiple | 36.0 | 19.0 | -47.3% |
| Shares Outstanding (Mil) | 117 | 115 | 1.8% |
| Cumulative Contribution | -23.5% |
Market Drivers
7/31/2025 to 8/24/2026| Return | Correlation | |
|---|---|---|
| BR | -23.5% | |
| Market (SPY) | 21.8% | 5.1% |
| Sector (XLI) | 19.0% | -5.5% |
Fundamental Drivers
The 16.4% change in BR stock from 7/31/2023 to 8/24/2026 was primarily driven by a 61.2% change in the company's Net Income Margin (%).| (LTM values as of) | 7312023 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 159.37 | 185.45 | 16.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,945 | 7,477 | 25.8% |
| Net Income Margin (%) | 9.3% | 15.0% | 61.2% |
| P/E Multiple | 33.8 | 19.0 | -43.9% |
| Shares Outstanding (Mil) | 118 | 115 | 2.3% |
| Cumulative Contribution | 16.4% |
Market Drivers
7/31/2023 to 8/24/2026| Return | Correlation | |
|---|---|---|
| BR | 16.4% | |
| Market (SPY) | 72.7% | 34.6% |
| Sector (XLI) | 68.9% | 31.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BR Return | 21% | -25% | 56% | 12% | 0% | -17% | 31% |
| Peers Return | 42% | -22% | 25% | 24% | -26% | -11% | 12% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| BR Win Rate | 67% | 42% | 67% | 42% | 67% | 25% | |
| Peers Win Rate | 62% | 45% | 60% | 55% | 48% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| BR Max Drawdown | -11% | -27% | -12% | -8% | -18% | -39% | |
| Peers Max Drawdown | -21% | -38% | -23% | -14% | -42% | -35% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SSNC, FISV, FIS, DFIN, FDS. See BR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/24/2026 (YTD)
How Low Can It Go
| Event | BR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -25.6% | -24.5% |
| % Gain to Breakeven | 34.4% | 32.4% |
| Time to Breakeven | 56 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.0% | -33.7% |
| % Gain to Breakeven | 45.0% | 50.9% |
| Time to Breakeven | 70 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.9% | -19.2% |
| % Gain to Breakeven | 40.6% | 23.8% |
| Time to Breakeven | 165 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -12.7% | -3.7% |
| % Gain to Breakeven | 14.5% | 3.9% |
| Time to Breakeven | 99 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -11.5% | -12.2% |
| % Gain to Breakeven | 13.0% | 13.9% |
| Time to Breakeven | 40 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -18.9% | -17.9% |
| % Gain to Breakeven | 23.3% | 21.8% |
| Time to Breakeven | 107 days | 123 days |
In The Past
Broadridge Financial Solutions's stock fell -8.7% during the 2025 US Tariff Shock. Such a loss loss requires a 9.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | BR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -25.6% | -24.5% |
| % Gain to Breakeven | 34.4% | 32.4% |
| Time to Breakeven | 56 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.0% | -33.7% |
| % Gain to Breakeven | 45.0% | 50.9% |
| Time to Breakeven | 70 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.9% | -19.2% |
| % Gain to Breakeven | 40.6% | 23.8% |
| Time to Breakeven | 165 days | 105 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -20.7% | -15.4% |
| % Gain to Breakeven | 26.1% | 18.2% |
| Time to Breakeven | 225 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -57.2% | -53.4% |
| % Gain to Breakeven | 133.4% | 114.4% |
| Time to Breakeven | 351 days | 1085 days |
In The Past
Broadridge Financial Solutions's stock fell -8.7% during the 2025 US Tariff Shock. Such a loss loss requires a 9.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Broadridge Financial Solutions (BR)
Broadridge Financial Solutions (BR) is a leading provider of critical investor communication and technology solutions for the global financial services industry. The company essentially acts as a vital back-office and communications partner, helping financial institutions, public companies, and wealth management firms manage complex operational processes, engage with investors, and comply with regulatory requirements. They streamline workflows and ensure efficient information exchange across the financial ecosystem.
One core segment is Investor Communication Solutions, where Broadridge specializes in processing and distributing essential investor materials. This includes proxy statements for shareholder voting, regulatory reports, corporate action information, and tax documents. They also offer platforms like ProxyEdge and the Broadridge Communications Cloud to help clients manage, compose, and deliver various customer communications across multiple channels, alongside providing data and analytics services. Their primary customers in this area are public corporations, mutual funds, and other entities that need to communicate effectively and compliantly with their investors.
Their other significant segment, Global Technology and Operations, provides a broad suite of technology and business process outsourcing solutions. These offerings cover crucial back-office functions such as portfolio management, order capture and execution, trade confirmation, clearance and settlement, asset servicing, reconciliations, securities financing, and comprehensive compliance and regulatory reporting. This segment primarily serves capital markets firms (like broker-dealers) and wealth management firms, enabling them to enhance operational efficiency, reduce costs, and meet stringent regulatory demands.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Broadridge Financial Solutions (BR):
- It's like Fiserv for the investment and capital markets industry, providing the critical technology and processing behind brokerages, asset managers, and complex financial transactions.
- It's like ADP for corporate shareholder services, handling the essential and highly regulated communications, proxy voting, and record-keeping between public companies and their millions of investors.
AI Analysis | Feedback
- Proxy Services: Processes and distributes proxy materials to investors and facilitates related vote processing.
- Regulatory and Corporate Action Distribution: Distributes regulatory reports, class action, corporate action/reorganization event information, and tax reporting solutions.
- Content Management and Multi-Channel Distribution: Provides content management, composition, and omni-channel distribution for regulatory, marketing, and transactional information.
- Mutual Fund Trade Processing: Offers services for the processing of mutual fund trades.
- Data and Analytics Solutions: Provides data and analytics capabilities for financial services clients.
- SEC Disclosure and Filing Services: Assists companies with SEC disclosure and filing requirements.
- Registrar and Transfer Agent Services: Offers registrar, stock transfer, and record-keeping services.
- Capital Markets and Wealth Management Technology Solutions: Provides technology tools for portfolio management, trading, post-trade processing, compliance, and operational workflows.
- Business Process Outsourcing (BPO): Delivers outsourcing services for various financial industry operations.
- Broadridge Communications Cloud: A platform that creates, delivers, and manages customer communications and engagement activities.
AI Analysis | Feedback
Broadridge Financial Solutions (BR) sells primarily to other companies within the financial services industry, rather than directly to individuals. Based on the company description, its major customer categories include:
- Broker-dealers, Investment Banks, and Wealth Management Firms: These firms utilize Broadridge's solutions for desktop productivity, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, asset servicing, reconciliations, securities financing and collateral optimization, compliance, regulatory reporting, and wealth management.
- Asset Managers and Mutual Funds: Broadridge provides these customers with services related to investor communications (e.g., proxy materials, regulatory reports), mutual fund trade processing, and solutions for their general operations and reporting.
- Public Corporations (Issuers): Publicly traded companies rely on Broadridge for the processing and distribution of proxy materials, regulatory reports, corporate action information, tax reporting solutions, SEC disclosure and filing services, and registrar, stock transfer, and record-keeping services.
AI Analysis | Feedback
null
AI Analysis | Feedback
Tim Gokey, Chief Executive Officer
Tim Gokey joined Broadridge in 2010 and was appointed Chief Executive Officer in 2019, after serving as President and Chief Operating Officer. Prior to his time at Broadridge, he was the President of the Retail Tax business at H&R Block from 2004 to 2009. Earlier in his career, he spent 13 years at McKinsey & Company, where he led their North American Financial Services Sales and Marketing Practice. Mr. Gokey is a Rhodes Scholar and holds degrees from Princeton University and a doctorate in Finance from Oxford University. He also serves on the Board of C.H. Robinson Worldwide, Inc.
Ashima Ghei, Chief Financial Officer
Ashima Ghei was appointed Chief Financial Officer of Broadridge, effective December 2024, after serving as Interim CFO since July 2024. She joined Broadridge in January 2022 as CFO of the company's Investor Communications Solutions (ICS) segment. Before joining Broadridge, Ms. Ghei had an 18-year career at American Express, where she held various leadership roles, including Head of Merchant Pricing for the Americas. She holds an undergraduate degree in Economics from Delhi University and an MBA from the Indian Institute of Management Calcutta.
Chris Perry, President
Chris Perry serves as the President of Broadridge, leading global business lines and major client partnerships. He joined Broadridge in 2014.
Thomas Carey, Corporate Vice President, President of Global Technology and Operations
Thomas Carey is the Corporate Vice President and President of Global Technology and Operations at Broadridge, where he oversees platforms, infrastructure, and service delivery worldwide.
Tyler Derr, Chief Technology and Product Officer
Tyler Derr runs technology on a global basis for divisions in Broadridge’s Global Technology and Operations business. He was the first to assume the Chief Technology Officer role when he joined Broadridge in 2012 and has also served as Chief Administrative Officer. Prior to joining Broadridge, Mr. Derr worked in private equity for various holding partners and was the CTO for the global tax business of H&R Block.
AI Analysis | Feedback
The key risks to Broadridge Financial Solutions (BR) include the rapid pace of technological disruption, particularly from decentralized finance (DeFi) protocols and tokenization, significant client concentration, and the ongoing threat of cybersecurity breaches.
- Technological Disruption and Fintech Competition: Broadridge faces an "existential threat" from the rise of decentralized finance (DeFi) protocols and the tokenization of financial markets, which could disintermediate its traditional intermediary role in post-trade processing. The company is also under sustained pressure from agile, cloud-native fintech competitors with lower overhead, necessitating continuous investment in innovation to maintain its market position. While Broadridge is developing its own Distributed Ledger Repo (DLR) platform and integrating digital assets, the ultimate success of these initiatives and its role in a tokenized market remain uncertain.
- Client Concentration Risk: A substantial portion of Broadridge's revenue is derived from a limited number of clients. For instance, its top 20 clients account for approximately 60% of its total revenue, and the largest single client contributed around 7% of consolidated revenues in fiscal year 2025. This reliance makes Broadridge vulnerable to industry downturns, the potential deterioration of these key client relationships, or client attrition, which could materially impact its financial performance.
- Cybersecurity Risks: As a critical infrastructure provider that processes and manages sensitive financial data for a vast number of financial institutions globally, Broadridge is a high-value target for cybersecurity threats. A material security breach or a major cyberattack could significantly undermine client trust, lead to substantial financial losses, and severely damage the company's reputation, which is paramount in the financial services industry.
AI Analysis | Feedback
The widespread adoption of blockchain and distributed ledger technologies (DLT) in financial markets presents an emerging threat. As these technologies mature, they have the potential to fundamentally reshape financial infrastructure by enabling direct, peer-to-peer, and immutable record-keeping and transaction processing. This could potentially disintermediate traditional intermediaries and service providers in areas where Broadridge operates, such as proxy voting, corporate actions, clearance, settlement, and reference data management.
AI Analysis | Feedback
Broadridge Financial Solutions Addressable Markets
Broadridge Financial Solutions (BR) operates across several significant addressable markets within the financial services industry. Their main products and services fall into categories such as investor communications, capital markets technology, wealth management solutions, regulatory reporting, and financial business process outsourcing (BPO).
Investor Communications
- Investor Relations Software: The global investor relations software market size was valued at approximately USD 755 million in 2025 and is anticipated to reach USD 1.33 billion by 2032.
- Corporate Communications Services: The global corporate communications services market was valued at USD 264.485 billion in 2021 and is projected to reach USD 1,131.05 billion by 2033. North America holds a commanding 33.95% of the global market.
Technology and Operations Solutions
- Capital Markets Technology: Global capital markets technology spending totaled US$163 billion in 2023 and is expected to reach US$244 billion by 2028. The global capital markets technology solutions market was valued at USD 126.52 billion in 2024 and is projected to reach USD 223.35 billion by 2032. North America accounted for approximately 42% of the global market share in 2024.
- Wealth Management Technology: The global wealth management software market size was estimated at USD 6.28 billion in 2025 and is projected to reach USD 18.77 billion by 2033. Another estimate for the global wealth management software market size is USD 10.49 billion in 2026, expanding to USD 32.81 billion by 2035. North America dominated the global wealth management software market in 2025.
- Financial Business Process Outsourcing (BPO): The global BFSI BPO services market size was valued at USD 118.94 billion in 2024 and is expected to reach USD 269.63 billion by 2033. North America is the most significant shareholder in this market. More specifically, the global finance and accounting business process outsourcing market size was estimated at USD 60.31 billion in 2023 and is projected to reach USD 110.74 billion by 2030.
- Regulatory Reporting Solutions: The global regulatory reporting solutions market size was USD 7.58 billion in 2025 and is projected to grow to USD 12.97 billion in 2030. The global regulatory reporting and compliance market was valued at USD 3.95 billion in 2024 and is poised to grow to USD 9.17 billion by 2033. North America was the largest region in the regulatory reporting solutions market in 2025.
- FinTech (Overall Financial Technology): The global fintech market was valued at USD 394.88 billion in 2025 and is projected to be worth USD 1,760.18 billion by 2034. North America dominated the global fintech market in 2025.
- Securities Exchanges: The global securities exchange market size was valued at USD 79.68 billion in 2025 and is projected to grow to USD 136.40 billion by 2034. The U.S. market in 2026 is estimated at around USD 26.77 billion, representing approximately 31.5% of global revenues.
AI Analysis | Feedback
Broadridge Financial Solutions (BR) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Consistent Recurring Revenue Growth: Broadridge anticipates sustained growth in its recurring revenue streams, with guidance set at the higher end of a 5% to 7% constant currency range for fiscal year 2026. This growth is supported by robust sales, an increase in equity positions, and expansion within managed accounts.
- Advancements in Digital Assets and Tokenization: The company is actively investing in and observing significant momentum from its ventures into digital assets and tokenization. Broadridge considers this a crucial growth area within capital markets and plans to integrate tokenized and digital assets into its proxy capabilities by the end of the current fiscal year, extending these to other servicing functions and digital wallets.
- Modernization of Wealth Management Platforms: A key part of Broadridge's strategy involves modernizing wealth management platforms. The company has seen substantial growth in wealth management recurring revenues, attributed to both organic expansion and strategic acquisitions.
- Strategic Acquisitions and Partnerships: Broadridge has a proven track record of leveraging strategic acquisitions, such as Kyndryl's Securities Industry Services business, Signal, iJoin, and Acolin, to enhance its service offerings, expand its market presence, and contribute to overall revenue growth.
- Expansion of Global Technology and Operations (GTO) Solutions: The Global Technology and Operations segment is expected to contribute to revenue growth through increased demand for front and back-office solutions in capital markets, driven by higher trading volumes. The anticipated shift to 23x5 equity trading in late 2026 is also projected to generate additional demand for Broadridge's solutions in this area.
AI Analysis | Feedback
Share Repurchases
- Broadridge's Board of Directors authorized a $70 million share repurchase program on October 28, 2021, with an additional $70 million authorized on October 25, 2022.
- The company repurchased $100 million of its shares in fiscal year 2025. Annual share buybacks also amounted to $485.4 million in 2024 and $134.9 million in 2025.
- As of September 27, 2025, $22.8 million remained available for share repurchases under the existing program.
Outbound Investments
- In March 2021, Broadridge acquired Itiviti for $2.53 billion.
- Broadridge acquired Alpha Omega, a FIX-based post-trade solutions provider, in August 2021, building on the Itiviti acquisition.
- More recently, Broadridge completed the acquisition of Acolin, a European cross-border fund distribution and regulatory services provider, in January 2026 (announced July 2025), and iJoin, a retirement plan technology provider, in September 2025.
Capital Expenditures
- Broadridge's capital expenditures were $100.7 million in 2021, $73.1 million in 2022, and $75.2 million in 2023.
- Capital expenditures are primarily directed towards maintaining existing assets and expanding to new property, plant, and equipment.
- The company is funding key initiatives related to tokenization, shareholder engagement, and digital communications.
Peer Outperformance in Data Processing & Outsourced Services
BR has outperformed 80% of its 5 Data Processing & Outsourced Services peers over 5Y. Data Processing & Outsourced Services ranks 18th of 23 industries in Industrials by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Data Processing & Outsourced Services constituents that BR has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
60%
of 5 industry peers · -27.8% return
3Y
60%
of 5 industry peers · 6.4% return
5Y
80%
of 5 industry peers · 18.4% return
No Data Processing & Outsourced Services peer with a comparable growth profile has beaten BR by more than 20pp over 5Y.
Median price return by industry across the Industrials sector, ranked by 5Y. Data Processing & Outsourced Services is BR's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 18.6% | 119.5% | 200.2% | CDNL 3072% · FIX 2084% · STRL 2083% |
| Marine Transportation | 4 | 55.4% | 58.5% | 147.6% | MATX 207% · KEX 152% · SFL 143% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 11.7% | 64.9% | 118.6% | CAT 312% · ALSN 277% · WAB 250% |
| Aerospace & Defense | 55 | 7.7% | 62.2% | 79.9% | ATI 1067% · FTAI 893% · DFNS 883% |
| Passenger Ground Transportation | 3 | -5.5% | 73.0% | 69.4% | UBER 91% · CAR 69% · LYFT -64% |
| Industrial Machinery & Supplies & Components | 71 | 10.0% | 54.7% | 54.5% | CRS 1403% · PSIX 808% · GHM 697% |
| Rail Transportation | 7 | 36.1% | 73.7% | 50.1% | FSTR 112% · CSX 65% · UNP 57% |
| Cargo Ground Transportation | 16 | 33.6% | 11.6% | 44.3% | XPO 256% · R 249% · CVLG 219% |
| Trading Companies & Distributors | 18 | 1.2% | 36.5% | 33.9% | DXPE 521% · AIT 300% · URI 221% |
| Diversified Support Services | 34 | 8.3% | 34.2% | 33.0% | LIME 4698% · WLFC 362% · TH 356% |
| Electrical Components & Equipment | 41 | 23.2% | 48.8% | 24.4% | POWL 2312% · BE 859% · VRT 826% |
| Building Products | 33 | -10.1% | 14.7% | 24.0% | LMB 421% · GFF 413% · PPIH 278% |
| Industrial Conglomerates | 17 | 15.4% | 24.7% | 5.1% | RCMT 741% · CSW 151% · TTI 136% |
| Environmental & Facilities Services | 28 | -8.1% | 17.8% | 3.3% | CECO 854% · ADUR 623% · GEO 318% |
| Office Services & Supplies | 10 | 13.0% | 23.5% | 3.2% | TILE 180% · PBI 165% · EBF 58% |
| Research & Consulting Services | 13 | -7.6% | -18.4% | -1.9% | HURN 224% · CRAI 95% · GRNQ 26% |
| Agricultural & Farm Machinery | 17 | -3.2% | -3.1% | -16.4% | BLBD 185% · DE 84% · GENC 66% |
| Data Processing & Outsourced Services ← | 6 | -29.8% | -8.9% | -24.1% | EXLS 57% · BR 18% · G -22% |
| Passenger Airlines | 11 | 5.4% | -2.7% | -27.9% | LTM 2383% · UAL 139% · SKYW 112% |
| Human Resource & Employment Services | 21 | 8.7% | -19.1% | -34.5% | BBSI 89% · ADP 52% · KFY 34% |
| Air Freight & Logistics | 12 | -13.9% | -23.2% | -39.0% | CHRW 78% · FDX 70% · EXPD 60% |
| Security & Alarm Services | 10 | -37.3% | -15.9% | -41.9% | CIX 114% · MG 97% · BCO 53% |
| Airport Services | 3 | -70.1% | -69.9% | -57.0% | JOBY -35% · ASLE -57% · UP -100% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 68.25 |
| Mkt Cap | 20.6 |
| Rev LTM | 7,021 |
| Op Inc LTM | 1,425 |
| FCF LTM | 1,368 |
| FCF 3Y Avg | 1,147 |
| CFO LTM | 1,581 |
| CFO 3Y Avg | 1,342 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.5% |
| Rev Chg 3Y Avg | 6.5% |
| Rev Chg Q | 7.3% |
| QoQ Delta Rev Chg LTM | 1.9% |
| Op Inc Chg LTM | 10.6% |
| Op Inc Chg 3Y Avg | 8.8% |
| Op Mgn LTM | 20.8% |
| Op Mgn 3Y Avg | 21.1% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 26.9% |
| CFO/Rev 3Y Avg | 26.7% |
| FCF/Rev LTM | 19.2% |
| FCF/Rev 3Y Avg | 20.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 20.6 |
| P/S | 2.3 |
| P/Op Inc | 11.7 |
| P/EBIT | 13.4 |
| P/E | 19.1 |
| P/CFO | 9.1 |
| Total Yield | 7.0% |
| Dividend Yield | 1.4% |
| FCF Yield 3Y Avg | 7.3% |
| D/E | 0.3 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 8.4% |
| 3M Rtn | 22.8% |
| 6M Rtn | 3.9% |
| 12M Rtn | -23.2% |
| 3Y Rtn | -8.6% |
| 1M Excs Rtn | 5.2% |
| 3M Excs Rtn | 20.4% |
| 6M Excs Rtn | -8.1% |
| 12M Excs Rtn | -42.7% |
| 3Y Excs Rtn | -84.2% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Investor Communication Solutions | 5,113 | 4,858 | 4,536 | 4,257 | 3,820 |
| Global Technology and Operations | 1,776 | 1,649 | 1,525 | 1,452 | 1,174 |
| Corporate and Other | 0 | 0 | 0 | 0 | 0 |
| Total | 6,889 | 6,507 | 6,061 | 5,709 | 4,994 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Global Technology and Operations | 5,125 | 5,314 | 5,149 | 5,162 | 1,734 |
| Investor Communication Solutions | 2,522 | 2,433 | 2,505 | 2,518 | 2,484 |
| Corporate and Other | 595 | 486 | 514 | 440 | 671 |
| Total | 8,242 | 8,233 | 8,169 | 8,120 | 4,890 |
Price Behavior
Price Behavior
| Market Price | $185.45 | |
| Market Cap ($ Bil) | 21.6 | |
| First Trading Date | 02/23/2007 | |
| Distance from 52W High | -27.8% | |
| 50 Days | 200 Days | |
| DMA Price | $153.68 | $177.45 |
| DMA Trend | down | up |
| Distance from DMA | 20.7% | 4.5% |
| 3M | 1YR | |
| Volatility | 35.4% | 28.5% |
| Downside Capture | -46.66 | 42.49 |
| Upside Capture | 58.32 | -4.24 |
| Correlation (SPY) | 9.7% | 5.4% |
BR Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.94 | -0.18 | -0.27 | -0.18 | 0.01 | 0.51 |
| Up Beta | -3.34 | -1.54 | -1.48 | -0.98 | -0.52 | 0.45 |
| Down Beta | 0.75 | 1.46 | 1.27 | 0.60 | 0.37 | 0.66 |
| Up Capture | 11% | -36% | -36% | -27% | -13% | 15% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 15 | 24 | 35 | 67 | 120 | 385 |
| Down Capture | -186% | -47% | -64% | 14% | 45% | 78% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 7 | 19 | 28 | 59 | 132 | 366 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BR | |
|---|---|---|---|---|
| BR | -27.5% | 28.5% | -1.13 | - |
| Sector ETF (XLI) | 20.1% | 17.1% | 0.90 | -6.2% |
| Equity (SPY) | 21.2% | 12.9% | 1.23 | 5.4% |
| Gold (GLD) | 39.0% | 28.8% | 1.14 | -11.6% |
| Commodities (DBC) | 40.9% | 20.2% | 1.58 | -11.1% |
| Real Estate (VNQ) | 13.9% | 13.8% | 0.70 | 17.0% |
| Bitcoin (BTCUSD) | -30.4% | 44.2% | -0.69 | 0.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BR | |
|---|---|---|---|---|
| BR | 2.7% | 24.4% | 0.08 | - |
| Sector ETF (XLI) | 12.8% | 17.6% | 0.56 | 46.5% |
| Equity (SPY) | 12.8% | 17.2% | 0.57 | 51.8% |
| Gold (GLD) | 20.6% | 18.6% | 0.90 | 2.9% |
| Commodities (DBC) | 10.2% | 19.6% | 0.41 | 3.7% |
| Real Estate (VNQ) | 2.4% | 18.9% | 0.02 | 51.6% |
| Bitcoin (BTCUSD) | 11.2% | 52.8% | 0.40 | 19.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BR | |
|---|---|---|---|---|
| BR | 12.4% | 24.3% | 0.49 | - |
| Sector ETF (XLI) | 13.7% | 20.0% | 0.60 | 53.7% |
| Equity (SPY) | 15.1% | 17.9% | 0.72 | 59.5% |
| Gold (GLD) | 12.9% | 16.3% | 0.65 | 3.0% |
| Commodities (DBC) | 7.8% | 18.1% | 0.35 | 13.8% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 50.5% |
| Bitcoin (BTCUSD) | 63.1% | 66.2% | 1.03 | 12.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/4/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/30/2026 | -4.2% | -4.9% | -4.4% |
| 2/3/2026 | -6.2% | -8.7% | -4.8% |
| 11/4/2025 | 0.8% | 0.9% | 4.4% |
| 8/5/2025 | 6.8% | 6.0% | 0.5% |
| 5/1/2025 | -5.9% | -2.6% | 0.2% |
| 1/31/2025 | -0.4% | 0.4% | 2.4% |
| 11/5/2024 | 4.1% | 7.9% | 11.1% |
| 8/6/2024 | 4.8% | 1.3% | 1.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 12 | 13 |
| # Negative | 11 | 12 | 11 |
| Median Positive | 4.1% | 3.9% | 2.0% |
| Median Negative | -4.2% | -3.4% | -2.9% |
| Max Positive | 7.9% | 10.0% | 14.6% |
| Max Negative | -7.9% | -8.8% | -6.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/30/2026 | -4.2% | -4.9% | -4.4% |
| 2/3/2026 | -6.2% | -8.7% | -4.8% |
| 11/4/2025 | 0.8% | 0.9% | 4.4% |
| 8/5/2025 | 6.8% | 6.0% | 0.5% |
| 5/1/2025 | -5.9% | -2.6% | 0.2% |
| 1/31/2025 | -0.4% | 0.4% | 2.4% |
| 11/5/2024 | 4.1% | 7.9% | 11.1% |
| 8/6/2024 | 4.8% | 1.3% | 1.6% |
| 5/8/2024 | -5.4% | -0.7% | -1.8% |
| 2/1/2024 | -1.3% | -2.9% | -0.2% |
| 11/2/2023 | 4.9% | 4.3% | 14.6% |
| 8/8/2023 | 6.4% | 10.0% | 11.5% |
| 5/2/2023 | 6.3% | 5.8% | 1.8% |
| 2/2/2023 | -0.1% | -4.3% | -6.0% |
| 11/2/2022 | -7.9% | -8.8% | 0.2% |
| 8/12/2022 | 7.9% | 4.4% | 2.0% |
| 5/3/2022 | 2.2% | -3.9% | 1.0% |
| 2/1/2022 | -3.7% | -7.1% | -6.9% |
| 11/3/2021 | -5.0% | -0.3% | -3.0% |
| 8/12/2021 | 0.5% | 0.9% | -1.3% |
| 5/4/2021 | 1.8% | 3.5% | -0.9% |
| 2/2/2021 | 0.3% | -2.0% | -2.9% |
| 12/10/2020 | -1.4% | -0.6% | 4.9% |
| 8/11/2020 | 4.0% | 1.1% | -0.2% |
| SUMMARY STATS | |||
| # Positive | 13 | 12 | 13 |
| # Negative | 11 | 12 | 11 |
| Median Positive | 4.1% | 3.9% | 2.0% |
| Median Negative | -4.2% | -3.4% | -2.9% |
| Max Positive | 7.9% | 10.0% | 14.6% |
| Max Negative | -7.9% | -8.8% | -6.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/04/2026 | 10-K |
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/03/2026 | 10-Q |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-K |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-K |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/01/2024 | 10-Q |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-K |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/02/2023 | 10-Q |
| 09/30/2022 | 11/02/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/04/2026 | 10-K |
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/03/2026 | 10-Q |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-K |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-K |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/01/2024 | 10-Q |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-K |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/02/2023 | 10-Q |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-K |
| 03/31/2022 | 05/03/2022 | 10-Q |
| 12/31/2021 | 02/01/2022 | 10-Q |
| 09/30/2021 | 11/03/2021 | 10-Q |
| 06/30/2021 | 08/12/2021 | 10-K |
| 03/31/2021 | 05/04/2021 | 10-Q |
| 12/31/2020 | 02/02/2021 | 10-Q |
| 09/30/2020 | 10/30/2020 | 10-Q |
| 06/30/2020 | 08/11/2020 | 10-K |
| 03/31/2020 | 05/08/2020 | 10-Q |
| 12/31/2019 | 01/31/2020 | 10-Q |
| 09/30/2019 | 11/06/2019 | 10-Q |
Recent Forward Guidance
Updated 7/9/2026Latest: Q3 2026 Earnings Reported 4/30/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Recurring revenue growth constant currency | 7.0% | 1.0% | Raised | Guidance: 6.0% for 2026 | |||
| 2026 Adjusted Operating income margin | 20.0% | 20.5% | 0.0% | Affirmed | Guidance: 20.5% for 2026 | ||
| 2026 Adjusted Earnings per share growth | 10.0% | 11.0% | 0.5% | Raised | Guidance: 10.5% for 2026 | ||
| 2026 Closed sales | 240.00 Mil | 265.00 Mil | -14.5% | Lowered | Guidance: 310.00 Mil for 2026 | ||
Prior: Q2 2026 Earnings Reported 2/3/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Recurring Revenue Growth Constant Currency | 5.0% | 6.0% | 7.0% | 0.0% | Affirmed | Guidance: 6.0% for 2026 | |
| 2026 Adjusted Operating Income Margin | 20.0% | 20.5% | 21.0% | 0.0% | Affirmed | Guidance: 20.5% for 2026 | |
| 2026 Adjusted EPS Growth | 9.0% | 10.5% | 12.0% | 0.5% | Raised | Guidance: 10.0% for 2026 | |
| 2026 Closed Sales | 290.00 Mil | 310.00 Mil | 330.00 Mil | 0.0% | Affirmed | Guidance: 310.00 Mil for 2026 | |
Q1 2026 Earnings Reported 11/4/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Recurring Revenue Growth | 5.0% | 6.0% | 7.0% | 0.0% | Affirmed | Guidance: 6.0% for 2026 | |
| 2026 Adjusted EPS Growth | 8.0% | 10.0% | 12.0% | 0.0% | Affirmed | Guidance: 10.0% for 2026 | |
| 2026 Closed Sales | 290.00 Mil | 310.00 Mil | 330.00 Mil | 0.0% | Affirmed | Guidance: 310.00 Mil for 2026 | |
| 2026 Adjusted Operating Income Margin | 20.0% | 20.5% | 21.0% | 0.0% | Affirmed | Guidance: 20.5% for 2026 | |
Insider Activity
Updated 8/14/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Jarkowski, Hope M | Chief Legal Officer | Direct | Sell | 6052026 | 155.00 | 1,966 | 304,720 | 194 | Form |
| 2 | Gokey, Timothy C | CEO | Direct | Buy | 3092026 | 194.49 | 5,300 | 1,030,794 | 27,787,887 | Form |
| 3 | Duelks, Robert N | Direct | Sell | 2062026 | 192.60 | 253 | 48,728 | 4,008,969 | Form | |
| 4 | Carey, Thomas P | Corporate VP | Direct | Sell | 12042025 | 229.26 | 10,214 | 2,341,618 | 1,381,495 | Form |
| 5 | Perry, Christopher John | President | Direct | Sell | 11182025 | 226.00 | 3,984 | 900,384 | 10,131,246 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Jarkowski, Hope M | Chief Legal Officer | Direct | Sell | 6052026 | 155.00 | 1,966 | 304,720 | 194 | Form |
| 2 | Gokey, Timothy C | CEO | Direct | Buy | 3092026 | 194.49 | 5,300 | 1,030,794 | 27,787,887 | Form |
| 3 | Duelks, Robert N | Direct | Sell | 2062026 | 192.60 | 253 | 48,728 | 4,008,969 | Form | |
| 4 | Carey, Thomas P | Corporate VP | Direct | Sell | 12042025 | 229.26 | 10,214 | 2,341,618 | 1,381,495 | Form |
| 5 | Perry, Christopher John | President | Direct | Sell | 11182025 | 226.00 | 3,984 | 900,384 | 10,131,246 | Form |
| 6 | Gokey, Timothy C | CEO | Direct | Sell | 8262025 | 258.37 | 5,674 | 1,466,010 | 37,021,025 | Form |
| 7 | Gokey, Timothy C | CEO | Direct | Sell | 8182025 | 260.87 | 5,675 | 1,480,428 | 38,858,688 | Form |
| 8 | Gokey, Timothy C | CEO | Direct | Sell | 8152025 | 259.29 | 11,000 | 2,852,158 | 40,094,608 | Form |
| 9 | Gokey, Timothy C | CEO | Direct | Sell | 8152025 | 259.53 | 84,571 | 21,948,678 | 42,986,933 | Form |
| 10 | Gokey, Timothy C | CEO | Direct | Sell | 8152025 | 262.46 | 39,251 | 10,301,629 | 39,466,445 | Form |
| 11 | Perry, Christopher John | President | Direct | Sell | 8122025 | 262.72 | 7,036 | 1,848,494 | 12,823,996 | Form |
Investor Activity (13F)
Updated Aug 25, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Data Processing & Outsourced Services Resources |
| Outsourcing Insight |
| Nearshore Americas |
| CIO |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.
Core Cache Last Updated: 8/24/2026