Loading...
•
Aug 31, 2021
FactSet Q4 2021 Earnings Report
Reported strong growth driven by investments in content and technology.
Key Takeaways
FactSet reported a strong fourth quarter with revenue increasing by 7.4% and ASV plus professional services reaching $1.7 billion. The company's investments in content and technology fueled revenue growth, and they anticipate continued growth in the coming fiscal year.
Revenue increased 7.4% to $411.9 million compared to the same period in fiscal 2020.
ASV plus professional services was $1.7 billion at August 31, 2021, compared with $1.6 billion at August 31, 2020.
Operating margin increased to 28.9% compared with 25.7% for the same period last year.
Diluted earnings per share (EPS) increased 14.8% to $2.63 compared with $2.29 for the same period in fiscal 2020.
FactSet
FactSet
FactSet Revenue by Geographic Location
Revenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
FactSet provided its annual outlook for fiscal 2022, with expectations for organic ASV plus professional services to increase in the range of $105 million to $135 million over fiscal 2021.
Positive Outlook
- Organic ASV plus professional services is expected to increase in the range of $105 million to $135 million over fiscal 2021.
- GAAP revenue is expected to be in the range of $1,705 million to $1,720 million.
- GAAP operating margin is expected to be in the range of 31% to 32%.
- Adjusted operating margin is expected to be in the range of 32.5% to 33.5%.
- FactSet's annual effective tax rate is expected to be in the range of 14.5% to 15.5%.
Challenges Ahead
- GAAP diluted EPS is expected to be in the range of $11.60 to $11.90.
- Adjusted diluted EPS is expected to be in the range of $12.00 to $12.30.
- Both GAAP operating margin and GAAP diluted EPS guidance do not include certain effects of any non-recurring benefits or charges that may arise in fiscal 2022.
- Actual results may differ materially, particularly with the ongoing uncertainty surrounding the duration, magnitude, and impact of the novel coronavirus pandemic.
- FactSet does not intend to update its forward-looking statements prior to its next quarterly results announcement.
Revenue & Expenses
Visualization of income flow from segment revenue to net income