Broadridge Financial Solutions, Inc. (BR) — Fundamental Analysis & Key Financial Ratios

Kaplio's reading: Broadridge Financial Solutions, Inc.

Updated on November 3, 2026 · accounts published on August 4, 2026

A steady, profitable business that keeps raising its dividend and beating estimates

Broadridge Financial Solutions trades at a P/E of 20.0 over the last 12 months, 39 % below its ten-year median of 33.0.

• Is Broadridge Financial Solutions expensive or cheap? Its P/E has been lower only 2 % of the time over the last decade, and it sits 37 % below the sector median.
• How is the business doing? The fiscal 2026 operating margin reached 17 %, above its 15 % average for 2015-2026, as EPS grew 35 % on revenue up 8.5 %.
• How strong is the balance sheet? Net debt is 1.9× EBITDA in fiscal 2026, just under the 2.0× tolerated for IT services, with at least 18 years of dividend raises.
• What to expect from the next earnings? Results are due November 3, 2026; analysts expect EPS of $1.37 for the quarter, after beats in each of the last 8 quarters.
• Does it grow with real cash or by diluting shareholders? Stock-based pay is just 1.3 % of fiscal 2026 revenue, but free cash flow is 17 % of revenue, short of the 20 % tech benchmark.

Is Broadridge Financial Solutions expensive or cheap?

Over the last 12 months Broadridge Financial Solutions trades at a P/E of 20.0. That is 39 % below its ten-year median of 33.0 and close to the decade low of 17.3. The sector median P/E is 31.5 across 317 companies, so the stock is also cheap against its peers. EV/EBITDA of 13.1× is below its five-year average of 16.8×, under the 90 % line that counts as cheap in technology. A free cash flow yield of 7.7 % supports the earnings. The market has punished the stock: it is down 15 % in 12 months and 19 % below its 52-week high of $232.02.

How is the business doing?

Revenue grew 8.5 % in the last fiscal year and EPS grew 35.2 %, so profits are rising much faster than sales. The fiscal 2026 operating margin of 17.4 % is above the 2015-2026 average of 15.2 %, which points to better efficiency. Returns are solid. ROIC of 13.4 % over the last 12 months is 5.2 points above the sector median of 8.2 %. It has stayed above 10 % in 8 of the last 10 fiscal years, with 7.8 % in 2021 as the low. Leverage boosts ROE to 40.3 %, with debt at 1.24 times equity.

How strong is the balance sheet?

Debt is the part to watch. Net debt stood at $25.92 per share in fiscal 2026, about 14 % of the current price. At 1.9× EBITDA, it leaves little room under the 2.0× ceiling for IT services. Debt to equity and the current ratio are both 1.24 over the last 12 months. The risk scores are reassuring: an Altman Z of 3.6 is in the safe zone and the Piotroski score is 8 of 9. The dividend yields 2.2 % and has risen every year since at least 2007. It takes 39 % of fiscal 2026 earnings, which leaves room to keep raising it.

What to expect from the next earnings?

Broadridge Financial Solutions reports on November 3, 2026, and analysts expect EPS of $1.37 for the quarter. The track record sets a high bar: it has beaten EPS estimates in each of the last 8 quarters. Most recently, on August 4, 2026, it reported $3.82 against $3.76 expected, a 1.6 % beat. Expectations are stable. The 2027 EPS consensus held at $10.56 over the last 31 days and the revenue forecast barely moved. Of 24 analysts, 15 recommend buying, 9 recommend holding and none recommend selling. A miss would break a long streak.

Does it grow with real cash or by diluting shareholders?

In technology, generic ratios miss what matters most: growth, pricing power and dilution from stock-based pay. On dilution Broadridge Financial Solutions is clean, with stock compensation at 1.3 % of fiscal 2026 revenue against a 10 % healthy ceiling. Cash generation is weaker: free cash flow equals 17.1 % of revenue, below the 20 % that marks a healthy tech business. Revenue per share grew 7.7 % a year over fiscal 2023-2026, about half the 15 % bar, and ROIC of 13.4 % falls short of 15 %. A gross margin of 31.8 % barely clears the 30 % line for IT services. This is a steady services business, not a fast grower.

How this was prepared: the data comes from companies' official filings, collected by a professional provider, and from Kaplio's analysis engine (trailing-12-month ratios, 10 years of history and sector medians computed across US-listed companies). The text is written from that data alone, every figure is checked against it before publication, and it is reviewed when the company reports results. This is not investment advice.