BR
Broadridge Financial Solutions, Inc.
BR's fundamentals are mixed, but it looks cheap: trading at 21x earnings, below its usual 34x. Analysts expect earnings growth.
BR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
BR's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
BR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 18x | $191 | — |
| Current | 21x | $191 | — |
| Cheap | 30x | $266 | +39% |
| Fair | 34x | $308 | +61% |
| Expensive | 37x | $333 | +74% |
Historical ranges are pointers, not guarantees.
BR's PE is in its cheap range at 21x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
BR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BR, with profitability improving.
BR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.65 | +18% |
| Q3 2026 | $9.03 | +15% |
| Q2 2026 | $9.60 | +35% |
| Q1 2026 | $9.35 | +41% |
| Q4 2025 | $9.04 | +41% |
| Q3 2025 | $7.82 | +35% |
| Q2 2025 | $7.10 | +21% |
| Q1 2025 | $6.65 | +13% |
| Q4 2024 | $6.39 | +11% |
BR's earnings per share have climbed steadily: $9.03 over the past year, up 15% from the year before, and higher year over year for 14 quarters in a row.
BR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +5% |
| Q2 2026 | $2.2B | +7.5% |
| Q1 2026 | $2B | +7.8% |
| Q4 2025 | $1.7B | +7.8% |
| Q3 2025 | $1.6B | +12% |
| Q2 2025 | $2.1B | +6.2% |
| Q1 2025 | $1.8B | +4.9% |
| Q4 2024 | $1.6B | +13% |
BR's revenue has grown year over year for eight quarters in a row: $1.7B last quarter, up 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -1.5 points |
| Q2 2026 | 25% | +0.5 points |
| Q1 2026 | 18% | -0.6 points |
| Q4 2025 | 12% | -1.2 points |
| Q3 2025 | 12% | +2.4 points |
| Q2 2025 | 24% | +1.4 points |
| Q1 2025 | 19% | +1.5 points |
| Q4 2024 | 13% | +4.4 points |
BR's operating margin was 10% last quarter, down 1.5 points from the same quarter a year ago.
BR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $77.9M | +187% |
| Q2 2026 | $645.3M | -5.7% |
| Q1 2026 | $287.5M | -18% |
| Q4 2025 | $318.5M | +40% |
| Q3 2025 | $27.1M | +$160.5M |
| Q2 2025 | $684.1M | -2.7% |
| Q1 2025 | $348.9M | +89% |
| Q4 2024 | $227.9M | +28% |
BR generated $1.3B in free cash flow over the past year, up 3.2% from the year before.
BR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.4% | -2.8M shares |
| 1 year | -3.1% | -3.7M shares |
| 3 years | -4.1% | -4.9M shares |
| 5 years | -3.4% | -4M shares |
| Available history | -2.5% | -2.9M shares |
BR has 114M diluted shares, down 3.1% from a year ago, with $653M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $200.2M |
| Q2 2026 | $250.8M |
| Q1 2026 | $200.4M |
| Q4 2025 | $2M |
| Q3 2025 | $150.5M |
| Q2 2025 | $130.7M |
| Q1 2025 | $300,000 |
| Q4 2024 | $3.6M |
BR spent $653M buying back its own shares over the past year, up 129% from the year before.
BR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2026 | 2.0x | Healthy |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.8x | Moderate |
BR's net debt is about 2.1 years of its operating earnings (EBITDA), about the same as a year ago.
BR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.4 | Neutral |
| Stochastic | 85.0 | Overbought |
BR's weekly RSI is 62 (neutral) and its Stochastic is 85 (overbought).
BR PE vs Technology Sector
| Metric | BR | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 24% below |
| PE % | 11 | 35 | 24 pts below |
BR is trading at 21x earnings, a 24% discount to the Technology sector's median of 28x.
BR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $175.7 | 9% above |
| 20 week MA | $167.8 | 14% above |
| 50 week MA | $174.4 | 9.8% above |
| 100 week MA | $206.0 | 7.1% below |
| 200 week MA | $196.4 | 2.5% below |
BR has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 2.5% below its 200-week average.
BR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $123.2 | $150.0 | +22% |
| 2021 | $150.0 | $180.3 | +20% |
| 2022 | $180.3 | $134.5 | -25% |
| 2023 | $134.5 | $205.8 | +53% |
| 2024 | $205.8 | $226.4 | +10% |
| 2025 | $226.4 | $228.2 | +0.8% |
| 2026 YTD | $228.2 | $191.5 | -16% |
BR has finished higher in five of the last six years. It's down 16% so far in 2026.