What are FactSet Research Systems's profit margins?

FactSet Research Systems (FDS) runs a 51.9% gross margin and a 31.2% operating margin, with a 24.5% net margin.

Where do FactSet Research Systems's ratios come from?

Every ratio is computed from FactSet Research Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

FactSet Research Systems FDS Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25
Profitability
Gross margin	51.9%-2.2pp	52.3%-2.0pp	52.7%-1.3pp	53.3%+0.1pp	54.1%+1.1pp
Operating margin	31.2%-0.2pp	31.7%+0.2pp	32.2%+0.4pp	30.6%-1.1pp	31.4%+0.8pp
Net margin	24.5%+0.4pp	25.4%+1.2pp	25.7%+1.3pp	23.3%-0.3pp	24.1%+1.3pp
EBITDA margin	38.3%+0.7pp	38.8%+1.2pp	39%+1.5pp	37.1%0.0pp	37.6%+1.8pp
Free cash flow margin	28.4%+3.4pp	27.4%+3.4pp	26.6%-1.3pp	25.2%-3.9pp	25.1%-3.2pp
Returns
Return on equity	28.1%0.0pp	28.8%-0.3pp	29.1%-1.3pp	26.3%-2.5pp	28.1%-0.6pp
Return on assets	13.9%+0.7pp	14.5%+1.0pp	14.3%+0.9pp	12.7%0.0pp	13.2%+0.9pp
Return on invested capital	16.7%-0.4pp	17.1%-0.4pp	19.2%+0.2pp	17.7%-0.2pp	17.1%+0.9pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.5×0.0×	0.5×0.0×
Liquidity
Current ratio	1.4×0.0×	1.5×+0.1×	1.4×+0.1×	1.5×+0.2×	1.5×-0.3×
Quick ratio	1.4×0.0×	1.5×+0.1×	1.4×+0.1×	1.5×+0.2×	1.5×-0.3×
Cash ratio	0.5×-0.1×	0.6×+0.1×	0.7×0.0×	0.7×0.0×	0.6×-0.2×
Leverage
Debt-to-equity	1×+0.2×	1×+0.2×	0.7×-0.1×	0.8×-0.1×	0.8×-0.3×
Debt-to-assets	0.5×+0.1×	0.5×+0.1×	0.4×0.0×	0.4×0.0×	0.4×-0.1×
Net debt / EBITDA	1.9×+0.3×	1.9×+0.4×	1.3×-0.1×	1.5×0.0×	1.6×-0.4×
Interest coverage	13.7×+2.1×	13.5×+2.5×	13.3×+2.6×	11.8×+1.5×	11.6×+1.7×
Per Share
Book value per share	$57.45+7.6%	$57.63+11.5%	$56.96+15.0%	$56.21+14.9%	$53.41+14.6%
Valuation
Market capitalization	$8.04B-54.2%	$10.38B-44.3%	$14.11B-12.3%	$17.57B+14.0%	$17.56B-0.3%
Enterprise value	$9.82B-48.1%	$12.15B-38.9%	$15.32B-11.1%	$18.82B+13.4%	$18.93B-1.3%
Price / earnings	13.7×-18.7×	17.3×-17.3×	23.6×-6.3×	33×+2.9×	32.4×-3.6×
Price / sales	3.4×-4.4×	4.4×-4.0×	6.1×-1.2×	7.7×+0.6×	7.8×-0.4×
Price / book	3.8×-4.8×	4.8×-4.6×	6.5×-2.0×	8.2×0.0×	8.5×-1.2×
EV / EBITDA	10.7×-11.7×	13.3×-10.5×	16.9×-3.9×	22.2×+1.6×	22.3×-2.6×
EV / sales	4.1×-4.3×	5.1×-3.8×	6.6×-1.2×	8.2×+0.6×	8.4×-0.5×
Free cash flow yield	8.5%+5.3pp	6.2%+3.4pp	4.4%+0.6pp	3.3%-0.8pp	3.2%-0.2pp
Earnings yield	7.3%+4.2pp	5.8%+2.9pp	4.2%+0.9pp	3%-0.3pp	3.1%+0.3pp
Dividend yield	2%+1.1pp	1.6%+0.7pp	1.1%+0.2pp	0.9%-0.1pp	0.9%+0.1pp
PEG ratio	1.6×-1.3×	1.5×-1.3×	2.1×+0.1×	8.4×-20.5×	3×-0.9×

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Questions, answered.

What are FactSet Research Systems's profit margins?: FactSet Research Systems (FDS) runs a 51.9% gross margin and a 31.2% operating margin, with a 24.5% net margin.
Where do FactSet Research Systems's ratios come from?: Every ratio is computed from FactSet Research Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.