FACTSET RESEARCH SYSTEMS INC (FDS) closed fiscal year 2025 with a gross margin of 52.7 % and a net margin of 25.7 %.
FACTSET RESEARCH SYSTEMS INC (FDS) closed fiscal year 2025 with a gross margin of 52.7 % and a net margin of 25.7 %. The same year shows an EBITDA margin of 39.0 % and an EBIT margin of 32.2 %. The free cash flow margin was 26.6 %. Against the previous year the gross margin moved −1.3 pp and the net margin +1.3 pp. Across the period the gross margin ranges between 50.6 % in 2021 and 67.8 % in 2010. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: August
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 66.34 % | 67.78 % | 66.33 % | 65.81 % | 64.30 % | 61.57 % | 59.74 % | 56.76 % | 53.60 % | 51.17 % | 53.78 % | 53.45 % | 50.59 % | 52.76 % | 53.33 % | 54.07 % | 52.72 % |
| EBITDA margin (%) | 39.45 % | 40.40 % | 37.88 % | 38.07 % | 35.57 % | 36.58 % | 36.08 % | 34.40 % | 32.79 % | 31.37 % | 34.73 % | 33.28 % | 33.84 % | 30.49 % | 35.22 % | 37.52 % | 39.02 % |
| EBIT margin (%) | 33.93 % | 34.57 % | 32.81 % | 33.88 % | 31.40 % | 32.84 % | 32.97 % | 31.02 % | 28.84 % | 27.12 % | 30.52 % | 29.43 % | 29.79 % | 25.79 % | 30.17 % | 31.83 % | 32.23 % |
| Net margin (%) | 23.30 % | 23.43 % | 23.54 % | 23.43 % | 23.15 % | 22.99 % | 23.94 % | 30.06 % | 21.15 % | 19.78 % | 24.58 % | 24.96 % | 25.11 % | 21.53 % | 22.45 % | 24.38 % | 25.72 % |
| FCF margin (%) | 29.54 % | 29.69 % | 24.47 % | 25.99 % | 29.28 % | 26.87 % | 27.89 % | 25.14 % | 23.23 % | 26.08 % | 25.62 % | 28.66 % | 31.03 % | 26.42 % | 28.04 % | 27.90 % | 26.59 % |
