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Services-computer programming services company · X0 · FY ends Sep · Revenue $5.00B · 12.56% margin · $619M FCF
12.56% operating margin is respectable but not wide. ROIC at 12.45%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue growth slowed to 2.4%, essentially flat. This is a business that needs a catalyst.
Free cash flow declined 11% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
$5.00B
▲ +2.4% YoY
Net Income (TTM)
$493M
▼ -8.8% YoY
Op. Margin
12.56%
▼ -0.8pp YoY
ROIC
12.45%
▼ -0.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$619M
▼ -11.4% YoY
Op. Cash Flow (TTM)
$724M
▼ -11.9% YoY
Net Debt
$275M
Cash & Equiv.
$514M
5Y CAGR: +4.1%
5Y CAGR: +3.2%
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