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SEI Investments SEIC Investments in New Businesses — CapEx

Discontinued — last reported Q4 '25

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Other financials

Income statement

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Revenue$622.2M+12.8%
Operating income$189.5M+20.6%
Net income$174.5M+15.2%
EPS (diluted)$1.40+19.7%

Balance sheet

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Cash & equivalents$363.1M-48.9%
Total debt$69.5M+145%
Total equity$2.5B+8.5%
Total assets$396.9M-84.5%

Cash flow

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Operating cash flow$221.6M+51.3%
CapEx$6.4M-26.0%
Free cash flow$215.2M+56.1%

Valuation

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Market cap$10.76B-2.7%
Enterprise value$10.46B+1.4%
P/E14.6×-3.8×
P/S4.5×-0.6×

Profitability

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Operating margin27.9%+0.9pp
Net margin31.2%+3.4pp
FCF margin28%-1.1pp

Returns & leverage

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Return on equity31.4%+4.7pp
Debt / equity0.0×
Current ratio4.5×-1.1×

Where this comes from

Reported directly by SEI Investments in its filing.

Tagged under the XBRL concept us-gaap:CapitalExpendituresIncurredButNotYetPaid.

The official record: SEI Investments’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SEI Investments's investments in new businesses — capex?
SEI Investments (SEIC) reported investments in new businesses — capex of $37K in Q4 2025.
How has SEI Investments's investments in new businesses — capex changed year-over-year?
SEI Investments's investments in new businesses — capex decreased by 77.6% year-over-year, from $165K to $37K.
What is the long-term trend for SEI Investments's investments in new businesses — capex?
Over 4 years (2021 to 2025), SEI Investments's investments in new businesses — capex has grown at a -6.9% compound annual growth rate (CAGR), from $924K to $695K.
What does investments in new businesses — capex mean?
The amount of money spent on physical assets to support new business operations.
How do you interpret investments in new businesses — capex?
An increase suggests scaling infrastructure for growth, while a decrease may indicate a shift toward asset-light models or reduced investment in new ventures.
How does investments in new businesses — capex compare across companies?
Standard capital expenditure (CapEx) reporting found in most corporate financial statements.