Broadridge Financial Solutions, Inc.BR
NYSE•Technology•Information Technology Services
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry in the United States and internationally. The company's Investor Communication Solutions segment handles the proxy materials distribution and voting processes for bank, broker-dealer, corporate issuer, and fund clients; and provides fund manager and a range of other regulatory communication solutions. The segment also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund and exchange-traded funds trade processing services; data and analytics solutions; annual SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. The Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearing and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth and investment management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.
Broadridge Financial Solutions, (BR) reported trailing twelve months revenue of $7.32B as of March 2026, a 8.2% increase year-over-year. Quarterly revenue reached $1.95B, reflecting continued top-line momentum.
Broadridge Financial Solutions, generated $1.10B in TTM net income, with quarterly EBITDA of $359.50M. The operating margin contracted from 19.0% to 18.4%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (18.4%) and net margin (14.1%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 13.4% a year ago, signaling stronger bottom-line efficiency.
BR trades at a P/E of 17.3x (in line with broad market averages) and a P/S of 2.6x. The price-to-book ratio of 6.7x indicates a significant premium over book value.
The company generated $287.50M in free cash flow over the trailing twelve months, a 17.6% decrease year-over-year, indicating cash generation ability. The balance sheet shows $8.78B in total assets with $2.73B in long-term debt against $2.82B in stockholders equity for a debt-to-equity ratio of 1.0. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~16.4%, suggesting durable pricing power and cost discipline.
Consistently high ROE averaging 34.2% suggests a durable competitive advantage and efficient capital allocation.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (6 of 7 quarters up), with ~12.5% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~16.6% — no sign of cost or pricing stress.
FCF covers net income by 1.0x on average — earnings are well-supported by cash generation.
D/E ratio is 1.0 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation