SS&C Technologies Holdings Inc SSNC
SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) is the world's leading hedge fund and private equity administrator, as well as mutual fund transfer agent. SS&C's unique business model combines end-to-end expertise across financial services operations with software and solutions to deliver value to customers of any size, scale, or complexity in the financial services and healthcare industries. SS&C owns and operates the full technology stack across securities accounting, front-to-back-office operations, performance and risk analytics, regulatory reporting and healthcare information processes.
SS&C's trusted and proven technology delivers an unparalleled level of scalable capabilities for the most complex portfolios, the most sophisticated strategies, and the highest volumes of transactions. Through a series of carefully selected acquisitions, lift outs, and focused research and development, the breadth and depth of SS&C's expertise in financial services and healthcare technology are unmatched.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.27B | $5.88B | $5.50B | $5.28B | $5.05B | $4.67B | $4.63B | $3.42B | $1.68B | $1.48B |
| Cost of revenue | $3.25B | $3.02B | $2.85B | $2.77B | $2.64B | $2.57B | $2.61B | $2.05B | $886.4M | $800.5M |
| Gross profit | $3.02B | $2.86B | $2.65B | $2.52B | $2.41B | $2.09B | $2.02B | $1.37B | $788.9M | $680.9M |
| R&D | $507.5M | $517.7M | $473.8M | $447.3M | $414.9M | $399.4M | $383.7M | $318.2M | $153.3M | $152.7M |
| SG&A | $452.4M | $418.2M | $418.2M | $425.0M | $358.0M | $352.3M | $369.2M | $313.9M | $119.6M | $122.5M |
| Total operating expenses | $1.58B | $1.52B | $1.44B | $1.37B | $1.17B | $1.11B | $1.11B | $940.9M | $392.0M | $392.3M |
| Operating income | $1.44B | $1.34B | $1.21B | $1.14B | $1.24B | $985.8M | $914.4M | $429.1M | $396.9M | $288.6M |
| Interest expense | $434.7M | $463.0M | $476.3M | $312.2M | $205.7M | $249.9M | $409.6M | $280.1M | $108.6M | $129.9M |
| Pre-tax income | $974.8M | $893.7M | $857.7M | $876.1M | $1.04B | $775.8M | $531.7M | $125.1M | $282.7M | $163.6M |
| Income tax | $176.1M | $132.0M | $249.1M | $227.1M | $236.4M | $150.6M | $93.2M | $21.9M | $46.2M | $32.6M |
| Net income | $798.7M | $761.7M | $608.6M | $649.0M | $800.6M | $625.2M | $438.5M | $103.2M | $328.9M | $131.0M |
| EPS, basic | 3.26 | 3.09 | 2.45 | 2.56 | 3.13 | 2.44 | 1.73 | 0.44 | 1.60 | 0.65 |
| EPS, diluted | 3.15 | 3.00 | 2.39 | 2.48 | 2.99 | 2.35 | 1.66 | 0.42 | 1.55 | 0.64 |
| Shares, diluted (wtd. avg.) | $253.1M | $253.8M | $254.5M | $262.0M | $267.3M | $266.6M | $264.2M | $243.7M | $211.6M | $205.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $462.1M | $567.1M | $432.2M | $440.1M | $564.0M | $209.3M | $152.8M | $166.7M | $64.1M | $117.6M |
| Receivables | $978.7M | $902.0M | $799.4M | $778.6M | $713.4M | $648.0M | $669.7M | $681.7M | $243.9M | $241.3M |
| Total current assets | $5.49B | $4.86B | $4.05B | $2.42B | $4.25B | $2.30B | $2.79B | $2.05B | $359.4M | $415.1M |
| Property, plant and equipment | $289.5M | $299.6M | $315.3M | $343.9M | $382.0M | $412.8M | $466.4M | $553.2M | $101.0M | $80.4M |
| Goodwill | $9.99B | $9.22B | $8.97B | $8.86B | $8.05B | $8.08B | $7.96B | $7.86B | $3.71B | $3.65B |
| Other intangibles | $3.24B | $3.13B | $3.26B | $3.71B | $3.41B | $3.90B | $4.40B | $4.96B | $1.34B | $1.53B |
| Total assets | $20.71B | $19.04B | $18.10B | $16.65B | $17.33B | $15.92B | $16.74B | $16.11B | $5.54B | $5.71B |
| Accounts payable | $87.2M | $70.2M | $80.3M | $49.5M | $28.7M | $28.1M | $36.9M | $41.4M | $27.1M | $16.5M |
| Short-term debt | $25.0M | $20.0M | $51.5M | $55.7M | $47.4M | $53.9M | $76.3M | $87.5M | $37.9M | $126.1M |
| Total current liabilities | $5.11B | $4.35B | $3.77B | $2.19B | $3.85B | $2.28B | $2.78B | $1.92B | $443.6M | $560.6M |
| Long-term debt | $7.41B | $6.99B | $6.67B | $7.02B | $5.90B | $6.39B | $7.08B | $8.17B | $2.01B | $2.37B |
| Total liabilities | $13.77B | $12.44B | $11.70B | $10.55B | $11.11B | $10.21B | $11.62B | $11.53B | $2.85B | $3.45B |
| Retained earnings | $4.18B | $3.64B | $3.13B | $2.74B | $2.29B | $1.67B | $1.18B | $847.1M | $766.9M | $492.3M |
| Total equity | $6.89B | $6.53B | $6.40B | $6.10B | $6.22B | $5.72B | $5.12B | $4.58B | $2.69B | $2.26B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.74B | $1.39B | $1.22B | $1.13B | $1.43B | $1.18B | $1.33B | $640.1M | $471.8M | $418.4M |
| Depreciation and amortisation | $703.8M | $680.1M | $670.4M | $671.6M | $667.4M | $725.3M | $775.2M | $518.5M | $237.2M | $228.7M |
| Stock-based compensation | $257.7M | $203.3M | $159.5M | $124.8M | $114.0M | $87.8M | $72.4M | $96.9M | $41.5M | $50.5M |
| Capital expenditure | $80.8M | $61.4M | $56.6M | $63.4M | $51.3M | $34.8M | $63.0M | $33.6M | $35.5M | $27.9M |
| Investing cash flow | -$1.31B | -$855.7M | -$268.4M | -$1.76B | -$148.2M | -$210.5M | -$140.5M | -$7.10B | -$63.3M | -$496.0M |
| Financing cash flow | -$243.5M | -$152.3M | $712.8M | -$1.18B | $556.7M | -$1.43B | -$513.4M | $7.52B | -$468.0M | -$236.1M |
| Dividends paid | $253.8M | $244.9M | $220.9M | $203.1M | $174.0M | $136.1M | $107.7M | $70.9M | $54.4M | $50.1M |
| Buybacks | $1.04B | $737.5M | $471.6M | $476.1M | $487.9M | $227.7M | $60.3M | — | — | $15.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-147619.
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