Broadridge Financial SOLUTIONS, Inc. (BR) intrinsic value & 10-year financials
Broadridge Financial SOLUTIONS, Inc. (BR) has a Graham intrinsic value of $318.87 per share. At $175.11 on Oct 17, 2026, the stock trades 45% below that value. Over the last 10 fiscal years revenue grew 6.8% a year to $7.5B, with an average return on invested capital of 17.3%.
- Graham intrinsic value
- $318.87
- Share price (Oct 17, 2026)
- $175.11
- Price vs Graham value
- 45% below
- Market cap
- $20.5B
- Revenue (FY2026)
- $7.5B
- Revenue growth (10-yr CAGR)
- 6.8%
- ROIC (10-yr avg)
- 17.3%
- Free cash flow (FY2026)
- $1.3B
BR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $7.5B | $1.1B | $9.60 | $1.3B | 17.4% | 17.7% |
| FY2025 | $6.9B | $839.5M | $7.10 | $1.1B | 17.3% | 17.3% |
| FY2024 | $6.5B | $698.1M | $5.86 | $998.8M | 15.6% | 14.7% |
| FY2023 | $6.1B | $630.6M | $5.30 | $784.9M | 15.4% | 13.1% |
| FY2022 | $5.7B | $539.1M | $4.55 | $414.5M | 13.3% | 10.7% |
| FY2021 | $5.0B | $547.5M | $4.65 | $588.2M | 13.6% | 12.4% |
| FY2020 | $4.5B | $462.5M | $3.95 | $535.5M | 13.8% | 18.9% |
| FY2019 | $4.4B | $482.1M | $4.06 | $566.4M | 15.0% | 24.6% |
| FY2018 | $4.3B | $427.9M | $3.56 | $616.9M | 13.7% | 24.4% |
| FY2017 | $4.1B | $326.8M | $2.70 | $430.5M | 12.8% | 19.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Broadridge Financial Solutions has demonstrated mature, steady growth, with revenue compounding at 6.8% annually over the past decade.
Broadridge Financial Solutions has earned high returns on invested capital, averaging 17.3% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Over the decade, Broadridge Financial Solutions shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Broadridge Financial Solutions is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $318.87 per share.