SS&C Technologies Holdings, Inc.SSNC
NasdaqGS•Technology•Software - Application
SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries in the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions consisting of claims adjudication, benefit management, care management, and business intelligence solutions. It also offers software-enabled services, such as SS&C GlobeOp, Global Investor and Distribution Solutions, SS&C Retirement Solutions, Calastone, Managed Services, Data Solutions, ALPS Advisors, and Virtual Data Rooms, as well as pharmacy, healthcare administration, and health outcomes optimization solutions. In addition, the company provides portfolio management, operations, and accounting software; trading software; intelligent automation solutions; banking and lending solutions, as well as research, analytics, risk, and training solutions. The company also provides professional services that includes consulting and implementation services consisting of initial system installation, conversion of historical data, and ongoing training and support, as well as product support services. SS&C Technologies Holdings, Inc. was founded in 1986 and is headquartered in Windsor, Connecticut.
SS&C Technologies Holdings, Inc (SSNC) reported trailing twelve months revenue of $6.41B as of March 2026, a 7.5% increase year-over-year. Quarterly revenue reached $1.65B, reflecting continued top-line momentum.
SS&C Technologies Holdings, Inc generated $810.00M in TTM net income, with quarterly EBITDA of $579.20M. The operating margin expanded from 23.6% to 24.2%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (24.2%) and net margin (13.7%) indicates moderate non-operating costs. Net margin has narrowed from 14.1% a year ago, reflecting increased costs or interest expense.
SSNC trades at a P/E of 19.9x (in line with broad market averages) and a P/S of 2.5x. The price-to-book ratio of 2.4x reflects a moderate premium to book value.
The company generated $293.70M in free cash flow over the trailing twelve months, a 13.2% increase year-over-year, indicating cash generation ability. The balance sheet shows $20.33B in total assets with $7.32B in long-term debt against $6.84B in stockholders equity for a debt-to-equity ratio of 1.1. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are stable at ~23.0%, suggesting durable pricing power and cost discipline.
ROE is positive at ~11.5% on average, adequate but below the threshold typically associated with wide moats.
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 (7 of 7 quarters up), with ~13.1% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~23.1% — no sign of cost or pricing stress.
FCF covers net income by 1.9x on average — earnings are well-supported by cash generation.
D/E ratio is 1.1 — 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