SSNC
SS&C Technologies Holdings, Inc.
SSNC's fundamentals are strong: it turned 27% of its revenue into free cash flow and revenue grew 8.7%. At 23x earnings, it's trading below its usual 26x. Analysts expect earnings growth.
SSNC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Stable |
SSNC's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
SSNC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $79.37 | — |
| Cheap | 22x | $75.76 | -4.5% |
| Current | 23x | $79.37 | — |
| Fair | 26x | $88.73 | +12% |
| Expensive | 30x | $103 | +30% |
Historical ranges are pointers, not guarantees.
SSNC's PE is in its cheap range at 23x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.
SSNC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SSNC, with profitability improving.
SSNC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.66 | +121% |
| Q3 2026 | $3.47 | +3% |
| Q2 2026 | $3.47 | +8.8% |
| Q1 2026 | $3.22 | 0% |
| Q4 2025 | $3.15 | +5% |
| Q3 2025 | $3.37 | +20% |
| Q2 2025 | $3.19 | +16% |
| Q1 2025 | $3.22 | +28% |
| Q4 2024 | $3.00 | +26% |
SSNC earned $3.47 per share over the past year, up 3% from the year before.
SSNC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +7.8% |
| Q2 2026 | $1.7B | +10% |
| Q1 2026 | $1.6B | +8.8% |
| Q4 2025 | $1.7B | +8.1% |
| Q3 2025 | $1.6B | +7% |
| Q2 2025 | $1.5B | +5.9% |
| Q1 2025 | $1.5B | +5.5% |
| Q4 2024 | $1.5B | +8.4% |
SSNC's revenue has grown year over year for 23 quarters in a row: $1.7B last quarter, up 7.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +0.9 points |
| Q2 2026 | 25% | +2.2 points |
| Q1 2026 | 24% | +0.5 points |
| Q4 2025 | 22% | -1.1 points |
| Q3 2025 | 23% | +1.1 points |
| Q2 2025 | 22% | -0.1 points |
| Q1 2025 | 24% | +0.4 points |
| Q4 2024 | 23% | -0.3 points |
SSNC's operating margin was 24% last quarter, up 0.9 points from the same quarter a year ago.
SSNC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $482.2M | +14% |
| Q2 2026 | $403.4M | +15% |
| Q1 2026 | $293.7M | +13% |
| Q4 2025 | $633M | +36% |
| Q3 2025 | $421.5M | +36% |
| Q2 2025 | $350M | -6.6% |
| Q1 2025 | $259.5M | +49% |
| Q4 2024 | $466.9M | +25% |
SSNC's free cash flow has been positive every quarter for seven years: $1.8B over the past year, up 21% from the year before.
SSNC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1.4M shares |
| 1 year | -4.8% | -12M shares |
| 3 years | -5.2% | -13.3M shares |
| 5 years | -9.7% | -25.9M shares |
| Available history | -8.9% | -23.6M shares |
SSNC has 241M diluted shares, down 4.8% from a year ago, with $1.1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $154.8M |
| Q2 2026 | $437.7M |
| Q1 2026 | $168M |
| Q4 2025 | $318.7M |
| Q3 2025 | $240.1M |
| Q2 2025 | $270.3M |
| Q1 2025 | $206.9M |
| Q4 2024 | $368.2M |
SSNC spent $1.1B buying back its own shares over the past year, about the same as the year before.
SSNC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Moderate |
| Q2 2026 | 3.2x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 2.9x | Moderate |
| Q2 2025 | 3.1x | Elevated |
| Q1 2025 | 3.1x | Elevated |
| Q4 2024 | 3.2x | Elevated |
SSNC's net debt is about 3.0 years of its operating earnings (EBITDA), about the same as a year ago.
SSNC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.2 | Neutral |
| Stochastic | 24.8 | Neutral |
SSNC's weekly RSI is 53 (neutral) and its Stochastic is 25 (neutral).
SSNC PE vs Technology Sector
| Metric | SSNC | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 28x | 18% below |
| PE % | 23 | 35 | 12 pts below |
SSNC is trading at 23x earnings, a 18% discount to the Technology sector's median of 28x.
SSNC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.3 | 1.2% below |
| 20 week MA | $78.3 | 1.4% above |
| 50 week MA | $76.1 | 4.3% above |
| 100 week MA | $79.3 | 0.1% above |
| 200 week MA | $70.7 | 12% above |
SSNC's trend is up, with a small recent dip: it's below only its 8-week average, and 12% above its 200-week average.
SSNC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.5 | $71.7 | +17% |
| 2021 | $71.7 | $81.7 | +14% |
| 2022 | $81.7 | $51.3 | -37% |
| 2023 | $51.3 | $61.1 | +19% |
| 2024 | $61.1 | $76.1 | +25% |
| 2025 | $76.1 | $89.6 | +18% |
| 2026 YTD | $89.6 | $79.4 | -11% |
SSNC has finished higher in five of the last six years. It's down 11% so far in 2026.