FACTSET RESEARCH SYSTEMS INC Earnings Per Share Disclosure
| Years Ended August 31, | |||||||||||
| (in thousands, except per share data) | 2025 | 2024 | 2023 | ||||||||
| Numerator | |||||||||||
| Net income used for calculating Basic EPS and Diluted EPS | $ | 597,040 | $ | 537,126 | $ | 468,173 | |||||
| Denominator | |||||||||||
| Weighted average common shares used in the calculation of Basic EPS | 37,924 | 38,059 | 38,194 | ||||||||
Common stock equivalents associated with stock-based compensation plans | 461 | 559 | 704 | ||||||||
| Shares used in the calculation of Diluted EPS | 38,385 | 38,618 | 38,898 | ||||||||
| Basic EPS | $ | 15.74 | $ | 14.11 | $ | 12.26 | |||||
| Diluted EPS | $ | 15.55 | $ | 13.91 | $ | 12.04 | |||||
| Years Ended August 31, | ||||||||||||||
(in thousands) | 2025 | 2024 | 2023 | |||||||||||
Stock options | 791 | 381 | 566 | |||||||||||
Restricted Stock Awards | 87 | 88 | 59 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Oct 22, 2025 | Showing above |
| 2024 | Oct 29, 2024 | |
| 2023 | Oct 27, 2023 | |
| 2022 | Oct 21, 2022 | |
| 2021 | Oct 22, 2021 | |
| 2020 | Oct 29, 2020 | |
| 2019 | Oct 30, 2019 | |
| 2018 | Oct 30, 2018 | |
| 2017 | Oct 30, 2017 | |
| 2016 | Oct 31, 2016 | |
| 2015 | Nov 2, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.