BROADRIDGE FINANCIAL SOLUTIONS, INC.

10-K & 10-Q Filings

Broadridge Financial Solutions is a global financial technology company based in the United States, listed on the S&P 500 Index. The company provides investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers, public companies, investors, and mutual funds. Broadridge's business strategy focuses on extending its strong and growing governance business, driving growth in its capital markets business, building next-generation wealth and investment management businesses, and strengthening its international business. The company operates in two reportable segments: Investor Communication Solutions and Global Technology and Operations. Investor Communication Solutions includes Regulatory Solutions, Data-Driven Fund Solutions, Corporate Issuer Solutions, and Customer Communications Solutions. Regulatory Solutions handle the entire proxy materials distribution and voting process for clients. Data-Driven Fund Solutions provide data-driven solutions for asset management and retirement service provider clients. Corporate Issuer Solutions support a full range of public company functions, including annual meetings, SEC reporting, capital markets transactions, transfer agency, shareholder engagement, and ESG solutions. Customer Communications Solutions support financial services, healthcare, insurance, consumer finance, telecommunications, utilities, and other service industries with their omni-channel customer communications management strategies. Global Technology and Operations provides the non-differentiating yet mission-critical infrastructure to the global financial markets, offering capital markets, wealth and investment management firms modern technology to enable growth, simplify their technology stacks, and mutualize costs. The company's website is broadridge.com, and its ticker symbol is BR.

12 mos ending Jun 30, 201212 mos ending Jun 30, 201312 mos ending Jun 30, 201412 mos ending Jun 30, 201512 mos ending Jun 30, 201612 mos ending Jun 30, 201712 mos ending Jun 30, 201812 mos ending Jun 30, 201912 mos ending Jun 30, 202012 mos ending Jun 30, 202112 mos ending Jun 30, 202212 mos ending Jun 30, 20236 mos ending Dec 31, 20226 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$2303.50
2430.80
2558.00
2694.20
2897.00
4142.60
4329.90
4362.20
4993.70
5709.10
6060.90
2576.20
2836.00
9.19%10.08%Cost of Revenue (-)
$1789.30
1767.80
1761.40
1828.20
1975.90
3109.60
3169.60
3131.90
3570.80
4116.90
4275.50
1978.70
2132.50
8.24%7.77%Gross Profit (+)
$514.20
663.00
796.60
866.00
921.10
1033.00
1160.30
1230.30
1422.90
1592.20
1785.40
597.50
703.50
11.98%17.74%Selling, General & Administrative (-)
$299.90
323.60
376.00
396.80
420.90
501.40
565.40
577.50
744.30
832.30
849.00
402.10
430.80
9.92%7.14%Operating Expenses (-)
$299.90
323.60
376.00
396.80
420.90
501.40
565.40
577.50
744.30
832.30
849.00
402.10
430.80
9.92%7.14%Costs & Expenses (Total) (-)
$2102.60
2107.60
2137.40
2225.00
2396.80
3611.00
3735.00
3709.50
4315.00
4949.20
5124.50
2380.80
2563.20
8.44%7.66%Operating Income/Loss (+)
$200.90
323.20
395.50
438.90
500.20
531.60
594.90
652.70
678.70
759.90
936.40
195.40
272.80
15.02%39.61%Non-operating Income/Expense (+)
$-13.40
-16.20
-25.10
-30.30
-31.40
-0.80
4.70
3.70
72.70
-3.00
-6.00
-7.10
-2.60
63.38%Interest Expense (-)
$
42.70
38.60
41.80
55.20
84.70
135.50
61.00
69.70
14.26%Earnings before Tax (+)
$200.90
323.20
395.50
438.90
500.30
1019.70
1155.90
607.30
696.20
672.20
794.90
127.30
200.50
13.32%57.50%Tax Expense (-)
$75.90
111.10
132.50
151.80
161.40
161.40
133.10
125.20
148.70
133.10
164.30
19.30
39.40
7.27%104.15%Income/Loss (Continuing Operations) (+)
$125.00
212.10
263.00
287.10
338.90
326.80
427.90
482.10
462.50
547.50
539.10
630.60
108.00
161.10
15.85%49.17%Income/Loss (Discontinued Operations) (+)
$-1.40
Profit/Loss (+)
$123.60
212.10
263.00
287.10
307.50
326.80
427.90
482.10
Net Income/Loss (+)
$123.60
212.10
263.00
287.10
307.50
326.80
427.90
482.10
462.50
547.50
539.10
630.60
108.00
161.20
15.97%49.26%Net Income/Loss (Common) (+)
$123.60
212.10
263.00
287.10
307.50
326.80
427.90
482.10
462.50
547.50
539.10
630.60
108.00
161.20
15.97%49.26%EPS (Basic)
$1.00
1.74
2.20
2.39
2.60
2.77
3.66
4.16
4.73
4.62
5.36
0.92
1.37
16.49%48.91%EPS (Diluted)
$0.97
1.69
2.12
2.32
2.53
2.70
3.56
4.06
4.65
4.55
5.30
0.91
1.35
16.69%48.35%Weighted Avg Shares (Basic)
124.10
121.90
119.60
119.90
118.30
118.00
116.80
115.90
115.16
115.70
116.70
117.70
117.60
117.80
-0.48%0.17%Weighted Avg Shares (Diluted)
127.50
125.40
124.10
124.00
121.60
120.80
120.40
118.80
117.80
118.50
119.00
118.90
119.10
-0.63%0.17%Cash
$320.50
266.00
347.60
324.10
727.70
271.10
263.90
273.20
476.60
274.50
224.70
252.30
280.00
277.00
-2.15%-1.07%Receivables
$370.70
442.40
424.80
444.50
453.40
589.50
615.00
664.00
711.30
820.30
946.90
974.00
860.20
892.20
9.18%3.72%Other Assets (Current)
$86.20
98.60
108.20
92.80
108.00
129.00
112.20
105.20
140.10
166.40
156.80
166.20
142.50
194.40
6.15%36.42%Assets (Current)
$777.40
807.00
880.60
861.40
1289.10
989.60
991.10
1042.30
1328.00
1261.30
1328.40
1392.50
1282.70
1363.60
5.44%6.31%Property, Plant & Equipment (Net)
$79.00
80.90
88.30
97.30
112.20
198.10
204.10
189.00
161.60
177.20
150.90
145.70
143.30
143.20
5.72%-0.07%Goodwill & Intangibles
$923.30
899.00
986.10
1166.20
1209.60
1645.70
1749.00
2056.20
2258.30
5145.10
4562.00
4928.80
4319.40
4776.90
16.45%10.59%Other Assets
$207.90
231.30
237.10
243.20
268.90
316.40
360.50
593.10
1141.90
1536.20
2127.60
1766.20
2305.80
1716.10
21.47%-25.57%Assets (Non-current)
$1210.20
1211.20
1311.50
1506.70
1590.70
2160.20
2313.60
2838.30
3561.80
6858.50
6840.50
6840.70
6768.60
6636.20
17.05%-1.96%Assets (Total)
$1987.60
2018.20
2192.10
2368.10
2879.80
3149.80
3304.70
3880.70
4889.80
8119.80
8168.80
8233.20
8051.30
7999.80
13.79%-0.64%Accounts Payable
$102.20
143.10
116.30
115.90
133.20
167.20
191.80
711.70
829.90
1102.70
1114.90
1019.50
824.20
778.30
23.26%-5.57%Debt (Current)
$
124.90
399.90
1178.50
Other Liabilities (Current)
$308.10
326.40
368.10
393.00
434.90
577.70
585.50
90.90
111.20
185.30
198.50
199.80
194.70
192.80
-3.86%-0.98%Liabilities (Current)
$410.30
469.50
484.40
508.90
693.00
744.90
777.30
802.60
1341.00
1288.00
1313.40
2397.80
1018.90
971.20
17.41%-4.68%Debt (Non-current)
$524.40
524.50
524.10
689.40
897.60
1102.10
1053.40
1470.40
1387.60
3887.60
3793.00
2234.70
4105.40
3652.90
14.09%-11.02%Other Liabilities
$202.40
208.20
221.90
242.00
243.70
299.00
379.60
480.20
814.60
1135.10
1143.40
1360.10
1140.30
1308.10
18.91%14.72%Liabilities (Non-current)
$726.80
732.70
746.00
931.40
1141.30
1401.10
1433.00
1950.60
2202.20
5022.70
4936.40
3594.80
5245.70
4961.00
15.64%-5.43%Liabilities (Total)
$1137.10
1202.20
1230.40
1440.30
1834.30
2146.00
2210.40
2753.20
3543.20
6310.60
6249.80
5992.60
6264.70
5932.20
16.31%-5.31%Treasury Stock
$580.00
784.10
834.80
1040.40
1116.90
1398.90
1630.80
1999.80
2035.70
2030.90
2024.80
2026.10
2017.20
2176.60
12.04%7.90%Retained Earnings
$686.10
811.30
973.90
1132.00
1297.80
1469.40
1727.00
2087.70
2302.60
2583.80
2824.00
3113.00
2761.30
3085.90
14.74%11.76%AOCI
$3.50
4.20
10.30
-20.90
-38.20
-55.80
-51.90
-71.20
-100.40
9.20
-226.30
-284.70
-361.00
-350.00
3.05%Shareholder's Equity
$850.50
816.00
961.70
927.80
1045.50
1003.80
1094.30
1127.50
1346.50
1809.10
1919.10
2240.60
1786.60
2067.60
9.21%15.73%Liabilities & Equity
$1987.60
2018.20
2192.10
2368.10
2879.80
3149.80
3304.70
3880.70
4889.80
8119.80
8168.80
8233.20
8051.30
7999.80
13.79%-0.64%Net Income/Loss
$123.60
212.10
263.00
287.10
307.50
326.80
427.90
482.10
462.50
547.50
539.10
630.60
108.00
161.20
15.97%49.26%Depreciation & Amortization
$51.00
47.60
69.40
49.30
52.60
68.60
82.10
85.20
73.80
67.40
82.40
84.40
152.00
59.10
4.69%-61.12%Increase/Decrease in Working Capital
$14.50
82.60
-24.40
-32.50
-7.90
-24.60
-29.00
142.50
256.90
285.80
700.40
226.40
405.70
247.40
28.38%-39.02%Share-based Compensation
$28.30
27.10
38.60
43.10
46.10
55.10
58.40
60.80
58.60
68.40
73.10
9.01%Adjustments to Reconcile Net Income
$165.60
58.80
124.70
144.30
130.20
189.00
265.60
134.80
135.70
92.50
-95.70
196.00
-189.40
-33.40
1.54%82.37%Net Cash (Operating)
$290.60
270.90
387.70
431.40
437.70
515.90
693.60
617.00
598.20
640.10
443.50
823.30
-81.40
127.80
9.93%257.00%Capital Expenditure
$119.10
50.90
150.30
268.90
128.50
658.40
246.20
427.30
437.80
2686.30
86.40
75.20
33.10
36.40
-4.09%9.97%Net Cash (Investing)
$-110.50
-52.00
-150.30
-276.40
-136.90
-659.30
-249.30
-433.50
-441.70
-2653.70
-110.40
-80.40
-35.10
-36.40
-3.70%Increase/Decrease in Debt
$
-0.50
165.00
332.90
85.00
-50.00
415.70
329.10
2094.30
-95.50
-385.00
310.00
240.00
-22.58%Increase/Decrease in Equity
$-54.50
-238.50
-134.00
-303.60
-123.40
-282.60
-225.10
-366.70
-27.50
13.80
37.40
18.80
29.70
-116.70
-492.93%Interest Expenses
$13.80
13.50
17.10
24.10
26.70
43.10
40.50
43.40
58.50
56.00
82.30
136.60
59.70
70.00
23.17%17.25%Dividends Paid
$78.10
85.80
96.70
122.30
138.20
152.20
165.80
211.20
241.00
261.70
290.70
331.00
160.30
179.70
14.03%12.10%Net Cash (Financing)
$-88.70
-273.20
-158.90
-316.60
217.10
-311.70
-449.90
-173.10
51.20
1797.80
-370.80
-714.70
176.90
-66.20
-137.42%Cash Taxes Paid
$71.10
118.60
150.30
111.50
122.40
113.40
177.60
119.50
100.90
98.00
77.40
180.20
47.60
142.40
8.82%199.16%Effect of Exchange Rate
$-6.00
-0.20
3.10
-20.20
-5.70
-1.60
-1.60
-1.10
-4.30
13.80
-12.20
-0.60
-5.00
-0.40
92.00%Increase/Decrease in Cash
$79.00
-54.50
81.60
-23.50
403.70
-456.70
-7.20
9.20
203.40
-202.10
-49.90
27.60
55.30
24.70
-9.12%-55.33%Cash (Beginning)
$241.50
320.50
266.00
347.60
324.10
727.70
271.10
263.90
273.20
476.60
274.50
224.70
224.70
252.30
-0.65%12.28%Cash (Ending)
$320.50
266.00
347.60
324.10
727.70
271.10
263.90
273.20
476.60
274.50
224.70
252.30
280.00
277.00
-2.15%-1.07%NOPAT
$129.80
204.60
245.20
327.40
377.82
472.48
503.50
524.27
583.16
672.40
724.12
122.34
79.05
16.91%-35.38%Gross Margin %
22.32%
27.27%
31.14%
32.14%
31.79%
24.94%
26.80%
28.20%
28.49%
27.89%
29.46%
23.19%
24.81%
Operating Margin %
8.72%
13.30%
15.46%
16.29%
17.27%
12.83%
13.74%
14.96%
13.59%
13.31%
15.45%
7.58%
9.62%
NOPAT Margin %
5.63%
8.42%
9.59%
12.15%
13.04%
11.41%
11.63%
12.02%
11.68%
11.78%
11.95%
4.75%
2.79%
Net Margin %
5.37%
8.73%
10.28%
10.66%
10.61%
7.89%
9.88%
11.05%
10.96%
9.44%
10.40%
4.19%
5.68%
Tax Rate %
35.39%
36.70%
38.00%
25.40%
24.47%
11.12%
15.36%
19.68%
14.08%
11.51%
22.67%
37.39%
71.02%
ROA
6.53%
10.14%
11.19%
13.83%
13.12%
15.00%
15.24%
13.51%
7.18%
8.23%
8.80%
1.52%
0.99%
ROE
15.26%
25.07%
25.50%
35.29%
36.14%
47.07%
46.01%
46.50%
32.23%
35.04%
32.32%
6.85%
3.82%
ROIC
9.64%
15.05%
16.86%
19.66%
22.04%
21.01%
21.45%
21.62%
11.17%
14.40%
13.98%
2.63%
1.52%
Asset Turnover
1.16
1.20
1.17
1.14
1.01
1.32
1.31
1.12
0.62
0.70
0.74
0.32
0.35
Equity Multiplier
2.34
2.47
2.28
2.55
2.75
3.14
3.02
3.44
3.63
4.49
4.26
3.67
4.51
3.87
Current Ratio
1.89
1.72
1.82
1.69
1.86
1.33
1.28
1.30
0.99
0.98
1.01
0.58
1.26
1.40
Quick Ratio
1.68
1.51
1.59
1.51
1.70
1.16
1.13
1.17
0.89
0.85
0.89
0.51
1.12
1.20
Debt/Equity Ratio
0.62
0.64
0.54
0.74
0.98
1.10
0.96
1.30
1.33
2.15
1.98
1.52
2.30
1.77
Interest Coverage Ratio
14.56
23.94
23.13
18.21
18.73
12.33
14.69
15.04
12.12
9.23
6.86
3.27
3.90
Working Capital/Sales
0.15
0.16
0.15
0.15
0.14
0.10
0.09
0.04
-0.02
-0.01
0.02
0.08
0.10
Dividend Payout Ratio %
60.17%
41.94%
39.44%
37.35%
36.58%
32.21%
32.93%
40.28%
44.88%
43.23%
45.71%
131.03%
227.32%
Total Payout
$146.40
337.80
248.30
285.00
-44.60
392.90
481.40
205.60
-2.10
-1790.40
431.10
833.80
-119.70
126.40
17.13%205.60%Payout Ratio %
112.79%
165.10%
101.26%
87.05%
-11.80%
83.16%
95.61%
39.22%
-307.02%
64.11%
115.15%
-97.85%
159.90%