FactSet Q4 2024 Earnings Report
Key Takeaways
FactSet's Q4 2024 results showed a 4.9% increase in GAAP revenues to $562.2 million and a 5.0% growth in organic revenues. The GAAP diluted EPS increased by 38.1% to $2.32, and the adjusted diluted EPS increased by 23.8% to $3.74. The company's open platform strategy and commitment to innovation were highlighted as key drivers.
GAAP revenues increased by 4.9% to $562.2 million compared to Q4 2023.
Organic revenues grew by 5.0% year over year to $562.8 million.
GAAP operating margin increased to 22.7%, up approximately 110 bps year over year.
GAAP diluted EPS increased by 38.1% to $2.32, and adjusted diluted EPS increased by 23.8% to $3.74.
FactSet
FactSet
FactSet Revenue by Geographic Location
Forward Guidance
FactSet provided its outlook for fiscal year 2025, expecting organic ASV growth of 4% - 6%, GAAP revenues in the range of $2,285 to $2,305 million, adjusted operating margin in the range of 36% - 37%, and adjusted diluted EPS in the range of $16.80 - $17.40.
Positive Outlook
- Organic ASV is expected to grow in the range of $90 million to $140 million during fiscal 2025.
- GAAP revenues are expected to be in the range of $2,285 million to $2,305 million.
- GAAP operating margin is expected to be in the range of 32.5% to 33.5%.
- Adjusted operating margin is expected to be in the range of 36.0% to 37.0%.
- Adjusted diluted EPS is expected to be in the range of $16.80 to $17.40.
Revenue & Expenses
Visualization of income flow from segment revenue to net income